High Risk

Volt has been proud to provide a processing solution for most high-risk merchants thru our various platform and bank relationships. As a result, businesses unable to obtain a merchant account from traditional banking institution partner with us. In turn we facilitate the process of obtaining a merchant account and connect them to resources that support their needs. Therefore, we provide solutions for these businesses like PCI compliance, Chargeback Protection, and Fraud Prevention.

A high-risk merchant account generally means that your payment processor has labeled your business as one more likely to be subjected to fraud or chargebacks. A payment processor labels a merchant account in this category because they’ve determined your business account is more susceptible for chargebacks, fraud or a high volume of returns. There are many reasons this could be the case—because you are a new merchant who hasn’t processed payments before or because your industry is considered high risk and has a high likelihood of fraud.

High-risk merchant accounts pay higher processing fees to account for this risk. Every credit card processing platform is different, but this kind of merchant account will be subject to higher fees across the board. Generally, processing fees for all transactions will be higher, sometimes more than double that of low-risk merchant accounts. Although low-risk merchants are also paying a chargeback fee (a fee you pay when a customer disputes the charge directly with their credit card), high-risk merchants generally pay higher chargeback fees. Forbes.com

Some High Risk Industry Types We Provide Solutions For