Are you a marketer, SEO expert, blogger, business owner, or an Instagram and tik tok user? Are you looking for the top high-risk merchant services to use in 2023?

We have curated the best 7 options available on the web that will make it easier for you.

These payment processing companies are highly secure and reliable, providing multiple features such as PCI-compliance tools, fraud prevention capabilities, and automated chargeback monitoring.

All of these come along with several other benefits including low transaction fees explicitly designed for startups and small businesses. Dive into this blog post to explore which service providers would be the most appropriate for your business needs!

Seun’s Top Pick

High Risk Pay

  • Social Media Scheduler
  • Gain insights into content engagement
  • Graphic design tool for unlimited post designs
  • Hashtag suggestions

What is a High-Risk Merchant Account? 

I can understand the Downside and problems you may encounter if your business has been tagged High Risk, I’m here to tell you that it does not worth it.


There are ways to outgrow them, the first is to understand and get a high-risk merchant account.

This is what I will dwell on in the blog post today. Set?

A high-risk merchant account is a payment processing service specifically designed for businesses that have a higher possibility of encountering fraudulent or high chargeback transactions.

It is simply a Merchant account for high-risk businesses, It is important for your business, by making you accept payments through traditional payment channels can lead to the immediate termination of your payment processing service, or even worse.

Hence, high-risk merchant accounts provide a secure and reliable payment processing environment by allowing you to accept payments through credit and debit cards that safeguard businesses from other financial risks.

Businesses that can be considered high-risk are mostly from high-risk industries like;

  • Gaming
  • Adult Entertainment
  • Gambling
  • Travel
  • E-commerce etc

The Benefits of Having a High-Risk Merchant Account 

Having a High-risk merchant account will definitely fetch a whole lot of benefits for your high-risk business but there can also be some disadvantages, that’s if you know. Here are some of them;

1. Fraud prevention capabilities:

High-risk merchant accounts come with advanced fraud prevention capabilities, which help to identify and reduce fraudulent activities by verifying customers’ identities, tracking their purchase patterns, and monitoring suspicious activity.

2. Automated chargeback monitoring:

One of the major benefits of having a high-risk merchant account is the ability to utilize automated chargeback monitoring.

With the ability to track and analyze transaction data in real time, merchants can proactively identify potential issues and take steps in chargeback prevention before they occur. This can help to save both time and money, while also providing peace of mind and confidence in your payment processing system.

3. PCI Compliance tools:

High-risk merchant accounts also come with a suite of PCI compliance tools to ensure that customer data is transmitted securely and kept safe at all times.

With its actual name to be Payment Control Industry, it is a set of security protocols that must be implemented by companies processing, transmitting, or storing sensitive data to protect customer information from any unauthorized access.

4. Advanced fraud protection tools:

Advanced fraud protection is another benefit of having a high-risk merchant account.

These tools come with built-in security measures that help merchants detect and prevent fraudulent transactions, ensuring that customers’ data is protected from potential misuse or theft.

Create A Free Account

Over 1 million people trust High-Risk Merchant as their business tool

My 7 Best High-Risk Merchant Services in 2023

Now, we will move to some of the best high-risk merchant services you’d love to work with. They include:

High-risk pay 

High Risk pay

High-risk pay is a payment processing company or we can also say, it’s a merchant account provider that has been in service since 1997 (That’s 26 years of experience!) to help high-risk businesses to process payments securely and quickly and also provide payment gateway solutions to high-risk merchants.

High-risk pay is mostly known for its fast account setup for high-risk merchants and gets their high-risk merchant account approved within 24 to 48 hours.

With over 23,000 approved applications done for different customers all over the world, high-risk pay work with companies and businesses that have a tough time finding good credit card processing services.

Offered Services

  • Provides your high-risk industry with Customized payment solutions
  • They have a 99% approval rate for high-risk accounts
  • Coupled with fast approval guarantee
  • They are a reliable payment processor for both low-risk merchants and high risk


High risk pay charges as low as $9.95 per month to get any of their services

Payment cloud 

Payment Cloud is another payment processor that offers merchant services to high-risk businesses. Payment Cloud specializes in providing custom-tailored solutions for online businesses, with an emphasis on fraud mitigation and risk management.

PaymentCloud also helps High-risk merchants who have bad credit or who may have had a business that did not do well. They also give high-risk merchants money to help them start businesses. They give out loans, money for equipment, and more.

