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Shaw Merchant Group

Crypto Payment Processing

Get started with Crypto payment processing. It's never been easier to accept payments for any type of business.

High Risk Merchant Accounts

REASONS WHY YOU MIGHT NEED A HIGH RISK MERCHANT ACCOUNT

1. YOUR CURRENT MERCHANT ACCOUNT IS REJECTED OR TERMINATED

2. YOU OR YOUR BUSINESS HAS A BAD CREDIT SCORE

3. YOUR CONDUCTING BUSINESS IN A "HIGH RISK" INDUSTRY

4. YOU NEED A MULI-CURRENCY SOLUTION TO ACCEPT MANY TYPES OF PAYMENTS

5. YOU CURRENTLY HAVE VERY HIGH RATES & RESERVES & YOU NEED ASSISTANCE

1. YOUR CURRENT MERCHANT ACCOUNT IS REJECTED OR TERMINATED

2. YOU OR YOUR BUSINESS HAS A BAD CREDIT SCORE

3. YOUR CONDUCTING BUSINESS IN A "HIGH RISK" INDUSTRY

4. YOU NEED A MULI-CURRENCY SOLUTION TO ACCEPT MANY TYPES OF PAYMENTS

5. YOU CURRENTLY HAVE VERY HIGH RATES & RESERVES & YOU NEED ASSISTANCE

High Risk Merchant Accounts

Complete Guide

The current economy is changing with the speed of light, going from physical money to cashless and digital currencies. This means any business striving to be successful would eventually have to start accepting credit and debit card payments. But how can you do this? Through high risk merchant accounts! However, it's not easy to apply and get merchant account approval, especially if you have a business that is considered a 'high risk' for any reason by financial institutes.

If you want to know what's high risk merchant processing, which businesses are considered high risk and how to get a high risk merchant account, this is the information you do not want to miss. We'll provide you with a basic understanding of merchant accounts, how they work and how you can get yours approved. 

Don't Compromise on Quality Because of High Risk

Shaw Merchant Group has been helping merchants place high risk and other difficult accounts for several years now. We've come across many merchants having a solid business model with great potential. However, unfortunately, they may still be considered high risk merchants and miss their chance of securing a merchant account.

We believe business owners with a good plan and execution power should be given a chance to grow and improve their professional and personal lives. We have a team of highly qualified merchant account experts that can help you from A-Z on your journey to merchant account approval.

Once the account approval comes through, you will be connected with a merchant account manager for your account's life. You can get direct support from your account manager if you have any questions or face any POS terminals problems.

You can relax knowing that we will leverage our years of industry experience, connections, and resources to explore every possible option before settling on the best solution for your business.

Merchants Considered High Risk Face Various Challenges

Suppose a merchant is considered high risk by financial institutes. In that case, they can face several difficulties on their business journey, including not getting a merchant account, not getting a good loan, paying high business insurance premiums, etc. But since we are talking about merchant services here, let's see some of the challenges you can face as a high risk merchant:

Challenge#1: Your Merchant Application Was Rejected, or Your Account Got Terminated Challenge#2: Low Credit Score Challenge#3: You're in a High-Risk Industry Challenge#4: You Need a Multi-Currency Merchant Account to Accept Several Currencies Challenge#5: As a High Risk Merchant, Your Rates and Reserves Are Through The Roof
Challenge#1: Your Merchant Application Was Rejected, or Your Account Got Terminated Challenge#2: Low Credit Score Challenge#3: You're in a High-Risk Industry Challenge#4: You Need a Multi-Currency Merchant Account to Accept Several Currencies Challenge#5: As a High Risk Merchant, Your Rates and Reserves Are Through The Roof

Cryptocurrency Processing

Cryptocurrency Processing

Accept cryptocurrency and receive dollars! Shaw Merchant Group has partnered with NOWPayments and serves as a transactional hub for processing cryptocurrency. Seamless integrate cryptocurrency payments into your business today! 

Integrate NOWPayments and start receiving online payments in crypto. Accept Bitcoin, Ethereum and 100+ cryptos on your website, store, and social media accounts globally.

Cryptocurrency Processing

Accept cryptocurrency and receive dollars! Shaw Merchant Group has partnered with NOWPayments and serves as a transactional hub for processing cryptocurrency. Seamless integrate cryptocurrency payments into your business today! 

Integrate NOWPayments and start receiving online payments in crypto. Accept Bitcoin, Ethereum and 100+ cryptos on your website, store, and social media accounts globally.

Frequently Asked Questions

What's a Merchant Account? Should I Go for My Own Merchant Account? High Risk Business - What Does It Even Mean? How Does the Credit Card Processing Work?

Need Assistance?

If you have questions, would like more information, or if you are ready to get started with a high risk merchant account, please click the button below to leave your name and contact information. One of our Merchant Account Experts will contact you shortly.

    Disclaimer

    © Shaw Merchant Group, LLC. Our goal is to gather accurate, updated information and assist you in your research. We recommended that you check with your service provider or financial institution directly and get independent financial advice before making any commitments or business decisions. 

    Company logos, names, and trademarks mentioned on this site belong to their respective owners.

    All merchant related services and products are referred to North American Bancard for first right of refusal. All information generated on this site is shared with NAB. North American Bancard is a registered ISO of Wells Fargo Bank N.A., Walnut Creek CA, of BMO Harris N.A., Chicage, IL and The Bancorp, Philadelphia, PA.