Getting approved for a high-risk merchant account in the UK can be more challenging than for a standard account. Stricter high-risk merchant account requirements mean you’ll typically need to provide detailed information about your business, such as financial records, business licences, and a history of previous processing statements. Payment processors will evaluate your risk factors, such as chargeback rates and transaction volumes. If they approve your application for a high-risk merchant account, UK providers may require a rolling reserve and impose higher fees to mitigate the risk associated with your business.