Low risk merchant processor. Our high risk merchant accounts provide: EMB is the #1 solution for high risk merchants offering all-inclusive payment processing solutions for every kind of business with a 99% approval rating. Low risk merchant processor

 
 Our high risk merchant accounts provide: EMB is the #1 solution for high risk merchants offering all-inclusive payment processing solutions for every kind of business with a 99% approval ratingLow risk merchant processor This means, there is ongoing risk monitoring that is associated with all low-risk merchant accounts

It provides payment processing solutions to low-risk and high-risk businesses. Examples of high risk merchants are telemarketing, adult and travel related industries. In the event that you’re considered a high-risk merchant, you’ll have to pay a premium. Leaders Merchant Services – An established online payment processor with negotiable rates. Learn More . Stripe: Best for owners of multiple businesses and brands. 5 To ensure effective risk management, banks that initiate transactions for processors should require the processor to provide information on their merchant clients such as the merchant's. 2 2. Typical Costs for Credit Card Processing. Low risk merchant account include online apparel stores, bookstores, pet supplies, retail shops, parking garages, and more. High risk merchant accounts come with higher transaction fees, stricter underwriting requirements, rolling reserves, and limited processing options. On the flip side, there also are low-risk merchants which usually exhibit the. Not the best credit card processing option for low-volume businesses; 7. Categories within the VIRP: Low-Risk Merchants: Low-risk merchants are. Low risk industries are generally those that have a low incidence of fraud and chargebacks, and as a result, they typically pay lower processing fees and have fewer restrictions on their accounts. Many companies consider this to be having a merchant account. Standout Features. 20. Higher risk accounts may have to implement more stringent verification processes or pay higher transaction rates in order to accept payments. Customer support for point of sale (POS) transactions. A high-risk merchant account is a type of business account offered by a payment processor or a bank, designed specifically for businesses deemed “high-risk. Helcim is a fantastic choice for small businesses looking for low rates and no monthly subscription fees. A subsidiary of Visa, Authorize. Average transaction of $500 or more. Corepay is a newly established merchant account provider that accepts both low-risk and high-risk merchants. Zero or low chargeback ratio. Based on our evaluation of 26 data points and our rate calculations, the cheapest credit card processing companies for small businesses are: Cheapest overall: Helcim. But companies like PaymentCloud can help you find competitive processing rates. Reading Time: 8 minutes The vape and e-cigarette industry is nothing short of electric. Host Merchant Services offers true month-to-month billing with no long-term commitment to all low-risk businesses. Why Are We #1? Because every client gets three guarantees (whether you sell online, over the phone, or in a retail location): Instant Online Quote. merchant accounts), you’ll typically need to process $5K-$10K in monthly. Helcim: Best for lowest ACH payment rates. This assessment may be based on the nature of the business, the. FOR EXAMPLE Pharmacy A merchant provided MCC 5977. Adult merchant processing coverage extends to online dating sites, strip clubs, adult bookstores, toys, and pornographic websites that require membership. Read on for three of the best high-risk merchant accounts for WooCommerce, along with other helpful information. Processing costs for all payments will often be increased and, in some cases, double those of low-risk account holders. Here are the types of businesses that can benefit from a high-risk merchant account. PAYARC – Offers the best payment gateway for processing international transactions. However, choosing a credit card processing provider is a big decision. Stripe. If you can limit your chargebacks, you should find that more payment processors accept you as a low-risk merchant A business that accepts credit cards for goods or services. Take note that every payment processor will have different guidelines to determine whether a business. 95 to $69. But the type of fee structure and monthly fee will ultimately have the biggest effect on lowering your credit card processing fees. Visit Site. With most buyers inclined to pay with a card, a Spanish merchant account is a no-brainer for businesses that want to keep their products and services accessible. Validate your high-risk Level 4 merchants’ compliance with the PCI DSS. The Best Payment Gateways of 2023. Low-risk accounts usually benefit from lower prices because they demand less work from payment processors. ProMerchant – Provides the best zero-cost processing bundle program for retail and restaurants. This high level of chargebacks means merchant account processing will require more work, resulting in higher fees to cover these expenses. Accepts both High and Low risk merchants. Excessive chargebacks are a prime reason why merchants are denied payment processing services. Doesn’t matter whether your business model is classified as high-risk; if you have a bad credit score, you have to go for the high-risk merchant account, high-risk payment processors and high. High-risk Payment Processing for Your High-risk Businesses Nov 30, 2022 Explore topics Workplace Job Search. 