It’s hard to find quality visa or mastercard processors for high risk business types. Many large credit card merchant account providers will refuse to process transactions for top risk businesses, which limits the alternatives that are available to hard-to-place merchants. With so few processors to choose from, merchants can find themselves simply registering with the first provider that may accept them as an alternative to looking around and looking for reputable, high risk merchant account that specialize in high risk merchant accounts. This leads to headaches down the line, as high-risk merchants are particularly susceptible to chargebacks, fund holds, excessively high rates, or placement around the TMF/MATCH list.
To assist you to find the appropriate provider to your business, we’ve compiled the next selection of the very best high risk merchant account providers. Each one of these processors is able to place a wide array of high-risk business types, but we’ve included a unique selection of industries that each provider serves so that you can narrow your research to companies that suit your company needs. Legal and banking regulations are constantly shifting, so these industry lists should only be considered current as of this article’s publication date.
Situated in Woodland Hills, California, they may be a merchant account provider that are experts in serving high risk business types. The company’s services and products 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 for your lifetime of the account. The business has not received any negative complaints on consumer forums, and yes it customizes its pricing based on each merchant’s business type and processing history.
Along with having significant experience dealing with dangerous merchants, these providers also maintain positive reputations among merchants and are known to offer fair pricing and quality customer care. As usual, the easiest way to ensure that you receive a good deal in your high-risk merchant card account is always to contact multiple providers and compare their pricing and repair packages.