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Payment Gateways Must Ensure that Merchants Comply With Their Operational Guidelines

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Many industries have been classified as high risk by the banking and financial services industry because of the proliferation of fraudsters and scammers in those industries. For instance, the tech support and online pharmacy industries, which are considered as high risk, have seen a large number scams that defrauded scores of customers amounting to hundreds of thousands of dollars. The payment gateways responded by classifying the entire industries as high risk and denying them usage of their gateways. As a result many genuine businesses in these industries are shut out of the gateways, which mean customers are the biggest sufferers. Thankfully, you can still find a payment gateway for highrisk business that manages to keep scammers out. An entire industry must not suffer The approach of the payment gateways that refuses businesses in the high risk industries access to their platform to process payments, suggest that they are not ready to analyse the situation. It doesn’t
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Payment Gateways can Allow Online Pharmacies to Use Their Platform but Also Ensure Compliance

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The pharmacy industry is considered as high risk by payment gateways for a number of reasons, foremost being the fact that a large number of pharmacies began selling prescription drugs online without the necessary authorization. As a result a payment gateway for pharmacy has become quite difficult to find since most payment gateways are reluctant to deal with pharmacies. Irrespective of whether a pharmacy sells prescription drugs without authorization or not it will be difficult for it to find a payment gateway for its online transactions. Why online pharmacies are considered high risk Many other issues like lack of temperature control during shipping or failure of the shipper to deliver the consignment on time also are serious issues of non-compliance. Since patients are not present during the purchase of drugs on-line there may be may raise serious concern with the online purchase and delivery of drugs. Then of course, there is the issue of fraudsters posing as pharm
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KDS Card Pay is Willing to Allow Tech Support Companies Use its Gateway

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Technical support services for computer systems are an essential service without which all businesses will grind to a halt. Just as the services are provided online, the payment for the services is also made online via payment gateways as usual. A tech support provider needs to have a merchant account for tech support with a payment gateway to process all the payments from its customers. However, tech support businesses are faced with a serious problem – most payment gateways are not ready to deal with them as tech support is considered high risk. Tech support is considered a high risk industry Actually tech support industry has been categorized as high risk because of the illegal activities of some scammers who managed to enter the industry and dupe many customers. This did not happen because the scammers used superior technology to break into customer accounts, steal credit card data and charge their cards indiscriminately. It happened because many of the payment gateways
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Payment Gateways Need to Upgrade Their Technology to Safeguard End Customers

Payment gateways around the world are generally hesitant to allow businesses offering technical support services, to use their platform. This hesitancy transforms into outright denial of services in most cases because technical support services are considered high risk. There are reasons for this – many dubious elements have entered the tech support industry and have been and still are duping scores of customers every day in the name of technical support for their computer systems. This explains why it’s so difficult to get a merchant account for tech support businesses. Not fair to make the end user suffer Marking the entire tech support industry as high risk and refusing to allow all businesses in the industry from using any payment gateway is not the right approach to solve the problem posed by scammers in the industry. Not all tech support businesses are scammers and the services of the genuine businesses are desperately needed by the customers at all levels from individ
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How the Hotel Industry Ensures a Steady Revenue Flow

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The hotel industry is one of the most dynamic industries across the world as people keep travelling from one place to another for business and leisure. A large part of the revenues of the hotel industry comes from advance payments made by customers from distant locations. This is where a payment gateway for hotel industry becomes a vital platform for processing such payments made by customers from far and wide. KDS Card Pay is a well-known payment gateway that is ready to deal with all legitimate businesses barring those from the dating, adult content and gambling industries. Payment gateways and the hotel industry Today, most hotels want to avoid the hassle of handling loads of cash paid across the counter at the time of check out. They would rather have payments made through credit card or debit card or through other e-payment modes like e-wallets or e-checks. To process such payments made by customers from all over the world, a payment gateway for hotel industry be
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KDS Card Pay Carefully Assesses Payment Gateway for High Risk Business

There are very few ecommerce payment gateways around that will readily allow a business in the high risk category to use the platform. KDS Card Pay is one such payment gateway for high risk business that not just allows such companies to use the platform but also ensures that they play by the same rules as everybody else. The industries that are considered high risk are – online gambling or casinos, VOIP or telemarketing, technical support services, online pharmacies, adult content, airline tickets, bitcoins or forex trading, dating services, magazine subscriptions, e-cigarettes and timeshares among others. Tech support industry loses credibility Implementation of the operational guidelines need regulation of the transactions of businesses registered with the payment gateway for highrisk businesses . These payment gateways have also categorized many businesses that are involved in domain registration, ISP and hosting services and software downloads among others as high risk.
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A Payment Gateway for International Transaction can Safely Transact with an Online Pharmacy

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Almost all businesses today are developing an online presence because of the way the market is developing. Growing internet penetration along with smartphone proliferation has led to fast growth of ecommerce which now covers almost all industries. Online pharmacy is one such industry that has been growing very fast in today’s ecommerce market. Globally, the industry has been worth over $75.3 billion in 2017 and one of the key drivers of such growth is the dietary supplements segment in this industry. A payment gateway for international transaction plays a critical role in the growth of any ecommerce business especially online pharmacy.  High risk businesses in ecommerce It is true that speed and efficiency of businesses in accessing their markets has increased manifold in the ecommerce age, but this has not been without the usual hurdles. A payment gateway for international transaction does not offer its services to all categories of businesses especially those that a
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Reliable Payment Gateway for Tech Support

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Best E Check Processing for Tech Support USA

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Best Payment Gateway Providers

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