Merchant credit hold for review is a notice some merchants, such as those with high risk merchant accounts, may receive when their account is suspended . This can happen for a number of reasons. You may have high chargeback rates that exceeded your threshold, missed payments to your processing company, or even been flagged for fraud.
There are a few ways to resolve a credit hold , but the specifics come down to understanding the cause. In any case, it can be a long process that is frustrating for merchants especially if they are waiting on reserve funds to be released. If you find yourself in this situation, your first step should be to contact a high risk payment processor.
Resolving Credit Holds With A High Risk Payment Processor
Contacting a high risk payment processor is your best way to resolve a credit hold. Firstly, they are well versed in dealing with industries that have processing difficulties. High risk processors provide a specific type of account, one that has separate allowances for issues like chargebacks, , and international sales.
