With a CBD payment processor that fits your. Additionally, high risk merchant accounts are created for businesses that deal in vulnerable goods and services such as gambling while low risk. As is typical of the high, medium, and low-risk merchant account providers, Goat Payments doesn't disclose fees on its website. : Best for low. Starts at $0/month for unlimited devices and locations. As with Square’s extremely popular services for low-risk businesses, the company fully discloses all prices for its CBD program on its website. A flat-rate pricing structure is offered by Stripe:Let’s Understand The Low-Risk Merchant. It exhibits a deep understanding of the intricate landscape of high-risk payment processing and presents solutions that go beyond conventional offerings. PaymentCloud: Best Approval Odds. The company’s EPD Gateway is its primary product, with merchant accounts provided through partnerships with numerous major US and international processors and banks. High-Risk vs. Your average ticket size is significantly less than $50. Soar Payments, by contrast, has. A low volume of transactions, just under $20,000 each month. 50% + $0. In contrast to a low-risk merchant. 40 per transaction, plus a required 10% reserve (which is standard for most high-risk merchants). High Risk Pay distinguishes itself as a pivotal player for businesses in need of merchant accounts tailored to high-risk profiles. You’ll likely pay higher in merchant account and payment processing fees. EMB offers services that include chargeback mitigation. Other features may include check processing services, online account reporting features, services to make sure your account is PCI Compliant and a lot more. Party of 4: innocent buyer; a victim of credit card theft; legitimate merchant; scammer/middleman; The cardholder places an order from a fraudulent, fake storefront that is offering goods at. National Processing: Best for an all-around processor. General characteristics of a low risk merchant account. Low risk industries are generally those that have a low incidence of fraud and chargebacks, and as a result, they typically pay lower processing fees and have fewer restrictions on their accounts. The merchant account provider will likely approve your application if your business history and transaction type make you a low-risk option. High-risk merchant accounts support online payments worldwide, which could increase revenue and growth. Have a zero to low chargeback ratio. Some reasons why your business may be deemed as a high-risk merchant account are as follows: high ratio chargebacks, accepting. Merchant One: Best for Flexible Pricing. The increased financial risk can make financial institutions hesitant to work with your high-ticket business. If the business has low to zero chargebacks. When you begin your payment processing. High-risk merchant account providers that accept travel businesses generally do not disclose their prices, relying instead on a. GSPAY is a little-known high-risk merchant account provider that offers a variety of fixed rates for different types of businesses. The merchant account provider will likely approve your application if your business history and transaction type make you a low-risk option. But they can expand the possibility that the merchant will need a high-risk . S. Luckily, while the process to get one is a little more complicated, there are many benefits to a high-risk merchant account. Additionally, if. The high risk gateway services. It supports businesses of all sizes, offering both standard flat-rate and interchange plus pricing. High-Risk VS Low-Risk Merchant Accounts Low-Risk Merchant Accounts. And with evidence showing that 75% of eCommerce businesses saw an increase in fraud attempts in 2021, it’s more important than ever to understand high-risk transactions, as. Based on criteria that are developed by merchant service providers, your merchant account can fall into either one of the following: High Risk and Low Risk. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. To understand low risk merchant accounts, you’d probably see that the qualifying factors are the polar opposite to what constitutes a high risk merchant. High-risk vs. Not only do we have highly competitive rates, but we also provide 100% transparency and top-notch customer service. As high-risk merchant accounts tend not to have as competitive terms as low-risk, we considered factors like a breadth of features, ease and cost of sign-up, and contract terms. Here are the major differences between low risk and high risk merchant accounts. In order to be considered low-risk by underwriters, your business needs to meet the following criteria: Your business processes lower volume. They typically have: Lower transaction volumes and low sales. High-risk merchant account providers can be located that offer accounts with reasonable associated fees. This includes online and in-person credit card transactions, ACH transfers, QR code payments, and cryptocurrency. Stax: Best for avoiding transaction fees. