A high-risk merchant account is a specifically designed payment processing account for merchants that are classified in a high-risk service or product category. We at PayCly, understand the concerns of high-risk industrialists and offer them the best high-risk gateway solutions.
With the rise of the eCommerce industry in Singapore, it is often seen that merchants in large numbers are moving their businesses to the online platforms, and are willing to expand their business across the borders. However, if you are the one planning to boost your business on the online platforms and unfortunately deal in the high-risk industry, then it is essential for you to open a High-Risk Merchant Account.
Examples of few of the High-Risk Industries are:
- Adult entertainment and novelties
- Cigarettes, cigars, pipes, and smoking accessories
- Nutraceuticals
- Tech support
Etc.
Features of a High-Risk Merchant Account:
- Helps you to secure your all online transactions
- Secure transactions with our advanced fraud prevention systems
- Custom transaction reports and statistics generated in real-time
- Branded integration options including third-party shopping cart alternatives
- A dedicated account manager for your business
- Comprehensive 24/7 customer support
- A secure merchant account terminal providing data and reporting on sales, refunds and fees, chargebacks, full transaction listings, calendar activity, and much more.
A high-risk payment gateway enables the merchants to process their online transactions. Customers can easily submit their credit card information, and then can safely pass the sensitive financial information from their bank account to the merchant’s bank account. Without High-risk merchant accounts, merchants cannot accept online payments and that can affect their business in a very negative manner.
At PayCly, we offer a High-Risk payment gateway that offers the security and provides quick, safe transaction process from merchant websites and credit card networks. Having a high-risk gateway aims to save time and money for online businesses.
Benefits of having a High-Risk Merchant Account:
- High-risk merchant accounts are designed to provide the funds for High-risk businesses.
- High-risk account has an easy, streamlined set-up process
- Allowance of ACH payments. Bill payments, business to business multiple transactions, and e-commerce processing are also accepted.
- Another benefit of a high-risk merchant account is protection against chargebacks.
- Payment Gateway avoid hassle and improve efficiency and makes the transactions easy and convenient
- High-risk merchant accounts allow companies to accept different types of payments in different currencies
We at PayCly’s have the expertise in providing payment gateway for a high-risk business that would help your online business with an imminent development and will let you experience a better revenue. We offer the most ideal and compelling payment solutions for your e-commerce business with a module that can be incorporated with about each shopping basket. Our team of experts’ will meet your preparing necessity as we have an association
A high-risk gateway offers online businesses a safety net, that protects them from any sort of chargebacks and frauds.
Read our another blog post : international credit card processing
High Risk Payment Gateway 