Get Approved for an Identity Theft Protection Merchant Account


We have multiple high-risk payment solutions for any ID theft protection business

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About Paydiverse

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

  • Apply Now

    Complete our quick and easy online application

    Digitally sign applications using your mouse

    Securely upload supporting documents

  • Get Approved

    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

  • Start Processing

    Payment Gateways are activated

    Gateway automatically distributes transactions across all merchant accounts

    Transaction distribution minimizes risk and ensures processing security

Identity Theft Protection Merchant Account

Identity theft is a terrible crime that can leave its victims spending years repairing damaged credit and recovering from the financial loss they’ve suffered. Stolen credit cards, ID cards and banking information all qualify as identity theft and it’s vital that citizens safeguard their information by using strong passwords and protecting their credit cards and IDs while traveling and shopping. In addition to financial hardship, identity theft is a crime that usually needs to be resolved by spending months, even years, combing through credit card transactions and requesting fraud chargebacks on any unauthorized purchases that have been made on accounts.

Unfortunately, while there’s plenty of preventative measures that each person can take to protect their identity, criminals will always find a way to steal sensitive data and use it to open fraudulent accounts or make unauthorized purchases. Luckily, there are companies that offer identity theft protection services to protect Americans from stolen credit cards and IDs. These businesses offer a range of products and services to help keep personal data safe and help people avoid the financial loss that comes with identity theft.

Merchants that offer identity theft protection services often require specialized merchant services that cater to high-risk industries. At PayDiverse, we offer merchant services for ID theft protection merchants and offer years of expertise in payment processing, chargeback protection, and fraud protection to every merchant we work with.

The High-Risks Associated with Identity Theft Protection Payment Processing

While these services are vital for many consumers, traditional banks often consider the nature of this industry to be high risk. The main reason for this is the high number of chargebacks businesses in this industry typically receive, due primarily to their billing methods.

Most often, identity theft protection services are billed on a month-to-month or annual basis, where the consumer authorizes a recurring payment. All businesses that utilize recurring payment billing to charge their customers are automatically considered a high risk due to frequent chargebacks. Even though authorization is usually obtained for recurring billing agreements, it’s not uncommon for customers to forget that they’ve subscribed to these services. This can be attributed to the fact that credit monitoring and identity theft protection is an industry that mainly operates on the basis that “no news is good news”, meaning that customers often don’t receive notifications until something suspicious has been flagged on their account. As a result of this, it’s common for customers to dispute the charge and chargebacks to be processed on these payments.

How PayDiverse Protects ID Theft Merchants from Chargebacks

At PayDiverse, we thoroughly understand the ins and outs of the identity theft protection industry and we have worked hard to tailor our services to merchants who protect their customers from stolen credit cards and identities. Our merchant services for ID theft protection include all of our industry-leading account features such as ACH/e-check processing, fraud protection, our secure payment portal, and most importantly, chargeback protection.

Real-Time Chargeback Alerts

Real-time chargeback alerts help identity theft protection merchants to avoid the pitfalls of excessive chargebacks by providing them with a notification instantly when a charge they’ve processed is disputed by the customer. This gives the merchant ample time to find and present proof of authorization to their host bank, payment processor, and/or the customer’s issuing bank.

It’s incredibly important to dispute all chargebacks that are unwarranted. This protects merchants from obtaining high chargeback ratios which can result in inconvenient account closures, and in the end, protects their bottom line.

Multi-Bank Processing

At PayDiverse, we have a large network of more than 40 banks who are willing to work with high-risk merchants across a multitude of industries. Our merchant services for ID theft protection ensure that merchants will be set up with a minimum of four of these banking solutions. We’ll process transactions across all banks in the merchant’s network in order to reduce the risk of exposure and thus, prevent excessively high chargeback ratios.

Apply for Your Merchant Account with PayDiverse

If you’re in the business of protecting people from stolen credit cards and IDs, apply for merchant services for ID theft protection with PayDiverse.

It’s easy to apply online, and upon approval, you’ll be able to begin processing payments within 48 hours. Get started with PayDiverse today!

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.