Understanding Payment Processing and Solutions for High-Risk Industries
At Volusion, we offer a specialized payment solution for high-risk sectors such as CBD, firearms, and furniture.
Volusion
In ecommerce, integrating a reliable payment solution is crucial for completing sales. While this is straightforward for most online stores, those in high-risk industries often face challenges finding suitable payment processors.
At Volusion, we simplify this process by partnering with Fort Point Payments, a specialized payment solution for high-risk sectors such as CBD, firearms, and furniture.
Understanding High-Risk Processing
Major payment companies like Stripe and Square categorize businesses as high-risk based on several factors:
- Transaction size: Large transactions can lead to concerns about chargebacks
- Future delivery: Businesses with extended delivery times, such as furniture or cruise lines, may worry banks
- Reputational risk: Banks may avoid associations with certain industries like adult content or payday lending
- Industry compliance: Sectors like CBD and firearms require strict adherence to regulations
Fort Point Payments: Your Partner in High-Risk Solutions
Fort Point Payments avoids labeling businesses as high-risk, preferring the term "harder-to-place." They specialize in industries such as:
- Adult
- Beer / Wine / Liquor
- CBD / Hemp / Cannabis
- Firearms / Ammo / Weapons
- Online Pharma / CNP Pharma
- Tobacco / Cigars
- Vape / e-Cigarettes
- Weight Loss Products
Benefits of Choosing Fort Point Payments
If your business is classified as high-risk by other processors, Fort Point Payments offers personalized attention and swift application processing:
- Specialized review: Their team understands the nuances of various merchant categories
- Quick setup: Integration with your Volusion site can be completed in as little as two business days
- Flexibility: They work with multiple banks, ensuring minimal disruption if one bank discontinues services to high-risk industries
Getting Started with Fort Point Payments
Adding Fort Point Payments to your Volusion ecommerce site is simple and straightforward:
- Application submission: Submit your application (0-1 business days)
- Underwriting review: Review process (1-3 business days)
- Approval and setup: Gateway setup (0-1 business days)
- Integration: Add to your Volusion website (0-1 business days)
For more information on how Fort Point Payments can benefit your business, fill out our inquiry form or visit their application page.
Partner with Volusion and Fort Point Payments Today
Volusion and Fort Point Payments ensure that even high-risk industries can efficiently process payments without unnecessary complications. Sign up for our 14 day free trial to start your ecommerce journey today!
