A high-risk merchant account is a business account or merchant account that allows the business to accept credit cards though they are considered risky by the banks and credit card processors. Close. Not all merchant services providers require a merchant account. “ Market share of cash, credit cards. 75% plus 30 ¢ents per. In Summary: The 8 Best Offshore Merchant Account Providers For Small Businesses. Merchant Account. We understand the unique needs of the varying types of adult businesses. High Risk Merchant Accounts are accounts that are set up by specialist financial institutions to provide credit card processing services to those business types that fall under certain high risk business categories. Top 15 Industries where the Best High Risk Merchant Account provider can provide reliable and affordable payment processing services. Home; Related News & Articles; Services. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high-risk business types. PayKings is the preferred adult merchant account provider in the adult industry. Here is a detailed list of merchant. Some exploit the high risk tag and charge higher rates and larger reserves than they need to. You’ll pay $49 per month plus $0. For businesses that need a high-risk merchant account, make sure you consider PaymentCloud, or if you have a high volume of transactions, Payment Depot might be. ” Shopify Holds Funds: Merchants frequently complain about their funds being withheld in reserve, but this is standard practice if an account has an elevated. Net payment gateway integrated with a high-risk merchant account specifically approved and underwritten for a specific product category or marketing method that most merchant account providers generally prohibit. A high-risk merchant account is a type of business bank account set up by a payment processor that allows merchants to accept credit and debit cards for their business, even though they have been labeled as a high-risk business by a previous processor or payment service provider. How to open a high-risk merchant account: 8-step guide. See more about High Risk Merchant processing With approval turnaround time. 805. that the merchant may not fulfill their responsibility to pay for the charge-backs, then it may be considered high risk. PayPal: Best for occasional sellers and small merchants selling on marketplaces. Businesses looking for instant approval in the high-risk space can apply through Signature Payments and receive competitive rates on their merchant accounts and payment gateways. Normally, you'll be charged a fixed monthly fee (usually between £25 and £75 per month) and then fees on top of every payment you take (which typically range from 1. Determine the payment plan. The Best Merchant Account Service Providers of 2023. until 6 p. 09%. With high risk merchant accounts, the bank may use risk management strategies like a rolling reserve, to protect the bank and the merchant from potential losses. But high-risk businesses may be tied to long-term contracts (2-3 years). 0 bn market size for 2023 and projected growth of 1. Our solutions also support both US dollars and euros,. 6) Picking The Right High Risk Provider. These fees are quite high compared to some other providers, but you can be approved for your merchant account in around 48 hours. Paycron offers flexible low, medium, and high-risk payment processing solutions with no restrictions. Research Providers: The business should research high-risk merchant account providers that meet its needs and are reputable, have clear terms, and offer. Merchant services should support your business, not drain it with excessive fees. Getting a high-risk or offshore merchant account doesn’t have to be a hassle when you work with Payline Data. If you’re looking for a merchant account and have had trouble getting approved because you’re in the high-risk category, it’s a solid choice. When choosing a merchant account provider, businesses should consider factors such as experience, reputation, customer support, and competitive pricing. Usually offers tiered pricing to bad credit merchants. Durango Merchant Services: Best for eCommerce merchants. Let us handle your high risk merchant services today. Working with a qualified high-risk. Fastest application process: Soar Payments. Like most high-risk merchant account providers, PaymentCloud is not a direct processor. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving businesses of nearly any type. PayCly is a pioneer in online high-risk merchant account services in Singapore. Their services cater specifically to businesses operating in high-risk industries, providing robust payment processing solutions while keeping fees affordable. In many cases, you’ll need to sign a longer contract and keep a larger cash reserve. The merchant account provider will approve your application if you fall into its low-risk category. High-risk merchant account fees are the fees charged by the provider in order to offer you the merchant account service. Finding the best ACH payment processing companies for your small business often comes down to selecting a reputable company that can provide both ACH and credit/debit card processing in a single package. With a 98% approval rate, we take pride in being able to accept almost every business type, regardless of risk level. PaymentCloud: Best For High-Risk eCommerce. Host