Getting Started

What we do as a company and what we offer our clients

Getting Started with

TheECheck is a leading provider of Global High-Risk Merchants. High-Risk Merchants are a specific classification of merchants with a higher risk of customer sales disputes, returns and chargebacks. Any online business and all internet credit card transactions are considered high risk because the credit card is not present for verification.

TheECheck is a merchant facility. A merchant facility is the service for processing credit card payments over the internet with acquiring banks, the financial institutions that maintain a contractual relationship with the merchant. The credit card issuing bank works with the merchant’s bank to settle all transactions.

In Australia, Asia, Africa, Europe and the Middle East, TheECheck is authorized to accept and process for credit card business merchants in every country that issues and accepts VISA and MasterCard business; and is also an Interchange Plus acquiring bin partner, the domestic and global systems operated by MasterCard and VISA. TheECheck owns its own MasterCard and VISA BIN. TheECheck does, however, offer some aggregate BIN’s for Amex and JCB.

Amex and Discover are closed-loop cards that “generally” only allow for direct underwriting of business. This means the banks will directly do the underwriting for our merchant. Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products. BIN is a Bank Identification Number, a unique identification number assigned by VISA to its member financial institutions to identify each institution for acquiring and issuing processes. An Interbank Card Association Number (ICA) is issued by MasterCard and serves a similar purpose as a BIN. Generally, an acquiring bank will receive a BIN-ICA but we often refer to this as simply a BIN.

We can ALWAYS refer any business to be underwritten directly by Amex, Discover, JCB, etc. Most card-present businesses will be accepted by the closed loop, except for adult-themed businesses and or liquor stores. “Card Present” refers to a sales transaction that is completed when both, a valid credit card or cardholder are present. This is also known as a face-to-face transaction.

TheECheck works with a large number of banks throughout US, Australia, Asia, Africa, Europe and the Middle East, each bank different with a variety of options offered, based upon their longevity within the market and Risk Appetite. Risk Appetite is the level of risk that an organization is prepared to accept. It is a measurement of the potential benefits and potential threats that may occur if the organization accepts the merchant.

TheECheck supplies Cross-Border Acquiring, which allows the acceptance of global credit cards (VISA and MasterCard) for domestic merchants. A normal card acquirer can only accept credit cards issued from a bank inside the same country as the merchant. This is an important distinction for internet merchants.

A tier 1 bank is usually called social or working capital for Non-US Banks. TheECheck works with credit card banks having a minimum of 100 million tier 1 capital. The use of the tier 1 bank means a top-quality bank, with such examples as: JP Morgan Chase, Citibank and Bank of America.

TheECheck provides a full slate of card services, such as Global and Domestic Credit Card processing and Managed Banking. Managed Banking creates and maintains a good relationship with the bank, minimizing Chargebacks and Returned Checks. Our processing is not restricted to just the US. TheECheck can process for global merchants in their native currency and supports a variety of payment types, including direct bank transfer, check services – Check21/eCheck (ACH) – (electronic debit of funds from a consumer’s checking account), direct deposit and transfer services in over 23 different European based banks.

We have acquiring partners in Western, Central and Eastern Europe, as well as, prepaid PIN which is a prepaid debit card that can be used as a form of payment to buy products online, and can usually be reloaded. A PIN-based transaction is when the 4-digit PIN is required to be entered at the point of sale.[/vc_column_text]

Types Of Accounts

TheECheck offers a wide variety of merchant accounts and managed solutions for domestic and global processing. Below is a brief overview of the types of accounts TheECheck can offer your business upon approval.

3D Secure Solutions

TheECheck offers both Non-3D and 3D Secure accounts. 3D secure refers to the way in which transactions are verified and accepted for processing by the acquiring bank. Any account structure can be 3D secure Secure, like Direct Merchant Accounts (MIDs) and Aggregates, depending on the stipulation of the bank. 3D Secure is XML based, designed to be an additional security layer for online credit and debit card transactions.


3D solutions utilize VISA’s Verified by VISA and MasterCard’s SecureCode programs. Once a customer enters their payment into a merchant’s website, they are automatically transferred to their bank’s verification page to enter their secure code, before being transferred back to the merchant’s website to receive an approval or declination.

Benefit: VISA and MasterCard consider this security measure to be the highest level possible, and virtually impossible for a customer to chargebacks. In the… In the credit card processing industry, chargebacks are transactions returned by an issuing bank to an acquiring bank. This is the return of funds to a consumer, forcibly initiated by the issuing bank. A transaction may be returned because of rules and regulations violations. If a sales transaction is disputed by a cardholder or as a result of fraud, then this becomes the largest risk and liability to any processor or gateway.

Acceptable Industries: TheECheck offers premium high-risk processing services to merchants around the world. Unlike other payment processors, TheECheck takes a unique approach to high-risk merchant boarding. Merchant Boarding is the actual process of approving the merchant, by reviewing each application on a case-by-case basis to achieve the highest rate of merchant approval for the widest variety of industries.


Above information is subject to change without notice and should not be assumed to be current for all applications at all times. All approvals are subject to full underwriting. Our Merchant Underwriting Approval Policy helps to control credit risk and acts as an agreement between the third party billing agent and the acquiring banks for what merchant information is needed to measure the merchant against the acquiring desired list of criteria. The policy also outlines and lists what merchant information is needed for the merchant’s agreement.