high risk merchant accounts usvi

Credit Card Processing US Territories & US Virgin Islands

A merchant account gives you the power to accept credit and debit card transactions, making it an essential tool for any business, whether it welcomes customers to a brick-and-mortar storefront or a web-based ecommerce store. However, merchants operating in the U.S. Virgin Islands face unique challenges when seeking to open a merchant account.

Why is Credit card Processing in US Territories Different?

Credit card processing doesn’t work quite the same way in the Virgin Islands as it does in the continental U.S., and most major payment processing companies don’t offer merchant services in these territories. For a merchant based in the U.S. Virgin Islands who needs to accept card transactions, options are limited, and many merchants turn to local banks for their merchant services. These small, local institutions tend to have lengthy, inefficient processes for opening accounts, delaying a business’s ability to begin accepting card transactions. These local banks also tend to lag behind the times in terms of technology, making their services less reliable and potentially less secure. Because merchant services are not the primary focus of these banks, customer support is often something of an afterthought, and a merchant may find himself waiting until “business hours” for help if (when) something goes wrong. To top it off, these local banks often charge higher fees for the merchant services they provide, and they are generally unwilling to take on merchants working in industries deemed “high-risk.” Depending on your business model or the kind of products you sell, you may find yourself turned down for a merchant account by these local banks, despite the less-than-optimal services they offer.

Durango Offers Merchant Services in the US Virgin Islands and Beyond

Fortunately, Durango Merchant Services has a better solution. We offer merchant services to businesses in the U.S. Virgin Islands, including our full range of payment processing solutions. Whether you need secure POS (point-of-sale) terminals with EMV capability, mobile-based card processing, or ecommerce payment gateways – or any combination of solutions – Durango Merchant Services can help your Virgin Islands-based business get set up and ready to accept card payments quickly and easily.

If you’ve struggled in the past to find a merchant services provider that fits your business’s needs, Durango Merchant Services can help. We aren’t afraid to work with merchants in industries that are considered “high-risk,” or merchants who are just starting out with no professional credit history, or who may have a rocky credit history. We have extensive experience providing merchant services to a variety of business types, and your individually assigned account representative will help customize your account to suit the needs of your business.

Because Durango Merchant Services focuses on providing payment processing solutions to businesses of all kinds, working with institutions both in the U.S. and overseas, we are committed to staying on the cutting edge of security and compliance with industry standards and regulatory mandates. You and your customers can feel secure transacting business through our terminals and payment gateways, knowing that we offer the most current technology and implement the best fraud detection systems available. In the unlikely event that you run into technical trouble, our live customer support is available 24/7 to help you get back up and running quickly.

Contact Us For Your Merchant Account in USVI and Other US Territories.

Payment processing in the U.S. Virgin Islands may be different than in other parts of the United States, and fewer providers may offer merchant services in these territories, but that doesn’t mean you need to settle for expensive, unreliable, or obsolete services from a local bank that only focuses a fraction of its attention and resources on payment processing solutions. You need your customers to feel confident and secure in making their transactions with you, whether that means POS terminals with EMV chip readers and NFC payment options (Google Wallet and Apple Pay), or your customized business descriptor that appears on your customers’ credit card statements. Durango Merchant Services can provide your business with the tools necessary to inspire that confidence.