Florida has one of the most bustling economies in the country today, but that also means that risks are higher for businesses in the state. If you’re one of those entrepreneurs who are looking to offer a more convenient payment method to customers, we rounded up five of the best high-risk merchant account providers in Florida.
Florida Merchant Account Providers for High-Risk Businesses
First Card Payments
Credibility is your biggest advantage when working with First Card Payments. After all, this payment processing company has more than 20 years of experience during which it was able to build strong relationships with more than 30 banks and ISOs around Florida.
These relationships have given First Card Payments an edge in offering the best merchant accounts for high-risk businesses. The company has helped many high-risk companies get their own merchant accounts through its knowledge and expertise in the industry along with its commitment to offering the best service to clients.
CyoGate
As one of the most popular merchant providers in Florida today, CyoGate offers a wide range of credit card processing services that allow businesses to accept credit card payments over the phone, at a physical store, or online. Aside from its top-notch high-risk merchant accounts, the company also specializes in secure payment gateway services and chargeback prevention.
MerchACT
Being in the business for more than 15 years, MerchACT has helped hundreds of high-risk merchants in Florida from different industries obtain their own payment processing accounts.
The company offers a wide range of solutions for both low- and high-risk merchants across the state including lower fees, cost-effective e-commerce services, recurring billing options, and a reliable payment gateway to ensure faster and more efficient transactions while reducing the risks for chargebacks.
PayKings
PayKings has been a trusted high-risk merchant account provider in Florida for many years and it has built a strong list of satisfied businesses over time. The company caters to high-risk merchants in the vape, pawnshop, CBD, adult entertainment, e-commerce, and credit repair industries along with other businesses that require a reliable payment processing partner. It’s also one of the easiest ways to accept money on a WordPress website.
Host Merchant Services
Host Merchant Services that cater to businesses around the country and not just in Florida. The company takes pride in not only having the best service, but also in its completely transparent solutions where you don’t have to be bound by any contracts, hidden fees, and other surprise charges.
Aside from payment processing, Host Merchant Services also offers EMV credit card machines, bonsai point of sale as well as gift and loyalty cards.
Find the Right Merchant Account Provider for Your Business in Florida
The best high-risk merchant providers will definitely help you offer more convenience to your customers, increase your revenue, and build strong relationships with loyal clients so that you can easily grow your business.
Finding the right merchant provider will depend on your needs and budget, so make sure to review and compare before making your final decision. At the end of the day, there’s always that perfect fit for your business.
Contact us today to learn more about the merchant services we offer.
Joyce Hope is a writer who specializes in merchant accounts. She has worked for First Card Payments since 2017.