High-Risk Virtual Terminal: What It Is & How It Works

Understanding how to manage online transactions is crucial for many businesses, especially those operating in high-risk sectors. That’s what a high-risk virtual terminal is for. But what exactly is a high-risk virtual terminal, and how does it differ from the regular virtual terminals you might be familiar with? We’ve created this quick guide to help […]

Best Retail Merchant Account & Payment Processing Solution

Retail Merchant Account

In the market for a seamless and reliable high-risk retail merchant account? PayFasto guarantees a dedicated solution for all your payment processing woes. From fraud protection to 24/7 dedicated support, we’ve got all your bases covered. Seamless & Affordable Retail Merchant Account Running a business is challenging enough without cash flow issues. This is why […]

What Is A Merchant ID – Complete Guide for Businesses

What a Merchant ID is all about

Navigating the world of online business is tricky enough. One key question that every business owner should know the answer to is “What is a merchant ID?” Think of an MID (merchant identification number) as a special code that helps keep track of all the money matters for your business. Simply put, it’s a unique […]

What to Do When Your Merchant Account Has Been Closed?

What To Do If Your Merchant Account Is Closed

A merchant account may be terminated after a 30-day notice or even quite suddenly. This is an extremely worrying and damaging situation to be in for any business because they lose the ability to make transactions. The good news is that we have the expertise you need to understand how to deal with this issue. […]

Gaming Merchant Account & Payment Processing

Gaming merchant account

The online gaming industry has not only become bigger in the last few years, but its earning potential for merchants has also significantly increased.  However, the disruption means that gamers are also becoming more conscious of what to expect from providers, and this can pose a significant threat to merchants that do not transform their […]

What Is a High-Risk Transaction: Quick Guide

If you own a business in offline commerce, understanding the concept of a high-risk transaction can make or break your long-term (and honestly short-term) success. As the name suggests, these transactions carry a higher risk of something going wrong than regular transactions. But what exactly makes a transaction high-risk? How can businesses and consumers navigate […]

Can I Use PayPal, Stripe, Venmo or Square as a High Risk Merchant in 2024?

Can High Risk Merchants Use PayPal, Stripe, Venmo or Square

If you’re a high risk merchant, you’re probably used to dealing with many issues – from chargebacks, fraud payments, to declined transactions. Added to that, operating in high risk industries also comes with other challenges such as changing regulations and compliance requirements.  And if you think that using big payment providers like Paypal, Venmo, Square, […]