No. You will probably pay at least $25/month to maintain your high-risk merchant. Leverage Zen Payments’ network of over 15 direct bank and processor relationships to find the best long-term home for your merchant account. All sexually-oriented or pornographic merchants: (i. High risk transaction fees for EU or UK businesses start from 2. The provider needs to be sure that products or services are delivered by the merchant to all clients in a timely manner so that all parties are satisfied. If your business operates in a high-risk industry such as gambling, travel, or pharmaceuticals, high-risk merchant account providers like Instabill and ccNetPay may be suitable. Finally! A quick and easy way to find a merchant service provider for high risk accounts! When you work with us, you can expect 5 star service that delivers the results you need. One essential service that top merchant services offer is credit card processing. partnerwith a reliable merchant services provider that can. This pricing is very good in the high-risk processing world. Define your project needs. Host Merchant Services may help your business grow as a merchant account provider. The company specifically markets. View our rankings of the best high risk merchant account providers for nutraceuticals. g. 196E Campden Hill Road London, W8 7TH. WooCommerce offers an online application, which greatly simplifies the process. A high-risk merchant account is a subset of services that allow businesses in high-risk verticals to accept card payments from customers. e. Where one provider may consider you high risk, others may not. 1. Instead of requiring a contract, the company. Stax by Fattmerchant. Contact our high risk merchant account experts for any help!However, many merchant account providers consider call centers to be high-risk businesses. g. Such as the high volume of money involved, international payment, working in a high-risk industry, or having a low credit. It also offers a free payment processing account and a small ticket program for micro-businesses. The best credit repair merchant accounts are able to accommodate high-risk transactions at a fair price with reasonable contract terms. A merchant account is a bank account that allows businesses to accept funds from electronic payments including credit and debit cards. Our typical turn-around time is 3-5 business days. Through new business ventures, you’ll have the opportunity to develop your company and strengthen your brand. Merchants that process high transaction volumes or transaction amounts may be subject to a high-risk merchant account. The following are five critical things you want from your CBD merchant account provider; The high-risk merchant account providers in the USA provide fast and secure payment processing, fraud prevention measures, and chargeback management services, among others. Step 2: Submit the required documentation. Having a business means taking on risk and sometimes merchant account providers don’t want to take the ride with you. The five providers we’ve listed above are all great options for businesses of all sizes. For example, if you process $20,000 or more a month, or if you have an average transaction amount of $500 or more, you risk more opportunities for higher chargeback ratios. Credit Card Processing Services. A high-risk merchant account can provide the same types of services as low-risk providers. It doesn't have to be. General characteristics of a low risk merchant account. But, they vary from processor to processor and your cash flow is important, so you’ll want to negotiate against the merchant reserve if possible. Reserves can be held for 180 days after account closure before they are released. A high risk merchant account is a payment processing account for high risk categorized businesses by the acquiring banks and the credit card companies. Of course, Bitcoin has only been around so long. Our gateway partners will give you access to all information regarding your new. Get an instant online quote for high risk merchant services. But high-risk businesses may be tied to long-term contracts (2-3 years). Fast Approvals. Moonlight Payments Overview. They have had to use either direct providers, horizontal industry gateways that have been open to serving high-risk merchants and high-risk specific gateways (e. Traditional merchant account providers will often end up canceling the accounts of a high-risk business or not approving them in the first place. ”Chargeback” refers to situations when credit card companies make a refund back to a customer based on request. The statements will display how you collect funds from people. 3) US Signer – Typically a US resident with >50% ownership is the signer but LLCs can be “Manager-Managed”. As long as your chargeback rate is below 3%, emerchantbroker. A merchant account is a type of business bank account that allows businesses to process electronic payments such as debit and credit cards. Don’t choose the first high risk merchant account provider that pops up in an online search. 