Merchant Services. To accept such payments, a business has to have a valid merchant account. With us, you do not have to pay high account fees as we know the challenges of running a business and are invested in being the partner you can count on for all your payment processing needs. This is mostly because high-risk merchant accounts are highly personalized based on the business as well as the trustworthiness of the business owner. Fraud occurs when someone makes a. Before selecting a high-risk merchant account provider, make sure to perform adequate research about providers who have histories. A high-risk business is a business that has certain unique credit card challenges that are specific to how it processes payments. The Problems For High-Risk Merchants. Our hardworking team is ready to help you right now. Soar Payments: Best for High-Risk eCommerce Businesses. Internet Merchant Account. com ; Search. The bank then sends the information to the card issuer. Major card brands categorize merchants using merchant category codes (MCCs), and payment service providers must ensure that their merchants are accurately coded. They can assist with both online and offline payments and provide you with a range of options, including credit cards, check processing , and even digital methods like contactless payment or crypto. ). Net. You will probably pay at least $25/month to maintain your high-risk merchant. Payment Depot Merchant Services. You can also include the last three months of bank statements in your business. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. How to Establish a Merchant Account 1. Looking for High Risk Merchant Account Providers in USA? Elmore Merchant Services provides High Risk Merchant Account in USA. The merchant account acts as the middleman between the. This adds unparalleled convenience and increases the likelihood of people donating. An offshore merchant bank account is one established for eCommerce companies in a non-resident country. There is a reason why High Risk Merchant Solutions has been in business for nearly a decade and remains an industry leader in high risk merchant account processing. com or call (888) 924-2743. 5 Cheapest Credit Card Processing Companies In 2023. Stax: Best for Subscription Pricing. PaymentUSA offers a wide range of Merchant Account Services for making your transactions quick and easy! Start accepting credit cards today!. High Risk Choice Delaware, United States Write A Review Visit Website 2008 $5 million - $10 million 145 650 99 MGet started or call us today at (800) 621-4893. PaymentCloud. 2. Navigating High-Risk Credit Card Companies in 2023. 2Monetize: 6. 1. First Card Payments offers high-risk merchant accounts and credit card processing. 1. Depending on your industry, we have multiple payment processing solutions, including high-risk credit card processing and high-risk ACH processing. The best HIPAA-compliant payment processing providers are PaymentCloud, Host Merchant Services, Helcim, Square, Dharma Merchant Services, Chase Payment Services, and Clearly Payments. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. comHence, it could be challenging to find good high-risk merchant services that fit your demands. Historically, merchants in high-risk categories have had few options for payments. With reliable customer service and a user-friendly platform, your merchant services provider becomes a partner. Thus, high-risk merchant account helps merchants considered high risk to accept debit and credit card transactions. Recent studies show that more than 65 payment providers offer CBD merchant accounts in the US. Extreme Peptides, 3. Paycron has an extensive network of providers for your business. Merchant account fees. One example of a possible chargeback situation in a travel agency is if a customer books an international travel tour one year in advance, and is charged upfront for the costs through a credit card. The company specifically markets. Do you need a high-risk merchant account but can’t seem to get approved? Don’t worry – QuadraPay is here to help. 5. BankCard USA has offered high-risk merchant accounts since 1993. Some of the documentation you should be expected to submit as part of a WooCommerce application include details about your business’s sales. Merchant account providers are the most traditional type of merchant service provider. ACH on Authorize. When you’re taking high value, high-risk payments every day, you need to make sure your payment provider can keep up. The best thing to do is to find a provider that specializes in high-risk merchant accounts. PaymentCloud. Exclusive Promo: PaymentCloud will give you $200 if they can't beat. 2) What is A High Risk Business. A high-risk merchant is a company with which most credit card processors will not do business due to the merchant’s potential for fraud or high customer dispute volumes. 75%, and you’ll also pay around €950 in annual bank fees, a setup fee of €100, and a monthly fee of €20. Best High-Risk Merchant Account Providers for Small Businesses in 2021. Luckily, Instabill takes on the responsibility. This includes CBD and Kratom businesses. Our commitment to beating competitor rates, dedicated customer service, and thorough rate review. We provide High Risk Payment Gateway in USA A company do come in category of high risk if: – It operates within a high-risk industry Presence of risk of financial failure Both the above factors might affect the company’s. Examples include online gambling businesses, subscription-based businesses and pharmaceutical businesses, among others. 