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LeisurePay is the last payment provider you’ll ever need.

We specialize in personal payment rails for high-compliance businesses, delivering fast, safe, and effective merchant services that you can count on.

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high risk payment processing provider
Why do you need a high risk merchant account?

Why Do You Need a High Risk Merchant Account?

Traditional payment processors often do not provide payment services to businesses classified as high-risk, leaving legitimate businesses without reliable payment options. A high-risk merchant account provides specialized processing for sectors like CBD, gaming, and firearms that standard providers avoid. These accounts come with safety protocols like chargeback protection and fraud screening customized to handle your business’s unique challenges.

Without this account, you may have to face higher chargeback rates, payment disruptions, transaction declines, increased exposure to fraudulent activities, and a lack of regulatory compliance. High-risk payment processing provides security, stability, and long-term financial support for risky businesses, keeping them compliant with regulatory frameworks.

LeisurePay Merchant Services

  • Head Shops

  • Wire's, ACH and Credit Card Acceptance

  • Direct Bank Relationship

  • Pick Up Ordering to In Store POS

  • Online Ordering to In Store POS

  • Inventory Management

  • State of the Art POS Machines

  • Manufacturers & Distributors

  • Transparent Fee's

Processing Your Customer Payments Does Not Have to Be Hard

Merchant accounts can be difficult to obtain, especially for businesses owned by minorities and those operating in non-traditional economies.

Rapid Approval

Complete your application and provide the KYC documentation, and we will have you approved within two business days.

Unmatched Support

Stop stressing about your merchant accounts – we have it all covered, from chargeback management to bank sponsorships, including past, present, and future merchant accounts.

Dedicated Payment Experts

With our full-service merchant accounts, we become your company’s full-time payment specialist. Our white glove support handles all of your past, current, and future payment needs.

Secured Payment Processing

We provide solutions that leverage innovative tools and strategies to enhance security and protect every transaction. Our tailored payment processing system efficiently addresses your business’s unique security vulnerabilities.

Integrated POS & Ordering Solutions

Our smart POS integration and ordering solutions sync payments and processing data in real-time. Every operation is streamlined to ensure accurate and hassle-free transactions.

Multiple Payment Options

We offer multiple payment options, including credit and debit cards, ACH transfers, digital wallets, check 21 processing, and cryptocurrencies. Versatile payment options enable you to boost your sales and minimize the risk of transaction fraud.

Working directly with LeisurePay, you can have a trusted partner who understands risk and can adapt to change quickly.

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Industries We Serve

Our payment processing is designed for high-risk industries to keep transactions smooth and secure. Whether you are scaling up or just getting started, we have the right financial tools for your niche. Here are the industries we serve:

Cannabis & CBD

The cannabis industry faces payment challenges due to shifting regulations and banking restrictions. We offer compliant processing and handle everything from online CBD sales to in-store transactions at dispensaries.

Kratom

Kratom supplement businesses struggle with payment processing challenges due to regulatory scrutiny and higher chargebacks. Our tailored solution supports the kratom industry by providing reliable transactions with minimal errors and safety risks.

Crypto

The volatile nature of the cryptocurrency market and higher fraud risks make crypto businesses dependant on high-risk transaction solutions. Our specialized crypto payment processing enables complex transactions while maintaining compliance with changing regulatory standards.

Guns, Firearms & Ammunition

Our customizable guns payment processing system serves businesses in the firearms, ammunition, and related industries that traditional payment providers often overlook. We provide discrete, compliant merchant accounts, making each transaction secure and hassle-free.

Simplify High-Risk Merchant Payment Processing

Apply

  • Get started by filling out a form on our website, outlining your business details and processing history. This allows us to understand your business and its unique needs. Once you submit the form, you will receive a confirmation email.

Get Approved

  • Our underwriting team reviews your application, assessing regulatory compliance. If your application qualifies, you will likely receive approval within 1 to 2 business days. Our approval process comes with clear terms and conditions and highlights any processing limits, rates, and further steps involved.

