If large numbers of warrantied products break, your company won’t be able to turn a profit. As a warranty provider, your revenue comes from a large number of small transactions rather than a few large ones, opening up more opportunities for fraud. The amount of risk inherent in the industry can make it difficult to set up a merchant account with traditional payment processors.
The warranty business model works because there are plenty of opportunities for profit. Onncore is the payment processing solution that's willing to stand by your company and help manage the risks of the industry.