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The Best High-Risk Merchant Account Providers

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Frank Kehl

Frank Kehl

Frank Kehl has been writing about merchant services, payment gateways, and international money transfer services since 2015. He has a Bachelor of Science degree from Penn State and a Juris Doctorate from the Ventura College of Law. After a long and enjoyable career of traveling around the world as an Air Force navigator, he’s comfortably settled down in the wine country town of Paso Robles in California’s scenic Central Coast region. He enjoys reading, photography, hiking, and numerous other outdoor pursuits.
Frank Kehl
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37 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Tommy Ahlf

    Hi Frank, Thank you for your article. I am an ISO that is looking for acquiring banks and processing partners that will work with us to grow our high risk portfolio. Do you have any suggestions?

      This comment refers to an earlier version of this post and may be outdated.

      Jessica Dinsmore

      Hi Tommy,

      We don’t review or have a relationship with any of the acquiring banks, so unfortunately we can’t offer you any advice. We wish you all the best!

        This comment refers to an earlier version of this post and may be outdated.

        Roberto

        Your merchant payment processors reviews are great, but they do have one thing missing:
        Many of your readers are probably small, one-person operations, not incorporated or even registered businesses.

        Your reviews should include “Requirements To Open An Account”, stating whether your business needs to be a Registered business, or if it can be a “Doing Business As” type operation. You can also list other requirements.

        Roberto Santana
        Downline Farm

          This comment refers to an earlier version of this post and may be outdated.

          Nathanael

          Why are practically all of these companies resellers who “place” you with a different payment processor? Is there no list of payment processors and acquiring banks which you can deal with *directly*?

            This comment refers to an earlier version of this post and may be outdated.

            Jessica Dinsmore

            Hi Nathanael,

            That’s a good question! Our impression from reviewing so many of these companies is that the big direct processors don’t want to be bothered with high-risk merchants – at least not by signing them up directly. As an individual high-risk merchant, you have virtually no bargaining power against these companies. A reseller that can sell hundreds – or even thousands – of accounts, on the other hand, can leverage their bargaining power to get pricing breaks that an individual business owner would never receive. That’s why so many of the resellers are less expensive than the direct processors they’re working with.

              This comment refers to an earlier version of this post and may be outdated.

              Tanya Chi

              We are a crypto startup currently looking for a payment processing partner for our clients to have the benefit of buying crypto using their own credit card and thus need a solution for the same. Since crypto falls under high risk category- could you recommend a few EU companies that can help us to work and integrate within the European jurisdiction? Thanks beforehand.

                This comment refers to an earlier version of this post and may be outdated.

                Jessica Dinsmore

                Hi Tanya,

                To be honest, this isn’t something we’ve researched much yet, so it may be a bit outside of our expertise, but I can say, that Durango is High-Risk processor that appears to support businesses in Europe. I’d suggest reaching out to them to see if they can accommodate your startup.

                  This comment refers to an earlier version of this post and may be outdated.

                  Royce

                  Hi there, have you ever heard of such a high-risk processor like PaySpacelv?
                  Do they trustworthy?

                    This comment refers to an earlier version of this post and may be outdated.

                    Jessica Dinsmore

                    Hi Royce,

                    We haven’t yet reviewed PaySpacelv, so we can’t confidently give an assessment one way or the other.

                      This comment refers to an earlier version of this post and may be outdated.

                      Matthew Cunha

                      Hello

                      im trying to find a merchant that will accept my business.

                      I provide my sports predictions to the public on a monthly subscription

                      do you have any recommendations?

                        This comment refers to an earlier version of this post and may be outdated.

                        Jessica Dinsmore

                        Hi Matthew,

                        Thanks for writing. All of the merchant account providers mentioned in the article are worth checking out. I think Durango should be able to accommodate your business type. Give them a call and see if they are a good fit. Best!

                          This comment refers to an earlier version of this post and may be outdated.

                          AMy

                          Would like to know which merchant is best for cbd hemp products ?

                            This comment refers to an earlier version of this post and may be outdated.

                            Shuvael

                            Hello,
                            We are looking for a merchant account and payment gateway solution for e-commerce business of computers and software. My company will provide remote tech support services. The company is a new company and does not have any credit history or business history. However, the owner has a business history. He is already engaged in business but has had a credit card merchant account canceled in the past. Any recommendations?

                              This comment refers to an earlier version of this post and may be outdated.

                              Jessica Dinsmore

                              Hi Shuvael,

                              We don’t have enough info to make a solid recommendation, so I’d probably recommend CDGcommerce, and if you are denied, then you’d want to take a look at Instabill. Tech support can be tricky. Best of luck!

                                This comment refers to an earlier version of this post and may be outdated.

                                Lee

                                I tried contacting instabill and without hearing much about our business or the situation the “sales manager” immediately said she couldnt help us. She didnt work with banks that allowed “those types of transactions” Those types were our advertising PPC transactions. So much for them being helpful.

                                  This comment refers to an earlier version of this post and may be outdated.

                                  rob

                                  need merchant account

                                    This comment refers to an earlier version of this post and may be outdated.

                                    Jessica Dinsmore

                                    Hi Rob,

                                    Give our filtering tool a try to see which merchant account providers we suggest for your particular business.

                                      This comment refers to an earlier version of this post and may be outdated.

                                      navin

                                      Hi I need a virtual terminal for an online pharmacy and do not own a license for the same so is there a legit company who can offer me the virtual terminal facility to accept MOTO payments? it will be taken care of for the USA so the requirements for a USA citizen can be met.

                                        This comment refers to an earlier version of this post and may be outdated.

                                        Jessica Dinsmore

                                        Hi Navin,

                                        I’d suggest contacting Instabill to see if they can help you out. Good luck!

