The definitive guide to the complexities of high risk payment processing with confidence using our robust, secure payment processing services. Discover high risk merchant account solutions with the support and technology you need to thrive in a challenging marketplace.
TL;DR
Learn what a High Risk Merchant Account is, who needs one, how high risk payment processing works, and how Bankcard International Group helps businesses in challenging industries access reliable, secure, and long-term merchant solutions. This page is your go to resource for understanding fees, risk management, underwriting, and choosing the right partner for high risk payment processing.
Bankcard International Group (BIG) makes getting approved for a “high risk” merchant accounts easy. BIG’s team of certified payment professionals has been working with high risk and hard to place merchants in need of merchant services for decades. We put our focus on the future success of your business. Simply put we are the gold standard in high risk payment processing.
If you are seeking a dependable, transparent, and legitimate solution to accept credit cards, that is what we do. We provide high risk merchant accounts with stable solutions, best-in-class service, with the fair rates you deserve. Our direct high risk merchant services combined with an additional network of acquiring banks allows us to help any legal merchant type. Our team of certified advisors takes a consultative approach to find the absolute best solution for your business. We also offer a full suite of industry leading tools for fraud prevention, chargeback management, and payment management.
This page serves as your definitive guide to high risk payment processing. It’s the foundation for all our supporting content—whether you’re exploring chargeback mitigation, rolling reserves, or industry-specific merchant account options. Everything branches from here.
A High Risk Merchant Account is a specialized payment processing solution for businesses that traditional providers label as “risky.” These businesses often face higher chargeback rates, regulatory scrutiny, or complex business models—factors that can result in declined applications, frozen funds, or terminated accounts from mainstream processors like Stripe, Square, PayPal, or just about any national bank brand.
At Bankcard International Group, we make it possible for high-risk businesses to operate confidently by providing secure, scalable, and compliant high risk payment processing solutions built for longevity.
Businesses in certain industries such as CBD, supplements, cannabis, gaming, travel, adult services, subscription services, nutraceuticals, or forex trading are often labeled “high risk.” Some processors even consider ecommerce merchants high risk! This is due to factors such as higher chargeback rates, stricter regulatory oversight, or international sales. Traditional payment processors tend to refuse these merchants, making a specialized high risk merchant account crucial.
You may need a high risk merchant account if your business falls into one of these categories:
Firearms merchants often get flagged due to regulatory complexities. At BIG, we specialize in helping FFL dealers, online ammo retailers, and tactical gear providers secure reliable high risk merchant accounts with banking partners who understand your industry—not penalize it. Fast approvals, no judgment, and full 2A support.
Selling CBD or hemp-derived products? You’re likely categorized as high risk—even if your products are federally legal. We work with acquiring banks that understand the nuances of cannabinoids and offer stable, compliant CBD payment processing without the threat of account shutdowns.
High risk payment processing for warranty and service contract businesses: Extended warranty and service contract providers often face high chargeback ratios and regulatory scrutiny, putting them in the “high risk” category with most processors. At BIG, we offer high risk merchant account solutions that help warranty businesses accept payments securely without disruptions.
eCommerce is often flagged as high risk. From digital product subscriptions to drop shipping, eCommerce merchants face increased chargeback exposure, fraud risk, and product disputes, red flags for traditional processors. That’s where BIG steps in. We specialize in building resilient, scalable eCommerce merchant accounts designed to reduce fraud, optimize checkout flow, and keep your payments uninterrupted.
Stable cannabis payment processing starts with the right high risk merchant account. Whether you’re a dispensary, delivery service, or a CBD/hemp product retailer, our team understands the nuances of cannabis payments. We help you access stable and transparent high risk merchant account solutions real support.
Why nutraceuticals need high risk payment processing. Selling supplements, vitamins, and wellness products? You’re likely classified as high risk, even if your business is legitimate and compliant. Chargebacks, recurring billing models, and product efficacy disputes often flag these businesses. Our high risk merchant account solutions are built to help nutraceutical brands maintain stable processing, reduce reserve requirements, and protect margins.
