NEED HIGH-RISK MERCHANT ACCOUNT FOR CANADA !

[Superior]

Hello,
We run a educational/consulting business on the stock market in Canada. Its been a real pain trying to find a merchant account ever since Striped kicked us off after a year for being too "high-risk" for them. And there's not so many high-risk merchants that support a Canadian business let alone ours. And please no processors that hold money for long periods of time.

If there is anyone that can get us out of this situation wed be very grateful ! Cheers.

 

[royclark1]

There are many solutions available for your business model, we can help you in setup.

 

[royclark1]

i do not have access to the messaging system here, if you have please drop me a message

 

[Superior]

I dont either please explain what merchants you use we would like to get started asap

 

[royclark1]

I dont either please explain what merchants you use we would like to get started asap

would like to ask you few things before that
is this a recurring payment model ?

 

[Superior]

No it is not. Its simply a one time payment membership type theme.

 

[royclark1]

oky, what is the Volume and Geo location of the customers ?

 

[Superior]

100k a year, and worldwide mostly USA clients. Were going to need that name now. As were not interested in unknown merchants. thanks

 

[royclark1]

100k a year, and worldwide mostly USA clients. Were going to need that name now. As were not interested in unknown merchants. thanks

you can use Asia Pay, DOZYPAY, TrustPay, Billpay

 

[Superior]

you can use Asia Pay, DOZYPAY, TrustPay, Billpay

Will they approve us ?

 

[Superior]

They all have terrible reviews sir. Not looking good lol.

 

[JohnLocke]

The problem you may face in your current situation is that your business activity may be considered high risk with most regular payment processors and for that reason you will only have the less respected processors left.

Have you looked into a solution with your local bank if they are able to help you with a merchant account?

Otherwise there may be instabill, websitebilling and a few more that you consider to approach.

 

[Superior]

Haven't yet. do you have any more suggestions for us? Instabill said they cant for us.

 

[JohnLocke]

Don't expect me to spoon feed you I hope you find what you are looking for.

 

[Superior]

Okay? I wouldnt call it spoon feeding this is literally a forum for this type of thing.... lol

 

[clemens]

I agree with the processors already posted here. I think what @Admin means is you have to Google the forum to find more payment processors. Personally I'm sure it will give you some relevant hits.

So I checked the list of trusted service providers in his signature and there is one there I believe that can help if everything else fail.

Did you check with Durango Merchant services?

 

[Superior]

yes already tried durango they dont have a solution for us

 

[jerrywhyte]

100k$ a year not too much. Have you tried Payoneer "Payment Request" via card payment by email invoice?

It's simple just click on Payment request from inside your payoneer account, enter the customer/client names,
tel, address and email. and he does not need to create a Payoneer account. He just need to click on the invoice
that will be sent by payoneer and enter his/her card details and send the payment. Its roughly 48hrs for the funds
to be deposited into your payoneer and be available for withdrawal

 

[NicolasMaduro]

Whats your chargeback rate? Whats your number of transactions? Whats your average transaction value?

 

[TotalPayment]

How long of processing history do you have? And, what is your chargeback ratio? Most high risk processors will ask for rolling reserve.