High-Risk Merchant Accounts & Processing

Do I need a high-risk merchant account?

Struggling to get a merchant account? Any business that falls into a ‘high-risk’ sector will find it more difficult to obtain one due to the increased chance of:

• fraud

• chargeback

• volatility

But having a merchant account is essential if you want to accept credit and debit card payments online. So, what do you do? You get a high-risk merchant account designed for these types of businesses.

At Total Processing, we’ve got your back!  We’ve established long-term, trusted relationships with more than 300 acquiring banks, so we can easily find the best high-risk account provider for your business.

We specialise in high-risk merchant accounts

There are so many industries that are classed as ‘high-risk’, some that you may not even realise. But you can get secure payment solutions for your business with Total Processing, no matter what sector you’re in.

Examples of high-risk sectors we work with include:

• Hemp Oil

• Dating Services

• Foreign Exchange (Forex) Merchant Account/Services

• Online Gaming and Gambling

• Adult Entertainment

• Credit Repair and Debt Management

• Domain Registration

• Events and Tickets

• Software Downloads

• Prepaid Phone Cards

• Tobacco and E-Cigs

• Insurance

• Money Transfer

• Vehicle Sales and Car Parts

• Tattoo Studios

• Investment Schemes

• Lender Merchant Account & Services

• PPI Merchant Accounts & Services

• Nutraceuticals

• Travel and Tourism

• Payday Loans

• Online Auctions

• Health and Wellness Products

• ISP and Hosting Services

• Direct Sales and Pyramid Selling

• Alcohol Products

• Technical Support & Web Development

• Jewellery, Watches & Accessories

• Nightclubs and Bars

• Cryptocurrency

• Phone Locking Services

Leading high-risk merchant
services providers

Secure payment gateway

With a standard high-risk merchant account, you will often receive:

• higher setup, annual and transaction fees,
• a longer settlement period,
• increased account security.

But with Total Processing, you’ll get so much more than that.

We provide a number of very secure payment solutions that will protect your business from risks, including a secure payment gateway. This will protect both you and your acquiring bank from the potential losses associated with chargebacks and card fraud.

The gateway we provide features high levels of control, enhanced security and many beneficial features:

• Smart dynamic routing – Soft payment declines can instantly be retried with a fallback acquirer.

• Integration with multiple acquiring banks – The acquirer agnostic gateway allows the merchant to partner with any bank and to have multiple Merchant IDs (MIDs) all within the same integration.

• Chargeback alerts – Receive early warnings of any chargebacks raised with our chargeback defender tool so you have time to turn it into a refund, reducing costs.

• Create blacklists – Deny payments from specific emails, IPs, countries, devices and addresses to prevent fraudulent activity.

• Extra security controls – Powerful and flexible card verification and security tools that allow you to confirm details such as security cards and customer addresses.

• Enhanced reporting functions – Track your transactions and defence in real-time with direct updates.

   

High-risk merchant account application & set-up

Tired of being turned down by banks? You won’t have the same struggle setting up an account with Total Processing.

Building reliable relationships over the years with multiple acquirers has left us in a strong position. They’re more likely to consider opening accounts for high-risk businesses who are processing payments using our high-risk merchant account payment gateway with its specific risk management tools.

We can also negotiate with the acquiring banks on your behalf to offer payment security solutions such as:

• Fixed bonds

• Rolling reserves

• Deferred payments