How Should You Set up a High-Risk Merchant Account? 4 years ago 6 min read electronic paymentFrozen Fundshigh-risk merchant accountmerchant accountpayment processingopening merchant accounthigh risk businesspayment systemaccount payment systempayment gateway system If you are new to the e-commerce industry, you might be curious what a merchant account is. How does it work, and what are the conditions to receive it?