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We need a high risk merchant account. What are your recommendations?
My company has been having a difficult time securing a merchant account because we are considered a ‘high risk’ business (we sell discount vacation packages online). Where can I turn to find a merchant account that will support us? Is there a specific company that specializes in high risk businesses? Any help is greatly appreciated.
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14 Answers
We offer this service and would be happy to help you get set up. You can call me at 615-469-2272 x 101 or email me at rob@thrivemg.com.
Please visit our website we would be happy to help. http://www.stradafee.com
Hi,
My name is Anthony Volpe and I am with AFB LLC. I would like to speak to you about your High Risk Merchant accounts. AFB can place high volume, high risk businesses with several different sources of either domestic or off shore relationships. We have just signed with offshore banks that will accept legit Pharmacies, Tobacco and other High Risk Merchants.
Call me @ 800-525-2956 Ext 804 or return this email so we can talk. I look forward to working with you.
Hi Stephen!
The company I work with is in the same "high-risk business" situation as you; we are a collection agency and finance company to your exact industry and many others. May I suggest you explore Net Deposit and/or PowerPay.com.
Also, have you considered outsourcing your payment processing via account servicing and collections? This would provide access to an existing merchant account through a 3rd party who has already been approved.
Stephen
Do you have a SamsClub or Coscto account? You might check there as they both offer merchant accounts.
This answer may be self-serving. I have worked with many of the card processors over several decades. I know of only one that is willing to accept high-risk transactions. I recently was able to get a riskier business than yours boarded with them. Oddly enough, the costs to you are not appreciably higher than if you were low-risk.
If you are having trouble finding a high risk payment processor, you may seek council in a consultant to place your account for you.
Watch out for high sign up fees and costs when seeking a high risk merchant account. Most of the companies charging these high fees to sign up are just attempting to place you with any merchant just to collect these fees. Check out: http://www.merchantaccountmentors.com/high-risk-merchant-account/
I'm baaaack...
One of the companies I represent specializes in high-risk merchant accounts - and does not charge exorbitant prices. Call me at 925-979-5673 (PST) or email to tommark8@gmail.com so we can tell you what we'll need to get you on board.
despair not, as you can see - there are several solutions in your answer box, although I like to believe that mine will be the least expensive.
I represent several credit card processors. At least one of them specializes in high-risk accounts.
You can contact me at tommark8@gmail.com Please put "high-risk account" in the subject line.
Or at (925) 979-5673 (West Coast)
Tom Markham
Hello Stephen,
We can't help you with a merchant account...........however we are a high-risk processor in the electronic check/Check 21 arena........One of the chief advantages is that it is much harder to charge-back the transaction versus a credit card transaction. It's another form of payment that you can give your clients.
Regards,
Bruce Woods
915.740.7501
ecprocessing.com
bwoods@ecprocessing.com
Valued Merchant Services and our partners accept high risk merchant accounts including travel, auction, door to door sales, adult, gaming, supplements, online, collection agencies, pharmacies, tobacco and many more. We have the ability to place accounts onshore and offshore depending on the business type, financials etc.
We also offer ACH and Check Services for High Risk Merchants.
Feel free to send follow up questions or comments
Warm Regards,
Chris Del Grande
President
Valued Merchant Services
208.243.0818
chris@valuedmerchants.com
www.valuedmerchants.com
We are a BBB accredited company with an A+ rating and we specialize in placing High Risk Merchant accounts.
We can place merchants for the below mentioned business's and many more.
High Average Tickets,
Credit/Debt Collections,
Poor Credit,
Telemarketing,
Timeshare and Vacation rentals,
Travel Services,
Multi Currency,
Mail and Telephone Order,
High Volume,
Real Estate,
Herbal Supplements,
Financial consulting,
Ebooks and Software downloads,
Dating websites,
SEO Services,
VOIP,
MLM,
Business Opportunities,
Direct Selling,
Annual Contracts.
We can accept merchants from many countries.
For further details contact:-
Bhagesh Nair - +91 9890985040
Email - bhagesh.nair@pbec.co.in, info@pbec.co.in
Skype - bhagesh.nair
Plan B Enterprise Consultants
AMG High Risk Merchant Service specializes in providing merchant services to vacation rentals. Even so much that we have created a discount package for reputation management, which is something vacation rentals are in great need of. We have an office located in Orlando just for this purpose because 8/10 of these businesses are located in this area. Our merchant rates and fees are second to none. We have an online application for your convenience. You may locate us at www.highriskmerchantservice.com, email me at Support@highriskmerchantservice.com, or contact our head of sales at 1-888-853-5235. Signed Matthew
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