High Risk Merchant Accounts
The following is a list of merchant categories generally considered to be "high risk". Merchants running these types of businesses often experience difficulty in being approved for a merchant account.
- Travel (including vouchers, high tickets, reservations, accommodations)
- Medical billing is acceptable in the US
- MLM--we can only do some MLM's, not all. If they are a "get rich quick" scheme we most likely cannot accept it. But, if it is a good business model, with a tangible service or product behind it (like phone service or vitamins etc), then we can work with it.
- Electronics--high tickets etc for B2B and home-based drop-shipping electronics is acceptable
- Timeshare & real-estate advertising merchants
- Replica products- US Domestic Accounts
- Herbal supplements (not steroids, but herbal supplements are okay in the US)
- Financial consulting (tax advice or investing sites--like monthly Stock/commodities tips/tools, real-estate, etc)
- Calling/Phone cards /VOIP Services
- High tickets & high volume--Jewelry etc
- Adult--both products (DVD's/toys) or content is fine (video downloads/photo galleries/memberships etc). Adult merchants must register with Visa/MC to be legit in the US. DVD rental programs are okay.
- Telemarketing--Outbound depends on product line or history. Inbound is fine.
- Escort Merchants --No registration needed, can be done as retail with non-qual rates applying unless they have a wireless terminal (cost is $550 or so for a wireless terminal), otherwise imprints needed
- Dating Merchants--must register with Visa/MC
- eBook or Software/Digital download merchants
- Tickets--sporting, event (depends somewhat on biz model, how far in advance etc)
- Prepaid debit cards
- TMF merchants- both retail and Internet
- Demand Draft Check program- Check 21 compliant
- Canadian Retail and Internet Accounts
- Private Label Processing Gateway- Certified on FDMS Nashville, Global East, Concord Bypass, Paymentech Salem and Tampa, Vital, Pago plus a number of other International Platforms. Includes modules for recurring billing plans as well as ability to set up Agents
- DPOS software- Virtual Terminal – for small to medium sized businesses
- High Risk ACH program
- International Offshore Merchant Accounts ( must not be start up companies)
We have affiliated with a merchant services provider specializing in obtaining merchant accounts for clients in the above categories.
To have your business considered for an account, please fill out the below Pre-Qualifying Questionnaire. The service provider will then contact you directly to begin the application.