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. In the beginning stages of getting operations for your company up and running, there are many business owners who initially don’t even realize that their. Your merchant agreement will depend on whether or not your nonprofit is classified as high-risk. With a European merchant account, you’ll have access to a growing market and more customers. When your business is considered one that comes with added “risks” it means that you will be categorized as a high risk merchant and therefore require a high risk merchant account. Typically, a merchant account for credit repair is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. High risk merchant accounts come with higher transaction fees, stricter underwriting requirements, rolling reserves, and limited processing options. There are additional considerations for the payment process in cases of high-risk accounts. High-Risk vs. Soar Payments, by contrast, has. Corepay understands that digital payments are intrinsically tied to the success of eCommerce businesses. A new business may have to rely on high-risk merchant account services until it has enough history to qualify for a traditional low-risk merchant account. Low Risk Merchant Accounts Finding the right credit card processing and merchant account provider is critical, yet challenging, for any business. Industry is considered low risk e. 95%. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. 2. They can take a little longer to approve, but Treat. High-Risk Merchant Accounts. The long, technical, boring answer: A merchant account is a type of bank account in which transaction funds sit until final settlement, at which point processing fees are deducted and funds are transferred to the merchant’s. PaymentCloud: Best for free credit card terminal. 3. General characteristics of a low risk merchant account. Reserve fees are standard amongst high-risk merchants, and this is one of the areas in which a low-risk and high-risk merchant accounts vary. 5 Ways to Prevent an Account Hold or. You can request more information by filling out the form on its website. Differences Between High Risk vs. It is important to keep in mind that fees for a credit merchant account typically are. These risks could range from a high likelihood of chargebacks and fraud to legal. Join the Durango Merchant Services affiliate program and earn residual commission on every account you refer! Good things are meant to be shared. A merchant account scam is designed to be appealing to new merchants and startups, especially high risk merchants. To define a low-risk merchant account, it’s important to look at the common characteristics of these accounts. Low-Risk Merchant Accounts. Our selection criteria evaluate cost, transparency, contract requirements, and features. The average rates for setting up a low risk merchant accounts start from around one hundred and fifty US dollars. It is best to find a high-risk processor who understands the needs of businesses with bad credit. 30% + 10¢ per online and in-person transaction versus Clover’s 2. As stated above, there are three types of merchant accounts. Certificate of incorporation. (Even low-risk businesses can wait up to 1-2 business days for approval. Currently, consumers’ most preferred payment methods are credit and debit cards. Where such a high-risk account is involved, banks tend to be hostile, and such industries are almost completely barred from opening accounts. There can also be both the categories which support High-risk Business and Low risk Business. Corepay provides European merchant accounts for businesses globally. We have partnerships with over 25+ processors worldwide, and can place. With the use of an Authorize. The first thing most merchants will notice is higher fees. You can expect to get the low-risk merchant account within a day. To get a high-risk merchant account, you need to go through several stages: 1. Fill out the quick & easy form or pick up the phone and call +1 (800) 530-2444. 541612 - Human Resources Consulting. Our low-risk merchant accounts are perfect for nearly any industry, including: Convenience Stores; Specialty Retailers; Low-Risk E-commerce; Clothing Boutiques;. This may include per-transaction and chargeback fees as well as setup, cancellation, and other one-time costs. A low-risk merchant is one that: Trades in fairly modest volumes. - Accepts wide variety of high risk industries. When it comes to merchant accounts, there are high-risk and low-risk businesses. Level 2 processing is built-in, with no additional monthly fees. The Best Merchant Account Services. Durango Merchant Services: Best for highest-risk businesses. 5% to 1% higher than low-risk processing rates, which end up ranging anywhere from 3. If you are a merchant with a history of a lot of chargebacks your payment processor may want a. However, standard and high-risk offshore merchant accounts that want to take advantage of the global e-commerce sector can use worldwide international. Before reaching merchant services, Recognize some circumstances: Should be looking which payment type preferred by customers. Still, high risk merchants have different requirements than low or standard risk merchants. Zero or low chargeback ratio. If the business accepts only one type of currency. The company specifically markets. Low Risk Merchant Accounts. Running high-risk sales on your lower-risk merchant account will often result in funds being held. The amount of the rolling reserve will be determined by the processor based on a number of different factors. io can offer merchant account approval for most low-risk businesses in about a day. What is a High-Risk Merchant Account? According to Nerd Wallet, a high-risk merchant account is required if a business with a greater risk of fraud or chargebacks — or with certain other. Albeit new to the industry, CorePay has effectively worked with countless merchants by providing polished merchant account services that put safety, security, and efficiency. We specialize in providing merchant account and high-risk merchant accounts. Since account providers consider high-volume merchant accounts to be at higher risk, you will pay more for your credit card processing. Without a high-risk merchant account, ecommerce businesses eventually may face the risk of. Signing up for NMI: 2 types of website owners. 