Century Business Solutions is pleased to announce the next generation of High-Risk Merchant Processing
IRVINE, Calif., March 19, 2015 /PRNewswire/ -- Century Business Solutions, a technology-based merchant services provider from Irvine, CA, announces it can now serve a multitude of businesses considered high-risk. The new development comes as a result of new, strategic banking relationships executed by Century and its partners, and puts Century in position to help a large swath of merchants who have been unable to accept credit card payments or have had to pay a premium to do so.
Photo - http://photos.prnewswire.com/prnh/20150318/183057
Many businesses considered high risk – especially those dealing with firearms – have simply been unable to process credit card transactions since Operation Choke Point came into effect in 2013. As many banks and independent credit card processors have shut down businesses' merchant accounts with little to no warning due to Operation Choke Point, Century has seen this as an opportunity to not only help an undervalued group of merchants, but also to broaden its industrial reach. Now, in addition to serving merchants in the manufacturing and wholesaling industries, Century serves US-based merchants in industries typically considered high-risk – including firearms, nutritional supplement, vape, and tech support.
Century also stands to benefit from the new high-risk industry inclusion because industry risk level has no effect at all on the type of accounting programs businesses use – and, many of them use common accounting systems for which Century provides credit card processing solutions. Thus, high-risk businesses using QuickBooks, Sage 50 (Peachtree), Sage 100 (MAS 90 or MAS 200), Sage 500 (MAS 500), NetSuite, Microsoft Dynamics NAV, SAP Business One, and many other common accounting systems can benefit from Century's integrated processing solutions.
But even aside from this, Century believes it can drastically benefit high-risk businesses with its Chargeback Management Team. The Chargeback Management Team is a special division at Century that can assist merchants with finding and executing the best course of actions, in the event that chargebacks occur. The Chargeback Management Team benefits merchants in all industries, but should benefit those considered high-risk even more, as they are usually more chargeback-prone.
About Century Business Solutions
Century Business Solutions is a technology-based merchant services provider that develops integrated payment processing solutions for major ERP/CRM and Accounting systems. Located in Irvine, CA, the company has served 6000+ merchants in the U.S. and Canada for nearly a decade.
SOURCE Century Business Solutions
Share this article