#high risk international merchant account

[payment-process-services]

High-Risk Payments Gateways: A Specialized Solution for High-Risk Payment Problems

You may be wondering what high-risk payments are. In this blog post, we will shed light on high-risk payments, their problems, and their solutions in depth.

What are High-Risk Payments?

High-risk payments are the payments received from your high-risk business operations. You receive payment when you sell your high-risk industry's goods or services. These financial transactions are considered to carry a higher level of risk for the parties involved. These transactions often involve factors that make it more likely for the payment to result in fraud, disputes, or financial losses. High-risk payments are typically associated with specific industries, business models, or circumstances that are more susceptible to certain risks. Usually, transactions conducted in businesses, such as online gaming, gambling, casinos, poker, sports betting, adult entertainment, sex toys, subscription-based services, forex, tobacco, e-cigarette, tech support, offshore businesses, etc., are the high-risk payments. To mitigate the fraud and chargeback risk and provide customers with a smooth and seamless payment experience, these businesses require specialized high risk payment gateway solutions and similar other associated solutions, such as high-risk merchant accounts or industry-specific merchant accounts. 

The Problems

High-risk payments can present several issues and challenges for businesses and financial institutions due to the elevated level of risk associated with these transactions. Some of the primary issues with high-risk payments include:

i.              Higher Chargeback Rates:

High-risk transactions are more likely to result in chargebacks, where customers dispute a payment with their credit card issuer or payment provider. This can lead to financial losses for the seller, as they may have to refund the payment and incur chargeback fees.

ii.             Increased Fraud Risk:

High-risk payments are often targeted by fraudsters who use stolen credit card information or engage in other fraudulent activities.

iii.           Regulatory Compliance Challenges:

Many high-risk industries are subject to strict regulations and compliance requirements, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) rules.

iv.           Payment Processing Difficulty:

High-risk businesses may struggle to find payment processors willing to work with them.

v.             Reputation Damage:

Engaging in high-risk payments can harm a business's reputation, especially if it is associated with fraud or unethical practices.

vi.           Financial Instability:

Businesses in high-risk industries may experience financial instability due to the unpredictability of chargebacks, disputes, and regulatory issues.

vii.         Increased Operational Costs:

Implementing stringent fraud prevention measures, compliance processes, and customer support services to manage high-risk payments can increase operational costs for businesses.

viii.       Limited Access to Traditional Banking Services:

Some high-risk businesses may have difficulty accessing traditional banking services, including business loans, merchant accounts, and credit lines, which can hinder their growth and operational capabilities.

ix.           Market Volatility:

In industries such as cryptocurrency and forex trading, market volatility can lead to significant financial losses for both businesses and customers.

x.             Legal and Regulatory Risks:

High-risk businesses may face legal challenges, fines, or even shutdowns if they do not comply with industry-specific regulations or engage in illegal activities.

These are some well-known issues high-risk payments carry with them. To mitigate these risks, let's see the solution in the next paragraph.

The Solutions

We understood the problems first; now, let’s see the solutions. To eradicate the problems associated with high-risk businesses and their payment systems, companies need specialized solutions. These specialized solutions are crafted with top-level security measures and other relevant tools to eliminate potential risks. High-risk business payment gateways, high-risk merchant accounts, credit card processing, fraud and chargeback prevention tools, and risk management systems are some of the most demanding high-risk payment solutions. In this blog, we will focus on high-risk payment gateways, but in some other blogs, we will deeply cover all the high-risk payment solutions individually. So, to make yourself more informed about your business financial solutions, make WebPays your financial associate.

Moreover, businesses themselves can also mitigate the risks associated with high-risk payments by implementing various security measures. They can implement stricter verification processes, monitor transactions more closely, and use specialized payment processing services that are equipped to handle high-risk industries. Additionally, they may set aside reserves to cover potential chargebacks and disputes. Regulatory compliance is also crucial in many high-risk industries to avoid legal issues.

