It’s difficult to find quality bank card processors for top risk business types. Many large processing account providers will refuse to process transactions for top risk businesses, which limits your options that are offered to hard-to-place merchants. With few processors to pick from, merchants can see themselves simply signing up with the first provider that will accept them as an alternative to looking around and searching for reputable, high risk credit card processor specializing in dangerous merchant accounts. This can lead to headaches in the future, as high risk merchants are especially at risk of chargebacks, fund holds, excessively high rates, or placement around the TMF/MATCH list.
To help you find the correct provider for your personal business, we’ve compiled the following list of the very best heavy risk credit card merchant account providers. Every one of these processors will be able to place a wide array of heavy risk business types, but we’ve included a certain set of industries that every provider serves to help you narrow your quest to companies that satisfy your business needs. Legal and banking regulations are constantly shifting, so these industry lists should basically be considered current by this article’s publication date.
Based in Woodland Hills, California, these are a credit card merchant account provider that focuses on serving heavy risk business types. The company’s goods and services include point-of-sale solutions, cellular phone swipers, an internet payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash advances. They dexspky58 a devoted account rep for all new merchants to the lifetime of the account. The corporation has not received any negative complaints on consumer forums, and it customizes its pricing in accordance with each merchant’s business type and processing history.
Together with having significant experience working with high-risk merchants, these providers also maintain positive reputations among merchants and are recognized to offer fair pricing and quality customer support. Remember, the simplest way to ensure that you receive quite a lot on the high risk merchant card account is to contact multiple providers and compare their pricing and service packages.