35 per transaction. 75% of the total volume. Soar Payments is a leading high risk merchant account provider, offering credit card processing for hard to place and non-traditional businesses. This is where high risk merchant account providers come into play. National Processing. Skip to content (866) 582-3062; info@elmoremerchantservices. Today, market pressures and competition from low-cost payment service providers (PSPs) have forced most reputable processors to eliminate these charges altogether. Press & Events. PayOp. The funds collected from transactions (less. e. In thisView our rankings of the best high risk merchant account providers for collection agencies. 99% approval rate. For example, merchant sells nutraceuticals. But high-risk businesses may be tied to long-term contracts (2-3 years). EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB. That being said, any business falling under the high-risk category should look for a high-risk merchant account provider right away. Note that high-risk merchant accounts may still require these fees due to the much more extensive underwriting process required to get approved for a high-risk. The five providers we’ve listed above are all great options for businesses of all sizes. A merchant account is a bank account into which a merchant's payment processor. BankCard USA specializes in game-changing credit card processing solutions for merchants considered high risk. Best one-stop shop: First Card Payments. High Transaction Volume. Braintree: Best for online sales across borders. When you call or email, you’ll always speak with our friendly, in-house client support team. 3. An ISO allows retailers to process credit cards without having a. 2. Providers assess risk based on criteria such as processing payments in multiple currencies, high transaction volumes, subscription billing models, or operating. Dharma’s monthly fee is $20 per month. com. In that case, the merchant must be ready to declare the composition and. Call us immediately to get on the fast track for high risk merchant processing, and get your high risk merchant account approved fast. Many other merchant service providers refer high-risk businesses to PaymentCloud because of its excellent reputation in getting businesses approved. For example, ecommerce brands can expect to pay 4% per transaction while dating sites are looking at 6% and IT support 10%. All you need is a dedicated bank account to process payments. Show Summary. All sexually-oriented or pornographic merchants: (i. Blue Sky Peptide is a few example of successful e-businesses in the peptide industry with active merchant accounts. Authorize. For standard small businesses, payment processing fees may be 0. 15 per transaction. Merchant One: Best for easy merchant. However, firearms merchants are also classified as high-risk and obtaining an online firearms merchant account is extremely difficult. Ikajo. Helcim: Best for interchange-plus pricing. If your business operates in a high-risk industry such as gambling, travel, or pharmaceuticals, high-risk merchant account providers like Instabill and ccNetPay may be suitable. Contact Us — High Risk Merchant Accounts Available Today. Looking for a Drop Shipping Payment System? High Risk Merchant Account & Payment Gateway Provider⚡ Instant Approval Contact us ☎ (800) 956-1277. For one thing, they. You can even create follow-up campaigns and offer 2. There are certain providers which may generally avoid high risk merchants but have taken on one certain “niche category” like travel, gambling, CBD, adult or pharmacy. For a US merchant account, the merchant typically must have the following: 1) US Bank Account. Internet. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. NH03801, USA; EU Registered Address: Instabill Limited, 19 Giovanni Curmi Street, Lija, Malta [email. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving standard to high-risk business types. For some, this is because Shopify Payments is unavailable in their country. Here are the best marijuana payment processing companies & the truth about credit cards. Boasting 92% Excellent ratings over 64 reviews on Trustpilot, ProMerchant is one of the best-rated merchant services that supports brick-and-mortar retail stores, eCommerce businesses, restaurants, as well as numerous high-risk industries. Chat with us , powered by LiveChat Make sure that the merchant account provider can cater to your business as it grows. PCI/DSS is a high standard data encryption security that will allow you to transfer your money safely from one financial institution to other financial institution. Fast Approvals. Longer contract terms. While interchange fees may vary from company to company, in general, higher risk will incur higher fees. Get a free Clover Go card reader from National Processing. With a 98% approval rate, we take pride in being able to accept almost every business type, regardless of risk level. With a 90%+ approval rate, we strive to approve your high-risk merchant as soon as possible. If even 1% to 2% of your transactions are chargebacks, your merchant account provider might close your account, forcing you to look into