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After getting turned down by so many mainstream processors because of our business model, I honestly thought we were stuck using clunky offshore solutions forever. Then we found WalletPlug and everything changed. Their high risk merchant account setup was way smoother than I anticipated. They actually took the time to understand our business rather than just auto rejecting us. The onboarding took a little longer than a standard processor, but for high risk it was honestly lightning fast compared to others Ive heard about. We went from application to live processing in less than two weeks including all the underwriting. The rates are competitive too, not predatory like some high risk payment processors try to pull. Our chargeback ratio has actually improved since switching because their dashboard lets me see patterns in real time. I can catch potential issues way before they become problems. If you are a business that other processors have labeled high risk, do yourself a favor and talk to these guys.
United Kingdom