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. Substantial resources and investments in addition to hard work are needed to regulate the activities of each and every client and very few payment gateways actually want to go that far. KDS Card Pay is both willing and able to go the distance in order to regulate high risk businesses using the platform.

Categorizing an entire industry as ‘high risk’ should be avoided

Many tech support companies had adopted illegal practices that can be considered a breach of law in their efforts to generate additional revenue. As a result, many customers have suffered huge loss of their money because they were totally at the mercy of these tech support companies. Tech support is an essential service for all industries and if it is legally not available, the fraudulent elements in the industry will find ways to take more money out of desperate customers.

Customers need to become more knowledgeable

The nature of the online world is such that scammers and their malware are going to be around for as long as one can imagine. These scam outfits are able to dupe so many customers because most of them lack even the basic technical knowledge needed to deal effectively with tech support personnel. It is necessary for a customer to at least know what they are paying for and till they are unaware of some basic technicalities they tend to fall victim to these scammers.