It supports businesses of all sizes, offering both standard flat-rate and interchange plus pricing. They have an average deal value of less than $500. eMerchant Authority is the leader in payment processing for high-risk merchants. - Accepts wide variety of high risk industries. The criteria that merchant account providers use to classify businesses according to the level of risk that they pose are different for each type of merchant, but there are certain aspects that are common to both types. These fees vary according to the processor, with some processors waiving most of these fees. The amount of the rolling reserve will be determined by the processor based on a number of different factors. In Summary: The 6 Best Virtual Terminals For Small Business. Only one type of currency is accepted. What is a low-risk merchant account? For merchants with low volumes of transactions and average sales under $500, the benefit is a reduced processing fee. Here’s how this process works: 1. , those with both physical and digital storefronts), Moonlight addresses the unique challenges faced by businesses in sectors like. Low-risk rates, as low as $99 per month and $. Low-Risk Merchant Account High-Risk Merchant Account; Transaction volume: Less than £16,000 per month: £16,000 per month or more: Average transaction size: Less than £400: £400 or more: Country of operation: Low-risk country (e. Moonlight Payments Overview. A high-risk merchant account means payment processors and card networks view the company as being more likely to default on its payments, suffer high levels of chargebacks, or even commit fraud. EMB has made it their responsibility to offer a range of local and offshore merchant accounts to all low risk and high-risk merchants. High-risk merchant accounts typically have higher processing fees to compensate for the risk the payment processor takes on while working with the account. For instance, one of the disadvantages is the fact that it might take longer to obtain one than it would in the case of a low-risk merchant account. Without a high-risk merchant account, ecommerce businesses eventually may face the risk of. They partner with Payline Data who is maybe a better choice for low-risk companies. If the average ticket is less than $500. The second thing you need to know is the type of merchant account you’ll get with your application. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. These merchant accounts generally have higher chances of fraud and chargebacks. Low Risk. A rolling reserve that can be held for up to 180 days (or longer in some cases) after account closure. 3D Secure Processing. High risk rates as low as blended 2. SMB Global. A merchant with a low credit score — whether it’s because of a prior bankruptcy, a tax lien, or any other reason — will by default be classified as a “high risk” merchant, and therefore will usually be rejected for a credit card processing services by most large banks and merchant services companies. Review merchant submissions of SAQs, network scanreports , and Reports on Compliance (ROC), if applicable, to determine that a merchant is in compliance with the PCI DSS. While they do also accommodate low-risk businesses, they are better suited to high-risk ones. io can offer merchant account approval for most low-risk businesses in about a day. How do I get a Low Risk or High-Risk Merchant Account? Our specialty is matching a business with a suitable credit card processing service in a specific geographic region. 50% + $0. But they can expand the possibility that the merchant will need a high-risk . Average card transaction is below $500. Ongoing Support. Longer approval times are almost always due to delays while underwriters wait for additional information from the business owner. During the merchant underwriting process, the payment provider will assign a risk level to the merchant account application. Credit card processing fees are higher. Excessive chargebacks are a prime reason why merchants are denied payment processing services. If a high risk business tries to get a low risk payment processor, there is a high chance of getting the account terminated at any time. The $30 monthly fee for Level 3 processing will be quickly recouped with Level 3 interchange savings. This may include per-transaction and chargeback fees as well as setup, cancellation, and other one-time costs. Low-risk merchant accounts also have low chances of fraud and minimal sale amounts. Low-Risk Merchant Accounts. Select A High Risk Merchant Account If an account has been opened under false pretenses or the business model. low-risk merchantsBelow are the distinctions between a low-risk merchant account against a high-risk merchant account. io is a newly-established merchant account provider that caters to both high-risk and low-risk US merchants. Offers Paysley QR-code payment service. So these are some differences between low and high-risk merchant accounts that you should know: Low-Risk Merchant Account. 1. We recommend the following steps when your account is terminated: Reach out to Paypal for a status update – this will likely result in you waiting for up to 180 days as they audit your account. At Corepay, we frequently get merchants approved who have had their Paypal accounts terminated as we specialize in high-risk payment processing. Call us 888-334-2284 or email us at sales@signaturepayments. One unique feature offered by HMS is that free web hosting is included with your merchant account, making it that much easier to get up and running for online sales. In the world of merchants, the ability to process credit card transactions is vital to the survival of your business. 