Merchantech's primary mission is to provide unrivaled guidance to businesses interested in obtaining a high-risk merchant account. We recognize the unique challenges that merchants considered high risk by payment processors face, and we strive to provide the information required to navigate this complex industry successfully. At Merchantech, we strive to inform our visitors about the essential aspects of high-risk credit card processing, which can differ significantly from the factors that govern low-risk payments. hard-to-place merchants can face particular challenges, and it is our job to assist business owners in avoiding the pitfalls encountered in this challenging arena.

1. Merchantech
High Risk Payment Processing

2. What is a High-Risk Merchant Account & How Does It Work?
Merchantech's primary mission is to provide unrivaled guidance to businesses interested in obtaining a high-risk
merchant account. We recognize the unique challenges that merchants considered high risk by payment processors
face, and we strive to provide the information required to navigate this complex industry successfully.
At Merchantech, we strive to inform our visitors about the essential aspects of high-risk credit card processing, which
can differ significantly from the factors that govern low-risk payments. hard-to-place merchants can face particular
challenges, and it is our job to assist business owners in avoiding the pitfalls encountered in this challenging arena.
What Is A High-Risk Merchant Account?
A high-risk merchant account is a payment processing account for firms that banks regard as high-risk. Because high-risk
firms are more likely to experience chargebacks, they must pay higher costs for merchant services.
The bank may place a rolling reserve on your account if your firm has a high risk of chargebacks or if your account
history indicates a lot of chargebacks and refunds. The money is set aside to offset the risk of chargebacks or fraud.

3. What Happens When A Business Is Classified As A High-Risk Merchant Account?
Merchants can still accept credit cards even if their firm is classified as high risk. These businesses, however, are
subject to increased processing fees. Banks can also require a reserve on a company's credit card processing.
High-risk merchants can sometimes persuade banks to reclassify a company. However, given the numerous
circumstances that lead to the classification, it is not straightforward. A reclassification can be triggered by a six-
month good credit card processing history or a few chargebacks and refunds. According to banks, chargebacks
should account for fewer than 1% of a company's overall transactions.
High-Risk Business Types:
The industry in which a company operates is a critical aspect in determining its risk level. The following is a list of
some high-risk sectors, along with the grounds for such consideration:
CBD & Hemp: Requires careful adherence to guidelines and considerations of reputation.
Cigars and Tobacco: Requires thorough compliance to criteria and concerns of importance. Credit repair is a bodily
harm/health risk requiring rigorous commitment to standards.
Guns and Firearms: Provides a service to people with bad credit.

4. What Happens When A Business Is Classified As A High-Risk Merchant Account?
MLM Credit Card Processing: Handles a large volume of transactions and can be for services or intangible
products.
Nutraceuticals and Supplements: Strict adherence to rules is required.
Tech Support distributes intangible and service-only products.
Vaping and e-cigarettes: Require rigorous compliance to criteria and are considered a bodily harm/health risk.

5. Benefits Of A High-Risk Merchant Account?
 A broader spectrum of payment methods is accepted
 Increased chargeback thresholds and refund ratios
 Advanced fraud and chargeback prevention
 Account termination risk is reduced.
 Increased access to global markets and currencies
 Detailed underwriting tailored to your company's requirements
 Fewer restrictions on ticket sizes and sales volume, More flexibility in the products and services you can sell
 More scalability comes from faster volume increases.
 A dedicated support team that is familiar with your specific business type and industry

6. High-Risk Merchant Account Fees
Merchants pay a fee for payment processing services provided by a payment processor or merchant account
processor. This fee is significantly higher for high-risk merchant accounts, though the charges vary by provider.
Setup fees, card capturing fees, credit card processing fees, and any penalty fees, such as chargebacks for disputed
transactions, are all included in these fees.
Although each credit card processing platform is unique, high-risk merchant accounts will incur higher fees.
Processing fees for all transactions will generally be higher, sometimes more than double for low-risk merchant
accounts. Although low-risk merchants must pay a chargeback fee (a fee charged when a customer disputes a
charge directly with their credit card), high-risk merchants must pay a higher chargeback fee.
What Is The Procedure For Obtaining A High-Risk Merchant Account?
You'll have to present business and tax paperwork when you apply for a merchant account. Your payment provider
will determine whether you are a high-risk or low-risk merchant after processing your application and adjusting
their plan accordingly.
Some payment processors are better suited for high-risk clients, so it's a good idea to shop around and pick the
one that best fits your company's needs. Merchantech has compiled a list of the finest high-risk merchant account
providers for your convenience.

