How to Secure a High Risk Merchant Account?
You have an online business and need the ability to accept credit cards online. You are going to apply for a merchant account, but since you run an online business, you know you’re going to have a tougher time than if you were a brick and mortar store. This brings up some good questions. Why do online retailers have a more difficult time being approved? Also, what steps do you need to take to give yourself a greater chance of being approved?
First, merchant account providers must feel confident that your business is viable. The reason online retailers undergo more scrutiny than other businesses comes down to one issue, risk. The merchant account provider is the one that deposits payments into your business bank account. Since you are running an online operation, the merchant bank needs to make sure your risk exposure is minimal.
Source : http://goo.gl/uemtB