The Best High-Risk Payment Processing Solutions for 2024 & 2025
Affordable Payment Processing For Every Need
Open Banking Payments, also referred to by two other terms; account-to-account (A2A) money transfers or Pay-By-Bank payments) is a new technology.
Pay By Bank apps allow website visitors to transfer funds directly from their bank account to a merchant’s account without intermediaries like credit card networks.
Here’s how our Pay by Bank works:
- At checkout, the customer selects the Pay by Bank app option.
- They choose their bank from a list of supported institutions.
- The customer is redirected to their mobile banking app.
- They log in using their usual authentication method (e.g., Face ID, Touch ID, or PIN).
- The transaction details are displayed for review.
- The customer confirms the payment within their banking app
Virtual terminal payments are an online (hosted) payment processing solution that allows businesses to accept all forms of electronic payments without the need for physical point-of-sale (POS) hardware.
- Accept payments anytime, anywhere with internet access
- Process various payment types, including credit cards, debit cards, and ACH payments
- Ideal for phone orders, mail orders, and in-person transactions when physical POS systems are unavailable
Digital wallet payments have become increasingly popular in recent years, offering consumers a convenient and secure way to make transactions using their smartphones or other devices.
Popular digital wallets in the United States include;
- Apple Pay
- Google Pay
- PayPal
- Venmo
- Cash App
- Zelle
- Samsung Pay
- Zelle
Acceptable Products & Services
*CBD edibles, gummies and snacks
*CBD-infused bath bombs and salts.
*CBD-infused topical rubs and lotions.
*Hemp flower & pre-rolls.
*HHC, distillates, Isolates, and minor cannabinoids.
*Computer repair and maintenance.
*Charter Airlines, future event ticket Sales.
*Network marketing (MLM) & direct sales.
*Firearms, tobacco, and alcohol
..and emerging products and services.
Pricing & Rates
Yes. Our sponsoring banks support vape cartridges, e-juice, kratom, mushrooms & minor cannabinoids
Products accepted under this program include;
- Delta Δ8-THC (vape pens, cartridges, and eJuice)
- CBN, CBD, CBG, CBC, CBT, CBND, CBV, CBDC.
- Delta Δ9 THCV, THCVA, THCP, HHC, Distillates and Isolates.
*Click here to view state, federal and card brand compliance requirements.
Acceptable Products
- Hemp-derived CBD
- CBD Hemp Flower & Pre-rolls
- CBD Vapes & Equipment
- Delta 8 THC
- Pipes, Bongs & Recreational Glass
- E-cigarettes
- Cryptocurrencies
- Gambling sites
- Collection Agencies & Telemarketers
- Website Hosting
- SEO, PPC & Digital Advertising
Rates & Fees
KJ Proweb proudly offers true Interchange plus pricing, typically fixed at 0.65% basis points plus $0.20 cents per transaction above true Interchange as published by the major card brands.
- Merchants classified in high-risk industry sectors receive rates and fees as slow as 2.99% plus $0.30 cents per transaction, plus a payment gateway fee of $25.00 per month if applicable.
Same-Day or 24 Hour Approvals
Submit a complete merchant application together with supporting documentation and your service can be approved and activated within 24 to 48 hours.
Fraud & Charge-Back Prevention
From EMV and PCI compliance to encryption, SSL’s, and more, access the technology that helps you keep your business’ and customers’ information safe.
Transparent Pricing
Honest and straightforward pricing is important to us because it’s important to you.
Pay attention to how we discuss all rates and fees in advance of signing up for service.
Free Swipe Terminals & Card Readers
Get a free Payanywhere’ Smart Terminal and start accepting payments any way your customer wants to pay and anywhere.
You’ll have everything you need to manage electronic transactions.