High Risk Merchant Service

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We specialize in HIGH RISK MERCHANT SERVICES and merchant services for High Rish Merchant Services Product businesses. We approve practically every business type, even if you have been turned down for credit card processing. With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers.

Don’t hesitate, call us immediately for assistance. Our dedicated staff is standing by to assist you. Our typical turn-around time is 3 business days and in some cases the same day. We look forward to working with you  Apply Today

Every business has its fair share of risks. It is simply a given in the business world. However, some businesses come with more inherent risks than others. If your business has lots of high risk factors, you may scare potential investors and partners. While a high risk designation does not mean doom, it only means that you may face an tough task trying to get your business started. If business has been deemed high risk, HRMA-LLC can get you approved for high risk merchant services.

What is High Risk Merchant Services

High risk merchant services is a merchant account that enables businesses in the high risk category to accept credit and debit card payments from customers. While it was safe to say cash was king in times past, the tide is changing. Serious, profit-oriented businesses need to accept electronic payments, and signing up for a merchant account is the only way to do that.

High risk merchant services including everything from hardware and software to specific products that ensure high risk merchants can process online or mail order sales. The job of a high risk merchant account service is so important that the moment when a customer swipes their card through a card terminal marks only the initial part of the process. Following this process, a complex communication process between your business’ bank and the customer’s bank takes place – an intricate process handled which will be handled by a merchant service.

Although the cost of a high risk merchant service is typically higher than that of a traditional merchant service, most business owners still opt for their services as they enable them make sales that might otherwise be impossible.

What Business Types Require High Risk Merchant Services

Businesses deemed high risk face an uphill battle when it comes to getting a merchant account for their business. Here is a list of businesses that require high risk merchant services:

• Debt Collection Agencies

Debt collection merchant’s are deemed high risk due to a variety of reasons. The potential of chargebacks is one of the most common reasons. Another factor that causes merchant services to consider this industry high risk is that there is a potential for customers to miss payments.

• Gaming Businesses

Over the years, the gaming business has become a key part of a profitable and well organized gambling industry. Its high volume turnover is a major reason why the industry is considered high risk. Gaming businesses are also typically based offshore – in areas where fraud and money laundering hold sway. The industry also has a high potential for refund requests and chargebacks, and this would increase the liability incurred by a merchant service for processing for the business.

• Adult Entertainment Companies

Companies in this industry are usually considered high risk because most of them are subscription-based services, where customers are required to pay on a minute-by-minute basis. Like gaming, companies in the adult entertainment industry also process large transaction volumes and typically have little to no credit card processing history.

• Medical Marijuana Businesses

Marijuana has been legalized in many states in the U.S. However, it is yet to gain legal states on the federal level. What’s more, many persons still consider the use of marijuana to be illegal, making it especially difficult for businesses in this industry to get approved for cannabis merchant accounts.

Why is My Business Considered High Risk

Often, business owners struggle with the “high risk” designation and may have no idea why their industry is deemed high risk. High risk businesses fall into either the grey area (businesses deemed high risk due to their performance or processing history) or red zone (businesses deemed high risk due to the nature of their industry), depending on the potential of risk in the industry.

Several factors can determine how merchant services view a business. Factors like probability of refunds, chargebacks, and business history determine the risk level of a certain business type. In fact, processors believe that a merchant who faces lots of refund requests isn’t doing something right, and would be a liability.

Other business owners have to struggle with the “high risk” tag no matter what individual business history they may have. These are businesses in the red zone. In order to accept credit card payments, these businesses must find an international option.

Businesses in the grey area are considered high risk either as a result of their processing history or their business is reviewed and deemed high risk on a case by case basis. Businesses in this zone typically have healthy financial and processing history, and can find a U.S. based provider to help them accept credit card payments.

How to Apply for High Risk Merchant Services

Applying for a high risk merchant account is a relatively simple process; it is important that you prepare ahead of time so you can submit all of the necessary documentation. This is the best way to avoid a slow or delayed decision making process. Paperwork required for this application include:

• The Application Form

The high risk merchant account application form is designed to gather basic information about your business and the principles guiding it. This includes average sales amounts, processing volumes, email addresses, website address, phone numbers, tax identification number among others.

• Articles of Incorporation

You will be required to provide a valid copy of your business’ paperwork. If you do not have one, you may be able to get a copy for free or small fee from the Secretary of State’s office.

• Voided Check

A voided check is important for the bank account where the merchant’s funds will be deposited.

• IRS Form SS-4

This form is sent directly from the Internal Revenue Service (IRS) and is designed to verify the Federal Employer Identification Number of your business.

• Business Financial Statements

Your business financial statement may be required, depending on the monthly processing volume requested.

• Processing Statements

If your business has processed credit and debit card payments in the past, you will be required to submit monthly statements. Depending on your situation, the processing statement should include the most recent three to six months.

• Business Bank Statements

Like the processing statement, you would be required to provide the most recent three to six months of your business bank statements. This would be crucial for the underwriting review.

Is your business considered high risk? This is no doom and gloom. Ultimately, you have the best knowledge of your business, and you know where you’d like it to be in the future. With a wide range of high risk merchant services available today, you can pick a provider that offers the best services that would get your business where you want it to be.

Our Benefits:

  • Fast Secure Online Application, provides secure online submission.
  • Multiple Platforms, including CRM & Ecommerce Solutions.
  • Dedicated account managers with decades of experience to share.
  • Diverse Acquirer’s with risk appetite & tolerance for the auto warranty industry.
  • Fast decision turn-arounds on application packages.

Our Mission:

Our goal is to approve all merchants, regardless if you have been shut down or turned down in the past. We understand mitigating circumstances such as chargeback ratios & exponential monthly volume growth can devastate a bank relationship, causing a merchant closure or substantial holds place on an account to protect the bank from losses.

We are dedicated to making every attempt to resolve issues and get your account approved. Our commitment to excellence and going the extra mile to exhaust every opportunity is our mantra. We strive to exceed expectations and utilize our expertise and competence to deliver unsurpassed customer satisfaction.

Our Commitment:

With our team’s unique experience in the payment space, we bring the vital expertise to get your account approved quickly and painlessly. Our staff is committed to providing unsurpassed customer service and strive for 100% customer satisfaction. Give us a call today to discuss all of yourcredit card processingneeds.


At High Risk Merchant Account LLC, your business success is our ultimate goal. Our dedicated staff is standing by to assist you in navigating the payment processing space. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Call us immediately to get on the fast track for High Risk Merchant Services approval. Our typical turn-around time is 3-5 business days and in certain cases the very same day. We look forward to working with you!      Apply Online Today