This flexibility enables high-risk merchants to cater to a wider customer base. A high risk merchant account is a type of credit card processing account that is designed for businesses that are considered to be high risk by financial institutions. com Difference: Tailored Solutions for High-Risk Businesses Enter high risk merchant Highriskpay. A high risk merchant processor highriskpay. com, their main consideration factors s are payment processing history and your industry reputation. com, such as their benefits, types, the application process, and much more. Highriskpay. Processing limitations describe the highest sales volume that a payment processor will let a merchant process in a certain period of time, typically monthly or annually. Easy integration – in cases where our customers want to switch their business to e. If you’re looking for a merchant account and have had trouble getting approved because you’re in the high-risk category, it’s a solid choice. They will guide you to the bank that best suits your business needs. They offer. Offcanvas Widget Search Switch color mode. The company specializes in creating customized payment processing solutions designed to meet the specific needs of each client. Our dedicated experts spend hours researching high. In these cases the application process may take slightly longer than. com refers to the use of a specific type of merchant account that’s designed to handle high-risk businesses and industries. We understand that it is hard for high-risk business accounts to be approved, unlike the other low-risk businesses. How to get started with high risk merchant highriskpay. Online gaming and gambling. With us, you do not have to pay high account fees as we know the challenges of running a business and are invested in being the partner you can count on for all your payment processing needs. Businesses who are considered to have a higher level of risk in their transactions may benefit from opening a high risk merchant account. I did business with this company I opened up a high risk merchant account and I was approved. The company specializes in creating customized payment processing solutions designed to meet the specific needs of each. sales@highriskpay. Company Type For Profit. I did business with this company I opened up a high risk merchant account and I was approved. Corepay. A high risk merchant highriskpay. Established in 1997, High Risk Merchant highriskpay. HighRiskPay is a reputable company that guarantees instant merchant account instant approval. High risk merchant highriskpay. But there is more to expect from. Easy Pay Direct: - Primary product is proprietary EPD gateway. Underwriting process: The payment processor conducts a thorough review of the business’s industry, financials, chargeback history, and other relevant factors to determine the risk level. Any. A high risk merchant is a type of business that is considered to be a greater risk for credit card processors and banks when it comes to chargebacks and fraud. This action leads to a chargeback. SEO Jerry Top 10 Menu Toggle. They keep that in mind when reviewing an application. com, work by allowing businesses in high-risk industries to accept credit and debit card payments. High Risk Pay offers merchant accounts to the e-commerce businesses that can’t open a credit card processing account with a low-risk provider. Even if your strategy is to refund disputes before they result in chargebacks, there’s still that additional cost in time and effort to manage the program. Some of the companies it works with are debt collection agencies, e-commerce companies, online pharmacies, firearms merchants and CBD and. A high-risk merchant highriskpay. Each provider and terminal will have different requirements. Listen let me tell you once you sign documents they will tell you that they are going to get back to you within 48 hours and at this point. Bad personal credit history is one of the most common reasons that traditional merchant account providers deny a merchant account application. A traditional processor may stop or cancel your account. These services include chargeback management, multi-currency support, and fraud protection. In the ever-evolving world of e-commerce and online businesses, the need for a reliable payment processing solution is paramount. com is provided by specialized payment processors that focus on underserved industries. High-Risk Merchant Processing. If you choose high risk payment processor highriskpay. Essential Things You Need To Know About A High Risk Merchant Account If you’re a high risk merchant, or you have been classified as such. For high risk payment processors, highriskpay. However, for certain industries, such as e-commerce, gaming, or travel, operating under. High-risk international merchant is a term that is made from the two terms “high-risk and international merchant account. com. June 27, 2023. These businesses often operate in industries associated with high chargeback rates, potential fraud, and legal or regulatory issues. We help you tune the service to work with your business model. Because of the increased risk, traditional banks and payment processors. Navigating. Are you looking for the top high-risk merchant highriskpay. 