Types of businesses that need a High-Risk Merchant Account
Annual memberships Adult products Bail bonds Online dating sites Business opportunities Electronics sold online Home-based Online auctions Horoscope/Fortune telling Mail order or telephone order Multi-level marketing (MLM)
The worst-case scenario of taking a loss on your account, due to your personal credit or company financials not able to support the sales volume that you are applying for.
Your service or product has a longer chargeback liability period. If you are offering annual memberships, customers have 18 months to issue a chargeback (6 months from the end of the service date).
You are in an industry that has a history of high-chargebacks. The bank feels they will spend too many resources managing your account, and eventually have to turn you off regardless if/when you exceed chargeback thresholds.
The account has a “reputational” risk, such as the adult industry.
If you are on the TMF or MATCH list.
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