com can. It involves accepting payments from customers through credit or debit cards, despite the increased likelihood of chargebacks or fraud. From their cutting-edge technology to their unrivaled customer support, we’ve left no stone unturned to bring you an inside look at what sets them apart from the competition. com provides a seamless payment. Trust the pioneers in high-risk credit card processing – HighRiskPay. 25. 00:03. High Risk Merchant Account – A high risk merchant account is one that is used on an e-commerce site to accept payments for processing, for certain high risk industries, or bad credit merchant accounts, off-shore merchants who might have difficulty working with merchant account providers that will only work with lower risk industries. Some industries are considered high risk due to various factors, and that’s where HighRiskPay. High-Risk ACH Processing; Chargeback Prevention Program; High Risk Merchant Account Instant Approval. For every transaction that’s disputed or fraudulent, you will have to pay a fee to the bank. However, not all businesses are created equal, and some fall into the category of. HighRiskPay. This will include reading up on customer reviews as well as finding their. 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. Although labels and requirements for high-risk accounts vary from provider to provider, generally speaking, you can. PaymentCloud — Best for businesses looking for completely customized payment packages, fraud prevention tools, advanced payment gateways, and merchant funding. For standard small businesses, payment processing fees may be 0. One key feature that sets Quadrapay apart is its low transaction rates, which allow businesses to pay less than industry standards. With years of experience and a dedication to helping high-risk merchants succeed, highriskpay. The plugin allows your logged. However, for some businesses…high-risk merchant highriskpay. com is provided by specialized payment processors that focus on underserved industries. High Risk Factors: No, low or erratic credit scores. epay global- best high risk payment gateway, credit card processing solutions. 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. com is your best option. High risk credit card processing HighRiskPay. We understand that convenience store owners face unique challenges when it comes to payment processing, and that's why we have designed our services to meet those needs head-on. 3. These accounts have a higher chance of being declined, which makes them more difficult to obtain. There are several reasons why the CBD industry is considered high risk. ur objective is to give customers the full satisfaction and be a reliable provider. com refers to the payment processing services tailored to businesses that operate in industries or have characteristics that are considered risky by traditional payment processors. com has the experience, tools, and relationships to get your high risk business approved for credit card processing quickly and reliably. Generally, high-risk business owners can expect credit card processing rates of 0. A high-risk merchant account can provide the same types of services as low-risk providers. We have a broad nationwide network which runs via our processing banks to merchant accounts with an efficient credit card processing service. com; 27702 Crown Valley Pkwy Suite D4-120, Ladera Ranch California 92694, USA Industries. Unlike standard or low-risk accounts, these accounts factor in the financial risks that high-risk businesses face, especially susceptibility to fraud and chargebacks, and how they can be. This is particularly important for merchants. A merchant who sells products or services online will often. High Risk Payment Gateway. Apply Today. We. The processor promises fast approval, an easy setup process and free equipment. Moreover, businesses with annual sales of $20,000 or. The payment processing enables various factors involving high-risk. com offers secure high risk merchant accounts. Here's how you can integrate your high-risk payment gateway and merchant account with your WooCommerce shop! 1-800-988-2215. com offers a range of services designed specifically for high-risk businesses, including credit card processing, ACH processing, fraud prevention tools, and chargeback management services. com 2023 is a great option for high risk businesses that want to accept credit card payments online. Highriskpay. It is used to facilitate the communication of banks by authorizing credit card payments for online. Higher payment processing fees. This is particularly important for merchants. Certain businesses, categorized as high-risk industries, often face. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. Traditional payment processors may. com. High Risk Credit Card Processing Highriskpay. com is up forward with the client about any expenses associated with processing payments. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and 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. It allows businesses in high-risk industries to accept credit and debit card payments. 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. The processor and business are both affected by this. See also: High risk credit card processing reviews get my merchant account now HighRiskPay. To take credit card payments, however, you will need to use a credit card processing company. com. With years of experience and a dedication to helping high-risk merchants succeed, highriskpay. com is provided by specialized payment processors that focus on underserved industries. com - specialized solutions, seamless payments, and industry expertise. SMB Global: Best for international merchants. Generally, the main factor that makes a business high-risk is their chargebacks. While these products are needed, they tend to attract customers who engage in credit card fraud. Bad credit isn’t a problem; we can approve your business for credit card processing regardless of your credit history. 