Payment Gateway for International Transaction

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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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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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