With the constant creation of innovative industries selling high-risk products, it can be hard to find a place to send and receive payments. Domestic banks and credit card companies can be impossible to work with because of costly, time-consuming workarounds, such as proxy-based transfers, point of banking solutions, or offshore banks. Here are 3 reasons a high-risk online payment gateway is the best choice for high-risk products and businesses.
There are a few solutions that can help companies that deal in high-risk products, such as ACH (Automated Clearing House, and E-wallet, but they can take time to set up which can lead to delays in receiving funds. High-risk online payment gateways offer as a way to directly. It only takes 1-2 business days for businesses, and 1-2 minutes for customers to sign up for an account, and money will settle in as little as 1 day and you will be able to purchase immediately after signing up. High-risk payment service providers are connected to the end-user’s and merchant’s bank accounts, so there is no need for preloading. New customers and merchants have over a 99% chance of being approved and funds will be transferred right away after signing up. Additionally, continuing customers can purchase products as soon as they log in.
The high-risk payment service provider service was created by a talented team of entrepreneurs-engineers and business development professionals-from the center of Silicon Valley. They reinvented and modernized high-risk payment processing to help businesses continue to operate like normal. There is no risk of having your business shut down and your transactions will never be declined, even if you have offshore accounts. They operate domestically and everything is done legally, so customers and merchants don’t have to worry about the provider being shut down.
Security You Can Trust
High-risk online payment gateways are considered financial technology platforms that operate under government regulations that differ from banks and credit card companies. This status is what allows them to connect and transfer funds directly to bank accounts of businesses and consumers use state-of-the-art software that provides the highest level of reliability to industries. Funds are transferred to your account immediately and directly, without any middleman to create holdups, which keeps your money safe at all time during the transfer process. There is a back office suite that maintains a full ledger of every transaction, so you will never have to worry about losing track of your payments and or purchases. The service was created to handle extremely high volumes of transactions that carries over to merchant and customer on-boarding.