7. High-Risk Merchant Account Fees
You should study the contract carefully before selecting a payment processor, as each bank and payment
processing platform is unique and has distinct rules for businesses classified as high risk.
Merchants With High And Low Risk
Chargeback thresholds distinguish high-risk and low-risk merchants. A chargeback monitoring application is
installed on every processor. When low-risk merchants join a program, they are given time to correct any issues
before being charged high costs.
High-risk merchants are instantly declared fee-eligible. Each month, a high-risk merchant is in a chargeback
monitoring program and is charged high costs. Chargeback fees are typically higher for high-risk merchants than
for others.

8. How Do I Apply For A High-Risk Merchant Account?
You must submit business and tax records when registering a merchant account. After processing your application,
your payment provider will determine whether you are a high-risk or low-risk merchant and adjust their strategy
accordingly.
It's a good idea to compare service providers and select the one that most closely matches your company's
requirements because some payment processors are better suited for high-risk clients. Merchantech has ranked
some of the top high-risk merchant account providers.
High-Risk Merchant Account Providers
Many traditional processors can reject a company that experiences higher chargebacks. As a result, it may
occasionally be required to use high-risk merchant services. But where do you even begin?
You should look for trustworthy processors with expertise in high-risk merchant solutions. But before selecting a
payment processor, read the terms and conditions and fees in the small print. Each platform is unique. One can
offer alternatives that are more advantageous for your company than what a rival provides.

9. Let's Look At Our Top-rated High-Risk Merchant Account providers Using The Criteria.
Merchantech
Merchantech specializes in credit card payment processing solutions for organizations that require high-risk
merchant accounts.
For various reasons, including vast amounts of chargebacks, banks label businesses in particular industries and
many internet enterprises as high-risk merchants. Chargebacks are fees that credit card companies demand from
businesses to compensate for losses resulting from disputed or fraudulent transactions.
Durango Merchant Services:
Durango Merchant Services is one of the most experienced and successful high-risk merchant service providers.
The organization is known for its honesty, reasonable pricing, and exceptional customer service. Like all high-risk
providers, Durango charges based on a quote system and does not publish fees or rates on its website. The
organization can set you up with an offshore merchant account if you require one, in addition to working with US-
based processors and banks.

10. National Processing
National Processing is well recognized for its low-risk payment processing services, which combine transparency
and affordable rates with full access to Clover terminals and POS systems. National Processing, on the other hand,
provides high-risk accounts.
Easy Pay Direct
Easy Pay Direct's top product is a high-risk expert, its proprietary EPD Gateway. It also offers full-service merchant
accounts to high-risk and low-risk businesses. High-risk merchants will pay higher processing rates and account
fees as customary. However, given the circumstances, the increased cost is appropriate.

11. High-Risk Payment Gateway
High-risk credit and debit card processing functions similarly to in-person payments. Some of the same
high-risk merchant account gateway restrictions apply to high-street banks and mainstream merchant
providers. On the other hand, some provide high-risk merchant accounts that ensure the safety and
security of both your company and your customers.
Because high-risk merchant providers frequently review applications on a case-by-case basis, you must
present your application effectively. At Merchant Advice Service, we work with businesses to create
these applications to secure the best high-risk merchant account possible based on your needs.
Merchantech is a leading provider of high-risk payment processing. We have deep relationships with
our banking partners who are willing to take on "high-risk merchants accounts" that other banks are
not. With cutting-edge tools to prevent fraud and chargebacks,
our high-risk payment gateway improves the stability of your high-risk credit card processing account.

12. Contact Us:
Email Us: csr@merchantech.com
Website: https://merchantech.com/
Address: 230 S. Sterling Drive #260
Mountain House, CA 95391