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

Peculiarities of the enterprise registration procedure in Switzerland: potential challenges

Switzerland is widely known for its stability, strong economy, making it a popular choice for businesses and international companies. However, setting up a business in Switzerland interests navigating a unique lawful framework. This article explores the peculiarities of the enterprise signup process in Switzerland, focusing on potential challenges and offering insights into overcoming them.  1....

Purpose and scope of MiCA regulation

MiCA, EU law of cryptocurrency market was put into consideration in the EuroParliament in March 2022, and as result, the amendment to limit PoW-based crypto assets, which would have efficiently resulted in a ban on Bitcoin, has obtained a rejection. Read on to find out what is the purpose and scope of MiCA regulation and...

Investment fund in Comoros

The Comoros archipelago, located in the north-west of Madagascar in the Indian Ocean, is a unique location for international business due to its strategic location and developing economy. The dynamic economic climate of the islands is due to a number of macroeconomic factors, including a stable political environment and progressive legislation aimed at attracting foreign...

Money Service Operators License in Hong Kong

In accordance with the law regulating the money market, any person or legal entity operating money services is obliged to become approved by the HK Custοms and Εxcise Department. Such regulation is backed by the AML/CTF Ordinance. According to this law, mοney service also encompasses exchanging and remitting services. Running business operations without having an...

Crypto License in Portugal

In modern financial space, a separate niche has already been formed for cryptocurrencies – digital funds that are used for settlements and actively circulate in various operations. More organizations are appearing on the market intending to offer services for the crypto-exchange, opening of crypto-currency debit cards and carrying out crypto-operations. In jurisdictions favorably accepting cryptocurrencies,...

Investment fund in Switzerland to set up

The main tendency of the Swiss economy is the financial sector. The country stands out with its dependable economic stability, preservation of banking confidentiality and political neutrality. In addition, the state dominates the world in international wealth management with a quarter percent of global market’s share. In spite of financial sector recognition, investors have to...
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