Card processing is an integral part of the modern economy and provides businesses with the ability to accept credit and debit card payments. For high risk businesses, such transactions become especially important as they have to face specific challenges and threats related to their industry or business model. Card processing allows consumers to pay for goods and services conveniently and securely, and companies to increase their customer base and sales. The purpose of this article is to review...

How a Payment Processor Works Payment processing is a system that enables transactions between buyers and sellers in electronic payments. Payment processors play a key role in this process, ensuring the security and speed of operations. They accept payment data, verify it, process it, and transfer money from the buyer to the seller. The work of a payment processor involves several stages. First, when a customer enters their card details on the seller’s website, the payment processor...

In today's rapidly evolving business landscape, certain industries and business models are inherently associated with higher levels of risk. Being classified as a high-risk business can significantly impact various aspects of operations, particularly in obtaining merchant services, securing loans, and managing financial transactions. But what exactly makes a business high-risk? This article delves into the core criteria that financial institutions and payment processors use to classify a...

Companies operating in industries such as gambling, cryptocurrencies, forex trading, and adult entertainment often face significant challenges when it comes to opening banking accounts. One of the most sought-after solutions for such businesses is C2B (Consumer-to-Business) accounts, which allow seamless transactions between customers and businesses. LeviPartners, with its expertise in high-risk business services, provides a tailored approach to opening C2B accounts, offering a reliable path to...

Navigating the compliance landscape for high-risk businesses is a formidable task, with regulations and oversight evolving almost constantly. However, non-compliance isn’t an option, as the consequences include hefty fines, business closures, and reputational damage. For high-risk sectors—like fintech, gambling, and the cannabis industry—where the stakes are higher, a proactive compliance strategy isn’t just a recommendation; it’s a necessity. This guide explores...