Helcim vs Square: The Ultimate Comparison

[@tonyslawncare]

Thank you!

[@MerchantMaverick]

Thanks for watching, Tony! 🙌

[@boschulte]

what is a high risk merchant?

[@MerchantMaverick]

Hey! Great question. High-risk merchants are businesses that financial institutions and payment processors consider likely to fail, often because the business's industry has a high risk of chargebacks or fraud. To learn more about high-risk industries, check out our blog post. We hope this helps! www.merchantmaverick.com/high-risk-business-company-industry/

[@luder13]

@@MerchantMaverick I disagree with your definition of High-risk Merchant. My business was classified as a high risk merchant because I did not have a high volume of transactions, but most of my transactions are of high value (Above $1000). Therefore is a client was to contest a charge on their client, My provider would have to reimburse them prior fighting for payment for the bank. Or something along those lines. You mentioned that Helcim does not approve high risk merchants but I am with them and the signup process was fairly easy. While there are some glitches in their programs, I have been very satisfied with their, and their online option to pay via ACH or to charge back the credit card fees to the client is awesome.