High-risk businesses are rarely served by ordinary merchant account providers. A classic example of a high-risk online business is e-Gaming. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. How High Risk Merchants Can. Services to high-risk business owners are comparatively expansive than low-risk businesses. Online gambling is popularly known as gaming in the merchant service industry. Find the Best Payment Processing Solutions in the Field True professionals in. According to a recent study, the online gaming market is projected to grow by $142. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. Essentially, a merchant account acts as the middleman between the use of the card and the deposit of the. Including individual transactions and batch totals with comprehensive reporting tools. Instead, companies that are specialists in managing high-risk merchant accounts are the right choice. Merchants can get approved in as little as 24 hours. The 21st century has been marked by the dramatic rise of online gaming and digital goods, transforming them into multi-billion dollar industries. Online gaming is an important sector of that market, with global online gaming expected to expand from 126 petabytes in 2016 to over 568 petabytes by 2020. For the last two decades, internet marketing has been a profitable venture for tech savvy entrepreneurs. High-risk merchant accounts are necessary for these industries. As a result, trust and customer loyalty improve and, in turn, brings. Consumer-targeted data breaches have been the norm in recent days. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. The bank then sends the information to the card issuer. Travel Merchant Accounts. Certain industries, such as online gaming,. Since gambling is considered to be a high-risk-high-reward industry, it pays for online gaming companies to get their merchant accounts approved and ready to. A high-risk merchant account is a label your payment processor has given your business. Many card processing company and banks consider this as a high-risk. The process is easy, so you can focus on more important things. The High-Risk Gaming Industry. Social gaming. An online gambling account for merchants allows businesses to process digital payments online through a gambling payment gateway . Dharma’s monthly fee is $20 per month. For this, the best option for small businesses is to look for outside funding. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. What Makes a Gambling Merchant Account High-Risk? Most banks consider gambling “high risk. As it is difficult to assist a merchant account for an online gaming business, it requires risk-bearing authorizations to run your casino business worldwide. A typical issue in a gaming merchant account is a. Low-Risk Merchant Accounts. Best high risk merchant. There are certain regulations in online gaming or gambling businesses. A new study by Experian shows that this generation has an average of $111,121 per person. International Access. A bail bond merchant account may be difficult to find. On top of that, they sport a credit score of only (718), while Baby Boomers average about $101,951 worth of debt and rock a credit score (782). This is where you will log in to your control panel. Negative bank account. Amald. These online merchants can have an extremely tough time finding a high-risk merchant account. Also included are some valuable tips to decrease the risk associated with the online payment process. OFFICE ADDRESS. Connected. In the recent years, alternative payment processors like emerchantbroker. Chargeback protection. Our streamlined application process ensures quick approval, so you. A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Moving companies. An online high risk merchant account will help you to accept alternative payment methods, such as prepaid debit cards, e-check for high risk businesses, ACH, and crypto payments, which are not accepted by standard merchant account prpcessors. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. High-risk merchant accounts are for businesses that have a high rate of a chargeback, legal issues, or other problems that increase the likelihood of nonpayment for products or services rendered. We are a financial advisor delivering high-risk payment gateway solutions to businesses labeled as high-risk such as online gaming, tobacco, adult services, etc. Let us get you set up today. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. Gaming comes with the potential for. Penny auction merchant accounts are considered high risk in large part thanks to the high chargeback rates that happen so frequently to penny. The pros of a high-risk merchant account for Shopify. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. Merchant Account Services For The US. For e-gaming companies offering online casinos, poker, draws, bingo, lottery, skill games, crypto casinos and all other online gambling operations on the internet with a gaming license, there are two basic “must-have” financial services: A bank account. You do this by opening a merchant account. High-risk businesses can expect processing rates of 3. But companies like PaymentCloud can help you find competitive processing rates. Payline Data provides merchant accounts with interchange-plus pricing. Features to look for when choosing a gambling merchant account High-risk services and pricing. According to Statista, the global media and entertainment market is projected to grow to $2. According to the Center for Disease Control (CDC) one-third of Americans are overweight. fees. We’re offering an online gaming merchant account. High risk transactions refer to any financial activity that poses a