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Many large merchant account providers will refuse to process transactions for high risk businesses, which limits the options that are available to hard-to-place merchants.
With so few processors to choose from, merchants can find themselves simply signing up with the first provider that will accept them instead of shopping around and looking for reputable, experienced processors that specialize in high risk merchant accounts.
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This leads to headaches down the road, as high risk merchants are especially vulnerable to chargebacks, fund holds, excessively high rates, or placement on the TMF/MATCH list.
To help you find the right provider for your business, we’ve compiled the following list of the top high risk merchant account providers.
The company’s high risk processing services include chargeback dispute resolution, an online payment gateway, ACH processing, merchant cash advance, and MOTO processing options.
e Merchant has maintained a low complaint rate since our first review of the company and appears to offer custom pricing plans depending on each business’s type and processing history.
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This will then appear as “payable” in your earnings.