The best merchant account service providers equip businesses with the tools they need to process payments. There are some things to consider before choosing a payment provider, including cost, leng...
What Is a Merchant Account Provider? ; Brands and retailers that aren’t equipped to let consumers pay for products with debit or credit cards risk losing business to their digitally transformed competitors. A merchant account provider is a third-party financial software company that can enable a merchant to offer these payment options to customers. The merchant account provider serves as a bridge between the consumer, the consumer’s card-issuing bank, and the merchant. They facilitate transa...
Payment processing options can be limited for high-risk businesses. Here are some of the best high-risk merchant account service providers.
£19 + VAT ; BEST OVERALL MERCHANT SERVICE ; SumUp ; Stripe ; PayPal
Stax ; Finix ; Payment Depot ; North Payments ; Payment Cloud
, Low-Risk Merchant, High-Risk Merchant ; Average monthly sales volume, Less than $20,000, Over $20,000 ; Average credit card transaction, Less than $500, Over $500 ; Different currencies accepted, One, Multiple ; Offer recurring (subscription) payments, No, Yes ; Placed on MATCH list/history of excessive chargebacks, No, Yes ; Main product offering, Low risk: books, office supplies, clothing, home goods, etc., High risk: software, digital, tickets, seasonal items, etc. ; Based in or sell to a high-risk region (anywhere outside the US, EU, CA, JPN, or AU), No, Yes
Thriving with Bad Credit - Best Merchant Account Providers You Can Rely On - bad credit.md
Top Merchant Account Providers for Your Business
See our expert and unbiased reviews of the top 10 merchant services. Compare 2024's top-ranked merchant account services for free at business.com.
It's 2024, so your business should be able to accept credit card payments, which means your business needs a merchant account that comes along with a credit card processor. Merchant account services act as a middleman between you and the credit card companies' banks allowing you to accept and process these payments. Regardless of the type of business you run and the hardware you use to get the job done, a merchant account is essential. There are several types of merchant accounts available inclu...