List of high risk merchant processors 2019

High risk gateway in 2019. This is a popular subject as more countries open up to new services. High-risk merchant accounts are a subset of finance services that enable firms to receive card payments from clients. Credit card processors assign merchants to one of two categories: high risk or low (normal) risk, based on a number of factors. High-risk merchants face limited options in processors, plus raised fees and stricter contracts. Being considered as high-risk looks terrible. But in some scenarios, it can be your only option. We have been writing about multiple aspects of the high-risk merchant account industry for many months and have most likely reached on most, if not all of them, of the most decisive problems. Here are some more advices on high risk merchant account processor.

High risk credit card processor : Instabill offers PCI compliant solutions–including online payment gateways–and a global reach. They work with all major credit card schemes and their solution supports international currencies, including British pounds, euros, and more.

A lot of financial service providers do business exclusively with low-risk businesses, who they consider as a low risk investment. That means businesses considered high-risk will have a limited selection of potential processors to choose from. Any processor you approach will take a careful, detailed look at your business to determine if you fall under their definition of “high risk,” based on the financial risk your company represents. It’s practically impossible for eCommerce merchants to do their business without having enabled as payment type the credit or debit cards. Before you can take “plastic,” you have to use a payment processor who acts as a liaison between you, banks, and credit card networks. See extra info at High risk travel merchant account.

Instabill was one of the better high risk merchant account providers we came across in our search. Their customer support agents were very clear and forthcoming with information. One thing to note is that Instabill is not cheap. For example, a Tech Support business would need to pay 4.95% + 0.25 plus the interchange fee for every transaction. That is significantly more than what non-high risk merchants charge, and even slightly higher than other companies on this list. However, this is unavoidable in high-risk industries. The reason we were pleased with Instabill’s offer was due to how easy it was to get pricing information in the first place – something that can’t be said for a lot of their competitors. Instabill does not post any of their prices online, since the cost will be highly dependent on the industry and bank involved in setting up the merchant account. However, you can get a quote by speaking with a sales representative and obtain a quote very quickly.

We worked with all of the high risk credit card processors, to be able to compare and a solid pick is iPayTotal. They cover all business types, have a huge experience in the business, fast customer support and low fees.

Our banks have been selected to assist our customers to get the most secure high-risk merchant account solutions for their business sectors. We have chosen the banks with the highest integrity and methods, adding confidence to your payment processing solution, to get you the best transaction fees for high-risk sectors. We offer the kind of value and personalized service your business needs to get off the ground and grow. Our support team will work with you to identify the best merchant services and payment products to fit your needs. And, whether you have a question about your merchant account, need help with chargebacks, or have a question about your statement, our representatives are ready to help 24/7.Our team will prepare a solution tailored to your business. ?We combine the right technology with service and support to ensure you never miss out on an opportunity. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.