8% approval ratio. Offers Paysley QR-code payment service. $0. Square: Best overall. Define your project needs. 800-567-3019. Let’s Understand The Low-Risk Merchant. A high-risk merchant account is a specific type of payment processing account that is required for certain businesses. High risk merchant accounts come with higher transaction fees, stricter underwriting requirements, rolling reserves, and limited processing options. When can you apply for a bad credit merchant account?Everyone can send an application, whether low or high-risk; however, the process might differ. While low-risk merchants must pay the chargeback fee, high-risk merchants must pay a larger chargeback fee. See full list on corepay. High-risk transactions refer to credit card payments associated with significant risks of chargebacks, fraud, and other potential issues, like money laundering. High-risk payment gateway Europe is a payment gateway designed to facilitate high-risk transactions for merchants and customers in the European Union. Fortunately, at Shark Processing, we specialize in high-risk payments and can assist you in opening a high-risk merchant account, no matter your industry. Customers must understand the difference between a low-risk merchant account and a high-risk merchant account. 1. Industry is considered low risk e. Dharma’s monthly fee is $20 per month. A high-risk gateway is essential to accept credit cards and other digital payments. High-Risk & Low-Risk Merchant Accounts: While Corepay can also place low-risk merchants, its specialty is in providing merchant services to businesses that are deemed to be in a high-risk category. What Is A High-Risk Merchant Account? A payment service provider can make the determination if a business is a high risk if they have a higher than. Average transactions under. Registration fee: Once your account is set up, you’ll need to pay a 500 USD registration fee to VISA and Mastercard. Your average ticket size is significantly less than $50. The following are additional requirements of low-risk merchants: Credit card transactions are usually $500 or less. 1. Click to get a free quote or call our experts at 888-302-8472. The funds from customer payments need to go somewhere with the business name on it. The following are some differences between low and high-risk merchant account that you should know: Low-Risk Merchant Account. By partnering with QuadraPay, low-risk merchants can increase their chances of obtaining same day approval for a merchant account and enjoy the benefits of a reliable and secure payment. As your Store starts to get hit with chargebacks, your fees significantly increase and can get your merchant account frozen or terminated, especially when working with low-risk processors such as Shopify Payments/Stripe. . Affordable high-risk rates starting at a blended 2. Dharma Merchant Services: Best for merchants who process more than $10,000/month. A merchant with a low credit score — whether it’s because of a prior bankruptcy, a tax lien, or any other reason — will by default be classified as a “high risk” merchant, and therefore will usually be rejected for a credit card processing services by most large banks and merchant services companies. The second thing you need to know is the type of merchant account you’ll get with your application. High-risk merchant accounts are payment processing accounts geared to businesses operating in high-risk industries and more prone to chargebacks, fraud, regulatory hurdles, and legal issues. For this type of business, the merchant needs a high-risk payment gateway and high-risk merchant accounts. Flagship Merchant Services: Best. A high risk payment processor should provide excellent service and competitive rates—but there are some negative aspects of high risk merchant accounts that are unavoidable. High-Risk Merchant Account vs. Usually offers tiered pricing to bad credit merchants. High-risk merchant accounts typically have higher processing fees to compensate for the risk the payment processor takes on while working with the account. Cashback and reward points for certain merchant categories must. They have an average deal value of less than $500. Industries labeled low risk have. When you’re obtaining a merchant account, the acquiring bank will classify your business as either low risk, medium risk, or high risk. A merchant account is a contract between a company and a financial institution that allows the company to accept. The other way that payment processing services hedge against risk is to require high-risk merchants to maintain. Since account providers consider high-volume merchant accounts to be at higher risk, you will pay more for your credit card processing. io as our favorite online credit card processor for cannabis and CBD vendors due to its willingness to work with these merchants when many providers will not. Merchant Accounts with High Vs. As one of the most trusted merchant