High-risk merchant accounts
Merchyt Service is your gateway to reliable high-risk merchant accounts. We understand the unique challenges businesses face in high-risk industries.
What Makes a Merchant High Risk?
Is your business in a sector like CBD, adult entertainment, vape, pawn shops, credit repair, or e-commerce? These industries often face higher scrutiny due to elevated chargeback rates and fraud risks. If you’re experiencing these challenges, you’re likely in need of a high-risk merchant account.
Common Reasons a Business might Need High Risk Merchant Accounts
Industry Type
Our eCommerce solutions cater to the digital shopping era. They offer secure and flexible payment options. Customers can easily pay using smartphones, desktops, or tablets.
High Chargeback Ratios
Businesses that experience high levels of chargebacks (when customers dispute a charge and the business must refund the money) are often classified as high risk. This is common in industries like travel, where cancellations are frequent.
Bad Credit History
A business owner with a poor personal credit history or a business with a bad credit score can be flagged as high risk. Financial institutions perceive a higher risk of fraud or non-payment in such cases.
High Average Transaction Value
Companies with a high average transaction value are at greater risk for chargebacks and fraud. Luxury goods sellers, for instance, often fall into this category.
Legal and Regulatory Concerns
Businesses in industries with stringent legal and regulatory frameworks, or those prone to legal disputes, might require high-risk merchant accounts. This includes industries like firearms, CBD, or legal services.
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Tailored Merchant Account Solutions
Our expertise lies in customizing merchant accounts to fit your unique business requirements. Whether you’re dealing in CBD products, adult items, or offering credit repair services, we ensure that your merchant account is perfectly aligned with your business model. Our integrated payment gateway supports stable and scalable credit card processing, preparing your online store for efficient and secure transactions.
High Risk Credit Card Processing
If your business is considered high-risk by credit card processors, due to factors like your product type, service, or brand reputation, you might face issues like account closures or fund withholding. Signs that you need a high-risk merchant account include frequent chargebacks and service termination by your payment processor. Choosing a high-risk merchant account is a strategic decision to keep accepting credit card payments smoothly. These accounts are designed specifically for businesses in high-risk sectors, offering stable and secure payment processing.
Why Merchyt Service Stands Out
We’re committed to providing you with secure, efficient, and reliable payment solutions that support the growth and stability of your high risk business
Specialized Expertise
Our team has extensive experience in handling high risk credit card processing, giving us an edge in understanding and managing the specific challenges of your industry.
Fraud Prevention and Chargeback Protection
Our systems are designed to minimize fraud and protect against chargebacks, keeping your business safe.
Rapid Approval Process
Our streamlined process ensures quick approvals, typically within 5-10 business days.
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“I have been using the Merchyt Service for my restaurant business for the past year, and I must say it has truly transformed the way we handle payments and customer transactions.
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Kevin Parker
Happy Client