High-Risk Payment Gateways Help Mitigate Risk

Payment gateways for high-risk play a crucial role in mitigating the risk associated with high-risk payments. By processing high-risk payments securely, they empower businesses to accept each and every payment from customers. Here's how high risk business payment gateway help mitigate risk:

(a)          Risk Assessment and Underwriting:

High-risk payment gateways typically have sophisticated risk assessment and underwriting processes. They carefully evaluate businesses before onboarding them, assessing factors such as industry type, business model, creditworthiness, and past chargeback history. By identifying high-risk businesses upfront, they can set appropriate risk mitigation measures.

(b)         Fraud Detection and Prevention:

High-risk payment gateways use advanced fraud detection tools and technologies to monitor transactions in real-time. They employ machine learning algorithms and AI-driven solutions to detect unusual patterns or suspicious activities that may indicate fraud. This helps prevent fraudulent transactions from being processed.

(c)          Enhanced Security Measures:

Payment gateways for high-risk often provide enhanced security features, including tokenization, encryption, 3D secure authentication, and other state-of-the-art secure payment processing protocols. These measures protect sensitive customer and payment data, reducing the risk of data breaches and fraud. Moreover, they comply with all international safety regulations, such as PCI-DSS and GDPR.

(d)         Chargeback Management:

High-risk businesses are more susceptible to chargebacks, which can result from customer disputes, fraud, or other issues. Payment gateways specializing in high-risk industries offer robust chargeback management services. They help merchants track, dispute, and manage chargebacks effectively to minimize their financial impact.

(e)          Customized Risk Mitigation:

High-risk payment gateways tailor their services to meet the unique needs of high-risk businesses. They may offer risk-scoring systems, AVS & CVV checkers, or transaction limits that are specific to the industry or merchant's risk profile.

(f)           Monitoring and Reporting:

These gateways give merchants a powerful dashboard with access to detailed transaction data, reporting, and analytics. This enables businesses to monitor their payment activities, track trends, and identify potential issues proactively.

(g)         Relationships with High-Risk Banks:

High-risk payment gateways often have established relationships with banks and financial institutions that are willing to work with high-risk businesses. This ensures that merchants have access to reliable banking partners.

(h)         Continual Risk Assessment:

High-risk payment gateways continually assess and adapt their risk mitigation strategies to stay ahead of emerging threats and changing regulatory environments. They may adjust their risk models and fraud prevention techniques as needed.

Besides these solutions, a high-risk payment gateway provides hundreds of other benefits to the merchants. They help them expand their international reach, they help grow their customer base, and ultimately help them boost their revenue.

Conclusion

Accepting high-risk payments from customers is not an option but an obligation for high-risk businesses. For high-risk businesses, high risk payment processing became a lifeline. They provide high-risk payment solutions, such as high-risk payment gateway and merchant accounts for businesses involved in elevated-risk industries. We learned in the blog how payment gateway helps mitigate risk. Choosing an ideal high-risk payment gateway provider that can align with your business and offer you a smooth and seamless payment processing experience is also important.

One such provider is WebPays, a leading high risk international merchant account provider. WebPays has extensive experience working with high-risk industries and eliminating the risk associated with high-risk payments. They offer top-notch security, advanced AI-based fraud and chargeback prevention tools, and a risk management system so that you can accept each and every payment from global customers. WebPays offers its services not only to regulated merchants but also to unregulated industries. So, if your business is considered high-risk and you are suffering from problems, then embrace WebPays for the solutions. Apply now.

