Shopify High-Risk Payment Processors for Secure Sales
If your business falls into a high-risk category, finding the right tools to process payments safely is essential. This guide highlights the best Shopify high risk payment processors that help protect your store from fraud and chargebacks.
We’ve included a detailed Shopify high risk payment processors list to make your search easier. These processors are built to handle sensitive transactions and support industries that Shopify Payments may not allow.
You’ll also learn how to apply for a Shopify merchant account through third-party providers that work with high-risk businesses, making sure your payments are secure and your store runs smoothly.
Shopify High Risk Payment Processors: What They Are and Why You Need One
"High-risk payment processing" means how payment gateways and processors attribute a higher risk of chargebacks or refund requests to specific companies and sectors. Factors such as the kind of industry or the merchant's prior payment processing history are used to determine this categorization.
For traditional payment processors, opening merchant accounts with high-risk companies is usually difficult. Entrepreneurs who have made the correct choice should be aware of the differences between a payment processor and a payment gateway. For example, the bank that issued the customer's payment card and the merchant's bank communicate through T1 Payments. Entrepreneurs in these situations must collaborate with specialized processors prepared to manage high-risk transactions.
What Does Shopify Consider High Risk?
Shopify uses two primary criteria to classify some companies as high-risk. Such as:
Industries at High Risk
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Strictly regulated sectors: Companies operating in the playing games, pharmaceutical, or cryptocurrency exchange industries are deemed high-risk because of the stringent regulatory and compliance requirements. Payments for these sectors are not supported by Shopify.
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Digital products: Because they don't have a physical location, things like software, audio downloads, and virtual items are more likely to be charged back.
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Restricted or contentious products: Due to moral dilemmas and regulatory restrictions, companies that offer tobacco, adult goods, or firearms are classified as high-risk on Shopify.
High-Risk Order Characteristics
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Suspicious information: Transactions done through proxy servers, the use of free email services, and mismatched billing and shipping addresses are frequently signs of possible fraud.
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Unusual buying patterns: Shopify alerts transactions from areas notorious for fraud, huge orders that far surpass average sales, or several purchases sent to the same address quickly.
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Payment methods that are dubious: Orders that use pre-paid cards, credit card information that has been stolen, or quick transactions from the same card may indicate fraud.
To assist them in managing risk, Shopify offers merchants a fraud analysis tool that evaluates orders and generates a risk score. When deciding whether to confirm, cancel, or proceed with a transaction, entrepreneurs can use this tool.
Top 6 Shopify High Risk Payment Processors List
A list of high-risk payment processors on Shopify include:
1. Paykings
A St. Petersburg-based licensed payment service provider (PSP), PayKings specializes in Shopify high-risk payment processors. Because of the dangers associated with the sector, it serves companies who frequently have trouble finding trustworthy payment processing.
Key Features of PayKings
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Comprehensive High-Risk Merchant Services : PayKings provides sophisticated high-risk payment processors for Shopify that enable merchants to effectively monitor batch totals and individual transactions.
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Support for Industry: It supports a number of high-risk businesses, including debt collection, e-cigarettes and vaping, online dating, guns, nutraceuticals, and adult entertainment.
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Global Merchant Services: Its capacity to assist foreign companies is one of its most notable attributes, which facilitates online merchants' worldwide expansion.
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Enhanced Security: PayKings guarantees safe transactions and safeguards private client information thanks to PCI DSS Level 1 compliance.
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Competitive Pricing: There is only a 1% markup over brand interchange costs for card transactions, making the processing prices fair.
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Fraud and Chargeback Protection: Companies that take proactive measures to prevent fraud and chargebacks gain extra protection.
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Numerous Payment Options: Debit cards, gift and loyalty cards, and popular credit cards like VISA, Discover, and MasterCard are just a few of the many payment options that retailers can take.
2. eMerchantBroker (EMB)
High-risk payment processor Shopify, eMerchantBroker (EMB), is a well-known brand that provides customized solutions for companies that struggle to obtain dependable payment processing. EMB provides a wide range of solutions with a focus on security and risk management to help companies handle chargebacks and stop fraudulent transactions.
Key Features of EMB
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Chargeback Prevention & Management: Sophisticated solutions assist companies in effectively managing and reducing chargebacks, hence reducing losses.
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High Approval Rates: EMB has a reputation for accepting merchant accounts with high levels of risk that many traditional processors may turn away.
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Fraud protection: To protect transactions from fraud, the platform provides advanced fraud detection and monitoring services.
