What is a High Risk Merchant Account?

Specific industries carry a higher amount of risk than others. Even if your business is relatively stable, your sector may experience a higher-than-normal payment default rate, chargebacks, or instances of fraud. As a result, it may be challenging to find reliable payment processing because many companies may see your business as a potential risk. A full-service, high risk merchant account allows businesses in these fields to get the payment processing they need to run their company.

At Group ISO, we have more than 20 years of experience as high risk merchant account processors and work with businesses in various industries.

Industries We Serve:

These only represent a handful of the industries we serve. Call us to learn more.

High Risk Businesses

High Risk Businesses

Accounts Receivable • Adult/Dating • Alcohol Sales Online • CBD
• Continuity • Firearms • Magazine Sales • MLM • Match List
• Nutraceuticals • Telemarketing • TMF • Vape

Get Started
nutraceuticals

Weight loss, anti-aging, anti-hair loss, muscle-growth, energy-boosting, teeth whitening, fitness, skin treatments and other wellness products.

match-list
Merchant service provider suddenly shut down your account? Were you denied a merchant account? You may have been placed on the MATCH list, also known as the Terminated Merchant File (TMF)
travel/vacation
Timeshares, Airlines and travel agencies, Cruises and Steamships, Tour operators, Vacation clubs/Travel Clubs, Travel Agents
autoship
Supplements, vitamins, and nutraceuticals, health products, cosmetics and beauty, clothing and accessories, food, pet supplies
online alcohol
Online sale of liquor: wine, spirits and beer
dating-adult-merchant-account
Online adult dating sites, adult novelty stores
vape

E-cigs, vapes, vaping devices, e-juice

fire-arms

Online sale of ammunition and firearms

mlm
Home goods, Beauty/cosmetics Nutritional supplements, Coffee, energy drinks, tools
cbd

Products like skincare, wellness and more that include cannabidiol

telemarketing
Business to Business telemarketing, Business to Consumer telemarketing

What are the Benefits of a High Risk Merchant Services?

Every business needs to process payments. But suppose you aren’t in an industry considered safe and stable by the traditional payment processing industry. In that case, getting approval for certain accounts or avoiding exorbitant fees may be challenging. High risk merchant accounts offer better protection against chargebacks, a flexible approval process, and the potential for greater long-term growth. High risk merchant account processing can be especially vital for businesses that are just starting out and need proof that they can establish stable income and maintain a positive credit history.

At Group ISO, we are dedicated to helping businesses of all types grow and thrive. We have the expertise and experience to match high risk merchants with the ideal payment processor. We offer competitive pricing on high risk merchant services and 24/7 support to ensure your needs are met regardless of your budget and goals. Contact us today to schedule a free consultation.

High Risk Merchant Account
Group ISO takes the risk out of doing business as a high risk merchant. Our company has 20+ years of experience making payment processing easier than ever. We also have the expertise to match high risk merchant accounts with ideal payment processors.

High Risk Business and Industry Types We Serve:​

dating-adult-merchant-account
Adult novelty stores
mlm
Companies selling a variety of products to consumers through direct or network selling.
online alcohol
Online liquor, wine, spirits, and beer sales
nutraceuticals
Weight loss, anti-aging, anti-hair loss, muscle growth, energy-boosting, teeth whitening, fitness, skin treatments, and other wellness products
travel/vacation
Supplements, vitamins, nutraceuticals, health products, cosmetics, beauty products, clothing, fashion accessories, food, and pet supplies
dating-adult-merchant-account
Online adult dating sites
vape
E-cigs, vaping devices, and e-juice
telemarketing
Business-to-business (B2B) and business-to-consumer (B2C) telemarketing.
fire-arms
Online sales of ammunition and firearms
match-list

Merchant service provider suddenly shut down your account? Were you denied a merchant account? You may have been placed on the MATCH list, also known as the Terminated Merchant File (TMF)

travel/vacation

Timeshares, airlines, travel agencies/agents, cruises, steamships, tour operators, vacation clubs, and travel clubs

accounts-receivables
Skincare, wellness, and similar products containing cannabidiol (CBD)
These only represent a handful of the industries we serve. Don’t see your business or industry here? Contact us to learn if we can offer high risk merchant services for your business.

Group ISO’s High Risk Merchant Account Services

Partnering with Group ISO helps you manage many parts of your business. Our company’s high risk merchant services include:
a business writing down information about high risk merchant account processors
  • Payment Processing: Enable your business to receive credit card, debit card, ACH, and other payment types.
  • Competitive Rates: Group ISO offers competitive pricing, enabling your high risk business to do more with the money it earns.
  • Chargeback Mitigation: No business wants to deal with a lot of chargebacks. Group ISO specializes in minimizing the impacts of chargebacks on your business.
  • Fraud Management: Fraudulent transactions hurt your company. We’ll help protect your business with our fraud detection tools.

High Risk Merchant Account Processors FAQs (Frequently Asked Questions)​

1. What Is a High Risk Merchant Account?​

From a financial perspective, some industries carry more risk than others. This risk has more to do with industries than companies. Many successful businesses operate in industries traditional financial processors deem as high risk.

Typically, the characteristics that make a business or industry high risk include:

  • Higher than normal chargeback rates
  • More instances of fraudulent activities
  • Increased regulatory issues

2. How Do High Risk Merchant Account Processors Benefit Businesses?

Merchant services for high risk companies offer many benefits, including:

  • Higher potential for greater long-term growth
  • Multiple bank options
  • Processing payments easily
  • Secure payment gateways
  • Better protection against chargebacks
  • Flexible approval processes
  • Improved risk mitigation

3. How Does a High Risk Merchant Account Work?​

Almost every business must process payments. Unfortunately, traditional payment processors sometimes view certain industries as riskier than others. This situation can leave high risk merchants a difficult time getting approved for a merchant account and high rates and fees.

Opening a high risk merchant account helps protect your business from being closed, fraudulent transactions, and high chargebacks. Merchant services for high risk companies are also vital for brand-new businesses needing proof they can establish stable income and maintain a positive credit history.

4. Can Group ISO Approve a New High Risk Business?

Our company specializes in approving new and existing businesses as fast as possible. In some cases, we can approve your high risk business in 24 hours or less. Get started with Group ISO today!
Copyright © 2023 Group ISO. Group ISO, Inc is a registered ISO of Commercial Bank of California Irvine, CA. All trademarks and service marks used on this website are property of their respective owners
Skip to content