2Checkout (Verifone): Best for managing VAT and. But at times a business may have to face different types of risks which can become a big cause of failure too. But high-risk businesses may be tied to long-term contracts (2-3 years). Host Merchant Services: Best for Interchange-Plus Pricing. In addition to protecting your provider against chargebacks, reserve accounts protect you as well, making it much less likely that you’ll experience an account hold, freeze, or termination. Close. If you’ve also faced challenges setting up Nutraceutical -friendly credit card processing for your business, we. Helcim: Best for interchange-plus pricing. PayOp is a payment aggregator for various business types. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. 15 per transaction. BankCard USA specializes in game-changing credit card processing solutions for merchants considered high risk. Gspay. Home;. There are several criteria that the banks look at to assess risk. To get a merchant account, one must submit an application with a merchant account provider. Read Full Story. Being tagged as a high-risk merchant account means that the payment service provider will consider you are at high risk of having higher chargebacks and. Skip to content (866) 582-3062; info@elmoremerchantservices. 9% + 30¢ online. What is a High Risk Merchant Account. Blue Sky Peptide is a few example of successful e-businesses in the peptide industry with active merchant accounts. For more information, please contact us at 800. 805. Being tagged as a high-risk merchant account means that the payment service provider will consider you are at high risk of having higher chargebacks and refunds on your credit card transaction while with the low-risk merchant account, you are considered to be less prone to chargebacks. Moonlight Payments stands out as a dedicated payment processing provider for high-risk merchants and specialized industries. High-risk merchant accounts are specially designed to meet the payment processing needs of high-risk businesses. net: Best for B2B transactions. Let us handle your high risk merchant services today. The Leading High-Risk / eCommerce Payment Provider. Soar Payments: Best for High-Risk eCommerce Businesses. For this reason, high -risk accounts require a unique personal identification. High risk merchant account providers offer a lifeline to industries that face difficulties in securing payment processing solutions. The Best High-Risk Merchant Accounts of 2023 PaymentCloud: Best overall Host Merchant Services: Best for large high-risk businesses Durango Merchant Services: Best for highest-risk businesses SMB Global: Best for international merchants Soar Payments: Best for United States-based businesses See morePayPal. Adult payment processing is high-risk credit card processing so it comes with different fees and fee requirements which vary by service. Assuming the authorization is passed,. However, firearms merchants are also classified as high-risk and obtaining an online firearms merchant account is extremely difficult. Offering secure payments at your dispensary is essential. Stripe: Best for owners of multiple businesses and brands. The system reads and transfers the payment information into your merchant bank account within seconds. While the industry has operated without many regulations, the Federal Government has threatened to clamp down with online payments. High volume solutions: load balancing gateways and multiple MIDS. High-risk merchant account fees are the fees charged by the provider in order to offer you the merchant account service. As a rule, you can expect higher fees for opening an account, processing payments, handling chargebacks and terminating your contract early. 2Monetize: 6. Shopify: Best for. The top processors are determined based on competitive rates, etc. In many cases, you’ll need to sign a longer contract and keep a larger cash reserve. We can help you set up a payment gateway and merchant account that will work for your business type. We are one of the best high risk merchant service providers in U. Service providers offering High-Risk Merchant. These are the registration charges that are taken while making a contract with the merchant account. Best for international merchants. What We Look For in the Best Merchant Services 1. WRITTEN BY: Anna Lynn Dizon. +208-806-2953Fortunately Merchant Account Providers specialize in providing electronic payment options to any type of business across the board. Looking for High Risk Merchant Account Providers in USA? Elmore Merchant Services provides High Risk Merchant Account in USA. A merchant account is a type of bank account that allows an individual, business, or organization to accept debit and credit cards as a form of payment. Flagship Merchant Services: Best. So, don't waste time applying with the wrong provider. S. Find the Right High Risk Merchant Account Provider. ProMerchant’s rates are 0. Including individual transactions and batch totals with comprehensive reporting tools. Fast approval in 24-48 hours. 0% + $0. When it comes to the application process, applying for a high-risk merchant account is quite easy. Here are the major differences between low risk and high risk merchant accounts. In Summary: 5 Best Bad Credit Merchant Account Providers. When it comes to. Each merchant account provider has its own guidelines to determine whether a business is considered high risk. High risk account fees go as high as 1. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and High Risk Merchants. The top processors are determined based on competitive rates, etc. The company’s products and services include point-of-sale solutions (with specific packages. Payment Depot: Best overall. . net saves you more money probably depends on the size and number of ACH transactions you have per month. Close. The company’s in-depth understanding of how to handle large volumes of transactions makes it a standout choice in the market, and it specifically focuses on ensuring efficient. Instabill has been providing high risk merchant account approvals since 2001. 3. . The lowest sales threshold for an ISO account falls at around £80,000 per year for Visa, whereas the highest sales threshold is required by Mastercard at £800,000. With reliable customer service and a user-friendly platform, your merchant services provider becomes a partner. Our commitment to beating competitor rates, dedicated customer service, and thorough rate review. As an ISO partnering with top-tier high-risk banks and Payment Service Providers worldwide, we offer unparalleled expertise across various legal verticals in the United States and beyond. Stax: Best for high-value transaction. Thales Group United States Division 4 Reviews Write A Review Olivier Piou 33 1 57 77 80 00 Visit Website 2002 $1+ billion 25,000+ 5,000+ 93 MMake sure that the merchant account provider can cater to your business as it grows. Some businesses may struggle to get approved for a merchant account from mainstream providers because they’re considered “high-risk”. Payment Depot: Best for High-Volume Businesses 3. High Risk Merchant Account Providers in USA. We suggest 4 popular payment providers that cover high risk merchants: 1. e. A merchant account is a particular type of bank account that business owners must establish in order to accept payments. Dharma’s monthly fee is $20 per month. For example, a provider may have no problem with Adult, but not accept any other high risk. Decades Of Experience. , payment gateways specifically for. Mobile credit card. 35 per transaction. If your company doesn’t have a positive transaction history or it is too new to have developed one, you will encounter high charges from payment processing providers at best, but more. See more about High Risk Merchant processing With approval turnaround time. If you’re not sure if your business is high risk or you’d like further clarification on our position on bad credit and high risk businesses, give us a call toll-free at 1-800-774-7597. The top processors are determined based on competitive rates, etc. If you have no merchant account, there is no way to be paid for your digital transactions. We accept all types of companies including: Travel, Credit. But, there’s no stress of account closure. In 2021, consumers paid for 70 percent of their purchases with a credit or debit card. PaymentCloud Top Rated Merchant Service for Authorize. Accessible: Instabill offers a direct line to your personal merchant account manager: 1-800-530-2444. Here are just a few excellent high-risk merchant account providers to help you start your search off right: Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. Doing business in countries with a high level of fraud. ACH on Authorize. Best High-Risk Merchant Account Service Providers; Best Retail POS Systems; Best Cash Register For Small Business;Merchant reserves are meant to protect high risk merchant account providers from footing any surprise bills that the company incurs. 3%, including interchange fees. There are several ways this service can enhance your profits while ensuring your customers get quality support for payments. “7 Chargeback Statistics Merchants Need to Know. A merchant account is a type of bank account that allows an individual, business, or organization to accept debit and credit cards as a form of payment. PaymentCloud: Best For High-Risk eCommerce. Approval can be obtained in four hours, and funds will be moved into your. Get a free Clover Go card reader from National Processing. These businesses often operate in industries associated with high chargeback rates, potential fraud, and legal or regulatory issues. When choosing a merchant account provider, businesses should consider factors such as experience, reputation, customer support, and competitive pricing. Top 15 Industries where the Best High Risk Merchant Account provider can provide reliable and affordable payment processing services. View Website. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and. But the brand touts itself as one of the merchant service providers that jumped on the cryptocurrency bandwagon before many of its competitors did. We’ve recently added five new high-risk merchant account providers to our network,. They can assist with both online and offline payments and provide you with a range of options, including credit cards, check processing , and even digital methods like contactless payment or crypto. With an emphasis on personal attention and customized solutions for “bricks-and-clicks” companies (i. No. With over 20 international and. 1. This could either be in the form of transaction volume or add-ons. They also provide safe handling and storage of customer payment data. Merchant account fees. . National Processing offers different plans based on whether you’re accepting payments in-person or online, and it promises $500 if it can’t beat high-volume ($10,000 or more in monthly sales. The Problems For High-Risk Merchants. It caters to e-commerce and card-not-present business types. To learn more about high-risk payment processing or to sign up for a merchant