Low risk merchant processor. Determine your risk level. Low risk merchant processor

 
 Determine your risk levelLow risk merchant processor  The company’s EPD Gateway is its primary product, with merchant accounts provided through partnerships with numerous major US and international processors and banks

Offshore merchant accounts are accounts whose payment processors and acquiring banks are located outside your country or the essential business operations area. Common Examples of HIgh-Risk Merchants. Square: Best For New Businesses. A wholesale merchant, also known as a wholesaler, purchases goods in bulk. On the other hand, if you’re a high risk merchant trading and processing large tickets overseas, you can cast a broader net and reach offshore markets. If a merchant conducts more than 85% card present transactions, the business is considered low risk. PaymentCloud: Best For High-Risk eCommerce. Compare Quotes. Low risk accounts also use a single form of currency in all of their transactions (payments or otherwise). Low-risk merchants also. PaymentCloud: Best overall. Here are the best international merchant services that provide international payment processing, international payment gateways, and international merchant accounts for a variety of circumstances. We offer clients single solution for end-to-end payments, data, and financial management. While the vaping/e-cigarette industry is highly profitable, banks and credit card processors also consider it high-risk. . As such, they can expect payment processing to cost more than for a low-risk business. : Best for global payment processing. Call us Toll Free (866) 509-7199. 95 to $69. A lot of standard merchant accounts have no contract. For a more detailed list of. Easy Pay Direct is a payment gateway and merchant account provider that serves a wide variety of high-risk and low-risk industries. Easy, low-cost, and flexible merchant services, combined with the best free POS software, makes Square the best value for new and small businesses. PayPal – Best for a pay-as-you-go pricing structure. Monthly fees: These fees are typically meant to maintain your merchant account. Ultra-transparent & simple pricing. A subsidiary of Visa, Authorize. FFL, or premium cigars, the next step after a QuickBooks rejection is to look for viable merchant account and payment processing options. On the one hand, a merchant might be considered high risk due to the business itself. The Downsides Of Being Designated As High Risk. 7 billion in 2018 and are expected to reach $40 billion by 2023. 50% + $0. Need a Merchant Account for your CBD Online Store? High Risk Merchant Account & Payment Gateway Provider⚡ Instant Approval Contact us ☎ (800) 956-1277. You have a zero to low-chargeback ratio. What We Look For in the Best Instant Funding Credit Card Processing Companies 1. Our selection criteria evaluate cost, transparency, contract requirements, and features. While low-risk merchant accounts are typically short term (sometimes even month to month), high-risk merchant accounts often run between three to five years and feature automatic renewal clauses and early termination fees. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. Finding a merchant account provider for your subscription based company is the first step to processing transactions quickly and efficiently. PaymentCloud is a merchant services provider. High-risk Merchant Account Vs. com. Being labeled as high-risk means that your business has a high likelihood of experiencing chargebacks. Merchant One is the best credit card processor with easy and fast approval due to its 98% approval rate. 59% for retail, and 1. While high risk merchants are businesses dealing with larger transactions of over $20,000, low-risk merchants are small business owners earning less than $20,000 monthly. No monthly minimum (low-risk accounts) Interchange + 0. 1. These risk tiers help Visa and payment processors determine the level of monitoring and oversight required for each merchant. When you submit your application, you’ll get an instant price quote to DocuSign. This includes information on individual transactions and batch totals with comprehensive reporting tools. If you have. A merchant account is a contract between a company and a financial institution that allows the company to accept. WRITTEN &. High-Risk Merchant Account vs. Adept Payments offers high-risk merchant accounts as well as accounts for low- and mid-risk merchants. Our services are. Chargeback fees: Even low-risk merchants get chargebacks, only at a much lower rate than high-risk merchants. We offer the leading merchant account credit card processing services in the country. Get a free card swiper from Square at no cost when you create a free account. How Are High-Risk Accounts Different From Regular Ones. 30. Processing costs for all payments will often be increased and, in some cases, double those of low-risk account holders. A subsidiary of Visa, Authorize. What are the differences between low-risk and high-risk merchant accounts? Low-risk merchants: Often process less than $20,000 per month in credit card transactions; Process credit card transactions for typically less than $500; Have very few chargebacks; Have minimal returns; Only do business in low-risk