High Risk Merchant Services for Your Subscription-Based Business
We specialize in high risk merchant accounts, so we can help get you approved and start processing payments.
We know that processing subscription and recurring payments comes with unique needs. We’ll work with you to find merchant services to help you grow, no matter which kind of subscription-based model you fall into, including:
- Subscription boxes
- Newspapers and magazines
- Lifestyle and product discovery boxes
- Software
- Video and music streaming platforms
Subscription box merchant account application
Why your subscription-based pricing model might be classified as a high-risk business
Even with lifestyle boxes and other subscription-based goods and services on the rise, banks are still likely to classify continuity billing businesses as high-risk for a variety of reasons, including:
- High volume of card-not-present transactions
- An above-average number of chargebacks as customers forget to cancel subscriptions, forget they made the purchase, or want to cancel despite your refund policy
- Companies tend to have little control over the distribution of their product, which adds to the vulnerability of chargebacks
Work with a Payment Processor That Knows Your Recurring Billing Business
Many subscription-based businesses have been turned away from merchant services for being considered high risk, but at Bankcard, high risk is our specialty. We work with businesses that take advantage of subscription, recurring, and continuity payments to provide services unique to your needs, including:
- Confirming customer authorizations for current and future charges
- Confirming customer identity
- Chargeback protection
- Scalable services and pricing
The Full-Service High-Risk Merchant Account Company
Payments
Servicing customers and clients wherever they find you… we do it all.
- Online
- In-Store
- Mobile
Products
Full customization and control to meet your all your business needs.
- Equipment/POS
- ACH Processing
- Integration
- Surcharge/Cash Discount Processing
- Check & eCheck Processing
- Gift Cards & Loyalty Programs
Services
Specialties that make us the top one-stop-shop for merchant services.
- High Risk Processing
- Capital
- ATM
- EBT
