While this list doesn't cover every single possible high-risk business, it does include the categories that are most often regarded as high-risk. Remember that every provider has their own criteria, so while you might be considered a high-risk business by one provider, you might be approved for a regular, non-high-risk account by a different provider. Here are the most common types of high-risk businesses:
- Airlines or airline charters
- Amazon, Yahoo or Google Stores
- Auctions
- Casinos, gambling or gaming
- CBD
- Check cashing services
- Cigarettes, e-cigarettes, or vape shops
- Coins, collectible currency, or autographed collectibles
- Collection agencies
- Coupons or rewards-based programs
- Credit protection, counseling, or debt repair services
- Debt collection services
- Discount health or medical care programs
- Debt consolidation services
- eBay stores
- eBooks (copyrighted material)
- Electronics
- Event ticket brokers (unlicensed or non-registered (ie., Stub Hub-style merchants))
- Extended warranty companies
- Fantasy sports websites
- Finance brokers, financial consulting, or loan modification services
- Furniture sellers
- Indirect financial consulting (ie., "How to Save Money by Lowering Your Electric Bill")
- Financial planning, strategy or advising
- "Get rich quick" book, programs etc.
- High average ticket sales
- "How-To"-type websites. )ie.,"Learn How to Make Money on The Internet")
- Horoscopes, astrology or psychic services, fortune tellers
- "Hype" products or services
- Hypnotists or self-hypnosis services
- International shipping, cargo, or import/export
- Investing firms, strategy, or books
- Life coaching
- Lingerie Sales
- Lotteries or sweepstakes
- Magazine sales and subscriptions
- Mail or telephone order salez
- Membership organizations (contracts over 12 months)
- Modeling or talent agencies
- Multi-level marketing (MLM) sales tactics
- Music, movie, or software downloads or uploads (ie., copyrighted digital products)
- Pawn Shops
- Prepaid calling cards
- Prepaid debit cards
- Replica handbags, watches, wallets, sunglasses, etc.
- SEO services
- Social networking sites
- Sports forecasting or odds-making/betting
- Subscription based services
- Telemarketing services
- Third-party processing, factoring merchants (ie., payment processors, vacation rental brokers)
- Tour operators
- Travel clubs, services, or agencies
- Vacation planners
- Vacation rentals (unless the property is owned by the merchant)
- Vitamin and supplement sales (ie., diet pills, prescription pills, health supplements, pharmacy products)
- VoIP services