No Application Fee
No Setup Fee
24 Hour Approval
Next Day Funding
Bad Credit OK
Who We Serve
Adult Content / Dating
CBD / Delta-8 / Cannabis Adjacent
Credit Repair / ID Protection
Direct Marketing / MLM
Mail Forwarding / Junk Mail Elimination
Merchant Lenders / Tribal Lending Nutraceuticals
Personal Protective Equipment (PPE)
Seminars / Educational / Leadership / Coaching
Smoke Shops / Head Shops
Super PACs / Crowdfunding
Tax ID Services
Telemedicine / Online Pharmacies / Medical Consultations
Timeshare Relief / Cancellation
Get up and running today with a trusted payment processor. Most processors from Stripe, PayPal to Square don't accept high risk merchants. Not us!
Other processors charge obscene fees for high risk merchant account. At GPS, we pride ourselves on providing top notch services at the lowest rates!
Determine if Your Business is High Risk
Here are all the factors processors typically use to determine if you're business is considered high risk
Fraud & Chargeback Rates – Businesses with a high chargeback or fraud rate are automatically classified as high-risk by banks and payment processors. Businesses with a chargeback ratio over 1% are usually considered high-risk. Chargebacks can occur for any number of reasons, from customers forgetting they signed up to getting billed without their consent.
Types Of Products And Services – Products such as software, tickets, seasonal items, etc. can point to a business with more unusual or inconsistent revenues. Payment processors consider this a very red flag and a sign of financial uncertainty.
Reputational Risk – Companies that deal with sensitive customer information may suffer reputational consequences. This includes companies in the adult and tech sectors.
Recurring Payments – Certain business models with high instances of chargebacks or fraud can send a warning signal to payment processors. A common example is recurring or subscription-based providers, with an increased risk of chargebacks, identity theft, and account takeovers.
Monthly Sales Volumes or Transaction Value – Financial institutions might consider a business high-risk if they routinely accept high-value transactions. B2B companies mostly have to deal with this factor.
Credit Score – Banks are less inclined to lend money to individuals or businesses with poor credit scores. As a result, if you have a low personal credit score, your business may fall into high-risk categories.