Third party high risk merchant accounts
List of high risk merchant processors in 2019. This is a popular subject as more countries open up to new products. High-risk merchant accounts are a collection of financial services that allow companies to accept card payments from customers. Credit card processors assign merchants to one of two categories: high risk or low (normal) risk, based on a number of factors. High-risk merchants face reduced choices in processors, plus raised fees and stricter contracts. Being named as high-risk looks terrible. But in some cases, it can be your best option. We have been talking about various properties of the high-risk merchant account market for a very long time and have almost sure reached on most, if not all of them, of the most decisive problems. Here are some more tips on high risk merchant account services.
High risk credit card processor : Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. The company has a positive reputation for transparent customer service and reliable support.
A lot of financial service providers do business only with with low-risk businesses, who they see as a safer investment. That means businesses considered high-risk will have a very small selection of potential payment services to choose from. Any processor you approach will take a careful, detailed look at your business to determine if you fall under their definition of “high risk,” based on the financial risk your company represents. It’s practically impossible for commerce merchants to work without accepting credit or debit cards. Before you can accept “plastic,” you need a payment processor who acts as a link between you, banks, and credit card networks. See more details on Payment gateway for high risk business.
eMerchantBroker.com is a Los Angeles-based credit card processor that primarily serves high risk e-commerce business types. The company’s high risk processing services include chargeback dispute resolution, an online payment gateway, ACH processing, merchant cash advance, and MOTO processing options. eMerchantBroker.com 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.
We worked with all of the high risk credit card processors, to be able to compare and a solid pick is iPayTotal. They cover all business types, have a huge experience in the field, fast customer support and low fees.
Our goal is to have your account approved as soon as possible with the best rates. Typically within 5-8 days, your account is ready. Integrate your website with a selected payment gateway or use a Virtual Terminal to accept credit card payments. Tailor-made package includes an arrangement of a merchant account (MID) with one of our EU/UK or international acquiring banking partners, with an award-winning payment gateway service, reporting tools, integrated fraud-prevention, and free dedicated lifetime support. We bring transparency and standards to the high-risk payment processing industry, providing businesses with the most competitive deals in high-risk merchant accounts suited to their needs – not just for now, but long-term. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.