High Volume Merchant Account

Managing a business that handles thousands of sales a month and high-ticket transactions requires high volume transaction processing. As your business continues to grow and scale, ensuring you have the ability to process sales and payments is imperative. When you have a high volume business, it may be considered too risky for standard payment processors to provide you with a merchant account.

Obtaining a high volume merchant account not only eliminates risks, but provides you with the opportunity to continue processing as many transactions as necessary. Working with the largest payment processors by volume is a surefire way to continue running your business smoothly.

Why High Volume Businesses Are High Risk

Businesses that deal with a high volume of transactions or sales that are in the thousands are considered high risk by standard payment processors. Standard payment processors do not typically process approve businesses that are considered high risk or high volume. Some of the reasons a standard payment processor such as Paypal, Stripe, or Square will not approve a high risk business include:

  • Increased Transactions: If your business generates a high volume of transactions, your payment processor must be capable of handling them. A standard and low volume payment processor may be caught off guard with the number of transactions you are processing.
  • Higher Chargeback Rates: Any business that deals with hundreds, or thousands of transactions each day, is taking on much greater risk. Businesses with more sales and transactions generally have a greater chargeback rate. Chargeback rates can scare standard payment processors away. Using a high risk merchant account is a way to alleviate any fears associated with losing your account.
  • Fraudulent Claims: As your business continues to expand, it is likely that you will experience an increase in fraudulent claims. As fraudulent claims rise, payment processors are skeptical of providing individuals with merchant accounts.

Risks of Using a Standard Payment Processor

When using a standard payment processor, or a low volume credit card processing service, your business may be at risk. A low volume credit card processing service such as Paypal or Stripe is not prepared or willing to accept a high volume of transactions.

As businesses scale and begin to sell more items or generate more cash flow, it is important to seek out the largest credit card processors by volume to protect your company. When you choose to use a standard merchant account, you may be at risk of having your account frozen, flagged, investigated, or even terminated. In many cases, standard payment processors are not required to provide a warning of any freezing or termination of accounts. If your account is unexpectedly terminated or frozen, you can no longer conduct business using your merchant account.

Advantages of a High Volume Payment Gateway

Working with the largest payment processors by volume and obtaining a merchant account is a way to protect your ability to conduct business. Keep these advantages in mind when searching for a high risk merchant account that is right for you:

  • Prevent Disruptions: Using a merchant account designed for high volume businesses allows you the ability to conduct business without interruption. Avoid having your account flagged or frozen while conducting business and processing transactions with a high risk merchant account.
  • Widespread Support: Working together with the largest payment processors is a way to gain additional support as an entrepreneur. A high risk payment processor is willing to support its clients and users as opposed to standard payment processors.
  • Minimize Risk: Minimize the risk you take on with your business with a high risk merchant account. While a standard payment processor may disable or terminate your account anytime, a high risk merchant service provider will not. A high risk payment processor will work on your behalf to ensure your ability to operate your business. With a merchant account that is designed specifically with high volume companies in mind, gain peace of mind while processing transactions.

Applying for a High Volume Merchant Account

Applying for a high risk merchant account requires you to submit personal information such as your name, mailing address, SSN, and even your tax ID (if applicable). You may also be required to submit banking information for both your personal and business bank accounts, depending on how long you have been in operation. Additionally, it may also be necessary to showcase your company's online or offline presence to prove your existence during the application process.

Running a business that deals with a high volume of transactions in any industry can cause disruptions. With a standard merchant account, disruptions and earning issues are extremely common. By working with the largest credit card processors by volume, provide your customers with more options while increasing the amount of revenue you generate. With the right high volume merchant account, continue to grow your business without being hindered by rules and regulations.

Partnering with PaymentCloud for High Volume

Working with our dedicated group of account representatives is a great way to secure a safe and secure high volume merchant account. They get to know your business’ needs and have the infrastructure to get you setup with any integrations and fraud prevention tools. This will guarantee that your merchant account will last the test of time.

Find out how we can make your life easier one transaction at a time.

Let us show you how easy it is to get started.
Contact us at 1-800-988-2215 or by filling out our simple online form

Full-Service Merchant Services

PaymentCloud is a full-service ISO dedicated to providing innovative solutions and unparalleled customer service. The merchant services field is antiquated to say the least; we aim to break out of the status quo. Our suite of innovative services was built to save you time and money.

Quick Deposits

As a business owner, you should never have to wait for access to your hard-earned capital! This is the reason PaymentCloud offers next day funding for ALL card types. We understand that merchants have bills to pay and need funds to run a successful business on a daily basis, so we do not make you wait to access your funds.

Next day funding benefits…

  • Businesses that process the bulk of transactions in the evening
  • Businesses located on the West Coast
  • Merchants who process heavy volume during the weekend
  • Businesses that have daily or weekly expenses like weekly payroll, restocking inventory and shipping costs

Your business already earned the money, so you shouldn’t have to wait for it! Contact PaymentCloud today to learn more at 1-800-988-2215.

Innovative Technology

PaymentCloud is an industry leader in product innovation and cutting-edge technology. We provide our merchants with payment processing solutions customized to their businesses types. Our terminal selections include the latest in EMV Smartchip technology, wireless options, countertop devices, and PIN Pad options.

We also offer mobile processing hardware and applications, tablet POS systems, and our secure online payment gateways. Your account executive will assess the needs of your business and set you up with the solution that best fits your needs.

Dedicated Account Rep

At PaymentCloud, customer and technical support are aspects of the business that we take seriously. Each of our account representatives is rigorously trained in merchant services, product specifications, pricing structure, and technical support. When you set up your account with PaymentCloud, you will be assigned one of our expert account representatives who will set you up with everything you need to process with us. Our customers’ needs and success are our first priority.

Your account representative will:

  • Assist you with filling out your application, which will help you get approved quickly
  • Walk you through setting up your equipment or electronic processing software
  • Go over pricing structure and Visa/MasterCard rates and fees
  • Notify you when industry and/or security updates arise
  • Provide you with personalized customer service when you need it and contact us

Competitive Rates

PaymentCloud is proud to offer competitive rates for payment processing services, including highly affordable equipment leases for terminals that accept swiped credit cards and keyed-in transactions. We’ll work with you and compete with other processors to give you our most affordable rates. We even offer FREE rate comparisons to show just how much you save.

Call a PaymentCloud account executive at 1-800-988-2215 to learn more about our low rates.