55% for swiped transactions. com is the leading provider of high-risk merchant services in the United States. High -risk traders accounts highriskpay. High risk payment processors offer a range of services tailored to the needs of high risk merchants. -Accepting credit card. Highriskpay. High risk businesses include those selling products or services related to: CBD and hemp products. Adept Payments offers high-risk merchant accounts as well as accounts for low- and mid-risk merchants. Get high-tech tools like transaction routing, chargeback mitigation, decline recovery. A competitive payment processing fee for a standard retail small-business account might be 2. These types of businesses and others like them have to use a high risk bad credit merchant account to process credit cards. High-Risk ACH Processing; Chargeback Prevention Program; High Risk Merchant Account Instant Approval; About us;. If you use a continuity subscription merchant solution like High Risk Pay, you will be able to enjoy benefits such as payment processing services, chargeback prevention, and next-day funding. Accredited Since: The Role of highriskpay. We specialize in providing merchant account and high-risk merchant accounts. Higher payment processing fees. Our commitment to beating competitor rates, dedicated customer service, and thorough rate review. These processors have relationships with banks and other financial institutions willing to work with risky merchants. com is a payment processing solution designed for business owners who have been denied by traditional merchant account providers, specifically industries with higher risks of chargebacks, fraud, or high volumes of returns. With its bespoke approach to credit card processing, Corepay can offer specialized services to many high-risk businesses that might otherwise struggle to get approved for an account at all. HighRiskPay is a reputable company that guarantees instant merchant account instant approval. For this reason, high -risk accounts require a unique personal identification number, which is also referred to as a secret. Higher Fees: As a high risk merchant, you may be charged higher fees than a merchant in a lower-risk category. Security: We have a PCI-Level 1 secure payment gateway that is monitored around the clock and regularly tested for security issues; Waived application, set up, and annual fees; 24/7 customer serviceSince its founding in 1997, High Risk Pay has become one of the industry’s firms with the most rapid expansion. HighRiskPay. Searchhigh-risk merchant highriskpay. Personalization and quality can boost profits and protect your firm. I took the account and processed $15, 000 my 1st day. A high-risk payment gateway, provided by your merchant service provider, is a system that’s created to allow you to take transactional information and pass it on to acquiring banks while receiving responses from issuing banks. com account is a form of a business bank account set up by a payment processor that enables merchants to accept credit and debit cards for their business . National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. The digital period, nevertheless, has made getting payments more complicated yet also more effective and reliable, especially for holders of high-risk merchant accounts. As mentioned, as a high-risk merchant, it’s critical that your payment processor is equipped to handle high-risk transactions. Skip to content. Benefit from our expertise and elevate your payment processing game. Benefits of Using HighRiskPay. Even if your strategy is to refund disputes before they result in chargebacks, there’s still that additional cost in time and effort to manage the program. Fintech. Merchant Credit Card Processing Services. While it may come with additional fees and requirements compared to standard payment processing,. 2. com is a specialized payment processing account designed to meet the needs of businesses that face a higher risk of chargebacks, fraud, or industry-related. When you refer us to customers you automatically earn $55 of each qualified sale. Accept all major credit cards including Visa, MasterCard, American Express, Discover, JCB, and Diners Club. Business without a payment processor is on the verge of decline from the market. com specialize in providing merchant accounts to High Risk Merchant Account at Highriskpay. com, high-risk merchants can access the tools and resources they need. For small-business owners in search of a payment processor that offers high-risk merchant accounts, NerdWallet has compiled a list of the best payment. HighRiskPay. Com Accounts. We specialize in providing offshore merchant account and high risk merchant accounts. net, give you access to information regarding your new account. Our objective is to give customers the satisfaction and be a reliable provider. The CBD payment processor highriskpay. Some industries, due to various factors such as high chargeback rates or regulatory scrutiny,. With over 25 years of experience, HighRiskPay. They have had to use either direct providers, horizontal industry gateways that have been open to serving high-risk merchants and high-risk specific gateways (e. The company was founded in 2017 by a group of industry experts who recognized the need for a payment processor that caters to high-risk merchants. com has been catering to its clients’ varying requirements since 2017. Actum Processing offers processing for high-risk merchant accounts as well as businesses with a lower level of risk. A. HighRiskPay. Reliable solutions for seamless transactions in challenging industries. Average of over $500 credit card transactions. It also keeps merchant customers. 95% + 15¢ if high risk. Some of their services are listed below: 1. This system includes both credit and debit card clearance. com accounts are established specifically for high-risk businesses to accept payments. If you're in search of a dependable and cost-effective merchant account provider catering to high-risk businesses, highriskpay. com payment processor is a specialised service designed for businesses operating in industries and never mind to consider high risk payment processor highriskpay. In addition to gaming companies, these categories also include drugstores, pharmacies, and much more. By serving African, European, and Asian countries, the processor earned the recognition of high risk merchants who seek variable payment methods – PaySpace offers at least a hundred of them. Some businesses are considered speculative and banks do not allow transactions for them. If you are looking for a high risk merchant account processor, look for a company that does not limit your access to funds. Our CBD payment processing and account opening services provides you with the following: High-Risk availability- HighRiskPay