Highriskpay.com provides a reliable merchant account to businesses that are at High Risk Pay having a large sale volume of more than $500 or $20,000. Get Approved Today High Risk Merchant Account at HighRiskPay.com.
They provide secure transactions processing having a sophisticated system for fraud detection and fraud prevention. How much does a high-risk merchant account cost?
Businesses having high risk have to apply for a merchant account on their official website. They have a 99% approval guarantee and they approve accounts in 24-48 hours. They do not charge extra fees like account fees or application fees and charge the same as traditional card processors.
In this blogpost we will talk about topics including
- Highriskpay.com and its history
- Working principles of highriskpay.com
- Why highriskpay.com?
- How to open High Risk Merchant Account at HighRiskPay.com
- High risk industries marked by high risk merchant highriskpay.com
What is highriskpay.com
- Business Name: High Risk Pay
- Founded: April 2, 1997
- Company Type: Private
- Industry: Accounting and Financial services
- Headquarters Location: Greater Los Angeles, West Coast, US West
- Website: Highriskpay.com
- Phone Number: 800-956-1277
- Email: IDsales@highriskpay.com
Highriskpay.com is a payment processing platform which provides services such as providing merchant account, high risk merchant accounts. You can start accepting payments such as credit cards and debit cards also from international markets.
High Risk Pay accounts are available for high risk marked companies having bad credits. There are no charges like account fees or application fees and they provide account opening facility to startups, medium, large, B2C, B2B, or e-commerce business owners
What Is a High Risk Merchant Account?
A High Risk Merchant Account at HighRiskPay.com for new business or business seen to be risky by banks or payment processors.
They can be risky for reasons such as might be new, money problems in the past, or working in industries that are marked as risky. These businesses follow strict rules and often are charged more to process their card payments.
They provide services such as high approval rates, fraud prevention, payments across worldwide, secure payment system, and advanced transaction reporting to businesses that are at high risk.
Why is a Business Considered as High Risk?
A business is considered high risk if they met conditions like
- Business falls in high risk categories such as CBD, adult, tobacco and gambling.
- Processing large transaction amounts more than $500 or $20,000 a month.
- Startup business having less or poor financial history.
- High refunds requested by customers make a business more riskier.
- Businesses having low credit scores.
- A previously flopped business.
- Business making sales in high risk countries (excluding EU countries, Japan, USA, Canada, and Australia) internationally.
How Does High Risk Merchant Account at HighRiskPay.com Work?
Highriskpay.com provides High Risk Merchant Account at HighRiskPay.com to business and work in the following way.
- Apply for a merchant account on Highriskpay.com. They have a 99% approval guarantee that is why most businesses are approved in 24-48 hours.
- You can start taking payments for purchase by any credit card within 24-48 hours. Secure payment gateway is provided for processing transactions.
- They offer several valuable features for high-risk businesses, including chargeback management, credit card acceptance, fraud prevention, and ACH/eCheck processing.
- You can create a merchant account if you have bad credits.
- The fees charged by payment processor highriskpay.com depend upon factors such as business type, credit history, transaction volumes and size , and risk involved.
The processor includes credit and debit card clearance. However, the fees charged by the payment processor highriskpay.com depends on the risks involved, the transaction completed, and sales volume.
Why Should You Use Highriskpay.com?
You should use highriskpay.com if
- Your business is considered as High Risk
- You need a trustworthy payment processing transactions
- Highriskpay.com provides a high risk merchant account but charges the same fees as traditional card processors.
- Merchant accounts approve in 24-48 hours and they provide a 99% approval guarantee.
- You can even get your merchant account having worse credit scores.
- Highriskpay.com uses professional fraud detection methods to help your business prevent fraudulent transactions.
- You do not have to pay fees like setup fees and cancellation fees.
- Highriskpay.com provides subscriptions-based payment options demanded by many businesses.
- HighRiskPay.com offers several valuable features for high-risk businesses, including credit card acceptance and ACH/ eCheck processing
High Risk Merchant highriskpay.com Pricing
Highriskpay.com does not charge any fees for application or setup.
They charge $10 per month as payment gateway fee.
The swiped rate is 1.79% to 9.95% + $0.25.
Highriskpay.com charges $10 on a monthly basis having a Keyed-in rate from 2.19% to 9.95% + $ 0.25.
The Adult merchant fees is As low as 2.95% + $0.25 and $9.95 monthly fee.
You can check the detailed fees and pricing of highriskpay.com by this table.
| AS LOW AS | TRANSACTION FEE | MONTHLY FEE | |
| Retail Good Credit (Card Swipe) | 1.79% | $0.25 | $9.95 |
| Mail / Phone OrderGood Credit | 2.19% | $0.25 | $9.95 |
| InternetGood Credit | 2.19% | $0.25 | $9.95 |
| Retail Bad Credit (Card Swipe) | 2.49% | $0.25 | $9.95 |
| Mail / Phone OrderBad Credit | 2.95% | $0.25 | $9.95 |
| InternetBad Credit | 2.95% | $0.25 | $9.95 |
| High Risk | 2.95% | $0.25 | $9.95 |
| International | 3.50%-6.95% | $0.50 | $9.95 |
| Adult Merchant | 2.95% | $0.50 | $9.95 |
( Source: https://highriskpay.com/rates-fees/ )
What is the process of opening a High Risk Merchant Account at HighRiskPay.com?
The process of opening a high-risk merchant account at highriskpay.com is
- Visit this link https://highriskpay.com/apply/#linkto form. Provide basic information such as first name, last name, email, phone number and website about your business.
- Submit documents like valid driver’s license and proof of required insurance coverage.
- Higriskpay.com examines the application by checking the merchant’s risk level.
- You will be asked to discuss your needs and requirements after the highriskpay.com team has your information and documents.
- 24-48 hours are required for application approval.
- Setup and shipment will be immediate after approval.
Types of Industries Considered High Risk Merchants by Highriskpay.com
Highriskpay.com considers certain industries including adult, gaming, and dating apps as high risk businesses. You should know before applying that your merchant account will be approved or not.
For that reasons, you should go through this list of industries that are considered risk merchants by highriskpay.com
- E-commerce
- Gaming
- Subscription services
- Firearm
- Nutraceutical
- Online Pharmacy
- Adult
- Tech supports
- Dating app
- Sportsbook
- High volume
- Nonprofits
- Travel
- Ticket brokers
- Startups
- Bad Credit
- E-cigarettes, CBD, Vapes
- Online date
- Debt collection
- Multi Level marketing (MLM)
- Dropshipping
- Gambling
- Credit Repair
Final Thoughts
Highiskpay.com is an affordable and trustworthy platform which provides High Risk Merchant Account at HighRiskPay.com with reliability.
Opening a high-risk account can provide you benefits such as making more revenue by accepting wide payment systems, enhanced fraud protection, and market expansion opportunities.
There are also some cons like high money, following strict documentation rules, low flexible business choices because of limited banks.
In short, highriskpay.com is the one and only that is best for your high risk business. Apply and fill the requirements, you will get approval within 48 hours.
Finally, you do not need to be worried because they do not have any hidden fees and charge the samte as traditional card processors do.
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