High Risk Payment Processing

Premium high-risk processing services to merchants around the world

TheECheck.com High Risk Payment Processing

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.

High Risk Merchant Boarding: The actual process of reviewing the application, investigating the merchants URL(s), requesting and gathering required documents, approving and then boarding a High Risk Merchant, and getting them to begin processing with our system. By reviewing each application on a case by case basis we are able to achieve the highest rate of merchant approval, for the largest variety of industries.

URL aka Uniform Resource Locator: Also known as web address, is a specific character string that constitutes a reference to a resource. In most web browsers, the URL of a web page is displayed on top inside an address bar. An example of a typical URL would be “https://en.example.org/wiki/Main Page”. A URL is technically a type of uniform resource identifier (URI), but in many technical documents and verbal discussions, URL is often used as a synonym for URI.

High Risk Merchant Account Features:

eCheck, ACH, Credit Card, Prepaid Debit Card, Referral Agent, White Label and Payments

eCheck aka Electronic Check: Electronic check conversion is the process of converting a consumer check payment into an electronic payment, using the customer’s checking account number and routing number of their financial institution. Funds will be electronically debited from the customer’s account.

ACH aka Automated Clearing House: An electronic network for financial transactions in the United States that result in money being placed in the receiver’s account at the destination financial institution.  ACH payments are simply electronic transfers from one account to another.

Credit Card: A MasterCard, VISA or other credit cards that are issued by a bank. A credit card is a plastic card with a credit limit, which is used to purchase goods and services and to obtain cash advances on credit, for which a cardholder is subsequently billed by an issuing institution for repayment of the credit extended.

Prepaid Debit Card: A credit card with a pre-deposited balance, like a store gift card. These are generally used to control spending. These differ from credit cards in that they require no credit check, nor do the issuers report to credit bureaus.

Real-Time Payment Processing: The act of data processing that appears to take place, or actually takes place, instantaneously upon data entry or receipt of a command. It is the processing of transactions the instant each is received by, or entered into, a computer system.

Virtual Terminal: Transactions where a cardholder orders goods/services from a merchant by telephone, by mail, or by other similar means and neither the card nor cardholder is present at the merchant outlet.

API Integration: API integration is designed for ecommerce businesses. So you can integrate your existing payment system directly with our gateway, ultimately saving you time and money. Our easy Integration allows merchants of all sizes to easily connect to TheECheck.com Payment Gateway.

Referral Agent: A referral agent is a person who makes money by referring customers or clients to a business or individual who can meet their needs. The duties of a referral agent may vary, but for many, the primary focus of the job is to generate leads. This means they spend time looking for individuals or businesses who are interested in a particular service or product and referring them to businesses or individuals who can fulfill their needs.

White Label Account: A payment processor integrates their existing payment gateway with TheECheck.com gateway. The White Label boards merchants who process transactions through the White Label’s gateway. The merchants do not know that TheECheck.com is the payment processor. TheECheck.com provides a set rate for the White Label and the White Label then quotes rates to their merchants. TheECheck.com does not communicate with the White Label’s merchants at all.

Advanced Anti-Fraud Security Services: When Fraud Protection is on, the URL of each Web site you visit is compared against a database of known fraudulent sites. If the URL matches one in the online fraud database, or if the URL is associated with a domain that is known to host such scams, the website is blocked, and a message is displayed within the browser window.

Sophisticated Transaction Screening: Risk is an effect that occurs in a series of events that takes place in several locations whether it is good or bad. It depends on the probability of the event becoming an issue, and the effects it would have, and what could happen. Probability is how likely this could happen, effect is how bad it could be if this happens. Risk Management formulates plans and procedures on how to mitigate, control, or stop these kinds of occurrences.

Advanced Statistics And Reporting: TheECheck’s proprietary reporting interface provides merchants with real time information across all their accounts, cardholders and processing activities. With configurable functionality to suit your needs, TheECheck provides you with a vast selection of online reports, including transaction statistics, sales, refund and fee reports, chargeback reports, full transaction listings, calendar activity and more. In addition to transaction reporting, all merchants are provided with account management abilities through TheECheck’s robust Merchant Backend. Here merchants can search for individual transactions, set user permissions, process manual payments (VT), issue refunds, view payment ledgers and view the status of their rolling reserve.

Recurring Billing Services: Automate timely and multiple billings for new and existing accounts.

24 Hour Customer Support: If you are in need of any assistance please know that you can call on any of us at TheECheck to assist you twenty-four hours a day, seven days a week aka 24/7.

Offshore, Onshore And Global Accounts: Offshore Merchant simply means that the bank that processes your customer’s credit cards/eChecks is located in a different country than your business. Onshore means that the bank that processes your customer’s credit cards/eChecks is located in the same country that your business is located.

High Risk Security

At TheECheck.com, we understand the significance of high risk merchant security. High Risk Merchants are a specific classification of merchants with a higher risk of customer sales disputes, higher risk of returns and a higher risk of chargebacks. Any online business is considered high risk because the credit card/customer is not present for verification. Through our proprietary fraud detection system, merchants are assured maximum payment security for all transactions passed through TheECheck’s secure gateway.

Payment Gateway: Software that authorizes credit card or electronic check transactions over the internet. Payment Gateways protect credit card and bank details by encrypting sensitive information, such as credit card numbers, to ensure that information is passed securely between the customer and the merchant and also between merchant and the payment processor.

With each transaction closely monitored, TheECheck will successfully minimize the occurrence of online fraud, providing you with seamless processing and minimizing your chargebacks.

Chargebacks: A transaction returned through interchange 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, because the sale is disputed by a cardholder or as a result of fraud.

For more information about TheECheck’s fraud minimization services, click here.