First Card Payments > Merchant Support  > Why It’s Important to Have a Backup Merchant Account

Why It’s Important to Have a Backup Merchant Account

Your Business Must Have a Backup Merchant Account

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Business owners should take the bold approach in making sure their business is protected. A backup merchant account for high risk businesses is essential to protect business operations and continuity. Being a high risk merchant the more that your account is on the risk of being closed or shut down.

Being a high risk merchant processor entails higher risks and issues in terms of managing the account. Also, a high risk merchant account is more likely to experience a double percentage of chargebacks which can be daunting for all parties involved.

A backup merchant account is a merchant account set-up waiting to be used when needed. It is an active account with minimal transactions and will be used when something goes wrong with your main account. For unforeseen issues and troubles, a backup merchant account will come handy.

Since high risk merchant accounts are at much greater risk of issues like disputes, chargebacks, and fraudulent activities, the possibility of these high merchant accounts from being turned off, suspended, or closed is highly likely to happen at any given time.

Avoid the torment and downtime when your high risk merchant account is closed. In the event that the primary high risk merchant account is lost, there is still a way for business to continue through a backup merchant account.

With a backup merchant account, you can continue with your business and accept payments. The business will still carry on so is sales.

Although a backup merchant account is available, it is still best to have set up a primary merchant account that is tailored to your business. Your primary merchant account should cover all the risk points involved in your business.

Your high risk merchant account should be customized and with secure payment systems. A well-tailored merchant account should protect your business from fraudulent activities, disputes, and customer chargebacks. With a lesser percentage of these merchant account issues, the likelihood of account shutdown or closure is very unlikely to happen.

Be on the lookout for the best backup merchant account service providers. Find a reliable service provider that can cater to your unique business model and needs.

When trying to choose a high risk merchant account processor, it should be the one that can recommend the best payment solutions at the same time to safeguard your business from high risks.

Some high risk merchant account service providers offer back up merchant account even if your primary account is not with them.

Even though high merchant account closure or shutdown is inevitable, it is still best to avoid this from happening.

If losing your primary high risk merchant account is recurring, it could be due to hidden issues. Take time to re-assess the reasons why the main high risk merchant account is shut down.

What are the underlying issues? Doing so allows you to make necessary adjustments and changes to prevent losing the business’ primary high risk merchant account.

Learn more about backup merchant account or Plan B merchant account and how will this be able to protect your business.


Ryan Kemp Zulu Shack Creative
( Director of Digital Marketing )

I am passionate about delivering results and helping my clients succeed. With my expertise in SEO, branding, and marketing, I lead the agency’s efforts to create and implement effective strategies that drive business growth. Our all-inclusive approach sets us apart from other digital media companies and ensures that our clients receive the full range of services they need for online success. If you can think of it, we can build it!

Zulu Shack Creative team members thrive on momentum. Like Zulu warriors, we strive to spearhead your idea with speed and quality.

When I’m not helping my team implement new digital marketing strategies, I enjoy playing music, hosting poker nights, reading Stephen King novels, and spending time with my wife and baby daughter.

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