"High Risk Accounts"

High Risk Businesses have had a hard time in the past finding a US bank or Independent Service Provider that offers a merchant credit card processing accounts. Usually, a high risk merchant has to find a bank outside the US to accept their type of business, large processing volumes, products or services or location of the business.
Examples of high risk business types are: Businesses or Owners that have tax liens or a bankruptcy on their credit report, a business outside the US, time shares, gambling or gaming, online pharmacy, credit repair and counseling, adult, collection agencies, bail bonds, multi-level marketing, outbound and inbound telemarketing and etc.
With some banks if a business is wanting to process several hundred thousand dollars or more a month then that merchant was placed in the high risk merchant category because of the risk if chargebacks became an issue. There are many other reasons why a merchant is placed into a high risk category.
An offshore merchant account are not subject to the same regulations and restrictions as U.S. banks. One of the biggest differences is that the offshore banks are willing and allowed to accept larger chargebacks from any account they own.
Well, this is the type of account that we have recommended through World Bridge Financial. They are a typical high risk merchant account provider with all the traits we have been discussing. As you will notice below, their rates are also very low compared to any other high risk provider we have dealt with over the years.
Lately however, we have found a really good solution for the high risk merchant. Ezybonds Global is not a high risk merchant account provider or service but makes the whole thing very simple by saying that they will accept anyone. This is not just an account to accept credit cards. You can pay employees any where in the world, transfer funds from one checking account to another checking or saving account and actually for just pennies a transaction. The only merchants they cannot approve is if that business is illegal in the country where the merchant lives. They also will not approve adult. Look at the specifics below and notice the great rates this merchant service provider offers for high risk merchants.
|
Ezy Bond |
World Bridge
Financial |
 |
| Discount
%: |
3.50% |
| Transaction Fee: |
$1.00 |
Monthly Maintenance |
$0.00 |
| Processing Limit |
unlimited |
| Setup Costs: |
$995 |
- No Chargebacks or
Chargeback fees
- Funds Transfer in less than
1 minute
- Internet access to credit
card reports.
- Credit card fraud not
possible
- Transfer Funds in and out
of checking accounts also
- 13 Currencies
- Internet Processing
- Pay employees world
wide
- Bad Credit, Tax Liens,
non-US - does not matter. Everyone is
approved.
- If a business is illegal in
your country we cannot supply an
account.
| |
| Discount
%: |
6% -
8% |
| Transaction Fee: |
$1.00 |
Monthly Maintenance |
$100.00 |
| Processing
Limit |
unlimited |
| Setup Costs: |
$995 |
- Retrieval fee $90
- Chargeback Fee $150
- Rates determined by type of
business and amount of monthly volume.
- Internet access to credit
card reports.
- 2 years financials
- 2 years checking account
statements
- Approval in 1
Week
- Any Legal
Business
- Process through
Internet
- Most
Currencies
| |
|
|
|