The sale of wine and spirits online is generally deemed high risk at most banks and can be a difficult business to find proper payment processing for. The online wine industry is currently growing rapidly and we feel that it will only continue to expand at a fast pace, which means the need for a solid online wine payment processing partner is vital.
Unfortunately, banks do not understand the online wine industry and do not realize that consumers desire these products and services. Wine and other alcohol companies are considered high risk because of the potential dangers behind card not present alcohol sales, mostly the potential of minors purchasing these products online. Most banks will avoid your online wine club business type, but here at High Risk Processing, we specialize in getting your online wine company approved with higher volumes and more security.
Contact our online wine team, as long as you can keep your chargebacks under 3% we can start setting up your merchant account today.