Resumen
Leap Payments is a merchant services provider that opens high-risk merchant accounts and sets up payment gateways. A separate line of business is matching payment solutions for ISOs and agents who refer clients.
Services
- High-risk merchant accounts for businesses in higher-risk industries that a standard acquirer has declined or offered unsuitable terms.
- Gateway setup, the technical side of accepting payments on a website.
- Solutions for ISOs and agents, matching products for intermediaries who work with their own merchants.
Who it is for
Higher-risk merchants that need access to card acquiring. The company states that it works with such industries, but whether a specific business is accepted is decided after review; there is no upfront guarantee of approval.
For ISOs (Independent Sales Organizations) and agents, the service is useful as a partner through which they can offer high-risk accounts to their clients.
What to prepare
A description of the product and sales model, turnover figures and refund ratio, and history with previous processors. Pricing, reserves and payout timing in high-risk depend on the business profile and are quoted after the application is reviewed.
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