can work with your risky transactions and you can worry about getting more customers and not on the transactions. High-risk merchant accounts ensure they can continue to operate. It offers the lowest monthly pricing we’ve come across so far at $13. Our low rates make it easier for. ur objective is to give customers the full satisfaction and be a reliable provider. At Highriskpay. Feb 11, 2022 #1. With their specialized solutions, high-risk merchants can overcome the challenges associated with payment processing and focus on growing their business. High risk merchant services refer to the financial solutions designed specifically for businesses operating in industries considered to have a higher risk of chargebacks, fraud, and other financial liabilities. com can help: Payment Processing: HighRiskPay. Every payment processor has unique requirements known as a. com. HighRiskPay. (615) 476-0255. You can work with companies like High-Risk Pay who specialize in working with high-risk businesses. com comes in. Bad credit isn’t a problem; we can approve your business for credit card processing regardless of your credit history. In addition to providing extra flexibility with the use of your. They link merchant accounts with trusted credit card processing solutions through banks by using a wide range of national networks. This type of merchant is considered high-risk because of its susceptibility to. The Problems For High-Risk Merchants. Let’s get one thing straight, being considered a high-risk merchant (or what we like to refer to as higher risk) isn’t always a bad thing. business checking account since credit card payments are deposited directly into it through ACH. This article explains why a merchant account should be classified as. The good news is that high-risk merchant account providers like High Risk Pay know startups are unpredictable. com is a website that provides high risk merchant services. Your merchant account allows you to accept credit cards in the first place. Fill out an application: 4. Business Viability: Without a reliable payment processing solution, high-risk businesses may struggle to survive in a competitive market. Credit Card Merchant Services in Ladera Ranch, CA. com; 27702 Crown Valley. com, their main consideration factors s are payment processing history and your industry reputation. This company gives the facility of many users to make a merchant account for their various purposes. Yet, due to the still-lingering stigma of these transactions, few companies are willing to take on the inherent risk associated with them – fraud and chargebacks. The High Risk Payment Gateway for WooCommerce plugin adds Cardpay Solutions as a payment method to your WooCommerce store. 27702 Crown Valley Pkwy Ste D4-120, Ladera Ranch, CA 92694-0608. For high risk payment processors, highriskpay. Our dedicated experts spend hours researching. HighRiskPay. com Img Credit –Highriskpay. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. High-Risk Merchants. Ticket sales transactions typically happen through an online gateway with a credit card. We have a. Toggle navigation. Because the CBD industry is relatively new, it may be prone to fraudulent business activities and frequent chargebacks. The system reads and transfers the payment information into your merchant bank account within seconds. 6% + 15¢ if medium risk, and 3. A Customized Approach to High-Risk Merchant Accounts. Average of over $500 credit card transactions. We can offer credit repair payment processing options and merchant accounts for your business, helping. That statement may be the bottom line for any high-risk merchant or bad credit merchant who need credit card processing. Gather your business documentation: 3. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. S. Unlike banks and other merchant service providers, we cater specifically to high-risk businesses to deliver incredible service for an unbeatable price. com. Here is an outline of the overall features of high risk merchant. HighRiskPay. If you're running a business that falls into the high-risk category, you know how tough it can be to secure a payment processor that suits your needs. - Provides full service merchant accounts for high risk and non-high risk merchants. com. . High-risk industries are typically defined as businesses that are considered to pose a higher risk of chargebacks, fraud, or other types of financial losses to merchant services providers and processors. com: The Solution for High-Risk Merchants. S. I spoke to Ami (no last name on his email). We deal with many Offshore and High Risk merchant accounts. 27702 Crown Valley Pkwy Suite D4-120, Ladera Ranch California 92694, USA. BankCard USA Review. 49% to 3. High Risk Merchant Accounts, Food delivery is a subscription-based business because restaurant owners will pay monthly or annual fees. Soar Payments is another high-risk merchant account solution with a longer contract term, two years, and a $495 cancellation fee. Dropshipping is considered a high-risk business for credit card and payment processors, so you should consider opening a merchant account specializing in the dropshipping industry. com is one of the leading High Risk Merchant Account providers of credit card processing & payment. S. Here at Zen Payments, we believe that good merchants should be able to process payments and secure a merchant account, regardless of industry. 