[paymentguru01]

Payment Guru is one of the best high risk payment gateway providers for all type and size of businesses. They provide the best online payment gateway services for all type and size of businesses. Visit the site now - https://payment-guru.com/

[highriskgateway]

High-Risk Merchant Account for International Payment to Break Through the Barriers with Global Merchandize 

International Payment Gateway can be a significant choice when choosing to expand your business into global market. Customers now have access to more efficient and smooth payment methods as a result of the phenomenal rise of E-commerce. The evolution of the eCommerce sector is being pushed by its unique integration of modern solutions, best-in-class adaptable technology, and substantial…

[forextradingmerchantaccount]

Top 5 Reasons Why You Should Start a Forex Trading Merchant Account with PayCly

Starting a Forex trading merchant account with PayCly offers numerous advantages for individuals and businesses engaged in international Forex trading. Here are the top 5 reasons why you should consider initiating a Forex trading merchant account with PayCly:

Specialized Forex Payment Solutions

PayCly provides tailored Forex payment solutions designed to meet the unique requirements of international Forex trading. With a focus on secure and efficient payment processing, PayCly ensures seamless transactions for Forex traders, enabling them to accept international payments with ease. By offering specialized Forex merchant accounts, PayCly streamlines the payment process, mitigates risks, and enhances the overall trading experience for Forex professionals.

High-Risk Payment Processing Expertise

Forex trading is often classified as a high-risk industry due to its volatile nature and potential for chargebacks. PayCly specializes in high-risk payment processing and understands the specific challenges faced by Forex traders. By leveraging advanced fraud prevention tools, robust security protocols, and chargeback management strategies, PayCly minimizes risks associated with Forex transactions, providing a secure payment environment for traders operating in the international market.

Global Payment Acceptance

With an international Forex trading merchant account from PayCly, traders gain access to a wide range of payment options and currencies, facilitating seamless cross-border transactions. PayCly's payment gateway supports multi-currency acceptance, enabling traders to accept payments from clients worldwide in their preferred currency. This global payment acceptance capability enhances the reach of Forex traders, allowing them to expand their customer base and conduct transactions efficiently on a global scale.

Comprehensive Industry Support

PayCly offers comprehensive industry support for Forex traders, including e-commerce merchant accounts, offshore merchant accounts, and specialized solutions for various segments within the Forex industry. Whether you are an individual trader, a Forex broker, or an online trading platform, PayCly's industry-specific merchant accounts cater to your unique needs, providing a tailored payment solution that aligns with the dynamics of international Forex trading.

Efficient Transaction Management

By partnering with PayCly for a Forex trading merchant account, traders benefit from efficient transaction management tools that streamline the payment process and enhance operational efficiency. PayCly's payment gateway platform offers real-time transaction tracking, recurring billing options, e-invoicing capabilities, and customizable features that empower traders to manage their transactions effectively. With timely payouts, routine settlements, and 24/7 customer support, PayCly ensures a seamless and reliable payment experience for Forex traders.

Conclusion:

In conclusion, initiating a Forex trading merchant account with PayCly presents a strategic opportunity for individuals and businesses engaged in international Forex trading. With specialized payment solutions, high-risk payment processing expertise, global payment acceptance, comprehensive industry support, and efficient transaction management tools, PayCly empowers Forex traders to navigate the complexities of the international Forex market with confidence and efficiency. By choosing PayCly as your payment partner, you can unlock a world of possibilities in international Forex trading and elevate your trading experience to new heights.

For more information visit our blog: The Most Important Features and Approaches of Highlighting the Correlation's Power in Forex Trading

[offshore-merchant-account]

What is an Offshore high risk merchant account? Is it easily obtainable for businesses?

With constant advancements in technology, ways of operating businesses have also been upgraded. Offshore high risk merchant account is the epitome of technological advancement that facilitates businesses to accept payments from customers worldwide. The trend of online payment is at its peak and hence, irrespective of boundary or location, businesses established offshore can interact with their target audience and accept the money for delivered products and services.

Several high-risk businesses have witnessed immense growth and development in their sales with the use of merchant accounts. Instead of relying on local customers, businesses can reach a large audience effortlessly. The off-shore merchant account emerges as a boon for e-commerce businesses that list several products on their website to make huge sales.

What businesses are Offshore high risk merchant accounts effective for?

Offshore high risk merchant accounts are meant for high-risk businesses that are bound to confront financial instability, legal issues, and fraudulent activities. These accounts are designed to cater to the needs and requirements of high-risk businesses as these businesses often struggle to obtain traditional merchant accounts depending on various factors such as high chargeback rates or risk and challenges associated with the reputation.

