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  In the modern world, payment gateways have become an essential part of businesses, especially online businesses. A payment gateway is software or an application that authorizes electronic payment transactions for online businesses. It provides a secure connection between the customer and the merchant, ensuring that their transactions are processed securely. However, for high-risk businesses, the need for a specialized payment gateway arises. A high-risk payment gateway is a payment processing system that specializes in serving businesses that are considered high-risk by banks and prominent payment processors. This could be due to a variety of reasons, such as high chargeback rates, high-ticket transactions, and risky business models. In this article, we will discuss the need for a high-risk payment gateway, the features it should possess, and how WebPays can provide the best high-risk payment gateway solutions. The Need for High-Risk Payment Gateways: High-risk businesses face a ...

  Gambling has become an increasingly popular activity in Croatia, with a growing number of players turning to online platforms to place their bets. According to a report by the Croatian Ministry of Finance, the total revenue generated by gambling in the country in 2021 was 8.7 billion kuna (approximately 1.2 billion euros), a year-on-year increase of 6.2%. With the rise in online gambling, the need for a secure and efficient payment gateway has become essential. In this blog, we will explore what   online gambling payment gateway Croatia   and merchant accounts are, and how they function in Croatia. What is an Online Gambling Payment Gateway Croatia? An online  gambling payment gateway  is a secure system that allows players to make deposits and withdrawals on online gambling platforms. It acts as an intermediary between the player and the gambling platform, processing transactions securely and efficiently. The payment gateway uses advanced encryption technolog...

  Are you looking for the best Tobacco Merchant Account? If your answer is yes, you are at the right destination. Today, most customers are losing interest in checks and cash, even though many businesses still utilize them extensively. However, credit cards, debit cards, and online transactions are increasingly popular. Due to this reason, most enterprises are moving online and allowing their customers to make online payments and receive online payments. Merchants’ ought to need a merchant account and payment gateways. In the same way, tobacco businesses also need a tobacco merchant account and tobacco payment gateways to sell Tobacco online. According to the Statista report – The tobacco market size will reach US$912.30 billion by the end of 2022, and the market is anticipated to increase by 2.64% yearly (CAGR 2022-2027). In terms of the European market size, the market for tobacco products will reach US $261.60 billion in 2022 and expand by 2.57% a year (CAGR 2022-2027). With thi...

  The Netherlands, also known as Holland, is home to   17.23 million   tech-savvy people. It is one of the wealthiest countries in Europe, with one of the highest GDPs per capita in the world. It also has the   15th largest economy   in the world. The business environment in the Netherlands is characterized by a high degree of openness and transparency, as well as a focus on innovation and sustainability. The country is home to a large number of startups and small businesses and has a strong ecosystem for entrepreneurship and innovation. The Netherlands is also a leader in ecommerce, with a highly developed online retail sector that is growing rapidly. Dutch consumers are among the most active online shoppers in the world. Furthermore, in this blog, we will learn about high-risk ecommerce businesses, and   high-risk merchant accounts Netherlands . The Netherlands’  e-commerce market  is the  17th largest  in the world. In 2021, 14.1 mill...

  Gambling has been a popular pastime in Hungary for many years. According to a survey conducted by the   Hungarian Central Statistical Office , approximately   60%   of the Hungarian population engages in some form of gambling. This includes both traditional forms of gambling, such as lottery games and sports betting, as well as online gambling. In terms of online gambling, a report by H2 Gambling Capital estimates that the Hungarian online gambling market generated approximately   €239 million in revenue in 2020 . This represents a significant increase from previous years and is expected to continue to grow in the coming years. But the new amendment enforced on 01 January 2023 in the gambling sector brought happiness to the faces of Hungarian business owners as it knocked down the monopoly of state-owned companies allowing private partners to take part in acquiring a license. However, the rise of online gambling has presented new challenges, particularly in te...

  Are you looking for something that will understand your business needs? Are you in need of an offshore merchant account instant approval? Then you have come to the right place. Below you will find more about the offshore merchant account and how to obtain one. So, continue reading this blog till the end. Business entrepreneurs occasionally require an offshore merchant account instantly. But, in reality, none of the merchant service providers offers instant approval; some are faster than others. After your online website is fully operational, you should start the merchant account application procedure. A merchant account is essential to accept credit/debit card payments or other online payments. Today, various kinds of merchant account services are available. Among all the services, offshore merchant account instant approval is popular. So, let’s look in detail at the offshore merchant account instant approval. What is an Offshore Merchant Account Instant Approval? A merchant acco...

  As the world becomes increasingly digital, businesses are finding it essential to operate online. Online payments have become an integral part of e-commerce, but with the rise of online transactions, there is also an increase in the number of fraudulent activities. This is where a high-risk payment processor comes into play. A  high-risk business payment gateway  is a payment processing solution specializing in managing high-risk business transactions. These businesses typically deal with industries that have a higher potential for fraud and chargebacks, such as online gambling, adult entertainment, IPTV, etc. These industries are labeled as high-risk due to the nature of their products and services and the likelihood of fraudulent transactions. According to a report by Statista,  global e-commerce losses  to online payment fraud are projected to reach  $48 billion by 2023 , with online card fraud being the leading contributor to these losses. In 2020, af...