Streamline Your Online Marketplace Transactions with PayFasto’ Secure Marketplace Payment Solutions
With the right high risk international payment gateway, you can reduce transaction costs & chargebacks, increase sales, and improve customer satisfaction.
Simply put: If you’re a high-risk business operating internationally, you’ll need an international payment gateway to accept payments from customers around the world.
By partnering with PayFasto, you get access to a market-leading international payment gateway with multiple global currencies that make it easy for clients to pay in their own currency as well as track and manage their orders seamlessly.
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Imagine a scenario where your marketplace payment solutions suddenly stop working. The mere thought of it can be terrifying, right? As an online marketplace, your payment solution is an integral part of your business. Without secure and reliable payment methods, you risk losing up to 75% of your revenue.
PayFasto provides tailored marketplace payment solutions that enable you to optimize your payment processes, protect against fraud and chargebacks, and enhance customer satisfaction.
Smooth Integration With the World’s Leading Payment Providers
We understand that the success of your online marketplace relies on a robust and efficient marketplace payment solution. That’s why we offer seamless integration with the most trusted and popular payment providers in the industry.
Sit back, relax and let us handle all the headaches associated with payment processing.
Extensive Provider Network
PayFasto has established strong partnerships with the world’s leading payment providers, including PayPal, Stripe, Braintree, MANGOPAY, Adyen, Dwolla, and many more. By choosing PayFasto, you gain access to an extensive network of trusted payment providers, ensuring compatibility with your target regions and customers.
Streamlined Integration Process
Our team of experts at PayFasto understands the complexities of marketplace payment gateway integration. We have developed streamlined processes and cutting-edge technology to simplify and expedite the integration process.
With our intuitive tools and documentation, you can seamlessly connect your online marketplace with your preferred payment provider in no time.
Customized Business Solutions For High-Risk Industries
At PayFasto, we recognize that every online marketplace is unique, with specific requirements and goals. That’s why we offer customized marketplace payment solutions tailored to your business needs.
Whether you require specific payment methods, advanced fraud protection measures, or specialized reporting capabilities, we can adapt our integration to meet your exact specifications.
Security is a top priority when it comes to online payments. PayFasto takes security seriously and ensures that your customers’ payment data is protected at all times.
Our integration follows industry-standard security protocols and compliance requirements, including PCI DSS (Payment Card Industry Data Security Standard). You can trust PayFasto to provide a secure environment for your marketplace and your customers.
Always There By Your Side
We believe in building long-term partnerships with our clients. Our dedicated support team is available to assist you throughout the integration process and beyond.
Whether you have questions, need technical guidance, or require assistance with troubleshooting, our team is here to provide prompt and reliable support.
Experts in Marketplace Payment Gateways for High-Risk Industries
Navigating the payment landscape in high-risk industries can be a daunting task. However, with PayFasto as your trusted partner, you can overcome these challenges and unlock the full potential of your marketplace.
We specialize in providing marketplace payment gateway solutions tailored specifically for high-risk industries, including cannabis payment processing, ensuring seamless and secure transactions every step of the way.
Why Choose PayFasto for High-Risk Industries?
In-Depth Industry Knowledge
- PayFasto boasts a team of experts with extensive experience and in-depth knowledge of high-risk industries. Whether you operate in sectors such as online gambling, forex, nutraceuticals, adult entertainment, or any other industry classified as high-risk, we understand the unique payment challenges you face.
Our expertise enables us to offer tailored solutions that meet the specific requirements of your industry, ensuring compliance and mitigating risk.
Vast Network of Acquiring Banks
We have cultivated strong partnerships with a vast network of acquiring banks that specialize in high-risk industries. These banks understand the intricacies of your business and have a higher tolerance for risk.
By leveraging our network, we can connect you with the most suitable acquiring bank that aligns with your industry, ensuring a smooth and efficient payment processing experience.