account providers available, Payment Cloud has serviced hundreds of popular high-risk merchants. Best merchant services in 2023. Additional fees: Additional fees include PCI compliance, account setup, statement generation, and customer support. A high-risk merchant account enables you to sell in riskier markets. Generally, high-risk business owners can expect credit card processing rates of 0. GoCardless Last editedDec 2021 — 2 min read Table of contents Merchant accounts explained What is a high-risk merchant account? What is a low-risk merchant? In. Banks won’t onboard any business category that poses a high financial and reputational risk. Each online gambling merchant account is different, but typical fees include: Merchant Account FeeAt the same time, low-risk merchant account does not provide the same offers. Low-Risk Merchant Account. In simple terms, a high-risk merchant account is a payment processing account for businesses considered as ‘high-risk’ by credit card processors or banks. On the other hand, low risk merchant accounts. e. 05%-0. 30% + $0. Keep reading to learn more about high-risk merchant accounts, how you may have become high-risk, and how to become low-risk by getting off the MATCH List. Accounts with high risk may also be susceptible to a rolling reserve, in which the payment processor keeps a percentage of your income until it can further verify that your transactions were not fraudulent or prone to chargeback! High-Risk vs. Square. PayPal – Best for a pay-as-you-go pricing structure. Laundering payments through a low-risk merchant account allows maximum proceeds while avoiding regulatory limitations. It works simply; you set up your online Delta 8 store with a payment portal or shopping cart system. High-risk merchant accounts exist for enterprises that cannot get approval for a traditional or low merchant account. These are. 10 per transaction (low-risk accounts) Processing rates vary by acquiring bank/back-end processors (high-risk accounts) $15/month account fee (low-risk accounts). This includes the merchant, the credit card company, and the bank that issues and finances the card. Reading Time: 8 minutes The vape and e-cigarette industry is nothing short of electric. A low-risk account may see a processing rate of 0. The more chargebacks that come with a business, the higher the risk. Usually offers tiered pricing to bad credit merchants. Variable transaction fees. You can expect to. Staying on top of any requests for supporting documents. SMB Global provides a merchant account to high-risk businesses. high risk merchant accounts is the amount of. Many "low risk" merchants have a majority of their credit card transactions conducted in person ("card present"). The business or the owner has a bad financial history. They’re so well-established in fact that they work with over 60,000 merchants. Learn more about Merchant Maverick’s credit card processor rating system. Lastly, it is important to recognize that creating a high-risk merchant account involves a lot more than just setting up a system. Traditional merchant accounts only accept businesses that are considered low risk with little or no chargebacks, operating in a low risk industry, and little or no history of fraud. When payment processors consider approval, the decision must go through their bank, which may or may not deal in high risk industries. Low-risk rates from $99 /month and $. But you don’t have to worry as eMerchant Authority has a. In summary, credit repair agencies cannot rely on cookie-cutter solutions for payment processing. High-risk merchant accounts are assigned to a business for a number of reasons,. A low-risk merchant may need to meet many requirements; however, the most important are: low revenue, few transactions, and low chargebacks and returns. A high-risk merchant account has the same features and functionality as a traditional, low-risk merchant account. PaymentCloud — Best for businesses looking for completely customized payment packages, fraud prevention tools, advanced payment gateways, and merchant funding. You already have a merchant account and only need the NMI gateway. What is a High-Risk Merchant Account? A high-risk merchant account is one that works with businesses with a higher risk of chargebacks, fraud, or failure. 05 per transaction. SMB Global is a self-described "one-stop shop" for payment processing. In addition to the risk being more minimal than that of its high risk counterpart, a low risk merchant category is one that encompasses any business that. Apply for the necessary business. Bad Credit Payment processors and the financial institutions that back them typically check the business owner’s credit when reviewing a merchant account application. If you qualify for a high risk merchant account, expect to pay slightly higher fees. A high-risk merchant account has never been easier to attain thanks to Payment Savvy. PaymentCloud: Best for free credit card terminal. It offers and contains all the features just like the regular and domestic merchant account. A high-risk merchant account means payment processors and card networks view the company as being more likely to default on its payments, suffer high levels of chargebacks, or even commit fraud. How to get a High Risk Merchant Account? 