High Risk Merchant Account

high risk merchant account

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      To make sure that your customers can pay in ways that are most convenient for them, a business needs a merchant account with a payment processor.

      Whenever businesses want to open a merchant account, the banks or other financial institutions they go to with the request will assess how much of a risk their particular business poses.

      Depending on whether they are deemed to be a high-risk business or a low-risk business, they will have different offers presented to them, and sometimes none at all.

      By choosing Payment Savvy, you can have a high-risk merchant account instant approval. Check out our beneficial offer!

      CALL US 1-866-303-2558

      WHO NEEDS A HIGH-RISK MERCHANT ACCOUNT?

      High-risk merchant accounts are business accounts opened with payment processors by entities that are more likely to have a higher return or chargeback ratio or are at a higher risk of fraud.

      You may also need a high-risk merchant account because your business is fairly new and doesn’t have a long payment processing history. Our experts are here to help you and advise you whether you need this service or other payment solutions.

      WHAT WILL YOU GAIN FROM A HIGH-RISK MERCHANT ACCOUNT?

      Although the term “high-risk” often brings on a negative connotation, the truth is that having a high-risk merchant account can actually be very beneficial to you – especially if you have no way of getting a regular merchant account, be that now or in the future (e.g. because of the industry you work in).

      The benefits of a high-risk merchant account include, but are not limited to:

      • the ability to accept more payment methods than low-risk merchants, including cryptocurrency
      • higher acceptable chargeback ratio
      • less chance of your account being terminated
      • more freedom in terms of services and products you can offer to customers
      • fewer restrictions when it comes to international transactions and foreign currencies

      WHY CHOOSE US AS YOUR HIGH-MERCHANT ACCOUNT PROVIDER?

      Instant Approval

      24/7 Help

      The Best High-Risk Merchant Account

      We work with many different industries and offer high-risk merchant account instant approval even to those businesses that would be delayed or rejected by other institutions. Our team of expert advisors is on call 24/7 and 365 days a year to help you get set up with payment services. Contact us to find instant help! As our high-risk merchant account service has been designed and developed by a team of knowledgeable and experienced specialists, it is perfected in every detail and can be tailored to your specific needs.

      WHO DO WE WORK WITH?

      We are open to working with any organization and company that falls into the following categories:

      • Servicing customers prone to fraud or returns,
      • A negative perception of the industry as a whole,
      • Relatively high chargeback rate (over 1%),
      • High traffic with large ticket sales,
      • Start-up organization,
      • Heavily regulated industry,

      CONTACT YOUR BEST HIGH-RISK MERCHANT ACCOUNT PROVIDER

      At Payment Savvy, we are high-risk merchant account experts and have tailored our products and services to cater directly to these businesses.

      Our combined 30 years of experience allows us to confidently offer a distinguished service with both integrity and great value.

      We offer a custom and modern payment processing solution; whether you are in need of a credit card, debit card, or ACH payment portal, we have a proven, compliant, and secure merchant service to meet your organizational needs.

      Contact us to get more information on our high-risk merchant account service and start your beneficial cooperation with Payment Savvy!

      CALL US 1-866-303-2558

      Chad Deatherage

      Chad Deatherage

      Chad is a serial entrepreneur and founded Payment Savvy in 2011 armed with the goal of providing high-risk establishments with a pioneering and tailored payment processing solution that allows them to flourish. Having decades of knowledge in the financial services and debt recovery industries, he ensures every client receives the same level of expertise, resourcefulness, and strategic vision no matter the size of the organization. Always willing to push the envelope, Chad’s forward-thinking and leadership skills are responsible for Payment Savvy being on the map as an industry-leading payment processor.