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 Credit Card Processing. A high-risk merchant account allows businesses to accept credit and debit card payments even if the provider expects a high number of chargebacks. To open a High Risk Pay merchant account, you will need a U. To open a High Risk Pay merchant account, you will need a U. Merchants with recurring annual or monthly fees. Here is an outline of the overall features of high risk merchant. Merchant Account A merchant account allows you to process online credit and debit card payments. High risk credit card processing highriskpay. Here’s an overview of what may land you in the high-risk credit card processing category as opposed to the low-risk one: High risk. Termination of Your Merchant Account. 3 • Prevention and control of chargebacks; 2. We specialize in providing offshore merchant account and high risk merchant accounts. Menu. Most high-risk credit card processing firms charge above 3. 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. ”. High Risk Merchant – HighRiskPay. eMerchantBroker (EMB): EMB stands out as another leading high-risk and one of the best merchant account services provider in 2023. Having a high-risk merchant account allows your business to accept credit card payments for the sale of your goods or services. This fee is a percentage of the total transaction amount, and it varies depending on the type of card you’re processing. com is a challenge that many businesses face. Major Clients: Best. This service provider has seen a significant increase in the credit card segment since its inception. Stax: Best Credit Card Processor for High-Revenue Businesses. For more information, visit the Host Merchant Services website or call (888) 727-4538. High-risk merchant accounts attract more stringent conditionalities than regular merchant accounts and are more expensive to manage. 2 million annually. To be eligible for a high volume merchant account, businesses must process at least $100,000 per month. The financial institution provides the business owner with the ability to accept payments from customers through its payment processing system. In the world of business, risk is an inherent factor that businesses must grapple with. HighRiskPay. Banks and other payment processing companies might label a business high. com is one of the high risk payment processors specializing in providing payment processing solutions to high risk categories. Credit card processing – It offers credit card processing for businesses having a low credit score. Highriskpay. The Trending Blogs. These industries may include online gaming, adult entertainment, CBD products, travel, and. Farm Bill, its association with the cannabis industry at large causes it to be seen as high risk in the eyes of conventional payment processors. Due to the higher-risk categorization, the CBD industry often uses alternative payment processors such as HighRiskPay. We offer you the easiest, fastest, and most painless way to set up your High Risk Merchant Account. High-risk industries fall under a broad scope including. Are you a business owner who is struggling with finding a reliable and secure way to process credit card payments? Perhaps your industry falls under the. High-Risk Industries. We. com for. Transparency, cash levels, documents, controllable. For high risk payment processors, highriskpay. However, with excessive chargebacks, you can face account termination and be viewed by banks as high-risk. High Risk Pay helps you identify and red flag fraud-prone accounts and affiliates, so you can stop fraud before further losses occur. com offers tailored solutions designed to meet your unique needs. See also: High risk credit card processing reviews. This article explains why a merchant account should be classified as. com;. Credit Card Processing: Credit Card Processing is a top high risk merchant account provider that offers a variety of services. 3. 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. A high risk merchant processor highriskpay. In this discussion we will focus primarily on high risk payment gateways and more specifically high risk credit card processing. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. Each provider and terminal will have different requirements. High Risk Pay offers a variety of solutions for high-risk. 27702 Crown Valley Pkwy Suite D4-120, Ladera Ranch California 92694, USA. High Risk Pay offers high risk merchant accounts to businesses in high risk categories with bad credit, offshore or overseas interests, or other barriers. High Risk Pay specializes in taking on some of the highest risk merchants in the world, merchants that other processors, including high-risk processors, cannot. com is an excellent option for businesses that need to secure high-risk merchant account. 6% plus 10 cents, while the fee for a high-risk account might be 2. There are several benefits to using a dropshipping payment system for your business. con: Enter the Code and Join a Presentation in Progress with. If you're. Corepay. Com might initially be complex for some business owners. HighRiskPay. Sa. Businesses may also want to purchase additional credit card readers to accept tap and chip payments. com can provide the. 