I am currently using two merchant accounts for two different sites but I need a third one for another website I have and don't want to go with one of the companies I am already with. Oh, the most important thing, the website will be considered a "high risk account" so I need a company that understand this and wont try to close my account if my chargeback ratio goes over 3%. Any suggestions?
With chargeback potential like that you won't find a company that can offer you the same rates as, for example, someone selling books. Is your current provider a high risk provider? If I may ask, what reasons you do not want to use them with this new account?
An offshore provider should let you go beyond that. The actual processing rate will definitely be very high, and I would assume that a reserve account will be required either before or as soon as you start exceeding 1 - 2%.
I understand that I probably wont get the same rate which is ok and my current providers don't deal with high-risk merchants. One of the merchants I'm with canceled my friends account after he had a 4% chargeback ratio with over $50k in monthly sales without any warning so that's why I don't want to use one of them. Anyone have any good recommendations for a legit offshore provider?