Bad Credit Merchant Account

Are YOU Struggling with bad credit merchant account issues like freezes, holds, or shutdowns? Get the fastest, safest way to process payments with Creditly.

Accept High Risk Credit Card Payments TODAY!

If your merchant account was shut down today and you could no longer accept credit cards, how long could you keep the doors open?

Everyday basic payment facilitators and companies like Stripe, PayPal, Square, Shopify, etc. Shut down thousands of accounts.

It’s not a matter of IF you’ll get shut down, but WHEN…

If your provider held your money for 90+ days, would you survive?

Could you make payroll if they placed a 10% hold on your account?

How to get a merchant account with bad credit? It’s time to upgrade to Creditly.

Creditly helped us get access to a payment processor when others could not. They were super helpful and got us up and running faster than expected. Highly recommended!

Joseph Dubois


We needed access to multiple processors, and Creditly delivered. It's good to know we have a partner that will stand behind us as we grow and expand our locations.

Jody Martinez

SAS & Travel

Our high risk business needed help after Stipe held up payments. Creditly got us approved. I'll never go back to using Stripe or PayPal.

Neil Oliver

Ecommerce Health

Creditly Offers Many Feature To Help You Succeed...

Bad credit has many sources: late payments, bankruptcy, and even lack of credit all lend themselves to a business’s ability to successfully apply for a merchant account. If you are looking to allow your business to accept credit cards but are worried about being high risk due to bad credit, Creditly has the keys to success.

Securing a bad credit merchant account will allow your business to get off the ground. Unfortunately, it doesn’t always yield the best rates. For most businesses, this is an acceptable tradeoff. Paying a slightly higher rate to accept credit cards will bring in more money than being a cash-only business.

While securing a merchant account with bad credit might not be the shortest path to business success, it puts that goal within your reach.


It is a common mistake to think options are limited when a business with bad credit applies for a merchant account. Bad credit can bump your merchant account into the high risk category but does nothing to alter what that merchant account provides. When you are looking for a new merchant account remember that providers like Creditly have built their business model around working with high risk merchants.

When bad credit is factored into your merchant account you should be aware of ways a processing company will try to protect themselves.

Things to look for:

    • Are you being offered higher rates?
    • Be careful there aren’t hidden fees tucked in the wording of the contract.
    • How big is your rolling reserve?
    • What is the commitment length of the contract



Once you have spoken with us at Creditly and established a plan to secure a merchant account despite a high risk designation, it is also good to make a plan to improve your business credit.

The first step: Understand why your business has bad credit. Just like personal credit, business credit is based on the history of your business.

    • Late payments
    • Loan applications
    • Years in business
    • Credit ratio
    • Liens or collections reports
    • Chargeback numbers


If you look at this list and recognize any of the bullets, you know where to get started. This can also give you an understanding of why some banks or merchant account providers might turn down an application. The good news is there are paths to fixing bad credit. The first step in that is a merchant account provider built to work with high risk businesses.

At Creditly, we have come into contact with numerous businesses who didn’t even realize their merchant account providers had labeled them high risk. They didn’t realize that there were better options out on the open market.

Many merchants never bother to check their business credit scores. Creditly is built to help merchants rebuild their credit. We have experience and connections with credit card processors and underwriting banks to help businesses thrive despite their low scores. In addition, our support systems are specifically built to provide business stability and long-term solutions for your credit card processing needs.


The steps to opening any merchant account are the same. The outcomes can vary as processing companies evaluate each application and determine if they fit the set standards of the company.

Different websites may give a slightly different order or add in different steps, but these are the basic steps needed to open any merchant account:

    1. Register your business license – To do this you will need a tax ID and a name. Once you have these you can apply for the license.
    2. Open a business bank account – This step allows you to link to your merchant account and have a place for deposits to be made.
    3. Determine your business needs – Are you opening a brick-and-mortar retail shop, an online boutique, or perhaps a delivery service? All of these things will determine how you are planning to accept credit cards and can impact what you need in a merchant account.
    4. Shop around – When we say there is some negotiation room when finding a payment processor, we mean you can compare rates and fees from different companies. This will also allow you to determine what the going rate is for your specific business.
    5. Apply – Once you’ve settled on your first choice for a payment processor, submit an application and make sure they will accept your business. If they decline your application you can move down the list of options.
    6. Approval – Once your merchant account has moved through the underwriting phase and been approved, you are good to set up your hardware/software and start accepting credit cards.

This is a basic roadmap or course of action. Some of these steps require more input on your part, but they should be guided by your choice of credit card processor. Different companies may require slightly different information, but at Creditly we are just looking for basic information such as:

    • Your name
    • Name of business
    • Contact info
    • Website
    • Income

Once we have that information, we can get the application process started and determine what deals we can offer you. Our experience and industry connections allow us to offer you highly competitive rates and packages. Contact us today and see what we can do for you.