high-risk merchant account solutions. They offer flexible payment solutions, including ACH and e-check processing, as well as. Get Accepted for a merchant account via our easy online application with the leader in merchant accounts for. Enjoy credit card processing solutions, a secure payment gateway, credit repair, a virtual terminal, etc. Its risk management and fraud protection tools are handmade for travel agencies, while its flexible merchant services packages are tailored to selling airline tickets, hotel. Merchant account providers are companies that offer a variety of solutions to help businesses by facilitating payments. In Summary: The 6 Best Virtual Terminals For Small Business. This could either be in the form of transaction volume or add-ons. The Terminated Merchant File, better known as the TMF list or MATCHlist (Member Alert To Control High risk), is akin to a ‘detention’ of sorts for merchants. Again, adult entertainment account and payment processing rates fluctuate with season. They also provide safe handling and storage of customer payment data. There are some risk factors that providers use to determine whether you fall into the high risk. Host Merchant Services is a Newark, Delaware-based merchant account provider that is able to provide merchant accounts for a large number of high risk business types. Stax by Fattmerchant. We feature a hassle-free onboarding process with banks. When you consider how e. We approve bad credit merchant accounts within 24-48 hours and quick setup once approved. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. We chose Treati. ¹ PayPal’s. A high-risk merchant account provider is a company that specializes in providing merchant accounts to businesses with higher risk profiles. High Risk Payment Gateway. A merchant account is a type of bank account that allows an individual, business, or organization to accept debit and credit cards as a form of payment. Merchant account fees. What is a High-Risk Merchant Account. High-Risk. The Best High-Risk Merchant Accounts of 2023 PaymentCloud: Best overall Host Merchant Services: Best for large high-risk businesses Durango Merchant Services: Best for highest-risk businesses SMB Global: Best for international merchants Soar Payments: Best for United States-based businesses For small-business owners in search of a payment processor that offers high-risk merchant accounts, NerdWallet has compiled a list of the best payment processors for high-risk. contacting Shark Processing to explore their offerings and determine the best solution. Its risk management and fraud protection tools are handmade for travel agencies, while its flexible merchant services packages are tailored to selling airline tickets, hotel. Guide You. Leverage Zen Payments’ network of over 15 direct bank and processor relationships to find the best long-term home for your merchant account. Host Merchant Services is a Newark, Delaware-based merchant account provider that is capable of serving most domestic high risk business types. Supported industries: Adult services, CBD, online dating, vape sales. The MATCH list is a blacklist that prevents merchants with excessive chargebacks and high-risk accounts from opening an account with another credit card processor. Low, Medium And High-Risk Accounts. There are many United States merchant account providers that specialize in high-risk businesses and will ensure your account stays open despite the risk of chargebacks,. SMB Global: Best for Ultra High-Risk Merchants. Instabill provides reliable, cost-effective merchant services that help e-commerce, retail and MOTO businesses succeed and thrive. They are made for merchants whose practices are may result in. Processes less than $20,000 monthly. , those with both physical and digital storefronts), Moonlight addresses the unique challenges faced by businesses in sectors like. Zero or low chargeback ratio. A high-risk merchant account allows you to expand your horizons in the corporate world by allowing you to participate in elements of it really. US HQ. PaymentCloud: Best For High-Risk Healthcare Providers. ProMerchant’s rates are 0. Square: Best for point of sale (POS) Payment Depot: Best for flat-rate pricing. We provide speedy and efficient credit card, debit card and ACH payment processing. The main reason for a rise in people opting to get a high-risk merchant account in the USA is the feature of instant approval merchant accounts in the USA. 3 percent THC. Tiered pricing usually offered to bad credit merchants. PayOp is a payment aggregator for various business types. NMI provides payment gateways—including high-risk payment gateways —used by more than 250,000 merchants worldwide. A rolling reserve that can be held for up to 180 days (or longer in some cases) after account closure. Since we process hundreds of millions in high risk volume every month, we have the experience to support high risk businesses nationwide. The Leading High-Risk / eCommerce Payment Provider. Usually, the processing fees for a standard merchant account are charged at 0. PayOp. High risk merchant account providers offer a lifeline to industries that face difficulties in securing payment processing solutions. PaymentCloud is a leader in providing high-risk merchant accounts to meet the needs of businesses across various industries. Thankfully, various high risk merchant account providers in usa specialize in serving companies outside the traditional lending criteria. High risk transaction fees for EU or UK businesses start from 2. However, choosing a credit card processing provider is a big decision. Our commitment to beating competitor rates, dedicated customer service, and thorough rate review. Accepts domestic & international cannabis merchants. View our rankings of the best high risk merchant account providers for bad credit. 