High ticket items come with high risk, which can make choosing a merchant account quite difficult. Coaching can have a higher price tag attached to it than most payment processors are willing to work with. Federal banks are going to be out of the picture, will you will a payment processor built for this industry.
High Risk Payment Pros have the tools and skills your business needs in order to ensure it runs at the upmost efficiency and profitability. Chargebacks of high ticket items run the risk of shutting down all your operations in a heartbeat. The average ticket cost is around $10,000 and the chargeback limit on your account will be close to $20,000. This only leaves flexibility for two chargebacks before obstacles are encountered.
Your chargeback threshold can make or break your High Ticket Coaching business. Choose a payment processor that can help avoid the dangers associated with the field.