High Risk Archives | One of the Best Payment Processing Companies & Online Payment Solutions in UK - PurePay
Card Payment processing
MCC Code List Updated

What is my MCC code? Very often we receive emails and live chats with a lot of people asking for their MCC. In this article we would like to clear all those doubts, providing an explanation and a MCC code list updated so you can check by yourself the category of your business model. What

Credit Card Payment Processing
Credit Card Payment Processing

Payment processing is essentially the automation of electronic payment transactions between the merchants and their customers. Modern payment technology helps process, verify and accept or decline credit card transactions through specialized systems. Credit Card Payment Processing with PurePay PurePay Payments Limited specializes in reliable and modernizing payment capabilities with an extensive nexus of payment processing

High Risk Payment Processor
Future of CBD

Future of CBD - High Risk Payment Processors for CBD Future for the businesses in cannabidiol (CBD) and wellness products looks promising in Europe due to growing interests and regulatory changes. Global market for CBD is estimated to reach 9.3 billion USD by 2025, which compares to an annual growth rate of 22.2% from 2019.

cryptocurrency
Future of Cryptocurrency Acceptance

2021 has been a big year for cryptocurrencies as digital coins exploded in popularity, with assets such as Bitcoin, Ethereum, Binance and Litecoin all growing sizably. Bitcoin’s total market cap, for example, surpassed $1 trillion in February 2021. It should be no surprise that many of the world’s largest companies have begun accepting cryptocurrencies as payment for

What Are NFTs and How Are They Connected to Crypto?
What Are NFTs and How Are They Connected to Crypto?

NFTs, short for non-fungible tokens, have been shaking up the world recently. One of the latest booming cases is the first digital art auction where the NFT-based artwork created by the artist Beeple was sold for $69 million. In today’s article, we are going to explain what non-fungible tokens are, how they can be used,

Chargebacks and dispute settlement

Chargebacks are uninterestingly becoming a part of payment system. This is not good. Although, chargebacks can be unavoidable at times but it has other end too. Consumers claim that 67% such incidences could have been avoidable. But, is it really that easy? So, we need to dig deep to find the answers. Chargebacks happening again

Know your CBD!
Know your CBD!

CBD- Cannabidoil has unnecessary rumours still circulating. It is easy for people to be diverted by all those uninformed news. Hence, it is important for you to know what you are selling! Why so?- Just so you can brand the product effectively. As a merchant in the CBD industry, it is not easy to brand

Rolling Reserves Explained
Rolling Reserves Explained

A rolling reserve is a chargeback risk prevention tool, and is used with any business model that is deemed high risk of getting them. For the most part bank will set a firm percentage based on the risk involved with the business. Can be 5%-20% of transaction value per month. (10% of 100.000 processed would

high risk industries
What Are High Risk Industries

What categorizes a merchant as high risk besides MCC codes. It is based on product sold, company location, straight-sale/webshop or recurring, Card not present, if risk for chargebacks is high. Which is most acquirers is above 1% even though some industries are under but still counts as high risk merchants. There are three categories of

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