The 10 Best Tech Support Merchant Accounts
Although, the technical industry may be one of the fastest growing industries, banks aren’t too keen on approving merchant accounts for these types of businesses. This prohibits merchants in this sector from processing payments, including credit card purchases.
Unfortunately, the term “tech support” has become synonymous with “tech support scams.” Over the years, scammers disguised as tech support have scammed people both out of their personal information and their money.
The latest stats, according to the Federal Trade Commission, show that consumers lost a total of $24.6 million from tech-support scams in both 2015 and 2016.
Legitimate tech support businesses that want to accept credit card transactions deserve to turn to reputable high-risk merchant account providers to resolve these issues and set them up with a proper merchant account to begin processing payments. Take a look at these 10 merchant account providers for your tech support business.