Chargeback & Fraud Protection: Advanced detection tools using AI and machine learning help reduce disputes and minimize fraud. High risk merchant account pricing typically includes:
Getting approved for a high-risk merchant account begins with choosing a payment processor that specializes in supporting industries labeled as high-risk. Traditional providers often lack the infrastructure or risk tolerance needed to work with these types of businesses. At Bankcard International Group, we understand the complexities of your industry and work directly with underwriters who are familiar with the challenges your business may face. Whether you’re in cannabis, firearms, tech support, nutraceuticals, or other regulated sectors, we help position your business for approval by proactively addressing underwriting concerns.
To streamline the process and get you approved quickly, you’ll need to submit the following documentation:
☐ Completed and Executed Merchant Pre-Application
☐ Bank Statements (3–6 months)
☐ Imprinted Voided Check or Bank Letter
☐ Three most recent processing statements (including chargeback and return activity)
☐ Articles of Incorporation/Organization or DBA filing (for sole proprietorships)
☐ Driver’s license of each Beneficial Owner with 25% or more equity interest and Authorized Signer (copy of front and back)
Once we receive and review your application and documents, our team works closely with acquiring banks to advocate for your approval and secure a solution that aligns with your operational needs and risk profile.
Operating in high-risk industries presents several challenges for businesses and payment processors alike. While these sectors have potential for profit, they are also prone to unique obstacles that make payment processing a more complex and expensive endeavor. Here are some of the most common challenges:
Payment processors typically charge higher fees and impose stricter terms for businesses in high-risk industries. These additional fees are designed to offset the risk of chargebacks, fraud, and legal issues. Payment terms might include long-term contracts, rolling reserves, and higher transaction fees, which can be challenging for businesses that are already operating in a challenging environment. These higher costs can impact profitability, especially for small or medium-sized businesses.
Many mainstream payment processors avoid high-risk businesses due to the complexities and risks involved. As a result, these businesses often have limited access to payment gateways, which reduces their options for reliable payment solutions. This limitation can also leave high-risk merchants with less bargaining power when negotiating terms or fees with payment processors, potentially leading to less favorable conditions.
One of the most significant challenges faced by high-risk industries is the complex and ever-changing regulatory landscape. Navigating these regulations can be burdensome, especially for businesses that operate across multiple jurisdictions. Non-compliance with industry regulations can result in heavy fines, penalties, or even the loss of payment processing capabilities. The cost of staying compliant can be high, and failure to do so can have long-term financial and reputational consequences.
High-risk industries are more susceptible to fraud and chargebacks. Fraudulent transactions can result in significant financial losses, while chargebacks can negatively impact a business’s relationship with its payment processor. In some cases, high chargeback ratios can lead to increased fees, account terminations, or a loss of payment processing services altogether. Dealing with these risks requires businesses to invest in robust fraud prevention systems, which can add to operational costs.
Due to the elevated risks associated with high-risk industries, many payment processors and banks refuse to work with businesses in these sectors, leading to financial exclusion. This exclusion means that businesses may struggle to secure the necessary payment processing services, leaving them with fewer options to conduct transactions. This can severely limit the business’s ability to operate smoothly, affecting both customer experience and profitability.
When evaluating providers, consider:
Factor | What to Look For |
Fees & Contracts | Transparent structure, negotiable interchange-plus markup, reasonable chargeback charges, and minimal hidden costs |
Integration & Flexibility | Support for online, in-person, recurring billing, robust API or e‑commerce platform integrations |
Security & Compliance | Fraud Monitoring and Prevention tools included, PCI-DSS compliance, AVS/CVV tools, regular monitoring, and reporting dashboards |
Reputation & Reviews | Stable providers, strong support, positive merchant feedback, low account closure rates |
Approval Timeline | Speedy onboarding is great but making sure it is done properly is better. Allocate ample time to get your account approved. |
Despite the challenges, specialized merchant accounts offer several significant advantages for businesses in high-risk industries. These accounts are designed to cater to the unique needs of high-risk merchants, providing a tailored solution that allows them to accept payments securely and efficiently. Here are some of the key benefits:
Specialized merchant accounts provide high-risk businesses with the ability to accept credit and debit card payments, opening up more opportunities for sales. Without access to a reliable payment processing system, many high-risk businesses would be limited to cash-only transactions, which can negatively impact customer experience and profitability. These accounts help ensure that businesses can continue to thrive by offering a range of payment options to their customers.