10 per transaction. With an emphasis on personal attention and customized solutions for “bricks-and-clicks” companies (i. Industry is considered low risk e. Merchant services should support your business, not drain it. Read Review; ProMerchant. Nov 3, 2023 | Payments. Instabill is one of the industry’s leading high risk merchant account providers worldwide. Another provider might specialize in gambling, but not take on any. To help you find the right solution for your needs, we’ve ranked our picks of the best merchant services for small business available today. It doesn't have to be. Accessed on February 21, 2023. Headquartered in Durango, Colorado, Durango Merchant Services is a merchant account provider specializing in traditional and high risk merchant accounts for domestic and international businesses. You can submit at least the last three months of your credit card processing bills. Tier 1: This is the right option for businesses that process under $25,000 per month. Once your high-risk merchant account. You may be considered high-risk due to your processing history, which includes chargebacks. For more information, please contact us at 800. The company’s products and services include point-of-sale solutions (with specific packages. Then, EMB provides merchant account services tailored to these specific business needs. Though these businesses may be profitable, they can run into problems taking payments due to the non-availability of high-risk merchant accounts. In extreme high risk cases, the reserve may be. Authorize. BankCard USA takes a different approach. High-risk merchant accounts: Some industries have a higher risk of credit card chargebacks. Finding the right merchant account provider can be challenging, especially for high-risk merchants. TheEcheck provides the best payment processing solutions specially designed to deal with high risk merchant account. There. A high-risk merchant account is a label your payment processor has given your business. At the same time, we encourage you to check out some of our top-rated high-risk providers before deciding. L3 Payments is a merchant account provider for high-risk industries and hard-to-place merchants. GSPAY is a little-known high-risk merchant account provider that offers a variety of fixed rates for different types of businesses. We keep it simple with direct contact Monday through Friday from 8 a. io is a newly-established merchant account provider that caters to both high-risk and low-risk US merchants. Best for chargeback monitoring: SMB Global. Host Merchant Services may help your business grow as a merchant account provider. Leverage Zen Payments’ network of over 15 direct bank and processor relationships to find the best long-term home for your merchant account. If you’re interested in high risk payment processing, consider turning to EMB, the #1 high risk processor in the US. . A high-risk merchant account can provide the same types of services as low-risk providers. For example, a provider may have no problem with Adult, but not accept any other high risk. Third is vaping and e-cigarettes. High-risk merchant accounts: Some industries have a higher risk of credit card chargebacks. Host Merchant Services (HMS) is a traditional merchant account services provider that supports low-risk and high-risk merchants as well as nonprofits. Below are some examples of the businesses that would typically require a high risk merchant account in order to process credit. Host Merchant Services Top Rated for Kratom Merchant Accounts. First Card Payments offers high-risk merchant accounts and credit card processing. What is a high-risk merchant account? [A high-risk merchant account is a business account or merchant account that allows the business to accept credit cards though they are considered risky by the banks and credit card processors. They enable you to accept credit cards, debit cards, and electronic payments. Read our Review. Stax is a great option for established small businesses with high annual revenues. Bank Account opening services in offshore jurisdictions and Onshore jurisdictions based on clients` requirement for both personal bank account and corporate bank account. Get started today! Give us a call at 1-866-303-2558. These accounts come with higher fees due to the increased risk. A high-risk merchant account allows you to expand your horizons in the corporate world by allowing you to participate in elements of it really. Durango can provide processing for U. The best high-risk eCommerce merchant account providers know how important it is to safeguard customer information and protect your business from criminals. The Gun & Ammunition Stores industry is booming, boasting an impressive USD 20. Robust Offshore Payment Processing Solutions. We suggest 4 popular payment providers that cover high risk merchants: 1. Average card transaction is below $500. The top processors are determined based on competitive rates, etc. . We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. The company offers payment processing services for more than 170 countries with 300+ payment methods, including local acquiring. Therefore it is best to check with that particular provider. PaymentCloud. A high chargeback ratio means your merchant account provider loses money, too, which can negatively impact your business’s ability to accept credit cards in the future. These businesses often operate in industries associated with high chargeback rates, potential fraud, and legal or regulatory issues. It acts as legal permission to accept credit card payments online. Learn more about high risk payments. 