account, you can visit Charge. Its risk management and fraud protection tools are handmade for travel agencies, while its flexible merchant services packages are tailored to selling airline tickets, hotel. Again, adult entertainment account and payment processing rates fluctuate with season. Voted the #1 high risk processor in the United States, EMB talks to each business to get to know its wants and needs. Signature Payments has been providing high-risk merchant accounts to businesses for over 25 years. Our. We can offer credit repair payment processing options and merchant accounts for your business, helping. However, if you run a so-called high-risk business and want to accept card payments, you can apply for a high-risk merchant account. To avoid the hefty fees and registration requirements, make sure. High Risk Choice Delaware, United States Write A Review Visit Website 2008 $5 million - $10 million 145 650 99 MGet started or call us today at (800) 621-4893. Examples include online gambling businesses, subscription-based businesses and pharmaceutical businesses, among others. An Independent Sales Organization, or ISO, is a specialized third-party company that sells and manages credit card processing services outside of a bank or other financial institution. A high-risk business is a business that has certain unique credit card challenges that are specific to how it processes payments. Therefore it is best to check with that particular provider. With their services, you can accept payments via debit or credit cards, gift cards, or prepaid. 3%, including interchange fees. But the reality is that these are the industries that make the most of the profits that run the economies of countries. In simplest terms, a merchant account allows your business to accept different kinds of payments – usually credit card payments, but also online, mail or even telephonic transactions. High-Risk & Low-Risk Merchant Accounts: While Corepay can also place low-risk merchants, its specialty is in providing merchant services to businesses that are deemed to be in a high-risk category. Below are some examples of the businesses that would typically require a high risk merchant account in order to process credit. ultimately allowing us to apply for a high-risk merchant account from the best banks likely to approve your. High Risk Pay offers merchant accounts to the e-commerce businesses that can’t open a credit card processing account with a low-risk provider. High -risk traders accounts highriskpay. EMB makes applying for a smoke shop merchant account quick, simple, and affordable. Our solutions also support both US dollars and euros,. Moonlight Payments excels as a merchant account provider — especially businesses with high-volume transaction needs. com ; Search. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. 2) What is A High Risk Business. There are certain providers which may generally avoid high risk merchants but have taken on one certain “niche category” like travel, gambling, CBD, adult or pharmacy. For example, a provider may have no problem with Adult, but not accept any other high risk. In our evaluation, HMS scored a respectable 3. Working with a qualified high-risk. Apply now Merchant Services. GoCardless: Best for only ACH payments. Thankfully, various high risk merchant account providers in usa specialize in serving companies outside the traditional lending criteria. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving businesses of nearly any type. 1. Less flexibility than traditional processors. Visit Site. PayPal: Best for occasional sellers. Treati. However, high-risk payment processing is what PaymentCloud is best known for. that the merchant may not fulfill their responsibility to pay for the charge-backs, then it may be considered high risk. Many merchant account providers now offer solutions tailored to those businesses, so make sure you look for one that specifically mentions the ability to accept applications from businesses with poor credit. In fa. 45 per transaction. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and. Fees for merchant services vary by provider, pricing model, and payment location and method. 2Monetize: 6. A high-risk merchant account is a business account that is mainly designed for businesses that have an excessive risk of chargebacks, fraud, or legal compliance. Fast approval in 24-48 hours. Call us immediately to get on the fast track for high risk merchant processing, and get your high risk merchant account approved fast. Net. Stax: Best for avoiding transaction fees. Here are brief overviews of the seven best merchant account providers in the industry that accept CBD merchants: PaymentCloud: Best For Dedicated Account Manager For Customer Support. Our high-risk merchant account solutions offer several valuable features for new and existing businesses alike, including chargeback management, credit card acceptance,. [1] Statista. The best high-risk eCommerce merchant account providers know how important it is to safeguard customer information and protect your business from criminals. Per standard industry practice, payment. GoCardless Review - January 10, 2023. February 19, 2023. We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. Host Merchant Services. Currently, consumers’ most preferred payment methods are credit and debit cards. 