How Creditly Can Help You Succeed...

We pride ourselves on making your life easier and facilitating the growth of business across the globe. We have been doing this successfully for years and have helped countless businesses achieve their full potential, just check out some of our testimonials. More importantly, Creditly would love to play it’s part in helping you achieve your goals and service your consumers smoothly. if you’re interested in working with us, you can start your EMAP  application below or call us at: (877) 307-7711 | Get Set-up with a Merchant Account »

Bad Credit Merchant Account FAQ

A bad credit merchant account is a type of merchant account for businesses that have a poor credit history or low credit score. These accounts are typically offered by high-risk merchant account providers that specialize in serving businesses that may have difficulty obtaining a merchant account through traditional means.

Yes, businesses with bad credit may be able to get approved for a merchant account, but they may have to pay higher fees and may have more limited options compared to businesses with good credit. High-risk merchant account providers are more likely to approve businesses with bad credit, but they may charge higher fees to cover the additional risk.

Yes, there may be additional fees associated with a bad credit merchant account, such as higher processing fees or a higher monthly account fee. These fees are typically charged to cover the additional risk associated with serving businesses with bad credit.

It is possible for a bad credit merchant account to be upgraded to a regular merchant account, but it will depend on the merchant’s credit history and the merchant account provider’s policies. In general, merchants with a bad credit merchant account will need to demonstrate a track record of successful credit card processing and a good credit history to be eligible for an upgrade.

To set up a merchant account with bad credit, you will need to apply with a merchant account provider that specializes in serving businesses with bad credit. The provider will review your application and determine whether to approve you for an account. You may be required to provide additional documentation, such as your business license and credit history, as part of the application process.

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Merchant Accounts FAQ

If you want to know more about payments, pricing, or solutions to problems you are experiencing, we are always ready to help you.

Creditly specializes in high risk payment processing but we also work with mid risk and low risk companies.

Here is a short list of some business verticals we service:

  • Antiques & Collectibles
  • Apparel & Clothing
  • Bad Credit
  • Bus Lines
  • Cannabis Support Businesses
  • Caterers
  • CBD Oil & CBD Products
  • Continuity Products and Subscription Boxes
  • Credit Repair
  • Credit Monitoring
  • Debt Collection
  • Digital Streaming
  • Document Preparation
  • Fantasy Sports
  • Firearms & Ammunition
  • Furniture & Home Furnishings
  • Health & Beauty
  • Hotels & Lodging
  • Insurance / Warranty
  • Legal Services
  • Magazine Subscriptions
  • Medical Billing & Coding
  • Medical Supplies
  • Membership & Recurring Billing
  • MLM Companies
  • Transportation & Moving
  • Non-Profit
  • Nutraceuticals
  • Pawnbrokers & Pawn Shops
  • Pet Products
  • Precious Metals
  • Property Management
  • SaaS Companies
  • Seminars & Coaching
  • SEO / SEM / Ad Agency
  • Smoking Accessories
  • Sports Betting
  • Survivalist & Tactical Gear
  • Telemedicine
  • Tobacco & Cigar
  • Travel & Timeshare
  • Vape / e-Cig / eJuice
  • Veterinarians
  • Web Design & Development

“High Risk” is a banking industry term. It’s important to note that there are many business models that are seemingly low risk, but fall into the high risk category.

There is nothing wrong with being considered high risk and there are many factors that contribute to risk.

When a consumer buys an item with a credit card, they are given 6 months from the date of receiving the item to dispute the charge.

If your business is no longer operating, who do you think has to refund that money? The processor. This is where risk is created.

Certain businesses, marketing models, and industries have a higher rate of chargebacks, where they get labeled as high risk.

Even if your business is perfect, has never had a chargeback, and operates 100% “by the books”, you could be labeled high risk if you’re business or industry falls into a high risk category.

There are 3 main reasons a business can be considered high risk.

  1. The business has a greater chance of chargebacks occurring
  2. The business model may be new or legally regulated
  3. The business accepts a high number of card not present transactions (over the phone, email, eCommerce)

At this time Creditly offers merchant account services for the USA and Canada. We are always working to expand our areas of processing and hope to serve a greater area in the near future.

We have worked with many new brands and start-ups to get them approved and running. However, banks like to see a long history of transactions and an established history with a merchant before approving them.

But, that does not mean we can’t get you approved. Reach out to us today and we will walk you through your options.

Once all of the necessary documents have been received, it typically takes 1-4 days to get approved.

Occasionally accounts can be approved in less than 24 hours, our team will work as quickly as possible to get your account up and running.

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