Are You a High-Risk Merchant Account?

October 28, 2021

Not all merchant transactions are created equal. Most merchant payment gateways are designed for customers with moderate to low payment disputes, fraud or credit risk. These merchants are charged using a standard rate schedule with may include transaction fees, transaction value upcharges (similar to a commission), and funds availability rates. These standard rates do not apply to merchants who are deemed to be of ‘high-risk’. High-risk merchant accounts are often charged significantly more for standard services if they offer high-risk payment gateways at all. If you find yourself in this situation, you are likely to be an eCommerce merchant account, ‘bad credit’ merchant account or within an industry that has a history of attracting customers that have bad credit, often dispute transactions or suffer buyers’ remorse like adult entertainment establishments or liquor stores.

Bad Credit Merchant Account

There are transaction specialists who cater to the unique needs of your business by offering
high-risk credit card processing and offer high-risk merchant accounts instant approval on pending transactions that minimize overall risk and facilitate greater sales volumes.

This credit card processing to high-risk accounts offers a level of service to merchants that would not be available through other means at rates that are often very competitive to market at large. This is often a godsend for bad credit merchant accounts and allows them to secure steady income as they restructure. For ‘sin’ industries, these high-risk credit card processors offer high-risk payment gateways that are secure and limit customer transaction write-offs through high-risk merchant account instant transaction approvals.