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
Integrate your Payment Gateway with the backend of your site
Start accepting payments from your customers immediately
Teeth Whitening Merchant Accounts
The teeth whitening industry has seen exponential growth in recent years. In fact, by 2024, it’s expected to be come a $7.4 billion industry. With the recent popularity of home teeth whitening devices and treatment kits, as well as clinical teeth whitening services, it may seem that teeth whitening is an industry that traditional banks would look upon highly and want to be a part of. That’s simply not the case, though. In fact, merchants who provide teeth whitening goods and services and generally unable to obtain payment processing accounts from traditional banks due to the high-risk of chargebacks associated with their industry.
The High Risks Associated With Teeth Whitening Merchants
When it comes to teeth whitening, there are many merchants who’ve recently come into the market. While many are offering a product that successfully gives the customer a whiter smile with proper use, many others unfortunately make unsubstantiated claims about the efficacy of their product. Unfortunately, this, along with the simple fact that the effectiveness of products such as teeth whitening mouthpieces and teeth whitening treatment kits are relatively subjective, has resulted in a high number of chargebacks for many merchants in the teeth whitening industry.
When chargeback ratios on merchant accounts become too high, accounts are often frozen or closed. This leaves the merchant unable to process credit or debit card sales and for many, it means being unable to process sales at all.
How PayDiverse Protects Teeth Whitening Merchants from Chargebacks
At PayDiverse, we understand the teeth whitening industry and the risk associated with selling home teeth whitening devices. Our merchant account services have been created with big-risk industries like teeth whitening in mind and are meant to protect from unwarranted chargebacks with a multitude of security features.
If a customer has purchased a teeth whitening mouthpiece, teeth whitening treatment kits or other clinical or home teeth whitening devices or services and has decided they are not pleased with the efficacy of the product, they may desire a refund on their investment. In many cases, teeth whitening devices are non-refundable, and therefore, the customer chooses to request a chargeback on their purchase through their credit card issuer. Chargeback like these are often unwarranted and can be detrimental to merchants.
This is why PayDiverse offers real-time chargeback alerts. Merchants receive a notification instantaneously whenever a chargeback has been requested on their account. With this early warning, the merchant is then able to obtain proof of authorization for the transaction to their payment processor or to the customer’s issuing bank and dispute the chargeback before it’s too late.
Multi-Bank Payment Processing
One of the best ways we protect merchants who sell home teeth whitening devices, other teeth whitening products, or teeth whitening services, is by setting each merchant up with a network of host banks that payments can be processed across. By alternating payments between at least four banks, exposure is drastically reduced and the risk of chargeback ratios becoming too high is much lower.
In the event that one bank in the merchant’s network freezes or closes an account due to excessive chargeback or for any other reason, the merchant is able to rely on the remaining banks in their network to continue processing sales.
At PayDiverse, we have a large network of more than 40 banks both in the United States and offshore who are ready and willing to work with high-risk merchants, such as those who sell home teeth whitening devices.
Getting Started with PayDiverse
If you’re a teeth whitening merchant and you’ve previously been rejected for a merchant account by traditional banks, or if you’ve previously had a merchant account closed due to a high chargeback ratio, PayDiverse may be able to help. We approve 98 percent of applicants and offer low-rate merchant services with a broad range of useful features.
To get started, simply complete and digitally sign our online application and send it in along with the requested supporting documents. Within 48 hours of approval we can have you up and running with our secure payment gateway and all the features that come along with our high-risk merchant accounts.
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.