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 collection of finance services that enable firms to receive 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 limited options in processors, plus raised fees and stricter contracts. Being named as high-risk sounds terrible. But in some cases, it can be your best option. We have been writing about various points of view of the high-risk merchant account business for many months and have almost sure reached on most, if not all of them, of the most decisive issues. Here are some more tips on high risk merchant accounts.
High risk credit card processor : HRMA-LLC specializes in high-risk merchant accounts and ACH processing for high-risk business verticals. They offer payment processing for practically every high-risk business type. HRMA-LLC offers fast approvals with no setup fee.
Many financial processors do business only with with low-risk merchants, who they consider as a safer investment. That means businesses considered high-risk will have a very small selection of potential processors 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 virtually impossible for commerce merchants to operate without having enabled as payment type the credit or debit cards. Before you can accept “plastic,” you have to use a payment processor who acts as a link between you, banks, and credit card networks. See more details on High risk payment platform.
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 did transactions on all of the high risk credit card processors, to be able to compare and a very good choice is iPayTotal. They cover all business types, have a large experience in the field, fast customer support and low fees.
Our banks have been selected to assist our customers to get the most secure high-risk merchant account solutions for their business sectors. We have chosen the banks with the highest integrity and methods, adding confidence to your payment processing solution, to get you the best transaction fees for high-risk sectors. We offer the kind of value and personalized service your business needs to get off the ground and grow. Our support team will work with you to identify the best merchant services and payment products to fit your needs. And, whether you have a question about your merchant account, need help with chargebacks, or have a question about your statement, our representatives are ready to help 24/7.Our team will prepare a solution tailored to your business. ?We combine the right technology with service and support to ensure you never miss out on an opportunity. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.