countries; Alternatively, high-risk. High-risk merchant accounts are for businesses in high-risk industries that sell high-value products or services, have a history of frequent chargebacks, and have an. and low-risk businesses. If a high risk business tries to get a low risk payment processor, there is a high chance of getting the account terminated at any time. You might get a rate of about 0. PaymentCloud: Best for high-risk businesses. Provides merchant accounts to high-risk businesses, such as those that have elevated rates of credit card fraud or chargebacks, or those that sell age-restricted products. Payment processors have different guidelines but have common factors around their market. Square. High-risk merchant. Revitpay act as a one-stop provider for low, mid, and high risk merchants. 3% plus interchange if you’re. After successfully applying for a merchant account, you will be assigned a Merchant ID (MID). Keep Your Average Credit Card Charge Low. 2) US Corporation. Dharma’s processing rate for high-risk businesses is interchange rate + 1. However. Learn more about our high risk merchant processing services by submitting a message or calling (800) 993. low-risk merchant accounts have become an essential topic as various factors can determine your risk level as a. - No early termination fee even for high risk businesses. Low-Risk Merchant: High-Risk Merchant: Average monthly sales volume: Less than $20,000: Over $20,000: Average credit card transaction:. High-risk merchants are those that are considered to be at a higher risk of fraud,. Support for. Third-Party Processors vs. When opening an online business, the best way to generate revenue is through sales. Based on our evaluation of 26 data points and our rate calculations, the cheapest credit card processing companies for small businesses are: Cheapest overall: Helcim. Support for. Companies like Shark Processing help merchants expand their reach globally and tap into new markets, offering convenient payment options to customers worldwide. High-risk merchants will pay significantly higher fees to their acquirer for the right to process cards. But the type of fee structure and monthly fee will ultimately have the biggest effect on lowering your credit card processing fees. Easy Pay Direct is a payment gateway and merchant account provider that serves a wide variety of high-risk and low-risk industries. Square: Best overall. High-risk merchant accounts are notorious for charging higher processing rates and. 95% plus 25 cents and varies with the use of cards and transaction type. 59% over interchange, while high risk rates tend to begin in the low 2% range. Once you receive approval, find a compatible payment gateway to connect to your merchant account—this will allow you to accept online payments on BigCommerce’s platform. National Processing: Best Nonprofit Credit Card Processor For Low-Cost ACH/eCheck Processing; 4. PayPal: Best for range of accepted payment types. Merchant One’s competitive rates range from 0. Clover. With an emphasis on personal attention and customized solutions for “bricks-and-clicks” companies (i. Low-risk merchants. Rely on the Instabill team to get you a high risk merchant account business, today. Suppose your business operates in a low-risk industry, has a relatively low number of chargebacks, good financial history, and processes less than $20,000 monthly. High risk credit card processing highriskpay. Square: Cheapest For New & Seasonal Businesses. The reason is simple: Everyone in the payment chain (except for the customer) loses money in a chargeback. Low risk industries are generally those that have a low incidence of fraud and chargebacks, and as a result, they typically pay lower processing fees and have fewer restrictions on their accounts. Seek Out Alternative Payment Processors. MerchACT is a leader in UK high risk payment processing. A lot of standard merchant accounts have no contract. Maximize approval ratios based on your target customer base. Use the Cheapest Payment Processing Methods and Card Types as Much as Possible. These High Risk Merchant Solutions rates are likely not all-inclusive and will not be the effective rate paid by the vast majority of the company’s clients. Whatever your situation is we have a low cost solution. Our specialization in UK high. PayKings (Merchant Payments Acceptance Corp LLC) is your powerful partner in global transaction Low, Medium, and High Risk Merchant Accounts processing solutions through US acquiring banks and. Low-risk merchants generally have a low chance of fraud and minimal sales amounts. There are two types of business when it comes to the processing companies. Payment processors have different guidelines but have common factors around their market. There are several common characteristics that make a merchant low risk to a payment processor. These are just some of the many dedicated merchant accounts High-Risk Processor offers. Ultimately, the difference between high-risk and low-risk accounts could be as low as just a few basis points. High Risk Merchant Solutions lists rate quotes “as low as” 2. 1. The industry is low-risk overall. Interchange + 0. Merchant One offers a strong slate of features. Seven tools to select a merchant processor who will save you money, time, and enhance your business through superior products and services. 