Our highly skilled team has merchant accounts for businesses with processing volumes ranging from $20,000-$100,000,000 and up per month. You are incorporated in a low risk state. As with Square’s extremely popular services for low-risk businesses, the company fully discloses all prices for its CBD program on its website. Each merchant service provider received a rating based on over 50 data points. Square Merchant Services: Best for Startups. As such, the primary factors that matter with a high-risk merchant account are processing history and industry reputation. 1. High-risk merchant accounts are just as useful and beneficial as their low-risk counterparts. By contrast, a high-risk merchant who uses a payment processor like Paysafe should expect a fee as high as 7. Consequently, many applications are turned down. With most full-service merchant account providers, you can expect to pay about $15-$30/month just for access to ACH processing, plus per-transaction processing charges that typically hover. $25 monthly payment gateway fee. Low-risk businesses are easier for merchant service providers to trust. 05 per transaction. This is the fee that is charged for integrating the services to the merchant application. Fill out the quick & easy form or pick up the phone and call +1 (800) 530-2444. Zero or low chargeback ratio. Each online gambling merchant account is different, but typical fees include: Merchant Account FeeAt the same time, low-risk merchant account does not provide the same offers. However, high-risk nonprofits may still be able to get the ETF waived. net lays the groundwork for a more streamlined high risk payment processing experience. That being said, the difference between high risk and low risk isn’t. Additionally, high risk merchant accounts are created for businesses that deal in vulnerable goods and services such as gambling while low risk. High-risk merchant accounts typically have higher processing fees to compensate for the risk the payment processor takes on while working with the account. Understand more about being in high risk verticals by researching payment review websites with key information. The other way that payment processing services hedge against risk is to require high-risk merchants to maintain. To understand low risk merchant accounts, you’d probably see that the qualifying factors are the polar opposite to what constitutes a high risk merchant. Merchants may be rejected based on the nature of bookings. They are: Low-Risk Merchants; Medium-Risk Merchants; High-Risk Merchants; Typically, each merchant type has its characteristics. Getting approved for a high risk merchant account. Low-Risk Merchant Accounts Differences in Processing, Fees, and Restrictions. With a European merchant account, you’ll have access to a growing market and more customers. Treati. Since you open a. As traditional merchant accounts support low- and mid-risk business operations, businesses operating in high-risk industries will. Fees for high-risk merchant account processing are generally greater than with low-risk ones. Given their low tolerance for risk, there’s a high likelihood that long-term processing via one of these platforms, like Square or Stripe, will result in an. With a low-risk merchant account, business owners not only get instant approval but also pay substantially less for merchant account services. Treati. Get Accepted for a merchant account via our easy online application with the leader in merchant accounts for. Payment Depot: Best for Low Fees; Chase Payment Solutions: Best for E-commerce Businesses;. Fortunately, we offer an easier and cheaper way here to accept card payments online. When your business is considered one that comes with added “risks” it means that you will be categorized as a high risk merchant and therefore require a high risk merchant account. Even though low-risk merchants also pay a chargeback charge (an expense you pay when a client disputes the charge directly using the credit card they use) However, high-risk merchants usually have higher charges for. Initially, you are required to pay the initial setup cost whether you are a high-risk merchant or a low-risk merchant. , subscription payment models, gambling sites). This gives many merchants the opportunity to fix problems from previous processing partnerships and work towards a low-risk merchant account. 8 minutes. They’re so well-established in fact that they work with over 60,000 merchants. A low-risk merchant account needs to meet many requirements, including a smaller number of transactions, low chargebacks, and low revenue. 08-$0. Types of Merchant Accounts. 6% plus 10 cents per transaction. High Risk. The increased financial risk can make financial institutions hesitant to work with your high-ticket business. Overall, a high risk merchant account has the same features and functions as the traditional currently low-risk merchant accounts. Low-risk merchant account. Payment Depot: Best for High-Volume Businesses 3. g. National Processing: Best for Small Businesses 6. g. ) When evaluating a high-risk business, merchant service providers must review the merchant application, conduct a thorough risk assessment, and check the business owner’s credit score. Many low-risk businesses run into chargeback issues that force their merchant account to close. com — Best for any high-risk business, with a 99%. Cybersecurity is the practice of protecting computer systems, business accounts, networks, and sensitive information from unauthorized access, theft, damage,. High-risk payment gateway Europe is a payment gateway designed to facilitate high-risk transactions for merchants and customers in the European Union. This is because acquiring banks are taking on the added risk of processingThe merchant sells to countries that have a high level of fraud. High-Risk Payment Processor Requirements. 