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Question High Risk Merchant Account at HighRiskPay.com information please?

#122
Durango has add a new payment processor to their list, just wanted to let you know if you approach them ask if they have add new ones if they come with the well known like instabill etc.
 
#123
A few weeks ago, I tried to apply with SOA Pay for a business that everyone else had turned down. At first, I was positively surprised that they said they could handle payment processing for my business, which is considered ultra high-risk by everyone else who looked into it.

But then the other day, I got the message that they unfortunately couldn't accept my business, and that no further explanation would be provided. I’m not blaming the processor, just wanted to share this experience.

https://www.soarpay.com/
 
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#124
uplana said:
A few weeks ago, I tried to apply with SOA Pay for a business that everyone else had turned down. At first, I was positively surprised that they said they could handle payment processing for my business, which is considered ultra high-risk by everyone else who looked into it.

But then the other day, I got the message that they unfortunately couldn't accept my business, and that no further explanation would be provided. I’m not blaming the processor, just wanted to share this experience.

https://www.soarpay.com/
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Thank you for your review and info, helps in all this mess to find a processor.
 
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#125
Kim-OTC said:
eMerchantBroker isn’t always listed among the best high risk payment processors, but it offers a decent alternative to the high risk merchant account at HighRiskPay.com. Around since 2011, the processor offers services like chargeback, gateways and software integration.
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I tried to contact them a few times with the contact form, but never got any reply. Has anyone been in touch with them lately ?
 
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#127
sebastian said:
for how long have you tried? I just wondering because they may be busy, thats all?
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waiting for 14 days by now!


Beside that I’ve heard of HighRiskPay, but it’s always a mixed bag with high risk merchant accounts.

Have you checked their reputation with other users or looked into alternative providers?
 
#128
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#129
uplana said:
Considering highriskpay's rating
Better Business Bureau (BBB): HighRiskPay.com has been accredited since 2014 and maintains an A+ rating, reflecting its commitment to ethical business practices. coruzant.com+3
See yourself https://www.bbb.org/us/ca/ladera-ra...rchant-services/highriskpaycom-1126-100095666
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the rating on BBB does not mean they are the best payment processor for high risk business on earth, they can still be crappy and make troubles for your business. Just look at PayPal how horrible they are.
 
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#130
koohl said:
the rating on BBB does not mean they are the best payment processor for high risk business on earth, they can still be crappy and make troubles for your business. Just look at PayPal how horrible they are.
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And here I completely agree, there are so many factors at play when it comes to payment processors. Even companies like Durango Merchant Services, which have relatively good ratings, can still end up referring you to outright scams.

In this industry, or in any situation where you need a high-risk merchant account or payment processor, I strongly recommend doing your homework. Do proper due diligence on the company and research thoroughly, especially if it’s your only business and you're serious about it.
 
#131
Kim-OTC said:
Many small businesses in certain sectors struggle to find payment processors that could work with them. Some of these sectors include gambling, cryptocurrencies, pharmaceuticals, adult services, magazines or travel agencies, just to name a few.

Fortunately, there are options out there. If you think about it, why wouldn’t you be allowed to try your entrepreneurship luck? All in all, this is another conversation. When it comes to high risk payment processors, HighRiskPay.com has become an interesting option lately.

Let’s find out why and what you can expect from such a high risk merchant account at HighRiskPay.com.

Main features of HighRiskPay.com​

View attachment 7361

HighRiskPay.com offers a full range of services for merchant accounts.

Main features and services​

Gateways are among the top services offered by the company, but business owners can also order card reading and processing terminals on site. Mobile payments are also accepted, which is a serious plus, not to mention support for e-commerce businesses.

Apart from supporting a wide variety of business sectors considered high risk, HighRiskPay.com can also be easily integrated into other platforms, such as Shopify, WordPress, Wix, PrestaShop, Magento, BigCommerce or OpenCart.

According to Ace Web Experts, chargebacks are also supported, as well as support with surcharging or fraud reports.

All these services are conducted using the company’s processing equipment, rather than over third parties, so data seems to be well protected.

Terminal, mobile and online payments are accepted altogether over a high risk merchant account at HighRiskPay.com.

What makes the high risk merchant account at HighRiskPay.com so popular​

What makes HighRiskPay.com stand out is the fact that it has an incredibly high approval rate. In fact, the official website claims you can apply today and get to business by tomorrow. While difficult to verify, the approval rate is advertised to be at 99%.

