Advise on Merchant Account accepting high risk

Rotanimod

New Member
Hey guys,

Just found this forum when I was doing my due dilligence on ipaytotal. I'm happy I found some real reviews in here that made me avoid them.

Now to my question - I run a legit Prize competition in the UK that is a registered business, and I've tried to look for a good high risk merchant account provider, but I dont seem to get a hold of one.

I applied through Instabill a few months back, and they have been very silent, upon update request, they simply state that they are looking for a processor that wants to take on our business. So I've decided to go out and hunt for one again.

We currently process around $100,000 per month with 0.01% CB's.

Any advise or directions are highly recommended. If someone here have direct connections, I'd be happy to pay a finders fee too.
 

Natasja

Mentor Group
Mentor Group
IWhat are you searching for? I have both an Echeck and CC provider for HR business, but tbh I'm not to long in the game to guarantee they are trustworthy. Unfortunately, that's the game we are playing.
 

Admin

Forum Moderator
Staff member
I have both an Echeck and CC provider for HR business, but tbh I'm not to long in the game to guarantee they are trustworthy. Unfortunately, that's the game we are playing.
What are these providers?

OP you may check with Durango Merchant Services, they have a huge network of Acquiring banks and payment service providers which may be able to help you.

On the other hand, why don't you apply with your local bank for an merchant account?
 

Rotanimod

New Member
What are these providers?

OP you may check with Durango Merchant Services, they have a huge network of Acquiring banks and payment service providers which may be able to help you.

On the other hand, why don't you apply with your local bank for an merchant account?
Thank you, I will have a look at Durango.


We're using an EMI, so we have no 'local bank account'.
 

Rotanimod

New Member
So you have some sort of processing history you can provide to say Durango?
Hey Khan,

I just looked through my emails, I had actually been in contact with Durango and they rejected us since we were a start up, a few months back. Now I do have processing history that I could present yes. I sent them an Email yesterday, waiting to hear back from them.

I also reached out to Cutpay - If anyone would advise against them, please speak up! :)
 

majeedabdul

New Member
what kind of merchant category code your business fall's into, if you can get me this information, maybe i can help you get a merchant account .
 

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