1) Online payments where the purchase is made via the Internet and not at a physical store. io’s list of merchant services includes: Full-service merchant accounts;Low risk merchant accounts are merchants running their business with minimal to no chargebacks and have a solid financial history. Stax: Best for Subscription Pricing. It works simply; you set up your online Delta 8 store with a payment portal or shopping cart system. If the average ticket is less than $500. Here at Shark Processing, our sole focus is securing low-cost,. many high-risk merchant account providers will have the resources and expertise to help you avoid future account holds, freezes, and terminations. Other Notable Features of 5 Star Processing. Whether you’re a low or high risk business model, we’ll help you speed up the. If the average ticket is less than $500. Soar Payments, by contrast, has. The high-risk merchant account holder will gain the wisdom to successfully navigate the market and maximize sales and profits after making a few risky transactions. Flagship Merchant Services: Best. For instance, you can benefit from higher approval. Stax: Best for avoiding transaction fees. This is very long compared to the typical month-to-month offering for high-risk merchant accounts, so keep that in mind before choosing them. Mony Zenou, Founder, President, and CEO of Dejavoo Systems joins the show to discuss the power of cloud based POS offerings, and more. The $30 monthly fee for Level 3 processing will be quickly recouped with Level 3 interchange savings. This special registration fee is only required for businesses in high-risk industries. We have over two decades of high-risk credit card processing experience and understand what it takes for high-risk merchants. It’s nearly impossible for an eCommerce business to survive without accepting credit or debit cards in today’s time. Of that 1%, even fewer actually ARE “High Risk” Providers and aren’t simply making a run at picking up extra business. 2) low-risk merchant accounts. High-Risk vs. General indicators of low-risk merchants include those that have individual credit card transactions averaging less than $500 and process $20,000 or less. Low-Risk Merchant Accounts As mentioned, standard (or low-risk) and high-risk credit card processing offer similar services—both facilitate payment processing for a business. Durango Merchant Services has been in the hard to acquire and international electronic payments industry for over 20 years. net gateway, you also need a merchant account to fully process payments. This leads to a reduced risk. ProMerchant: Best for High-Risk Businesses. It nullifies the challenge and struggle of choosing the right high-risk merchant account or the right PSP. 95%. The credit card transaction average is $500; Minimum returns;High Risk & Low Risk Merchant Accounts. Now that you know more about merchant accounts, let’s take a closer look at the difference between high-risk and low-risk merchants. A high-risk merchant account is a specially designed payment solution that enables businesses in high-risk industries to accept card and electronic payments. With experience learned through a few risky transactions, the high-risk merchant account holder will grow wiser and discern between different markets to. High-risk businesses are also more likely to have returns, refunds, and chargebacks. Banks categorize businesses into three main groups: high-risk merchants, medium-risk merchants and low-risk merchants. 10 per transaction (low-risk accounts) Processing rates vary by acquiring bank/back-end processors (high-risk accounts) $15/month account fee (low-risk accounts). High-Risk VS Low-Risk Merchant AccountsLow-Risk Merchant Accounts. e. High-risk merchant accounts are payment processing accounts geared to businesses operating in high-risk industries and more prone to chargebacks, fraud, regulatory hurdles, and legal issues. 49% to 3. Additionally, if. 9% for all total transactions. Payment Depot: Best for High Transaction Volume. High-risk merchant account providers that accept travel businesses generally do not disclose their prices, relying instead on a. Your average ticket size is significantly less than $50. Even high-risk merchants service UK businesses can start accepting card payments with our help. Having a variety of payment options with optimal security is a must for successful online companies. Home; Payments. Our picks for the best free merchant accounts include Square, Chase, Stripe, PayPal, and more. Lower risk of account termination. High-risk merchant accounts are assigned to a business for a number of reasons,. You have zero to low chargeback ratio. The company provides speedy approval decisions to the merchants and is known in the industry for its transparency. Meanwhile, businesses with low or moderate risk are less likely to be targeted for cancellations and other types of deception. The merchant account provider will likely approve your application if your business history and transaction type make you a low-risk option. io can offer merchant account approval for most low-risk businesses in about a day. Albeit new to the industry, CorePay has effectively worked with countless merchants by providing polished merchant account services that put safety, security, and efficiency. This can increase the difficulty of. This may include