Offered Services

  • High-risk merchant account setup
  • Automated billing solutions
  • Secure processing of customer data
  • Fraud prevention tools.
  • Payment gateway integration


To get information about their pricing, you can contact them at their contact:(800) 988-2215

Soar Payment

Soar Payment is a payment service provider that serves over 50 different industries, including high-risk industries like Taxes and Accounting, Travel, Fantasy sports, sports betting, and more.

Soar Payment is one of the merchant account providers that offer the most competitive rates in the market. All you need to do to apply for their services is to;

  1. Complete an online application which takes approximately 5minutes
  2. Then you get an instant quote about their pricing terms
  3. You can finally now start receiving payments

If you run a high-risk business that operates online, Soar Payments’ merchant accounts are the ideal solution for you. These accounts offer seamless integration with numerous shopping cart and payment gateway software programs.

What’s even more promising is the built-in fraud protection technology that significantly minimizes the risk of fraud and chargebacks.

Offered Services

  • Payment gateway integration
  • Secure processing of customer data
  • Fraud prevention tools.
  • Chargeback Prevention Tools


Soar Payment does not disclose its payment fees, but you can always reach out to them at


Durango Merchant Service is a payment processing company that has expertise in reducing the frustrations and pain of chargebacks and fraud holds in your considered high-risk business

With over 25 years of experience, they can take you through a path of fast and easy setup of your high-risk merchant account. With guaranteed approval of your high-risk account, you’ll be able to start processing payments with them in no time

The company offers certified payment consultants who are ready to assist you with credit card processing, whether in-person or online. They’ve also partnered with a check verification service to provide easy and fast e-check processing services with guaranteed approval and low reserves required.

Durango saves businesses payment processing fees and provides excellent customer service

Offered Services

Durango provides 24/7 support to their customers

  • Fast account setup for high-risk merchants
  • Payment gateway integration
  • With over 100 industries served, they also provide you with Fraud prevention tools.
  • They also specialize in credit card processing


Durango Merchant Services knows that each business is different, so their fees may be different. To get a price quote, fill out the form on their website. A manager will contact you within 24 hours.

Seun’s Top Pick

High Risk Pay

  • Social Media Scheduler
  • Gain insights into content engagement
  • Graphic design tool for unlimited post designs
  • Hashtag suggestions

Host merchant 

Host merchant services provide you with payment processing solutions, that is, it is a payment processing platform that offers you as a business owner the opportunity to access payment gateway services, merchant accounts, and other payment processing solutions.

Whether you are a startup or a high-risk seller, Host Merchant Services has the perfect solution for you. With their secure 24/7 fraud monitoring and risk management system, you can be sure that your business is protected against any fraudulent activity.

They also offer a wide range of services that make processing payments easy. These include e-commerce integration, online payment gateway, mobile payment gateway, and more.

In need of payment processors, Host Merchant Services also enables you to easily accept payments from customers in over 130 different countries. Want to know the shocking aspect?

Host merchant service provides a guarantee of $50 if they can’t meet your needs successfully

Offered Services

  • A comprehensive range of Payment Processing Solutions for high-risk businesses
  • eCommerce Integration
  • Mobile Payment Gateway
  • Risk Management System
  • Provides you with credit card payments in your high risk business


Host merchant services have different plans than your desire, but they have a total monthly fee of $14.99.


Instabill is a payment processor that provides payment processing services and credit card processing, Instabill has gained experience with different high risk industries like Gaming, Adult, Gambling, and much more.

Instabill has taken part in setting up the necessary infrastructure for high-risk merchants and providing them with payment processing services that are secure, reliable, and fast.

Their exclusive platform specialized for high-risk merchants offers fraud prevention tools and chargeback prevention tools that significantly reduce the risk of fraud and chargebacks.

They also work with over 160 currencies all over the world, They have made you gain clarity on how to get your high-risk merchant account on their website, let me show you

  1. You first fill out a form or call 1(800)-530-2444 (You may be required to fill out some financial statements)
  2. Then you can speak to one of their merchant account representatives
  3. Finally, you can now complete all formalities

Offered services

  • Lower rates for high-risk merchants
  • A secure platform for your business
  • Customized Account Management Solutions
  • Chargeback prevention tools


Instabill offers affordable payment processing solutions that are tailored to the needs of each merchant. The pricing structure depends on different criteria, such as the merchant’s volume, credit score, and industry type. Contact Instabill for a personalized rate quote.

SMB Global

Your business may fall in the high-risk category, but there are more solutions to getting your high-risk merchant highriskpay account.

