LeisurePay’s High-Risk Check Processing Solutions

LeisurePay’s mission is to provide personalized, secure, and efficient payment processing solutions for businesses and merchants. Below is a brief overview of our high-risk check processing solutions.

Accept Checks without a Traditional Bank

Working with LeisurePay means we can accept checks for you without the involvement of a traditional commercial bank. Without middlemen, you get premium, highly personalized service that allows you to grow with us without the risk of payment freezes.

Remote Deposit

With Remote Deposit Capture (RDC), you can upload a digital image of your check from your location, and it will be treated with the same legal validity as the original paper check. As a result, you will not have to wait longer for the check to be physically transported. Just scan a check and submit the image, and we will handle the rest.

Real-Time Verification

We offer real-time verification of your checks, which allows us to instantly check the legitimacy and validity of a check as soon as it is scanned and submitted. Instead of waiting for it to go through the full clearing process and wait for days, you can instantly see if the check you entered is valid and legitimate.

Industries We Serve

Our merchants enjoy high-compliance Check 21 payment processing that allows fast, efficient, and safe clearing. Below are a few examples of high-risk industries we serve.

CBD and Hemp Retailers

CBD and hemp retailers are considered high-risk merchants, which is why it is essential for businesses in this industry to find dedicated payment solutions. LeisurePay has the experience and expertise to offer CBD and hemp retailers efficient Check 21 processing solutions that mitigate risks and enhance seamless processing.

Kratom Vendors

Kratom vendors are categorized as high-risk merchants, which is why it is important for businesses that deal in kratom products to take advantage of Check 21 processing. LeisurePay’s Check 21 processing solutions are tailored for your kratom business and provide efficient payment operations.

Cannabis Dispensaries

Our easy Check 21 processing allows cannabis dispensaries to receive digital checks seamlessly and verify their authenticity in real time. Regulations and compliance requirements may be changing constantly, but your payment solution does not have to.

Firearms, Guns, and Ammo

If you are a merchant or a business dealing in firearms, guns, and other ammunition, you can get specialized high-risk Check 21 processing solutions from LeisurePay. Our solutions can be tailored to the firearms industry, providing fast and robust solutions for your business and customers alike.

Crypto Businesses

Crypto is a high-risk industry due to volatility, regulatory uncertainty, fraud concerns, and CNP transactions. Because of these challenges, we provide specialized crypto-friendly Check 21 processing solutions for crypto-based businesses. We offer high compliance and demonstrate robust verification to satisfy the requirements and ensure payment security.

Merchants Shut Down by Square

Square, a payment processing company, has shut down many merchants due to its policies, preventing them from using payment processing services. LeisurePay offers these merchants a new opportunity and a more innovative approach to verify and process payments, including Check 21 processing.

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How to Get Started

Ready to get started with LeisurePay’s Check 21 processing services? Here is how you can partner with us:

Apply Online or Schedule a Call

Apply online on our website or schedule a call with our team. If you decide to call us, we will offer you a free consultation about our solutions and processes and help you make an informed decision.

Submit Documentation for Underwriting

The next step is submitting documentation for underwriting, which allows us to partner with you with complete transparency and integrity. Creating a customer-first relationship and valuing the partnership are our core values.

Start Accepting Checks with Full Check 21 Access

After the documentation, you will become an official LeisurePay merchant and partner. You will be able to start accepting checks and get full access to our Check 21 processing system that offers ease, convenience, and security.

Benefits of High-Risk Check Processing

LeisurePay offers radical transparency of operations and takes a customer-first approach in every decision to prioritize customer satisfaction. But that is not all. Here are some additional benefits of our high-risk check processing solution:

Lower Processing Fees Than Credit Cards

High-risk Check 21 processing has lower fees than credit card processing, which encourages merchants to incorporate innovation into their point-of-sale systems. This cost-effectiveness allows you to maximize your ROI.

Access to Broader Payment Options

LeisurePay does not just provide high-risk Check 21 payment processing services. You get a lot more options when you partner with us, including ACH, Merchant Accounts, and debit and credit card issuing.

Reduced Chargeback Risk

Chargebacks are always a big risk for merchants and businesses, but the risk is higher if a customer has paid with a credit or debit card. With Check 21 processing, there is a reduced chargeback risk, offering more protection and profitability.

Faster Fund Availability with Check 21

Unlike traditional, physical checks that take days and, in international transactions, even weeks to process, LeisurePay offers instant, real-time verification of electronic checks. As a result, funds become available in your account faster than ever before.

Fraud Prevention

The best thing about Check 21 is the digital verification of transactions. We use specialized systems to verify the legitimacy and authenticity of checks, which helps prevent fraudulent activities and potential scams.

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Why Choose LeisurePay for High-Risk Check 21 Processing

Choosing a trusted high-risk merchant account and payment processing provider is essential to get the full range of Check 21 processing solutions. Here is what LeisurePay brings to the table:

High-Risk Check 21 Processing

No Hidden Fees, Transparent Terms

We believe in radical transparency. You will get a full explanation of our terms, conditions, and the associated costs; no hidden fees, ever.

Rapid Approval

We approve your account within two business days of application submission, allowing you to take advantage of our solutions without any delays.

Payment Processing Support

Need any help with processing? Contact us, and our support team will be happy to guide you and address your problems promptly.

Dedicated Payment Experts

We work with dedicated payment experts who are well-versed in commercial transactions, both physical and electronic. Needless to say, you will get seamless, secure processing.

Frequently Asked Questions

Check 21 processing refers to the processing of an electronic check, whereas ACH (automated clearing house) is a giant digital hub that connects almost all banks and credit unions in the U.S.

Yes, Check 21 is an ideal solution for cannabis and kratom transactions. Cannabis and kratom vendors are considered high-risk merchants, and Check 21 is extremely beneficial for high-risk businesses.

A Check 21 payment can bounce, but you will be alerted immediately if a customer’s Check 21 payment bounces. As a result, a merchant will be able to contact the customer on the same day with real-time verification.

High-risk check processing refers to the processing of checks received by merchants conducting a high-risk business, such as CBD and hemp retailers, cannabis dispensaries, kratom vendors, firearms, guns, and ammo, and crypto businesses. These businesses are considered high-risk due to a higher probability of financial loss, fraud, or regulatory issues. On the other hand, standard check processing refers to processing checks received by any business that is not considered high-risk.

High-risk processors can accept all types of checks that are legal in the United States, just like standard processors.

LeisurePay can help you get set up with a high-risk check processing system within two business days. Just submit an application or schedule a call with us. Once you submit the documents, we will approve your application within a day.

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Seamless Payment Processing for High-Risk Businesses

Our merchant accounts are designed for smooth, reliable payment processing. Focus on expanding your business while we handle the complexities of high-risk payment solutions.

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