What is a High Risk Payment Gateway, and does your business need one?
A high risk payment gateway is an expert payment processing solution specifically suited for companies that are deemed risky or hard to serve by traditional payment processors. Such gateways allow secure online transactions and are suitable for industries and business models with high chargeback rates, stringent regulatory attention, or fraud issues. Understanding High Risk Payment Gateways In contrast to typical payment gateways intended for low-risk companies, high risk gateways partner with niche merchant account providers and acquiring banks willing to undertake greater levels of risk. They integrate advanced fraud detection technologies, chargeback management programs, and compliance features geared to difficult industries. High risk payment gateways usually impose higher processing fees to balance the greater exposure to risk. Who Needs a High Risk Payment Gateway? Your company probably requires a high risk payment gateway if you are in certain industries or have specific ...