High Risk Merchant AccountGrow your business and increase your profits with high risk merchant account payment processing. Specialized high risk merchant account technology gives you the processing power you need to maximize sales, minimize risk, and protect your business operations.
What is a High Risk Merchant Account?A high risk merchant account is simply a label used to describe payment processing which falls outside of “standard” industry classification criteria. A high risk merchant account classification does not necessarily mean that you will have difficulty establishing payment processing nor that your rates will be higher than average. In fact, a high risk merchant can obtain superb payment processing accounts with excellent rates.
Banks classify companies as high risk merchants for a variety of reasons. Some industries have statistically greater likelihood of chargebacks or fraudulent transactions and companies in these industries are automatically classified as high risk merchants. Other reasons for a high risk merchant account classification include, but are not limited to, rapid growth of payment processing, subscription or recurring billing models, sales of expensive products or services, and electronic delivery of goods or services.