greater degree of potential fraud or money laundering. Mobile Card Reader. Obtaining an online gaming merchant account isn’t easy. Easy to find contact information on the Website, receipt, and packing slips. Online gaming is on top of the competition these days, as just one online stream can earn you millions in. 3) Industry is considered low-risk, such as retail. You Need to Open a Business Bank Account and a Separate Merchant Account. For example, the type of industry, the industry's reputation, the place of your business, a higher chargeback ratio, higher return volume & higher chances of fraud, high ticket items, and bad credit scores are a few grounds to consider a business high-risk. The tremendous popularity and easy accessibility of many gaming sites and apps increase the importance of merchant account for accepting international credit card payments. 1 million who fell victim in 2013. 2. High-risk merchant accounts offer a range of benefits to merchants who use Shopify as their platform of choice. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. No matter you’re a new business or the owner of top adult websites, you can get a secure and low-cost adult merchant account if you turn to EMB. Find reliable solutions for your business needs. The most significant red flag for banks is the fact that a lot of these. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. An online gaming merchant account is a customized merchant service that helps in online money collection. net offers high-risk merchants all the tools for high-risk payment processing. Online Processing. Majority of card processing providers consider it as high risk industry due to certain reasons. Our gateway partners like NMI and Authorize. Yes #offshore_merchant_accounts can offer significant benefits, But they also come with certain risks, We at PAYCLY Merchant Services have vast experience managing cross border #High_Risk_Payment. There are troves of benefits that come along with having. The reason is that these companies get much more chargebacks than others. When the ratios remain high, processors have no choice but to terminate their high-risk merchant accounts. To process credit card payments effectively and efficiently, businesses need to turn to Casino Merchant Service providers to obtain a casino and online gaming merchant account. CNP, or card not present, fraud is still possible with EMV cards, and it is quickly becoming a hacker’s new way of getting. It often means tougher-than-usual terms and higher fees than low-risk accounts. Even though merchants also enjoy the same benefits as households when they use credit cards, a good majority are still. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. But there are some surprising businesses that fall into the high-risk category. EMB offers merchants end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, telecom services, and more. Why are online gambling, online gaming, and online casinos considered a high risk merchant account? What makes gambling or an online casino a high-risk business type is that the entire industry it’s heavily regulated in general. Retail. ” This is related to the causes we list below. The data breach incident sold customer details for £1 each in this scam. We have solutions that work for all types of businesses. There are two plans to choose from, one tailored to brick-and-mortar businesses and the other for ecommerce merchants. A high risk merchant account is a type of bank account that allows a business to accept credit card payments, even if it operates in an industry that is considered to be high risk. High Approval Rates. They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. Tags: Adult Industry Articles chargebacks Direct Marketing EMB solutions Extended Warranty Services fraud High Risk Merchant Acccount high risk payment processing merchant services Multi Level Marketing Nutraceuticals. Payline data plans cost $$20/month plus. Online gambling is popularly known as gaming in the merchant service industry. The online casino industry is well-known as online gaming in the merchant service industry. There are a lot of steps to setting up a business. Alipay. Support free trial. 1% for low-risk transactions. Nonetheless, we have a high endorsement rate for high risk merchants and offer. As a result, nationwide online gaming is categorized as high risk. com Home; About Us; Categories. With our services, bank-to-bank transfers have never been easier. Online world due to the fact that they typically use recurring payment methods. A merchant account is a type of account that is approved by a bank or financial institution to allow the business to take credit and debit card payments from their customers. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. High-Risk Merchant Accounts face several unique challenges, including: 1. – Webcam and Live Video Streaming Sites. Depending on the needs of your online gaming merchant account provider, when creating an online gaming and casino merchant account, it is important that you have the following documents ready. Other factors that can lead being classified as “high risk”. High risk merchant accounts play a vital role in the success of businesses in high risk industries. There are many laws that prevent online gambling that businesses have to abide by. With an online gaming credit card processing solution and merchant account from BankCard USA, you can bypass the app store and so much more: Process all forms of electronic payment, including all major credit/debit cards and ACH transfers. Consider whether you need a multi-currency account, a high-risk merchant account, or specific features like an international payment gateway. Friendly & Professional. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. Setup your Gateway Today! 1 2. Reach millions of shoppers. It has several beneficial features that run to complete operations faster. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. 4) E-Cigarette and Vaping Merchants. It makes banks classify them as high-risk, and you can learn more about the meaning and consequences of having a high-risk business in this article. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. Since Square’s mission is to equip merchants with all the tools they need to efficiently run their businesses, it has opened up its platform to like-minded partners striving to help other businesses streamline their day to day operations. 1. Issuu Store. But it is no longer enough for businesses to be internet savvy, they must also be. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. Many people find WooCommerce is the provider that best meets their business’s needs. Mobile gaming, social gaming, sports gaming and many other gaming merchants can avail a gaming. Because an online gaming merchant account permits gaming merchants to accept online payments quickly. Authorize. Knowing that is how things stand, it is best to not waste time seeking partnerships with standard, low-risk. The type of business applying for a merchant account may determine the level of risk associated with that merchant account. The acquiring banks consider the casino industry as high-risk. Doubtful bank statement. 38 billion between 2021 and 20226. Obvious examples of high-risk merchants include those in industries like medical marijuana, on-line gambling, or telemarketing. 9 billion in 2016. Level 1 PCI / DSS Certified Gateway. Or diversify accounts for backup and mitigation of processing risk. This can be damaging to any consumer, and merchants, as credit reports typically list any loan or credit card inquiry. Online gambling, adult entertainment, timeshare resale, and travel agencies are a few examples of high risk sectors that could be taken into account for high risk merchant accounts in Europe. Check out customers. 1-800-621-4893. The company has a positive reputation for transparent customer service and reliable support. Merchant Accounts for gaming industries are what you need that makes you able to accept credit or debit card payments. However, to gain more clients having a bookkeeping merchant account allows clients to pay with their credit cards rather than having to take the time to write a check. With partnerships with more than 15 domestic acquiring banking partners, we are able to serve merchants in high risk industries as well as low risk, high volume, and low volume, and in-store or online. 100% of all merchants recieve their merchant account. 3. The right card processor will be available to help you solve issues 24/7 through various channels. National Processing. Contact. Monthly fee: $10 to $45. But. Rely on the Instabill team to get you a high. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. This is the perfect solution for a pop-up shop, trade show, or any merchant who travels. ePay Global have multifunctional processing system which can process over 200 currencies. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Slot Machines. Online Gaming Chargebacks. 5. If you think a merchant is selling any of these items, you need to take action before you get hit with fines and other penalties. all the signers to the account. If you are a business that needs a high-risk merchant account, then contact eMerchantBroker. Fill in all the required fields. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. A high-risk merchant account is one that has been classified. Bonus abuse is a more basic scam closely linked to multiple account fraud. Begin your search for a collection agency merchant account at your bank. Businesses should expect to pay 2% over the cost of traditional merchant accounts, while also anticipating 18-month contracts. You can begin the process by just applying online now. Purchase your next favourite publicationIn fact, even many of the International high risk merchant accounts will not underwrite Online Gaming businesses. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. A competitive payment processing fee for a standard retail small-business account might be 2. Our banking partnerships and network enable the online casino merchants to set up service with offshore and high risk merchant. If you have started a new business with cigarettes in. started today! Our gateway will enable you to accept credit cards and local payment models in no time. You are your own boss and you can carry as few or as many clients as you want. Nov 6, 2017 | High Risk, Merchant Accounts | 0 comments. This account acts as a conduit, facilitating. GENERAL INQUIRIES. A Forex merchant account is vital for a foreign business that accepts online payments. Why online gaming merchant account is considered high-risk. Generation X- ages 30 to 46- is thus far the generation that has the most amount of personal debt. Moving companies. And with lucrative benefits like large ticket processing. E-Commerce high-risk merchant services are services provided by companies that specialize in high-risk eCommerce accounts. High-Risk International Merchant Account conducts your online business across the globe. While EMV cards are safer with in-person usage, they have opened up a few can of worms when it comes to CNP fraud. At last, we also learn some benefits and drawbacks of using a high. We help companies who need to acquire an online gaming merchant account and run a sustainable business. For starters, they provide a higher level of protection for businesses that require greater levels of payment security. We…With the proliferation of high-risk verticals entering the marketing place, more merchant account providers have opened their doors to serve the needs of the growing number of high-risk merchants. net, give you access to information regarding your new account. When a merchant application is submitted, the payment processor. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. Learn about the specific challenges of an online gaming merchant account and how to secure reliable payment processing capabilities. Getting an online gaming merchant account is not easy,. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. co differentiates itself by its people. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. Internet gambling laws are murky in many regions and an increasing number of companies are registered offshore. Why merchant account is important for online gaming? Merchant accounts are provided specifically to control the functioning of your e-commerce websites or websites that accept online payments, one of which is online gaming. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. It can be a beneficial and essential step to take by gaming. We make payment processing for online gaming merchants as easy as 1-2-3 with our trusted network of offshore banks. Doubtful bank statement. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online. Get processing. 2) Chargeback ratio is low to nothing. Hardware: Quote-based. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. With the gaming merchant account setup, your business will gain more profits as compared to regular profits, and will be beneficial when you serve people in your local area. Most high-risk processing providers don’t disclose a standard rate for their clients, as they tend to tailor the price to the particular business. Let Humboldt offer your. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online. Or check it out in the app stores Home; PopularThe two highest-risk accounts are online gaming and adult material. On other side of that coin, standard banks do not underwrite these accounts. Digital gaming is categorised as high-risk by most acquiring banks for the following reasons: High volume turnover. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. PayKings Provides Online Gaming Merchant Accounts. High Risk Merchant Account ; International. 7 million Americans fell victim to identity fraud in 2014. All they want is to avoid the risk. All they want is to avoid the risk. Negative bank account. It is critical to have a merchant account for online gaming because of the high-risk nature of the business. Easily accept payments from players. EMB specializes in all industries that are considered high risk. Protect high-risk and adult gaming transactions with comprehensive fraud management. Our high-risk merchant account service is exactly what. In the last ten years, the gaming industry has grown a lot, and there are many ways to make money by selling popular games or other products. Getting a smoke shop merchant account requires careful consideration of several key factors. Fast Approvals: We understand that time is of the essence. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. Our rates are competitive and affordable. Well, traditional merchant accounts often shy away from working with high-risk industries like online gambling or game development due to their perceived risks. Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. Gambling clubs and Online gaming…The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. Merchant Processing Advisors can help find a payment processor for your gaming business due to the fact that we specialize in high risk merchants and that we have partnership agreements with both. com is rated A by Card Payment Options and is named one of Inc. For our high risk UK merchant accounts we offer: 24/7 Technical Support. Merchant accounts are provided specifically to control the functioning of your e-commerce websites or websites that accept online payments, one of which is online gaming. Chargebacks occur when a customer calls their bank or credit card. The prevalence of credit card processing providers evaluates it as a high-risk industry because of. EMB Makes It Simple. sit in all of this? Despite being incredibly hesitant to embrace the. To complete the application process, you’ll need to provide various identification and paperwork. What Makes an Online Gaming Account High Risk? So, why is online gaming viewed by banks and other financial institutions as high risk? The two most common reasons that a company is labeled “high-risk business” are a high chargeback rate and a high frequency of fraud. We serve almost all industries, including those that sell high-risk goods and services. Whenever a business exceeds a 2% chargeback ratio, credit card companies can fine the processor that provided the high-ticket merchant account. Online Gambling Merchant Services. Get in Touch. That means that player payments get processed faster. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa,. In the last ten years, the gaming industry has grown a lot, and there are many ways to make money by selling popular games or other products. Published Jan 18, 2023. 5% - 5%. Especially with the online gaming business, various small transactions get generated & often hit a higher percentage fee. Other times merchants wish for a bigger standing in their industry. ECS Payments can provide you with the best payment solutions for an online casinos merchant account, covering all different types of online gaming payment processing including: Lottery. Unlike traditional processors, they are more willing to work with high-risk businesses. Again, adult entertainment account and payment processing rates fluctuate with season. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Online. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . These accounts function as a secure and reliable platform for processing online payments. Gaming Merchant Account. On the other hand, setting up an account with a payment aggregator usually requires very little paperwork. DHL only began delivering. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. The buyers of accounts are often people who are new to the game or not as advanced and are looking for an easy way to win. These are just a few of the accounts EMB approves for fantasy. Features to look for in a high-risk adult merchant account include: The ability to accept all transaction types; Popular integrations for online shopping; POS through a 3rd party. The first concern is the business that provides the platform for the players, for this you need some important resources and their availability depends on your banks. What sets high risk businesses. Majority of card processing providers consider it as high risk industry due to certain reasons. 7 billion gamers worldwide. This high-risk payment gateway integrates with your website swiftly. Our payment solutions for face-to-face, online, and mobile. 4% for mid-risk transactions. Radiant Pay is a leading provider of payment processing solutions for online gaming in London. Travel Merchant Account. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high risk. 2. net, give you access to information regarding your new account. E-Gaming Merchant Accounts. Quickly send money to winners. Are you a business owner in a High- risk industry? If so, you may be wondering how you can secure payment processing services to keep your business running. You may use it for online. World-class checkout. We offer point-of-sale systems and payment gateways that are fully integrated. It’s also free of monthly fees. This means that merchants in high-risk industries have a better chance of getting approved for an account. If you’re one of those involved into online gaming industry, you can also. 5 Star Processing Offers Online Gaming Merchant Accounts. Luckily, companies that specialize in high risk merchant accounts are a perfect fit. Gaming Industry Merchant Services. Get started by applying for a Hungarian high risk merchant account today. Some customers might join your gaming service or website for a bit and then leave. In time, they will likely become more. The industry is booming with so much growth and potential that it is expected to reach over 127 billion by 2027. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. Other Industries; Online Gaming & Casinos; Multilevel Marketing;. 2. Travel. 3% to 3. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. You’ll get approval for a casino and gaming merchant account in just 24 hours. As a gaming merchant, you need to be aware of the needs of your gamers and also what your business needs. While today, online gambling is very well regulated and organized, some financial entities still believe that certain threats exist. Well, traditional merchant accounts often shy away from working with high-risk industries like online gambling or game development due to their perceived risks. There is a range of rules and regulations surrounding gambling and online gaming businesses. Manage one-time and recurring billing so members can auto-pay on a set schedule. Avoid Chargeback. Published on August 17, 2017. About Us; High Risk Merchant Accounts; Solutions. Our tools have been designed with business owners in mind, and our goal is to assist growing high risk businesses to reach the next level of success. FYI – GBO is a premier payment solution provider for online casinos. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming merchant account. One essential service that top merchant services offer is credit card processing. Get a. Slideshow 11067011 by HighriskThe world of online gaming has witnessed an unprecedented surge in popularity, captivating a diverse global audience. But with us, you won’t need to be troubled. Online world due to the fact that they typically use recurring payment methods. Below is an inexhaustive list of each high-risk industry and its correlating merchant category code: High-Risk Industry (A-F) MCC. The gaming business is considered to present a higher risk to the underwriter, therefore it is considered high risk. Travel. Some financial organizations can reject your business type for merchant. Advantages and Limitations of Stripe as a Merchant Account Provider. 20. Merchants can receive real-time alerts for all chargebacks lodged. Setting up a merchant account can require a lot of time and tracking down and submitting various paperwork and documents. An online gaming merchant account from a high-risk merchant account provider can give you a way to process online payments without a bank or an electronic. Each type has its benefits and limitations and can be an important part of a chargeback management system. Thus, some countries or states may choose to ban the entire industry. A merchant account is a type of business bank account that allows you to safely process electronic payments like debit and credit cards both in-person and online. Laws differ between countries and states regarding what is legal in. There is a lot of speed, convenience and security with the use of these plastics for transactions. Whatever your payment needs, we offer the expertise and solutions to make you more money. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high.