High Risk Merchant Services

Does Your Business Need A High Risk Merchant Account?

High risk merchant services is provided for all legal forms of high risk business types. It should be the aim of every high risk business to have a merchant account. With our high risk services, businesses can accept credit cards and other forms of payments for their products and services. Since high risk businesses do not qualify for traditional merchant services, a high risk solution is what we solely focus on.

Why Does My Business Need A High Risk Merchant Account?

High Risk Merchant Services came about out of necessity. Traditional payment processors are simply not allowed to process credit cards because of their sponsoring bank’s rules. Each high risk merchant service provider has to have a sponsoring bank in order to be a payment processor. All high risk merchant service providers have to oblige by those rules.

Why Do Sponsoring Banks Have Restrictions With High Risk Merchant Services?

Sponsoring banks have many reasons when it comes to certain business types being prohibited or restricted. Some of these reasons are because of legal restrictions, products that require a minimum age, excessive chargeback history from specific biz types, and high levels of fraud that they have dealt with in the past. As you see, these are only a few reasons mentioned here, but their are many more.

How is High Risk Solutions Able To Provide High Risk Merchant Services?

Basically, there are selective specific sponsoring banks that don’t focus on the negatives when it comes to providing high risk merchant services. These banks tends to specialize in certain high risk business type. They are able to do this because of extensive market research and the gross volume of merchants they are able to accept on their books.

What Currencies Are Accepted With Your High Risk Merchant Services?

You will be able to accept USD, CAD, EUROS and many international currencies based upon processor integration(s).