There are certain merchant types that are considered high risk for reasons such as: reputational risk, businesses prone to chargebacks, and signers in less than desirable financial situations.
High risk acceptance is a moving target, and there are nuances with boarding each business type. We are experts in the fundamentals and stay up to date on recent industry developments. Our multiple processor relationships allow us to meet the needs of each merchant while meeting all guidelines, compliance standards, and requirements.
Stoke will help during the paperwork process to ensure a clean file is submitted for approval. We perform pre underwriting processes and identify items the underwriters may have questions about to get ahead of it—and our processors love us for it!