25 for each transaction, and a $10 monthly gateway fee is further charged. High -risk traders accounts highriskpay. Our CBD payment processing and account opening services provides you with the following: High-Risk availability- HighRiskPay can work with your risky. Becoming an Affiliate is easy with us, and it is free to join. Looking for a Continuity Subscription Merchant Account ? High Risk Merchant Account & Payment Gateway Provider⚡ Instant Approval Contact us ☎ (800) 956-1277. Although obtaining such an account can be difficult and has disadvantages, it can provide a lifeline for such businesses. Indeed, customers like the safety and ease of using a credit card both online and for purchases over the phone. The website also offers a variety of other services such as credit card processing, check processing, and ACH processing. After the customer has entered all of their credit card information on your website, it will be authorized. com, you must first complete an online application form. Choosing a High Risk Payment Processor. TL;DR: A high-risk merchant account is a service that processors offer so that entities in fraud or chargeback-prone industries can accept card payments. Whether you're in online gambling, adult entertainment, or another high-risk industry, we've got you covered. Application: The business applies for a high-risk merchant account with a specialized payment processor that specializes in high-risk businesses. High-risk credit card processing highriskpay. We know what it takes for you to succeed. When deciding on a high-risk payment processing partner, make sure that you compare services offered instead of just rates. com, your trusted co-captain in the high-risk e-commerce voyage. For businesses in this position, the arrival of HighRiskPay. . Once you have an ecommerce merchant account and access to a virtual terminal, you’ll need to gather the appropriate credit card information to accept card payments. To understand this term, we need to look at it as two different terms. The plugin allows your logged. com; highriskpay. This can include businesses in industries such as adult entertainment, gambling, and CBD oil, as well as businesses with a history of high chargeback rates or other financial issues. High-Risk ACH Processing – No matter if. com account, which is a form of a business bank account set up by a payment processor, even if they have been labeled as high-risk by a previous processor or payment service provider. (800) 956-1277; sale[email protected]. As such, be extra sure that you want to work with them before opening an account. Account funding, stored-value card purchases, and prepaid loans (non-financial institution) 6540. Some common types of high-risk industries include: Adult entertainment. The acceptance of credit cards. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and High Risk Merchants. Average sales volume of over $20,000 monthly. These industries include travel and tourism, online gaming, adult entertainment, and e-commerce among others. com has established itself as a reputable and reliable payment. High Risk Merchant highriskpay. Post Date 23 hours ago. 95% plus 25 cents and varies with the use of cards and transaction type. com is a type of merchant account that is designed for companies that are taken into. National Processing: Best For Clover Processing Hardware. We understand that it is hard for high-risk business accounts to be approved, unlike the other low-risk businesses. With a merchant account from High Risk Pay, you can accept both credit and debit card payments, prevent chargebacks, and limit fraud cases in your business. Of course, you will never be able to fully prevent fraud and chargebacks, but. Your Highriskpay. March 17, 2021. 27702 Crown Valley Pkwy Ste D4-120. A monthly gateway fee of $10 also applies. With our merchant acquiring services, proprietary gateway, ACH processing, fraud & chargeback tools, analytics, and other value-add services, we offer a true all-in-one solution geared for sales organizations, such as ISVs, developers, ISOs, and agents looking to generate payments revenue in a scalable method with no investment or risk burden. Picture this: just as a lighthouse guides ships through treacherous waters, highriskpay. High-Risk ACH Processing; Chargeback Prevention Program;The main reason is that many payment processors and banks consider nutraceutical companies high-risk merchants. Having a high-risk merchant account allows you to accept credit card payments securely, mitigate fraud risks, and ensure compliance with. com as they ensure the smooth process of electronic check processing. We bundle all services, making sure we are one stop shop all while offering clients the best rates in the business. bonox Corporate Services. Within 24-48 hours, the money received from. com: High-risk merchants can accept credit and debit cards through a highriskpay. A high-risk merchant highriskpay. North American Bancard does not disclose its full range of processing rates. This being the case, it’s wise to choose a merchant account provider that has extensive. 3. Best for online CBD and high approval rate: eMerchantBroker. Additionally, to be eligible for a high-volume merchant account, you must also be able to provide proof that your business processes $100,000 in transactions each month. Without a high-risk merchant account, ecommerce businesses eventually may face the risk of. com account is a form of a business bank account set up by a payment processor that enables merchants to accept credit and debit cards for their business. com: An immoderate chance provider issuer account is a type of charge processing account for unique corporations. These businesses often face a higher likelihood of chargebacks, fraud, or regulatory challenges. com. A High-Risk Merchant Highriskpay. In today’s digital age, businesses rely heavily on online payment processing to facilitate transactions with customers. 