What is a High-Risk Payment Gateway?
There are a huge number of high-risk businesses in the market. Conventional banks and service providers tend to avoid these businesses. Due to the volatility and other parameters, these businesses are often neglected. However, they need an online presence as well. Furthermore, to generate revenue and reach a global audience a website needs a payment processing channel.
A High-Risk Payment is the payment gateway processing channel for all the online payments on the website. It allows your website to accept the payment online and deposits it into your acquiring bank. Therefore, it provides ample benefits for your business and brings you close to a global reach.
Unlike conventional businesses, a high-risk business has various volatile parameters. Which makes it a risky business? Every service provider has a different set of selection criteria. However, it is important to note that securing the transactions is a vital task. Therefore, a high-risk payment gateway is used for the ease of payment processing. It allows a secure channel with multiple benefits for a care-free transaction. It improves the payment experience of the consumers as well.
Why we are using a High-Risk Payment Gateway?
The high-risk factor that is associated with the high-risk business will be a huge setback for a business. Therefore, there is a need for a secure and reliable channel for processing payments. High-Risk Payment Gateway is integrated on your website for seamless payment processing. In other words, the features that are an integral part of the payment gateway are the reason for using it.
Moreover, slowly eradicating the parameters of high-risk from your business is crucial. Parameters such as:
- High Chargeback Ratio
- Numerous Frauds and Scams
- Breach of security
These are the grounds for conventional service providers to deny a payment gateway for your business. There is also a need for expert assistance from the payment service provider for a business to prosper. Choosing the right service provider will lower the hassle of payment processing up to 65%. No doubt, there are multiple benefits of choosing HighRisk Gateway for the payment processing solutions.
What are the benefits of a High-Risk Payment Gateway?
The High-Risk Payment Gateway needs a High-Risk Merchant Account to get an all-around payment benefit. Since we are addressing the Payment Processing channel, these are a few of the benefits that you need:
Global Reach: with a payment gateway your business can process payments from all over the world. HighRisk Gateways offer multiple currencies and language support payment gateway. It will allow your business to reach an international audience with the convenience to pay in their local currency. Establishing the brand at a global level mitigates the risk factor of the business. Other companies, banks, and service providers will find your business more reliable than before.
Risk Mitigation: The risks can be dealt with easily with various security features. In other words, this payment processor follows the rules of PCI DSS, which binds this processor with a number of standard conditions. Any company that violates the rules regarding customer information’s safety can ruin its own reputation in an instant. That’s why Highrisk Gateways follow the terms of PCI DSS to provide security and assure your customers. If you fail to provide such facility then your sales will also be affected.
Multiple Modes of Payment: providing the consumers the convenience they want is a necessity for the business. The consumers can pay through their most preferred mode of payment allows your business to prosper. It is a great benefit for your business to start with the reach at a grand level. Credit Card Processing, Net Banking, eWallets, eChecks, ACH, Cryptocurrency, Recurring payments, etc.
Real-Time Transactions: processing the transactions in real-time allows updating of all the funds in a quick manner. Real-time transaction steers clear of all the payment processing as it may create a bottleneck and there can be faults in the transfer. Therefore, fast transactions with reporting allow the consumers to know whether the payment was a success or a failure as soon as possible.
Easy Checkout: a feature of a payment processing channel that allows the completion of payment on a single window. Redirections annoy the consumers and they tend to abandon the payment as well. Therefore, an easy checkout option provides faster and smoother processing without redirections. A benefit for your business in regards to the convenience to the consumers and loyalty points to your business.
Time Efficient: automation of the payments saves time for your business. A payment gateway will accept all online payments without any human interference. The transactions are completed in just a few seconds and bring the convenience of payment right into the footsteps. It is indeed time-efficient for your business.
Complete Merchant Assistance: Choosing HighRisk Gateways has some exclusive benefits for your business as well. Our team of professionals will connect to you for quick integration of the payment gateway. You will be provided with personalized solutions for your business. We have a tailored solution with different payment gateways. Some of them are
- eCommerce Payment Gateway
- Online Casino Payment Gateway
- Online Gaming Merchant Account
- Non-3d Payment Gateway
- Offshore Payment Gateway
- Forex Trading Merchant Account
- Tobacco Merchant Account
- FX Payment Gateway; etc.
24 x 7 Support: support for all the payment processing is crucial. Moreover, there can be an obstacle in payment processing at any moment. Therefore, our expert team will help you to tackle it with ease. We understand that this is not your forte therefore; we will support you regarding the payment processes at any time of the day.
How to get the High-Risk Payment Gateway?
Firstly, Research the service providers for your business. Secondly, choose the service provider. Thirdly and most importantly, read the paperwork and start with the integration process.
This is the shortest answer to the question. However, researching and choosing the best service provider is a huge task. HighRisk Gateways has a huge clientele that speaks for it. The approval rating is great and our integration process is swift. Moreover, there are tonnes of features to tailor according to your business needs.
A High-Risk Merchant Account is as crucial as a High-Risk Payment Gateway. A merchant account is an account for the payment gateway to process the payments. The High-Risk Merchant Account will enable you to accept the online payments on your website and store them safely in the account.
Therefore, the first step technically should be getting a merchant account for your business. Then choose the correct payment service provider such as HighRisk Gateways. Thirdly, get in touch with the service provider to avail of complete merchant assistance that is an exclusive benefit for your business. Last but not least, read the paperwork and look for all the fees and policies that are included in the services they are providing.
Why HRG is the best in High-Risk Payment Gateway?
Our Services range from Merchant Account to Payment Gateway. We have a complete payment processing base solution for High-Risk Businesses. It allows us to seamlessly assist your business with experience and expertise. If you’re high-risk business needs a merchant account or a payment gateway HRG brings you a tailored experience for each one of them.
Business model– Ensure that a Payment processor works with the business plans of action that your organization works.
Security- As high Risk traders produce more chargebacks or misrepresentation endeavours; you need a reliable chargeback prevention system framework and a diverse way to deal with security. Request antifraud apparatuses, AI-based extortion checks, on-going notices, and that’s just the beginning.
Expertise– How long the organization has been available and the experience of its chiefs is vital, particularly with regards to high risk merchant accounts. What additionally helps is their insight into every one of the intricate details of specialty in online payment solution for online businesses.
Adaptability– Track down a high-risk processor that allows you to carry out different payment scenarios to cover all your business need. In any event, when you maintain a perplexing plan of action, ensure you can examine the rates, conditions, and elements customized to your business.
Transparent Pricing- The pricing structure of the payment processor is important. Thus, watch for the transparent pricing structure of a payment processor. Be clear with regards to the amount it will cost you and that there are no covered up or additional charges. When you can’t get precise information from your potential high risk processing partner, it should ring an alarm bell in your head. Also, keep in mind that rates might be lower when your revenue goes up.
Best Technology- Is your prospective payment gateway providing multiple accounts? Would you be able to alter each component of your Payments? Does the payment platform convey adaptable APIs that give you full power over the arrangement and payment process? What you need is both fast on boarding and truly user-friendly payments without downtimes and unexpected surprises. We have the 2D and 3D payment gateway according to your business need.
Responsive Support Team- Make sure that there is someone on the other side to help you in the any issue you are facing during the transaction. Think what might happen when there are issues with payments on your website and you will get no help from your payment provider. You need to feel taken care of.
Our payment gateway solutions have an array of features that will be fiercely beneficial for your business. With fraud prevention and chargeback management, your business can mitigate the risks. With various other features, your business can reach the global level in a shorter time.