Moreover, opening an offshore merchant account comes with countless challenges. Indeed, it is not a one-step process. High-risk businesses are supposed to comply with all required norms and adhering to tax rules is one of the compulsory regulations.

What are high-risk businesses that can benefit from offshore high risk merchant accounts?

Adult entertainment

Adult entertainment businesses are those businesses that generate revenue by producing and offering porn content to their target audience. These businesses cater to the requirements of adults and consist of several online platforms that feature and demonstrate adult content or services. Obtaining a high-risk merchant account becomes mandatory for adult entertainment industries

Online e-commerce platforms

The e-commerce industry is always flourishing with its boundless reach to its target audience all across the globe. Owing to the high risk associated with e-commerce platforms, an offshore merchant account seems to be the only effective way to keep all the business activities operational. These accounts let businesses accept payment in multiple currencies with multiple and convenient payment options.

Online gambling businesses

Online gambling is nothing short of sought-after entertainment for people across the globe. This could be the reason why the online gambling industry is ever-evolving. Instead of visiting the casino physically, one can access a plethora of platforms online to participate in various gambling activities. The cost of operating these businesses is always at risk. Henceforth, high risk merchant accounts opened in foreign places guarantee the smooth flow of operations. Even though these accounts come with countless benefits for online businesses, getting high risk merchant account instant approval is not always easy.

Getting instant approval for an off-shore merchant account is a hard nut to crack. However, in case businesses comply with regulations provide required documents, and have experienced corporate services providers, their chances of obtaining the merchant account become higher.

How to get an instant approval for an Offshore merchant account?

Several factors play a vital role in getting instant approval for merchant accounts. Below we have explained essential tips that can help you obtain these accounts faster.

Conduct thorough research to find a reliable offshore merchant account service provider with a history of many years of providing businesses with these accounts faster. Find a service provider that has a history of dealing in international businesses.

Do the required paperwork

Get all the compulsory documents with regard to businesses in hand before initiating the application process for merchant accounts. Documents you need to keep in your hands in advance are details related to the registration of your businesses, bank statements, and financial statements, identification papers, business processing history papers, etc.

Boost credibility with a strong credit history of your business

Business credit history is a record that reflects the fact that how businesses regulate and manage their financial obligations and debts. Businesses have credit histories that are taken into consideration by suppliers and clients to check the authenticity and credibility of the business. Once you follow these above-mentioned points, it will enhance your chance of getting a high risk merchant account with instant approval.

[merchantservices444]

Decoding High-Risk Products and Services in the Payment Industry

[advancedzero]

Is a Zero-Fee Credit Card Processing Program Good for Your Business?

 Would significantly reducing your processing of credit card costs help you increase your profit margins? Zero-fee processing can assist in cutting or removing your credit card processing costs by shifting the expenses onto your consumers, so if you take credit cards, you may have heard of it. How does it function?

 When it comes to zero-fee credit card processing, there are two methods. You can apply cash discounts or conduct a surcharge campaign. Let's examine both possibilities to determine whether a program for zero-fee credit card processing is appropriate for your company. 

 What is a cash discount?

 Due to the high fees associated with credit card processing, it is very expensive for businesses. That is a problem for companies with limited resources. If you have chosen to take credit and debit cards, swipe fees, also known as interchange fees, may become a financial hardship for your company. The key justification for why so many businesses are thinking about using cash discounting for processing credit card services is this.

 There are many advantages to the cash discount program for companies of all sizes and sorts, but there are also disadvantages. We'll lay everything down below because, unfortunately, the majority of business owners are unaware of what this program is, its advantages, or its drawbacks. But first, let's go through its definition and operation.

 A cash discount program, also known as cash discounting, refers to the strategies used by retailers to pass on to their clients or cardholders the expenses associated with taking credit and debit cards.

