Need Help finding Reliable High-Risk Merchant account
- Thread starter Oxymorax
- Start date
You can try to inquire with a company the UK called Kayswallet. They help will all digital inquiries. They assisted my business with merchant account and international corporate account. Most of the people who had issues with PayPal, or payment processors/gateway and high risk accounts, found their solutions there.
Rough Driver
Newbie
- Mar 1, 2012
- 34
- 6
Hi
I am looking for a high risk merchant account too, I am UK based. This is for a 100% legit business but using a subscription/CPA business model. I checked out Kayswallet and their website is not even up and running, but you said they are operational and helped you?
Could you tell me the situation or PM me ??
I am looking for a high risk merchant account too, I am UK based. This is for a 100% legit business but using a subscription/CPA business model. I checked out Kayswallet and their website is not even up and running, but you said they are operational and helped you?
Could you tell me the situation or PM me ??
Last edited:
PaymentMaven
Newbie
- Feb 25, 2011
- 29
- 2
If you are still looking for merchant account for high risk, send me PM. I have been arranging merchant accounts since 2006.
Cheers,
Paul
Cheers,
Paul
I'm looking for one too. PM me details.
candymanhtx
Registered Member
- Jan 17, 2016
- 54
- 7
I am looking for one as well if anyone has info pm me. selling online drinks 10-20k per month volume
JasonVerotel
Newbie
- Nov 5, 2015
- 12
- 2
We do high-risk, but only adult content. If you guys need a high risk account, drop me an email and I can put you in touch with someone who may be able to assist you. jason (at) verotel . com
candymanhtx
Registered Member
- Jan 17, 2016
- 54
- 7
I have to vouch for braintree i will go back to them soon.
If anybody has a processor for kratom. I'm established and doing high volume. Looking for domestic. PM me! I have under 15 posts so I can't PM you. Or just list the company here, I don't need a PM.
security
Junior Member
- Sep 6, 2011
- 151
- 58
I wanted to post an update to the last comment i made on this thread. To anyone who might be watching and knows they can help if it was worth it for them, its DEF worth it for you NOW..!
Since my last post business has grown dramatically. We now have over 6500 registered users. Our longest lasting processor has been PayPal of which we are now putting around $23,000 a month through them. Through the months we have had other merchants go up and down. Some went down due to my credit history and others due to them finding out my business is related to bitcoin (but really it isn't). In most instances our funds were held for 90 days then released. No charge backs have ever been deducted from our held balances. We have records backing everything up.
A few more facts:
For anyone willing to take on our transactions, our offer is 10% and that would include what you have to pay for processing. So for example, if you paid 2.5% for processing we could pay you 10%. You would pay the 2.5% out of your cut.
We would also cover all/any charge backs out of our cut. We would even be open to leaving a reserve in another bank account that would be based on our average charge back ratio (roughly 0.005%).
I can totally appreciate how a deal like this could be risky, but almost a year into this i think gives us the credibility we lacked 7/8 months ago.. Anyone seriously interested do not hesitate to message me.
Since my last post business has grown dramatically. We now have over 6500 registered users. Our longest lasting processor has been PayPal of which we are now putting around $23,000 a month through them. Through the months we have had other merchants go up and down. Some went down due to my credit history and others due to them finding out my business is related to bitcoin (but really it isn't). In most instances our funds were held for 90 days then released. No charge backs have ever been deducted from our held balances. We have records backing everything up.
A few more facts:
- Our average ticket is around $25.00 (minimum purchase is $10.00 max $100.00)
- We do from 45 to 70 transactions a day
- Charge back % is around 0.005
- We have been offering 100% refunds on anyone who is not happy with our service.
- With paypal we process a consistent 1,000 to 1,700 a day. When we add a new merchant our sales almost double in the first two weeks.
For anyone willing to take on our transactions, our offer is 10% and that would include what you have to pay for processing. So for example, if you paid 2.5% for processing we could pay you 10%. You would pay the 2.5% out of your cut.
We would also cover all/any charge backs out of our cut. We would even be open to leaving a reserve in another bank account that would be based on our average charge back ratio (roughly 0.005%).
I can totally appreciate how a deal like this could be risky, but almost a year into this i think gives us the credibility we lacked 7/8 months ago.. Anyone seriously interested do not hesitate to message me.
Call me tomorrow morning. I am a kratom distributor. Import by the mton. I have domestic plugs for high risk CCP. I was actually talking to a chick today who I believe said she can do 9.0% domestic.
email me [email protected]
972-741-7413..if u don't reach me call 1-800-747-1861 and leave a message. I'll get back to u.
RuthSam
BANNED
- Mar 19, 2010
- 3,804
- 1,014
Verotel is a great company for Adult business and can be trusted I have known them since 2001, I just wanted to mention them because I saw a rep. from this company commenting above.
General speaking, if a business can't get approved by the regular Merchant Account providers i.e. WorldPay, WireCard, Stripe and what else they are then it's most often because of the nature of the business and most often because the CB ratio is too high or the ticket price too small.
So if you got in this situation and you post on a public forum for help and you get replies as I have seen here you rally need to be careful and check every processor as much as you can, for reviews on Google, domain history, where they are located, are they AIS certified are they using some cheap template is thei About page and contact page looking fake what about the pictures are they real or from iStock or Shutterstock! There is much you can do at your own to avoid to loose months of earnings at the end of the day.
General speaking, if a business can't get approved by the regular Merchant Account providers i.e. WorldPay, WireCard, Stripe and what else they are then it's most often because of the nature of the business and most often because the CB ratio is too high or the ticket price too small.
So if you got in this situation and you post on a public forum for help and you get replies as I have seen here you rally need to be careful and check every processor as much as you can, for reviews on Google, domain history, where they are located, are they AIS certified are they using some cheap template is thei About page and contact page looking fake what about the pictures are they real or from iStock or Shutterstock! There is much you can do at your own to avoid to loose months of earnings at the end of the day.
security
Junior Member
- Sep 6, 2011
- 151
- 58
Joetank, I will def give you a call shortly.. I also own a computer/ smart phone repair shop and we just expanded next door. We are also adding a lounge. I would like to sell all types of side things also and kratom was on the top of my list.
Ruth, i actually just reached out to Verotel, i am going to see if they can help me. I know if one merchant just gave me a half of a chance i would show remarkable returns. I got to say tho, i use to be a big PayPal hater.. But left with no options they are all i had. This month we are about to top 30k... I am truly am in disbelief. I never thought i would ever say this, but, i LOVE PayPal!! lol
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RuthSam
BANNED
- Mar 19, 2010
- 3,804
- 1,014
Cool suggestion for a company that is almost only 2 years old and already accepting high risk business I would really wait to see how long they stay in business. It is Switzerland they are located in and for sure they will not allow all kind of high risk business and don't even Adult, Tobacco, Pharma and stuff like that.. if they process it then because they mix the transactions.
However, use them on your own risk and with care.. the first 3 years of a payment company are critical and even more when they start accepting high risk business!
However, use them on your own risk and with care.. the first 3 years of a payment company are critical and even more when they start accepting high risk business!