Of course, you will never be able to fully prevent fraud and chargebacks, but. Fast approval in 24-48 hours. Merchants across the U. For those resellers that can refer us more then 5 merchants per month please call us directly at: 800-956-1277 # 102. com which will enable transactions related to CBD. Intro:In the rapidly evolving landscape of e-commerce, businesses often find themselves confronted with numerous challenges. The Definitive Guide 2023. In addition to providing extra flexibility with the use of your. However, for a high-risk merchant account, this could go up to 1. com; highriskpay. A transaction fee of $0. There are many other businesses classified as moderate risk. A transactional value of at least $20,000/month, or a minimum of $500 per transaction, considers businesses as high-risk merchants. com if they do at least $20,000 transactions per month or more than $500 per transaction. Durango Merchant Services: Best for highest-risk businesses. The application process can take a few days, so you won’t be able to accept payments immediately. com account is a type of merchant account made for businesses in areas where there is a higher chance of chargebacks, fraud, or other problems that could lead to a higher number of complaints or rejected transactions. My Company High Risk Pay (“us”, “we”, or “our”) operates (the “Site”). . 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. High risk businesses include those selling products or services related to: CBD and hemp products. After the customer has entered all of their credit card information on your website, it will be authorized. highriskpay. Com. Please provide us with the information requested below to the best of your knowledge, fields that you don’t know. com is a leading High Risk Merchant Accounts provider of payment gateways & credit card processing to businesses with bad credit. Due to the high-risk nature of these industries, many payment. 148 likes. As such, whether you run a CBD business, debt collection agency, online dating platform, e-commerce business, or enterprise that sells adult products, we have you covered. 2. FREE Cost Comparison. Headquarters Regions Greater Los Angeles Area, West Coast, Western US. Indeed, customers like the safety and ease of using a credit card both online and for purchases over the phone. com is one of the high risk payment processors specializing in providing payment processing solutions to high risk categories. Unfortunately, obtaining a merchant account from your local bank if you have this type of business. High Approval Rates. high risk payment processor highriskpay. Each payment gateway has inherent risks, costs, liquidity constraints and accessibility hurdles for the customer, merchant and transaction processor. On top of annoying you with a lengthier application process, being labelled high risk by your processor also comes with potential financial repercussions. Contents Despite being classified as a high-risk business by a previous processor or payment service provider, a high risk merchant highriskpay. A high risk merchant account allows businesses classified as high risk to accept credit card payments like any other business. UX case study for High Risk Pay. Our company understands that there many processes that have to be followed for your account to be approved such as the search on your. That’s an annual income of $14,040 – just barely above the federal poverty level of $11,880. com is committed to transparency in its fee structure. Of course, you will never be able to fully prevent fraud and chargebacks, but. Whether you run a small startup or manage a large corporation, our comprehensive solutions cater to businesses of all sizes and industries. A high-risk merchant account is a type of payment processing account for businesses that is considered high-risk by banks. 2. Nov 15, 2023 aaronaddams. 1. On top of annoying you with a lengthier application process, being labelled high risk by your processor also comes with potential financial repercussions. Unlike traditional processors, they are more willing. You won't encounter hidden charges or surprises, ensuring that you can effectively budget for your payment. 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. A high risk merchant processor highriskpay. 1. Being able to accept credit card payments on mobile is a great way for your small business to make sales at events and in-store. Tiered pricing usually offered to bad credit merchants. Businesses in high-risk industries should pay particular attention to the value offered by ACH processing. com industries. Learn more about High Risk Merchant Account. com. High Risk Pay. Many industries are prone to getting chargebacks. Additionally, the business provides its merchants with chargeback protection and recurring billing services. Partnering with HighRiskPay. Nunc tristique quam eros, non tincidunt augue tincidunt et. 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. High-risk merchants, in particular, encounter obstacles due to increased risks associated with their industry or business model. 