High Risk Merchants

High Risk Merchant – a retailer, or any other person, firm, or corporation that (pursuant to a merchant agreement) agrees to accept credit cards, debit cards, or both, when properly presented. A high risk merchant is categorized as “high risk” by credit card processing companies based on their credit history, industry, or susceptibility to high merchant chargebacks.

Traditional banks will restrict high risk merchants from opening merchant accounts. Therefore, high risk merchants must turn merchant account processors that specialize in high risk businesses to open their high risk merchant account.

Common merchant industries that require merchant processing services include retail, restaurant, manufacturing, or hotels/motel/lodging. High risk merchant industries include insurance, debt collection, charitable associations, travel agencies, or health clubs/fitness centers.

Merchants of all risk levels in all industries should contact MerchantWorthy.com at 800-357-0001 to learn about our merchant processing services. High risk merchants interested in our high risk merchant accounts can also use our free risk merchant rate quote calculator to compare our rates with the competition!

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