High-risk merchant accounts can be a very rewarding vertical for ISO/agents to target.
Because of the difficulty in obtaining merchant accounts for many types of verticals, closing deals with these businesses becomes less about convincing them to sign with you, and more about simply getting them approved.
Of course, your success with high-risk hinges on having a partner who understands the nuances of dealing with these types of businesses and the banks that will approve them.
It is important to understand that not all banks would like to work with any industry and therefore our job here at Choice, is to find the bank that will work with your types of merchants.
This is why expertise & relationships are crucial to success in high-risk.
Choice clients are given the correct SIC and MCC codes upon setup which drastically reduces the risk of the account being terminated, unless there are extremely high charge backs or fraud.
We also have long-standing relationships with many banks, which allows us to get virtually any business approved quickly, regardless of the vertical.
All of this combines to make Choice the best partner for you to submit your high-risk deals to. We can help any ISO/agent achieve success in high-risk!
High-Risk Business Verticals Choice Works With Include:
As you can see, there is a massive variety of high-risk verticals for an ISO/agent to target.
When you partner with Choice, you gain full access to our expertise & bank relationships that are an important part of receiving approval for high-risk merchants.
Your clients will love you for getting them approved when others couldn't!
Please reach out to us & let us know how we can assist you with your high-risk accounts.
I have been selling for Choice for almost 4 years. I have been in the merchant service industry for almost 15 years. I have worked with many other processors. Choice is by far the best.
Renee Colleen - Choice Agent
This company is absolutely outstanding. Anytime I've ever had an issue I call in and they handle it immediately. The customer service is unmatched.
Kevin Carroll - Choice Agent
Vinny Caggese - Choice Agent
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