per-transaction and chargeback fees as well as setup, cancellation, and other one-time costs. Not only that, it also has acquired bank partnerships, skills and a good reputation to help your high risk business acquire a merchant account. Some stand out for accommodating high-risk merchants, while others sell a variety of POS systems and card readers, or integrate with popular business apps. The bank will then process your application and determine your merchant account fees. account, so you can focus on the best processing options. Check by phone merchant accounts are available to businesses in all types of industries. Interchange + 0. Dharma Merchant Services: Best for merchants who process more than $10,000/month. Square: Best Merchant Services For Low-Volume Businesses. Low-risk merchant account. In addition to the features and services already mentioned as part of the high-risk merchant accounts, 5 Star Processing also offers the following notable features. It allows merchants to accept customer payments in any currency, including Euros, Sterling, Dollars, and other major. Low-risk merchant accounts, on the other hand, have these characteristics: Only accepts one type of currency; A payment service provider hosts their payment page; Their average credit card sale is under $500; Their average monthly sales volume is under $20,000; Their business only sells low-risk products/items such as. Low-risk merchant accounts are designed for businesses that have a consistent volume of sales, low returns/chargebacks, and are in well-established industries. Advantages and Limitations of Stripe as a Merchant Account Provider. It should be mentioned that there are low-risk merchant accounts that can permit all the . PayPal: Best for Ecommerce. Reading Time: 8 minutes The vape and e-cigarette industry is nothing short of electric. high risk merchant accounts is the amount of fees. 20. Visit Site. For example, you will be considered as a low-risk merchant if your business has $20,000 or less monthly sales,. Operate your low risk business easily. 6% plus 10 cents, while the fee for a high-risk account might be 2. Banks won’t onboard any business category that poses a high financial and reputational risk. We accept most legal high-risk merchants industries. Only one type of currency is accepted. Low-risk businesses are easier for merchant service providers to trust. Online payment processors fall into two categories: With direct processors (a. High Risk Pay is one of the fastest growing companies in the credit card industry since 1997. clothes, shoes, kitchenware, food. At Corepay, we specialize in high-risk merchants who have difficulty finding payment processing because of their given industry/risk. Industry is considered low risk e. 25 transaction fee. - Load balancing feature for high risk merchants. 2. SMB Global. Durango Merchant Services: Best for eCommerce merchants. But these obstacles shouldn’t stop you from running your perfectly legal and profitable business. Define your project needs. 2% plus $0. 1. A Delta 8 merchant account is a type of merchant account aimed to ease the transactional process of Delta 8 businesses. As high-risk merchant accounts tend not to have as competitive terms as low-risk, we considered factors like a breadth of features, ease and cost of sign-up, and contract terms. They range from $10 to $50 for most companies. For more information, visit the Host Merchant Services website or call (888) 727-4538. Helcim: No monthly account fee. In order to be considered low-risk by underwriters, your business needs to meet the following criteria: Your business processes lower volume. The company specializes in merchant accounts for high-risk businesses. Best for online and international sellers: Durango Merchant Services. For over 5 years, Corepay has specialized in providing merchant account services to a wide range of high-risk industries. Have a zero to low chargeback ratio. APR: Not disclosed. Interchange + 0. Processes less than $20,000 monthly. We offer custom-tailored solutions to merchants in the CBD oil industry that need a payment gateway for selling their CBD products in an online market. You recommend contacting your account provider and discussing these factors to clarify the risk level assigned to your account. 30% + 10¢ per online and in-person transaction versus Clover’s 2. High-risk businesses are typically those that are new, have a history of credit problems, or operate in an industry that is considered. Generally, high-risk business owners can expect credit card processing rates of 0. $0. A merchant account is a contract between a company and a financial institution that allows the company to accept. A high-risk merchant account will accept the risk and allow you to process. Your customer pays for your goods or services with a credit card using your POS equipment, a virtual terminal, or a mobile app. Some businesses have to pay high fees rather than others. You’ll be thoroughly vetted prior to approval, though, which can take some time. g. Underwriting process: The payment processor conducts a thorough review of the business’s industry, financials, chargeback history, and other relevant factors to determine the risk level. If the business has low to zero chargebacks. The underwriting process for high-risk credit card accounts is more stringent than for low-risk accounts. Additionally, a business with a heightened likelihood of fraud would be marked as high risk. However, ProMerchant’s pricing is considerably lower than Clover’s. Allowing businesses to accept payments on their own terms, Authorize. Where such a high-risk account is involved, banks tend to be hostile, and such industries are almost completely barred from opening accounts. Low-risk rates from $99 /month and $. 