What is a high-risk business?
Businesses can receive a high-risk status, based on the business’s industry, merchant’s business practices or clientele. The processor can label the merchants that sell high-risk products (digital goods, Nutra, etc.) as a high-risk business. For instance, erchants with the high chargeback ratios industry are high-risk as well.
So, to high-risk businesses refer:
- Crypto trading
- Adult entertainment