Advanced Fraud Prevention Measures
High-risk industries often attract a higher level of fraudulent activities. At PayFasto, we employ advanced fraud prevention tools and technologies to safeguard your marketplace and protect you from financial losses.
Our robust fraud detection and prevention systems work in real-time to identify suspicious transactions, minimize chargebacks, and keep fraudulent activities at bay.
Customized Risk Management Strategies
Every high-risk industry has its own unique set of challenges and risk factors. We understand this, and that’s why we offer customized risk management strategies tailored to your specific business needs.
Our team of experts will assess your risk profile, develop effective risk mitigation plans, and implement measures to ensure a secure payment environment. With us, you can have peace of mind knowing that your marketplace is protected against potential threats.
Compliance and Regulation Expertise
Operating in high-risk industries often requires navigating complex compliance and regulatory frameworks. PayFasto has a deep understanding of the legal landscape and stays up to date with the latest industry regulations.
We ensure that our payment gateway solutions comply with relevant standards, such as PCI DSS (Payment Card Industry Data Security Standard), GDPR (General Data Protection Regulation), and PSD2 (Payment Services Directive 2), among others.
Marketplace Payment Solutions For All Industries
PayFasto offers marketplace payment gateways for various types of online marketplaces, including marketplace in high-risk industries:
- E-commerce Platforms: Streamline payments for your e-commerce marketplace, enabling sellers to accept payments and buyers to make secure transactions.
- Service Marketplaces: Facilitate seamless payments for service-based marketplaces, allowing service providers to receive payments for their offerings.
- Rental Marketplaces: Enable secure and efficient payments for rental marketplaces, ensuring smooth transactions between renters and owners.
- App Marketplaces: Power your app marketplace with our payment solutions, enabling in-app purchases and seamless transactions for developers and users.
Frequently Asked Questions About Marketplace Payment Gateway Solutions
What Is a Marketplace Payment Gateway?
A Marketplace Payment Gateway is a specialized payment processing solution designed for online marketplaces. It enables marketplace operators to securely process payments from buyers and distribute funds to sellers or service providers. It offers features such as split payments, automated payouts, and integration with multiple vendors.
How Can Marketplace Payment Solutions Benefit My Business?
Marketplace Payment Solutions provide several benefits, including streamlined payment processes, enhanced security, global payment acceptance, and improved buyer and seller experiences. They help you attract more sellers, increase transaction volumes, and drive business growth.
Is PayFasto Compliant with Industry Regulations?
Yes, PayFasto adheres to industry standards and complies with payment card industry regulations, including the Payment Card Industry Data Security Standard (PCI DSS). We prioritize data security and ensure the highest level of compliance for your marketplace payments.
What Should You Consider When Choosing a Marketplace Payment Gateway?
As an absolute minimum, we recommend you consider three main questions, when you’re choosing a marketplace payment solution:
Is the Payment Gateway Supported in Your Region?
- While popular platforms like PayPal, Stripe, and Braintree are available in most regions worldwide (USA, Asia, Europe, Australia), some payment gateways have specific geo-restrictions.
For example, Stripe is unavailable in United Arab Emirates marketplaces, and Braintree is not an option for companies targeting customers in Norway. Ensure compatibility with your target region and potential customers.
How Long Has the Provider Been on the Market?
- The longevity and experience of a payment gateway provider play a significant role in its reliability. A provider with a solid track record and years of experience is likely to have proven tools and a stable reputation. Aim for providers that have been in the market for at least five to ten years. Stripe and Braintree, both born over a decade ago, are excellent examples of stable and trusted payment gateways.
Does It Support the Needed Payment Methods?
- While most payment gateways support popular payment methods like Visa, MasterCard, Discover, and Diners Club, you may require additional unique or local payment options to cater to your customers’ preferences. Consider whether the payment gateway offers flexibility in supporting a wide range of payment methods, including emerging options like Apple Pay, Android Pay, and Alipay.