2) Chargeback ratio is low to nothing. The payment gateway high risk business will differ from low-risk businesses in terms of cost and processes involved. The reason is simple: Everyone in the payment chain (except for the customer) loses money in a chargeback. Many companies consider this to be having a merchant account. When you call or email, you’ll always speak with our friendly, in-house client support team. In-person payments cost the merchant a fee of 2. Our payment experts approve 99% of low and high-risk merchants for full-service payment solutions, becoming the #1 provider for payment processing, funding, and so much more. Allowing businesses to accept payments on their own terms, Authorize. Merchant services should support your business, not drain it with excessive fees. We make High Risk Easy. It allows you to take credit card payments, handle more transactions, and keep your operations safe. Most brick-and-mortar retailers are low risk businesses as card-present (CP) transactions are less susceptible to fraud; some online merchants may qualify The merchant sells to countries that have a high level of fraud. S. Stripe: Best Online Processor. If you’re considered a “low risk” merchant, that’s good news! You can expect to have significantly more choices of merchant account providers than your “high risk” peers. options above. When it comes to low risk merchant accounts, typically the reoccurring monthly fees are low or minimal, but that is not the case with a high risk credit card processing merchant account. Medium and Low Risk Merchant Accounts. high risk merchant accounts is the amount of. 30% + $0. High-Risk & Low-Risk European Merchant Accounts. Lower risk merchants tend to be able to command lower fees and have a better selection of account products to choose from. On the other hand, high-risk merchant accounts deal with high-risk items like cannabis, tobacco, firearms, airplane tickets, virtual currencies, and pharmaceuticals. Our payment gateway services give you access to information regarding your merchant account solutions. In contrast to a low-risk merchant. Best for online and international sellers: Durango Merchant Services. 1) High-risk merchant accounts. High-Risk Merchant Account vs Low-Risk Merchant Account. Obtaining a merchant account with bad credit requires multiple steps. Typically, monthly fees range from $10 to $50. CorePay. Hence, its functioning is a little bit different from the usual low-risk merchant accounts. A high-risk merchant account with instant approval can be the lifeline your business needs. 9% + 30¢ online. Banks won’t onboard any business category that poses a high financial and reputational risk. In our review of merchant services, PaymentCloud earned an overall score of 3. A high-risk merchant account has never been easier to attain thanks to Payment Savvy. High Risk. Our process is simple so you can focus on your business. The funds from customer payments need to go somewhere with the business name on it. Square: Best overall. The company specializes in merchant accounts for high-risk businesses. Low-risk merchant accounts also have low chances of fraud and minimal sale amounts. Higher fees. When your business is considered one that comes with added “risks” it means that you will be categorized as a high risk merchant and therefore require a high risk merchant account. Stripe. FICO: N/A. net Gateway. LOW RATES. Low-Risk Merchant Accounts. Square. It’s nearly impossible for an eCommerce business to survive without accepting credit or debit cards in today’s time. It is important to note that each payment processor has its own set of criteria, but there are certain qualities that are shared by all of the competitors on the market in terms of security. g. PaymentCloud: Best for High-Risk Businesses 5. You may suffer sudden account termination in case of a slip-up. Some of these include: 541990 - All Other Professional, Scientific, and Technical Services. 40 per transaction, plus a required 10% reserve (which is standard for most high-risk merchants). Some examples of low-risk merchant accounts are gas stations, grocery. Registration fee: Once your account is set up, you’ll need to pay a 500 USD registration fee to VISA and Mastercard. Your average ticket size is significantly less than $50. Painless can help get you approved for your High or Low Risk Merchant Account. Because of risk levels, either real or perceived, banks, financial institutions, and credit card companies would rather avoid working with high-risk. A merchant account is a specific type of bank account that allows merchants to accept payments. Low-risk merchant account. Cashback and reward points for certain merchant categories must. Each online gambling merchant account is different, but typical fees include: Merchant Account FeeAt the same time, low-risk merchant account does not provide the same offers. Certain industries are labeled as high-risk – operating under more stringent regulations with substantially higher transaction costs (e. Higher risk accounts may have to implement more stringent verification processes or pay higher transaction rates in order to accept payments. They won’t work with certain industries because they don’t want risk. ”. eMerchant Authority’s Online Gaming Merchant Options. The good news is there are a lot of merchant service providers that specialize in high-risk merchant accounts. 