PayKings Review

Pros

• No setup or application fees
• Card, ACH, eCheck, and multicurrency payment options
• Offshore accounts available
• Good merchant account for CBD businesses

Cons

• Pricing varies by volume and risk profile
• High-risk pricing may be costly for lower-volume merchants

What Is PayKings?

PayKings is a merchant services provider specializing in high-risk merchant accounts. That means PayKings will service companies in industries that many other payment services shy away from.

PayKings has specialized in high-risk payment processing since 2011 and works with multiple banking and technology partners. High-risk accounts generally involve stricter underwriting, higher processing costs, and additional compliance requirements, so merchants should carefully review their agreement before signing up.

PayKings offers a broad range of high-risk payment services, including dedicated merchant accounts, ACH processing, chargeback tools, and developer integrations.

PayKings High-Risk Merchant Account Services & Features

Here is an overview of PayKings’ core features.

Features Overview

PayKings Fees & Rates

PayKings now publishes starting interchange-plus rates for three processing-volume tiers, although final pricing still depends on the merchant’s industry, risk profile, processing history, and underwriting.

Monthly fees vary by plan. PayKings says the Growth plan’s monthly fee is waived, while Starter and Enterprise account terms may vary.

Now for the good news. PayKings advertises no setup fees or hidden costs. Chargeback alerts are included with PayKings’ published plans, while additional chargeback-management services may depend on the account.

Sales & Advertising Transparency

PayKings now provides more pricing and service information than many high-risk processors, including published starting rates and volume tiers.

PayKings’ website offers a decent breakdown of its features, as well as a lot of general information on credit card processing.

Contract Length & Early Termination Fee

PayKings currently advertises no long-term contracts. However, contract terms can still vary by merchant, industry, acquiring bank, and any third-party services included with the account.

Review the merchant agreement carefully for cancellation procedures, reserve requirements, equipment obligations, and any fees that apply if the account is closed.

PayKings Customer Service & Technical Support

PayKings offers phone and email support, with 24/7 dedicated support advertised for Enterprise accounts. PayKings maintains social media accounts on Facebook, X, LinkedIn, Instagram, and YouTube.

PayKings’ Growth and Enterprise plans include dedicated account support, while the Starter plan includes email support without a dedicated representative.

PayKings seems to have a solid public reputation for customer service. During my interactions with customer service, the company representative was willing to answer my questions to the best of their ability with no aggressive sales tactics despite the company’s use of independent sales agents.

User Reviews

PayKings has a relatively small review footprint outside of Trustpilot, but the available feedback is largely positive.

PayKings currently holds a 4.7 out of 5 rating on Trustpilot (based on 225+ reviews). The company actively invites customers to leave reviews, so the rating should be considered alongside the review volume, distribution, and specific feedback.

Negative PayKings Reviews & Complaints

Issues that customers have mentioned in negative reviews include:

• Compliance issues
• Held funds
• Application and approval issues

Positive PayKings Reviews & Testimonials

Here’s some of what PayKings customers liked about the service:

• Fast approval
• Excellent customer service
• Integrations with popular services

Final Verdict On PayKings

PayKings offers a broad range of payment services for high-risk and hard-to-place businesses, including merchant accounts, ACH processing, gateway integrations, chargeback tools, and developer resources. Its published interchange-plus pricing and lack of setup fees or long-term contracts also make it more transparent than many high-risk providers.

However, high-risk processing still involves stricter underwriting, higher costs, and the possibility of reserves or additional compliance requirements. Final pricing and account terms will depend on your industry, processing history, sales volume, and banking partner.

PayKings is best suited to established high-risk businesses — particularly CBD and eCommerce merchants — that need specialized underwriting and hands-on account support. Businesses should compare the final merchant agreement with other high-risk processors before committing.

If PayKings doesn’t sound right for you, be sure to check out our picks for best high-risk payment processors.