5 in our rating of the. Average transaction of $500 or more. Stax: Best Credit Card Processor for High-Revenue Businesses. If you own a business, you understand the value of having a dependable payment processing solution. Credit card processing services from Instabill enables merchants accept credit card payments online for their e-commerce, MOTO or retail businesses. High risk merchant accounts come with higher transaction fees, stricter underwriting requirements, rolling reserves, and limited processing options. There’s a processing volume limit that, if reached, can freeze your funds and possibly result in account termination. High risk rates as low as blended 2. Often called wholesale or base fees. High-risk Payment Processing for Your High-risk Businesses Nov 30, 2022 Explore topics Workplace Job Search. Accept payments in your business via credit cards, online, or mobile options. Subscription-based companies that. ccNetPay – Best for a simple pricing structure and EU transactions. 4 NMI payment gateway: common high-risk product types. Clover offers credit card processing services on a subscription basis, with fees ranging from $9. Read Full Story. 855-794-1134. Higher Processing Costs. Host Merchant Services. com — Best for any high-risk business, with a 99% approval rate, no credit score requirements, 24-hour approval, and chargeback prevention. by Roenen Ben-Ami. With its expertise in high-risk merchant accounts, tailored payment processing options, competitive pricing, and excellent customer support, HMS is well-equipped to help CBD merchants efficiently and effectively process credit card payments. Low-risk merchants generally deal with less than $20,000 of credit card processing per month. Low risk merchant account include online apparel stores, bookstores, pet supplies, retail shops, parking garages, and more. Due to the division of businesses into low-risk and high-risk merchant accounts by payment processors, this is the case. NACHA, the governing body of The Automate Clearing House (ACH), implemented same-day ACH processing, effective March 16, 2018. Because of this, we can help you get your retail or. Zero or low chargeback ratio. Low-risk Merchant Account. A high-risk merchant account is a subset of the services that make it possible for companies operating in high-risk sectors to accept credit card payments from their clients. To lower risk, the merchant account provider may seek address verification. First, the payment processor’s own internal approval process. In simple terms, a high-risk merchant account is a payment processing account for businesses considered as ‘high-risk’ by credit card processors or banks. Actum Processing offers processing for high-risk merchant accounts as well as businesses with a lower level of risk. Some local PSPs may. Before you can get approved for an account with a credit card payment processing company, they’ll decide if you’re a low or high-risk merchant. Merchant category. Some examples of low risk industries for credit card processing include: Retail: Physical stores that sell tangible goods, such as clothing or. Authorize. Categories within the VIRP: Low-Risk Merchants: Low-risk merchants are. For example, its rating on Google is 4. Here are the best ACH processing companies, including providers like PaymentCloud,. For more information, visit the Host Merchant Services website or call (888) 727-4538. Stripe: Best Nonprofit Credit Card Processor For Advanced Customization; 6. What Underwriters Look For When Approving European Merchant AccountsHigh Risk & Low Risk Merchant Accounts. Other factors that are observed are just how heavy the business. A business that doesn't pose any risk or threat to the acquiring bank or payment processor is considered a low-risk merchant. The high-risk processor has no limitations, so the merchant can hassle-free accept several card payments. High-risk merchant category refers to the industries or types of businesses considered to have a higher level of risk by financial institutions, payment processors, and acquiring banks. Customer support for point of sale (POS) transactions. You can find a business's MCC by calling your processor, reviewing your card statement or by calling the number on the back of your card. The best high risk merchant processors like EMB make business ventures hassle-free for everyone. You can expect to pay on average ~$100 per month for a high risk merchant account, on top of a $500 credit card. Whether you are considered a high-risk or low-risk merchant, CTI Processing, Inc. Before you apply for a credit card processing and merchant account, you will need to decide whether you are a low-risk merchant or a high-risk one. Our specialization in UK high. In the event that you’re considered a high-risk merchant, you’ll have to pay a premium. This means a merchant doesn’t physically see the customer’s card, and there is a higher risk for fraud and chargebacks. Our high risk merchant accounts provide: EMB is the #1 solution for high risk merchants offering all-inclusive payment processing solutions for every kind of business with a 99% approval rating. Our high risk merchant accounts provide: EMB is the #1 solution for high risk merchants offering all-inclusive payment processing solutions for every kind of business with a 99% approval rating. Best value for new businesses: Square. Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. Accept Payments. It is the unique code provided to store owners by their payment processor. However, you can also use the EPD. 0. Opening a merchant services account can require a number of documents to help the bank and its underwriters determine both the business and the. This pricing is very good in the high-risk processing world. SMB Global is a merchant service provider partner of Payline Data, a popular and reputable low-risk processor. High Vs. 1. Low-Risk Merchant Accounts. Depending on which kind of credit card your customer uses, the cost of processing varies. The right processor supports your sales channels and offers pricing transparency. The company partners with numerous banks and international processors to deliver seamless financial transaction services for both fiat and cryptocurrency payments. Low-risk industries have a lower incidence of fraud or chargebacks. Merchant One is the best credit card processor with easy and fast approval due to its 98% approval rate. . Others praise the customized gateways for recurring billing and invoices. While different payment processors have different guidelines, there are similarities shared across the industry. A voided check, or other proof of bank accounts such as a signed bank letter or barring that, your bank’s routing number and your bank account number. Durango Merchant Services has been in the payment-process game for over two decades. High-Risk vs. The first difference between high and low-risk merchant accounts is the application process. No percentage markup: Payment Depot. In that case, you may qualify for low-risk solutions and rates. Merchant accounts are available for businesses selling online apparel like clothing, footwear, accessories, jewelry, and bags. Your merchant account provider will send the transaction details through its backend processor to the customer’s card issuer . PaymentCloud: Best For Nonprofits Considered High-Risk; 5. FIS is a proprietary integrated payments platform that supports both online and in-person. Credit Card Processing. What are high-risk merchant account and low-risk merchant account? Before jumping into finding the ideal merchant service provider, you need to answer some. Due to the perceived financial risk to banks and. Although they’re expensive, they allow companies that would otherwise have to operate on a cash-only basis to accept credit and debit cards, ACH transfers, and other payment methods. Every payment gateway will have its own measurement criteria to determine whether a merchant falls in the category of high-risk or low-risk. 30% + $0. Low-Risk Merchant Account. Low-Risk Accounts. Each credit card payment platform is unique, but high-risk merchants will face higher rates across the board. These credit card payment processors offer merchant services with reasonable costs, accessibility, transparency, and good overall value. 10 per transaction (low-risk accounts) Processing rates vary by the acquiring bank/back-end processor (high-risk accounts) $15/month account fee (low-risk accounts). Higher payment processing fees. Due to the perceived financial risk to banks and processors, your business might be asked to “freeze” a portion of your profits with a merchant account reserve. Low risk merchants run brick-and-mortar storefronts and process in-person transactions. On the other hand, high-risk merchant accounts deal with high-risk items like cannabis, tobacco, firearms, airplane tickets, virtual currencies, and pharmaceuticals. Helcim: Best For Growing Businesses. Merchants processing more than $100,000 or 5,000 transactions qualify for. Some examples of merchant services providers. Businesses with low credit scores are less likely to be lent money by financial institutions. The consequences of being on the MATCH list are devastating, and many businesses cannot. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving standard to high-risk business types. Obviously, you can’t do this in every situation because you don’t. A merchant account for bad credit can, therefore, be opened for low and. Step 5 – Monitor Your Monthly Credit Card Fees. Low-Risk Fee:- Merchants are evaluated on a case by case basis, and the pricing is determined after analyzing multiple factors. Helcim: Best For Growing Businesses. This can rage anywhere from 5-20%. National Processing. Even low-risk merchant account fees vary widely. High-risk merchants, as stated earlier, are the ones the payment processors consider risky and more prone to fraud. A high-risk merchant account is a type of business account offered by a payment processor or a bank, designed specifically for businesses deemed “high-risk. Looking to reduce processing fees for your small business? Our list of providers with the lowest credit card processing fees will help you find your best option. The funds collected from transactions (less processing fees) are. Dharma’s processing rate for high-risk businesses is interchange rate + 1. These merchant accounts generally have higher chances of fraud and chargebacks. When it comes to merchant accounts, there are high-risk and low-risk businesses. Corepay is a domestic and offshore merchant account provider for both high-risk and low-risk businesses, advertising its services to the adult industry, CBD and hemp vendors, eCommerce merchants, online dating services, and other business categories. These Are the Best Online Payment Processors in 2023. These are the unavoidable, base-level costs of processing credit cards. High-risk options ProMerchant has a high approval rate, which is crucial for businesses that. e. These risks could range from a high likelihood of chargebacks and fraud to legal. 