Researching High Risk Merchant Account Providers

Doing research and shopping around for a high risk merchant account provider can be frustrating. Extensive research is required to compare and contrast rates and make sure you are dealing with a legitimate merchant account provider and not with a scam merchant account provider. After a merchant has thoroughly researched his or her options and decided on a high risk merchant account provider, there is still the application process to complete.

In fact, the whole process of researching and applying for a merchant account may have some merchants wondering “Can’t I just use a payment intermediary service (such as PayPal) to handle credit card transactions?”

Technically, you probably could. However, being unable to process credit card transactions without a payment intermediary service will not give you the appearance of being a reputable merchant. In addition, payment intermediary services do not always offer the same degree of seller protection provided by an actual merchant account. PayPal, for example, has a list of exclusions under its seller protection terms that could potentially includes “intangible goods” which includes a variety of services that you may offer as a merchant.

To best protect yourself and your business, you are better off working with a merchant account provider that is willing to work with high risk or high volume merchants. While you may pay transaction and processing fees, you are also paying for a degree of customer service and seller protection that can’t be guaranteed by a payment intermediary service.

High Risk Credit Card Processor represents 20+ different processing sources (US/Domestic banks, Offshore banks, 3rd Party Processors, ACH/Check Processors, etc.). Whether you are looking for one merchant account or multiple merchant accounts, we are certain that we can accommodate all of your processing needs. Regardless of business type or volume, we'll get your account approved quickly and keep it running smoothly without any volume caps. Let our staff of processing industry veterans find the solution that's right for you.