Is Your Business High Risk? Here's Why You Need a Specialized Merchant Account
High Risk Payment Processor If you're running an online business in industries like forex, gambling, dating, CBD, or tech support, you’ve likely encountered challenges with payment processing. You may have even had your account shut down without warning. That’s because your business may fall into the “high-risk” category—and that requires a specialized merchant account designed to handle the risks and complexities. In this blog, we’ll explain what makes a business high risk, why regular payment gateways don’t suffice, and how a high-risk merchant account can protect and support your operations. What Is a High-Risk Business? A high-risk business is one that payment processors view as more prone to chargebacks, fraud, regulatory issues, or financial instability. These risks make banks and standard processors cautious about working with such merchants. Common High-Risk Industries Include: Forex and crypto trading Online gambling and gaming Adult entertainment and dating services C...