Best 5 High Risk Merchant Account Providers UK for 2020

Friday, May 29th, 2020

Increasingly, credit-card payments are becoming more and more popular among people worldwide. The COVID-19 virus created a situation where people and businesses had to rely on online payment-processing options. By knowing the best merchant account providers UK, you can pick the right payment-processing service for your business needs. Let’s see how you can do this without challenges.    

Best High Risk Merchant Account Providers UK

Risky businesses need to apply for high-risk merchant accounts instead of traditional or standard ones. If you wonder who can help you with making the right choice concerning high-risk processors, consider working with BestPaymentProviders.co.uk, a reliable comparison expert.

Best Payment Providers UK is committed to providing the most trustworthy review of merchant account providers UK by paying exceptional attention to terms, complaints, and integration.

Let’s go through some of the best five high-risk processors in the country:

• Worldpay

Advantages:

• More than 200 transactions per second
• You can get up to 90% of bank transfers in your account after 24 hours
• Offers increased scalability and is fit for high-risk businesses of all sizes

Disadvantages:

Small businesses may find some pricing options higher.

• Instabill

Advantages:

• Advanced services to manage risks
• Multiple options for online/over-the-phone card payments

Disadvantages:

Is based in the US.

• ccNetPay

Advantages:

• You won’t have any caps on the card payments you’ll need to accept
• Not only online but also offline merchants can apply

Disadvantages:

You’ll need to wait for 1-2 weeks to get approval

• Credit Card Processing Specialists 

Advantages:

• Free credit-card terminals
• Lowest rates
• BBB-accredited
• No long-term contracts

Disadvantages:

Draw a parallel with other options before making your final decision.

• Global Payments

Advantages:

• Customised pricing
• 24/7 customer support
• POS Device
• Customisable contract length
• Fraud 3D protection

Disadvantages:

• No free sign-on options
• No free cancellation

There’re certain businesses labelled as high risk due to specific features. If you’re one of them and need to process transactions over the internet, you’ll need to obtain a merchant account for high-risk businesses. You can do this fast and easily if you work with a reputable comparison expert in the country.