2. The criteria that merchant account providers use to classify businesses according to the level of risk that they pose are different for each type of merchant, but there are certain aspects that are common to both types. No advantage or low cost is worth it if a provider does not offer adequate customer service. They won’t work with certain industries because they don’t want risk. Low risk merchant account include online apparel stores, bookstores, pet supplies, retail shops, parking garages, and more. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. Offers Paysley QR-code payment service. 6. While high risk merchants are businesses dealing with larger transactions of over $20,000, low-risk merchants are small business owners earning less than $20,000. Once we have placed your business with a suitable high-risk banking partner, we will work with you to. These charges will be higher than fees applied to low-risk business transactions, sometimes even more than twice the payment processing fee applied to a low-risk. PaymentCloud — Best for businesses looking for completely customized payment packages, fraud prevention tools, advanced payment gateways, and merchant funding. Let’s go over the possible risk factors for a business being classified as high-risk. Working with the low-risk business is more secure, as the low-risk merchant account is safer in terms of chargebacks, potential fraud events, business credit history, and so on. 7 billion in 2018 and are expected to reach $40 billion by 2023. Higher payment processing fees. Reason being, merchants in our payment processing world come under low-risk, medium-risk, and high-risk categories. Generally, a low-risk merchant account comes with limitations, and its fee is also low. If you answered yes for more than one, you’re likely classified as a high risk merchant by service providers. If you already have a merchant account, we can set up an NMI payment gateway only account for you ASAP (usually the same day). Stripe: Best for owners of multiple businesses and brands. Your merchant account provider will send the transaction details through its backend processor to the customer’s card issuer . Low personal credit score, typically 500 or less; Outstand liens on property; Applying to a high risk merchant account provider you must be sure to have all the proper documentation ready and identify the terms and fees that will be coming from the provider. 40 per transaction, plus a required 10% reserve (which is standard for most high-risk merchants). You may also end up paying for a long list of services such as PIN debit network fees, payment gateway fees, monthly account fees, and more. Best for chargeback monitoring: SMB Global. Discount feeComparing Fees and Terms: High-Risk vs Low-Risk Merchant Accounts. The payment gateway high risk business will differ from low-risk businesses in terms of cost and processes involved. However, that processing fee can inflate to well over 1. Low-risk accounts are at a far lower risk for economic issues like fraud and chargebacks, while high-risk accounts are more likely to have these financial issues. 1) High-risk merchant accounts. This can include businesses in certain industries, such as online gambling or adult entertainment. It would be best if you didn’t overpay for services you do not use. A high risk payment processor should provide excellent service and competitive rates—but there are some negative aspects of high risk merchant accounts that are unavoidable. This process is merchant underwriting. Some examples of low-risk merchant accounts are gas stations, grocery. High-risk merchant accounts are services that enable companies to accept credit card payments from customers. Payment processors have different guidelines but have common factors around. They have employment in a sector with a reduced rate of chargebacks, frauds, or refunds. Low-risk rates, as low as $99 per month and $. You need to. Unlike standard or low-risk accounts, these accounts factor in the financial risks that high-risk businesses face, especially susceptibility to fraud and chargebacks, and how they can be. We have partnerships with over 25+ processors worldwide, and can place. Tiered pricing usually offered to bad credit merchants. Low Risk High Risk; Chargeback rate: Under 1%: Over 1%: Average ticket size: Under $500: Over $500: Sales volume: Under $20,000/mo:. Based on criteria that are developed by merchant service providers, your merchant account can fall into either one of the following: High Risk and Low Risk. Stripe is one of the leading merchant services providers out there. They have an average deal value of less than $500. To open, a business needs an EIN and valid business license. And just as the name suggests, a low-risk merchant is a merchant business that carries a significantly lesser amount of risk. A merchant account may be classified as low-risk due to one or more of the following factors: If the average monthly transaction volume is less than $20,000. However, high-risk merchant accounts may come with slightly higher fees, underwriting processes, and reserve requirements or other financial assurances to. unique tool that allows you to efficiently process payments online. In contrast, high-risk merchant accounts require more effort to set up and incur higher fees than their low-risk counterparts. All low-risk Host Merchant Services accounts come with month-to-month billing, but high-risk merchants