What is a high risk Merchant Account?

Many high risk merchants looking for merchant accounts to process credit cards / ach transactions may find it a difficult process. Go Payment Pros specializes in providing merchant accounts to businesses that have been classified as high risk by a merchant processor. A merchant processor will consider a merchant account high risk for a variety of reasons, some of which include:

  • High chargebacks or a rapidly increasing number of chargebacks.
  • A previous merchant account termination or application denial by a Merchant Processor
  • High Risk industry such as adult entertainment, online pharmaceuticals or debt collection (and more)
  • Poor credit scores and bad credit businesses
  • Offshore business operations
  • International merchants conducting business into countries other than where they are based
  • The list goes on!!!

High Risk Industries

If you are running a business that falls into one of the high-risk merchant industries, then your company may have been categorized as a high-risk merchant. Usually, the companies that are classified as high-risk merchants are forced to get merchant processing through offshore or shared hosting accounts. Many e-commerce and on-line merchants are labeled as high risk by processors, despite the fact that their traditional merchant operations aren’t high risk.

High Risk Offshore / International Merchant Accounts

If you are a US merchant doing business overseas or a merchant looking to do business into the United States and need a merchant account, Go Payment Pros will help you to open your offshore merchant account. To keep things simple and convenient for you, we are always available for one-on-one risk merchant telephone or in-office sessions to go over any aspect of the high risk merchant application, approval process or risk account characteristics.

Go Payment Pros will help you o open a reliable offshore merchant account, including merchant accounts accepting multi-currency payments and completing customer transactions in multiple currencies.

High Risk Merchant Account Rates & Reserves

While we know that high risk merchant accounts typically are charged high rates, we can help you find lower rates for your high risk credit card processing account. And if a merchant processor has decided you are high risk due to increased chargebacks, we can help you to find the merchant processing account services you need. And because most high risk merchant accounts have merchant reserve requirements, we will help you to understand the merchant reserves and then to analyze the full financial effect of your risk merchant account proposals. So whether you have had a merchant account terminated by your merchant processor due to excessive chargebacks or had a previous application denied, we will work to get your merchant account approved and your company back to accepting credit cards.

Getting A Reliable High Risk Merchant Account

If you are a new business start-up, an online merchant or a recently terminated merchant who is having trouble getting a risk merchant account, call us immediately at 888-399-7058 and we will start working with you. In most cases we can have your completed merchant application with all your supporting documentation filed with our in-house underwriters on the same day with approval notification coming within the next 24 – 48 hours. So if getting a reliable merchant account is a problem, consider Go Payment Pros your merchant account solution.

Low Credit Score or High Credit Risk

In the case where a principal’s low credit score is making it difficult for your business to obtain a credit card processing merchant account, Go Payment Pros can help. If you accept customer payments via swipe card machine, online through an e-commerce gateway or via telephone or mail order, we can help you to get an account and many times at comparable merchant rates. If you think your business has bad credit, contact us and we’ll be happy to help.

Go Payment Pros accepts Startups, Trials, No Processing History Required!!! 

In a day that more and more banks are shying away from the risk, Go Payment Pros has continued to fight for our clients to stay profitable. Go Payment Pros can place you High Risk Merchant Account with all the risk factors in mind.  We don’t just place accounts, we help keep them alive.  Call Go Payment Pros today and see the difference in true High Risk Payment Processing.

Some of our Accepted Merchant Types

  • Antique Collectibles
  • Apparel
  • Auto Parts
  • Computer Hardware
  • Cosmetic Jewelry
  • Electronics
  • Fine Jewelry
  • Greeting Cards
  • Home Furniture
  • Import/Exports
  • Online Retail
  • Pawnbrokers
  • Pet Supply
  • Restaurants
  • Storage Facilities
  • Wines
  • Call Blocking
  • Continuity (free trials)
  • Direct Response
  • E-Commerce Startups
  • Lottery Pools
  • Marketing-Advertising
  • Matrimonial Services
  • Membership Sites
  • Multilevel Marketing
  • Multimedia Streaming
  • PPI Claims
  • Scholarship Programs
  • Social Gaming
  • Tech Support
  • Telemarketing
  • Ticket Agencies
  • Astrology
  • Business Consulting
  • Car Services
  • Contractors
  • Extended Warranties
  • Gun Parts
  • Magazine Subscriptions
  • Moving Companies
  • Parking Garages
  • Penny Auction
  • Peptides
  • Satellite TV Repair
  • Ticket Agencies
  • Website Design
  • Binary Options
  • Bitcoins
  • Collection Agencies
  • Credit Repair
  • Debt Consolidation
  • Financial Aid Counseling
  • Financial Services
  • Forex Trading
  • Insurance Brokers
  • Medical Collections
  • Payday Lenders
  • Scholarship Programs
  • Stock Trading
  • Tax Services
  • Cigars/Tobacco
  • E-Cigarettes
  • Law Firms
  • Personal Injury
  • Pre-Paid Legal
  • Bus Charters
  • Hospitality
  • Timeshares
  • Travel Agencies
  • Travel Visas
  • Beauty Products
  • Continuity (free trials)
  • Health Club Memberships
  • MOTO Pharmacies
  • Nutraceuticals
  • Online Pharmacies
  • POS Pharmacies
  • Weight Loss
  • Fantasy Sports
  • Online Casinos
  • Online Gambling
  • Online Gaming
  • Online Poker
  • Adult
  • Adult Videos
  • Dating Websites
  • Escort Services
  • Toys
  • Educational Software
  • Mobile Apps

If you don’t see your business type on this list or are unsure of what type of business you would be classified as don’t hesitate to give us a call!  Picking the correct business type is imperative in your merchant processing needs.