High Risk Merchants
Cyberauthorize is able to process a merchant account application for domestic US businesses that regular processors won’t approve for bank card/merchant services. Most traditional bank card processors have a list of prohibited merchant types they categorize as high risk, hard to underwrite, extremely non-traditional. These businesses are difficult, but not always impossible to approve for credit card processing. High Risk business types have industry proven risk factors for “Excessive” chargebacks/ disputes, refunds ,product/service/customer dissatisfaction, purchase remorse, and business abandonment. These businesses are also often subject to excessive incidences of fraud, and theft.
Cyberauthorize can offer a number of creative payment processing programs designed for many types of these merchants. Our High Risk Program does not service Non-US businesses, and its principals. Our program also cannot service merchants currently on the MATCH List, or who have active bankruptcy. Merchants who have had a chapter 11 or 13 bankruptcy under repayment may qualify for merchant services as a Card Present merchant only.