Payment solutions for your high-risk business
One of the key features of the high-risk business is the increased likelihood of chargebacks. Also, these business sectors often face legal restrictions and are subject to increased regulatory scrutiny. In addition, some categories of high-risk business do not have the best reputation. All of these and several other factors have led to traditional payment operators refusing to cooperate with such companies.
Despite the fact that high-risk businesses may well operate in a legal field, provide all the necessary financial documentation, and pay taxes correctly, they will still encounter difficulties in finding payment systems. In this case, the company has two ways to make payments. The first is to restructure the business using duplicate accounts. This option requires qualified support staff. The second way is simpler and more reliable — the use of payment services that specialize in high-risk businesses. We will talk about them below.
Types of high-risk businesses
High-risk or high-risk business is an activity that is subject to high financial, reputational or legal risks. Some of these businesses often operate in areas where there is a likelihood of non-compliance with the law or regulatory instability. However, most high-risk businesses operate legally but are not accepted by traditional payment systems due to reputational risks. Let’s take a look at the main high risk businesses that OpenCasino works with and helps to find the most suitable financial instruments for them.
iGaming/betting
iGaming is an online gambling industry involving the use of real money for betting. Betting is bookmaker stakes. Both areas are very popular and highly profitable, and require regular payment transactions between the operator and players — deposits / withdrawals. OpenCasino can offer several solutions for your online casino or bookmaker:
- Payments to VISA and MasterCard bank cards.
- E-com (e-commerce) — financial transactions when paying for services through online platforms.
- APMs (Alternative Payment Methods) are alternative payment methods, which include any form of payment other than cash and credit cards from the international banking community.
- E-wallets — online payment services using digital currency, including such popular wallets as PayPal, Payoneer, Paysera, Payeer and others.
- Crypto solutions — Cryptocurrency payments are completely anonymous, decentralized and fully automatic.
18+ Adult
18+ Adult is a business vertical for businesses related to adult products or services. This vertical is one of the most popular and profitable in internet marketing. This business category includes several subcategories: dating, sites with 18+ content, webcam, 18+ merchandise, and 18+ games. Each of these areas requires financial interaction between the site and customers. OpenCasino can offer adult business owners several types of payment solutions:
- Regular billing to VISA and MasterCard cards. Funds are automatically deducted from the client’s account after a certain period – month, quarter, year. Usually such a system is used on 18+ sites with paid subscriptions.
- Regular cryptocurrency billing is the same, only for crypto wallets.
- E-com — e-commerce.
- APM — Alternative Payment Methods.
Forex
The Forex currency market provides huge business opportunities. Forex is a market where currencies are traded in order to gain profit by changing the exchange rate. Trading takes place on the Internet, so traders, as well as site owners, need to use convenient financial tools for transactions. If your business is also connected with Forex trading, OpenCasino offers you to connect the following optimal payment systems:
- APMs are alternative payment methods that include all financial instruments except cash and the largest international bank cards.
- E-wallets.
- Cryptocurrency wallets.
Customized solutions
The above-mentioned business areas are the most popular, and the payment solutions described above are the most in demand. OpenCasino specialists will analyze each business individually, take into account the client’s wishes, and on the basis of the information obtained, offer the most optimal solution.
Benefits of working with OpenCasino
OpenCasino is a team of professionals specializing in working with high-risk businesses. We have two proprietary payment systems at our disposal. In addition, we are in partnership with more than 100 financial organizations. Therefore, by contacting us, you are guaranteed to find and connect the payment systems that will demonstrate the highest efficiency for your business.