1. To qualify for low risk merchant accounts, your business must: Process less than $20,000 per month, Have an average ticket size of less than $50, and. Payment processors will categorize your company as low risk when: Your company brings in less than $20,000 per month. In 2021, consumers paid for 70 percent of their purchases with a credit or debit card. This is because acquiring banks are taking on the added risk of processingThe merchant sells to countries that have a high level of fraud. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. APR: Not disclosed. While you get a transparent rate with a low-risk account, it is much harder to cost a high-risk account. Many also offer additional tools such as payment gateways, virtual terminals, and point. 6. Durango Merchant Services has been in the hard to acquire and international electronic payments industry for over 20 years. The following are. account, so you can focus on the best processing options that match System used to track merchants in order to manage risk. They will need a high-risk merchant account because the credit repair industry presents several risks: (1) clients and their financial history (2) chargebacks, and (3) legality. We recommend the following steps when your account is terminated: Reach out to Paypal for a status update – this will likely result in you waiting for up to 180 days as they audit your account. There are other plenty of merchant account providers that comprehends the situations and offer services precisely for high risk industries & high risk businesses. Usually, it is provided in combination with a high-risk merchant account. All businesses need merchant accounts in order to accept credit and debit card transactions. Fastest application process: Soar Payments. In general, the low-risk merchant account is cheaper than the high-risk merchant account because a low-risk merchant account comes with many restrictions. These include reduced fees and less of a need. Gspay. Our team will go over your documents, and you can start accepting different payments. This can increase the difficulty of. High-risk vs. Payment processors that offer high-risk merchant accounts understand the unique challenges faced by high-risk merchants, such as an increased likelihood of chargebacks or fraud. Some of the most common businesses the platform specializes in include health and beauty, fantasy sports, financial and legal services, firearms, travel, tobacco and vape, SaaS, and SEO/SEM businesses. Best for online and international sellers: Durango Merchant Services. The provider may approve riskier applications but at a higher fee. As compared with a high-risk merchant account, low-risk accounts often. Merchant account Visa, MasterCard, American Express for low-risk businesses is a. If the average ticket is less than $500. Supporting all the most well-known sectors in the adult entertainment industry — except escort services — Payment Cloud’s features are specifically tailored to meet the needs of web-based adult entertainment. Often people consider that offshore merchant account is for High Risk Businesses or for such businesses that cannot get approval by their domestic banks. Treati. No monthly minimum (low-risk accounts) Interchange + 0. This can rage anywhere from 5-20%. Here’s our list of the best merchant. A competitive payment processing fee for a standard retail small-business account might be 2. With an emphasis on personal attention and customized solutions for “bricks-and-clicks” companies (i. There are certain fees business owners need to pay for merchant account services. One of the biggest differences between low risk vs. Low-risk business is easy to deal with for acquiring banks, and so a low-risk merchant account usually requires fewer fees, and a simpler setup. High Risk Pay is one of the fastest growing companies in the credit card industry since 1997. The bank will then process your application and determine your merchant account fees. Low-risk merchant accounts are designed for businesses that have a consistent volume of sales, low returns/chargebacks, and are in well-established industries. Application: The business applies for a high-risk merchant account with a specialized payment processor that specializes in high-risk businesses. A merchant account may be classified as low-risk due to one or more of the following factors: If the average monthly transaction volume is less than $20,000. merchant accounts), you’ll typically need to process $5K-$10K in monthly transactions to justify the cost. Call us 888-334-2284 or email us at sales@signaturepayments. % + $0. Low-risk merchant account suppliers are also available along with high-risk merchant account providers. WorldPay – Best for set monthly fees and regular payouts. Square Merchant Services: Best for Startups. For example, you will be considered as a low-risk merchant if your business has $20,000 or less monthly sales,. 9% plus 30 cents per transaction. 