High Risk Pay Review: How Safe Are Their High-Risk Solutions?

High Risk Pay is a merchant account provider that focuses primarily on serving high-risk business types. High Risk Pay claims to have been founded in 1997, but it is unclear which of its alternate brand names was founded in 1997. There is no record of HighRiskPay.com as an active website prior to 2008. The company has been linked to multiple other business names, including the following brands and URLs:

• • S & A Global, Inc.

• • Netpay Bankcard

• • High Risk Experts, LLC

• • Global Payment Services

• • Merchant Account Providers

Global Payment Services lists the same address as High Risk Pay and displays branding at the top of its website for Group ISO. This could mean that High Risk Pay is a DBA or sub-ISO of Group ISO.

Payment Processing

High Risk Pay specializes in processing major debit and credit cards for high-risk businesses. They cater to various industries, including e-commerce, travel, e-cigarettes, CBD, high-volume businesses, startups, companies with bad credit, international operations, MLM, and adult businesses. Their services encompass payment gateway access, virtual terminals, mobile solutions, fast approval, POS terminals and swipers, e-commerce solutions, chargeback protection, fraud protection, B2B and B2C processing, data reporting and analytics, recurring billing, and continuity subscription.

ACH Processing

High Risk Pay provides ACH (Automated Clearing House) processing for electronic check transactions, facilitating immediate payment transfers verified and processed shortly after receipt. This service requires only a routing and account number for transactions, with fees being a fixed amount per transaction instead of a percentage fee.

Chargeback Prevention

The Chargeback Prevention Program at High Risk Pay aims to reduce chargebacks, which occur when cardholders dispute transactions without contacting the merchant first. This program provides merchants with alerts to address disputes proactively before they escalate.

“Instant” Approval

High Risk Pay offers an instant approval service for high-risk merchant accounts, boasting a 99% approval rate. They aim to get businesses operational quickly, charging no application or setup fees and requiring no contractual obligations. Applications are approved within 24 hours, even for those with bad credit, and the service includes next-day funding and chargeback prevention.

Low Complaint Total

Our research identified only a limited number of High Risk Pay reviews. None label the company as a ripoff or scam, but some issues were noted, including a complex signup process and abrupt account closures. A particularly concerning complaint on the BCA suggested potential misrepresentation of banking relationships and unusual application requests, including demands for personal PayPal login credentials and unorthodox home visits for photo documentation. This specific allegation, if true, raises serious concerns, but no further evidence or similar allegations have surfaced to corroborate this claim. If you have experiences with High Risk Pay, please share your review in the comments below to enhance our understanding of their practices.

High Risk Pay Lawsuits

We have found no outstanding class-action lawsuits or Federal Trade Commission (FTC) complaints against High Risk Pay. However, due to the company’s generic name, detailed information is challenging to locate. Clients seeking non-litigious ways to address their issues with High Risk Pay are advised to report them to relevant supervisory organizations.