High Risk Merchant Payment Solutions.
Reduce Chargebacks and save on card processing fees.
Businesses involved in certain sectors are often categorised as “High Risk Merchants” by payment processing providers.
These sectors can include Online Gaming, Travel, Luxury Items, Adult Entertainment – and indeed any others with a higher level of Chargebacks.
Vendreo is ‘industry agnostic’, relying on the security of Open Banking API’s to seamlessly enact money transfers to and from your business account, without the need for nervous and time-consuming payment processing gateways.
GETTING YOU PAID FASTER
Instant Payment Settlement with Vendreo
Fast & Secure
Payments are made instantly to your business by your consumers. No delays, straight from their online banking app to your business bank account.
Any refunds or awards to your consimers can be made just as quickly.
Better for you, better for your customers.
GETTING YOU PAID FASTER
Instant Payments with Vendreo
Fast & Secure
Payments are made instantly to your business by your consumers. No delays, straight from their online banking app to your business bank account.
Any refunds or awards to your consimers can be made just as quickly.
Better for you, better for your customers.
Industry Agnostic.
The integral added security within Open Banking limits the risk of card fraud significantly. High-Risk becomes Low-Risk.
High-Risk Merchants using Vendreo Open Banking APIs for payment processing benefit from less chargebacks.
Say goodbye to punitive rates and rolling reserves for payment processing.
Get paid in an instant.
Payments are sent instantly from your customers’ UK bank accounts directly to yours.
Your customers use their own Online Banking App to pay you with a single tap of a button.
Funds are instantly transferred.
Inbuilt biometric security removes the risks of card fraud.
Better online protection.
By using Open Banking API’s, payments to and from your business are secure, seamless and instant.
Unlike credit and debit card processing, Vendreo Pay benefits from instant processing and reduced fraud and chargebacks.
Vendreo Pay connects directly to the customer’s Online Banking App, taking advantage of advanced biometric security
High Risk Merchants Benefit By Using Vendreo Pay
About High Risk Merchants
The seamless solution for High Risk Merchants with Vendreo
High risk merchants are typically defined as businesses that face a higher likelihood of chargebacks, fraud, or regulatory violations, and are often in industries such as gaming, adult entertainment, or online dating. They may be considered high risk due to a variety of factors, including a high volume of transactions, a high average transaction value, or a high incidence of chargebacks. These merchants may be required to pay higher processing fees, or may have difficulty finding a payment processor willing to work with them.
High Risk Merchants are explained here.
High Risk Merchant Accounts can prove difficult to open because of the risks to the payment processor. We have a Guide here.
High Risk Merchants can face higher processing fees, the requirement for rolling reserves, and more. We discuss the disadvantages here.
Rolling Reserves for High Risk Merchants can severely affect cashflow. More information here.
We have compiled this guide on Best Practices for High Risk Merchants.