High Risk Merchant Account Highriskpay.com: If you’re involved in a high-risk business, you’ve likely come across the well-known and longstanding High Risk Merchant Account provider, highriskpay.com. If you haven’t, you’re in for a valuable discovery!
Highriskpay.com specializes in providing merchant account services to companies operating in high-risk industries or those with a track record of financial challenges. Regardless of your past credit history or industry, this organization focuses on offering offshore and high-risk merchant accounts.
Continue reading to uncover more about this company…
Overview of Highriskpay.com – High Risk Merchant Account Provider
| Name | High Risk Pay |
| Industry | Accounting, Financial Services |
| Founded | 2 April, 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 is High Risk Merchant Account Highriskpay.com?
Since 1997, High-Risk Pay has experienced rapid growth in the credit card sector, specializing in high-risk merchant accounts. Their mission is to satisfy customers and provide reliable services.
High-Risk Pay connects merchant accounts to trusted credit card processing solutions via a national network. Their competitive rates enable businesses to thrive, with 24/7 live customer support contributing to their popularity.
Their nationwide network securely connects merchant accounts to processing banks, facilitating smooth business operations at low rates. High Risk Pay merchants typically handle high-volume credit card transactions, including for events like sports or concerts, as well as retail, offshore accounts, and less common payment methods like mail or telephone orders.
What is a High Risk Merchant Account Highriskpay.com?
A high-risk merchant account, established by a payment processor, allows merchants to accept credit and debit card payments despite being classified as high-risk by previous processors or payment service providers.
While the term “high-risk merchant account” may initially seem like a criticism, High Risk Pay reassures business owners that it’s a quantitative assessment, unrelated to personal business practices. Businesses in specialized markets, such as travel agencies, adult retailers, dating services, SaaS providers, and gun dealers, are typically considered high-risk.
Who Needs to Use High Risk Pay?
Businesses with high transaction volumes or operating in high-risk industries require assistance processing credit card payments. High Risk Pay serves various businesses, including those with offshore interests, owners with poor credit, or other obstacles hindering credit card acceptance.
High-risk merchant accounts can be created on HighRiskPay.com, enabling businesses to accept credit card payments within 48 hours. Given the importance of accepting credit card payments for businesses, especially risky ones, it’s a straightforward process.
Industries Associated with High Risk Merchant Highriskpay.com
If you’re curious about the industries that utilize this platform, you’ve come to the right place! Check out the following list to gain a better understanding:
- 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
What is the Expertise?
While HighRiskPay.com offers a range of services, let’s delve into their areas of expertise:
ACH Processing:
HighRiskPay.com excels in Automated Clearing House (ACH) processing, ensuring seamless electronic check processing. This feature is particularly beneficial for businesses operating in high-risk industries.
Instant Approval:
One of the key attractions of High Risk Pay is its almost instantaneous approval process, which contributes to its popularity among users.
Chargeback Prevention Program:
HighRiskPay.com offers a chargeback prevention program that can help reduce chargebacks by up to 86%. They provide immediate alerts whenever cardholders file disputes against merchants, helping to minimize fraud, scams, and recover lost sales.
Pricing for High Risk Merchant Account Highriskpay.com
Now that you’re well-informed about high-risk merchant Highriskpay.com, let’s discuss pricing. How much does it cost? What fees are involved?
If you’re seeking answers to these questions, you’ve come to the right place. Take a look at the following chart to gain a better understanding:
| 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 |
| InternetGood Credit | $0.25 | 2.19% | $9.95 |
| InternetBad Credit | $0.25 | 2.95% | $9.95 |
| Mail / Phone OrderGood Credit | $0.25 | 2.19% | $9.95 |
| Mail / Phone OrderBad 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 with Highriskpay.com:
Highriskpay.com has insights into its customers’ credit histories, allowing merchants to openly disclose financial difficulties with confidence, given the platform’s impressive 99 percent approval rate. Unlike aggregators, which may freeze accounts for unusual transactions, Highriskpay.com is less likely to take such actions.
While credit card processing is essential for all businesses, High Risk Pay specializes in serving high-risk industries, offering assistance to owners with poor credit scores. They provide chargeback prevention, rapid approval, and no setup fees.
Alternatives to High Risk Merchant Highriskpay.com:
If you’ve used High Risk Merchant Account Highriskpay.com and are seeking alternatives, several service providers cater specifically to high-risk merchants. Here are some of the top alternatives:
- Soar Payments
- Durango Merchant Services
- PaymentCloud
- SMB Global
- Host Merchant Services
Wrapping It Up:
If you’ve been researching High Risk Merchant Account Highriskpay.com, I trust this article has provided sufficient assistance. For any further queries, feel free to leave your comments below, and I’ll be happy to address them!
FAQs about High Risk Merchant Account Highriskpay.com
What defines a high-risk merchant account?
A high-risk merchant account is established by payment processors to enable businesses operating in industries with higher-than-average chargeback rates, regulatory scrutiny, or financial instability to accept credit and debit card payments.
What industries typically require high-risk merchant accounts?
Industries such as adult entertainment, online gambling, travel agencies, dating services, and firearms dealers are often classified as high-risk and require specialized payment processing solutions like those provided by Highriskpay.com
How does Highriskpay.com help prevent chargebacks?
Highriskpay.com offers a chargeback prevention program that can significantly reduce chargebacks by providing immediate alerts when cardholders file disputes. This proactive approach helps minimize fraud and recover lost sales.
What are the benefits of choosing Highriskpay.com for a high-risk merchant account?
Highriskpay.com boasts a 99 percent approval rate and specializes in serving high-risk industries. They offer rapid approval, chargeback prevention, and no setup fees, providing tailored solutions for businesses with poor credit or financial challenges.
What are some alternatives to Highriskpay.com for high-risk merchants?
Alternative service providers catering to high-risk merchants include Soar Payments, Durango Merchant Services, PaymentCloud, SMB Global, and Host Merchant Services. These providers offer similar solutions tailored to the needs of high-risk businesses.