High Risk Payment Processing

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Payment Processing for High Risk Merchants 

Banks classify merchants as high risk when the business is associated with a particular type of industry.  Certain industries have a greater likelihood of chargebacks than do others.

The potential for more chargebacks increases the contingent liabilities of the bank.  Even if your business has a proven history of low chargebacks, you will still be classified as a high risk account if you fall into high risk industry classification categories.

Many banks will not accept high risk accounts at all.  Since fewer banks are willing to accept the accounts, basic economic laws of supply and demand come into effect.  The banks that will accept the accounts charge higher rates.

Domestic High Risk Merchant Accounts

For high risk businesses whose customer base is primary within the US, establishing a US account is generally preferable to going offshore.  Settlement times are quicker.  Approval times are faster.  And rates are lower than offshore payment processing.

Although there are fewer banks that accept high risk accounts than standard risk, there are still many good solutions domestically.  It is therefore often prudent to investigate domestic processing first.

International High Risk Processing

There are many reasons companies consider offshore merchant accounts.  Some merchants have been advised by their business consultants to go offshore.  Still others have a large base of international customers.

Others are compelled to go offshore because of nature of their business.  Banks in other parts of the world have different underwriting guidelines that can make it easier to get approved offshore than domestically.

And sometimes companies simply want to diversify processing among different jurisdictions for redundancy and backup purposes.

Alternative Payments for High Risk Merchants

In addition accepting card payments, businesses can increase sales by offering alternative payment options.  The more ways customers have to pay you, the more orders you will receive.

For companies with US customers, adding echecks to the checkout page can increase orders by up to 20%.  Echecks let you capture sales from customers who don’t have cards, are maxed out on cards, or simply prefer to pay with a direct debit from a bank account.

Businesses with international customers benefit from adding a local bank transfer payment option.  Local bank transfers are a popular way for Europeans to pay online.  And are also used by buyers in Australia, Mexico, Central, and South America.


High risk merchants face challenges obtaining payment processing accounts.  Yet many opportunities are available for you to obtain high volume capacity processing at attractive rates.  

Establish domestic high risk processing.  Or take advantage of international merchant accounts to diversify processing and mitigate risk.  And add popular alternative payment methods to increase your sales.  

Are you a high risk merchant that wants to diversify your payment processing accounts?

Contact info@paynetsecure.net

Offshore Payment Processing

Establishing merchant accounts offshore is a wise business strategy to help you capitalize on the booming growth in international ecommerce.  The international ecommerce market grew 17% last year to $1.22 trillion.

The world is fast becoming a single marketplace, offering online merchants the ability to acquire a global customer base, increasing sales and profits. Companies that have merchant accounts with acquiring banks in each targeted market region save money on processing, increase orders from buyers, and decrease operational costs.

Participation in an international bank network gives you access to multiple banks throughout the world.  A single plug in to the network lets you manage all payment processing accounts from a central control panel.  Reporting, accounting, and reconciliation functions are easily viewed on a global or individual account basis.

Increase Orders with International Merchant Accounts

Merchant accounts offshore include multi-currency processing.  When customers shop at your site, pricing is displayed in local currency.  And the price displayed on your site at checkout is the same as what will be displayed on the buyer’s card statement.

For online sales, it is important to keep the buyer moving toward the checkout page and actually completing the sale.  When pricing is not displayed in local currency, the buyer gets confused.   There is the need to stop and think about what the item will actually cost in the currency in which the buyer is familiar, distracting from the sales process.

Don’t distract your buyers.  Showing pricing in local currency keeps the sales process moving along.  And when the customer gets their statement, there are no surprises because the amount of the product displayed on the site matches the amount that was paid.

Save Money on Payment Processing

When transactions are processed through an acquiring bank located in the same region as where the customer is located, processing costs are decreased.  There are no “cross-border” fees associated with the transaction.

In addition, interchange fees vary from region to region.  By processing payments locally, you save money by taking  advantage of lower “in-country” rates.

Decrease Operational Expenses

International merchant accounts help you reduce operational costs.  Pay local vendors, workers and overhead expenses in the region in the local currency.

Reduction or elimination in foreign exchange fees save you unnecessary expense.  And give you control of your cash flow world-wide.


Offshore merchant accounts are a smart strategy for companies that want to take advantage of the fast-growing opportunities in global ecommerce.

International payment processing helps you:

  • Decrease expenses
  • Increase sales
  • Save money on payment processing

Are interested in getting more orders from the rapidly expending global ecommerce markets?

Contact info@paynetsecure.net today.



China Union Pay Boosts Sales

Accepting China Union Pay cards is vitally important to online merchants who want to capture sales from Asian consumers.  With over 2.9 billion card holders, buyers who prefer China Union Pay as a payment option can rapidly increase your customer base and add millions of dollars to your profits.

Many payment processors say they can process China Union Pay cards.  The reality is that they cannot.

The failure occurs at checkout.  When the customer enters the China Union Pay card information, the transactions “time out” before a sale is completed.

This occurs because the processor is not connected directly to China Union Pay.  Instead the transactions are routed through another network.  That’s creates a big problem.

The result is that customers are frustrated and leave the site.  You can literally be losing millions each month in sales.  That quickly adds up to serious loss of revenue over the course of a year.

Increase Sales with Direct Connection

There is now a better way to process your China Union Pay cards.  Transactions are completed quickly.  Customers are happy.  And you reap the benefit of increased sales from a fast growing legion of buyers who want to purchase your products.

By connecting directly to China Union Pay, you capture orders that are now being unnecessarily lost.  Increasing profits.  And satisfying consumer demand for your products.

Chinese Demand for Luxury Goods Sky Rockets

McKinsey Research says the Chinese will account for 20% of all luxury goods sales by 2015.  The Chinese purchase luxury goods primarily through the internet and by travelling to retail locations outside of China.

Online merchants selling luxury items are among the biggest beneficiaries of the demand for goods.  Fashion and the products with the newest technology are keenly popular.  

Chinese customers want the real items.  Internationally known brands are favored.  Counterfeit items are no longer acceptable to savvy online shoppers.

International merchants who ignore the demand from the rapidly growing Chinese market are leaving money on the table.  Make it easy for Chinese shoppers to buy from you.  Don’t frustrate them at checkout with a card processing that doesn’t work.


China represents one of the fastest growing segments of global ecommerce. Millions of Chinese are eager to access goods and services from internet sites, regardless of where you are located.

To take advantage of the huge opportunities offered by the burgeoning Chinese markets, accept the preferred method of payment.  China Union Pay is the most popular card used by Chinese shoppers.

When you add China Union Pay to your checkout page, you get more sales from Chinese buyers.  It’s simply smart business to make it easy for customers to buy from you.  The more ways customers can pay, the more orders you get.

Do you want to get more sales from Chinese buyers who are avidly searching for your products? 

Contact info@PayNetSecure.net today