Payment Processor Business Vertical Classification (What It Is, Why It Matters, and How to Get It Right)

Payment processor classification showing different business verticals like e-commerce, SaaS, healthcare, gaming, and travel

A payment processor often feels like a simple utility — until it suddenly says “no.” One day, a business opens an account; the next, payouts are held, fees increase, or the application is rejected. Much of this comes down to payment processor business vertical classification, the behind-the-scenes label providers assign to describe what a merchant … Read more