How High Times Overcame Low Times With Zenti’s Help.
High Times faced merchant account and payment challenges due to their world-renowned cannabis content.
Overview
WHY HIGH-RISK? | THE PROBLEM |
|---|---|
High Times face high-risk classification due to their cannabis-related content. | Frequent chargebacks and multiple merchant account closures plagued High Times. |
ZENTI APPROVED | WINNING OUTCOME |
|---|---|
Zenti provided a high-risk merchant account and thorough pre-vetting, matching High Times with the right product for reliable payment processing. | High Times now accepts payments confidently and continues to grow their business as a longstanding client of Zenti. |
Meet High Times: The Pioneers of Cannabis Culture
High Risk
Navigating the Challenges of Cannabis Content
High Times faced high-risk classification due to their cannabis-related content. This industry is often subject to regulatory scrutiny and financial risk, making it difficult for businesses to secure reliable payment processing solutions. Despite not selling cannabis products directly, the association with the cannabis industry posed significant challenges for High Times in maintaining stable merchant accounts.
The Problem
Chargebacks and Account Closures
High Times faced high-risk classification due to their cannabis-related content. This industry is often subject to regulatory scrutiny and financial risk, making it difficult for businesses to secure reliable payment processing solutions. Despite not selling cannabis products directly, the association with the cannabis industry posed significant challenges for High Times in maintaining stable merchant accounts.
Zenti Approved
Approved, with the right product
Zenti stepped in to provide a high-risk merchant account and thorough pre-vetting. By deeply understanding High Times’ business model and transaction nature, Zenti was able to match them with the right product for reliable payment processing. This involved detailed documentation and effective communication with underwriters to mitigate perceived risks and ensure a stable payment processing environment.
Outcome
Confident Payments and Business Growth
With Zenti’s support, High Times now accepts payments confidently and continues to grow their business. The tailored solution provided by Zenti not only stabilized their payment processing but also instilled confidence in their financial operations. As a longstanding client, High Times has experienced consistent, reliable payment processing, allowing them to focus on expanding their influence and reach within the cannabis content industry.