High Wire Payments Overview

High Wire Payments Overview, Pricing, and Answers

This guide gives a clear summary of High Wire Payments and how a merchant account with a direct bank sponsor works for complex products. It covers services, pricing structure, onboarding, and common questions in plain language.

What High Wire Payments Is

High Wire Payments is a merchant services provider that places high risk and specialty businesses with compliant acquiring banks. You get a true merchant account in your business name with a gateway for card and alternative payments. The setup is built to handle items that common aggregators reject.

Typical use cases include CBD, hemp, botanicals, nutraceuticals, devices, subscriptions with elevated chargeback exposure, and similar categories that need bank level compliance and underwriting.

How It Works

  1. Discovery call and product review to confirm fit and bank appetite.
  2. Underwriting checklist with business documents and site review.
  3. Bank approval with account parameters such as ticket size and monthly volume.
  4. Gateway connection and test transactions for live processing.
  5. Monitoring and support for chargebacks, refunds, and updates.

Pricing Overview

Pricing is interchange plus with monthly fees that reflect category risk and support level. Final terms depend on product, ticket size, processing history, and chargeback controls.

Item What to expect
Per transaction Interchange plus a small markup in basis points and a per item fee
Monthly Gateway and account fees for reporting, risk tools, and support
Reserve May apply based on risk profile and history to protect against losses
Chargebacks Standard network dispute fees and representation support

You receive a written breakdown before you go live. There are no surprise fees added after approval. If you want a sample quote, ask and share your last two statements.

Who This Fits Best

Brands with compliance needs

Products that require labels, testing, and site language that match bank policy.

Growing stores

Online sellers that outgrew an aggregator and want stable volume at better cost.

Subscription or high ticket

Recurring or larger orders that need custom risk settings and support.

How It Compares To Aggregators

Topic High Wire merchant account Common aggregator account
Ownership Your own merchant ID with bank sponsor Shared account under aggregator master ID
Risk policy Bank policy that can be tailored per category Fixed rules that often exclude complex items
Pricing Interchange plus with itemized fees Flat rate that can be higher for risk
Stability Stronger when products and site stay compliant More sudden holds if triggers appear
Chargebacks Direct representation through the bank Limited tools and slower response

Website Checklist Before You Apply

  • Full product list with clear descriptions and lab results if required.
  • Accurate policies for shipping, returns, privacy, and terms of service.
  • Age gate where needed and restricted state list when relevant.
  • Contact page with business email and address.
  • No claims that imply medical outcomes or unapproved benefits.

Frequently Asked Questions

What documents should I prepare
Articles of organization, EIN letter, voided check, photo ID, last two months of statements, supplier invoices, and lab results where required. A complete package speeds review.
How long does approval take
Underwriting timelines depend on product and volume. Many files move fast when the website and documents are complete and consistent.
Can I use my current gateway
In many cases yes. Options include NMI, Authorize Net, and direct platform connections. The final setup depends on the bank and your cart.
What if I had an account shutdown before
Prior history is reviewed. Provide past statements and the reason for closure. Controls such as clear policies and better descriptor can improve stability.

Ready to see terms for your store

Share two recent processing statements or expected volume and average ticket. You will get a clean breakdown in simple language.

Apply Directly

This short form sends your info to Leah for review. You will receive a reply with next steps.

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