HIGH RISK MERCHANT ACCOUNT PROCESSING

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P3MerchantSolutions offers High Risk Merchant Account processing to accept credit cards online or offline. If you are a Merchant that would like to process credit cards but your business has been classified "high risk" by banks who don't understand your business, you need to talk to us. 

P3MerchantSolutions provides payment processing solutions for both traditional and non-traditional merchants. We specialize in High Risk Merchant Accounts, High Volume E-commerce,  ACH Processing, Multi-Currency Conversion, and Offshore Merchant Accounts. Our partners offer cutting-edge products at an affordable price for merchants of any size. Our plans are flexible and tailored to your individual business needs. Whether you are accepting payments in a retail environment, over the phone, or through the internet, P3MerchantSolutions has a solution for you.  In most cases, we are able to set up a High-Risk Merchant Account domestically and batch 24-36 hours into your account.
By tailoring the merchant account to your business, especially if you are classified as a 'High Risk Merchant Account', your merchant account will streamline customer payments. High risk merchant accounts are specifically designed for businesses with a higher chargeback probability. With our unique approach to understanding your business practices and our extensive relationships allow us to work with many unique businesses with various degrees of risk. High Risk Merchant Accounts can be easy to acquire with the right set of tools, the tools at the disposal of P3MerchantSolutions.Many factors determine which High Risk Merchant Account is optimal for your business. Some of these factors include:

  • Location of your Business
  • Product or Service Sold
  • Method Through Which Product/Service Is Sold
  • Type of Industry
  • Monthly Volume and/or Number of Transactions
  • Chargeback Rate
  • Refund Rate
  • Your customers aren't present to sign the credit card receipt. (Card-not-present processing.)
  • Your business is a start-up with an unproven credit history.
  • You or your business has bad credit.
  • You need to process a high volume of credit card transactions. (Over $25,000 a month.)
  • Your business has grown from small to medium or high volume.
  • Your business operates in certain "high risk" industries.
  • You offer a free or low cost trial followed by a recurring monthly payment.
  • Your average transaction is over $500.
  • You sell to international customers, or intend to process payments in foreign currencies.
  • You have a history of excessive chargebacks or refunds.
  • If a bank has closed your merchant account in the past; if you've ever provided contradictory information on a merchant account application; or if you've had problems with customer service or unclear billing descriptions, you may also have a hard time getting a merchant account.

As each of these factors influences the overall perceived risk within each potential high risk merchant account, some businesses are pushed into the High Risk classification. If your business is classified as high risk, don't think that this is the end of your business ambitions but an opportunity for your enhancing growth. P3MerchantSolutions is the place you should turn for your high risk merchant account needs. Our team focuses predominantly in understanding your business's needs, your operational structure, your payment acceptance needs, and how payment acceptance limitations can be overcome to acquire you the right High Risk Merchant Account. Whether you need a merchant account for a travel business, collection agency or any other legal business, we have the tools to get you the right high risk merchant account.

Example 1:
A Vacation Tour Operator that offers pre-packaged vacation packages is typically classified as high risk. This is because the amount charges are for higher amounts and the service is considered "future deliverable". Since the vacation is weeks or months away, the customers financial situation  could change resulting in a chargeback. Because of these three factors alone, most processors will not work with tour operators or travel agencies.  

Example 2:A merchant who sells nutraceutical products online and ships it to the customer's home is typically classified as high risk. This is because neither the consumer nor the merchant meet each other in person, and so the probability of a fraudulent transaction increases. In addition, some customers may not experience the expected benefits of purchasing the product, and as a result may chargeback. As a result of these two factors alone, most processors will not be able to provide sustainable payment acceptance for this business. By reaching out to P3MerchantSolutions, the merchant is able to accept payments through a High Risk Merchant Account design for the business's needs.

Owing to the specialized needs of merchants classified as high risk, very few merchant account providers are able to effectively process payments for businesses in these types of industries. In addition to individual industry exposure risks, payment processors must also balance the industries, the transactions, and the risk across their entire client base in order to stay within the parameters set forth by the governing institution of the payment type. P3MerchantSolution's inherent understanding of risk balancing allows us to work with many industry types and place your High Risk Merchant Account with the right bank.


High Risk Merchant Account Highlights:

  • Our banks underwrite specifically for higher risk merchants
  • Merchants can process both domestically and internationally
  • Both high-volume and unconventional merchants approved
  • We provide courteous and professional service
  • Alternative ACH/Debit payment solutions available
  • Multiple acquirers, processors and third party service providers combine to create unique payment solutions
  • Gateway / Non Gateway solutions with easy API integration
  • Multiple merchant ID's available for single merchants
  • Load balancing & fraud solutions available via third party software
  • We work consultatively to provide best applicable solutions for merchants and vendors
  • Integration with E-Commerce technology providers helps us create seamless solutions for niche industries
  • Increase approvals with global merchant acquiring - process transactions in regions of the world where credit cards have been issued

High Risk Merchant Account Solutions

At P3MerchantSolutions, we are here to help you find the best High Risk Merchant Account available to you. We work with numerous Domestic solutions which, if available, is always the best option. (You receive your money in 24-36 hours.) If you are in an Industry that we are unable to place Domestically, we work with Banks both in Europe and Offshore. Some High Risk Merchant Accounts are harder then other to place, but we will always offer you the best option available to you. We pride ourselves on putting the Merchant's interest first. Feel free to call us at 800-605-8054 or fill out our contact form and we will get back to in 24-48 hours.