50. A high-risk merchant account means the payment processor has put your business at greater risk of chargebacks or fraud. Dharma’s monthly fee is $20 per month. While getting a merchant account for your business may seem difficult, it doesn’t have to be. A high risk merchant account is a type of merchant account that helps protect you from chargebacks and fraud. Adult Merchant Account; Bad credit Merchant Account; CBD Merchant Account Highriskpay. Higher chargeback fees for every chargeback. A High-Risk Merchant Highriskpay. com is one of the most trusted and experienced high risk merchant service providers in the industry. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. Highriskpay. Processing. Merchants with recurring annual or monthly fees. You might get a rate of about 0. This means that merchants in high-risk industries have a better chance of getting approved for an account. Payment Service Provider. Keeping your utilization rate low will help you boost your credit each month. The Problems For High-Risk Merchants. One example of a possible chargeback situation in a travel agency is if a customer books an international travel tour one year in advance, and is charged upfront for the costs through a credit card. In order to do so, you’ll need to send forms and financial information to the merchant service provider. Putting together a High Risk Merchant Account. We would like to show you a description here but the site won’t allow us. Our unique product suite opens opportunities with all types of merchants. Address. Whether your credit repair business is operated through an eCommerce platform or a brick and mortar establishment, you need to secure a high risk merchant credit repair account to accept and process debit and credit card transactions for your services. Fortunately, High Risk Merchant Account at Highriskpay. 3. Apply Today. Here are some of the reasons why: – Have over 10 years of experience working with high risk businesses. Merchant Services Provider : High Risk Merchant Account & Payment Gateway⚡ Instant Approval Contact us ☎(800) 956-1277Hence technology is a crucial factor while getting a merchant account. - Advertisement -. . Businesses, especially high-risk ones, face unique challenges when it comes to handling transactions securely. 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. MenuA list of all pages and merchant account articles from HighRiskPay. Nunc tristique quam eros, non tincidunt augue tincidunt et. A transaction fee of $0. The website is designed for people who are looking for an alternative to traditional banking methods. Overall, eMerchantBroker gets a score of 4 out of 5 stars. The company doesn’t run a credit check, has great customer service, and includes advanced. Type – Private. Traditional payment processors often shy away from working with high-risk merchants due to the increased risk of chargebacks and fraud. Sector. 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. In the ever-evolving landscape of e-commerce, payment processing plays a pivotal role. A high risk merchant account with Highriskpay. 2. 95% plus 25 cents and varies with the use of cards and transaction type. At the beginning of 2017, Social Security paid an average monthly disability benefit of $1,170. com — Best for any high-risk business, with a 99%. Next is your business, or the merchant. com also allows merchants to have access to multiple merchant processors, giving them more options for payment processing solutions. ”. Conclusion. com would consider a seller/business owner to be a high-risk merchant. High-volume Transactions: Merchants are considered to be high-risk when they have a large. If you need to process in a foreign currency, our gateway is what will make the connection between you and your international merchant account to allow for prompt credit card processing. . 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. A high-risk merchant account can provide the same types of services as low-risk providers. Greater Scrutiny:Popular Searches High Risk Pay HighRiskPay. Summary: Although CBD was completely legalized in 2018 with the U. Although previously classified as high risk business by issuers or service provider, the highriskpay. 25 transaction fee. Electronic checks also process quickly. One of the sites is CBD payment processor highriskpay. Payment companies are responsible for protecting the system from bad actors. Introduction. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. As a result, high-risk merchants need payment. 