 Cash discount schemes allow businesses to reduce the costs associated with processing credit cards, which will result in a substantial decrease in

per month for their processing bill. The retailers boost their pricing by placing simple, noticeable signage on the storefront and giving discounts to clients who pay with cash.

What are Surcharging Credit Cards?

 The fact that businesses pay fees when they take credit cards is one of the reasons surcharges have been permitted. These charges to companies often run between 1% and 3% of each transaction. Businesses may also be responsible for per-transaction fees (which may be less than credit card fees for debit cards). When clients pay with such a credit card, it might be challenging to turn a profit in particular businesses, like those that depend on little transactions. 

Some companies now consider these payments to be an unavoidable expense. However, for business owners, the financial blow may be crippling, diverting important resources from prospects for expansion and innovation. An option is to impose surcharges, which let companies charge customers who use credit cards for paying the cost of acceptance. Customers still have no-fee choices, such as using a debit card to pay, even with surcharging.

 Which is a better option? Cash Discounts or Surcharging

 Customers pay the credit card costs through both a surcharge scheme and a cash discount program. If you, the merchant, add to or deduct from the total makes a difference. A surcharge is applied whenever the list price is increased. A cash discount occurs when the list price is deducted.

 The third sort of program is also available; it is referred to as a "non-cash adjustment" program. In this kind of program, all of your merchant price levels are mentioned as cash prices, and whenever a credit card is used, a "non-cash adjustment" fee is added. This sort of program is presented as a cash discount program, but it’s regarded as a surcharge program because the cost is Added to the total.

Why choose us?

 We can assist you in keeping your business account services free of expensive monthly costs. Zero card processing costs can enable you to reinvest more of your revenues in your company if you're short on cash. Additionally, you are allowed to modify the cost of your goods or service to suit your requirements.

 Guaranteeing that all sensitive data stays with the supplier rather than being kept somewhere else, like internal servers or mobile devices, may also offer better security than choices. Many business owners utilize free processing of credit cards to thwart fraud and guarantee that their organization won't be held liable for erroneous transactions.

 We don't bind you to a lengthy contract, charge for equipment, or impose any up-front expenses. Thus getting started is simple with advanced zero processing fees.

[superiorfinancialaction]

What is the true cost of your high-risk merchant account?

 You will be classified as a high-risk merchant & consequently need a high-risk merchant account if your company is thought to have additional "risks" associated with it. Many business owners aren't even aware that their business model fits into that high-risk sector until they receive failure after failure from large banks refusing their requests for payment processing during the early process of planning operations for their firm.

 Existing high-risk payment processors are not only equipped to set up your company with payment processing choices, but they are also masters at doing it in a way that meets the demands of your particular sector and high-risk vertical. However, choosing the proper business to deal with can be quite challenging, leaving many business owners with more concerns than they have answers. The greatest of these is how much a high-risk merchant account would cost.

 The costs associated with a high-risk merchant account might be significant. Take notice of the price you will spend and the fact that you will locate anything appropriate for your requirements. Giving your high-risk company accessibility to the processing help it needs without going over budget should be the goal of the task.

Why are high-risk merchant accounts more expensive than low-risk ones?

 Everyone in business is there to earn money, right? The parties involved in setting up your business to accept debit and credit card transactions are you as the merchant, the banks that support merchants, as well as the payment processing firms. However, for one very clear reason—your business model contains too many unknowns to allow them to lose money, and supporting your company is just too risky—traditional banks and major lenders are much more likely to run inside the opposite way from high-risk merchants. 

 Due to this, the payment processing businesses who are prepared to work with your company do so with the understanding that you pose an increased risk, and as a result, they must bear a greater financial risk. These businesses are to better analyze the risk evaluation when bringing back a mutually advantageous offer since they often undertake underwriting in-house and have a greater range of underwriting allowances.

 To balance the risks associated with providing your business with payment processing choices, the charges associated with getting your high-risk merchant account approved will ultimately come out of your bottom line. Processing costs, or the amount you must spend to handle a card transaction, apply to all merchant accounts. The fee is in addition to any interchange rates that a credit card system will use. These fees are levied by a processor to cover the expense of processing payments through the exchange. Although the particular cost will vary depending on your sector, the charge is a flat amount that applies to all transactions.

