My Payment Hero offers credit card processing solutions for clothing and apparel stores.

Why We Proudly Offer Solutions for Apparel Industry Businesses (Even When Many Processors Don’t)

Many merchant services companies do not work with apparel industry businesses, for three primary reasons:

1. Many clothing and apparel businesses sell their goods primarily through Internet distribution. Internet sales are often perceived as “high risk” within the merchant services industry because the card and cardholder are not present.
2. Many clothing and apparel businesses have a moderately high chargeback rate, due to the high incidence of returns, exchanges, and sizing-related customer service issues within this retail sector.
3. A few “bad apple e-retailers” within this sector have given the industry a bit of a black eye (in the context of merchant services).

Due to these three risks, many merchant services providers decline to accept any clothing and apparel business, whether they operate as an online store, a physical retailer, or even a manufacturer, wholesaler, or distributor.

My Payment Hero, by contrast, has consistently offered solutions for the clothing and apparel industry since our founding. Our extensive relationships with credit card processors and sponsor banks who have the capability to underwrite regulated industries, in addition to our integration of chargeback and fraud prevention software, uniquely positions Soar Payments to provide retail, e-tail, and wholesale clothing businesses with stable, effective, long term credit card processing solutions.