2. Supporting all the most well-known sectors in the adult entertainment industry — except escort services — Payment Cloud’s features are specifically tailored to meet the needs of web-based adult entertainment. Square Merchant Services: Best for Startups. When your business has been labeled a high-risk merchant account, you will almost always pay higher. On the other hand, high-risk merchant accounts deal with high-risk items like cannabis, tobacco, firearms, airplane tickets, virtual currencies, and pharmaceuticals. They are: Low-Risk Merchants; Medium-Risk Merchants; High-Risk Merchants; Typically, each merchant type has its characteristics. High-risk merchant accounts belong to businesses with a significant likelihood of getting chargebacks after a transaction. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. What Is a High-Risk Merchant. Low-risk merchants sell conventional goods and services, with usual transactions costing less than $500. GoCardless Last editedDec 2021 — 2 min read Table of contents Merchant accounts explained What is a high-risk merchant account? What is a low-risk merchant? In. Read our Review. The terms of the contract may vary from provider to provider, but at the core of the agreement, they are covering their bases. A high risk merchant poses more of a financial risk to the processing company. The merchant account opening is free for both. Again, it all comes back to that one word: risk. Simply keep in mind that we determine our rates based on your monthly processing volume as well as your individual business’s risk factor, but our rates can start as low as 6. Average transactions under. Low-risk merchant accounts are designed for businesses that have a consistent volume of sales, low returns/chargebacks, and are in well-established industries. Luckily, while the process to get one is a little more complicated, there are many benefits to a high-risk merchant account. It often means tougher-than-usual terms and higher fees than low-risk accounts. The E-COMMERCE BROKER company helps to register a merchant account for Visa, MasterCard, American Express, and for a number of other. Durango Merchant Services: Best for highest-risk businesses. Differences Between High Risk vs. This can rage anywhere from 5-20%. Low risk merchants are not usually required to set aside a reserve fund unless they have a low credit score. Payment gateways consider users with a few common traits low risk. Since account providers consider high-volume merchant accounts to be at higher risk, you will pay more for your credit card processing. Before reaching merchant services, Recognize some circumstances: Should be looking which payment type preferred by customers. Underwriting process: The payment processor conducts a thorough review of the business’s industry, financials, chargeback history, and other relevant factors to determine the risk level. They will need a high-risk merchant account because the credit repair industry presents several risks: (1) clients and their financial history (2) chargebacks, and (3) legality. High-Risk VS Low-Risk Merchant Accounts Low-Risk Merchant Accounts. Your average ticket size is significantly less than $50. in-person; 2. A merchant account is a particular type of bank account that business owners must establish in order to accept payments. g. Riskier companies may still be approved, but with. Banks categorize businesses into three main groups: high-risk merchants, medium-risk merchants and low-risk merchants. High-risk merchant accounts are for businesses in high-risk industries that sell high-value products or services, have a history of frequent chargebacks, and have an. That being said, the difference between high risk and low risk isn’t. This label is often due to the. A high-risk merchant account enables you to sell in riskier markets. Authorize. Our low-risk merchant accounts are perfect for nearly any industry, including: Convenience Stores; Specialty Retailers; Low-Risk E-commerce; Clothing Boutiques;. The following are additional requirements of low-risk merchants: Credit card transactions are usually $500 or less. High-risk merchant accounts support online payments worldwide, which could increase revenue and growth. The primary differences include the following: High-risk merchant accounts usually require a much more extensive underwriting process before the account can be approved and you can begin accepting credit/debit card payments Corepay is a newly established merchant account provider that accepts both low-risk and high-risk merchants. Every bank and provider uses a different set of criteria to assess the. Compared to a regular account, a high-risk merchant account will have the following. High risk merchant accounts come with higher transaction fees, stricter underwriting requirements, rolling reserves, and limited processing options. Additionally, if. ”. The provider may approve riskier applications but at a higher fee. Underwriting process: The payment processor conducts a thorough review of the business’s industry, financials, chargeback history, and other relevant factors to determine the risk level. For over 5 years, Corepay has specialized in providing merchant account services to a wide range of high-risk industries. The company specifically markets. In contrast, high-risk merchant accounts require more effort to set up and incur higher fees than their low-risk counterparts. In order to apply for a high-risk merchant A business that accepts credit cards for goods or services. The Best High-Risk Merchant Accounts of 2023. These risks could range from a high likelihood of chargebacks and fraud to legal. 