High Risk Payment Gateway Shopify

1

• A high risk payment gateway for Shopify is a
  specialized payment processing solution designed
  for businesses that operate in industries with a
  higher risk of fraud or chargebacks. These
  industries may include
• Adult products Businesses that sell adult
  content, products, or services.
• Digital goods Businesses that sell digital
  goods, such as software, e-books, or games.
• Travel Businesses that sell travel-related
  products or services, such as airline tickets or
  hotel accommodations.
• Nutraceuticals Businesses that sell
  nutraceuticals, which are products that combine
  nutrients and pharmaceuticals.
• Vape products Businesses that sell vape
  products, such as e-cigarettes and e-liquids.
• Shopify's default payment processing solution,
  Shopify Payments, does not accept businesses
  that operate in these industries. High-risk
  businesses must find alternative payment
  processing solutions.
• When choosing a high-risk payment gateway for
  Shopify, it is important to consider the
  following factors
• Supported industries Make sure the payment
  gateway supports the industries you operate in.
• Fraud prevention The payment gateway should have
  strong fraud prevention measures in place to
  protect your business from fraud.
• Chargeback rates High-risk businesses typically
  have higher chargeback rates than businesses in
  other industries. Make sure the payment gateway
  has a competitive chargeback rate.
• Fees The payment gateway should have reasonable
  fees that are in line with the industry
  standard.
• Customer support The payment gateway should have
  good customer support that you can contact if
  you have any problems.
• Once you have chosen a high-risk payment gateway,
  you will need to sign up for an account and
  integrate it with your Shopify store. The
  integration process is typically simple and can
  be done in a few minutes.

2

• Provide accurate information Make sure you
  provide the payment gateway with accurate
  information about your business, including your
  contact
• information, bank account information, and
  business license.
• Keep your records Keep accurate records of all
  your transactions, including orders, invoices,
  and chargebacks. This will help you resolve
  disputes with customers and payment processors.
• Monitor your chargeback rates Monitor your
  chargeback rates on a regular basis and take
  steps to reduce them. High chargeback rates can
  lead to higher fees or even termination of your
  merchant account.