Are you involved in a high-risk business? If so, you may already be familiar with the reputable High-Risk Merchant account provider, highriskpay.com. If not, prepare for an informative introduction!
High-Risk Pay is a private merchant account provider catering to companies in high-risk industries or those with a challenging financial history. Regardless of prior credit issues or industry specifics, the company specializes in offering offshore and high-risk merchant accounts.
Continue reading to explore more details about this company…
High Risk Merchant Account by Highriskpay.com Overview
- Name: High Risk Pay
- Industry: Accounting, Financial Services
- Founded: April 2, 1997
- Company Type: Private
- Operating Status: Active
- Headquarters: Greater Los Angeles Area, West Coast, Western US
- Phone Number: 800-956-1277
- Email ID: [email protected]
- Website: highriskpay.com
What Sets High Risk Merchant by Highriskpay.com Apart?
Since its establishment in 1997, High-Risk Pay has experienced remarkable growth in the credit card sector, particularly in high-risk merchant accounts. Their mission is to “satisfy customers and be a dependable provider.”
The company connects merchant accounts to trusted credit card processing solutions through a comprehensive national network. Offering competitive costs, they facilitate smooth business operations for clients. With 24/7 live customer support, High-Risk Pay has earned popularity.
High-Risk Pay’s national network securely links merchant accounts to processing banks via a reliable credit card processing solution. The affordability ensures businesses can thrive while providing convenient card payment options to customers.
High-Risk Pay serves merchants processing high-volume credit card transactions (such as for sporting events or concert tickets), retail, offshore accounts, or less common credit payment methods like mail or telephone orders.
Understanding High-Risk Merchant Accounts
Even if your business has been labeled high-risk by a previous processor, a high-risk merchant account is a business bank account set up by a payment processor. This enables merchants, irrespective of their credit history, to accept credit and debit cards.
The designation of “high-risk” is typically quantitative and unrelated to personal business practices. Any business, online or offline, operating in specialized markets like travel agencies, adult retailers, dating services, SaaS providers, gun dealers, etc., falls into the high-risk category.
Who Should Opt for High Risk Pay Services?
Businesses with a high volume of transactions or operating in high-risk fields requiring assistance with credit card payments can benefit from High-Risk Pay. They cater to firms with offshore or international interests, owners with poor credit, or facing obstacles preventing them from accepting credit cards.
High-risk merchant accounts can be easily created on HighRiskPay.com, and after approval, credit card payments can be accepted within 48 hours.
Industries Associated with High Risk Merchant by Highriskpay.com
Explore the diverse industries utilizing this platform:
- Adult Merchant Account
- Debt Collection Merchant Account
- Bad Credit Merchant Account
- Continuity Subscription Merchant Account
- CBD Merchant Account
- Credit Repair Merchant Account
- E-commerce Merchant Account
- Dating App Merchant Account
- Firearm Merchant Account
- Online Pharmacy Merchant Account
- MLM Merchant Account
- High Volume Merchant Account
- Tickets brokers Merchant Account
- Tech Support Merchant Account
- Startups Merchant Account
- Travel Merchant Account
- Nutraceutical Merchant Account
- Sportsbook Merchant Account
- Nonprofits Merchant Account
- Dropshipping Merchant Account
Expertise Offered by High Risk Pay
Beyond their broad range of services, HighRiskPay.com specializes in:
- ACH Processing: Ensuring smooth electronic check processing for businesses in high-risk industries.
- Instant Approval: Applications are approved almost instantly.
- Chargeback Prevention Program: Reducing chargebacks by nearly 86%, providing immediate alerts for disputes, reducing fraud, and recovering lost sales.
Pricing Structure for High Risk Merchant by Highriskpay.com
For those curious about the costs associated, here’s a breakdown:
Type | Transaction Fee | Lowest Rate | Monthly Fee |
Retail Good Credit (Card Swipe) | $0.25 | 1.79% | $9.95 |
Retail Bad Credit (Card Swipe) | $0.25 | 2.49% | $9.95 |
Internet Good Credit | $0.25 | 2.19% | $9.95 |
Internet Bad Credit | $0.25 | 2.95% | $9.95 |
Mail / Phone Order Good Credit | $0.25 | 2.19% | $9.95 |
Mail / Phone Order Bad Credit | $0.25 | 2.95% | $9.95 |
High Risk | $0.25 | 2.95% | $9.95 |
Adult Merchant | $0.50 | 2.95% | $9.95 |
International | $0.50 | 3.50%-6.95% | $9.95 |
Benefits of a High Risk Merchant Account by Highriskpay.com
HighRiskPay.com, being familiar with its customers’ credit histories, boasts a 99% approval rate. Merchants can disclose financial difficulties with confidence, and compared to aggregators, accounts are less likely to be frozen. High Risk Pay focuses on high-risk industries, providing chargeback avoidance, quick approval, and no setup fees.
Alternatives to High Risk Merchant by Highriskpay.com
For those seeking alternatives, several high-risk merchant account service providers cater to specific needs. Some noteworthy alternatives include:
- Soar Payments
- Durango Merchant Services
- PaymentCloud
- SMB Global
- Host Merchant Services
Conclusion
If you’ve been researching High Risk Merchant Account by Highriskpay.com, this article aims to provide comprehensive information. For any further inquiries, feel free to leave your comments below, and I’ll be happy to assist!