5% for high-risk merchants. A few general characteristics that constitute a low-risk merchant to a payment processor include: Low transaction volume (less than $20,000 per month) Average transactions under $500; Business in one country that is labeled low risk (the U. In addition to the risk being more minimal than that of its high risk counterpart, a low risk merchant category is one that encompasses any business that. You might get a rate of about 0. Low-Risk Merchant Account. Open a business bank account. If your business fits into any of these categories, you’re primed to start working with Dharma. If you own a business, you understand the value of having a dependable payment processing solution. You’ll likely pay higher in merchant account and payment processing fees. The biggest, and most obvious, difference between a traditional merchant account and a high risk merchant account is the risk level they accept for their services. 08-$0. 08-$0. The company’s EPD Gateway is its primary product, with merchant accounts provided through partnerships with numerous major US and international processors and banks. Laundering payments through a low-risk merchant account allows maximum proceeds while avoiding regulatory limitations. Party of 4: innocent buyer; a victim of credit card theft; legitimate merchant; scammer/middleman; The cardholder places an order from a fraudulent, fake storefront that is offering goods at. Which types of merchant account you need for your online businesses depends on your company's risk factor. The high risk gateway services. Even though low-risk merchants also pay a chargeback charge (an expense you pay when a client disputes the charge directly using the credit card they use) However, high-risk merchants usually have higher charges for. Your fees are contingent on several factors, such as the merchant’s processing history, type of industry (high or low risk) and/or projected sales volume. The idea that a business is a low risk isn’t always about the levels of liabilities that the company poses for the payment processor. On top of that, there is a $500 cancellation fee. Some examples of low risk industries for credit card processing include: Retail: Physical stores that sell tangible goods, such as clothing or. Ultimately, a high-risk ACH account. For this type of business, the merchant needs a high-risk payment gateway and high-risk merchant accounts. Step 1 — the first step of the merchant account process involves a transaction made by the customer. SMB Global is a self-described "one-stop shop" for payment processing. Payment processors have different guidelines but have common factors around. 2. 2. The increased financial risk can make financial institutions hesitant to work with your high-ticket business. A low-risk merchant's average transaction value costs not more than $500 per transaction, whereas a high-risk merchant transaction costs more than that, and the transaction volume is also much. Meanwhile, businesses with low or moderate risk are less likely to be targeted for cancellations and other types of deception. However, Corepay is here to help, by using our many years of expertise and. If the business has low to zero chargebacks. To define a low-risk merchant account, it’s important to look at the common characteristics of these accounts. Fees for high-risk merchant account processing are generally greater than with low-risk ones. While the high-risk version is a bit expensive, it offers the merchant many. The quality that sets this company apart from its. Low-Risk Merchant: High-Risk Merchant: Average monthly sales volume: Less than $20,000: Over $20,000: Average credit card transaction:. 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. Helcim : Best All-in-One Platform. Now that you know more about merchant accounts, let’s take a closer look at the difference between high-risk and low-risk merchants. However, high-risk nonprofits may still be able to get the ETF waived. Payment processors that offer high-risk merchant accounts understand the unique challenges faced by high-risk merchants, such as an increased likelihood of chargebacks or fraud. . These are. A low-risk account may see a processing rate of 0. Not only do we have highly competitive rates, but we also provide 100% transparency and top-notch customer service. 1) Brick-and-mortar businesses where the credit card is physically presented. Many also offer additional tools such as payment gateways, virtual terminals, and point. Best for high-risk retail businesses. Corepay is a domestic and offshore merchant account provider for both high-risk and low-risk businesses, advertising its services to the adult industry, CBD and hemp vendors, eCommerce merchants, online dating services, and other business categories considered high-risk. $25 monthly payment gateway fee. They range from $10 to $50 for most companies. Click to get a free quote or call our experts at 888-302-8472. Payment Depot: Best for Low Fees; Chase Payment Solutions: Best for E-commerce Businesses;. This leads to a reduced risk. Merchant accounts work to process transactions so that customers can make sales with a debit card or credit card. Staying on top of any requests for supporting documents. Other examples of high-risk businesses include bail bonds, electronics, and credit repair companies. The industry is low-risk; Transactions are less than $20,000 per. General characteristics of a low risk merchant account. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. - Provides full service merchant accounts for high risk and non-high risk merchants. Interchange + 0. As compared with a high-risk merchant account, low-risk accounts often. If you’re in need of an affordable credit card processing solution for your business, Instabill has specialized in providing high risk merchant accounts to e-commerce businesses since 2001, and can help you find a solution that. Our team of expert advisors is on call 24/7 to help you get set. - $99 account setup fee, 3 year. A high-risk merchant account is a type of business bank account set up by a payment processor that allows merchants to accept credit and debit cards for their business, even though they have been. Direct Post Integration. We have over two decades of high-risk credit card processing experience and understand what it takes for high-risk merchants. In addition to the features and services already mentioned as part of the high-risk merchant accounts, 5 Star Processing also offers the following notable features. High-risk merchant accounts are services that enable companies to accept credit card payments from customers. It exhibits a deep understanding of the intricate landscape of high-risk payment processing and presents solutions that go beyond conventional offerings. You can request more information by filling out the form on its website. For the approval of a high-risk account, merchants need to have a solid credit history and chargeback management records. On the contrary, low-risk merchant accounts have more restrictions and are limited in scope. However, you’ll run a lower risk of account freezes and holds. Discount feeComparing Fees and Terms: High-Risk vs Low-Risk Merchant Accounts. A high risk payment processor should provide excellent service and competitive rates—but there are some negative aspects of high risk merchant accounts that are unavoidable. You’re in an industry that is considered “High Risk”; you are in eCommerce, you run high dollar transactions, your transactions happen in the future, you have poor credit or maybe someone closed your merchant account in the past - now you need a high risk merchant account. 5 Ways To Improve Your Chances Of Getting A High-Risk Merchant Account For. PaymentCloud: Variable monthly account fee. 2. However, high-risk merchant accounts may come with slightly higher fees, underwriting processes, and reserve requirements or other financial assurances to. Application: The business applies for a high-risk merchant account with a specialized payment processor that specializes in high-risk businesses. This special registration fee is only required for businesses in high-risk industries. Low Risk Merchant Accounts Finding the right credit card processing and merchant account provider is critical, yet challenging, for any business. The following are. High-risk businesses are those that are considered to be a higher risk for chargebacks or fraud. Our team of expert advisors is on call 24/7 to help you get set up with. We like to think of. If the average ticket is less than $500. Those who prefer to err on caution and use low-risk merchant accounts don’t have access to this resource. Even low-risk merchant account fees vary widely. They’re so well-established in fact that they work with over 60,000 merchants. Best for online and international sellers: Durango Merchant Services. Based on criteria that are developed by merchant service providers, your merchant account can fall into either one of the following: High Risk and Low Risk. With most full-service merchant account providers, you can expect to pay about $15-$30/month just for access to ACH processing, plus per-transaction processing charges that typically hover. High-risk processors will be able to guide you on ways to reduce your chargebacks and keep your fees low. When you’re obtaining a merchant account, the acquiring bank will classify your business as either low risk, medium risk, or high risk. While low-risk retail and ecommerce merchants can pay as low as $10 per month, high-risk merchants should expect to pay an average of $25–$45 monthly. It also involves continuous management of your payment processing solutions and making the appropriate adjustments along the way. The first thing most merchants will notice is higher fees. With the use of an Authorize. This is the fee that is charged for integrating the services to the merchant application. Even though the criteria might differ from one provider to another, there are some fundamental. Depending on your merchant services provider, this could be a one-time or annual fee if you’re required to renew your registration yearly. The long, technical, boring answer: A merchant account is a type of bank account in which transaction funds sit until final settlement, at which point processing fees are deducted and funds are transferred to the merchant’s. Our picks for the best free merchant accounts include Square, Chase, Stripe, PayPal, and more. The underwriting team plays a crucial role in analyzing multiple endpoints to verify the merchant’s genuineness. 