Looking for a Bad Credit Merchant Account?

Look no further than PayKings. We’re not just experts at what we do - we’re leading the industry as High Risk Merchant Account Providers for getting your business set up and ready to accept payments - regardless of Bad Credit

Got Payments?

Get A Free QuikQuote™

Your No-Obligation QuikQuote™ request will be processed in less than 6 hours
Rates as Low as 1%*
  • Contact Info

*Rates are quoted as % above card brands interchange costs, dues, fees, and assessments.

Need to Open a Bad Credit Merchant Account?


A business that needs a bad credit merchant account is classified as high risk, and this classification can occur for a variety of reasons. That being said, regardless of the reasons why, being a high risk business can make it extremely difficult to find a reliable credit card processor. You need an experienced payment processing company, like PayKings. We specialize in working with high risk merchants, eCommerce, and businesses who operate solely as card-not-present merchants. What’s more, is that we have relationships with multiple acquiring banking partners that offer bad credit merchant accounts.

Have You Lost Payment Processing for Your Bad Credit Merchant Account?

When your FICO score is low, or you have bankruptcy in your credit history, you become a high risk contender right off the bat. This is because your credit report is such a primary factor in banks deciding whether or not to work with you. With over 90 million Americans falling into the bad credit category, it can only mean one thing – real solutions for acquiring a bad credit merchant account are there and available to you – you just need to know where to look.

Your bad credit merchant account will function in the same way as a short-term loan from the bank’s credit card processor, this means that any mishaps with funds being refunded or canceled will fall directly on you – the business owner’s shoulders.

Things like credit card chargebacks can become a huge issue for merchants and when a bank sees chargebacks occur regularly, this can also push merchants into the category of being high risk. Think of it like this: when you make a sale, you expect the funds to be in your account within 12-48 hours, which is a pretty typical turnaround time for card-not-present merchants. However, it can take your bank up to 30 days to see those funds come in on their end.

So, let’s say you get paid for a sale but as it turns out, the credit cards used for the purchase were stolen and the bank doesn’t end up getting paid. Where do you think they will come looking for that money? That’s right, they’ll come to you. This is how your personal credit score comes into play – the banks look to this as a track record of your ability and willingness to pay up in situations like these. And this is why when you have bad credit, banks may not choose to provide payment processing for your business, it’s too much of a gamble and the risk is too high – which is exactly why you need a bad credit merchant account.

What is a High Risk Bad Credit Merchant Account and How Can PayKings Help?

Individuals who apply for payment processing through a bank who happen to have a credit score of 580 or less are considered bad credit merchant accounts, which means that applying on your own, without an expert in this industry makes the chances of getting approved very low. The term bad credit merchant account in itself quite simply means a merchant account for a business owner who has poor or bad credit, typically when it comes to their FICO score. Banks and creditors, underwriters in general, take your credit score into account in a big way when considering whether or not to approve a business for a low risk merchant account. In the case of a business owner who has poor or bad credit, that merchant is considered to be in need of a high risk credit card processor if that business intends to accept debit or credit cards – in which case, they will have to attain a bad credit merchant account with a company like ours.

How Does Being High Risk Affect Your Chances of Getting a Bad Credit Merchant Account?

Businesses that are considered high risk have to know who the right processors are. Those high risk merchant account providers that are willing to process transactions for your high risk business, reputable companies like PayKings, offer solutions to those businesses that need it most. These payment processors are willing to accept the liability for the increased risk associated with those categorized as high risk businesses.

Surprisingly, most merchants who do fall into this class are typically unaware of it. So, how do you know whether or not you fit into the category of high risk? Click here for a full list of high risk merchants. It’s important that you don’t get discouraged if your business is categorized as needing a high risk or bad credit merchant account, we’re here to help!

Why PayKings?

PayKings understands the unique needs of different Bad Credit related businesses and has established 24+ acquiring banking relationships to become an expert in getting bad credit merchant accounts set up and accepting online payments as soon as today.

We’re here to offer options to those entrepreneurs and merchants who have low credit scores or poor credit histories, bankruptcies, or who need no credit check merchant accounts. You’ll find everything you need in one place with PayKings. Think of us as your one-stop-shop for all payment processing needs.

Looking for a Bad Credit Merchant Account?

Our Services

Bad Credit Merchant Account Experts

  • 20+ Proven Bank Relationships
  • Medium/High Risk Accounts
  • Fast Bad Credit Account Approval
  • Large Merchant Case Studies
  • E-Commerce and Retail Options
  • B2B Vendors Supported

Multiple Payment Solutions

  • Multiple E-Commerce Gateway
  • Chargeback Prevention
  • ACH
  • E-Check
  • Credit Cards
  • B2B-Level II/III Data Discounts
  • 3D Secure Frictionless Checkout
  • Mobile Payment
  • EMV Readers

Intuitive Compatibility & Support

  • Gateway Recurring Billing
  • Vault
  • E-Commerce Cart Plugins
  • Developer API / Docs
  • POS/Terminals
  • International Merchant Accounts
  • Dedicated Account Managers

Ready to get started?

Start Accepting Payments Today

Apply for a merchant account