                                          This comment refers to an earlier version of this post and may be outdated.

                                          Adam

                                          I’m having the hardest time finding clear recommendations anywhere for a list of high risk, low volume sale merchant account providers that are compatible with ebay.

                                          I sell on ebay under a lot of random categories. Just a few examples of the categories are vintage, antique, jewelry, new items… mainly I sell live cactus cuttings though. I sell about $2,500 to $3.000 a month with a $65. per item average. Paypal is no longer an option either.

                                          Please any help would be most appreciated. Thanks.

                                            This comment refers to an earlier version of this post and may be outdated.

                                            Jessica Dinsmore

                                            Hi Adam,

                                            It looks like ebay has a very short list of approved processors here.

                                              This comment refers to an earlier version of this post and may be outdated.

                                              drew

                                              Hiw do I find a independent sales agent who will submit my information to many many merchant prividers so I don’t have to?

                                                This comment refers to an earlier version of this post and may be outdated.

                                                Jessica Dinsmore

                                                Drew, I’ve never seen that in practice, but you can use a service like CardFellow that pretty much does the same thing.

                                                  This comment refers to an earlier version of this post and may be outdated.

                                                  J

                                                  What processor do you recommend for a Gentlemen’s club?

                                                    This comment refers to an earlier version of this post and may be outdated.

                                                    Jessica Dinsmore

                                                    Hi J,

                                                    All of the merchant account providers mentioned in the post you are commenting on cater to high risk businesses. We’d need more info to give you a recommendation, but you can give our filtering tool a try to see which one is best suited for your particular business.

                                                      This comment refers to an earlier version of this post and may be outdated.

                                                      VIDIT JAIN

                                                      Hi,

                                                      WE ARE A TRAVEL AGENCY BASED IN NEW YORK NAMED PENNY FLY LLC .
                                                      WE WANT TO GET ASSOCIATED WITH YOUR COMPANY FOR ACCEPTING CREDIT CARD PAYMENTS FROM OUR CLIENTS ONLINE AS WELL AS OFFLINE

                                                      LOOKING FORWARD TO HEAR FROM YOU .

                                                        This comment refers to an earlier version of this post and may be outdated.

                                                        Jessica Dinsmore

                                                        Hi Vidit,

                                                        Thank you for the question. At Merchant Maverick we don’t offer any processing services, but rather we review and rate them. Based on your requirements, I think Durango Merchant Services would be a great choice.

                                                          This comment refers to an earlier version of this post and may be outdated.

                                                          Roma

                                                          Thanks!
                                                          I’m starting a new coaching business. We’ll be selling high-ticket online services. We’re just starting out so I have no credit or transaction history. Any suggestions?

                                                            This comment refers to an earlier version of this post and may be outdated.

                                                            Jessica Dinsmore

                                                            Hi Roma,

                                                            This article which you’ve commented on actually has several good recommendations for your situation. I would say Durango Merchant Services or Payline Data will be your best bet.

                                                              This comment refers to an earlier version of this post and may be outdated.

                                                              MANOJ SHARMA

                                                              Hello there,

                                                              We are looking for a merchant account and payment gateway solutions for ecommerce business of computers, Softwares etc. Moreover we will provide remote tech support services also. The company is new company and not having any credit history and business history. However the owner has business history. He is already engaged in business of other verticals but not having credit card processing history. Could you suggest best solutions for the same.

                                                                This comment refers to an earlier version of this post and may be outdated.

                                                                Jessica Dinsmore

                                                                Thank you so much for the inquiry Manoj. I think Instabill would be your best choice in this case. They are well-versed in dealing with Tech Support businesses so I think you’ll have the best chance of success if you apply with them.

                                                                  This comment refers to an earlier version of this post and may be outdated.

                                                                  Genx

                                                                  A very good and helpful article.

                                                                  We are trying to start up a collection agency in Europe, and I’ve been trying to find a merchant with virtual processing terminals for our agency. Merchant providers ask us for company transaction history, but we have none since we haven’t yet started to work. What should we do?

                                                                  Thank you

                                                                    This comment refers to an earlier version of this post and may be outdated.

                                                                    Chloe Bahal

                                                                    Hello,

                                                                    Thank you for reaching out. I would recommend taking a look at Durango Merchant Services and Instabill. I would encourage you to use the green “visit site” button within our reviews if you would like to support our work. I hope this helps and if you have further questions please don’t hesitate to let me know.

                                                                      This comment refers to an earlier version of this post and may be outdated.

                                                                      Collin

                                                                      Frank,

                                                                      Thanks for all the help!

                                                                      I’m creating a skill-based gaming web application and am running into problems as well.
                                                                      Do you know of any solutions beyond the ones listed who could be of service?

                                                                      Cheers

                                                                        This comment refers to an earlier version of this post and may be outdated.

                                                                        Frank Kehl

                                                                        Collin;

                                                                        Check out our recent review of Easy Pay Direct. They’re another good high-risk provider.

                                                                          This comment refers to an earlier version of this post and may be outdated.

                                                                          Antony

                                                                          I am trying to find a merchant! We are a online head shop, we sell water pipes and vaporizers. Problem is I believe either our Brand Name or our Website content may be preventing us from getting approved. We keep trying and getting denied. Any help or opinions would be greatly appreciated!

                                                                            This comment refers to an earlier version of this post and may be outdated.

                                                                            Frank Kehl

                                                                            Antony;

                                                                            Your line of business is going to be classified as high-risk by almost all providers. Any of the companies profiled in this article would be a good choice, but you might have a better chance of getting approved for an account with either Durango or Instabill.

                                                                              This comment refers to an earlier version of this post and may be outdated.

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                                                                            Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.