List of high risk merchant processors in 2019. This is a popular topic as more countries open up to new services. High-risk merchant accounts are a subset of financial services that allow firms to receive card payments from clients. 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 options in processors, plus raised fees and strong binding contracts. Being labeled as high-risk sounds bad. But in some cases, it can be your only option. We have been discussing about multiple aspects of the high-risk merchant account business for many years and have probably reached on most, if not all, of the most important problems. Here are some more advices on high risk merchant account processing.
High risk credit card processor : CardMax Payments offers flexible accounts, easy set-up, and competitive pricing. Relationships with more than 30 domestic and international banking providers help CardMax provide exceptional service and support.
Many financial processors do business only with with low-risk businesses, who they see as a low risk 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 not possible for commerce merchants to operate without receiving payments from credit or debit cards. Before you can take “plastic,” you need a payment processor who acts as a link between you, banks, and credit card networks. Read more info at High risk merchant account pharmacy.
Host Merchant Services is a Newark, Delaware-based merchant account provider that is well-suited for most general business types as well as domestic high risk merchants. The company’s products and services include point-of-sale solutions (with specific packages for the restaurant, salon, professional service, and contractor sectors), online marketing tools, an online payment gateway and virtual terminal, mobile credit card processing, gift and loyalty programs, merchant cash advance, and offshore merchant accounts. Host Merchant Services specializes in e-commerce businesses and provides a free website and email address to new merchants who require them. The company has received exclusively positive feedback on public forums, with most reviewers singling out the company’s customer service for praise.
We worked with all of the high risk credit card processors, to be able to compare and a very good pick is iPayTotal. They cover all business types, have a huge experience in the business, fast customer support and low fees.
We work with a highly experienced and well-educated team, with more than a decade of experience in the industry. Our main aim is to secure our clients from fraud services and provide them with the solutions which other normal banks refuse to provide. We are dedicated to value our customers more than they demand. We offer these solutions in integrated packages that will perfectly adjust to your company card payment requirements. We process for both low-risk and high-risk merchant accounts. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.