Our goal is to become the preferred high-risk merchant account provider for businesses across the United States. You can manage your payment faster and safer at the low cost. Get instantly approved for your high-risk merchant account today.

Choose High Risk Pay as your provider for a high-risk merchant account. We have extensive expertise and strong relationships with banks and financial institutions, ensuring that your business always has access to reliable services. Our high-risk merchant account solutions offer valuable features such as chargeback management, credit card acceptance, fraud prevention, and ACH/eCheck processing, catering to both new and established businesses.

Typically, the approval time at High Risk Pay is 24 to 48 hours, which is faster than most other providers. Our 99% approval rate ensures that your unique business is almost guaranteed approval, allowing you to start accepting payments quickly and easily.

if you have bad credit So we can setup merchant account for you. Our average approval rate for merchants with bad credit is 99%, the highest in the industry. At High Risk Pay, you can quickly obtain a bad credit merchant account with fast approvals and no setup or cancellation fees. Applying online is simple. Learn more about our bad credit merchant accounts on our website.

When it comes to fees, high-risk merchant accounts can have higher costs due to taxes and restrictions. However, at High Risk Pay, we believe in fairness and transparency. Our fees are comparable to traditional card processors, allowing you to accept credit cards and debit cards conveniently while serving your customers. Moreover, unlike other providers, we do not charge any application or setup fees for your high-risk merchant account.

High-Risk Merchant Account Criticism

It’s critical to realize that a high-risk merchant account is not a criticism on your company or your ability as an entrepreneur if you manage an online store. The classification of “high-risk” is determined by numerical criteria and has nothing to do with how you manage your firm.

Payment processors assume some risk with each transaction, and they are selective about the businesses they work with to reduce their liability. Industries prone to fraud and chargebacks are often considered high-risk. Examples of high-risk businesses include travel agencies, adult stores, SaaS providers, dating websites, firearms dealers, and other unique verticals.

High-risk merchant accounts are necessary for businesses in these industries, and specialized providers like High Risk Pay offer tailored merchant accounts to meet their needs. If you can accept non cash payment from with include online, credit cards, ACH, and echeck.

Determining whether your business is high-risk depends on factors such as your industry stability, financial profile, fraud and chargeback rates, types of products or services, reputational risk, recurring payments, monthly sales volumes, and credit score. If your business is susceptible to chargebacks, has a history of poor financial stability, high average ticket/sales volume, or a low credit score, it’s likely considered high-risk by most payment processors and financial institutions.

PayPal, Square, high-risk merchant accounts

PayPal, Square, and Stripe are not suitable options for high-risk merchant accounts as they have restrictions on certain industries such as adult entertainment, gambling, or CBD companies. However, High Risk Pay offers high-risk merchant accounts and payment gateway solutions for businesses in all verticals. We provide fair and transparent pricing starting from 1.79%, and there are no setup or application fees. Start with us today and find an alternative to PayPal, Square, or Stripe.

Numerous service providers are aware of the difficulties high-risk merchants confront and provide customized services to meet their demands. Some of the top service providers for high-risk merchant accounts in 2023 are listed below:

PaymentCloud: Best overall

• Host Merchant Services: Best for large high-risk businesses
• Durango Merchant Services: Best for highest-risk businesses
• SMB Global: Best for international merchants
• Soar Payments: Best for United States-based businesses

HighRiskPay.com is a leading high-risk merchant account provider that specializes in offering unique payment processing options to businesses that have been rejected by traditional banks. Their experienced team can help businesses find the best payment solutions tailored to their specific needs. They provide services like chargeback management, e-check processing, ACH processing, and credit card processing, among others. With a strong risk management system and a comprehensive chargeback management system, they assist businesses in effectively managing fraud and chargebacks. To guarantee that businesses receive assistance whenever they require it, they offer 24/7 customer support.

A high-risk merchant account is necessary for businesses operating in high-risk industries that are often rejected by traditional banks. Due to their specialized payment processing solutions, robust risk management system, and round-the-clock customer service, HighRiskPay.com is a dependable option for high-risk merchants.

