High-Risk Payment Processing vs. Standard Processing

1. HIGH-RISK PAYMENT PROCESSING V E R S U S STANDARD PROCESSING KEY DIFFERENCES YOU NEED TO KNOW APPROVAL PROCESS & RISK EVALUATION High-risk processing involves strict background checks, financial assessments, and compliance verification, leading to longer approval times. Standard processing has a faster approval process with minimal documentation, as businesses pose lower risk. TRANSACTION FEES & CHARGEBACK POLICIES High-risk processing comes with higher transaction fees and strict chargeback policies, often requiring merchants to maintain rolling reserves. Standard processing offers lower fees and lenient chargeback policies due to minimal risk exposure. CONTRACT TERMS & RESTRICTIONS High-risk processing typically requires long-term contracts with rigid compliance regulations. Standard processing provides shorter, flexible contracts with fewer restrictions. SECURITY MEASURES & FRAUD PROTECTION High-risk processing includes advanced fraud detection, strong encryption, and multi- layer security to mitigate threats. Standard processing relies on basic security measures, as fraud risks are lower. www.webpays.com