High-Risk Payment Processing

Shark Processing - High Risk Payment Solutions
At Shark Processing we know everything high risk payments. If you are struggling to find a merchant account due to your industries risk, then look no further. We are the high-risk merchant experts that can help you no matter your industry.

Usually, your industry will fall into the high-risk category for multiple reasons. It may not feel fair, but the acquiring banks make the final call and carefully evaluate their risk along every step of the way. Our team of high-risk payment processing experts has connections with domestic US and offshore banks that are willing to serve most industries.

Don’t get caught working with a lazy broker or ISO. We have a team of experts who have a range of payment solutions for every industry. Shark Processing has direct relationships with the banks and ISO’s who service the high-risk industries. With these connections and the volume of merchants we board, we are able to negotiate the best terms and rates for you.

Shark Processing only works with the best high-risk payment processing solutions. At the end of the day, we only get paid when you get paid, so we put a large focus on working with solutions that will have the most longevity in your industry.

 

High-Risk Industries Supported

 

Alcohol

The alcohol industry is one of the biggest of all, with statistics showing that the sales of alcoholic beverages in the US have consistently risen in recent years, rising up to in excess of $250 billion. In other words, demand for alcoholic drinks is rising all the time, and it’s up to alcohol industry businesses like manufacturers and retailers to keep up with that demand.

Auction

The internet has opened up a world of new industries and transformed the way countless business operate, all over the world. The auction industry is an excellent example of this, as online auctions have completely changed the game, making auctions more accessible to countless people worldwide and making the entire process of bidding, paying, and selling via auction a lot easier, too.

Automotive

The automotive industry is one of the most lucrative and important industries in the modern world. Statistics show that there are close to 300 million registered vehicles in the United States alone, with hundreds of millions more being bought and sold all over the world, and the demand for automobiles and automotive services shows no signs of going away in the years to come.

CBD

For many years, the cannabis plant was widely associated with recreational drug use and seen as something of a menace to society by many people. However, in recent years, scientific and medical studies have revealed that there are actually plenty of potential health and wellness benefits nestled among the leaves and plant matter of cannabis sativa.

Charter

Air travel is a really big part of life for many people, and each and every day, countless flights set off from the many different airports and airstrips all over the world. Some are short-distance flights, connecting cities in the same state or region, while others can be long-distance hauls, transporting passengers far and wide across the other side of the globe.

Crypto

For many years, traditional coins, bills, and cards were the only options people had when paying for goods and services, either in person or online, but then the concept of cryptocurrency was introduced, changing the game for the financial world and transforming the way in which many people pay for products for years to come.

Delta 8

In recent years, scientific studies of the cannabis plant have revealed all kinds of new uses and benefits of the plant itself and its many key ingredients like cannabidiol (CBD) and tetrahydrocannabinol (THC). One of the biggest breakthroughs in recent times has been the emergence of what is known as Delta 8 THC.

Firearms

The firearms industry is a hugely important one in the United States, as well as in other countries around the world. Statistics show that the sales figures of firearms for both hunting and defense purposes in the US have been rising steadily, year on year, with demand consistently increasing and countless people wanting to own their own firearms for security and other reasons.

Head Shop

Head shops, also known as smoke shops, can be found in many cities and locations all over the world. They stock and sell a range of products related to smoking and vaping, usually including the likes of pipes, hookahs, tobacco, bongs, cigars, rolling papers, vape devices, disposable e-cigs, and so on. And in recent years, many head shops have moved online to appeal to a wider audience.

Hemp

For a long time, the cannabis plant had a negative reputation. It was primarily associated with recreational drug use and seemed to have few redeeming qualities for general society. However, in recent years, studies and research have shown that this plant is a veritable miracle of nature, offering a wide range of possible medical and health uses, along with a myriad of other applications.

High Ticket

There are certain products and services, like daily essentials, that are available for low, affordable prices. Then, there are the so-called “high ticket” goods and services, sold for much higher prices than average. High ticket businesses come in many forms, from jewelers and retailers specializing high-end electronics to medical companies, tech companies, auto repair companies, and so much more.

Jewelry

Jewelry has always been an integral part of culture, with items of jewelry meaning a lot to the people who wear them. A wedding or engagement ring, for example, can hold special significance for a couple, while necklaces, earrings, and bracelets given as gifts or passed down through families can also be immensely important for people of all ages.

Kratom

Kratom is emerging as an increasingly popular natural health and wellness product, but the kratom industry is still seen as high risk. So, in order to set up a successful kratom business, you’ll need to have a reliable kratom merchant account. This is what will allow you to be able to receive payments online from your customers safely and securely.

Nutraceuticals

The nutraceutical industry is on the rise, growing bigger and more valuable with every passing year as more and more people seek out these unique dietary supplements to enjoy the many benefits they can provide. In the US, in particular, nutraceuticals and bioceuticals are becoming increasingly popular and starting to play a bigger role in the lives of everyday people.

Payday Loan

There are many situations in life in which people need to borrow some extra money. They might need it to cover unexpected costs like car repairs, for example, or simply to pay off their rent and other bills before their regular paycheck arrives. When money is needed quickly, many people turn to payday loans providers.

Penny Auction

There’s a lot of money to be made in penny auctions, but in order to succeed in this industry, you need the right penny auction merchant account to help with digital payment processing. These kinds of accounts can be difficult to obtain, due to the relative “high risk” nature of the penny auction business.

Pharmacy

The pharmaceutical industry is one of the biggest and most valuable in the United States, and it’s also one of the most reliable industries to be a part of, as the demand and necessity for pharmaceutical products will always be high. This steady stream of demand ensures that pharmacy businesses can make a lot of money consistently as the years go by.

Property management

The property management industry can be a complicated one, with a lot of different duties and responsibilities to juggle at any one time. Indeed, property management professionals need to be able to think about the needs and demands of tenants, vendors, and staff, all at the same time, and this can lead to a lot of complications and challenges for the average company.

Student Loan

Education is an immensely important part of life, which is why so many young people are encouraged and motivated to continue on after high school graduation and head to college for further education, rather than rushing right into the world of work. This allows them to obtain degrees and other qualifications to get better careers later on.

Subscription

Payment processing for subscription merchants can be a complicated process, as your payments will almost exclusively be collected online. This means that you’ll need a subscription merchant account in order to facilitate those payments. Getting a subscription merchant account with a regular bank can be a challenge, but Shark Processing can make the process much easier.

Tobacco

The tobacco industry is one that has been around for a long time, witnessing some big changes and adaptations over the years, but continuing to go strong through it all. Even as attitudes towards smoking cigarettes and cigars have changed over the years, the tobacco industry is still worth a lot of money, with a lot of demand from customers across the world.

Travel

The travel industry is one of the most valuable of them all, accounting for more than 10% of global GDP and literally hundreds of millions of jobs worldwide. Traveling has always been a popular passion and pastime for many people, but it’s become even bigger in recent years as standards of transportation and travel have improved and desirable destinations have become more accessible.