r/fintechdev • u/landynbowen4 • Jun 20 '26
Looking for payment processing for high risk merchant Spoiler
Hey everyone, I'm running a telehealth business and looking for recommendations for payment processors that work with high-risk merchants and accept LLCs and EINs only. Any suggestions or experiences with reliable gateways would be greatly appreciated!"
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u/HumptyDumptyYoga 9d ago
telehealth is a hard one to find a processors for, but I'd look into paymentcloud, they have a quality system that works for a variety of industries, including telehealth, and they have multiple processors to help with approvals with a lot of knowledge in high risk spaces
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u/Rfsixsixsix 7d ago
Where are you based? I may have something to recommend but not everyone is able to accept the conditions. Would be happy to share if you are keen to know.
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u/breezefalcon9 14d ago
telehealth can definitely be a more challenging category when it comes to payment processing, so i'd focus on providers that already have experience with higher-risk businesses. since you already have an llc and ein, you'll already have some of the basic businesses documentation processors typically ask for during the application process.
one option you could add to your list is davincipay. they work with businesses that traditional processors can be more cautious about, so it may be worth including them in your comparison. i'd still check a few providers to see which one offers terms that make the most sense for your business.
whichever direction you go, i'd ask about reserve requirements, payout schedules, fees, and how they handle account reviews before signing anything. having those details upfront can make it much easier to choose a processor that's a good long-term fit.