High Ticket Merchant Services

What is a high ticket item?

High ticket items are retail goods of large value or cost. Some examples of these include; cars, jewellery or high end electronics. When it comes to merchant services high ticket retailers tend to have fewer transactions but at larger amounts. Although business owners view the higher valued transactions as profit, payment processors see it as potential risk.

Why are high ticket items high risk?

Chargebacks

If customers are paying a premium for goods or services the expectations are high. If they receive or experience anything less than expected after purchase they are likely to return items or raise complaints. For less valuable or expensive items customers won’t generally go through the effort of a returns process or complains procedure.

Fraud

Both imitation brands and identification fraud can occur within high-ticket industries. If someone stole your credit card details they are much more likely to purchase an expensive watch over a sandwich.

Ultimately this means securing a high ticket merchant account is more difficult than a standard account, but due to lack of information available about this industry, business owners rarely know, or take this into consideration when starting out.

SPEAK TO A HIGH RISK EXPERT HERE

High ticket item account providers

It’s important for merchants to find a provider that specialises in the high-risk industry and have experience of high ticket merchant accounts or high ticket merchant accounts more generally. Some merchant providers charge higher percentages for smaller transactions, others more for larger ones.

At Merchant Advice Service, we deal with high ticket merchant account applications on a daily basis. We understand the criteria for each merchant provider and understand the ins and outs of high ticket merchant services. This enables us provide you with expert advice and guidance, saving you both time and money.

Get in touch with one of our expert advisors today to find out more.

GET IN TOUCH

Make a quick enquiry

Speak to us directly and get any questions you have answered. Submit your details and we’ll be in touch shortly.

Agree

Tick this box to allow Merchant Advice Service and partnering firms to contact you in relation to your enquiry and associated services. Note we do not use pre-ticked boxes or any other type of default consent. We may use the data on this form to to pass you onto an advisor who suits your specific needs. You may withdraw your consent at any given time.

We will keep record of your data and consent granted to us. Your consent will be reviewed on a five yearly basis to ensure that our relationship and the purpose of the data have not changed.

We act on requests to withdraw the information we hold on you as soon as we can.

For further information please refer to our full terms and conditions HERE.

Make a quick enquiry

Speak to us directly and get any questions you have answered. Submit your details and we’ll be in touch shortly.

Agree

Tick this box to allow Merchant Advice Service and partnering firms to contact you in relation to your enquiry and associated services. Note we do not use pre-ticked boxes or any other type of default consent. We may use the data on this form to to pass you onto an advisor who suits your specific needs. You may withdraw your consent at any given time.

We will keep record of your data and consent granted to us. Your consent will be reviewed on a five yearly basis to ensure that our relationship and the purpose of the data have not changed.

We act on requests to withdraw the information we hold on you as soon as we can.

For further information please refer to our full terms and conditions HERE.

By continuing to use the site, you agree to our use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close