2. We’re more than just a merchant service provider — we’re your partner in high-risk merchant account consulting, both domestically and internationally. High-Risk ACH Processing – No matter if your business falls under High risk, it offers ACH processing. HighRiskPay. Stay away from them! R. com High-Risk Credit Card ProcessingDid you even consider why high-risk businesses need a high-risk merchant account rather than a traditional one? The simple answer is high-risk merchant account allows to acceptance of credit and. com is a high-risk gateway solution, especially for adult-themed businesses. Accounts can be approved in as little as 24 to 48 hours. High Risk Pay. BUBusiness Upside. Before applying for a merchant account, remove any previous bankruptcies, delayed payments, or liens from your credit file. Com. A 99% approval rate means that your unique business is almost guaranteed approval and that you can begin. Merchant Services Provider : High Risk Merchant Account & Payment Gateway⚡ Instant Approval Contact us ☎(800) 956-1277In the world of high-risk transactions, building trust is paramount. Log into WooCommerce, and head to “Plugins. We specialize in providing offshore merchant account and high-risk merchant accounts. Need a Merchant Account for Your Travel Business ? High Risk Merchant Account & Payment Gateway Provider⚡ Instant Approval Contact us ☎ (800) 956-1277. com: The Solution for High-Risk Merchants HighRiskPay. If you are owing substantial taxes to the IRS then you need to take action immediately. Clearer Transparency. Multiple Currencies and Global card brands. In Summary: 5 Best Bad Credit Merchant Account Providers. Some industries, due to various factors such as high chargeback rates or regulatory scrutiny,. Industries. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. com : u/yourmerchantser. com, their main consideration factors s are payment processing history and your industry reputation. What is a High Risk Merchant? A high risk merchant is a business that operates in an industry or market that is considered risky by financial institutions. 5% to 1% higher than low-risk processing rates, which end up ranging anywhere from 3. A lot of transactions: A merchant is called a high-risk merchant by highriskpay. These types of businesses and others like them have to use a high risk bad credit merchant account to process credit cards. If you are a high risk business, it is important to have a high risk. To get one of these accounts you have to enter into an agreement with an acquiring bank that. 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. Running a business categorized as “high risk” makes getting a merchant account notoriously difficult. Check out high-risk merchant accounts. To be eligible for a high volume merchant account, businesses must process at least $100,000 per month. Easy integration – in cases where our customers want to switch their business to e-commerce,. What Instant Approval Actually Means For High-Risk Merchants. The risks associated with using a high risk merchant account include: 1. com specialize in providing merchant accounts to High Risk Merchant Account at Highriskpay. Rates begin at 2. High Risk Pay. High Risk Pay . Offers Paysley QR-code payment service. Merchants with high risk merchant. A high-risk merchant account provides a specialized payment processing solution tailored to the needs of such businesses. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. com is currently an active website, according to alexa, highriskpay. There may be historical data associated with the sector that demonstrates higher levels of chargebacks or customer disputes. com industries. High Risk Merchant Highriskpay. High Risk Pay | A leading online merchant account provider for high risk businesses. However, there are many reasons why high-risk processing could be the best choice for your…Adept Payments offers high-risk merchant accounts as well as accounts for low- and mid-risk merchants. Durango Merchant Services: Best For Offshore Merchants. com accounts is their high approval rates. Com is a payment processor that helps businesses accept payments from customers deemed high-risk by traditional financial institutions. Com. services (often referred to as “ high risk A merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. com was founded in 1997 and is a leading provider of high-risk merchant accounts, offering a comprehensive solution for businesses in need of reliable, secure, and efficient payment processing. 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. With providers advertising “instant credit card processing approval,” there’s usually some fine print specifying that approval takes 24-48 hours — faster than normal but not “instant. com; highriskpay. 2. The high-risk merchant account provider at rst endorses your account 2. com, high-risk merchants can access the tools and resources they need. Key Data. SMB Global. Call: (877) 979-5166. Highriskpay. Company Type For Profit. High-risk organizations face extraordinary difficulties with regards to installment handling. We know what it takes for you to succeed. Secure: They guarantee the highest levels of security for online transactions. 25 but are likely to be higher. 95% plus $0. For your privacy and security, your account information is kept safe with the highest grade of commercially available encryption. The processor and business are both affected by this. 50% to 6. With a. com – If you’ve been classified as a high-risk trader, you know how difficult it is to do business. At the same time, we encourage you to check out some of our top-rated high-risk providers before deciding. Financial scams and frauds are common, and thus it’s better to go for a secured process in terms of transactions. High-risk merchant account providers like highriskpay specialize in working with businesses in these industries and offer specialized services to help them manage risk and reduce the likelihood of chargebacks and fraud. com provides a secure and efficient payment solution tailored to their needs. These industries include. The merchant account provider charges high-risk merchant accounts higher fees to cover chargebacks. 