Opertaion Choke Point is a new initiative by the US Government to uncover and literally choke the financial life out of questionable businesses that have been known to engage in fraudulent or morally reprehensible services that could be legal fronts for an illegal operation. Many payment processors have been held accountable for processing credit card payments and offering merchant account services to illegal operations. In the past, payment processors or banks would not be held accountable for turning a blind eye to questionable business practices or high levels of chargeback activity. With Operation Choke Point in affect this is all about to change!
Bravertek does not condone illegal activities in any way and we would never knowingly help a fraudulent applicant obtain business financial services! Before we submit any merchant application to a payment processor we do our own 10 point examination to make sure that no red flags come up and that the business has a good online history with no signs of fraudulent activity or excessive complaints. This is for our organizational protection and reputation as well as the protection of consumers and our payment processing partners. We don't want to deal with any business that hops from one processor to the next as well as businesses with excessively high levels of chargeback activity. It's not only a waste of our time to deal with these applicants, it actually endangers consumers and our processing partners!
On the other hand, although Operation Choke Point has hindered many businesses Bravertek understands that many honest businesses do exist in high risk industries and are feeling the pressure from this new initiative. Only a small percentage of high risk merchants take part in shady criminal activities. At Bravertek all applicants are considered and we promise to give you an honest and fair chance to get a merchant account regardless of what industry you operate in.