TailoredPayC61
Merchant Services · US businesses in restricted verticals — prop trading firms, brokers, CBD, vape, adult, dating, telemedicine…
Overview
$46
Best for: US businesses in restricted verticals — prop trading firms, brokers, CBD, vape, adult, dating, telemedicine, consumer lending, dropshipping — that have been declined elsewhere, want a fast placement onto Authorize.net or NMI, and will negotiate reserve and exit terms explicitly.
Strengths
- + It underwrites verticals almost nobody else will. Over a hundred listed high-risk industries, with a dedicated offer for proprietary trading firms and brokers — a segment refused outright by most US acquirers because of evaluation-fee refunds, digital delivery and elevated dispute rates.
- + Accounts board onto mainstream gateways — Authorize.net and NMI are named, alongside a claimed 125-plus platform integrations covering Shopify, WooCommerce and Wix. A merchant on a standard gateway can change processors without rebuilding checkout, which is exactly the leverage high-risk merchants usually lack.
- + More pricing candour than most high-risk brokers offer. TailoredPay's own published material gives a rate floor of 2.6%, a gateway fee of roughly $10–$25 a month plus $0.05–$0.10 per transaction, and $40 per chargeback alert. Most of its competitors publish nothing at all.
- + Fast, low-friction onboarding is its most consistently attested strength: approvals advertised within 24 hours on an application under 10 minutes, and Trustpilot reviewers repeatedly describing exactly that, with a named account manager.
- + A verifiable corporate footprint — a real Miami office address, a published phone number, a Trustpilot profile claimed in May 2019 consistent with its stated 2019 founding, and an active hiring page. Small, but not anonymous.
- + ACH and eCheck processing alongside cards, plus chargeback alerts and real-time fraud screening. In restricted verticals, a second payment rail and a working dispute-ratio defence are what keep a business trading.
Trade-offs
- – The Trustpilot record is too clean to take at face value: 42 reviews, 100% five star, no negative review in seven years. Every high-risk processor declines merchants, holds funds and closes accounts; a flawless distribution suggests a narrow self-selected sample rather than flawless service.
- – Almost no independent verification exists. We found no BBB profile, no regulatory filings and no substantial third-party review coverage that is not either TailoredPay's own content or a directory listing. For a provider that will hold your settlement funds, that is a real gap.
- – It names no acquiring banks. A high-risk merchant's account lives or dies by the sponsoring bank's appetite, and here you cannot find out who that is before applying.
- – No published reserve terms. In restricted verticals the reserve — commonly 5%–10% rolling, held for six months — is often the single largest cost of the account, and TailoredPay says nothing about it publicly.
- – No published contract terms at all: no term length, no auto-renewal disclosure, no early termination fee, no notice period. As a broker, it may also be placing you on the acquiring bank's paper rather than its own.
- – Founded in 2019, it has not yet been through a full cycle of the thing that tests a high-risk provider — an acquirer withdrawing appetite for a vertical it has boarded merchants into.
Fees in detail
- Online rate: No published rate card, and pricing is set by underwriting. TailoredPay's own blog states its processing rates start at 2.6%, with a gateway
- Disputes: TailoredPay's own comparison content states $40 per chargeback alert. Note what that is: an alert fee, paid to be notified of a dispute in t
- Contract: Not published. TailoredPay states no setup fees but says nothing public about term length, auto-renewal or early termination. Because it is a broker placing accounts with acquiring banks, the contract you sign may be the bank's rather than TailoredPay's, and the term may differ from what the salesperson describes. Ask whose paper you are signing.
Standard published rate for a domestic online card payment. Confirm current pricing on TailoredPay's pricing page.
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