Get Approved for a Continuity Billing & Negative Option Merchant Account
We have multiple high-risk payment solutions for recurring & subscription billing merchants
Our Team has 20+ Years of High-Risk Payment Processing Experience
We have the largest network of high risk banks in the industry, and growing! Paydiverse has thoroughly tested numerous processing banks to understand which are the perfect fit for every high-risk merchant account category. We have a diverse array of solutions per business type unlike anyone else in the industry.
- 24-48 Hour Payouts
- Lowest Rates, Multiple Bank Approvals
- Fast Approvals
- 100% Digital Application
Secure Payment Processing
In 3 Simple Steps
Complete our quick and easy online application
Digitally sign applications using your mouse
Securely upload supporting documents
Applications are sent to all banks that have pre-approved you
Banks will review and determine a processing limit
Daily updates sent with additional documents and final approvals
Payment Gateways are activated
Gateway automatically distributes transactions across all merchant accounts
Transaction distribution minimizes risk and ensures processing security
Continuity Billing & Negative Option Merchant Accounts
Unfortunately, because of the risk that recurring billing, subscription billing, and automatic billing poses to payment processors, merchants who utilize these business models have been deemed high-risk and therefore, are usually unable to obtain processing accounts from traditional banks and mainstream payment processing companies. The only hope many of these merchants have of obtaining a payment processing account is by working with a processor that offers high-risk merchant accounts. While there are many payment processors that cater to high-risk merchants, only PayDiverse offers a full range of industry-leading account features at low rates that help high-risk merchants reduce chargeback ratios and keep their business operating smoothly.
High-Risk Merchant Accounts for Merchants Who Use Negative Option and Recurring Billing
Real-time Chargeback Alerts and Chargeback Dispute Support
Using a subscription billing or automatic billing agreement to obtain payments from customers often results in a high volume of chargebacks. That’s because customers often forget that they’ve agreed to a recurring billing cycle and request a reversal of charges, or they haven’t read or fully understood the terms they agreed to when signing up for a product or service. In many cases, merchants don’t provide customers with enough information to easily request a refund or cancel their billing agreement. This leads to customers requesting a chargeback from their issuing bank or credit card company. In the event that chargebacks occur too frequently, payment processors or their supporting banks may choose to freeze a merchant’s assets or close their account altogether.
At PayDiverse, we make it simple for merchants to keep chargeback ratios low. Our real-time chargeback alerts notify merchants as soon as a chargeback has been initiated on their account. This gives merchants the opportunity to provide evidence to their bank or payment processor that the customer authorized the transaction. Disputing chargebacks is the best method for protecting merchants from unwarranted chargebacks, and PayDiverse works hard to support merchants throughout this process.
Keeping Chargeback Ratios Low and Reducing Exposure with Multi-Bank Processing
While this method works well to reduce exposure, there are some instances where high chargeback ratios simply cannot be avoided. In the event that this occurs and a supporting bank freezes or closes a merchant account, each merchant has a minimum of three backup banks available to continue processing their payments, meaning their sales and business operations will remain unaffected.
Getting Started With PayDiverse
If your business has been unable to obtain an affordable payment processing account with a traditional bank or payment processor, or if you’ve experienced inconvenient account closures in the past due to your subscription billing model, PayDiverse can help.
Our merchant accounts come fully loaded with an array of convenient features that have been developed specifically for high-risk merchants, including:
- Chargeback Alerts and Dispute Support
- Multi-Bank Processing
- Offshore Banking Solutions
- Award-Winning iSpy Fraud Prevention Software
- Secure Payment Gateway
- ACH/E-check Processing
- Pinless Debit
- 24/7 Support
- Online Merchant Portal
We approve 98% of applicants and make it easy to start processing credit and debit card payments fast. To get started with PayDiverse, simply complete and digitally sign our online application and send it in along with your supporting documents. We’ll let you know if we’re able to approve you within about 24 hours.
Upon approval, you’ll be set up with your secure payment gateway and all of PayDiverse’s services within 48 hours so you can start billing and processing payments right away.
Diverse Payment Processing is Smart Processing
Fill out our free and quick merchant account application and let us match you with many banks that want your business.