HIGH RISK CREDIT CARD PROCESSING FOR ALL INDUSTRIES

What Is High Risk Credit Card Processing?

High risk credit card processing is payment processing for businesses that mainstream banks and processors consider risky to underwrite. That usually means a higher chance of chargebacks, fraud or regulatory scrutiny, either because of the industry you are in or because of your processing and credit history. Many of these businesses are perfectly legitimate and profitable. They just need a processor with the banking relationships to place them.

That is what Aacadia Payments does. We work with 47 banks in the US and the UK, and we match each merchant with a bank that specializes in their industry. If your business is legal, we can get it approved. Our approval rate is 99.8%.

What Makes a Business "High Risk"?

Processors look at several factors, and you only need one of them to be flagged as high risk:

• Your industry. Verticals like firearms, nutraceuticals, online dating, travel, CBD, gentlemen's clubs, medical weight loss franchises and subscription services are high risk by default.
• Recurring billing or free trials. Subscription and continuity billing models tend to generate more chargebacks.
• High-ticket sales. Large average transactions increase a processor's exposure.
• Chargeback history. High chargeback ratios, or a past account termination, follow you to the next processor.
• Credit and financial history. A low credit score, limited processing history or a past bankruptcy can push an otherwise ordinary business into the high-risk category.

High Risk Credit Card Processing Rates and Fees

Typical pricing is 2.99% + $0.12 per transaction. RUO peptide accounts are priced separately.

Your final rate depends on your industry, monthly volume, average ticket size and processing history. We will walk you through the full proposal, rate quote included, before you sign anything. Ask us about our compliant surcharging program, which can offset your processing costs entirely.

Rolling Reserves

A rolling reserve is a percentage of your sales that the bank holds for a set period as protection against chargebacks. We try to negotiate no reserve on every account we place. Whether a bank ultimately requires one depends on your financial situation, credit score and industry. If a reserve is needed, we will tell you upfront and work to keep it as low as possible.

How Fast Can I Get Approved?

Approval typically takes about 48 hours from the time we receive your complete application package. Here is how the process works:

1. Apply. Complete our quick online application.
2. Send your documents. See the list below.
3. Review your proposal. Go over your rate quote and terms, then sign when you are ready.
4. Underwriting. Your package goes to the bank we have matched you with.
5. Start processing. Once you are approved, you can begin accepting payments.

Documents You Will Need

• Government-issued ID for every owner with 25% or more of the business
• A voided check or bank letter
• Your 3 most recent months of credit card processing statements (if you have processed before)
• Your 3 most recent months of business bank statements (or personal statements for a new business)

On the MATCH List? We Can Help

The MATCH list (Mastercard's Member Alert to Control High-risk Merchants) is a database of businesses and owners whose merchant accounts were terminated for certain reasons. Being listed makes it extremely hard to get approved anywhere. Aacadia Payments can help merchants get removed from the MATCH list. Removal cases typically involve an upfront fee that covers the attorneys who handle your case, and we will explain everything before you commit.

High Risk Credit Card Processing FAQs

Can any business get approved?

If your business is legal, we can get it approved. We match you with a bank that specializes in your industry, which is why our approval rate is 99.8%.

What are typical rates for high risk credit card processing?

Typical pricing is 2.99% + $0.12 per transaction, with RUO peptide accounts priced separately. Your exact rate depends on your industry, volume and processing history.

Will I have to keep a reserve?

We try to negotiate no reserve on every account. A bank may require one based on your financial situation, credit score and industry, and we will tell you before you sign.

How long does approval take?

Typically about 48 hours once we have your complete application package.

I am on the MATCH list. Can you still help?

Yes. We help merchants get removed from the MATCH list, and we can place your account once that is done.

Do you work with sales agents and ISOs?

Yes. Independent sales agents and ISOs can earn residual income by referring merchants through our agent and ISO partner program.

I was declined by another processor. Can I still apply?

Yes. Past declines are not a problem. Call us at 512-265-1849, email Info@aacadiapayments.com, or start your application online.

We Can Get You Approved!