Mainstream providers and high street banks consider some businesses as ‘high risk’; this could be due to several reasons, including the location of the business – whether it’s an offshore merchant account or if you’re operating in a high-fraud sector having experienced many chargebacks.
Main reasons for a business to be considered high-risk:
It can be difficult for businesses that are considered high risk to find a reputable, secure, and fair high-risk merchant. At OneGate we are specialized in helping high-risk businesses to find suitable payment processing, whether you are struggling to find a bank to accept your processing application or have been terminated by your existing provider and urgently need an alternative.
Most common high-risk businesses
Booking and travel agencies
Dating Services
Escort
Adult
Telemarketing
E-wallets
Online auctions
Bitcoin/Forex trading
Financial services
Computer software/hardware
Gaming
Gambling
Online pharmacies
NUTRA (nutraceuticals)
CBD
E-cigarettes
With OneGate API, we store and transfer associated transaction details of Merchant and Customer by an encrypted form to keep details secure.
We validate and monitor provided customer and order details to prevent fake data submissions and reduce chargebacks and refunds.
Using VPN and Proxy filtering, we reduce fake submissions of data, 3rd party accesses, and any fraudulent attempt to the relevant transaction process.
By validating IP Addresses and GeoData, we securely monitor and prevent fake customers, orders, and activities during the transaction process.
As part of our KYC process, we monitor customer details with criminal lists and most-wanted lists globally to improve transaction quality and security.
We work closely with the merchants to manage, reduce, and better handling of customer disputes, chargebacks, and resolve to the merchant’s flavor.
You can start with our High-Risk merchant program in three easy steps. The entire process takes less than seven days and will be guided by a dedicated account manager
Businesses are required to complete our OneGate application form to register with our High-Risk services. Based on the business details and the risk associated, we will contact our exclusive PSP providers for suitable payment methods for the business.
Upon receiving your application, our compliance team will review your business/website to assess the risk and details and will contact payment service providers with your details to set up your account on their platforms. This process takes a minimum of 3 -5 days.
After the approval and account setup, our technical team will contact you with the details for the integration. As a high-risk merchant, OneGate API will do more security measures to reduce the risk of disputes, chargebacks, and frauds.
Our 24/7 techies will help you at any time with inquiries.
