Getting a Merchant account for crypto exchanges is not impossible but it certainly is very difficult. The financial institution that underwrites the risk does a massive evaluation of the merchant. This becomes more challenging when the merchant in brand new and has no processing history.

If the merchant has a USA Bank account they can overcome this challenge and they can use verified check solution. Here are few of the benefits of the solution mentioned.

Low Rates
Instant availability of Check in PDF form
Built-in Account number and Routing number validation
Built-in Balance availability check
Accept payments over Phone, Web or In-person.
Lesser fees than card processing
Comes with a Virtual Terminal
Built-in fraud check tools.

Happy processing. I will be happy to answer your questions if any.

I really like the way you did talk about the challenge of High risk Merchants. Geniune merchants in high risk industry face problems and dishonest merhants in low risk industries are accepted.

Thats so true.

I am pretty sure bitcoins can help merchants in all the industry. Best Wishes!

Regards
Bankim
Quadrapay

Dear All,

Getting a High Risk Merchant Account can be difficult because of many reasons

• Industry Type
• Credit Score of the Merchant
• Financial Standing of the company as per the previous year P and L Statement
• Ticket Size
• Previous Termination of Merchant Accounts
• Overall reputation of the industry

In case if you are considered a high risk merchant and still want to get a Credit card or Echeck payment processing solution then you should look at these factors before applying.

Ensure you fill the application form correctly
Supply the entire KYC documents to the High Risk Merchant Account provider
Ensure your website is on SSL
Place detailed pages for terms, Refund, Privacy, and Terms
Preferably put a 24/7 Support line number.
Make sure that the products and services are clearly defined on the website.
Apply only to HIGH RISK MERCHANT ACCOUNT Providers

If the industry is not prohibited then you may get approved for card solution
You should also look at USA echeck if your customers are in USA.

We have an alternative payment solution that can be used by USA based merchants for Cryptocurrency sales. The merchant must have USA company and a USA bank account.

With this solution merchants can get verified checks within 5 minutes.

Hope it helps.

Thanks
Skype Netcaller