Why it is hard to get a high risk merchant payment processor

Merchant Services Q&ACategory: High Risk Merchant ProcessingWhy it is hard to get a high risk merchant payment processor
Bankim Chandra Staff asked 8 months ago
1 Answers
Bankim Chandra Staff answered 8 months ago

As stated in my previous answers there are not many high risk processing companies. Most of the site son the web are basically reseller site including this one. PSPs that work in the high risk space know that they can make big money in the space however the risk is much bigger. PSPs have to ensure that the entire ecosystem is clean and free from fraud.
If you are able to find the high risk psp then the second challenge is to get your account approved. 
Happy processing!