article thumbnail

What is a Good Rate for High Risk Processing?

Cardfellow

At CardFellow, we work with processors that serve high risk businesses and have pulled together some rough numbers to give you an idea of whether you’re overpaying. for an established business in a “less risky” high-risk category. for an established business in a “less risky” high-risk category. When is a rate “too high?”

Risk 98
article thumbnail

Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

In this blog post, well help you understand the factors and features you need to consider to find the right payment gateway to suit your unique business needs. Consider support for high-risk industries if applicable. Also, some businesses in industries like cryptocurrency, gaming, gambling, and travel are considered high risk.

article thumbnail

Chargebacks: A Survival Guide

Cardfellow

As mentioned in the section above, if you take a dispute to the arbitration stage, you risk paying in the neighborhood of $400 in various fees to the card brand. We spoke with Chargebacks911 , a risk mitigation firm that helps online merchants optimize profitability through chargeback management. This fee can range from $15 — 40.

article thumbnail

Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet?

Finextra

In this blog, you’ll find a clear comparison of both solutions and a step-by-step approach to help you choose the right one for your business model. Security, compliance, and transparency Without strong security, you risk user trust. They sound similar, but they serve different purposes. Make sure your wallet follows KYC and AML rules.

eWallet 52
article thumbnail

How to Choose a Payment Solution That Scales with You

Stax

In this blog, well unpack what scalability really looks like in a payment solution and how to choose one that wont hold you backwhether you’re just beginning to start accepting payments or scaling to new markets. Prevents system migration headaches If your provider cant support your long-term goals, you risk painful migrations later.

article thumbnail

Plaid Partners with Experian; Launches Fraud Prevention Solution Plaid Protect

Finovate

. “Today we’re launching Plaid Protect: a real-time fraud intelligence system that helps detect and prevent fraud from the moment a user first interacts with your app or service,” Plaid Head of Fraud Alain Meier wrote on the company blog.

article thumbnail

What is Click to Pay and How Does It Work?

Stax

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors. Security risks due to sensitive card details stored on merchant servers.