08-$0. A Delta 8 merchant account is a type of merchant account aimed to ease the transactional process of Delta 8 businesses. For the approval of a high-risk account, merchants need to have a solid credit history and chargeback management records. Those who prefer to err on caution and use low-risk merchant accounts don’t have access to this resource. With over a 95. In contrast to the application process for a low-risk merchant account, getting a high-risk merchant account can be more challenging because banking institutions prefer to offer low-risk customer. When shopping for a check by phone merchant account, it is important that you understand how the electronic checks are processed. High-risk merchant account providers and general processing companies follow various measures to reduce the risk. Certain industries are labeled as high-risk – operating under more stringent regulations with substantially higher transaction costs (e. Typically, monthly fees range from $10 to $50. High risk merchants who choose to process with instant approval companies may have their account shut down which can lead to lost revenue. An online merchant is a business that sells goods and processes payments over the Internet. Other examples of high-risk businesses include bail bonds, electronics, and credit repair companies. options above. A high-risk merchant account is a type of business bank account set up by a payment processor that allows merchants to accept credit and debit cards for their business, even though they have been. Simply keep in mind that we determine our rates based on your monthly processing volume as well as your individual business’s risk factor, but our rates can start as low as 6. High Risk Merchant Accounts. Your customer pays for your goods or services with a credit card using your POS equipment, a virtual terminal, or a mobile app. This merchant account allows the business to accept card payments but will come with additional requirements and fees. This means, there is ongoing risk monitoring that is associated with all low-risk merchant accounts. The credit card transaction average is $500; Minimum returns;High Risk & Low Risk Merchant Accounts. 5 Ways To Improve Your Chances Of Getting A High-Risk Merchant Account For. If you opt to use Square for online sales, you can expect to pay a higher rate of 2. These fees vary according to the processor, with some processors waiving most of these fees. SMB Global is the option on our list with the longest standard contract length, three years. This facility is unavailable to those who want to play safe and opt for low-risk merchant accounts. ProMerchant’s rates are 0. Our experts at Salus Payments recommend trying to keep your chargeback ratio less than 0. However, for business owners looking for the best high-risk merchant accounts with bad credit, you might want to consider Electronic Cash Systems, PaymentCloud, Payment Depot, Durango Merchant Services, Soar Payments,. 1. High risk processors won’t terminate the account for just being in a high risk industry; Ability to sell high risk products and subscriptions. Validate your high-risk Level 4 merchants’ compliance with the PCI DSS. It often means tougher-than-usual terms and higher fees than low-risk accounts. LOW RATES. Low-risk merchants sell conventional goods and services, with usual transactions costing less than $500. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. SMB Global Overview. Application: The business applies for a high-risk merchant account with a specialized payment processor that specializes in high-risk businesses. 8 minutes. 2. When it comes to credit card payment processing, you might have difficulty getting approved for a high-risk merchant account depending on what vertical you fall in — but it can also be due to a history of fraud, a low credit score, or a high ratio of chargebacks. Square: Best Free Merchant Account For Small Businesses. Our process is simple so you can focus on your business. PaymentCloud is a merchant services provider. They will provide the best rates for services, plus they will offer more lenient terms for services. It is important to note that each payment processor has its own set of criteria, but there are certain qualities that are shared by all of the competitors on the market in terms of security. Low-risk rates, as low as $99 per month and $. Chargeback Prevention. While the high-risk version is a bit expensive, it offers the merchant many. However, PaymentCloud also handles payment processing for medium- and low-risk businesses. Your average ticket size is significantly less than $50. various factors collectively decide the risk category for a particular business. All low-risk Host Merchant Services accounts come with month-to-month billing, but high-risk merchants may have to agree to a long-term contract, in some cases. Durango Merchant Services: Best for eCommerce merchants. A team of high-risk analysts or an individual analyze your business to find out any type of risk. Helcim : Best All-in-One Platform. 49% to 3. 95%. Companies like Shark Processing help merchants expand their reach globally and tap into new markets, offering convenient payment options to customers worldwide. Call Us: (213) 267-6848. Treati. Fees are the main tangible difference between a high and low risk merchant account. The quality that sets this company apart from its. A high-risk merchant account with instant approval can be the lifeline your business needs. You are incorporated in a low risk state. e. Low-risk merchant account. Your fees are contingent on several factors, such as the merchant’s processing history, type of industry (high or low risk) and/or projected sales volume. This high-risk processor will help you set up electronic payment options for. How do I get a Low Risk or High-Risk Merchant Account? Our specialty is matching a business with a suitable credit card processing service in a specific geographic region. Low-Risk; High-Risk; ACH; Application; About;. Low-risk Merchant Account. Fastest application process: Soar Payments. Stripe: Best for owners of multiple businesses and brands.