A high-risk merchant account is designed for businesses with elevated chargeback, fraud, or regulatory risk and allows them to process payments despite these factors.
Stripe and PayPal operate as low-risk aggregators and restrict industries with higher chargebacks, fraud rates, or regulatory exposure to protect their platforms.
Approval can take from a few days to 2–3 weeks, depending on your industry, documentation, and the provider’s underwriting process.
Common high-risk industries include iGaming, crypto, forex, adult, nutraceuticals, subscriptions, CBD, travel, and high-volume e-commerce.
Yes, many payment providers are region-specific, and approval, fees, and supported payment methods depend on your company’s country and target markets.
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