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. What are High-Risk Merchant Accounts? processing credit cards at a high risk If your company experiences more chargebacks, returns, or fraud instances, highriskpay. , business license, current bank account statement, and any prior merchant account statements. Durango Merchant Services: Best for highest-risk businesses. High-risk payment processing can be a complex and challenging area of the payments industry, but with the right knowledge and solutions, high-risk businesses can succeed. ”. 4 • Management and prevention of fraud; 3 How does an account in highriskpay. Summary: Although CBD was completely legalized in 2018 with the U. com. By integrating cutting-edge technology and secure payment gateways, HighRiskPay. All they care about is you signing. com is your go-to destination for expert high-risk credit card processing services. Of course, you will never be able to fully prevent fraud and chargebacks, but. com can offer you instant approval, competitive rates, 99% approval rate, fast approval, and specialized services for high risk businesses. Keep reading to learn how high risk merchant HighRiskPay. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. In the dynamic world of e-commerce and business transactions, managing high risk credit card processing highriskpay. The main difference between a high-risk and low-risk account depends on the chargeback quantity. The application process can take a few days, so you won’t be able to accept payments immediately. High Risk Charge Card Processing - California High risk companies are ones that offer products that fall into locations such as adult entertainment, online betting, ticket sales, or medications. 664. com is often met with curiosity and uncertainty. With GoPayhawk you get access to both a point of sale and a credit card processing terminal. For 20 years, Tasker Payment Gateways LLC has been a reliable partner for high-risk e-commerce businesses, offering payment gateway integrations and merchant account recommendations to USA-based. Industries. S. High-risk businesses may be denied; Best for Fast-Growing Businesses Helcim. The High Risk Payment Gateway for WooCommerce plugin adds Cardpay Solutions as a payment method to your WooCommerce store. We specialize in supplying overseas merchant account and high-risk merchant accounts. Because of this, dispensaries and CBD merchants will need to apply to a high-risk payment processing company to facilitate their digital eCommerce or in-store transactions. Whether you have bad credit, chargeback issues, or unique products, you. These processors have relationships with banks and other financial institutions willing to work with risky merchants. Each payment gateway has inherent risks, costs, liquidity constraints and accessibility hurdles for the customer, merchant and transaction processor. The more chargeback, the higher the risk. In order to use a merchant account and payment gateway, you will need to apply for both. , business license, current bank account statement, and any prior merchant account. In today’s fast-paced and increasingly digital business landscape, accepting credit card payments is not just a convenience but a necessity for most companies. Corepay's emphasis on eCommerce makes it a particularly good choice for online-only businesses. com. To be considered high-risk. With a solid reputation and years of experience, they offer tailored solutions for businesses in various high-risk industries. CONTACT INFO (800) 956-1277; sales@highriskpay. While interchange fees may vary from company to company, in general, higher risk will incur higher fees. This being the case, it’s wise to choose a merchant account provider that has extensive. We understand that it is hard for high-risk business accounts to be approved, unlike the other low-risk businesses. What You Need to Open a High-Risk Merchant Account. com. com. That’s a problem because they’ll have to pay higher. com might be the solution you’ve. com” by banks and traditional payment…High Risk Pay is one of the fastest growing companies in the credit card industry since 1997. PayKings offers payment solutions to businesses in high risk industries, which means that as payment processing providers, our banks are willing to accept the liability for the increased risk associated with those businesses that are categorized as needing a high risk merchant account. High Risk Pay is happy to accept all merchants, regardless of their credit and looks at many things besides credit when approving accounts. 95% + $0. Due to the high risk of these industries, many payment processors are reluctant to work with them, as they carry higher financial risk. However, with the growth of e commerce and the increasing demand for payments there has been an increasing need, for high risk merchant accounts. High risk merchant highriskpay. A seller or business owner may be regarded as a high-risk merchant by highriskpay. The site, highriskpay, has information about it. A Merchant Account is a type of account held in the name of a business. Description: Soar Payments offers credit card processing, eCheck, and ACH solutions to a wide range of merchants, but specializes in serving those considered to be high-risk or hard to place. Apply Today. Super-chance. North American Bancard does not disclose its full range of processing rates. com are processing history and industry reputation. When asked for comment, a PaymentCloud representative claimed that merchants’ monthly fee is around $15 regardless of risk level, with increased per-transaction markups for higher-risk merchants. Get Started for FREE Sign up with Facebook Sign up with Twitter I don't have a Facebook or a Twitter account. com account is designed specifically to help high-risk companies with payment processing. Credit card. High-risk merchant services are payment processing services provided to high-risk businesses. com. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. Highriskpay. com Merchant Services can handle payments from and. We have a broad nationwide network which runs via our processing banks to merchant accounts with an effective credit card processing service. While interchange fees may vary from company to company, in general, higher risk will incur higher fees. There may be historical data associated with the sector that demonstrates higher levels of chargebacks or customer disputes. We believe standard processing accounts should come with a credit card machine. Why would a merchant Be Considered high-risk Credit Card Processing highriskpay. If a business with a greater risk of fraud or chargebacks wants to. High-Risk ACH Processing; Chargeback Prevention Program; High Risk Merchant Account Instant Approval; About us; Rates & Fees; Contact Us (800) 956-1277. These businesses typically face a higher likelihood of chargebacks, fraud, or regulatory issues. It provides them with secure payment processing solutions tailored specifically to meet their unique needs. Here are the types of businesses that can benefit from a high-risk merchant account. High-risk processing is a type of credit card payment processing that’s often referred to as “chargeback-friendly” or “chargeback-protected. We specialize in providing offshore merchant account and high-risk merchant accounts. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. Look for a list of prohibited companies from your. High Risk Pay are specialists in providing payment solutions for credit repair companies. com accounts are established specifically for high-risk businesses to accept payments. However, for a high-risk merchant account, this could go up to 1. com has established itself as a reputable and reliable payment. 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. There will be $20,000 or more in monthly sales. This. Some of their services are listed below: 1. Off-Shore Merchant. 2. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. We have a broad across the country network which runs by means of our processing banks. . com is a leading provider of high-risk credit card processing, specializing in delivering instant approvals and a range of tailored payment solutions. Highriskpay. In these cases, these clients might use a stolen credit card account or file a dispute that results in chargebacks of the. You might get a rate of about 0. That’s an annual income of $14,040 – just barely above the federal poverty level of $11,880. Payment Gateway – An Internet-based service that transmits credit card data from a website to a separate credit card processor, where it is then verified. We believe standard processing accounts should come with a credit card machine. We can offer credit repair payment processing options and merchant accounts for your business, helping. com. A high-risk credit card processing highriskpay. com account is a transactional arrangement between a business owner and a financial institution. Contact us for full details at (866) 340-3898. Major card brands categorize merchants using merchant category codes (MCCs), and payment service providers must ensure that their merchants are accurately coded. com Are you a business owner looking for a payment processing solution but need help getting approved for a merchant account? Breaking News. 5. Obtaining a high-risk merchant account allows these businesses to accept credit card payments from customers while mitigating some of the associated risks. Twitter Facebook-f. com is one of the leading High Risk Merchant Account providers of credit card processing & payment gateways to businesses with bad credit. 95% per transaction on average plus a $0. In order to do this, you will need at least one merchant account. PaymentCloud — Best for businesses looking for completely customized payment packages, fraud prevention tools, advanced payment gateways, and merchant funding. For your privacy and security, your account information is kept safe with the highest grade of commercially available encryption. HighRiskPay. So here, we will see what conditions make a merchant account high risk and how an automotive business can get a high-risk payment process highriskpay. D. When Administering For A Bad Credit Merchant Account, Demands Are Required. com offers global payment processing capabilities, allowing businesses to accept payments from customers worldwide. A point-of-sale (POS) system is a software system that manages transactions, tracks inventory, and provides your business with valuable analytics. Twitter Facebook-f. An up-front reserve is a type of security deposit required by payment processors for high-risk merchant accounts. Assuming the authorization is passed,. High-risk merchant processing: They look at what you sell and the potential for fraud chargebacks, large transaction sizes, and long-term deliveries. ur objective is to give customers the full satisfaction and be a reliable provider. The benefits of using HighRiskPay. In the fast-paced world of business, adapting to changes and addressing unique challenges is vital for success. It is very common for people who are disabled to have low credit scores. In this blog post, we will explore the ins and outs of high risk credit card processing with HighRiskPay. Your business experiences a high volume of chargebacks. Still, it may also result in higher fees and stricter provider requirements. com. For those resellers that can refer us more then 5 merchants per month please call us directly at: 800-956-1277 # 102. HighRiskPay is a reputable company that guarantees instant merchant account instant approval. High Risk Pay – High Risk Merchant Account. SMB