Eternity Law International News High-risk businesses payments processing

High-risk businesses payments processing

Published:
November 6, 2020

One of our specialties is High-risk payment processing. We serve high-risk merchant companies with the help of international banking partners and a wide range of opportunities for establishment of offshore systems. Today we are service providers for almost any high-risk business.

Our company offers high-risk payment gateway to high-risk businesses in the following areas of activity:

  • Payment transactions with cryptocurrencies
  • Sales of pharmaceutical products
  • Payments on sites providing “adult” content, porn sites and erotic chats
  • Gambling payments, casinos, auctions and more
  • Hotel reservations, buying tours in agencies, pawnshop services, etc.

Any processing center within any state defines accepting high-risk payments through credit cards as one of the most difficult tasks. The main obstacle to processing high-risk payments is the problem of handling complaints from end customers that go to the bank. However, no matter how complicated it is, the turnover of this industry has increased so much that servicing such companies has become one of the largest banking industries. For example, not so long ago an offshore scheme with a legal entity in offshore, offshore processing and a bank in which a high risk offshore merchant account is opened has become popular.

Banking solutions for high risk online payments

Some banks have a part inside VISA branches located in the region, which makes it possible for the bank to close the ID on time. Other banks have large turnovers in the LOWRISK segment, due to which they can dilute payments with high risks so much that they manage to pass through the MasterCard and VISA system filters.

Some banking structures in Eastern Europe have merged to such an extent with the apparatus of state power that they simply allow themselves to ignore court orders, and when the functionaries of card regulators are involved, sufficient “gifts” are used so that inspectors can also share with their entire top.

Recently, Chinese banking institutions have begun to work with the online acquiring segment for high-risk businesses. However, today, servicing high-risk payment transactions in China is much more expensive, and in terms of quality, it is much worse.

Aggregation of card payments

Our company has established many partnerships with various processing centers, which allows us to accept high-risk payments of any direction. Our partners perform aggregation of payments, legal cover, and dilution of chargebacks for any online business. We are ready to deal with payment transactions for antivirus products, pharmaceuticals, payments related to the gambling industry and many others.

You could be interested

Crypto License in Spain

Spanish Bank formed a register for organizations dealing with virtual currency exchanges for fiat, and creation of e-wallets. New legislative act says that crypto providers must be certified. Crypto license in Spain, which is also required for all firms wishing to operate in this sector, entitles them to spread above-mentioned services. A penalty for desire...

Opening an account in a foreign bank

Opening an account with a foreign bank is an urgent issue for those involved in entrepreneurial activities. Since the services of banking organizations have become familiar to us, their role is practically not recognized. Modern banks and financial institutions offer their customers a wide range of services and products specifically designed for individuals and business...

APIs in the UK

We can assist you in gaining the UK Authorized Payment Institution License if you desire to propose various options for clients such as funds transfers, processing of payments, or supplying opening accounts. UK government’s API and Ordinances The corporation is obligated to receive a permit from the FCA to process payments as an API in...

Company registration in Labuan

Labuan has signed more than 40 agreements to avoid double tax payments, including with France, Austria, Australia, the Netherlands and other countries. Labuan is an exemplary jurisdiction that maintains stable and trusting economic and political relations with the Malaysian island, which is a separate administrative territory. This is what attracts foreign investors. Doing business in...

The largest IT conference, iForum, will take place on June 18, 2021, at the NSC "Olimpiyskyi"!!!

Good news for everyone who misses live communication, ideas exchange in person, interaction with the best speakers — iForum will gather its participants in a month, on June 18, 2021. The decision to hold the conference this year was made by the Organizing Committee with a full assessment of the pandemia situation. As a result,...

Company registration in Curacao

Recently, Curacao deserves more and more attention as a country where it is profitable to start doing business and create a promising company there. Among the main advantages of this jurisdiction are the following: the country is trying to attract foreign investors to its pennies by modernizing the legal framework and introducing new benefits; stability...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7