Best High Risk Merchant Account with fast approval and low fees

Businesses operating in high risk industries like entertainment, travel, nutraceuticals and e-commerce, face unique challenges when it comes to securing payment processing. Many traditional financial institutions refuse to process payments for high-risk industries with chargeback rates as well as perceived fraud risks. Some will only accept risk by limiting the number of "points of sale" which is impossible to plan for. Luckily, there are specialized best high risk merchant account providers with unique features that offer cheap solutions and fast approval times.

High Risk Pay has a 99% approval rate, and approvals as fast as 24-hour TechnologyAdviceTechRepublic, making it an excellent option for businesses who have been denied by traditional processors. High Risk Pay merchants can be assured they will be charged competitive rates and a half-decent approval process for getting started. The types of industries they serve includes Entertainment, Travel, and others with limited startup costs.

PayKings is an other good option as they offer industry-leading approval rates High Risk Merchant Account and Payment Processing - PayKings, secure payment gateways designed especially for high risk industries. They have experience working in a wide range of high risk industries and provide transparent pricing.

Soar Payments stands out by providing payment services for a whopping 50 industries Best High Risk Merchant Account Providers of June 2025 - NerdWallet, from low-risk to high-risk business, and providing flexible options with quote-based pricing that meets the needs of the business.

Corepay specializes in extremely low rates and chargeback management Best High Risk Merchant Account & Payment Processor, along with the integrated gateways that help transactions flow seamlessly for both bank accounts and high-risk merchants.

The best thing to focus on when getting a merchant account for a high risk merchant is to keep looking until you find a provider Trinity Consultings with the best pricing that is open and clear, structured fraud protection, the best possible dedicated support, and overall experience in their business. Approval times will vary between providers, expect fast approval (24-48 hours) possible future fees (will vary) to enable your business to begin processing payments without any delays compared to bank accounts, knowing you're getting a competitive rate (despite high-risk) to keep part of your profitability intact while processing payments on higher-risk transactions.