Global is the option on our list with the longest standard contract length, three years. High-Risk ACH Processing Credit card processing, e-check processing, ACH processing, chargeback management, and other payment processing services are all provided by HighRiskPay. Merchants that are commonly referred to as high risk include travel, gaming, multi-level marketing companies, direct marketing, collection agencies, online dating, web-based pharmacies, and other eCommerce businesses which accept credit cards over the telephone and online rather than in person. In this blog post, we’ll discuss in detail what “Issuer Declined MCC” means, the reasons why they happen, and how merchants can prevent them from occurring. Banks and other payment processing companies might label a business. This is also known as high-risk credit card processing. In the past banks and credit card processing companies have been cautious about working with high risk merchants due to risks involved. High Risk Pay is a merchant account provider offering services to businesses with a history of bad credit or considered to be in a high risk industry. S. con: Enter the Code and Join a Presentation in Progress with. 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. Benefits of. com to accept credit card payments. com. If your company is in need of a high risk merchant. A high-risk merchant highriskpay. Keep in mind that high-risk businesses tend to pay more in fees. 95% with a transaction fee of just $0. com HighRiskPay. PayKings offers high-risk credit card processing for merchants in high-risk industries and those with lower levels of risk. The company's offerings lack some of the bells and whistles of competitors that provide integrated POS and credit card. com – High risk merchant accounts are more susceptible to fraud and chargebacks than low-risk accounts. $20,000 or more in monthly transactions. Who should use it:. HighRiskPay. Our merchant processing is aimed at keeping your chargebacks rates as low as possible compared to your total transactions. High-Risk ACH Processing – No matter if your business falls under High risk, it offers ACH processing. It specializes in travel and other high. These can include: Higher card processing. The high-risk designation is often due to factors like higher chargeback rates, regulatory concerns, or a history of credit issues. For some enterprises, being labeled as high risk is an inevitable reality due to various factors such as industry type, credit history, or chargeback rates. Offering you high-risk merchant accounts is a way that you can use to manage your transactions. You should be ready to pay higher processing and account fees because you are a high-risk merchant and may have to deal with unforeseen charges. Cash reserve requirements – where the processor might hold onto some of your revenue as a hedge. Fortunately, several credit card processing services work with high-risk merchants, including our top pick for high-risk merchants, Paysafe. A high-risk credit card processing highriskpay. com, Sadly, the cost of high-risk merchant accounts is more than that of low-risk ones. High-risk businesses tend to experience higher chargeback rates, which can result in financial losses and damage. com, we understand the complexities of high-risk industries. Higher processing limits: High-risk merchant. While you want competitive pricing, you want to know that your account isn’t at risk of getting terminated with the wrong payment processor. This can include consumers who are new to credit, those with bad or no credit, and even those who want to pay with cash but don’t have enough money for the purchase (or are willing to. High Risk Account Credit Card Processing offers several types of credit card processing and merchant solutions. epay global is a leading high risk payment gateway provider, offers best credit card processing solutions for high risk business with chargeback management. 25 transaction fee. With a team of seasoned professionals and cutting-edge technology, we provide tailored solutions. Because the CBD industry is relatively new, it may be prone to fraudulent business activities and frequent chargebacks. JoinPD. A high risk merchant account allows businesses classified as high risk to accept credit card payments like any other business. Highriskpay. 1. First Card Payments offers high-risk merchant accounts and credit card processing. So if you're looking for a solution tailored specifically for high risk merchants like yourself, keep reading!What Is High Risk Merchant Highriskpay. Learn more about high risk payments. High-Risk ACH Processing; Chargeback Prevention Program; High Risk Merchant Account Instant Approval; About us; Rates & Fees; Contact Us (800) 956-1277. What You Need to Open a High-Risk Merchant Account. JoinPD. High-risk merchant accounts give businesses access to credit card processing, even if their industry has a history of high. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. com may classify you as a high-risk merchant. in Tech & Business. Subscription-based companies that ship. Firearms are notoriously expensive, with the average gun costing between $800 and $1,400 depending on the precise version, features, and specification. If you are an eCommerce high-risk company, Payment Pro’s has got you covered. Both debit card and. A high-risk merchant account is a payment processing account for businesses viewed to be of high risk to the banks. Understanding High Risk Credit Card Processing with HighRiskPay. High Risk Pay is one of the fastest growing companies in the credit card industry since 1997. Call. In order to do so, you’ll need to send forms and financial information to the merchant service provider.