5% minus the interchange rate. Durango Merchant Services is different. But, they vary from processor to processor and your cash flow is important, so you’ll want to negotiate against the merchant reserve if possible. Not all merchant services providers require a merchant account. National Processing: Best For Clover Processing Hardware. m. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . This could either be in the form of transaction volume or add-ons. E cigs provide many of the same effects of nicotine without creating smoke, rather emitting water vapor. These accounts come with higher fees due to the increased risk. Boasting 92% Excellent ratings over 64 reviews on Trustpilot, ProMerchant is one of the best-rated merchant services that supports brick-and-mortar retail stores, eCommerce businesses, restaurants, as well as numerous high-risk industries. Accepts domestic & international cannabis merchants. Shark Processing is a high-risk payment provider servicing merchants in the United States and internationally. Offshore High Risk Merchant Account Providers. With the recommendations on our list, you can eliminate a lot of the guesswork and avoid toxic high-risk payment providers. The Best High-Risk Merchant Accounts of 2023 PaymentCloud: Best overall Host Merchant Services: Best for large high-risk businesses Durango Merchant Services: Best for highest-risk businesses SMB Global: Best for international merchants Soar Payments: Best for United States-based businesses For small-business owners in search of a payment processor that offers high-risk merchant accounts, NerdWallet has compiled a list of the best payment processors for high-risk. You may be considered high-risk due to your processing history, which includes chargebacks. PaymentCloud is a registered ISO/MSP of BMO Harris Bank, Chesapeake. With an emphasis on personal attention and customized solutions for “bricks-and-clicks” companies (i. With EMB, you can enjoy top reliability, convenience, and ease of payment processing. The top processors are determined based on competitive rates, etc. Chat with us , powered by LiveChatThis blog will explore how high-risk marketers can combat the industry’s common issues of fraud and chargebacks, and how services from a reputable high-risk merchant account provider, like EMB, can offer transparent and secure solutions to these hurdles. com or call (888) 924-2743. If you’re looking for a merchant account and have had trouble getting approved because you’re in the high-risk category, it’s a solid choice. Where one provider may consider you high risk, others may not. They will help you prepare your application, explain the documentation needed, guide you through the approval process, and answer any questions you may have. We feature a hassle-free onboarding process with banks. The top processors are determined based on competitive rates, etc. WooCommerce offers an online application, which greatly simplifies the process. We work with both domestic US and international high-risk processing. Weaknesses. Stripe – Best for online credit card processing. Historically, merchants in high-risk categories have had few options for payments. The merchant account provider will approve your application if you fall into its low-risk category. 1. Claim your card reader. Merchant services should support your business, not drain it. Merchants can receive real-time alerts for all chargebacks lodged when enrolled in an alert service offered via the Ethoca alert system or Verifi networks. To accept such payments, a business has to have a valid merchant account. Merchant One: Best for easy merchant. Major card brands categorize merchants using merchant category codes (MCCs), and payment service providers must ensure that their merchants are accurately coded. The bank that hosts your merchant account is also known as an acquiring bank or an acquirer. Usually, the processing fees for a standard merchant account are charged at 0. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high-risk business types, like MLMs. Best for high-risk retail businesses. Merchant account providers may add their own criteria to the list, but here are a few that identify high-risk companies: $500 or more in credit card transactions. Merchant Services Provider : High Risk Merchant Account & Payment Gateway⚡ Instant Approval Contact us ☎(800) 956-1277 The Best ACH Payment Processing of 2023. Long on experience: Instabill has been finding high risk merchant account. Let’s say a customer wants to pay for a merchant’s products or services with a credit card. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Research Providers: The business should research high-risk merchant account providers that meet its needs and are reputable, have clear terms, and offer. Without a high-risk merchant account, ecommerce businesses eventually may face the risk of. Internet. S. We not. Instabill is one of the industry’s leading high risk merchant account providers worldwide. If you’re interested in high risk payment processing, consider turning to EMB, the #1 high risk processor in the US. Merchant Account. Read Review; ProMerchant. By offering a range of payment gateway services, NMI helps merchants offer secure and simple. Meaghan Brophy. All the above-mentioned. Analysing price, real-time reporting, customer support, and ease of use, we researched and collated our top 7 best virtual terminals in the UK. Moonlight Payments Overview. High Risk Pay. Normally, you'll be charged a fixed monthly fee (usually between £25 and £75 per month) and then fees on top of every payment you take (which typically range from 1. Get Accepted for a merchant account via our easy online application with the leader in merchant accounts for. Offshore Gateways: In 2023, Offshore Gateways is poised to lead the way as the foremost provider of best merchant account services for high-risk businesses. Durango Merchant Services is different. 