About Karma Card Payments

We Approve the Businesses Banks Turn Away

Merchant payment processing for high-risk and standard businesses - built by people who got tired of saying no.

24-48

Hours to a real approval answer

PCI

Compliant, and an ETA member

Any

Legal industry, high-risk to standard

Why we exist

Most processors lead with what they do. We'll lead with what we don't do: we don't tell a legal business we won't accept its industry. That one rule is the reason Karma Card Payments exists.

Who we are

A processor built around your business, not a template

We.re a payment processing company for high-risk and standard merchants. The model is client-centered by design - competitive pricing, real human support, and a setup shaped around how your business actually takes payments.

Online, in-store, or mobile, the goal doesn't change: get you processing, securely and affordably.

How we serve you

Wherever and however your customers pay

Fast approvals

Most merchants live in 24-48 hours

24-48h

Real human support

No bots, no runaround

Omnichannel

Online, in-store, or mobile

Our mission

Built by people who got tired of saying no

Karma Card Payments was built and is run by payment executives who were done watching legitimate businesses get turned away for the industry they happen to be in. The mission is simple: board every legal business, of any type, anywhere - and break the barriers that keep them out of the global economy. Everyone deserves a fair shot to compete, securely and affordably.

You're not too risky to serve. You've just been underwritten by people who never understood your business.

Why we can approve high-risk merchants

High-risk is a label, not a verdict

"High-risk" isn't a judgment on your business. It's a category acquiring banks use for industries with more chargebacks or tighter regulation - CBD, firearms, nutraceuticals, adult, travel, and more.

The aggregator model

Approve in minutes, freeze when they notice

  • Aggregators like Stripe and Square avoid the high-risk category entirely.
  • They approve you in minutes, before anyone looks at what you sell.
  • Then the system notices your industry and freezes the account.
The Karma Card Payments model

The account that approves you is the account that keeps you

  • We underwrite your industry on purpose, not by accident.
  • We place you with banking partners who already understand it.
  • We build in the chargeback and fraud protection the category demands.
Industries we approve

If it's legal, there's a path

High-risk

The categories most processors avoid

Adult CBD Firearms & weapons Nutraceuticals & supplements Vape & tobacco iGaming & sports-betting services Travel & timeshare Bail bonds Online dating MLM Debt collection Continuity & subscription billing Telemedicine

Standard

Everyday businesses, fairly priced

Retail & restaurant eCommerce Healthcare & dental Automotive Real estate & property management SaaS & tech Professional services Nonprofit

Don't see your industry? That's a conversation, not a no.

How approval works

A real answer in 24-48 hours

Apply, and you'll hear back in 24-48 hours - not with a form rejection, but with a real answer. No runaround, no disappearing funds.

1

Tell us about your business

Apply and share how you take payments, what you sell, and where you operate.

2

We match your banking partner

We place you with an acquirer that already understands your industry on purpose.

3

You start processing

Approved and live, securely and affordably - the account built to keep you.

Trust & compliance

Built to the standards that protect you

PCI-compliant

We meet the Payment Card Industry standards that protect your customers' card data and your reputation.

ETA member

We're a member of the Electronic Transactions Association - the industry body for trusted payments.

Meet the owner

Run by the person who used to stop the fraud

Karma Card Payments is led by its owner, Rich Riedel - a strategic leader in fintech payments operations who has spent his career inside banks and financial institutions, defining the technology and processes that keep firms ahead of a shifting compliance landscape, not just scrambling to keep up with it.

He has seen the industry from every angle. At Boulevard, he built the payments infrastructure that now supports $1.2 billion in annual processing volume - and nearly eliminated the company's fraud and chargeback losses, leading it through every audit with zero findings.

That background is the whole point. The person deciding which businesses Karma Card Payments can approve spent years on the other side of the desk - controlling risk, passing audits, and building consensus across engineering, customer service, product, sales, and executive teams. He knows exactly where the real risk lives, which means he knows when a "high-risk" business is actually a safe bet the big processors were simply too lazy to underwrite.

Most processors reject high-risk merchants because they can't tell danger from paperwork. Rich can.

Ready to stop being told no?

Get approved in 24-48 hours. Tell us about your business - we'll find the path.