Payment Monitoring System: How to Track and Improve Your Payment Performance
At many companies, payment processing is an overlooked part of their day-to-day business operations. While you might carefully monitor the output of each factory line, it’s easy to forget about monitoring the rate of chargebacks from international card payments. As a business, you can’t afford to overlook your payment monitoring system. Hidden issues can lead […]
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The Best E-Commerce Platform for High-Risk Businesses
Whether you are just starting your business or have operated for years, the right e-commerce platform can make or break your success. With the best e-commerce platform for high-risk businesses, you can easily integrate high-risk payment processors and gateways. This ensures the maximum amount of uptime and prevents annoying account suspensions. To help you find […]
20 Essential Questions to Ask Before Choosing a Payment Processing Service
While choosing the right credit card processing company is an oft-overlooked decision, it is incredibly important for your bottom line. With the following questions to ask merchant credit card processors, you can determine what type of security they offer, customer support availability, and the overall fee structure. Once you sign up with a merchant account […]
List of Adyen Prohibited and Restricted Businesses
What do Vito Corleone, Sherlock Holmes, and Tony Stark have in common? Each of these characters would be prohibited or restricted from running their company’s payments through an Adyen account. In 2006, Adyen was founded by Pieter van der Does, Arnout Schuijff, and other entrepreneurs with the goal of simplifying payment processing. The Netherlands-based company […]
Payment Gateway for WooCommerce High Risk Stores
While some e-commerce apps will run payments for you, WooCommerce does not do this automatically. Although it recently began offering WooPayments in 2020, many businesses have to use their own high-risk payment gateway with WooCommerce. Once you pick a merchant account provider, you can use a plug-in or app on the back-end to process your […]
Shopify Payments Alternatives for High-Risk Businesses
By starting an e-commerce website, you can increase your company’s sales and reach customers in diverse geographic areas. Many businesses start out using convenient e-commerce platforms like Shopify. However, Shopify restricts the types of industries it works with and doesn’t provide high-risk merchant accounts. Because of this, it’s essential to find alternative high-risk payment processors […]
Finding the Right Merchant Account for High Chargeback Payment Processing
If you have a high chargeback rate, many traditional merchant account providers won’t want to work with you. Chargebacks involve extensive investigations and are costly for payment processors, which is why they often entail additional fees and expenses. As a result, many payment processors are unwilling to take on the added risk. At PayCompass, we […]
