Currency exchange businesses follow certain merchant account instructions while processing online credit card transactions. Credit card issuers and banks consider certain merchant industries as high-risk industries; such merchant industries may include some currency exchange providers.
Crucial business development services may be availed by merchants from time to time. Merchants may be prevented by the currency exchange industry from receiving such services due to their risk potential. Credit card processing and loan processing are included in these services. We understand that these services are important for merchants that bear high risks. That's one reason why we've specialized in serving these clients with necessary assistance.
High rates of chargeback are often experienced by currency exchange providers as big sums are transferred alongside international conversions. Numerous merchant service providers bearing higher risks are terminated due to a high rate of chargeback. The services offered by us involve a High Risk Merchant Reserve, which is created out of cash that’s retained from funds post clearing.
Alongside various unforeseen losses, instances of chargeback will always be covered by funds drawn out of this reserve. We offer a Merchant Cash Advance service that allows currency exchange providers to achieve certain payments by selling a certain portion of their credit card sales volume. These funds are considered by PayeHub.com as an initial payment for forthcoming credit card receivables instead of considering them for loaning purposes. Utilizing these funds isn’t restricted by PayeHub.com since any advance made towards a business is considered to be an investment.
PayeHub is very flexible. Based on your needs and your business type, they will provide you with limits specifically decided for your unique business."I appreciated getting straight forward answers when I called about the rates." Thank you for the support.- Lewis Garcia,Miami FL
I've had to deal with many companies and businesses in the process of setting up my business and you have by far given me the best customer service of the bunch. It's refreshing to actually get quick responses and exact information. I never thought I'd be so thrilled dealing with PayeHub !"- Robert Hall, New York NY
I look forward to working with PayeHub. I can tell already that I've made the right choice. Your customer service is amazing. Thank you for your willingness to accommodate me. It truly means a lot. If I know of any businesses that are looking for credit card option payments know that you'll certainly be recommended. Thanks for going the extra mile."- Ankit Surani ,Charlotte NC