Low Risk Credit Card Processing

Are you a merchant that would benefit from low risk payment solutions? Low risk merchants run brick-and-mortar storefronts and process in-person transactions. Card-present payments reduce the chance of fraud and further decrease a business’s risk level.

Revitpay offers various products and services for out low risk merchants:

  • Touchless Payments
  • Chip and Pin Payments
  • In-Person POS Processing
  • Payment Gateway Options
  • Fraud Protection
  • On-The-Spot Invoicing
  • Interchange Optimization
  • Personalized Support
  • And More…
Low Risk Businesses and credit card processing
what is risk

What is Risk?

Banks define a business’s or industry’s risk by its chances of success. Certain characteristics of a company decrease or increase risk factors, such as whether it operates in-person, online, or both. 

A high risk merchant needs specialized attention from payment processors and banks, whereas low and mid risk merchants can find basic support with most traditional institutions. 

Labeling the risk level of your business will help you in finding the right solutions. Revitpay act as a one-stop provider for low, mid, and high risk merchants. 

Why is Your Chargeback Ratio Important?

Chargebacks come from unresolved disputes and claims. They require card providers to return funds to a customer, which leaves businesses with a chargeback fee and a hit on their record.

A high or increasing chargeback rate increases the risk level of a business, regardless of their industry. It becomes difficult to find a payment processor or bank that will provide services. It can also put companies out of business.

Revenue, sales amounts, and industries are just a few factors that affect a business’s chargeback rates. If you are a low risk merchant, your chargeback ratio is most likely low to zero.

Even so, all merchants should keep an eye on their chargeback ratio to prevent their risk level from increasing. Revitpay offers support such as chargeback alerts and fraud protection to keep rates low.

chargeback importance person hurt

Am I a Low Risk Merchant?

Here are a few questions to ask to determine whether you’re a low risk merchant.

What is Your Industry?

Industries without reputation, political involvement, or strong regulations most likely fall in the low risk category.

  • Clothing and Apparel

  • Household and Office Supplies

  • Pet Supplies

  • Books

  • Beauty Products

  • Beauty Products

  • Restaurants and Groceries

  • Hospitality

  • Auto Parts

What are Your Average Transaction Amounts?

Low risk businesses will have average ticket sales of around or less than $50. These low ticket sales protect merchants from hefty chargebacks.


What is Your Merchant History?

Businesses in their first few years of operating are high risk. Their future success is uncertain and banks are less likely to take their chances. Your low risk business would have to be operating for at least a few years to build a credible history.

Some merchants can have poor credit or high chargeback ratios as part of their history. This immediately makes them high risk. A low risk merchant will have no or very few chargebacks.

What Additional Services Do You Offer?

Subscription services and Buy Now, Pay Later options are popular amongst online retailers. However, your brick-and-mortar store may be one of the few that provide these alternative payment methods.

Buy Now, Pay Later is a new payment method that allows consumers to pay for higher ticket items over time. These pricey payments can result in a high chargeback as they can for subscription services.

Recurring payments increases a business’s risk level. This convenient billing method can be dismissed by clients who may stop using a service and forget about their subscription. This can result in a high ticket chargeback.

We Have What You Need

Revitpay can get you fast approval for a merchant account, regardless of your risk level. Our tools and services keep up-to-date with industries so that we can keep your business at the top of its game.