1) Interchange fees are generally a small percentage of the total fee a merchant pays to process a credit card or debit card. Just as importantly, the criteria that determines what low-risk is needs to be addressed. Not to mention, it has an A+ BBB rating so you know it's a trusted brand. As such, all high-risk merchant accounts registered under the company come with iSPY and EMV 3D Secure 2. Even low-risk merchant account fees vary widely. Standout Features. Here are the major differences between low risk and high risk merchant accounts. Credit Card Processing Reviews. com has dealt with all types of merchant accounts, credit card processors, high chargebacks, low chargebacks. What Underwriters Look For When Approving European Merchant AccountsHigh Risk & Low Risk Merchant Accounts. Credit Card Processor Reviews; High Risk Merchant Account Reviews; Mobile Processing App Reviews; Online Payment Processor Reviews; Credit Card Reader & Terminal Reviews;. Moreover, this article will explain how high risk merchant accounts can be and. A high-risk merchant account is a special type of payment processor created for businesses with a higher risk of chargebacks and fraud. by Roenen Ben-Ami. Low-Risk Merchant Accounts. PayDiverse offers multiple services aimed at helping businesses both new and existing, ranging from chargeback management, to secure credit card processing, fraud prevention and ACH processing. Merchant One is the best credit card processor with easy and fast approval due to its 98% approval rate. Traditional banks and merchant account providers are well aware of these high-risk industries and refuse to work with them. Application: The business applies for a high-risk merchant account with a specialized payment processor that specializes in high-risk businesses. Features of an Excellent Gun-Friendly Payment Processor. SMB Global exclusively deals with high-risk and international businesses. An application form is needed to be filled online to get a high-risk merchant account. Each merchant service provider received a rating based on over 50 data points. Subscription-based companies that. When it comes to low risk merchant accounts, typically the reoccurring monthly fees are low or minimal, but that is not the case with a high risk credit card processing merchant account. Merchant One is the best credit card processor with easy and fast approval due to its 98% approval rate. 1 1. An offshore merchant account is a type of bank account specifically designed for businesses outside their home country. 95. Most customer reviews praise the lack of fees and the ease of processing. Square credit card processing is a useful service for low risk merchants. 3. 16. Select A High Risk Merchant Account If an account has been opened under false pretenses or the business model is deemed high risk after the fact, expect the account to be closed. Merchant One offers a strong slate of features. No offline paperwork, no faxes, no waiting. High-risk companies are having a greater rate of possible chargebacks and. We believe that business owners who keep their accounts in good standings deserve something better. A lot of standard merchant accounts have no contract. Helcim: Best For Growing Businesses. So you might think you're avoiding the high-risk/low-risk merchant account issue, but to Square and the others, every account is a high-risk account and gets treated accordingly. Soar Payments — Best for. Merchant One’s competitive rates range from 0. Although they’re expensive, they allow companies that would otherwise have to operate on a cash-only basis to accept credit and debit cards, ACH transfers, and other payment methods. Helcim: Best For Growing Businesses. Besides high-risk merchant account providers, there are low-risk merchant account suppliers. Step 5 – Monitor Your Monthly Credit Card Fees. This means, there is ongoing risk monitoring that is associated with all low-risk merchant accounts. Low risk accounts also use a single form of currency in all of their transactions (payments or otherwise). Average transaction of less than $500. You might get a rate of about 0. The criteria that determines what low-risk is, needs to be. Payment Cloud. Host Merchant Services: Best Nonprofit Credit Card Processor For Great Customer Service; 7. This can work in-store and online. 5 Cheapest Credit Card Processing Companies In 2023. These risks could range from a high likelihood of chargebacks and fraud to legal. If a merchant has. o flag high risk merchant accounts, payment processors will often use your tax information, business financials, and a credit check to determine whether you fall into that category. A voided check, or other proof of bank accounts such as a signed bank letter or barring that, your bank’s routing number and your bank account number. 