High Risk Credit Card Processing Merchant Account with Affordable Fees

If your business has been identified as a high-risk business, you may be struggling to find high risk credit card processing that is affordable.

Businesses are identified as high-risk businesses for a range of reasons, and it can make it difficult to find a processing company that will process your credit card payments because of the designation.

Why Your Business May Be Considered High Risk?

There are a few flags that will make a credit card processing company determine your business as a high-risk business including:

  • The nature of your industry
  • The nature of your clientele
  • The products that you sell
  • The services you provide
  • A higher risk of fraud
  • A higher risk of charge backs

Any of the above reasons of a combination of the above can mean getting rejected for a merchant account.

When You Are Rejected

In the event you are rejected by traditional merchant account processors there is a solution.

Traditional processors are difficult to work with, they either give you a yay or a nay, but don’t give up.

There is a way that you can open a merchant account with a trusted processor so that you can continue or start to take credit card payments for your customers.

You may have to provide a little more information to clear you to open a merchant account, but it is well worth the little bit of extra work.

Who Can You Connect With?

There is a company that specializes in merchant services to companies that have been identified as high-risk.

Blue Wave Merchant Solutions is the company to connect with when you are searching for high risk credit card processing merchant account with affordable fees.

Before you know it, you will be able to accept credit cards. Follow us on Twitter

Share Us


Recent Articles

Discover the Best High-Risk Merchant Solution

Applying is easy. Find out why we have a 95% approval rate. 

Young male florist working in flower shop

What does a small business need to know about interchange fees?

Interchange fees are an essential aspect of the payment ecosystem that small businesses need to understand. When a customer makes a purchase using a credit or debit card, these fees ensure the smooth operation of the payment network and compensate the issuing bank for the services they provide. While they may seem like an added cost for merchants, they play a vital role in enabling businesses to accept electronic payments, which are convenient for customers and help drive sales. For small businesses, it's crucial to be aware of the cost structure associated with interchange fees. By understanding the factors that influence these fees, such as card type, transaction value, and payment network, businesses can better manage their pricing strategies and account for these costs in their overall profitability calculations. Negotiation and cost comparison are key aspects when choosing a payment processor or acquiring bank. Small businesses should seek competitive pricing by exploring different options and evaluating the complete fee structure offered by various service providers. While negotiating directly with payment networks may not be feasible for small businesses, working with the right partners can help secure more favorable terms. Moreover, it's essential for small businesses to optimize their payment processing systems to reduce interchange fees. Embracing technologies like EMV chip cards and contactless payments can lead to lower fees and enhanced transaction security. By staying informed about industry changes, businesses can adapt their payment strategies accordingly and take advantage of any potential cost-saving opportunities. Ultimately, while interchange fees are an important consideration, it's equally crucial for small businesses to provide customers with seamless payment experiences. By striking the right balance between managing costs and offering convenient payment options, businesses can foster customer loyalty and drive growth in an increasingly digital economy
Beautiful business woman with white hair checks time on the watch

What is a Reserve on a Merchant Account

The purpose of a reserve on a merchant account is to provide an additional layer of financial protection for both the merchant and the payment processor or acquiring bank.
Businessman using laptop computer in office. Happy middle aged man, entrepreneur, small business

Finding The Right Payment Gateway for your Business

If you operate a business in a high-risk industry, getting a high-risk payment gateway through an expert like Blue Wave Merchant Solutions is crucial to your success. Payment gateway experts offer a range of benefits, including expertise in high-risk industries, access to multiple payment options, enhanced security and fraud protection, lower fees and rates, faster payment processing, regulatory compliance, and dedicated support. By working with a Blue Wave Merchant Solutions, you can ensure that your payment processing system is optimized for success and help your business thrive in a high-risk industry.
Serious middle aged woman using smartphone for credit card transactions

Seven Steps That Businesses Can Take To Reduce Chargebacks

Blue Wave Merchant Solutions works with businesses to implement the best practices for chargeback prevention, such as using fraud prevention measures, monitoring chargeback rates, and providing excellent customer service. The company also offers chargeback dispute management and resolution services, which can help businesses resolve chargeback disputes quickly and efficiently.
Team of business colleagues meeting while walking in a modern city to go travelling. Business travel

10 Benefits Travel Merchants Have When Using Our services

Using a high-risk payment processing service as a travel merchant can offer numerous benefits, from high approval rates to compliance and competitive rates. And with a touch of humor, these benefits can make your business and your customers smile brighter than a Hawaiian sunset. Contact Blue Wave today for more payment processing details. 866-340-3898.

Our Application Process is Quick and Easy

Find out why we have a 95% approval rate.

Your information is safe, We take your privacy seriously.