2 2. One payment platform. 3/5 based on more than 15 reviews. 2 days ago · Its monthly fee is $0, and it stays that way with no hidden costs or fees. Credit Card Processing Reviews. The costs for credit card processing will depend on the merchant services provider that you choose. Instead of requiring a contract, the company. com has been providing payment gateway services. Anything above this falls into the high-risk credit card processing category. In that case, the merchant must be ready to declare the composition and. Low-risk rates, as low as $99 per month and $. Most customer reviews praise the lack of fees and the ease of processing. 24 / 7 SupportOur highly skilled team has merchant accounts for businesses with processing volumes ranging from $20,000-$100,000,000 and up per month. Average transactions below $500Learn about high-risk merchant services & your 6 top options. We process thousands of new accounts a year, and have very satisfied customers. Merchant services include payment processing, merchant and business bank accounts and point-of-sale solutions. Payment processors can service both low-risk and high-risk businesses, but in the case of the latter, there are conditions. A high-risk merchant is a company with which most credit card processors will not do business due to the merchant’s potential for fraud or high customer dispute volumes. 00 and an average transaction fee of ~2% + 0¢ for swiped transactions. a. Accepts high-risk merchants. Read Review; PaySafe. Being a high-risk merchant doesn’t mean your business should expect to receive a second-rate payment processing solution. Industry is considered low risk e. Leap Payments Agent/ISO program is specifically designed around getting your high risk merchants approved and keeping them open for the long run. Monitor your credit card merchant statements monthly. Unsurprisingly, their business indeed sells fireworks, which are associated with higher risk. We understand the unique needs of the varying types of adult businesses. Therefore, high-risk merchant accounts vs. A low risk merchant runs an online company with consistent and non-regulated online transactions. Some of the features to look for when comparing gun-friendly payment processors include: Low high-risk credit card processing fees. Square: Best for point of sale (POS) Payment Depot: Best for flat-rate pricing. Read Review; ProMerchant. Stax: Best for avoiding transaction fees. Merchant acquirers carefully assess various factors, including industry type, transaction volumes, and chargeback ratios, to categorize merchants as low or high risk. 17 According to the article entitled "Merchant Acquirers and Payment Card Processors: A Look Inside the Black Box," authored by Ramon P. Best high risk merchant accounts at a glance. Helcim, Square, Clover, Stripe, PayPal, Shopify, Chase, Stax, Payline and Dharma make our list of best payment processing companies for small businesses. 50% + $0. At Shark Processing, our vast experience and expertise in both high and low-risk industries allow us to secure the most competitive processing rates possible. Get a. Compared to a regular account, a high-risk merchant account will have the following: High-risk merchant accounts are designed to serve businesses that are unable to secure a standard, low-risk credit card processing account. Visit Site. Apply. Most high-risk processing providers don’t disclose a standard rate for their clients, as they tend to tailor the price to the particular business. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Regular low-risk payment processors place limits (for spend and currency) on card transactions that can hinder growth. Read more from Sally Lauckner. Square: Best for businesses that are seasonal or process less than $10,000/month. These fees are in addition to interchange. 95% for normal merchant accounts. Most of the high-risk payment processor. 3. A lot of standard merchant accounts have no contract. Leaders Merchant Services: Best for Small Businesses Interested in Cash Advances and Loans 3. It’s ideal for small businesses with less than $50,000 in annual credit card transactions. net: Best for fraud prevention. since that is why many merchants end up seeking high-risk merchant processing in the first place. low-risk merchant accounts. Some of the features to look for when comparing gun-friendly payment processors include: Low high-risk credit card processing fees. It guides all the. Price: 2. Unlock the Benefits of a Low-Risk Merchant Account for Seamless Transactions. , cannabis or. Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. PayKings is the preferred adult merchant account provider in the adult industry. Some examples of low risk industries for credit card processing include: Retail: Physical stores that sell tangible goods, such as clothing or. High-risk Vs. 1. GoCardless Review - January 10, 2023. 75% rate comparable to a low-risk merchant account. Features of an Excellent Gun-Friendly Payment Processor. Merchant One is the best credit card processor with easy and fast approval due to its 98% approval rate. High-risk businesses are typically those that are new, have a history of credit problems, or operate in an industry that is considered controversial or. Host Merchant Services offers true month-to-month billing with no long-term commitment to all low-risk businesses. 8. Merchant One: Best for Flexible Pricing Clover: Best for POS Stax: Best for Subscription Pricing ProMerchant: Best for High-Risk Businesses Payment Depot: Best for High Transaction Volume Square Merchant Services: Best for Startups Helcim : Best All-in-One Platform National Processing: Best. You will need to either find another way to accept payments (such as becoming cash-only), or sign up with a high-risk merchant processor who will accept you. An. “CNP fraud happens in a number of ways,” says Ian Sells, CEO of Rebate Key, an ecommerce. Corepay is a newly established merchant account provider that accepts both low-risk and high-risk merchants. The credit card transaction average is $500;. It offers the lowest monthly pricing we’ve come across so far at $13. Claims made by payment processors to “pre-approve” or “instantly approve” high-risk merchants within 24-48 hours are very misleading. Merchant One’s competitive rates range from 0. In other cases, processors may give a company an account, but quickly close it because of too many transactions. Opting for a low-risk merchant account provides multiple advantages, such as lower. In general, low-risk retailers have: The volume of sales is typically under $20,000 per month. . Payment processors and the banks that sponsor them make the designation of a business being a low- or high-risk merchant. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. The easiest way is to look at what determines a low-risk business. Some of the features to look for when comparing gun-friendly payment processors include: Low high-risk credit card processing fees. Fees are the main tangible difference between a high and low risk merchant account. Standard credit card processing fees generally range from 1. Stax: Best for high-value transaction. INT + 0. Low-risk merchant accounts tend to enjoy more privileges, such as lower processing fees for every transaction and the ability to negotiate for more favorable pricing and contract terms. Defend your business against uncharted fraudulent activity and chargebacks. Merchants with recurring annual or monthly fees. For example, businesses just starting up will likely be considered higher risk because they don't have a processing history. Easy Pay Direct is a merchant account provider and high-risk payment gateway that serves various high-risk and low-risk industries. Understand your PCI compliance requirements. However, choosing a credit card processing provider is a big decision. Seamless Integration. MENU MENU. 2% to 3. Visit Site. Payment Savvy is the leading high-risk merchant processor offering low-risk mainstays – transparent and fair pricing, no contract terms, and 5-star customer service. It affects customer experiences, your finances, and more. PaymentCloud: Best for high-risk businesses. When a merchant is processing too much in a given month, it can be a red flag for fraud or incoming chargebacks. With most buyers inclined to pay with a card, a Spanish merchant account is a no-brainer for businesses that want to keep their products and services accessible. Clearly Payments Review - February 6, 2023. Card present transactions. Merchant services include payment processing, merchant and business bank accounts and point-of-sale solutions. Moonlight Payments Overview. 55% for swiped transactions. Interchange fees are set by Visa, Mastercard and other card brands. Call us Toll Free (866) 509-7199. National Processing is a fit for small businesses that want to work with a traditional, low-feature payment processor in exchange for significant savings on fees. You need a merchant account too or are not sure what you need. We carefully combine high-quality services with low prices to further our goal of becoming the leading high-risk merchant account provider in the country. High-risk businesses are charged greater processing fees than low-risk enterprises to determine the interchange cost they will pay. It’s nearly impossible for an eCommerce business to survive without accepting credit or debit cards in today’s time. The 10 Best Online Credit Card Payment Processors For Small Business. Leaders Merchant Services: Affordable Recurring Payment Processor With Negotiable Contracts. However, the company specializes in serving the high-risk community, accepting a very wide variety of industries that ordinarily struggle to get approved for credit card processing. 00:03. They only started providing high-risk merchant accounts in later years. Primary business location is in low-risks regions, such as the European Union, United States, Canada, Australia, Japan, Singapore, or South Korea.