There are many reasons why a traditional credit card processor/bank may consider a business high risk. High average ticket, High volume start up, High Risk of Chargebacks, Low Credit Score or if you are using a fulfillment center. Many businesses are labeled high risk solely based on their industry. Different processors may approve an account for your business only shut it down a few weeks later because they did not do the proper due diligence during the application process. SimpliPay works with many high-risk merchants and understands what is needed to get your account approved and ensure your account stays open and active so you can focus on whats important to grow your business.
Here are some of the High Risk businesses we serve: