HIGH RISK MERCHANT ACCOUNT

CERTIFIED HIGH RISK PROCESSING EXPERTS IN CANADA

Structure Payments is recognized as certified experts in high-risk payment processing throughout Canada. Our specialized certifications and in-depth knowledge of the Canadian regulatory landscape enable us to offer tailored solutions to businesses operating in high-risk industries across the country. Whether it's navigating provincial regulations or adhering to national standards, Structure Payments is equipped to provide secure and compliant payment processing services. As a trusted partner, we bring our expertise to businesses in every corner of Canada, ensuring they can manage their unique challenges with confidence and reliability.

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102

Canadian Customers

Financial Institutions

WE PROVIDE MERCHANT ACCOUNTS IN CANADA

Newfoundland and LabradoR NL

Prince Edward Island PE

Nova Scotia NS

New Brunswick NB

Quebec QC

Ontario ON

Manitoba MB

Saskatchewan SK

Alberta AB

British Columbia BC

Yukon YT

Northwest Territories NT

Nunavut NU

CANDA GOING CASHELESS?

According to the 2021 Methods-of-Payment Survey Report in Canada there is a decrease in the frequency of cash transactions, yet consistent dollar value proportions. The proportion of purchases made with cash dropped to 22% in 2021, marking an 11-percentage point decrease from 2017. This downward trend extends back to 2009 when cash transactions dominated at 54%, and 2013 when cash accounted for 44% of transaction volume. Even for purchases under $15, cash no longer holds a dominant position, representing just over one-third of the transaction volume share, similar to that of credit cards. Despite this decline in transaction frequency, the share of cash purchases by dollar value remained at 14% in 2021, comparable to the 15% recorded in 2017.

CANDA GOING TO CONTACTLESS PAYMENTS?

The Survey Report also says there there is a decrease adoption of contactless payments. Findings indicate that 66% of in-person debit card transactions and 82% of in-person credit card transactions utilized the contactless tap-and-go feature. This surge in contactless payments has contributed to the rising volume share of credit card transactions, displacing cash. However, the value share of credit card transactions has only experienced a marginal increase of six percentage points since 2017, reaching 62%, as these transactions are typically capped for security reasons.

As Canada transitions towards becoming increasingly cashless, it's imperative for businesses, particularly those deemed high-risk, to adapt to the changing landscape. With cash becoming less prevalent in everyday transactions, having a reliable credit card processor is essential for ensuring smooth and efficient payment processing.

High-risk businesses, such as those in industries like gambling, adult entertainment, or pharmaceuticals, often face greater scrutiny and challenges when it comes to securing payment processing solutions. Traditional financial institutions may be hesitant to provide services to these businesses due to perceived higher levels of risk associated with their operations.

However, with Canada's shift towards cashless transactions, the demand for credit card processing solutions for high-risk businesses has never been greater. These businesses need a processor that understands the unique challenges they face and can provide tailored solutions to meet their needs.

A reputable credit card processor specializing in high-risk industries can offer features such as:

Risk management tools: Advanced fraud detection and prevention measures to safeguard against chargebacks and fraudulent transactions.

Flexible underwriting: Understanding of the specific risks associated with different industries and willingness to work with businesses to find suitable processing solutions.

Competitive rates: Transparent pricing structures with competitive rates to ensure affordability for businesses while still providing high-quality service.

Secure payment gateway: Secure, reliable payment gateways that comply with industry standards and regulations to protect sensitive customer data.

Dedicated support: Access to knowledgeable and responsive customer support representatives who can provide assistance and guidance as needed.

By partnering with Structure Payments that specializes in serving high-risk businesses, Canadian entrepreneurs can navigate the transition to a cashless economy with confidence, knowing that their payment processing needs are in capable hands.

WHAT IS A HIGH RISK PAYMENT PROCESSING AND DO YOU NEED IT?

High risk payment processing refers to the specialized handling of payment transactions for businesses that are deemed to have a greater level of risk associated with their operations. Industries or businesses categorized as high risk typically face elevated levels of chargebacks, fraud, and regulatory scrutiny. This can include sectors such as adult entertainment, online gaming, travel, subscription services, and others. High-risk processing involves employing advanced risk management tools and strategies to mitigate potential financial losses and ensure the security of transactions. Payment processors specializing in high-risk accounts often provide tailored solutions, including robust fraud prevention measures, chargeback management, and compliance support to help these businesses navigate the complexities of their industry.