One more standout feature is the user experience. The platform’s design and functionality make it easy for users to manage their accounts, access customer support, and stay informed about their transactions.

In terms of fees and charges, HighRiskPay.com has no fees for applications or setups, which is a plus compared to other companies charging unnecessary fees. There are, of course, monthly and processing fees.

There are no contracts either, while bad credit companies are also accepted.

Pros
  • High approval rates
  • Accepts businesses with bad credit
  • Next day funding for approved businesses
  • Multiple software integrations
  • Supports companies from numerous business sectors
Cons
  • Monthly fees are slightly more expensive than for other similar companies
  • Approval requirements are strict

​

How much do high risk merchant accounts cost?​

Fees and rates associated with a high risk merchant account will vary from one provider to another. Moreover, the same provider is likely to offer different quotes to different businesses, depending on their industries, monthly income, software integrations and so on.

Some vendors display their fees online. Others will give you a customized quote upon request, so feel free to ask upfront before comparing.

Alternatives to the high risk merchant account at HighRiskPay.com​

While HighRiskPay.com seems like an excellent option for a wide variety of businesses, the truth is it’s not the only option out there. Let’s go through a few other alternatives that may (or may not) cater for your business better.

PaymentCloud​

View attachment 7362
PaymentCloud is easy to use and doesn’t require any experience whatsoever. It has good customer service and can accept cards, cryptocurrencies, mobile or online payments, POS payments and so on. The processor is suitable for both small and middle-sized businesses.

It supports more high risk industries, from dating to credit repair companies. The higher the volume, the better the service becomes.

Pros
  • Great customer service
  • Many software integrations
  • Inexpensive card processing
Cons
  • Fees are individualized and not given out generally

Durango merchant services​

View attachment 7363
Durango merchant services has specialized in high risk business sectors, helping companies in debt services, fortune telling, online electronics or MLM, just to name a few. The processor accepts more fiat currencies, but also takes cryptocurrencies, echecks and ACH.

Durango has gained a reputation after taking over potential customers rejected by other high risk payment processors.

Pros
  • Risk is not an issue for Durango
  • Fraud protection solutions
  • Good cryptocurrency processing
Cons
  • Fees are only given out when you ask for a quote

Soar Payments​

View attachment 7364
Soar Payments is also specialized in high risk industries, anything from antiques and fantasy sports to pet products and sports betting. It allows getting paid by ACH, but also cards and echecks. However, it does have some restrictions, so some high risk industries aren’t accepted.

For instance, adult, cryptocurrency or pharmaceutical industries are rejected upfront, yet the list is longer than that. Bad credit companies are also rejected, as well as those listed on MATCH.

Pros
  • Instant quotes
  • Solid customer service
  • Good prices, among the lowest in the industry
Cons
  • Mainly aimed at businesses in the USA, yet it accepts international customers too.

​

Host Merchant Services​

View attachment 7365
Based on Forbes, Host Merchant Services can provide a good alternative to the high risk merchant account at HighRiskPay.com, yet the company partners up with Electronic Merchant Services to offer various services. You can take payments in person, online, through a mobile POS, by ACH or cards.

The processor is a good choice for middle sized businesses. It also advertises to accept anything on the fine line between legal and illegal.

Pros
  • Works with most industries
  • No monthly fees
  • Excellent customer service
Cons
  • New business with no reputation will have higher rates

​

SMB Global​

View attachment 7366
SMB Global offers access to a complete account, similar to the high risk merchant account at HighRiskPay.com. ACH, echecks and cards are accepted altogether, mainly by partnering up with more international banks to provide the best rates for customers.

SMB Global lets customers choose between two different payment gateway alternatives. Some companies can get free EMV terminals or even mobile readers.

Pros
  • Good rates for international payments
  • Accepts companies with bad credit
  • Multiple software integrations
Cons
  • Some free terminals for certain businesses, but there are no requirements mentioned on the official website

​

National Processing​

View attachment 7367
National Processing takes on businesses with bad credit, as well as businesses with no credit. It has a few fraud prevention tools in place, not to mention chargeback management. Unlike the high risk merchant account at HighRiskPay.com, this one is associated with a dedicated account manager.

Prices are given out upfront, without having to get a quote. Besides, no long-term contracts are required.

