? High Risk Merchant Account, High Risk Merchant Account Fees Honest Providers Video
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A high-risk merchant account is required if a business with a greater risk of fraud or chargebacks — or with certain other characteristics — wants to accept card payments. For example, some processors won’t work with specific industries, like tobacco and firearm sales. Many processors are wary of businesses that sell internationally, have subscription pricing or don’t have much cash in the bank. However, if you run a so-called high-risk business and want to accept card payments, you’re not completely out of luck: You can apply for a high-risk merchant account.
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