Before you start your application, have all the materials you need ready. This includes your personal identification and business' bank statements, financial records, and website. You can apply online through site as  loans, which has simple application process and can set up your account within two business days.

If you are high risk merchant, you may have to wait little longer to get your account approved. It may take 3 to five days for high risk merchant account instant approval usa to be finalized. However, low risk merchant account may qualify for instant approval within day or two.

There are ways to speed up the process of getting approved for high risk merchant account, and working with high risk payment provider can speed up the process. good provider has experience in the industry and proven track record in dealing with businesses in your industry. This company will check your paperwork and determine if you qualify for high-risk merchant account.

High risk merchant account is one that requires higher monthly fee than low-risk merchant account. This fee is typically double what low-risk merchant account would cost. However, if you have high volume of transactions, you may be able to negotiate lower monthly fee.