I added SMB Global as one of my best payment processors because of their fast, simple, and secure ACH payment processing. They prioritize your security by making their business PCI DSS certified.

I bumped into one of their client’s testimonials and I was… WOW!

The person said,

I am really happy with SMB Global. They make it easy for us to do business by giving us quick approvals and not needing any extra money. They also let us do a lot of transactions, which helped our business grow bigger. I am very thankful for what they have done!

  Offered Services:

  • High-Risk Merchant Account Setup & Consulting
  • ACH Payment Processing Solutions
  • Secured Credit Card Processing
  • Credit Card & ACH Fraud Prevention Tools


You can contact them through for information about their service fees, but trust me, they have competitive pricing which allows you to find rates according to your business type

Create A Free Account

Over 1 million people trust High-Risk Merchant as their business tool

Security Measures You Should Take When Working With High-Risk Merchants 

High-risk clients always come with a higher risk of chargebacks and fraud. You should have a few measures in place to protect yourself as well as your customers. Here are some security measures you should implement when working with high-risk merchants:

1. Implement Strong Fraud Detection Systems:

Make sure you use advanced anti-fraud systems to detect suspicious activities. This will help you identify and prevent fraud before it happens.

2. Conduct Thorough Background Checks:

Be sure to conduct thorough background checks on clients that are deemed high-risk and their businesses to minimize the chances of any issues arising in the future.

3. Utilize Risk-Based Pricing Models:

Using risk-based pricing models can help you manage your exposure to fraud and chargebacks. It allows you to adjust the fees based on the perceived risk of each transaction.

4. Monitor Transactions:

Monitoring transactions is very important when it comes to high-risk merchants. Keep an eye out for suspicious activities, such as large transactions or numerous transactions from the same customer in a short period of time.

5. Set Up A Dispute Resolution Process:

Finally, be sure to set up a dispute resolution process to handle any disputes that may arise in the future. This can help you save both time and money when it comes to resolving any disputes with customers.

Consider This When choosing high-risk Merchant for Your Business

When it comes to choosing the best payment processor for your business, there are certain factors you must consider.

1. Pricing:

This is certainly one of them, When choosing high-risk merchants, higher fees and charges should be expected when dealing with high-risk merchants.

Even if most merchants didn’t disclose their fees, you can converse with their customer service to get informed and pick a pricing plan that suits your taste.

2. Reputation:

Look for payment processors that have a good reputation in the market. This can help you make sure that your transactions are secure. Checking reviews of customers that worked with them is a way of getting clarity on the payment processor you want to work with

3. Security Measures:

Be sure to check what security measures they offer as well as their fraud detection systems. This will help you protect yourself and your customers from fraud and chargebacks.

4. Service Quality:

Finally, make sure that the high-risk merchant offers excellent customer service so you can easily get help when you need it. This is important because you want to make sure that your customers have the best experience possible.

Frequently Asked Questions

What is a high-risk merchant?

A high-risk merchant is an online business that has been classified as “high risk” due to its higher-than-average transaction volume, potential for chargebacks and fraud, or compliance with certain regulations.

What services do SMB Global Payments offer?

SMB Global Payments offers a full suite of payment processing solutions to meet the needs of high-risk merchants. They can help your business accept credit and debit payments, e-checks, ACH payments, and more.

Is it safe to use high-risk merchant services?

Yes, if you choose the right payment processor that has strong security measures in place. Be sure to do your research and look for a reliable merchant services provider with experience dealing with high-risk merchants.

What types of businesses are considered high-risk?

Generally, businesses that have a higher-than-average transaction volume, a potential for chargebacks and fraud, or compliance with certain regulations are considered to be “high-risk.” This includes businesses in the travel industry, online gaming, adult entertainment, and more.

Seun’s Top Pick

High Risk Pay

  • Social Media Scheduler
  • Gain insights into content engagement
  • Graphic design tool for unlimited post designs
  • Hashtag suggestions


As a business owner, it’s important to understand the risks associated with high-risk merchant services. You must take the necessary precautions such as utilizing risk-based pricing models and monitoring transactions in order to protect your business from fraud or chargebacks.

Additionally, you should research different payment processors and look for ones that have experience dealing with high-risk merchants so that you can get the best possible service quality and security measures available.

Make sure to set up a dispute resolution process so that any future disputes are handled quickly and efficiently. With these tips in mind, I’m confident you’ll be able to find an ideal payment processor for your business!

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *