OpenWallet - The Approval Company positions itself as an expert in the payments industry, focusing on providing high-risk merchant accounts and payment processing solutions. The company's mission is to help businesses in traditionally underserved or "high-risk" sectors (such as e-commerce, subscription services, and others with high chargeback rates) get approved for reliable credit card and ACH/e-check processing. They leverage a network of acquiring banks to find suitable payment solutions for their clients, emphasizing their expertise in navigating the complexities of high-risk underwriting and compliance.

Founded in

United States