Generally speaking, high-risk companies will pay more in processing costs. It could be a few tenths of a percentage point more than what a corporation with low risk spends.

On which factors does the payment of a high-risk merchant account depend?

 Each supplier will charge a different sum for high-risk merchant accounts. But how much you'll pay for the service will also depend on your company's circumstances.

 Your spending on your high-risk merchant account will be influenced by several factors, including:

 Your current credit rating

Your chargeback percentage

How successfully, if at all, have you been collaborating with other processors?

Your industry and its rules; uncontrolled sectors or those with murky legal issues may be more dangerous.

How you're handling your payments; if you choose a regular billing approach that could be prone to mistakes or duplicate entries, you might spend extra.

Why choose us?

 The good news is that each payment processing firm has a unique set of standards and underwriting capabilities. As a result, one company may view your organization as a red risk while another may view it as a blue risk. You can't succeed in a company without eCommerce, but maintaining the success and integrity of your processing payments will likely cost you more than you'd want. Debit & credit card payment handling is one of the double-edged swords.

 We provide high-risk merchants with incredibly affordable rates without sacrificing the best possible service. We have the most affordable prices in the business and are specialists in all high-risk industries. You may begin your business taking payments in as short as a few days by starting your search again for top white glove screening services here.

[paycly0]

The best security features of top Payment Processors for Credit Card Processing in 2024

In 2024, high-risk merchant credit card processing continues to be a crucial aspect of the financial industry, especially those operating in high-risk industries. High-risk merchant credit card processing requires a payment processor that not only offers seamless payment solutions but also prioritizes security. As we look ahead to 2024, several payment processor for high-risk business stand out for their exceptional security features and comprehensive services.

One of the top payment processor for high-risk business in 2024 is Paycly. With its advanced fraud prevention tools and robust encryption technology, Paycly guarantees the highest level of security for high-risk merchants.

By implementing tokenization, which replaces sensitive card data with unique tokens, Paycly minimizes the risk of data breaches and unauthorized access. Additionally, their state-of-the-art fraud detection system uses artificial intelligence and machine learning algorithms to identify and prevent fraudulent transactions in real-time. This combination of cutting-edge security features makes Paycly an ideal choice for businesses seeking secure credit card processing.

One of the best security features offered by top payment processor for high-risk business in 2024 is tokenization. Tokenization involves replacing sensitive cardholder information with unique identification symbols, known as tokens. These tokens are then used for payment processing, while the actual credit card data remains stored securely off-site in a token vault.

This process adds an extra layer of security, as even if a breach were to occur, the stolen tokens would be useless to hackers. Tokenization helps to minimize the risk of data theft and fraud, providing peace of mind to high-risk merchants and their customers.

Another essential security feature that top payment processors offer is encryption. Encryption ensures that sensitive data is scrambled during transmission, making it unreadable to unauthorized individuals.

By using robust encryption algorithms, payment processors protect credit card information from interception and unauthorized access. In 2024, payment processors are continually improving encryption protocols to stay ahead of potential threats. This includes implementing stronger encryption algorithms and regularly updating their systems to address any vulnerabilities that may arise.

Fraud detection and prevention tools are also among the best security features provided by top payment processor for high-risk business in 2024. These tools utilize advanced algorithms and machine learning techniques to continuously monitor transactions for suspicious activity.

By analyzing various factors such as transaction patterns, location, and purchasing history, these tools can identify potential fraudulent transactions in real-time. High-risk merchants greatly benefit from these fraud detection and prevention tools as they help minimize chargebacks and protect against fraudulent activity.

Furthermore, top payment processors prioritize compliance with industry standards and regulations. They ensure that their systems adhere to stringent security requirements such as Payment Card Industry Data Security Standard (PCI DSS) compliance.