75% of the total volume. View our rankings of the best high risk merchant account providers for bad credit. Industry is considered low risk e. Credibly is a finance organization that offers a merchant cash loan of approximately $400,000 through a simple online application procedure. com ; Search. The company offers payment processing services for more than 170 countries with 300+ payment methods, including local acquiring. Net account” refers to an Authorize. For example, ecommerce brands can expect to pay 4% per transaction while dating sites are looking at 6% and IT support 10%. However, the company specializes in serving the high-risk community, accepting a very wide variety of industries that ordinarily struggle to get approved for credit card processing. Published on May 22, 2023. To discuss all of your domestic high-risk merchant. If you are in the nutraceuticals business, look for a merchant service provider that specializes in high-risk industries like SecureGlobalPay and can provide you with tailored solutions. 2. Securing funds is an essential part of any business’s operation. 0% + $0. clothes, shoes, kitchenware, food. 2. High risk merchant account s allow businesses that are considered high-risk, to process payments online. The provider needs to be sure that products or services are delivered by the merchant to all clients in a timely manner so that all parties are satisfied. PaymentCloud – Best for high-risk merchants. MallFine Merchant account providers consider some sectors to be high risk merchant categories, leading to most mainstream services, such as those offered by banks, refusing to deal with businesses within them as a matter of reputations and their luck of ecommerce management. Determining the risk level of your International merchant account involves evaluating various factors, including your industry, payment processing needs, and the nature of your business. High-risk merchant accounts differ from low-risk accounts in the following ways: Almost always a full-service merchant account (PSPs typically don’t accept high-risk businesses) Extensive underwriting process required before account approval; Might be underwritten by an offshore bank or processor; Typically require a long-term contract 3. BankCard USA has offered high-risk merchant accounts since 1993. The Terminated Merchant File, better known as the TMF list or MATCHlist (Member Alert To Control High risk), is akin to a ‘detention’ of sorts for merchants. It acts as legal permission to accept credit card payments online. The advantages of having a high-risk merchant account in the USA. These are some of the high risk business that is. While interchange fees may vary from company to company, in general, higher risk will incur higher fees. 322 Encinitas Boulevard, Suite 200 Encinitas, CA 92024. Square: Best Free Merchant Account For Small Businesses. It would be best if you didn’t. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Though these businesses may be profitable, they can run into problems taking payments due to the non-availability of high-risk merchant accounts. It is the single solution for all your high-risk payment-related problems in Singapore and the rest of the world, too. Helcim : Best All-in-One Platform. Luckily, Instabill takes on the responsibility. 75; Midigator. The company offers a wide range of payment processing services, including virtual terminals, point-of-sale systems, and mobile payments, and can provide. Some of the documentation you should be expected to submit as part of a WooCommerce application include details about your business’s sales volume and. If you are applying for a second. 3. A high-risk merchant account is an agreement between a merchant and a bank. Reasons Why You Should Open Offshore. Accepts high-risk merchants. List Of Merchant Account Providers. A high risk merchant account is a payment processing account for high risk categorized businesses by the acquiring banks and the credit card companies. WorldPay – Best for set monthly fees and regular payouts. Best high risk merchant account service providers for Australia. Fast approvals in 24 – 48 hours. A 2016 consumer survey showed that 40% of the 1,000 respondents approve of credit cards as the safest payment method. In Summary: The 6 Best Virtual Terminals For Small Business. Seasoned high-risk credit card processing specialists tend to have well over 20 years of experience in the merchant acquisition industry. Navigating High-Risk Credit Card Companies in 2023. The company has a positive reputation for transparent customer service and reliable support. An ISO allows retailers to process credit cards without having a. Usually, the processing fees for a standard merchant account are charged at 0. Specialized high-risk payment processors are the best option to guide merchants through the challenges of growing a high risk business.