Myth 1 – “90 % of e-commerce is ‘high-risk,’ so I’m doomed from day one.”

It’s true: payment networks now classify nine out of ten online sellers as elevated-risk thanks to global fraud and friendly-fraud trends. Chargeback
What matters isn’t the label itself but how you respond. Provide clear KYC, fulfilment and refund policies, and you become an attractive client to specialist acquirers who build portfolios around your MCC.

Myth 2 – “High-risk means sky-high, non-negotiable fees.”

Standard businesses might pay 0.3 % above interchange, but high-risk merchants can face mark-ups as high as 1.5 % plus interchange. Virtina
Yet most of that spread is processor margin, not card-scheme cost. RPP runs interchange-plus pricing and reviews volume every quarter, so fast-growing merchants often see their effective rate drop below mainstream platforms after six months.

Myth 3 – “Once a bank rejects me, every processor will.”

Banks reject applications for reasons ranging from thin credit files to “prohibited” products. Independent payment providers partner with multiple acquiring banks and offshore rails, letting them route your traffic where it’s welcome.
If you can supply:

• Government ID + proof of address
• Last three months’ processing statements (or a business plan if new)
• Supplier invoices and fulfilment policy

…RPP can typically return approval within 24–72 hours.

Myth 4 – “Rolling reserves are carved in stone.”

Reserves protect acquirers from chargebacks during the 120-day liability window, but they’re not one-size-fits-all. Show low dispute ratios (< 0.9 %) and solid cash flow and you can negotiate either a declining reserve schedule or a lower percentage holdback after 90 days. Chargebacks911

Myth 5 – “Chargebacks will shut me down anyway.”

Chargebacks will drain $33.79 billion from e-commerce this year. Chargeflow
But 75 % are “friendly fraud” that can be intercepted before they formally file. RPP pipes Ethoca/Verifi alerts straight into your dashboard, giving you 24-48 hrs to issue a proactive refund and keep your ratio below Visa’s 0.9 % early-warning threshold. Chargebacks911

Myth 6 – “I need perfect personal credit.”

Underwriters look at business risk first: industry, fulfilment model, chargeback exposure. Personal credit only tips the scale when everything else is borderline. Transparent records and a responsive compliance attitude outweigh a less-than-stellar FICO.

Myth 7 – “Moving away from Stripe or Square is painful.”

Platform off-boarding is mostly paperwork:

1. Export your product SKUs, recurring-billing tokens and customer vault.
2. RPP’s onboarding team bulk-imports them into our secure token vault.
3. Point your cart or gateway to the new API endpoint. Average cut-over: under 30 minutes for WooCommerce, Shopify or Magento.