High Risk Merchant Accounts

Fast Approval & Lowest Fees. All Accepted!

Switch NOW and Save

Experience. Know How. Fast Approval. Lowest Rates.

First Card Payments offers high risk merchant accounts for businesses and for business owners who would otherwise struggle to find support from the established banking industry. We take a chance on businesses who need help reaching their customers.

First Card Payments has the experience, know-how, and relationships to get you approved fast at the lowest rates and fees.

First Card Payments Promise to you!

Have you been labeled as a high risk business? The high risk industry is a small world. It’s best to know what bank to apply to for your specific situation.

The way we see it, we’re playing on the same team! Having our client processing at the lowest rates possible for years to come is a win-win, and we will be there with you, side by side, through thick and thin.

We have built a reputation by being the best at what we do, so you can focus on being the best at what you do. Our 20 years’ experience and relationships with over 30 different Banks and ISOs makes us one of the best in the business. Some of these relationships are personal, directly with the Owners, Presidents, and CEOs of these companies. This can only be a big advantage for approvals that may need special considerations.

Our relationships and experience allow us to stay 2 steps ahead of underwriting regulations, so that our clients experience little to no interruption in services.

We work with our clients to ensure that your business is always compliant. The more our clients succeed, the more First Card Payments succeeds. This is First Card Payments promise to you!

As Seen On

3 Eye Witness News
Seeking Alpha
Morning Star

High Risk Merchant Industries

Here at First Card Payments We :

  • work with all banks and ISOs
  • know all bank and ISOs guidelines
  • keep your accounts active and help prevent mishaps

First Card Payments directs our clients towards the best avenues and strategies for approvals with the very best banks and ISOs for their industry. Allowing for the best rates, terms, and account longevity.


Domestic and Offshore Solutions


Chargeback Mitigation


Full Integration


Business Funding

Merchant Account News & Tips

December 31, 2021
gavel on book about nutraceutical business laws in Texas

Laws for Nutraceutical Companies in Texas

Texas Rules & Regulations for the Nutraceuticals Industry The pandemic has made many Americans realize the importance of investing in health, resulting in the nutraceuticals and […]
December 23, 2021
PCI non-compliance fees, coins, and a calculator

How to Avoid PCI Non-Compliance Fees

It’s become incredibly important for businesses to start accepting credit card payments online to keep in step with the competition. But such capability also comes with […]
December 17, 2021

Top Reasons Why Your California Business Needs a High-Risk Merchant Account

When you’re building a business in California, you need to be smart about every move you make. Since the competition is tough and the market is […]


First Card Payments Has A Solution For Every Business!

Why Do I Need A High Risk Merchant Account?

A high risk merchant account refers to businesses that pose a greater risk of chargebacks. If you have a home-based business or doing online business, processes online payment transactions, then your business will likely be identified as a high risk merchant account.

Banks consider some businesses to be high risk merchant accounts due to different reasons including the nature and location of your business. If your business shows history of chargebacks or disputes or prone to chargeback, then you will have to go through the crucial process just to receive merchant services.

Not only that once considered a high risk merchant account, but you will also be required to pay higher fees for merchant services and will only be allowed to a certain number of transactions to make sure you have enough cash reserves.

Or in worse cases, banks will refuse to work with you. All these can impact your business negatively, so it is best to find a high risk merchant processor to help you set up a high risk merchant account.

Why Do You Need A High Risk Merchant Account?

Setting up a high risk merchant account is vital for your business operation. This may entail high fees and some drawbacks, but you will be surprised that high risk merchant account also has countless benefits:

  • Global coverage. This means you can expand your business globally as you are now capable of accepting payment in different currencies. Greater market coverage means more potential sales and profit.
  • Business growth. With a high merchant account, you can now sell your products or services globally. Bigger market share allows your business to grow.
  • Being able to sell your products or services across different countries means more money.
  • When a chargeback happens, your provider will activate protection to prevent fraudulent activities.
  • More payment options. Wider payment options allow your customers to choose a convenient way of payment making them very likely to purchase items or use your services.

How to Apply for In A High Risk Merchant Account?

Applying for a high risk merchant account is easy and free. Simply fill out an application form along with the needed documents about your business or company.

Below are the additional supporting documents that you need to submit:

  • Identification
  • Bank statements
  • Proof of business
  • Proof of bank account

Additional documents may be requested by underwriters but is still dependent on the type of business or based on your specific business.

What to Look For In High Risk Merchant Account Processor?

With so many high risk account processors offering their services, choosing the right one can be daunting. But to make the process a little convenient, always consider the following before making a decision:

  • Support
  • Expertise
  • Pricing
  • Security indicators
  • Technology
  • Supported business models

While being identified as a high risk merchant is hard and can greatly affect your business, it is something that can be changed. Do something about it by finding a high risk merchant account provider that offers fair pricing and excellent support to guarantee your issues will be addressed promptly.

When you have been completely turned down with your high risk merchant account application, move on and look for an experienced processor that will assist you in successfully setting up your account.