Integration & Onboarding

  • Once approved, our technical team will help integrate your payment systems. We support all major eCommerce platforms, POS systems, and custom platforms through simple API integration. We make sure you comply with legal standards during the onboarding process for uninterrupted payment processing.

Start Processing

  • After a successful integration, you will be ready to accept payments. Our dashboard will give you real-time visibility of all transaction and payment activities.

Frequently Asked Questions

A high-risk merchant account is a payment service designed for businesses that traditional financial institutions often consider to be high-risk. It allows high-risk merchants to accept payments through credit and debit cards, despite being prone to higher chargebacks, regulatory noncompliance, data breaches, financial instability, or operational failures. This type of account is an ideal option for businesses that have been denied standard payment processing due to high perceived risks.

High-risk merchant accounts are ideal for businesses operating in industries with elevated financial or legal risks. These accounts ensure that businesses can securely accept debit and credit cards, as well as alternative payment methods, without sudden service disruptions. Some common high-risk industries are:

  • CBD and vaping
  • Online gaming and casinos
  • Forex and crypto trading
  • Travel and subscription services
  • Adult entertainment

You may need the following documents to apply for a high-risk merchant account:

  • Valid government-issued ID
  • Tax documentation or EIN confirmation
  • Business licence and registration
  • Previous 3 to 6 months of bank statements
  • Processing history from a previous provider
  • Website and product details
  • Copies of refund, return, and privacy policies
  • Proof of ownership or business premises
  • Compliance certifications

Payment platforms like Stripe, Square, or PayPal exclude most high-risk industries. These platforms can freeze funds or terminate accounts without warning due to detected risks or policy changes. High-risk merchant account providers support such industries by offering dedicated underwriting, maintaining banking relationships, and providing other industry-specific expertise for reliable payment processing.

With an approval rate of over 90%, we provide uninterrupted, transparent high-risk payment processing services. Our underwriting typically takes 1 to 2 business days or more, depending on the complexity of the process.

Yes, we support ACH (Automated Clearing House) options for high-risk businesses. Our system includes fraud screening to ensure secure transactions while maintaining compliance with NACHA regulations.

High-risk payment processing fees vary depending on risk factors, transaction volumes, and the specific industry. We customize pricing to align with your business model, offering competitive rates without any hidden charges.

We work with you to establish optimal processing limits tailored to your business growth plans and risk mitigation needs. The merchant account limit can be increased if there is an upsurge in your business’s sales volume.

Standard merchant accounts cater to low-risk businesses, such as retail stores, online clothing stores, and home improvement businesses, with straightforward approval processes, lower fees, and minimal limitations. High-risk merchant accounts are made for businesses operating in sectors with a higher risk profile, such as those involved in the CBD, adult entertainment, and firearms sectors. High-risk accounts typically incur higher costs and require more advanced monitoring tools to ensure security and stability for excluded businesses.

Yes, the fees are generally higher due to increased liability for payment processing. Factors influencing the costs include chargeback risk, fraud prevention, and reserve account requirements.

Yes. High-risk merchant accounts often support international payment processing, helping you expand your business’s market reach. The service providers handle compliance and security concerns, minimizing risk exposure.

If your business operates in high-risk sectors, such as CBD, online gaming, cryptocurrency, or firearms, you may have experienced payment challenges. From sudden account freezes to compliance failure, navigating these issues is not easy. This is where LeisurePay comes in. We handle the complex financial and legal procedures involved to make sure your transactions are processed smoothly and efficiently.

Our system is designed for high-risk industries, enabling businesses to manage risks such as chargebacks, payment fraud, and legal issues. We provide straightforward solutions, implementing proven strategies and innovative technologies that keep your business relevant in the evolving landscape of payment processing. For businesses seeking a reliable, accountable high-risk merchant account provider, LeisurePay offers a secure option.

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