Am I a High Risk Merchant? What is a High Risk Business?
My application for a merchant account was declined, does that mean my business considered high risk?
Many merchants wonder, “Am I a High Risk Merchant?” High risk merchant accounts are a growing sector of the payment processing industry, but it can be unclear as to why certain industries receive the high risk status. We decided to make an industry specific guide to credit card processing in high risk businesses that helps merchants understand some of the risks involved in processing credit cards that may classify them as high risk. This is meant to be a general guide and we invite you to contact us to further understand how to mitigate against some of the risk and secure a merchant account.
High Risk Merchant Industry List