Specialized merchant accounts often come with enhanced fraud protection measures to safeguard businesses against fraudulent transactions. These accounts typically include advanced fraud detection tools, such as Address Verification Services (AVS), 3D Secure, and real-time transaction monitoring. These protections reduce the likelihood of chargebacks and fraud, providing businesses with a safer and more secure payment environment.
For high-risk industries that experience fluctuating or high transaction volumes, specialized merchant accounts offer more flexibility when it comes to volume restrictions. Payment processors working with high-risk industries are often more willing to accommodate higher sales volumes or irregular transaction patterns, which is particularly beneficial for businesses with seasonal peaks or rapidly growing sales figures.
Specialized merchant accounts support businesses that operate internationally, allowing them to process payments in multiple currencies. This is essential for businesses that sell to customers across borders, such as e-commerce retailers or travel agencies. The ability to accept payments from global customers expands the market reach and customer base of high-risk businesses, increasing revenue potential.
These accounts allow businesses to implement tailored fraud prevention and chargeback mitigation strategies that address their specific needs. For example, merchants can customize their fraud detection rules or set up automated systems to flag suspicious transactions. Having control over risk management allows businesses to minimize exposure to fraud and chargebacks while ensuring smooth payment processing operations.
Chargebacks and fraud are significant concerns for high-risk businesses, but with the right strategies in place, these risks can be mitigated. Here’s how businesses can protect themselves from chargebacks and fraudulent activity:
Fraud prevention tools are essential for identifying and stopping fraudulent transactions before they occur. High-risk merchants should implement systems that monitor transactions for suspicious activity, such as unusual spending patterns or mismatched shipping and billing information. Advanced fraud detection tools, like machine learning-based systems, can help detect patterns of fraudulent behavior in real-time.
Clear and transparent refund policies are a critical part of reducing chargebacks. When customers are aware of the process for requesting a refund, they are less likely to dispute a charge through their bank or credit card issuer. Businesses should ensure that their refund policies are easily accessible on their website and that customers understand the process before making a purchase.
Address Verification Service (AVS) is an essential tool for fraud prevention. It checks the billing address provided by the customer against the one on file with the issuing bank. If the addresses don’t match, the transaction can be flagged or blocked. This simple yet effective tool can help reduce the risk of fraudulent transactions.
Card Verification Value (CVV) checks are another essential fraud prevention method. The CVV code is a three- or four-digit number on the back of most credit cards, and verifying this code during online transactions helps ensure that the customer is in possession of the physical card. Requiring CVV checks reduces the likelihood of unauthorized transactions.
Having a responsive customer service team is critical for resolving disputes before they escalate into chargebacks. If a customer is dissatisfied with a product or service, addressing their concerns promptly can prevent them from filing a chargeback. By offering fast, helpful support, businesses can maintain positive relationships with their customers and reduce the chances of disputes turning into chargebacks.
By understanding these challenges and implementing effective strategies, businesses in high-risk industries can navigate the complexities of payment processing more effectively and reduce their exposure to chargebacks and fraud.
We’re not just another processor—we’re your high-risk ally. Here’s what makes us different:
Two decades of high-risk specialization
Direct bank relationships with proven underwriting support
Fast approvals, even in industries banks avoid
U.S. based customer support that picks up the phone
No hidden fees, no bait-and-switch tactics
We help you stay live, stay compliant, and stay profitable.
Your business deserves more than a generic payment solution. If you’ve been turned down, held back, or left in the dark—Bankcard International Group is here to change that.
Schedule a free consultation and let’s build a payment solution tailored to your business.
Bankcard International Group is dedicated to empowering high-risk businesses with payment processing solutions that are secure, compliant, and tailored to the unique challenges of high-risk industries. Our goal is to facilitate smooth transactions, enhance customer trust, and support the growth of your high-risk business.
Bankcard International Group
300 West 15th Street, Suite 310 Vancouver, WA 98660
1-800-895-1580