0 bn market size for 2023 and projected growth of 1. It accepts payments via various methods including credit/debit cards and ewallets, and offers merchants the Card Machines for POS, mobile, or virtual payments. High-risk merchants will pay significantly higher fees to their acquirer for the right to process cards. When a merchant is processing too much in a given month, it can be a red flag for fraud or incoming chargebacks. Durango Merchant Services: Best For High-Risk Merchants. Maximize approval ratios based on your target customer base. 1. The industry is low-risk overall. 10 best practices for secure online payment processing. At Payment Savvy, we are high-risk merchant account experts and have tailored our products and services to cater directly to these businesses. The term bad credit merchant account simply means a merchant. High-risk transactions refer to credit card payments associated with significant risks of chargebacks, fraud, and other potential issues, like money laundering. Payment processors have different guidelines but have common factors around their market. PayPal: Best For Seasonal Or Low-Volume Businesses. The first difference between high and low-risk merchant accounts is the application process. 5. Meet the financial technology platform. Each credit card payment platform is unique, but high-risk merchants will face higher rates across the board. Some examples of low risk industries for credit card processing include: Retail: Physical stores that sell tangible goods, such as clothing or. 3. PaymentCloud: Best For Nonprofits Considered High-Risk; 5. Despite having their own set of rules to determine a high-risk merchant, there are a few common differences between the two. High risk merchant processor highriskpay. High Risk Merchant Account – Get Approved in Under 24 Hours. National Processing is a fit for small businesses that want to work with a traditional, low-feature payment processor in exchange for significant savings on fees. Find a high-risk processor who will accept you as you are. A subsidiary of Visa, Authorize. 8 Cheapest Credit Card Processing Companies & Low-Cost Merchant Services. has a solution for you through our direct merchant processor and gateway partners, we can provide you with end-to-end payment processing and merchant services. 95, depending on your plan. First, the payment processor’s own internal approval process. 17 According to the article entitled "Merchant Acquirers and Payment Card Processors: A Look Inside the Black Box," authored by Ramon P. High risk merchant account fees. Fees are the main tangible difference between a high and low risk merchant account. Due to the perceived financial risk to banks and processors, your business might be asked to “freeze” a portion of your profits with a merchant account reserve. Often called wholesale or base fees. PAYARC: Best for Businesses Looking for Flexible Plans With Same-Day Funding 2. But companies like PaymentCloud can help you find competitive processing rates. Seek Out Alternative Payment Processors. Provides merchant accounts to high-risk businesses, such as those that have elevated rates of credit card fraud or chargebacks, or those that sell age-restricted products. A low-risk account may see a processing rate of 0. Industry is considered low risk e. Although these profits are returned in. ColorCo is comprised of only true industry experts who have 10+ years of industry experience. A high-risk business is one that is considered by banks and low-risk processors as most likely to fail financially. com – High risk merchant accounts are more susceptible to fraud and chargebacks than low-risk accounts. Vape and E-Cig Merchant Accounts. Unsurprisingly, their business indeed sells fireworks, which are associated with higher risk. Ideally, keep your average credit card charges below $500. Businesses that need a regular cash flow can request same-day funding for no extra fee. They’ll review. The best credit card processing companies of 2023 include SquareUp (best for small businesses) and Stax (best for subscription-based pricing). Primary business location is in low-risks regions, such as the European Union, United States, Canada, Australia, Japan, Singapore, or South Korea. This merchant account allows the business to accept card payments but will come with additional requirements and fees. For example, its rating on Google is 4. Whether you are considered a high-risk or low-risk merchant, CTI Processing, Inc. INT + 0. Same-day funding. As with Square’s extremely popular services for low-risk businesses, the company fully discloses all prices for its CBD program on its website. When a merchant is processing too much in a given month, it can be a red flag for fraud or incoming chargebacks. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. 95 per month, plus low processing rates. Merchant One is the best credit card processor with easy and fast approval due to its 98% approval rate. Furthermore, if the merchant sells tangible products, the merchant must have a supplier agreement. 3/5 based on more than 15 reviews. Some are top-rated third-party processors suitable for low-risk businesses, though we also included a couple traditional merchant account options that offer same. Low-volume processing: For small and mobile businesses,. Retail, Point of Sale (POS), Wireless, Portable or Internet and Online. In most cases, if the Merchant is from a low-risk industry and is from china, the rates may be in the format of Intechange++(Fee*). Merchant Funding. Durango Merchant Services has been in the payment-process game for over two decades. Interchange fees are set by Visa, Mastercard and other card brands. Revitpay is an inclusive credit card processor that serves both low-risk and high-risk companies. They were re-assigned to the more-accurate MCC 5999. PAYARC – Multiple cash discount programs and robust support for international payment processing. new merchant, low credit score, and high risk industry. All merchants are responsible for paying certain fees in order to process credit card payments. Standardized fees so you’re never surprised by a higher-than-usual cost. High-risk merchant accounts are assigned to a business for a number of reasons, some of. Finding the best ACH payment processing companies for your small business often comes down to selecting a reputable company that can provide both ACH and credit/debit card processing in a single package. 1. 06. If a business is at a higher risk of fraud or chargebacks or falls into specific sectors, such as subscription eCommerce, it must obtain a high-risk merchant account to accept card payments. Leaders Merchant Services: Best ACH Processor for New Businesses 2. - Advertisement -. The Highs and Lows of Processing- Part 2: Low Risk | National Merchants. Whether you are looking for high-risk merchant processing services or a low-risk merchant services, it all comes down to risk. Visa, MasterCard, American Express, and Discover all have different merchant processing fees. But the type of fee structure and monthly fee will ultimately have the biggest effect on lowering your credit card processing fees. PaymentCloud: Best For High-Risk eCommerce. Credit repair works for many consumers. It is the acquirer’s responsibility to monitor a merchant’s compliance and ensure that High-Risk Merchant Account vs. Payment Savvy is the leading high-risk merchant processor offering low-risk mainstays – transparent and fair pricing, no contract terms, and 5-star customer service. Whether you’re new to e-commerce or have been in business for years, we provide answers to your merchant account needs. Low risk industries are generally those that have a low incidence of fraud and chargebacks, and as a result, they typically pay lower processing fees and have fewer restrictions on their accounts. By. These Are the Best Online Payment Processors in 2023. Solutions for High Risk Businesses. Low-risk merchants are: Transaction volume is deficient (less than $20,000/month). Because these companies don’t want risk, they won’t work with some industries. Seamless Integration. This article examines what a high-risk payment processing/merchant account means and the businesses needing one. Payment cloud is one of the most popular payment processors specializing in providing high-risk businesses approved for a merchant account. Here are the best international merchant services that provide international payment processing, international payment gateways, and international merchant accounts for a variety of circumstances. We carefully combine high-quality services with low prices to further our goal of becoming the leading high-risk merchant account provider in the country. PaymentCloud – Surcharging. Authorize. We understand the unique needs of the varying types of adult businesses. Some examples of merchant services providers include Helcim, Square and Stripe. Part 1 of this article talked about what criteria determined whether or not a business fell in the high risk A merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. 9% this year. Aggregators are playing the safe game and want low-risk merchants with low-risk transactions. KIS Payments: Best For Cash Discounting. Some examples of low-risk merchant accounts are gas stations, grocery stores, pet stores, auto part stores, and parking garages. Low-Risk Merchant Accounts. Accepts high-risk merchants. When it comes to merchant accounts, there are high-risk and low-risk businesses. WRITTEN & RESEARCHED BY Frank Kehl Senior Staff Writer Last updated on October 12, 2023 REVIEWED BY Jason Vissers Senior Staff Writer Stripe: Best for customizing checkouts. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. We won’t penalize you for being profitable, and we will help maintain your account stability. With over 10 years of high risk experience and more than 15 different banks, we are one of the fastest growing high risk credit card processing providers in the. A low-risk merchant account needs to meet many requirements, including a smaller number of transactions, low chargebacks, and low revenue. PaymentCloud Top Rated Credit Card Processor for High Volume Merchants. High-risk: A high-risk merchant account is intended for online businesses with a high percentage of chargebacks and returns. Just as importantly, the criteria that determines what. 3. Online transactions are susceptible to fraud. Higher Processing Costs. Here are the best ACH processing companies, including providers like PaymentCloud,. Shopify: Best For eCommerce Businesses. How Are High-Risk Accounts Different From Regular Ones. Low-risk Merchant Account. The application process for a high-risk merchant account. Visit Site. Average transactions below $500Learn about high-risk merchant services & your 6 top options. PaymentCloud: Best For High-Risk eCommerce Businesses. They were re-assigned to the more-accurate MCC 5999. Low Risk Merchant Account. Listed below are just a few tips to help clarify the process of selecting a merchant payment processor. PayPal: Best for range of accepted payment types. The primary aspect that qualifies your business model in a high-risk vertical. In general, low-risk merchant accounts can negotiate better pricing terms and access lower processing fees per transaction. SMB Global is a merchant service provider partner of Payline Data, a popular and reputable low-risk processor. Bespoke Bancard Solutions specializes in payment technology and merchant services. Shopify: Best for. The consequences of being on the MATCH list are devastating, and many businesses cannot. 6% plus 10 cents, while the fee for a high-risk account might be 2. Durango Merchant Services has been in the payment-process game for over two decades. Payline Data: Best for subscription-based businesses. High risk industries require merchant accounts. In the meantime, if your merchant account was canceled due to risk factors, you should immediately look for a new payment processor that specializes in high-risk industries and merchants. 30% + $0. 5 in our rating of the. Often called wholesale or base fees. Overall, Shift Processing has a positive reputation online. HMS was originally a traditional merchant account provider that equips low-risk businesses with payment processor systems. Vape, Glass, CBD and Kratom Approved. However, the company specializes in serving the high-risk community, accepting a very wide variety of industries that ordinarily struggle to get approved for credit card processing. The following are some differences between low and high-risk merchant account that you should know: Low-Risk Merchant Account. A low-risk transaction is typically when a customer presents a charge card, which is physically swiped on the market premises to complete a purchase. On the other hand, high-risk merchant accounts deal with high-risk items like cannabis, tobacco, firearms, airplane tickets, virtual currencies, and pharmaceuticals. ProMerchant: Best ACH Processor for Flexible Pricing Options 6. When you submit your application, you’ll get an instant price quote to DocuSign. We offer a custom and modern payment processing solution; whether. Compare Quotes. Chase Payment Solutions Canada: Best Large, Direct Payment Processor. Low-Risk Fee:- Merchants are evaluated on a case by case basis, and the pricing is determined after analyzing multiple factors. Maximize approval ratios based on your target customer base. High Risk Vs Low Risk Merchants. 59% over interchange, while high risk rates tend to begin in the low 2% range. 05%-0. 1. Accepting payments online is a must for any business wanting to compete in the e-commerce market. Opting for a low-risk merchant account provides multiple advantages, such as lower. These are the unavoidable, base-level costs of processing credit cards. The fees for low-risk accounts, however, will be significantly lower than those associated with high risk merchant accounts. It is worth considering if you are an e-commerce business in a high-risk category in need of a high-risk merchant account. and low-risk businesses. The monthly fee starts from $9. The usual process involves approaching a payment processor and applying for a. - Load balancing feature for high risk merchants. Click any of the links above to begin comparing costs on merchant account services for your own business's. Leap Payments Agent/ISO program is specifically designed around getting your high risk merchants approved and keeping them open for the long run. Looking to reduce processing fees for your small business? Our list of providers with the lowest credit card processing fees will help you find your best option. 2) US Corporation. Regular low-risk payment processors place limits (for spend and currency) on card transactions that can hinder growth. The company’s EPD Gateway is its primary product, with merchant accounts provided through partnerships with numerous major US and international processors and banks. Stricter terms. When opening an online business, the best way to generate revenue is through sales. With high-risk merchant account processing, various factors can make issues about high-risk payments even more nuanced. 855-794-1134. 95% plus 25 cents and varies with the use of cards and transaction type. If you’re a low-risk merchant processing at least $10,000/month, it’s worth seeing if National Processing can offer you a better rate than your current merchant services provider. The Downsides Of Being Designated As High Risk. A high risk industry is a sector of business that banks categorize as riskier due to potential issues with their payment processing. Some of the most common businesses the platform specializes in include health and beauty, fantasy sports, financial and legal services, firearms, travel, tobacco and vape, SaaS, and. A high-risk merchant account is a business account or merchant account that allows the business to accept online payments though they are considered to be of high risk nature by the banks and credit card processors. High-risk enterprises are often new, have a history of credit problems, or operate in an area deemed contentious. Standardized fees so you’re never surprised by a higher-than-usual cost. The Best High-Risk Merchant Accounts of 2023. Your high-risk merchant account is different from a regular one in many. They will categorize your company as low risk in certain cases, such as when: Your business processes transactions worth less than $20,000 each month The average ticket size for your business is. Why Are We #1? Because every client gets three guarantees (whether you sell online, over the phone, or in a retail. