Providing merchants with a high-risk merchant account is our specialty at WebPays. We offer cutting-edge high-risk credit card processing solutions that ensure that the merchants have all the up-to-date and relevant software and hardware solutions for their customers to purchase products or services easily. The process of setting up a high-risk merchant account is determined by the amount of risk associated with the business, but do you know what determines if your business is risky or not?
There are a wide variety of reasons a business can be classified. High-risk merchants fall under this category due to their industry type, average transaction size, typical chargeback rate, fulfilment timeframes, or if they are structured to accept subscription-style payments. If in case your business falls under any of these categories, your business will automatically be deemed high risk by the acquiring banks.
Below are a few common industry types that are bound to use a high-risk payment gateway to ensure safe online transactions.
- Adult Entertainment
- Cigarettes & Tobacco
- Electronics
- Smoking Accessories
- Nutraceuticals and Supplements
- Vape & E-Cigarettes
- Online Dating Services
Being a merchant of any High-risk industry, you wish to process online credit card transactions, it is imperative for them to have high-risk merchant processors. At WebPays, we strive to provide you with a high-risk payment gateway that can support your business type. Our expert merchant account team try their best to make the process as painless as possible. With the help of a reliable merchant account, you can expand your business and can ensure secure credit card transactions that would take your business to the new heights.
With our vast experience of years, we have dealt with a variety of business types to high chargebacks, that often place your business in the high-risk category. Our relations with several domestic, international, and offshore banks, we provide merchant services fraud tools, and chargeback management integrations that mitigate the risk of chargebacks and frauds.
We offer state-of-the-art POS systems, EMV terminals, a virtual terminal, chargeback prevention tools, and payment gateways, to help your business be competitive and that too at an affordable cost. Depending on your business needs, we provide a solution that would help you to take your business to the new heights.
At WebPays, we offer you a personalized Merchant Services. From the day you fill your application form, our dedicated expert team will assist you at every step. Not just this, we assist you even after your account approval. We handle all inquiries for the life of the account as well.
Read our another blog post: International 2D Payment Gateway
High Risk Payment Gateways 