High-Risk Merchant Payment Gateway For Reputed Businesses

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• H igh Risk Payment Gateways
• High-Risk Merchant Payment Gateway For Reputed
  Businesses
• D enis Smith O ctober 6, 2020 F inancial Services
  H igh-Risk Merchant Payment Gateway
• A high-risk merchant account is a kind of
  business account that is provided to a merchant
  who is associated with a certain level of risk in
  running their business. A merchant can be
  labeled as high-risk for various reasons-
• A merchant might be associated with a bad
  transaction history.
• The business he/she is associated with concerns
  reputation, health risks, financial, and among
  others.
• The merchants business may involve a high volume
  of transactions.
• The merchant is associated with the business that
  has a high chargeback such as recurring billing,
  or technical support.
• Acquiring banks may not provide you with payment
  gateway solutions, since your business may be
  associated with the ill-things that is
  unacceptable to the banks. However, we at
  WebPays consider that equal opportunities should
  be given to merchants who are legitimate and
  should be allowed to have the opportunity to
  process credit card transactions.
• Often we get too many inquiries from the
  merchants who are unaware of the fact that their
  business lies under a high or low-risk category.
  Once their application is rejected they get to
  know about the nature of their business.

Webpays gets you the best High-Risk Merchant
Account that will help you prevent high
chargeback falling for your business and allow
your business to reach at towering heights.
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• High-Risk Payment Processing Gateway Benefits
• A lot of benefits are there for the merchants who
  are taking high-risk merchant account for their
  business. The multiple benefits involve multiple
  currency options, different modes of payment,
  reliable payment transactions, fraud protection
  system, and other benefits. Here are some of the
  benefits listed here.
• High-risk merchants get the highest level PCI/DSS
  support that ensures compliant processing. A
  high-standard security help protects business
  confidential data and safeguards customer
  sensitive information.
• Each payment transaction gets hundreds of the
  test done for validation purposes. These
  validation tests require no time. There are
  customized rules and parameters set that allow
  you to accept or reject transactions.
• The payment processor has an extensive database
  for providing high-level of security to the
  merchant holding the merchant account. A database
  can help you discover the fraud if a customer
  database has a positive/negative value stored
  then you can easily detect whether a customer is
  a fraud or not.
• Allowing the anti-fraud mechanism in the gateway
  will help you accept good orders. It also
  eradicates the transaction that you dont want
  for your business.
• A significant feature that you are getting with a
  PSP is a recurring billing feature. You can
  easily customize an unlimited no. of recurring
  payment plans in order to meet the requirement
  of your business.
• There are some other high-risk features such as
  card verification, address verification
  Geo-location, accept/block strategies
  consolidated data reviews and audit trails and
  other important aspects that you get with an
  efficient processor.
• How to apply for a High-Risk Merchant Account
• Applying for a high-risk business account is
  always free. If you have already

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decided to take a merchant account, then you need
to submit an application. An expert will be
assigned to you to walk you through the process.
The only assigned task is to get a merchant
account as soon as possible for your business.
Though the process for getting a PSP is simple.
You submit an application along with supporting
documents. You need to get supporting documents
ready that includes-
3
Directors Profile KYC, Driving Licence/Voter ID/
Passport, 3 months recent bank statements, 3
months of recent processing statement, A void
check, the company
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needs to have a fully functional and a valid
website, Domain Ownership Copy, Application
Form. Account approvals are easy and can be very
as quick as 1 or 2 days. Although the high-risk
businesses account can take 3 to 7 business
working days due to the time needed to properly
underwrite a file. A complete application package
is important for quick approvals. You are
required to take your time in filling out the
application form provide all the necessary
documents. The more accurate and legitimate the
information you provide in the application form,
the quicker your H igh-Risk Payment Gateway
account approval will be.
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In "Financial Services" D enis Smith O ctober 6,
2020 F inancial Services H igh-Risk Merchant
Payment Gateway
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