HIGH RISK BUSINESS TYPES

Also, at Diamond Elite we offer alternative solutions for those industry types that cannot get approved for a standard merchant account.  Those that might fall under the High Risk umbrella are there as follows:

  • 1-800 type chat sites
  • Amazon, Yahoo or Google Stores
  • Annual contracts
  • Antiques
  • Auctions
  • Automotive brokers
  • Bankruptcy attorneys
  • Brokering
  • Calling cards
  • Casino, gambling or gaming
  • Check cashing services
  • Cigarette or electronic-cigarette sales or nicotine cartridges
  • Coins, collectible currency or autographed collectibles
  • Collection agencies
  • Coupons or rewards-points program
  • Credit or debt repair
  • Credit counseling
  • Credit protection
  • Debt collection
  • Direct selling
  • Discount health – medical care programs
  • Debt consolidation
  • eBay Store
  • E-Books (copywrited material)
  • Electronics
  • Event ticket brokers (unlicensed – non registered (i.e. Stub Hub type merchants))
  • Exporting services (non US based)
  • Fantasy sports websites
  • Federal Firearms License (FFL) dealers
  • Finance broker, financial consulting or loan modification services
  • Indirect financial consulting (i.e. How to Save Money by Lowering Your Electric Bill.)
  • Financial planning, strategy or advising
  • “Get rich quick” – books, programs, etc.
  • “How-To” type websites (i.e. “Learn How-To Make Money on The Internet”)
  • Horoscopes, astrology or psychic services (i.e. fortune tellers)
  • “Hype” products or services
  • Hypnotists or self-hypnosis
  • International merchants (non US based)
  • International shipping, cargo or import/export
  • Investment firms
  • Investment strategy
  • Investment books
  • Lawyer referral services
  • Lotteries
  • Magazine sales and subscriptions
  • Mail order
  • Membership organizations (over 12 months)
  • Merchants on the terminated merchant file (TMF list)
  • Modeling agencies
  • Multi-currencies
  • Multi-level marketing (MLM)
  • Music, movie, software downloads or uploads (ie. copywrited music, movies or software (i.e. Microsoft office))
  • Non US citizens
  • Off-shore corp. establishment services
  • Pawn shops
  • Prepaid debit cards
  • In-bound or outbound telemarketing services
  • Real estate
  • Replica handbags, watches, wallets, sunglasses etc.
  • Self defense, pepper spray, mace, etc.
  • Seo services
  • Social networking sites – Facebook, Twitter, MySpace etc…
  • Sports forecasting or odds making/betting
  • Talent agencies
  • Telecommunications
  • Telephone companies
  • Telephone order
  • Third-party processing, factoring merchants (i.e. payment processors, vacation rental brokers)
  • Time-shares or time-shares advertising
  • Tour operators
  • Travel services
  • Travel agencies
  • Travel clubs
  • Vacation planners
  • Vacation rentals (unless property is owned by merchant)
  • Vitamin and supplement sales – diet pills, prescription pills, health supplements, pharmacy
  • Voip services
  • Extended warranty companies
  • Weapons of any kind – guns, knives, stun guns, or ammo. Includes any parts of weapons (i.e. butts, triggers, magazines, etc.)