may have to agree to a long-term contract, in some cases. National Processing: Best for an all-around processor. Chargebacks are not only costly, if your chargeback rate rises above 1% you will. SSL and PCI. The business is in a low risk industry. $25 monthly payment gateway fee. Processing and Payment Gateway Differences: A high-risk merchant account often require specialized high-risk payment gateways due to the nature of their business. Reserve fees are standard amongst high-risk merchants, and this is one of the areas in which a low-risk and high-risk merchant accounts vary. If you’re considered a “low risk” merchant, that’s good news! You can expect to have significantly more choices of merchant account providers than your “high risk” peers. Low-risk merchant accounts are less expensive and have fewer requirements, but are only available to businesses in low-risk industries. Your fees are contingent on several factors, such as the merchant’s processing history, type of industry (high or low risk) and/or projected sales volume. The second thing you need to know is the type of merchant account you’ll get with your application. Our team of expert advisors is on call 24/7 to help you get set. On the other hand, high-risk merchant accounts deal with high-risk items like cannabis, tobacco, firearms, airplane tickets, virtual currencies, and pharmaceuticals. The Best Merchant Account Services. When it comes to low risk merchant accounts, typically the reoccurring monthly fees are low or minimal, but that is not the case with a high risk credit card processing merchant account. Medium and Low Risk Merchant Accounts. High risk rates as low as blended 2. A low-risk merchant is one that: Trades in fairly modest volumes. Our team of experts is here to support you every step of the way. Ultimately, a high-risk ACH account. Low-risk merchant accounts tend to enjoy more privileges, such as lower processing fees for every transaction and the ability to negotiate for more favorable pricing and contract terms. You already have a merchant account and only need the NMI gateway. A high-risk merchant account is a type of business account offered by a payment processor or a bank, designed specifically for businesses deemed “high-risk. Shark Processing LLC offers high-risk merchant accounts and payment processing services. 3. For more information on merchant account fees, visit Genome's pricing page. General characteristics of a low risk merchant account. Depending on your merchant services provider, this could be a one-time or annual fee if you’re required to renew your registration yearly. 800-567-3019. For example, if you’re a business owner with a bad credit score, and you went through several unsuccessful attempts, you still have a chance to accept credit card payments, but you have to find the. All according to this analysis your application is either. Corepay understands that digital payments are intrinsically tied to the success of eCommerce businesses. SMB Global is the option on our list with the longest standard contract length, three years. Square: Best Free Merchant Account For Small Businesses. Payment processors will categorize your company as low risk when: Your company brings in less than $20,000 per month. Some of these include: 541990 - All Other Professional, Scientific, and Technical Services. These industries. This includes online and in-person credit card transactions, ACH transfers, QR code payments, and cryptocurrency. National Processing. 95%. . Many companies consider this to be having a merchant account. While you get a transparent rate with a low-risk account, it is much harder to cost a high-risk account. High-Risk & Low-Risk European Merchant Accounts. Though, high-risk merchants need to pay extra than the traditional merchants. The idea that a business is a low risk isn’t always about the levels of liabilities that the company poses for the payment processor. Not only do we have highly competitive rates, but we also provide 100% transparency and top-notch customer service. A high-risk merchant account has the same features and functionality as a traditional, low-risk merchant account. If the business accepts only one type of currency. Based in France, Corepay has recently expanded its reach to the US. 3% plus interchange if you’re among the low-risk merchants. A merchant account is a bank account into which a merchant's payment processor. It offers fast and easy. With a CBD payment processor that fits your. While low-risk merchants must pay the chargeback fee, high-risk merchants must pay a larger chargeback fee. Industries labeled low risk have. Credit card transaction that is less than average of $500; Minimized Returns; Less than $20000 processed monthly; Zero to low chargeback ratio (These are, for instance, low-risk shoes and clothes, baby. It provides high risk businesses with the necessary tools to navigate today’s eCommerce. : Best for global payment processing. A voided check, or other proof of bank accounts such as a signed bank letter or barring that, your bank’s routing number and your bank account number. You will need to either find another way to accept. The merchant account provider will likely approve your application if your business history and transaction type make you a low-risk option. A low-risk merchant may need to meet many requirements; however, the most important are: low revenue, few transactions, and low chargebacks and returns. In the simplest of words, a high risk merchant account is an account that is used for payment processing by businesses that are considered to be high risk by banks. High Risk Merchant Account – Get Approved in Under 24 Hours. 