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. You are incorporated in a low risk state. phone order or online. High-risk merchant account providers can be located that offer accounts with reasonable associated fees. A low-risk term will be PCI-compliant and will ensure all data it stores and uses is kept private and works in the right hands. For example, rolling reserves to counteract the risk of loss to the merchant, additional PCI considerations and regulatory demands. Ultimately, this results in downtime while they resolve the issue. Low-risk accounts usually benefit from lower prices because they demand less work from payment processors. High Risk Pay is one of the fastest growing companies in the credit card industry since 1997. High-Risk Merchant Services. You may also end up paying for a long list of services such as PIN debit network fees, payment gateway fees, monthly account fees, and more. It offers fast and easy. Low-, high-risk, & international merchant accounts; eCheck processing; Support for POS, online, & mobile transactions; Fraud protection services;. To get a high-risk merchant account, you need to go through several stages: 1. Square. Transaction fees: Often range between 1% to 3% of the transaction value. As with Square’s extremely popular services for low-risk businesses, the company fully discloses all prices for its CBD program on its website. Being Tagged as a Low Risk Merchant Account. SMB Global Overview. This makes the POS systems used absolutely critical. In simple terms, a high-risk merchant account is a payment processing account for businesses considered as ‘high-risk’ by credit card processors or banks. This is why eMerchant offers same-day approval for low-risk merchant accounts. When it comes to low risk merchant accounts, typically the reoccurring monthly fees are low or minimal, but that is not the case with a high risk credit card processing merchant account. General indicators of low-risk merchants include those that have individual credit card transactions averaging less than $500 and process $20,000 or less. A high-risk merchant account is a type of business bank account set up by a payment processor that allows merchants to accept credit and debit cards for their. You can expect to get the low-risk merchant account within a day. Applying for Your Merchant Account. 30 per transaction. Albeit new to the industry, CorePay has effectively worked with countless merchants by providing polished merchant account services that put safety, security, and efficiency. It also has a strong. Low-Risk Merchant Definition. For more information on merchant account fees, visit Genome's pricing page. net gateway, you also need a merchant account to fully process payments. With over a 95. Keep in mind; they will still need to have good credit, have been around for years, and have a monthly revenue of under $20,000, and do 80-85 percent of their. This includes the merchant, the credit card company, and the bank that issues and finances the card. High-Risk Credit Repair Merchant Account. ProMerchant: Best for High-Risk Businesses. Here are the major differences between low risk and high risk merchant accounts. Generally, high-risk business owners can expect credit card processing rates of 0. There are two main types of merchant accounts: a general purpose and a specialized merchant account. Online payment processors fall into two categories: With direct processors (a. Excessive chargebacks are a prime reason why merchants are denied payment processing services. Consequently, many applications are turned down. A high-risk merchant account is a label your payment processor has given your business. Fortunately, we offer an easier and cheaper way here to accept card payments online. Processors may charge different fees, require different reserves, may vary the terms and conditions, or have different application processes depending on the risk category. Soar Payments, by contrast, has. Low-risk merchant account. [1] Statista. Many acquiring banks in the US consider merchants looking for offshore merchant accounts as high-risk clients. A merchant account is a reliable and fast way to receive money transfers from bank cards online, and this tool allows you to expand the. 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 To lower risk, the merchant account provider may seek address verification. High-risk payment gateway Europe is a payment gateway designed to facilitate high-risk transactions for merchants and customers in the European Union. We offer custom-tailored solutions to merchants in the CBD oil industry that need a payment gateway for selling their CBD products in an online market. We offer support to companies who need an online gaming merchant account for a sustainable business. Home; Payments. High-risk merchant accounts are just as useful and beneficial as their low-risk counterparts. Because of risk levels, either real or perceived, banks, financial institutions, and credit card companies would rather avoid working with high-risk. Average Fees for a Low Risk Merchant Accounts. In the beginning stages of getting operations for your company up and running, there are many business owners who initially don’t even realize that their. As traditional merchant accounts support low- and mid-risk business operations, businesses operating in high-risk industries will. 10 per transaction (low-risk accounts) Processing rates vary by the acquiring bank/back-end processor (high-risk accounts). Only one type of currency is accepted. Low personal credit score, typically 500 or less; Outstand liens on property; Applying to a high risk merchant account provider you must be sure to have all the proper documentation ready and identify the terms and fees that will be coming from the provider. Payment processors will categorize your company as low risk when: Your company brings in less than $20,000 per month. There are several criteria to determine the risk level of a business: high transaction volume, international payment (geographic location. Fortunately, at Shark Processing, we specialize in high-risk payments and can assist you in opening a high-risk merchant account, no matter your industry. The business is in a low risk industry. They typically have: Lower transaction volumes and low sales.