Auto Warranties

April 27, 2021

Don’t drive yourself to the point of no return trying to get approved in the Auto Warranties industry. This complex business is composed of high ticket transactions and complicated regulations not always understood entirely by the customer. A warranty is not a shield from any situation regarding your vehicle, although this is how many customers view the policy. When something goes wrong and the news is given that their part or repair is not covered under the warranty, chargebacks occur.

With more drivers on the roads than ever with each passing year, we must be prepared for the worst. A car hit in a parking lot is the least of your concerns. If a natural disaster strikes and hundreds of car owners vehicles are impacted, you’ve got an overwhelming number of claims to handle. This can easily bankrupt a payment provider with such a number of high costs in the mix. Due to potential threat to the processing company, the Auto Warranties industry is categorized as high risk.

Choose a payment processor that is built to handle high ticket claims and potential chargebacks. High Risk Payment Pros make it simple to get approved and accepting payments stress free. Don’t find yourself stuck getting denied by the banks for weeks, get right to the action by choosing the right processor for the job.