These days it is much easier to locate providers of high risk merchant accounts, due to the stiff competition amongst merchant account providers. So far we have seen the best comparisons and highest reviews associated with Merchant Accounts from ClarityUSA.
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In fact there is probably a provider out there for almost all types of high risk businesses. It may take longer to obtain the account - and there may be some perhaps uncomfortable conditions imposed upon you - but it almost always possible. |
Below are the four High Risk Merchant Accounts categories.
Just click on the category that is appropriate for your situation.
Due to the risks involved for the providers of high risk merchant accounts, they may in some circumstances insist upon maintaining a reserve fund, as security.
This could take the form of a cash deposit from you, or withholding a percentage of your sales revenues from your credit card transactions. Personal guarantees of company officers is also a possibility. Another condition sometimes imposed on high risk merchant accounts is a limitation on the monthly sales volume that can be processed.
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