High Risk Merchant Accounts

What is a high risk merchant account?

When it comes to merchant services, mainstream providers and high street banks consider some businesses ‘high risk.’ This could be for a number of reasons, including the location of the business – whether it’s an offshore merchant account, for example – or if you’re operating in a high-fraud sector having experienced a number of chargebacks.

We will apply to the high-risk providers on behalf of our clients. Account providers generally refuse high-risk businesses; however, some offer high-risk merchant solutions.

Some industries that are often considered high risk include:

  • Travel agents - including timeshare or holiday clubs
  • Dating Services
  • Drug, supplement or herbal remedy shops
  • E-cig or tobacco shops
  • Payday loan companies
  • Gambling companies
  • Insurance firms
  • File or data sharing companies
  • Jewellers
  • Online auctions
  • E-wallets
  • Advertising services
  • Monthly membership/subscription based businesses
  • Debt management companies

Expert high risk merchant accounts tips and advice

We love to hear from you, so if you have questions ask away!! Our advisors are vastly experienced within high risk merchant account applications, and happy to share their tips and advice, we are waiting for your call.

0800 304 7875

The Difference Between High Risk
& Standard Services Accounts

When applying to a high-risk merchant services provider – do you apply to a dedicated high-risk provider, or is it that some providers cater to this market? You may be asked to provide additional information to the bank or mainstream provider as a security precaution.

This could include:

  • Travel agents - including timeshare or holiday clubs
  • Dating Services
  • Drug, supplement or herbal remedy shops
  • E-cig or tobacco shops
  • Payday loan companies
  • Gambling companies
  • Insurance firms

If providers regard your business as high-risk , there are still plenty of options available to you. It’s important to review the monthly processing fees as well as the additional security questions listed above.

At Merchant Advice Service we compare providers pound for pound, rather than focusing just on rate, ensuring you as clients receive the best deals from high-risk merchant account providers.

Speak to an Industry Expert

We are waiting for your call today.

0800 304 7875

High Risk
Payment Gateways

High-risk credit and debit card-processing works in a similar way to face-to-face payments. If you require a high-risk merchant account gateway some of the same restrictions you come up against with high street bank and mainstream merchant providers will apply. However some offer high-risk merchant accounts ensuring safety and security for both you as a company and your customers.

Often high-risk merchant providers view applications on a case-by-case basis, so it’s important you present your application effectively. At Merchant Advice Service we work with businesses to develop these applications to secure best high-risk merchant account possible based on the needs of your business.

Speak to our high-risk experts

When focusing on high-risk gateway providers in particular we have a selection of options available to our clients these who specialise in this area. We deal with successful high risk merchant account application for payment gateway for businesses on a daily basis and can give you up-to-date, relevant and, most importantly, impartial advice.

So whether you are search the market for a better deal or simply assessing your options, we have your high-risk payment processing needs covered! If you want to find out which is the best high risk merchant account provider for you, get in touch today for a no fee, no obligation quote.

Make a quick enquiry

Speak to us directly and get any questions you have answered. Submit your details and we’ll be in touch shortly.

Make a quick enquiry

Speak to us directly and get any questions you have answered. Submit your details and we’ll be in touch shortly.

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