High Ticket Definition

Merchant Account High Ticket Explained:

What is a High Ticket? A high ticket is the highest dollar amount that a merchant expects to charge in a single transaction. This figure can be based on the merchant’s transaction history or a prediction of what the merchant expects. In the credit card processing industry, a merchant’s “High Ticket” is a question found in most merchant account applications.

It is important to estimate the high ticket correctly because the processor will set this number as a limit to the merchant’s highest allowable charge in one sale. If a merchant attempts to charge a sale that exceeds the high-ticket limit, the transaction may be held for investigation or denied altogether. It is often wise to estimate the high ticket slightly above what is expected. Merchants that predict having high tickets above $5,000 may be required to supply additional documentation showing financial stability and a history of high dollar transactions.

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Why I'm Qualified to Write About Credit Card Processing and Merchant Account Services

I'm a former credit card processing sales director who left the industry because I didn't like how it takes advantage of small business owners. It feeds like a leech on businesses and thrives by imposing fees that are nearly impossible to comprehend. Seeing a need for change, I left and built this website help business owners better understand the industry, research merchant services providers, and get refunds of excessive merchant account fees. My experience of working "behind the curtain" in the industry, and using that knowledge for good, has resulted in millions of dollars returned to hard-working small business owners as well as enterprise-level companies.

From the time that I starting working in the merchant services industry to when I left to create this website, I've been on the pulse of payments for nearly 15 years. It didn't seem fair to keep this "insider" knowledge to myself. To lift the fog, I've reviewed hundreds of companies, read thousands of user reviews, and learned the pricing tricks of every provider. If you have questions about credit card processing, you can find the answers on this website.

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I specialize in helping businesses get refunds of excessive fees and have recovered $1,567,184 this year alone! Submit a recent statement below to find out if you are getting overcharged. I'll take a look at it for free. If I find fees that can be refunded, hire me on contigency. I only get compensated if I put money back into your pocket.

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