High Risk

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Processors label all types of merchants “high risk”. If your merchant account has been terminated or rejected, we can help you get it reinstated with a new processor. Our diverse network of processors allows us to find the BEST solution for you and your business. Not only do we work for fast approval for all our merchants, but we also provide you a concierge manager that will work with you. Our goal is to help you restore or achieve a trustworthy merchant processing relationship.                                  

Is a low credit score making it difficult for your business to obtain a credit card processing merchant account? Our rates are competitive regardless of the method of payment. We provide solutions for card machines, mobile pay options, ecommerce gateways, telephone or mail order. 

Industries such as annual memberships, bail bonds, online electronics, gaming, mlms, debt services, fortune telling, firearms, and MORE, you may have trouble placing your merchant account. This “high risk” merchant status is applied despite your customer history or long standing reputation. A few of our solutions include cryptocurrency processing, high speed ACH & Echeck processing or offshore or shared hosting accounts. However, whenever possible we aim to get your hard-to-place account approved for operation within the U.S. 

The 21st century and the expansion of the web have allowed global potential for businesses looking to expand their services. Durango Merchant Services specializes in helping high risk merchants around the globe open multi-currency merchant accounts that permit varying currencies. Our one-on-one consultations allow us to review all aspects of the application process and ensure the best chance of approval.                             

Our years of networking and our experience with a diverse portfolio of merchants means we help mitigate the higher rates many processors attempt to place on high risk merchant accounts. We can help you find lower rates and also make sure the appropriate risk management tactics are put in place to ensure your low rates stay low. If your processor requires a cash reserve, we help to analyze how much money you need in reserve and develop a plan to reduce that reserve to zero over time. 

You may have heard of aggregate payment providers. These don’t require you to apply for your own account. Essentially, these companies aggregate the credit transactions of hundreds of individual, unrelated businesses and process them all through their own merchant account.

As you can see, aggregate payment providers can be convenient. However, if any irregularities arise, these providers often just cut their losses and terminate your account. This is because they would rather be rid of your business than try to work with you to figure out what’s going on.

Applying for your own direct merchant account ensures that you will not experience unexpected processing interruptions due to a lack of proper underwriting.

Payment processors take on a certain amount of risk with every transaction they process. For this reason, processors want to protect themselves as much as possible in order to minimize their losses to bad transactions. As part of this effort to insulate themselves from risk, they classify certain businesses as “high risk.” A high risk business is more likely to have a higher number of chargebacks, fraudulent transactions, or other problems. These problems create a huge financial liability to the processing company.

•  An individual’s financial history
• The business’s financial history
• The type of industry a business is in
• The reputation of a similar business
• The products or services a business offers