Mar 26, 2026

MCC 7011: Hotels & Lodging (Description and Payment Processing Impact)

The United States hotel market size is estimated at $263.21 billion. Most of these companies will be assigned merchant category code (MCC) 7011. Because hospitality transactions involve cancellations, advance bookings, incremental adjustments, and no-show charges, they require specific types of payment processing services. The MCC 7011 (hotels) classification has a direct impact on interchange rates, […]

Latest Posts

Apr 15, 2025

The Harsh Reality: What Happens If You Lose a Chargeback

Running a business is full of challenges. Throughout just one day there are many twists and turns that can happen, some creating opportunities, some causing problems. As a high-risk business, you’re probably painfully aware of chargebacks. In fact, most businesses are; according to studies, there were 238 million chargebacks in 2023 alone, and chargebacks related […]

Apr 15, 2025

25 High-Risk Industries According to Banks: A Comprehensive Guide

It’s easy to assume that banking services are out there for everyone. That it’s an inclusive service that serves the greater good. While in most cases that’s true, there are some industries which find it difficult to access traditional banking services, making their business operations tricky, to say the least.  However, this isn’t just because […]

Apr 15, 2025

23+ Square Restricted Businesses You Need to Know About

Being paid for your goods and services should be as easy as A,B,C. Well, in theory, that’s the idea. Yet, in reality, many businesses face payment processing issues that cause delays, blocks, and restrictions, adding extra complexity to a process that should be relatively simple.  The reason? The high-risk label.  If you’re a high-risk business, […]

Apr 11, 2025

25 PayPal Restricted Businesses You Need to Know About

Everyone knows the name PayPal. It’s a global entity that has almost become a household name. So, with that in mind, you’d assume that it does everything you ask of it with no problems. If you think that, you’d be incorrect.  PayPal had 434 million active users in December 2024, so we’re talking about a […]

Apr 11, 2025

Mastering 3D Secure Payment Gateways: A Comprehensive Guide

In the digital age, online safety is more important than ever before. Of course, we know about using a VPN, not giving out information willingly, and never sharing passwords, but what about payment security? That’s where 3D secure comes in.  When paying for goods and services online, the 3D secure payment gateway becomes an invaluable […]

Apr 11, 2025

21+ Stripe Restricted Businesses You Need to Know About

Running a business brings many challenges. From attempting to outdo your competitors to identifying new market opportunities, there are countless things to think about. With that in mind, payment processing issues aren’t something you really want to over-complicate matters. After all, you have enough problems.  Despite that, a huge number of businesses, and even entire […]

shape