If your business has had its merchant account closed and is no longer able to accept credit card payment, Performance Card Service (PCS) helps you take the right steps to recover, re-establish a merchant account and prevent an account closure from occurring again. With more than 20 years of experience as a high risk payment processor, we have successfully helped customers overcome virtually every type of account closure challenge imaginable. Put our experience to work for you, and keep your business moving forward.
Why Account Closures Happen
Financial institutions can close a merchant account — often quite suddenly — for any number of reasons. Here are three of the most common:
- Chargebacks have reached an unacceptably high level.
- Your company was a victim of credit card fraud.
- Your company’s credit worthiness has come into question.
PCS carefully analyzes your situation and then works with you to address these issues (and any others that apply). We help you take the right steps to reduce exposure to chargebacks, implement the appropriate techniques and processes for fraud prevention, and advise you on strategies and tactics for overcoming a poor credit history and other issues that have caused financial institutions to place you in a high risk category.