• A member of their underwriting department will review your application and contact you to discuss your payment processing needs.
• The cost of a high-risk merchant account varies depending on the industry and specific requirements of your business. HighRiskPay.com offers affordable pricing tailored to each business’s unique needs.
• Yes, HighRiskPay.com provides chargeback management services, including dispute settlement, representation, and chargeback avoidance. Their dedicated team helps businesses effectively manage chargebacks, saving them time and money.
• Businesses should anticipate to begin receiving online payments from HighRiskPay.com within a few days of their application being approved because the company works hard to process applications as rapidly as possible.
• hey offer specialized payment processing solutions, a strong risk management system, and adhere to strict security standards to protect sensitive payment information.
• HighRiskPay.com employs the latest tokenization and encryption technologies to ensure the security of your customers’ payment information. They comply with PCI DSS (Payment Card Industry Data Security Standard), which sets stringent requirements for safeguarding payment data.
• Yes, businesses located outside the United States can use HighRiskPay.com. Their global payment processing systems support various currencies and payment options, allowing businesses to accept payments from customers worldwide.

The documentation required to apply for a high-risk merchant account may vary depending on your industry and specific business requirements. Generally, you will need to provide basic information such as official identification, financial accounts, and processing history. HighRiskPay.com’s underwriting team will guide you through the documentation requirements for your application.

Yes, you can switch to HighRiskPay.com from your current high-risk merchant account provider. Their underwriting team will ensure a smooth transition to their payment processing platform.

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HighRiskPay.com provides customized payment processing solutions

• Tailored to the specific requirements of businesses. Their underwriting team works with each business to understand their unique payment processing needs and create a solution that meets those needs.
• Generally, businesses can expect to receive payments within a few business days through HighRiskPay.com’s fast and reliable payment processing options.
• A high-risk merchant account is a specialized account that serves businesses categorized as high-risk by traditional financial institutions. These businesses have a higher risk of chargebacks or fraud.
• You might require a high-risk merchant account, like the one provided by highriskpay.com, to safeguard yourself from these risks.

High-risk merchant accounts are particularly beneficial for online businesses that don’t have a physical store. Banks and transactional companies may be more hesitant to trust online businesses, making it challenging to get approved for a regular merchant account. A high-risk merchant account provides extra support to protect against fraudulent activity.

If your business has a history of fraud, high chargebacks, poor credit, or is in an industry with a higher chance of customer fraud, a high-risk merchant account is essential. Industries such as subscription businesses, adult entertainment, and others often require these accounts to safeguard themselves against customer fraud.

When applying for a high-risk merchant account with highriskpay.com, you’ll need to submit certain documents. A legitimate driver’s license, evidence of insurance protection, personal identification numbers (PINs), and documentation proving business registration, such as articles of incorporation or partnership agreements, may be among them.

A high-risk merchant account is a transactional agreement between a business owner and a financial institution. It enables the business owner to accept payments from customers through the institution’s payment processing system, which includes credit and debit card clearance. The requirements and services offered may vary depending on the financial institution, and some may require a business to be operational for a certain period or have experienced previous fraudulent acts.

Business owners can be classified as high-risk for several reasons. These include having a high transactional volume (e.g., at least $20,000 per month or transactions over $500), selling products internationally to high-risk countries, being a new business with minimal transaction history, being in a high-risk industry, or having a low credit score.

Industries considered high-risk merchants

include adult entertainment, gambling, eCommerce, online dating, gaming, debt collection, e-cigarettes and CBD, multi-level marketing, and subscription services with recurring payment plans, among others.

There are several advantages to having a high-risk merchant account. It allows you to access the international market and accept transactions in multiple currencies. It also provides protection against chargebacks and enables you to accept both debit and credit card payments, ensuring a better customer experience. Additionally, a high-risk merchant account offers higher security for customer information, which increases customer satisfaction.

Having a high-risk merchant account with highriskpay.com means you can provide customers with secure payment options, credit and debit card acceptance, and local currency exchange facilities, resulting in greater customer satisfaction and a smoother payment process.