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. PaymentCloud: Best overall. Chase Merchant Services: Best for fast deposits. Wave: Best For Independent Contractors. Moreover, you would require a trustable payment processor to receive credit card payments. Fireworks A merchant with the word “fireworks” in their name was assigned MCC 5399, a low-risk category. For example, businesses just starting up will likely be considered higher risk because they don't have a processing history. Third-Party Processors vs. 25% + $0. Credit card transaction that is less than average of $500; Minimized Returns; Less than $20000 processed monthly; Zero to low chargeback ratio (These are, for instance, low-risk shoes and clothes, baby. PaymentCloud – Perfect for high-risk online businesses that need personalized support. When it comes to low risk merchant accounts, typically the reoccurring monthly fees are low or minimal, but that is not the case with a high risk credit card processing merchant account. . Keep Your Average Credit Card Charge Low. Processors of financial transactions will evaluate your company and assign it to a “high risk” or “low risk” category based on their findings. MerchACT is a leader in UK high risk payment processing. In the United Kingdom, it is roughly 3. These are the unavoidable, base-level costs of processing credit cards. Customer support for point of sale (POS) transactions. Square: Best for businesses that are seasonal or process less than $10,000/month. We provide merchant account services for both low and high-risk businesses. The company partners with numerous banks and international processors to deliver seamless financial transaction services for both fiat and cryptocurrency payments. The ability to process credit card payments is a critical factor in your success. Your customer pays for your goods or services with a credit card using your POS equipment, a virtual terminal, or a mobile app. Low Risk Vs High Risk Payment Processing refers to the two categories of payment processing that businesses can choose from based on the level of risk associated with each transaction. Support for online sales. The other way that payment processing services hedge against risk is to require high-risk merchants to maintain. These are just some of the many dedicated merchant accounts High-Risk Processor offers. Stripe: Best for customizing checkouts. - Provides full service merchant accounts for high risk and non-high risk merchants. If you are a vaping merchant, you will need a. 5% to 3. On the one hand, a merchant might be considered high risk due to the business itself. Square. High-risk businesses can expect processing rates of 3. Forex and gaming merchants must also have relevant permits to use an European high-risk merchant account. If your business processes, transmits or stores card data, you must comply with the Payment Card Industry Data Security Standards (PCI DSS). 95% for normal merchant accounts. Our selection criteria evaluate cost, transparency, contract requirements, and features. Low-Risk Merchant Account. Read Full Story. Our high risk merchant accounts provide: EMB is the #1 solution for high risk merchants offering all-inclusive payment processing solutions for every kind of business with a 99% approval rating. Square: Best overall. Here is a list of the most popular payment providers in the market. Wholesale Merchant. 2. Merchants can easily make the mistake of choosing a low-risk processing option as they are very convenient, easy to get up and running, and great for low-risk processing. Merchants with recurring annual or monthly fees. Low risk or high risk — every business can benefit from a merchant account in Spain. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. No monthly minimum (low-risk accounts) Interchange + 0. High risk and low risk. The right processor supports your sales channels and offers pricing transparency. High-Risk Offshore Merchant Processing Account May 25, 2022 IPTV Payment Gateway For Website May 24, 2022. Property management companies processing monthly rental payments. Each Certified Payment Specialists have “been there and done that” hundreds - or thousands of times. Here are a few of. Each bank sets the rules and regulations for payment processors. Stax: Best Credit Card Processor for High-Revenue Businesses. These areas implement a strict security standard which is highly important to processors. INT + 0. Merchant accounts are available for businesses selling online apparel like clothing, footwear, accessories, jewelry, and bags. These risk tiers help Visa and payment processors determine the level of monitoring and oversight required for each merchant. 2. Transaction processing rates are notably higher than the company’s low-risk rates, but the lack of account fees makes it a great alternative to getting a traditional high-risk merchant account. The company has a positive reputation for transparent customer service and reliable support. Merchant Services: At a Glance. High-Risk Payment Processor Requirements.