Acquire the best Alcohol Merchant Account Services
Retail and wholesale businesses looking for an online alcohol merchant account are well aware of the difficulty in locating a reliable payment processor. Finding merchant services remains difficult, whether it's a small brewery selling craft beers or a large wholesale organisation offering everything from wine to hard alcohol. We work with merchants to provide affordable and dependable alcohol payment processing services for credit cards, debit cards, and ACH transactions as well as alcohol merchant accounts.
We can assist merchants with whom other
payment processors are unable to work through our banking network. Merchants in
the higher-risk alcohol industry need a partner who can provide consistent and
low-cost payment processing services. By utilising our network of institutions,
we are able to establish financial ties with banks that specialise in high-risk
merchant account services.
Access User-Friendly Alcohol
Credit Card Processing
While the major credit card processing
companies continue to cater to traditional businesses that they have known and
understood for years, they avoid what they perceive to be public relations
problems. We at Leap Payments have made it our mission to provide quality
services to high-risk industries that others would not.
We've gone above and beyond to accommodate
businesses like yours. When you apply, you will be matched with a liquor credit
card processing specialist who understands your industry and will recommend a
banking solution for you that is tailored to your specific requirements. You
will then submit your application, which will typically be approved within 24
hours.
We walk you through the process to ensure that
you check all the right boxes, gather all the necessary documentation, and have
the best chance of approval.
Getting Approved In A High-Risk
Industry
The nature of the liquor industry makes it
difficult for owners to operate a business within it. In addition to the
Alcohol and Tobacco Tax and Trade Bureau (TTB) and age restrictions placed on
various products, alcohol merchant account providers must follow rules before
working with any companies.
The legal future of online alcohol and liquor
sales is still unknown, which may result in higher rates of chargebacks than is
normally intended or permitted. Because of these numerous obstacles, finding a
processor willing to grant a liquor company a merchant account is extremely
difficult.
Banks and lenders frequently classify
companies that sell alcohol as high risk for a variety of reasons. Financial
institutions may not fully understand how the liquor industry operates,
resulting in a large number of denials simply because they do not want to take
a chance.
If you've had trouble obtaining online credit
card processing or if you've been told your business is too risky, Leap
Payments is here to help. We understand the alcohol and liquor industry, both
online and in-store, and we'll create a tailored solution to meet your specific
business needs.
Why Are Online Alcohol and Liquor
Sales Considered Risky?
When it comes to alcohol sales, the stigma
associated with liquor presents a bit of a challenge when it comes to
partnering with credit card processors that work with banks that are more
concerned with public relations than dealing with high-risk merchants.
There is also the issue of heavily regulated
alcohol retail sales. In reality, this should mean that law-abiding merchants
like you who meet all of the legal requirements should be regarded as low risk
and deserving of liquor credit card processing services as a retail merchant.
However, the opposite is true in the eyes of
those who would provide your alcohol merchant account services.
The problem of underage sales online is the
one true risk worth considering. Some people believe While some challenges
remain, there are several approaches to dealing with this issue. This is one
such solution that is actually a need for a buyer to provide him an adult
digital signature.
Have Benefits of Alcohol Sales
with us
Merchants in the online alcohol industry must
work with a payment processor who is familiar with their requirements. Although
we understand online alcohol businesses as well as many of the industry's
problems and concerns. Merchants with online beer, wine, or hard alcohol
businesses are encouraged to contact our sales team for more information on
selling online. We would be delighted to answer any questions you may have for
an alcohol merchant account to assist you in resolving a problem with your
current merchant services programme.
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