High Risk
Merchants
High risk merchant accounts allow businesses who are considered high-risk, to process payments online. Businesses looking for instant approval in the high-risk space can apply through Pay Trust Corp and receive competitive rates on their merchant accounts and payment gateways.
What is a High Risk Merchant Account?
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High risk merchant accounts are a payment processing service for businesses in high risk industries
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A Paypal merchant account, for example, will only support businesses that are low risk
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Different factors would require you to find high risk merchant services
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Factors from credit score, chargebacks, to industry type can categorize your business as high risk
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Instant approvals for high risk accounts are uncommon but possible for established businesses
How To Get Fast Merchant Account Approval​
Address high trading volumes in a cover letter. Trading volumes impact the risk to the processing company. Showing a strong processing history with a great deal of money moving through the business can increase the chance of approval. Finally, high risk merchant accounts should have a plan to address long fulfillment duration. Fulfillment duration refers to the amount of time it takes between when payment is collected and when the service or product is delivered. The longer the fulfillment duration, the higher the risk of chargebacks. Therefore, the riskier the business. Reducing the fulfillment duration or showing strong reserves makes the merchant a lower risk.
Reliable Processing Solutions
Choosing the most reliable high risk merchant accounts from a reputable payment processor, like Pay Trust, is critical to your business’s longevity and long-term success.
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Retailers need to be aware of the hurdles they face on their journey to securing a payment processing company. Pay Trust Corp specializes in the high risk industry and understands all the ins and outs connected with businesses of this type.
Pay Trust Corp knows how to handle credit card payment processing for virtually any business model and offers options for chargeback protection along with a merchant account for your business.
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Collection Agency Merchant Account
The collection agency industry is considered high risk, and if you need collection agency credit card processing solutions, you need to know how to secure a high risk collection agency merchant account.
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Dating Merchant Account
Pay Trust Corp will pair your online dating merchant account with the most compatible payment processing relationship for you and your business. We’re experts in the industry of payment processing and are here to reassure you that just because your online dating merchant account is one that is considered high risk, doesn’t necessarily mean that online dating merchants shouldn’t be afforded the same opportunities for success as other businesses who might be deemed as low risk.
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Pawn Shop Merchant Account Solutions
Hard-working business owners like you, need the right credit card processing partner for your business. But finding a fair processing solution can be difficult. We specialize in accounts that are considered to be high risk, which is the case for many pawn shops.
Swap out the bad rates on your pawn shop merchant account for great ones with Pay Trust Corp. Our pawn shop credit card processing helps you process payments online.
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Firearms Merchant Account Services
In an industry where many doors are closed, a friendly credit card processors are essential. These processors understand the firearms business and are willing to work with merchants in this high-risk category. Pay Trust is proud to be among the top gun-friendly credit card companies, offering robust solutions for firearms businesses.
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Adult Payment Gateway & Merchant Services
Does your adult payment gateway turn you off? We are the adult payment processor you need to grow your online business and accept credit card payments. From novelties and toys to adult books and magazines, we have the adult merchant account solutions you’re looking for.
​Understanding the unique challenges of the adult sector, Pay Trust Corp facilitates quick approvals for your retail or eCommerce adult merchant account, enabling seamless debit and credit card transactions for sustained business growth.
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Travel Merchant Account Solutions
Pay Trust Corp will navigate rates and will help you open your travel merchant account. We have travel merchant processing for vacation rental companies and more. ​The travel industry is categorized as high risk due to the way debit and credit card transactions are processed. When unexpected issues arise that may cause the person not to redeem their ticket, reservations, or the product purchased and a refund is requested, this common factor is what categorizes the travel merchant accounts as high risk.
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Sports & Gaming Merchant Services
A gaming merchant account is essential for online businesses in this unique industry. Pay Trust Corp provides payment processing solutions for gaming businesses domestic and offshore. We are your credit card processing solution at rates that help you win big. When it comes to providing casino and online gaming merchant accounts, Pay Trust Corp is leading the industry.
We approve high risk merchant accounts with the services you need to successfully run your eCommerce business. Debit and credit cards are the natural progression for online gaming businesses. Nowadays, with the integration of app games and smartphones, the industry continues to grow. So, where do you go when you need a sustainable online gaming merchant account?
Unfortunately, traditional banks aren’t the route. Luckily, companies that specialize in high risk merchant accounts are a perfect fit. There are certain regulations in online gaming or gambling businesses. To that point, some states may prohibit the industry as a whole. As a result, national online gaming is categorized as high risk.