eLotPay
services are also provided to high risk merchants. These accounts are designed to cater to businesses that are considered high risk due to various factors such as high chargeback rates, high ticket sales, or operating in industries that are prone to fraud or legal issues. Examples of high risk industries include online gambling, adult entertainment, pharmaceuticals, and travel services. High risk merchant accounts typically come with higher fees and stricter underwriting requirements than traditional merchant accounts. However, they offer businesses the ability to accept credit card payments and expand their customer base, which can ultimately lead to increased revenue and growth.
Risk Appetite
Risk AppetiteLow Risk, Medium Risk
Features
Solutions
Online Payments
Accepted Industries
Adult,CBD,Crypto,E-commerce,Financial Services,Firearms,Gambling,Gaming,Hospitality,Pharma,Travel
Payment Options
American Express,Maestro,Mastercard,Visa
