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High-risk merchants are no strangers to the struggle of finding a consistent payment processor, and eCheck offers a unique level of payment finality that assists them in reducing chargebacks and keeping their merchant accounts in good standing. Despite how eCheck can mitigate some aspects of their risk profile, traditional payment processors either refuse to serve them at all or provide sub-par processing services, high fees, and unexpected account flags.
Fortunately, there are a plethora of processing options for both high and low-risk processors. Many processors have either been founded specifically to serve high-risk firms like CBD merchants, and many generalist payment processors have opened up who they will serve to accommodate more clients. Our third-party research team analyzed over 30 payment processing firms to find the top eCheck processing companies and ranked them based on the following criteria:
- Value Score: A 1.0-5.0 score that summarizes the value an eCheck processor provides. Based on factors like pricing, fee transparency, unique features, security, ease of use, and more.
- Year Established: eCheck processors that have served the industry longer demonstrate an ability to maintain healthy merchant accounts for businesses of all risk profiles over the long term.
- High-Risk Support: While some generalist eCheck processors will serve a few mid-high-risk businesses, businesses looking for a greater level of confidence in the health of their merchant accounts should seek out firms with high-risk support.
- Dedicated Account Manager: When issues with payment processors arise, they can be extremely costly. Dedicated account managers ensure access to personalized support that helps resolve these issues sooner.
- Instant Onboarding: Fast onboarding processes mean less time between application and accepting payments, which gives these firms an edge on our list.
Below are our rankings of the top eCheck processing companies after considering all of the factors above, including their client specialty:
The Top eCheck Processing Companies of 2025
*Cannabis, vape, and liquor specialist, not specialized for other high-risk industries
Seamless Chex
Seamless Chex is the most versatile payment processor on the list. They offer convenient eCheck payment services, upfront underwriting to avoid unexpected account flagging, and unique features like chargeback and fraud protection that help both high-risk and low-risk clients.
Their all-around value comes from how well-built they are for scalability. They support high-volume merchants, transparent fees, and dedicated account managers to ensure that clients are fully informed and have access to personalized support at all times.
Everything about Seamless Chex is built to support high-risk and high-volume clients, yet they still offer tremendous value to mid-and-low-risk businesses. This unique versatility is why they are the top-ranked CBD echeck processor overall.
- Value Score: 4.8
- Year Established: 2012
- High-Risk Specialization: Yes
- Dedicated Account Manager: Yes
- Instant Onboarding: Yes
- Contact: SeamlessChex website
SoarPay
SoarPay is another eCheck processing company that supports both high-risk and low-risk merchants and offers similar features to other processors with high-risk support. Unfortunately, they do not serve “ultra-high-risk” industries, which limits their value as a high-risk specialist. As a result, we can recommend them to merchants who fall into their eligibility criteria and are simply looking for lower rates and basic service.
- Value Score: 4.3
- Year Established: 2015
- High-Risk Specialization: Yes
- Dedicated Account Manager: Yes
- Instant Onboarding: No
- Contact: SoarPay website
Merrco Payments
Merrco Payments is a high-risk specialist eCheck processor that only serves cannabis, vape, and liquor companies. While this makes them especially well-suited for these types of companies, they aren’t built to serve traditional merchants and are a Canadian company that deals largely with Canadian clientele. While they do support US companies, they are more experienced with Canada-specific regulations regarding their focus industries and would be better suited for clients subject to them.
While they do present the most robust limitations, they offer great, tailored service to the select merchants that they serve. Since they have such strong client relationships and a great reputation, we had to include them on this list.
- Value Score: 4.1
- Year Established: 2016
- High-Risk Specialization: Yes*
- Dedicated Account Manager: Yes
- Instant Onboarding: No
- Contact: Merrco Payments website
Clearent
Clearent is a generalist eCheck processor that offers embedded payment solutions geared primarily toward online sales. Since they don’t support high-risk merchants, they don’t offer a lot of the more custom-tailored features that specialists do. That being said, they have high-end online eCheck processing capabilities, and they do support a select few high-risk industries like CBD companies (as long as they only offer CBD products clear of any psychoactive effects). They also offer dedicated account managers to their larger clients, which is unique for a generalist processor, but their threshold for “large clients” isn’t clear.
- Value Score: 3.9
- Year Established: 2005
- High-Risk Specialization: No
- Dedicated Account Manager: Unclear
- Instant Onboarding: No
- Contact: Clearent website
Stax Payments
Stax Payments is another generalist processor, but they offer a subscription model for merchant fees as opposed to the standard per-transaction or no-cost structures. It is a tiered subscription model, with some core features like dedicated account managers only offered to Ultimate subscribers and above, which may put off clients with smaller budgets. Since there is still a way to ensure that you get a dedicated account manager, we credit them for it regarding their Value Score, balancing it against the tier limitation.
They do serve some high-risk industries but don’t broadly support high-risk merchants. As a result, they don’t offer as many specialty features as more specialized eCheck processing companies, like advanced fraud protection, that are designed to mitigate the unique costs of high-risk industries. Their subscription model does make them uniquely desirable to some, though, and they offer quality service overall, according to reviews and client testimony.
- Value Score: 3.9
- Year Established: 2014
- High-Risk Specialization: No
- Dedicated Account Manager: Sometimes
- Instant Onboarding: No
- Contact: Stax Payments website
Work with the Best eCheck Processing Company
If you have any more questions regarding what places Seamlesschex among top eCheck processing companies, contact us today for more information.