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. SMB Global is the option on our list with the longest standard contract length, three years. The reason for this is that if your business does not turn a profit and the loan goes into default or bankruptcy, then there won’t be any funds available to repay the lender. Nutraceutical products are normally classified as high-risk. The high risk merchant account is perfect for businesses that carry a higher degree of risk. Introduction. Maximize approval ratios based on your target customer base. WE GUARANTEE THE ABSOLUTE BEST CUSTOMER SERVICE IN THE INDUSTRY AND THE LOWEST TRANSACTION RATES YOU'LL. Twitter Facebook-f CONTACT INFO Menu. Accepting credit card payments is essential for most businesses today. For those operating in high-risk industries, such as adult entertainment, online gaming, or subscription services, the journey can be even more treacherous. 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. Your merchant account allows you to accept credit cards in the first place. These providers aren’t telling you that merchant account approval is a two-step process. com at WI. Best one-stop shop: First Card Payments. The company offers a range of services including credit card processing, ACH payments, and e-checks. com is a website that specializes in providing high risk merchant accounts. com is a payment processor that provides payment solutions for high-risk merchants. HighRiskPay. High Risk Pay is one of the fastest growing companies in the credit card industry since 1997. A high-risk industry is defined by its likelihood to introduce more operational, regulatory, and reputational risk exposure. Point of Banking / CashlessATM. ” The following paragraphs will discuss the two types of payment processing companies: merchant accounts and. HighRiskPay. com High Risk Credit Card Processing High Risk Credit Card Processors High-Risk Pay Co SIC Code 61,615 NAICS Code 52,522 Show MoreHighriskPay provides virtual terminal solutions for retail payment processing. This is very long compared to the typical month-to-month offering for high-risk merchant accounts, so keep that in mind before choosing them. Our company has been in business since 1997 and deals with a high volume of high-risk merchants. com is a leading provider of high-risk merchant solutions, offering a lifeline to businesses that have been categorized as high-risk. Complete solutions for any business type and market vertical. (800) 956-1277. High Risk Pay offers high risk merchant accounts to businesses in high risk categories with bad credit, offshore or overseas interests, or other challenges. 4. e. Our services help with credit and debit payments and swiped card transactions. Here are just some of the benefits of their processor: Reliability: Highriskpay. 50% + $0. 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. Learn more about high risk payments. Merchant accounts allow you to accept credit and debit card payments, whether in person, online or over the phone. A high-risk merchant account is a type of merchant account given to a business that has been flagged as having a greater risk for fraudulent activity as well as chargebacks. They. You warrant and represent that:high risk merchant highriskpay. In the ever-evolving landscape of e-commerce and digital transactions, the role of payment processing cannot be understated. Looking for a MLM Credit Card Processing Account? High Risk Merchant Account & Payment Gateway Provider⚡ Instant Approval Contact us. Our high-risk merchant account is perfect for everyone in an industry or business niche that most payment providers avoid. The unpredictable nature of CBD products means that banks will see your business as high. These funds are available in regular merchant accounts within two business days, but high-risk merchant accounts may have longer wait times. Historically, merchants in high-risk categories have had few options for payments. National Processing: Best For Clover Processing Hardware. You will also be asked to prove that you have a secure system in place for customers entering credit card information. A merchant who has been identified by a processor or bank as posing a high risk for chargebacks and fraud is known as a high-risk merchant. PaymentCloud: Best for free credit card terminal. com 2023 is a great option for high risk businesses that want to accept credit card payments online. If your company is in need of a high risk. 27702 Crown Valley Pkwy Suite D4-120, Ladera Ranch California 92694, USA. Suitable for All High-Risk Businesses. 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. Host Merchant Services: Best for large high-risk businesses. Banks and other payment processing companies might label a business high. 2% plus $0. We can offer credit repair payment processing options and merchant accounts for your business, helping. