Top 4 High-Risk Processors for Risky Businesses

Friday, April 15th, 2022

A high-risk merchant account is an account that is underwritten by a bank that specializes in processing high-risk payments. High-risk merchants usually include businesses that deal with large amounts of cash or process payments online (including eCommerce and MOTO) where fraud and chargebacks are more likely.

Examples of high-risk merchants include:

High-risk merchants include the following industries:

• Gambling and gaming
• Adult entertainment
• Credit repair
• Pharmacy (online)
• Forex trading
• Online dating services
• Travel and airline companies

CBD oil, tobacco, and vape companies are also considered high-risk.

Top 4 High-Risk Processors

1. eMerchantBroker

eMerchantBroker is a leading provider of high-risk merchant accounts and eCommerce services. As a full-service ISO and member service provider, eMerchantBroker specializes in fast and secure payment processing for high-risk businesses. The company offers retail, mobile, ACH, and high-volume merchant accounts to its clients.

The company provides the following products and services:

• Customized Merchant Accounts
• Aggregated Merchant Accounts
• Third-Party Payment Gateways
• EMV Terminals
• Payment Processing Services
• Mobile Processing Solutions
• ACH Check Processing Solutions
• Fraud Protection/Security
• Recurring Billing Services
• Shopping Cart Integration/API

eMerchantBroker also offers recurring billing services for businesses that prefer that model.

2. Instant bill

Instant bill is one of the high-risk processors that are recognized to offer a very reliable online payment technology. They are a certified PCI compliant gateway with state-of-the-art technology that is intended to protect the data of their customers. This payment processing company offers different types of accounts for business owners and entrepreneurs so that they can choose what will best meet their needs.

3. Allied Wallet 

Allied Wallet is an international payment solution that allows high-risk merchants or businesses to process payments from all over the world through different channels such as credit cards, checks, local bank transfers, and even mobile payments. It also has an eWallet program designed to help individuals and businesses receive payments from other countries in various currencies.

4. Pay Cut

Pay Cut is an e-commerce platform that is ideal for both large and small business owners. The company offers a merchant account that can be used by any merchant who wants to accept credit card payments online. They also provide technical support when you need it so that you can focus on growing your business instead of worrying about how to make things work.

Last Words

These high-risk processors believe there is no such thing as a bad merchant. They understand that some businesses are deemed high risk because of the nature of their industry, not because of their business practices. That’s why they work hard to secure a variety of merchant accounts that fit the needs of each and every merchant who applies with them.