High Risk

Have you been struggling to find a payment processor that can offer you a high-risk merchant account? If you’re in an industry where high chargebacks are a possibility, or other risk factors proliferate, it can be an incredibly frustrating situation, but National Processing offers cutting-edge solutions that can help.

Interested in learning more about how National Processing compares to other high-risk payment processors? Compare us today or get in touch to schedule a consultation.

The Role of Risk in Merchant Accounts/Payment Processing

All payment processing involves some degree of risk. When you swipe a customer’s credit card, there is a risk that malware or bad actors could somehow steal that information. When you make a sale, there’s a risk that the customer will return the purchase.

Risk is everywhere, but all risks are not equal and not all payment processors have the same level of risk tolerance. As risk increases, the threat to the payment process and the risk to banks and other financial institutions partnered with the processor goes up. For some organizations, that’s simply not a situation they can maintain.

Conventional payment processors may not work with clients deemed “high risk”. That’s where high-risk payment processors come in. Learn more about National Processing’s high-risk merchant accounts and why believe it’s critical for us to work with businesses just like yours.

What Does a High-Risk Credit Card Processor Do?

High-risk payment processors work with clients in industries where there is an elevated risk to the processor. For instance, if you are in an industry known for chargeback disputes, this increases the risk level. Many payment processors are unwilling to accept high-risk payments simply due to the potential cost they face.

It’s not just about chargeback disputes, though. High-risk payment services can encompass a wide range of potential threats to the payment processors, including:

  • Fraud
  • Bad credit
  • Government regulations
  • Average transaction size
  • Fulfillment timeframes
  • Accepting subscription-style payments

At National Processing, we understand that an arbitrary label of “high risk” does not necessarily indicate that your business is somehow bad or less worthy than another in a different industry. We work with clients across a wide range of industries and verticals to deliver critical solutions and provide a high-risk merchant account that enables you to do business at the speed of modern life.

When everything is said and done, a high-risk credit card processor specializes in dealing with deterrents that other card processors cannot. For instance, if your business has bad, low, or no credit, it is difficult to obtain a conventional merchant account. A high-risk merchant account is necessary.

If your business is at risk for higher-than-usual levels of fraud, conventional card processors will be wary of working with you, but a high-risk merchant account ensures that you can process credit card and debit card purchases quickly, easily, and efficiently.

Unsure whether your business qualifies as “high-risk” or not? Contact us today to schedule your free review.

How Does Risk Affect Your Merchant Services?

High-risk payment processors will work with clients that other payment processors will not. However, that assistance usually comes at an increased cost of doing business. You may see slightly higher processing fees.

In addition, you may find that the account, setup, processing, capture, or maintenance fees you pay are higher, too. Finally, you may face financial penalties for disputed transactions or non-compliance.

At National Processing, we believe in being transparent when it comes to pricing – you’ll always know precisely how much your high-risk merchant account costs and you never have to worry about hidden or additional fees being tacked on.

Get started with your merchant account today.

How Does National Processing Help You Manage Risk?

At National Processing, we work with clients across many different “high-risk” industries and verticals. How do we help you manage risk and obtain the payment gateway that you need for success?

First, we work with multiple banks. While your industry may prevent you from working with a conventional tier 1 bank, we partner with multiple financial institutions with greater risk tolerance. That ensures we’re able to act as a high-risk payment processor for many different business models, including subscription services, high-volume sales, gun/firearm-related businesses, tobacco/vape-related businesses, and more.

It’s not just about our relationship with the right banks, though. Unlike other high-risk payment processors, we believe it is our responsibility to help you mitigate the risk your business is exposed to with cutting-edge digital tools. We provide merchant services fraud tools and chargeback management integrations that help you minimize risk while maximizing the convenience to your clients or customers.

Learn more about how we help you accept credit and debit card payments. Schedule your consultation today.

No One-Size-Fits-All Solution

At National processing, we understand that there’s no single solution that will work for everyone. That’s why we take a customized approach with each client.

Part of that is getting to know your business, your client/customer base, your goals, and the challenges you face. We strive to know your business inside and out and then create a strategy that fits.

For instance, if credit is a problem, we’ll submit through banks that do not immediately deny your application. If chargebacks are the primary risk factor, we provide tools to mitigate that chance. We’re flexible and understand that no two businesses are identical.

Our high-risk payment services are adaptable and scalable to ensure you always have a solution that fits your needs.

Online and Offline High-Risk Payment Services

Unlike other high-risk payment processors, we understand that agility and flexibility are critical considerations for today’s business owners. That’s why we offer solutions designed for online sales, offline sales, and those that blur the lines. Our offerings include state-of-the-art POS systems, mobile payment processing systems, eCommerce integrations, chargeback prevention tools, table/counter-based card machines, and more.

Whether you run a drop-shipping business, a firearms/ammunition-focused business, provide credit repair and debt consolidation services, or represent a nonprofit, we deliver the high-risk payment services you need.

Get in touch today to learn more about how we support high-risk payments. Don’t let an arbitrary risk-related label affect your ability to thrive and grow.