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. Higher payment processing fees. A transaction fee of $0. However, high risk merchant services providers like Highriskpay. However, high-risk businesses are more prone to chargebacks. A high risk merchant highriskpay. When the major banks and payment processors like PayPal, Stripe, or Square decline, PayKings. High-risk merchant accounts are designed to serve businesses that are unable to secure a standard, low-risk credit card processing account. Now you know that there is nothing like a high-risk merchant account instant approval. A high-risk merchant account can help reduce the costs associated with chargebacks, returned charges, and other fees incurred from fraudulent transactions and bad credit merchant account. Super-chance investors who choose to work with instant permission groups may have their profits close to zero, resulting in out-of-place earnings. In these cases the application process may take. 1) Online Gaming Merchants. The key to a high risk merchant account is to understand the risks of avoiding a bad credit account. Including individual transactions and batch totals with comprehensive reporting tools. Credit card payments are deposited through ACH directly into the account. This includes businesses that sell high-ticket items, businesses that have a high chargeback ratio, and businesses that are new to the market. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. Payments. 1. A merchant who sells products or services online will often. Learn about the best merchant account for. com provides a seamless payment processing experience for high-risk. A merchant account allows your business to process credit cards. highriskpay. High-risk merchant accounts allow businesses in certain industries to accept credit and debit card payments for their products or services. Historically, merchants in high-risk categories have had few options for payments. Payment processing fees: 2% to 3. A high-risk merchant is one considered by card networks and their designates (payment gateways, Payment Service Providers ( PSPs) and so forth) to be less safe than their normal clientele. Both industries require high risk merchant accounts. Twitter Facebook-f CONTACT INFO Electronic checks also process quickly. com. This list of the best high risk merchant account companies was determined by the feedback of clients, employees, competitors, potential clients, and other audiences. The Problems For High-Risk Merchants. Month-to-Month. This can be due to several factors, such as high chargeback rates, fraud, or a history of legal and regulatory issues. These merchants pay more for processing due to the higher amount of work involved in making sure their payment transactions are approved. com – High risk merchant accounts are more susceptible to fraud and chargebacks than low-risk accounts. These types of businesses and others like them have to use a high risk bad credit merchant account to process credit cards. Contact us for full details at (866) 340-3898. con: Enter the Code and Join a Presentation in Progress with. However, if you frequently deal with chargebacks and returns, you will most likely be. Are you a high risk merchant struggling to find payment processing solutions that meet your unique needs? Look no further than high risk merchant HighRiskPay. com (2022) Instant Approval Processors! A high risk provider issuer account is a specific kind of charge processing account for distinctive businesses, according to HighriskPay. One of the primary advantages of highriskpay. High risk rates as low as blended 2. Multiple Currencies and Global card brands. These accounts have a higher chance of being declined, which makes them more difficult to obtain. Transaction processors encounter unique risks with. Bad Credit Merchant Account Services, High Risk Pay Merchant AccountBecoming an Affiliate is easy with us, and it is free to join. Payment Gateway. About us 25 years of experience and support. For high-risk merchants, for example, the rate can be as low as 2. Phone Number 800-956-1277. Credit card companies have grown rapidly since 1997 thanks to high risk merchant highriskpay. Our customer service team strives to provide a high level of reliability and satisfaction. High-risk industries fall under a broad scope including. From ecommerce to MOTO, card swiping to recurring billing, we’ve got you covered. In order to use a merchant account and payment gateway, you will need to apply for both. Soar Payments prides itself on exceptional customer service (Soar Payments agents are actually available on the phone to discuss. Specialized payment processors like highriskpay. It gives merchants a unique login with order tracking, sales management, inventory, and payments. Although obtaining such an account can be difficult and has disadvantages, it can provide a lifeline for such businesses. This includes online pharmacies, CBD retailers, tech support services, subscription services, and more. Post Views: 2,851. The following factors contribute to classifying business owners as High-Risk: Large Transaction Volume. They will see you as high-risk because you’ll deal with high sales volumes, possible fraud, and, most of all, chargebacks.