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PaymentCloud: a reliable payment gateway intended to assist high-risk companies. Established in 2010, the California-based company PaymentCloud has a wealth of experience assisting high-risk companies in locating dependable payment processing solutions.
3. Authorize.net
Authorize is one of the best high-risk payment processors on Shopify. However, one of Authorize.net's main advantages for small and medium-sized businesses in need of secure and reasonably priced payment processing is its connections to a network of third-party processors, which let merchants select an appropriate payment partner without having to pay account setup fees.
Key Features of Authorize.net
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Smooth Third-Party Integration: This feature allows merchants flexibility by being compatible with a number of third-party gateways.
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Virtual Terminal Support: Enables companies to process payments efficiently by offering free integration with virtual terminals.
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High-Risk Merchant Support: This service helps match high-risk companies with payment processors who take them.
4. DigiPay
With its capacity to monitor consumer behavior, avoid chargebacks, and control fraud risks, DigiPay is included in one of the high-risk payment processors designed exclusively for high-risk e-commerce companies, particularly those engaged in the processing of hemp CBD payments. DigiPay offers retailers the resources they need to efficiently handle transactions while lowering risks, and it interacts with Shopify sites with ease.
Key Features of DigiPay
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Risk management: It helps retailers identify and lessen fraud by using advanced monitoring technologies.
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Chargeback prevention: prevents chargebacks by using proactive fraud protection measures.
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Customer behavior analysis: By examining customer behavior, companies may improve payment choices and boost sales.
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ACH Check Processing: Enables electronic check processing, which streamlines transactions.
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Cash Discount & Currency Conversion: This functionality gives merchants cost-saving choices and permits transactions in many currencies.
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Economical Processing: enables companies to lower the costs related to payment processing by leveraging a large network.
5. WorldPay
Worldpay is also included in one of the top Shopify high-risk payment processors because of its reputation for safely managing high transaction volumes around the globe. Worldpay provides Shopify companies in high-risk sectors with a strong and dependable way to accept payments quickly while maintaining security and compliance.
Key Features of WorldPay
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Global payment processing: This is ideal for businesses with international clients because it enables cross-border transactions.
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advanced security techniques: These techniques include risk management, encryption, and fraud detection systems to protect transactions.
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comprehensive analytics and reporting: these techniques offer a multitude of data, such as payment details, sales trends, and customer behavior, to support decision-making.
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Tailored Payment Solutions: tailored payment solutions, which enable businesses to modify payment options to suit their own and their clients' needs.
6. Trustpayments
A reputable payment processor that is aware of the particular difficulties faced by high-risk companies is TrustPayments. It offers a complete solution that addresses every facet of payment processing, giving Shopify business owners peace of mind.
Important Features
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Industry Knowledge: Trustpayments can assist you in negotiating the intricacies of high-risk e-commerce because of its industry-specific expertise.
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Chargeback Prevention: Prevent chargebacks and safeguard your revenue by using efficient methods and resources.
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PCI Compliance: Your transactions will be as safe as possible thanks to Trustpayments' PCI DSS Level 1 certification.
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Payment Optimization: Feature optimization to lower cart abandonment and boost authorization rates.
Criteria of Choosing Payment Processors for Shopify High Risk Businesses
For a high-risk payment processors, the following important factors need to be carefully considered when choosing a payment processor:
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Effective Security Practices: Advanced fraud detection systems are necessary for high-risk firms since they are more susceptible to fraud and chargebacks.
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Simple Shopify integration: Shopify's processor integration makes the checkout process smooth and trouble-free.
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Clear Charges: Businesses that pose a greater risk typically incur higher processing costs. It is possible to avoid unpleasant shocks by clearly defining fees, transaction fees, and any other unanticipated expenses in advance.
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Customer service: Excellent customer service is essential when it comes to payment-related problems.Problems could be fixed faster with a processor that offers prompt customer support.
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Established Reputation: Selecting a processor with a strong history of managing high-risk transactions guarantees dependability and knows how to handle issues unique to the business.
By giving priority to these elements, owners of Shopify stores may identify a payment processor that minimizes risks while meeting their business requirements.
Conclusion
Choosing the right solution is crucial for Shopify high risk businesses that face greater risks of fraud and chargebacks. The right provider offers strong security, fraud protection, and peace of mind while keeping your store compliant and running smoothly.
By exploring the top options and understanding what does it mean Shopify high risk payment processors, you're taking a smart step toward safer, more reliable transactions. When choosing a provider, look for clear pricing, responsive support, and smooth Shopify integration.
With the right tools, your business can grow with confidence even if you’re flagged for a Shopify high risk order.
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