3. Moonlight Payments Overview. As long as you only sell legal products and services, Corepay can probably accommodate your business. Step 1 — the first step of the merchant account process involves a transaction made by the customer. Low Risk. Processors may charge different fees, require different reserves, may vary the terms and conditions, or have different application processes depending on the risk category. Get a free card swiper from Square at no cost when you create a free account. However, PaymentCloud also handles payment processing for medium- and low-risk businesses. 5 Best POS Systems For Gyms To Get More Members In 2023 - August 5, 2022. a. 3) Moto merchant accounts. However, you’ll run a lower risk of account freezes and holds. Although obtaining such an account can be difficult and has disadvantages, it can provide a lifeline for such businesses. High-risk Vs. Many "low risk" merchants have a majority of their credit card transactions conducted in person ("card present"). The best merchant account for small businesses depends on your specific circumstances. Processing costs for every sale will be higher in general, sometimes more than twice those for low-risk merchant accounts. There are several criteria to determine the risk level of a business: high transaction volume, international payment (geographic location. EMB has made it their responsibility to offer a range of local and offshore merchant accounts to all low risk and high-risk merchants. Most of the merchants in the E-Commerce industry are challenged to keep the balance between the increase of revenue and fraud levels. Still, high risk merchants have different requirements than low or standard risk merchants. However, the company specializes in serving the high-risk community, accepting a very wide variety of industries that ordinarily struggle to get approved for credit card processing. processing application (MPA) that is signed and completedHigh-risk merchant accounts allow risky business ventures to take credit/debit card payments from customers. Your merchant account provider will send the transaction details through its backend processor to the customer’s card issuer . There are additional considerations for the payment process in cases of high-risk accounts. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. At Corepay, we frequently get merchants approved who have had their Paypal accounts terminated as we specialize in high-risk payment processing. For example, ecommerce brands can expect to pay 4% per transaction while dating sites are looking at 6% and IT support 10%. WorldPay – Best for set monthly fees and regular payouts. Low-risk accounts usually benefit from lower prices because they demand less work from payment processors. Low-risk merchant accounts also have low chances of fraud and minimal sale amounts. Operating in a low-risk field like book sales, apparel retail or medical services; Businesses that are considered to be low-risk by payment service providers can get fair rates, fair policies, and chargeback protection. 1) Brick-and-mortar businesses where the credit card is physically presented. As stated above, there are three types of merchant accounts. Simply keep in mind that we determine our rates based on your monthly processing volume as well as your individual business’s risk factor, but our rates can start as low as 6. 95%. This is why eMerchant offers same-day approval for low-risk merchant accounts. g. No monthly minimum (low-risk accounts) Interchange + 0. 1. Processes less than $20,000 monthly. This facility is unavailable to those who want to play safe and opt for low-risk merchant accounts. We offer support to companies who need an online gaming merchant account for a sustainable business. On top of that, there is a $500 cancellation fee. A low-risk business is any business that potentially generates a low amount of chargebacks, is registered in progressive countries, and does not operate within listed banking network verticals. Durango Merchant Services: Best for highest-risk businesses. Friendly Client Support. Considering that it really takes a longer period for the setup of these accounts unlike low risk accounts, a day is indeed significantly quicker. Stripe: Best Online Processor. Businesses classified as low-risk typically operate. For instance, one of the disadvantages is the fact that it might take longer to obtain one than it would in the case of a low-risk merchant account. Low-risk merchant accounts are designed for businesses that have a consistent volume of sales, low returns/chargebacks, and are in well-established. Low Risk Merchant Account. ”. It also involves continuous management of your payment processing solutions and making the appropriate adjustments along the way. Being Tagged as a Low Risk Merchant Account. Currently, consumers’ most preferred payment methods are credit and debit cards. Low Risk. Almost any high-risk industry can apply for a merchant account with SMB Global. CorePay. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. This ecommerce store transacts through a virtual terminal and payment gateway. They partner with Payline Data who is maybe a better choice for low-risk companies. Average High-Risk Merchant Account Rates. Online merchants, in the eyes of acquirer banks, are divided into 3 categories: high, Easy Pay Direct is a payment gateway and merchant account provider that serves a wide variety of high-risk and low-risk industries. If you are a merchant with a history of a lot of chargebacks your payment processor may want a.