High Risk Payment Processing
XPress Processing offers premium high-risk processing services to merchants around the world. Unlike other payment processors, XPress Processing takes a unique approach to High Risk Merchant Boarding.
High Risk Merchant Boarding is the actual process of reviewing the application, investigating the merchants URL(s), requesting and gathering required documents, approving and then boarding a High Risk Merchant, and getting them to begin processing with our system. By reviewing each application on a case by case basis we are able to achieve the highest rate of merchant approval, for the largest variety of industries.
URL aka Uniform Resource Locator, also known as web address, is a specific character string that constitutes a reference to a resource. In most web browsers, the URL of a web page is displayed on top inside an address bar. An example of a typical URL would be “http://en.example.org/wiki/Main Page”. A URL is technically a type of uniform resource identifier (URI), but in many technical documents and verbal discussions, URL is often used as a synonym for URI
High Risk Merchant Account Features
Credit Card, ACH and eCheck Payments
- ACH aka Automated Clearing House is an electronic network for financial transactions in the United States that result in money being placed in the receiver’s account at the destination financial institution. ACH payments are simply electronic transfers from one account to another.
- Real-Time Payment Processing is the act of data processing that appears to take place, or actually takes place, instantaneously upon data entry or receipt of a command. It is the processing of transactions the instant each is received by, or entered into, a computer system.
- MOTO: Transactions where a cardholder orders goods/services from a merchant by telephone, by mail, or by other similar means and neither the card nor cardholder is present at the merchant outlet.
- MOTO Terminal is used for phone, fax and mail order.
Advanced Anti-Fraud Security Services: When Fraud Protection is on, the URL of each Web site you visit is compared against a database of known fraudulent sites. If the URL matches one in the online fraud database, or if the URL is associated with a domain that is known to host such scams, the website is blocked, and a message is displayed within the browser window.
Sophisticated Transaction Screening: Risk is an effect that occurs in a series of events that takes place in several locations whether it is good or bad. It depends on the probability of the event becoming an issue, and the effects it would have, and what could happen. Probability is how likely this could happen, effect is how bad it could be if this happens. Risk Management formulates plans and procedures on how to mitigate, control, or stop these kinds of occurrences.
Advanced Statistics And Reporting: XPress Processing’s proprietary reporting interface provides merchants with real time information across all their accounts, cardholders and processing activities. With configurable functionality to suit your needs, XPress Processing provides you with a vast selection of online reports, including transaction statistics, sales, refund and fee reports, chargeback reports, full transaction listings, calendar activity and more. In addition to transaction reporting, all merchants are provided with account management abilities through XPress Processing’s robust Merchant Backend. Here merchants can search for individual transactions, set user permissions, process manual payments (MOTO), issue refunds, view payment ledgers and view the status of their rolling reserve.
Recurring Billing Services: Automate timely and multiple billings for new and existing accounts.
24 Hour Customer Support: If you are in need of any assistance please know that you can call on any of us at XPress Processing to assist you twenty four hours a day-seven days a week aka 24/7.
Affiliate Payment And Tracking Services: Affiliate is a company that is hired by your company to market, target customers, and bring leads to your business. Affiliate Tracking gives you the ability to monitor and review the affiliates working for your company. This is a great tool to utilize because you can see what affiliate is bringing business to you, what affiliate that is not, and what exactly the affiliates are doing to bring in business.
Offshore, Onshore And Global Accounts: Offshore Merchant simply means that the bank that processes your customer’s credit cards/eChecks is located in a different country than your business. Onshore means that the bank that processes your customer’s credit cards/eChecks is located in the same country that your business is located.
At XPress Processing, we understand the significance of high risk merchant security. High Risk Merchants are a specific classification of merchants with a higher risk of customer sales disputes, higher risk of returns and a higher risk of chargebacks. Any online business is considered high risk because the credit card is not present for verification. Through our proprietary fraud detection system, merchants are assured maximum payment security for all transactions passed through XPress Processing’s secure gateway.
Payment Gateway is software that authorizes credit card or electronic check transactions over the internet. Payment Gateways protect credit card and bank details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.
With each transaction closely monitored, XPress Processing will successfully minimize the occurrence of online fraud, providing you with seamless processing and minimizing your chargebacks.
Chargebacks: A transaction returned through interchange by an issuing bank to an acquiring bank. This is the return of funds to a consumer, forcibly initiated by the issuing bank. A transaction may be returned because of rules and regulations violations, because the sale is disputed by a cardholder or as a result of fraud.
For more information about XPress Processing’s fraud minimization services, click here.