High Risk Card Processing
Paywise Solutions specializes in high-risk credit card processing services for various industries that are often classified as high-risk due to their products or services. These businesses, unable to secure services through standard banks or merchant providers, require specialized high-risk payment processors. Paywise Solutions offers solutions for both domestic and offshore merchants, facilitating secure transactions. The company’s extensive network and experience in high-risk sectors enable us to support businesses in nearly any location and industry, ensuring reliable and compliant payment processing.
Offshore Company Formations
Paywise Solutions offers offshore merchant account services for businesses considered high-risk or unable to secure domestic merchant accounts. These accounts are essential for businesses with underwriting challenges due to their industry, transaction types, or the owner’s financial background. Offshore accounts function similarly to domestic ones but may have differences in currency acceptance and settlement times. They are typically used by businesses dealing in non-physical goods or services, like software downloads or online dating services. Setting up an offshore account involves a detailed underwriting review and submission of various documents. Offshore accounts generally have higher fees and use rolling reserves for risk management.
Payment Gateway Service
Paywise Solutions offers a payment gateway service for high-risk credit and debit card transactions, catering to online businesses and also supporting storefront and MOTO (Mail Order/Telephone Order) businesses. The gateway securely captures customer card information and links the business’s shopping cart or e-commerce application to the internet merchant account provider. It uses SSL connections for secure data transmission and is compatible with various e-commerce platforms like WooCommerce, Shopify, and Magento. The service includes a virtual terminal feature, allowing merchants to manually enter transaction details, and is designed to provide extensive sales reporting and management capabilities.
Online Banking
Paywise Solutions provides internet merchant account services essential for businesses to remain competitive in the growing e-commerce market. These services enable businesses to process online credit card payments securely and efficiently. Paywise Solutions offers a range of tools, including virtual terminals and payment gateways, to facilitate smooth operations and scalability for expanding businesses. The service is designed to cater to the needs of online merchants, ensuring reliability and security for internet-based transactions.