Businesses may require high risk processing for various reasons. Firstly, they may operate in industries with a history of high chargeback rates, making traditional payment processors hesitant to work with them. Additionally, companies facing legal or regulatory uncertainties, such as those in the cannabis, vape, subscription, MLM, coaching, consulting, or cryptocurrency sectors, may opt for high risk processing to ensure compliance with evolving regulations. Ultimately, high risk processing enables these businesses to access essential payment services, manage risks effectively, and continue operating despite the unique challenges associated with their industry.

STRUCTURE PAYMENTS ENABLES SUCCESS

Structure Payments excels in assisting businesses similar to yours in overcoming payment processing challenges. Our proficiency lies in providing customized merchant accounts specifically crafted for all high-risk businesses and services, seamlessly aligning with your business objectives. With years and years of experience, we have committed ourselves to assisting high-risk companies across various industries, elevating customer service, and aiding them in gaining a competitive edge, ultimately propelling their success.

Structure Payments is proud to offer continuous, around-the-clock customer support, establishing a benchmark for accessibility and responsiveness within the payment processing industry. Our devoted customer support team is ever-ready to aid clients by delivering prompt and effective solutions to inquiries, concerns, and technical issues. Whether it involves troubleshooting, guidance on account management, or addressing pressing matters, our team remains available at all hours, ensuring that clients receive the necessary support. This unwavering commitment to ongoing assistance reflects Structure Payments' dedication to client satisfaction, building trust and confidence in our services. With our 24/7 customer support, clients can be confident that a dependable partner is accessible whenever they need assistance, contributing to a smooth and successful experience with Structure Payments.

Enroll today and, within just 2 days, initiate enhanced processing capabilities for your business with the support of our skilled team, proven tools, and merchant account.

HIGH RISK BUSINESSES CHOOSE STRUCTURE PAYMENTS

Structure Payments comprehends the distinctive requirements of diverse businesses associated with high risk and has forged connections with many acquiring banks, positioning us as specialists in facilitating online payment acceptance for companies.

GROW YOUR HIGH RISK BUSINESS

Structure Payments stands as the premier selection for merchant services within the all high risk industries. Our central objective is to provide lasting merchant accounts, empowering our clients to grow their businesses without apprehensions about frozen funds. It is vital to collaborate with a company adept at managing various forms of industry compliance and standards.

With years and years of professional experience, we bring a wealth of knowledge and expertise that instills confidence and nurtures success for our merchants. Our services include chargeback protection, a resilient underwriting process, and remarkably low rates, establishing Structure Payments as the leading provider for all high risk merchant accounts.

TESTIMONIALS

What Our Customers Say

Structure Payment's team is always available to answer questions and makes the process easy. Highly recommend!

Susan Peterson

Owner, Seaside Dispensary

High Risk Merchants Choose
Structure Payments

High risk merchants choose us for all the right reasons

HIGH APPROVAL

With years and years of experience we know how to get high risk businesses approve with the major carriers. Sign up and you can immediately start your application process online.

FAST IMPLEMENTATIONS

We have fine tuned the high risk merchant account implementation to get your business approved and processing in days not weeks or months. We have many merchants approved in a few days.

LOW RATES

High risk merchant accounts who use Structure Payments experience some of the lowest rates in the industry. Our in-house experienced professional underwriters help reduce risk, thus lowering rates.

SAME DAY FUNDING

Structure Payments provides merchant account services that grant you access to collected funds on the same day. Our services enable seamless account reconciliation and efficient management of expenses.

PAYMENT GATEWAYS

Out secure exchange of credit card information between banks, customers, and websites is best in the business with our proven payment gateways.

ECOMMERCE INTEGRATIONS

We integrate with all major platforms for ecommerce: Clickfunnels, Shopify, WooCommerce, etc. Use our free virtual terminals if you do not have a website.

24/7 PROFESSIONAL CUSTOMER SERVICE

Handling your payment issues is our top priority. We will answer your calls when you need us. You can trust Structure Payments to keep your business running.