What is “the best” high-risk payment gateway?

Well, it could be NMI, Authorize.Net, or ePN. It really depends on a number of factors. This is not clickbait, and it’s not a sales funnel; which high-risk payment gateway is the best for you really does depend on your business type and details.

We’re often asked what high-risk payment gateway is the best, and unfortunately, the answer sometimes sounds a little bit like a sales pitch. Every time we answer it with some variation of “it depends, let’s talk about your business,” our answer reminds us of the frustration felt when someone tries to get basic information from a contractor by phone. The follow-up question we often get is “can’t you please just give me a simple answer before I carve out time on a Tuesday to talk to you?” and we’d love to. Unfortunately, with our experience in high-risk payments, we know that more likely than not, there is no black and white answer to which high-risk payment gateway is best for you. Not without more details about how your business operates and what you want to sell.

But, why isn’t there a simple answer?

It is a good question, and luckily there is a good answer. Below are a few examples of why the answer is so nuanced and why we always recommend folks call us or contact us to discuss their exact situation.

High-risk payment gateway example #1: an Internet warrior using LimeLight

You are an internet marketer who needs a payment gateway, and processing recommendation operates 6 different make money from home and e-book websites and who uses a handful of both high-risk and low-risk merchant accounts. You use the LimeLight CRM. Well then…..you are a textbook example of the type of merchant who would really love NMI (Network Merchants). You would be able to not only seamlessly integrate with LimeLight, but you would be able to log in, pull reports, and manage all your merchant accounts through one master login. You could use the NMI account balancer to direct your high-risk products to your higher cost merchant accounts and your low-risk products to your low-cost accounts (with your processor’s blessings of course). You could even create custom routing based on volume, average ticket, SKU, etc.! See! NMI is the best. Unless…

High-risk payment gateway example #2: a vape website using Shopify

You are a medium sized e-commerce business selling electronic cigarettes and e-juice on Shopify Well, your business is mostly online, but you do make some wholesale deliveries and accept some payments in person. Lastly, you are going to start using Shopify as your site building software. Well, in this case, the answer is obvious! Authorize.Net is the best payment gateway for you (in our humble opinion). It will integrate so seamlessly with Shopify you will think of them like cookies and milk! (well, you know what I am trying to say). Payments will automatically post, we will be able to make a solid vape friendly merchant account recommendation, and you will be off to the races! See? What did we tell you? Authorize.Net is it! But wait, there’s more!

High-risk payment gateway example #3: an online FFL dealer looking to accept credit cards

You are an FFL dealer with a successful retail shop. You want to expand your reach. You do everything by the book. You are ready to start selling firearms on your WooCommerce site, and also on the two most popular auction sites. Well, no gateway appears to be more entrenched in the FFL community (judging by our unscientific, not vetted surveys!) than eProcessing Network. ePN will plug right into the big boys of FFL auction sites in 5 minutes, and you will be off to the races!

Need a high-risk payment gateway and processing recommendation?

The examples above are just a few of the thousands of different types of online stores out there. The world of payment gateways, high-risk merchant accounts, shopping carts, and site builders can be overwhelming. Don’t go it alone. We are happy to help. We are always excited to share out experiences and help a fellow e-commerce warrior. Contact us anytime using the form below to ask a question, or to get started.

Looking for a high-risk solution? Give us a call, or contact us anytime.