Merchant account volumes

[BrettSilverman]

Hi all. Anyone know what the limits for monthly or annual volumes are, when opening a merchant account for a small US business? I have an eCommerce general merchandise website I need to open a merchant account for and I don't want to raise any flags with the underwriting. I want to point out this is NOT a high risk business.

 

[Sols]

Limits ”” if any ”” are set based on the risk profile of the merchant, which is a function of company structure, business model, and products/services sold. So it's hard to say.

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This is the probably the answer to your question.

 

[BrettSilverman]

Sols said:
Limits ”” if any ”” are set based on the risk profile of the merchant, which is a function of company structure, business model, and products/services sold. So it's hard to say.
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What are they using to create a risk profile? Any particular software? Or basing just off of credit score?

 

[Sols]

It's usually a combination of various external tools, internal tools, and an assessment done by humans.

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This is the probably the answer to your question.

 

[joejohnM]

for monthly should not exceed 10K for it to be considered small business by underwriting team , more than monthly volume ticket size ( sale size ) matters more, if your average sale size is too small to too big will have different boarding criteria.

 

[BrettSilverman]

joejohnM said:
for monthly should not exceed 10K for it to be considered small business by underwriting team , more than monthly volume ticket size ( sale size ) matters more, if your average sale size is too small to too big will have different boarding criteria.
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Thanks for your reply. I'm curious - how do you know this? From experience as a merchant or someone on the inside in this industry?

 

[joejohnM]

experience as a merchant.

 

[BrettSilverman]

Sols said:
It's usually a combination of various external tools, internal tools, and an assessment done by humans.
Click to expand...

Can you give an example of such tools?

 

[Sols]

BrettSilverman said:
Can you give an example of such tools?
Click to expand...

https://www.webshield.com/

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This is the probably the answer to your question.

 

[BrettSilverman]

Sols said:
https://www.webshield.com/
Click to expand...

Thanks!

I doubt I could convince them to give me access even to their trial though, but thanks