PCI DSS sets guidelines for the secure handling of cardholder data and mandates regular security assessments to identify and address vulnerabilities. By complying with these standards, payment processors demonstrate their commitment to maintaining a secure environment for credit card processing.

To summarize, top payment processors for credit card processing in 2024 offer a range of robust security features to protect against potential threats. Tokenization, encryption, fraud detection, and compliance with industry standards are among the best security measures implemented by these processors.

Paycly a high-risk merchant credit card processing that prioritize security and offer comprehensive solutions tailored to the needs of businesses operating in challenging industries High-risk merchants can rely on these features to safeguard their customers' sensitive information and maintain trust in their business operations. As technology continues to advance, it is crucial for payment processors to stay at the forefront of security innovation to ensure secure credit card transactions well into the future.

By partnering with these payment processors, businesses can ensure secure credit card processing and focus on growing their operations with peace of mind.

Visit us at: Offshore merchant account Originally published on : Medium

[webpayspg]

It is quite simple to explore Google and search for high-risk international merchant account providers in Europe (Albania, Malta, Cyprus, Netherlands, Italy, etc.) with increased reviews. But, it should not end here. High-risk business merchants should access the search for the best high-risk merchant account provider with a more deliberate plan. Have in mind that your payment gateway provider is not just another service provider to let your business function and assist you in bringing in earnings. It should be a cooperatively helpful and coordinated structure. Also, don’t be tempted by who delivers the best prices. Most high-risk international payment gateway providers use custom pricing structures to best fit your business requirements and risk factors. It would be extremely helpful if you take the time to fix a consultation with the company’s executive to completely examine these specific details.

[isabella123123123]

International Payment Transfer

The world has fast become a global hub- in the past few decades, more people have been moving between countries for study and work opportunities. The number of migrant workers has also increased, leading to a rise in goods and cross-border money movements.

For more information Contact us at:

(+44) 0 (800) 887 0291

sales@paystudio.vip

State of The Art, White Label Solution

Follow PayStudio to get daily information about payment gateway, fintech industry, gaming industry, forex, and many more.

https://www.linkedin.com/company/paystudioo/

[speedychaoswolf]

Worldwide high risk credit card processing can assist you in processing your high risk merchant account in Florida without incurring any costs. Please call us at 561-676-1978 or visit our website at www.worldwidehighriskcreditcardprocessing.com for more information.

[emerchantpro]

 A truly international merchant account will have capabilities that go beyond those of a standard payment processing platform. Here’s what you should look for.

[advancedzerofeeprocessing]

In Florida, Advanced Zero Fee Processing provides a low-cost merchant account. We are reputable companies that offer low-cost merchant accounts with no processing fees. Please call us at 561-698-0005 or visit our website at www.advancedzerofeeprocessing.com  for further information.

[allidrawscomics]

Patreon is having payment issues 4/25/2024

I've been receiving comments from multiple people lately saying that they're having trouble signing up to my Patreon. For whatever reason their transactions are being declined. I apologize for the frustration! My spouse did their best to compile related info that might be causing the problem so I'll share it here for future reference.

1. Patreon requires an instant funding source (credit/debit card or bank account) to be associated with all PayPal transactions, even if there are already funds available in the PayPal account. The transaction will fail if your PayPal account is not linked to a card or bank account.

2. Authorizing international transactions through your bank/card, as they are sometimes automatically flagged and declined.

3. Authorizing P2P (peer to peer) payments through your bank/Paypal, as sending money through Patreon may be classified as a cash advance instead of a subscription. Issue may be specific to PayPal and/or Australian banks

4. Patreon's MCC (merchant code) may have changed to a "high risk" code associated with telemarketing, gambling, and porn sites. This may be resolved by telling the bank to allow high risk transactions.

This is the link most often provided to those experiencing issues with payment: https://support.patreon.com/hc/en-us/articles/203913799-Retry-my-declining-payment

Paypal specific: https://support.patreon.com/hc/en-us/articles/115001917686-Can-I-use-PayPal-on-Patreon