Pros
  • No termination fees
  • 24/7 customer support
  • Some businesses may qualify for free terminals
Cons
  • Fees can be quite high proportionally if you don’t process enough payments

​

Payline​

View attachment 7368
No matter how high risk an industry is, anyone can get a free trial of up to a month with Payline. You can try it out before deciding whether or not it’s worth it. Once an application is accepted, it has its own customized plan.

Like the high risk merchant account at HighRiskPay.com, Payline also claims to have a 99% approval rate.

Pros
  • Free trial
  • No PCI compliance fees
  • No long contracts
Cons
  • Very specific and different fees for each particular service

​

eMerchantBroker​

View attachment 7369
eMerchantBroker isn’t always listed among the best high risk payment processors, but it offers a decent alternative to the high risk merchant account at HighRiskPay.com. Around since 2011, the processor offers services like chargeback, gateways and software integration.

The company is very well rated and has a good reputation. For instance, it has a solid A+ rating with the BBB.

Pros
  • Everything done in-house
  • Proprietary tools
  • Highly useful tech support
Cons
  • Fees, rates, terms and contracts are given when you seek a quote

Why would I need a merchant account?​

A merchant account is needed if you want to process card payments, whether debit or credit. You won’t need one if you operate in person and take cash only, but other payments will require a processor for these transfers.

The payment processor is, therefore, a necessary intermediary between your customers and yourself, or better said, between bank accounts.

What do I need for my application to be successful?​

According to Stax Payments, each provider has their own rules, terms and conditions. In terms of paperwork required, you’ll need your bank information, as well as possible licenses you may need for the industry, PCI compliance and some financial statements to prove the income.

If unsure, double check with the vendor you pick.

Bottom line, a high risk merchant account at HighRiskPay.com is a pretty solid option, offering access to numerous solutions, integrations and decent fees. The high approval rate is clearly a priority for many, while the reputation and transparent pricing add to its profile.

What are your experiences with high-risk payment processors like HighRiskPay.com? Share your thoughts with us in comments.
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I would like to see some of the European payment processors into high risk here if possible.
 
#132
What's the updates OP, can you share?
1747564389849.webp
 
#134
Don't Stripe, Skrill and Paysafe support this in your country ?
derogsearch said:
can someone recommend a payment gateway which has one of these payment methods:
giropay, SOFORT, paysafecard

thank you in advance
Click to expand...
 
#135
EliasIT said:
Don't Stripe, Skrill and Paysafe support this in your country ?
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I work with a US LLC, on stripe the guy where I made the setup is looking if stripe unlocks giropay.
For paysafecard I still search, I dont prefer to request directly at paysafecard, i'm looking more like a provider of payment gateway (like mollie) which has paysafecard, giropay but sadly mollie is EU only
 
#137
user123434 said:
Giropay not exists since last year.
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As a replacement, the new European payment system called Wero was launched on July 2, 2024. Supported by 31 major banks in the eurozone, Wero offers real-time P2P and C2B payments. It is available in Germany, Belgium, and France, with plans to expand to more European countries.

Businesses that previously offered Giropay should update their payment systems to include alternative methods such as PayPal, Apple Pay, Google Pay, or SEPA transfers to continue processing payments.
 
#138
derogsearch said:
I work with a US LLC, on stripe the guy where I made the setup is looking if stripe unlocks giropay.
For paysafecard I still search, I dont prefer to request directly at paysafecard, i'm looking more like a provider of payment gateway (like mollie) which has paysafecard, giropay but sadly mollie is EU only
Click to expand...
I'm not aware of Girpay stopped operation, if so, what will Stripe unlock then?

Try with Instabill or Durango merchant services they may have some solution for you, they are listed in the article.
 
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#140
EliasIT said:
I'm not aware of Girpay stopped operation, if so, what will Stripe unlock then?

Try with Instabill or Durango merchant services they may have some solution for you, they are listed in the article.
Click to expand...
I am also not aware that they have stopped the service, as payment gateway providers still list them, as does stripe.

I have already found a provider for Paysafecard and the KYC is almost complete. I'll have a look at Durango and Instabill.

In Stripe Giropay, SOFORT is grayed out (contact with support pending) - have no further information, as the user who manages the company for me takes care of everything. I will report back if anything new comes up. The only question at the moment is whether these payment methods can be activated at all due to the company's headquarters (USA, DEL)

Does anyone know if there are legal regulations that only EU countries can work with EU means of payment?
 
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