Getting a high risk business a merchant account involves looking at a number of issues.
- price of each transaction
- type of products sold
- monthly continuity or one-time sale
- location of owner
- location of company
- drop ship
- charge back rate
- return rate
- financial & bank documents
Banks don't want to have to pay a buyer if the merchant does not have enough cash flow for returns or chargebacks, or just goes out of business.
For requirements of banks, VISA, and Mastercard, and the Payment Card Industry (PCI) compliance, surf on over to http://paymentmaven.com/Get-Started.html
Cheers,
Paul Nisenbaum