2. ur objective is to give customers the full satisfaction and be a reliable provider. While the items offered and services provided are completely legal, these items feature a greater risk of. However, with excessive chargebacks, you can face account termination and be viewed by banks as high-risk. One type of high-risk merchant. com can offer you instant approval, competitive rates, 99% approval rate, fast approval, and specialized services for high risk businesses. By partnering with a high risk payment processor, businesses can mitigate the risks associated with their industry and enhance the security. High-Risk Industries High-risk industries are those that have been labeled high risk due to the likelihood of transactions falling through, credit card fraud, or other potential issues. While the items offered and services offered are completely legal, these products come with a higher risk of theft. We can help your business accept payments regardless of your credit standing. It is much quicker than manual processing! The connected payment processor sends the transaction request to the payment gateway automatically within seconds. While the industry standard for high-risk payment processing is four days from the date of the transaction to the time of the deposit, electronic funds transfer processed by High Risk Pay will typically reach your account in 24–48 hours. Our CBD payment processing and account opening services provides you with the following: High-Risk availability- HighRiskPay can work with your risky transactions and you can worry about getting more customers and not on the transactions. High Risk Merchant Account HighRiskPay. In an era where digital commerce is on the rise, high-risk merchants deserve a payment processing partner that understands their unique challenges and supports their growth. Skip to content. Don't let payment processing be a. Therefore, if you plan to sell tickets on. While getting a merchant account for your business may seem difficult, it doesn’t have to be. This is because your account is considered to be a higher risk for chargebacks and fraud. High Risk Pay can provide firearm merchant processing services and payment gateways to a wide range of gun-related businesses. Unlock success for your business with High Risk Merchant Highriskpay. High Risk Processing Merchant Cash Advance Multi-Currency Processing Payment. Whether you have bad credit, chargeback issues, or unique products, you can accept credit cards and ACH/eChecks with High Risk Pay. 5% to 1% higher than low-risk processing rates, which end up ranging anywhere from 3. Payment processors may impose lower processing limitations in. When a merchant or payment processor receives a Merchant Override, it means the payment is declined by the payment network, even if it would otherwise be permitted based on the MCC code. High-risk industries are typically defined as businesses that are considered to pose a higher risk of chargebacks, fraud, or other types of financial losses to merchant services providers and processors. A high-risk merchant highriskpay. Property management companies processing monthly rental payments. Banks don’t want to take the risk with businesses operating on a subscription model. com streamlines this, ensuring that businesses can start accepting. Due to the high-risk nature of these industries, many payment. Highriskpay. Payment processors may charge higher fees to process payments due to the increased risk associated with high-risk businesses. Ladera Ranch, CA 92694-0608The Role of highriskpay. In addition to the security provided by a high -risk trader account, they can be canceled if a large amount of payment is recorded. com, you should contact their advisors. The ability to access funds quickly is crucial when closing a large client sale. The digital period, nevertheless, has made getting payments more complex yet also more effective and reliable, specifically for holders of high-risk merchant accounts. HighRiskPay. When it comes to maintaining and obtaining payment processing services, these merchants often face. Luckily, companies like High Risk Pay can help set you up with a high-risk high volume merchant account so that you can continue to grow your business. They have approved my. 2. Our fees are 25% lower. com can offer you instant approval, competitive rates, 99% approval rate, fast approval, and specialized services for high risk businesses. Because the CBD industry is relatively new, it may be prone to fraudulent business activities and frequent chargebacks. High risk merchant services refer to the financial solutions designed specifically for businesses operating in industries considered to have a higher risk of chargebacks, fraud, and other financial liabilities. In this discussion we will focus primarily on high risk payment gateways and more specifically high risk credit card processing. com account is a form of a business bank account set up by a payment processor that enables merchants to accept credit and debit cards for their business. We offer high risk merchant accounts to all business types in high risk categories. A lot of transactions: A merchant is called a high-risk merchant by highriskpay. A high risk merchant account is where your business requires card processing facilities in a sector that presents a high than usual risk potential. 95% plus $0. Jun 21, 2018 8:38 am EDT. As a result, high-risk merchants need payment. com; highriskpay. com: Get. Termination of Your Merchant Account. 2. At last, we also learn some benefits and drawbacks of using a high. Traditional banks and payment processors tend to shy away from such. Menu. Subscription-based companies that ship. We already provide services to ticket brokers, and we have extensive experience in this high-risk industry. These services include merchant account setup, merchant account management, and merchant account funding. Online gaming and gambling. Payment Processing Solution – A payment processing solution is any mechanism that allows a card-carrying consumer to pay a merchant or retailer for a product or service. Some aspects shape a business into a high-risk category. X. Payline Data: Best overall high-risk payment processor. 2. Your payment service providers will impose a fee when you use your merchant account, accept credit card payments, or agree to pay from your debit cards. com Enter highriskpay. Opening up a merchant account and using a payment gateway for nonprofit organizations enables donors to make these payments online with their credit cards. He told me I was approved for unlimited processing. Unlike most high-risk merchant account providers, we offer competitive pricing for our payment processing solutions.