High Risk Merchant Account Logo

High Risk Merchant Account


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2 User Reviews
LAST UPDATED: June 27th, 2019

Founded in 2015, High Risk Merchant Account LLC ( HRMA-LLC ) provides merchant services to business owners in high-risk verticals that otherwise have no alternatives for payment processing. The company claims to approve "practically every business type" including those that have been rejected for payment processing. According to its website, the company also supports high volume merchants as well as high volume arch processing. HRMA-LLC offers e-commerce gateways, CRM integrations, credit card POS solutions, and virtual terminals.

Top Ranked Companies


The Good

  • Online Transparency
  • Inclusive Services
  • Contract Option

Online Transparency

HRMA-LLC provides significant online transparency regarding business types and fees. The company, unlike some other merchant account service providers, does not have any upfront costs or hidden fees for its services. The high-risk transaction rates are as follows:

Online Transaction Fee

  • Starting percentage — 3.95%
  • Per transaction — $0.35

POS Transaction Fee

  • Starting percentage — 3.95%
  • Per transaction — $0.35

Mobile Payments Fee

  • Starting percentage — 3.95%
  • Per transaction — $0.35

HRMA-LLC does not charge a startup fee, a setup fee, any application fees, a reprogramming fee, a training fee, or a gateway setup fee. The company does, however, charge an affordable monthly statement fee of $10.00.

Inclusive Services

HRMA-LLC provides high-risk merchant services to a wide variety of businesses and industries including the firearms dealer industry, e-cigarette and vape stores, credit repair restoration agencies, cigar website online sales, the travel industry, student loan doc prep merchants, MLM product sales, furniture stores, online sales, and much more. The company even states on its website that it will provide payment processing solutions to businesses that have not qualified for traditional payment processing.

Contract Option

The company offers merchants the option of choosing a month-to-month contract. Some other merchant account service providers do not allow merchants to choose a month-to-month contract option. The month-to-month contract option allows high-risk merchants to have more flexibility when it comes to choosing the right payment processing service for their business.


The Bad

  • Limited Service Information

Limited Service Information

Although HRMA-LLC does provide information regarding which business types it services and what fees it charges, the company does not seem to provide much information concerning services, equipment technology, and other features and benefits it may provide. Merchants who want this type of information must contact the company directly.


The Bottom Line

HRMA-LLC offers high-risk payment processing solutions to a wide variety of businesses and industries. The company has great online transparency regarding its fees and business types. HRMA-LLC also provides the option for merchants to choose a month to month contract instead of an annual contract. Unfortunately, HRMA-LLC does not disclose some important service and equipment information on its website. Merchants must contact the company directly for more service information and details.

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