9% this year. American Merchant Systems (represents 25+ different processing sources (US based banks, domestic banks, domestic merchant accounts, offshore banks, offshore merchant accounts, third party processing, ACH Check Processors, check guarantee services, check conversion services, and ATM machines. We’re here to help with that, credit and risk notwithstanding. Moonlight Payments excels as a merchant account provider — especially businesses with high-volume transaction needs. 2. Application Cost: 0 USD. For a detailed comparison of MX Mearchant vs. This could either be in the form of transaction volume or add-ons. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash. Approval can be obtained in four hours, and funds will be moved into your. Offshore high-risk merchant account providers can assist your company in various ways, regardless of your business and how long you've been in. Per standard industry practice, payment. How to apply for a high-risk merchant account. High-Risk Merchant Accounts Shark Processing is a distinguished leader in the realm of high-risk merchant accounts, serving clients since 2016. They have had to use either direct providers, horizontal industry gateways that have been open to serving high-risk merchants and high-risk specific gateways (e. Call Us Today (818)-825-7938 info@premieronepayments. With their advanced technology and expertise, businesses in high-risk industries can easily manage their transactions while reducing financial risks. National Processing offers different plans based on whether you’re accepting payments in-person or online, and it promises $500 if it can’t beat high-volume ($10,000 or more in monthly sales. Normally, you'll be charged a fixed monthly fee (usually between £25 and £75 per month) and then fees on top of every payment you take (which typically range from 1. WE APPROVE ALL HIGH RISK MERCHANTS: 1-800-type chat sites. A merchant account is a bank account that allows businesses to accept funds from electronic payments including credit and debit cards. In fact, we specialize in secure payment processing for high-risk clients that might not qualify for merchant accounts from traditional providers. The company’s in-depth understanding of how to handle large volumes of transactions makes it a standout choice in the market, and it specifically focuses on ensuring efficient. July 17, 2023. EMB is voted the #1 high risk payment. They appear here in. ccNetPay – Best for a simple pricing structure and EU transactions. Specialized Risk Management Tools. As a rule, you can expect higher fees for opening an account, processing payments, handling chargebacks and terminating your contract early. The best credit repair merchant accounts are able to accommodate high-risk transactions at a fair price with reasonable contract terms. WorldPay – Best for set monthly fees and regular payouts. Close. 2Sell: 3. Fortunately, many knowledge payment providers offer instant merchant account approval if you have all your ducks. it. In essence, this is what is meant by a high risk merchant account - when the payment provider finds your business particularly risky for them. Edition: United States. Hillcrest Drive Suite 209 Thousand Oaks, CA 91362. 196E Campden Hill Road London, W8 7TH. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. High Risk Pay stands out in the high-volume merchant account and payment processing sector by offering specialized services for businesses requiring high-risk merchant accounts. Fast approval in 24-48 hours. High-risk businesses should anticipate having to pay higher costs for rates and fees associated with payment services. Many merchant account providers now offer solutions tailored to those businesses, so make sure you look for one that specifically mentions the ability to accept applications from businesses with poor credit. Moonlight Payments Overview. Selling CBD is perfectly legal in the United States. The Best Merchant Account Services. High Risk Merchant Account. In 2021, consumers paid for 70 percent of their purchases with a credit or debit card. Usually, the processing fees for a standard merchant account are charged at 0. Of course, Bitcoin has only been around so long. 35 per transaction. High-risk merchant accounts differ from low-risk accounts in the following ways: Almost always a full-service merchant account (PSPs typically don’t accept high-risk businesses) Extensive underwriting process required before account approval; Might be underwritten by an offshore bank or processor; Typically require a long-term contract 3. 1. Variable transaction fees. Our objective is to give customers the satisfaction and be a reliable provider.