Tag Archives: radiant payment gateway solutions

The vast majority of European banks prohibit dealing with cryptocurrency merchants. To blame is the wide range of possible risks. As a result, in the face of Payment Service Providers, crypto business owners are looking for alternative payment solutions. Radiant Pay provides favorable terms for establishing a cryptocurrency merchant account.

You’ve come to the right place if you’re a cryptocurrency exchange or a company looking to incorporate cryptos.

Why cryptocurrency business falls under high-risk businesses.

Below are the reasons why the cryptocurrency business falls under high-risk business:

Anonymous and irreversible transactions.
Lack of industry knowledge
No laws exist to regulate the crypto business.
With Bitcoin, other currencies also fall creating fluctuation and uncertainty.
Licenses can be misused for money laundering, selling and buying drugs, illicit goods, and services (online) trade, fraud, etc.

As the rush of attention from investors toward cryptocurrency was caught, it did attract scammers also.

These scams are aimed at acquiring private account credentials such as security pins or codes or obtaining access to the target’s digital wallet or in cases acquiring the physical hardware.

Scams involving cryptocurrencies have exploded in recent years as a result of the cryptocurrency boom. It means that unfortunately, cryptocurrency scams are on the rise. Other ways of scamming include impersonation, fraudulent business investment, or other malicious means

Types of Cryptocurrency Scams

Crypto scams come in a variety of forms. The following are a few of the most common:

Social Engineering Scams,
Romance Scams
Imposter and Giveaway Scams
Phishing Scams
Blackmail and Extortion Scams
Investment or business opportunity Scams
Cloud Mining Scams

We specialize in high-risk merchant accounts at Radiant Pay, and we also have a thorough understanding of cryptocurrencies and their significance in today’s market. So it is best suggested that select a payment processor that satisfies your business need.

Requirement of Document to Open a Cryptocurrency Merchant Account

To begin selling cryptocurrency, gather the following documents:

Incorporation Certificate
History of Payment Processing
Documents of the company’s jurisdiction that list the directors and owners
Utility bill, bank statement, or rental agreement in the company’s name proving its address
Copies of valid identification for all company directors and owners.

Website essentials for Merchant Account

You must have the following on your website to open a cryptocurrency merchant account:

A page for Privacy Policy
A page for terms & condition
A page for deposit & refund policy
The company’s name appears in the footer
Contact Us button including email and contact number

Why us?

Radiant Pay simplifies and streamlines payment processing. We became professionals after decades of experience. We can easily set up a crypto merchant account because we have multiple acquiring banking partners around the world. Contact us today at https://radiantpay.com/contact.html, and we’ll assist you in determining the best payment option for you.

Business services, Gaming Merchant Account, High Risk Merchant Account, high risk payment processing, Merchant Account, mobile payments, Online Gaming

Benefits and Need of Online Gaming Merchant Account

January 1, 2022 admin Leave a comment

With the advent of the internet, online gambling has become very much prominent. This high risk gaming business requires you to have an online gaming merchant account. Without this, it will become riskier. However, very few people realize the need for a casino merchant account and because of this, when the time comes for the payment release, they struggle because of not having a gaming merchant account. Now, if you want to understand why you need a betting merchant account then here are some of the reasons for you to have the merchant account for gaming business.

Release Payments Easily

When you have gaming merchant accounts, you will surely be able to release the payments quite easily. The procedures of releasing the payments through the online gaming merchant account are very easy and you will be able to get the payment in your bank account quite easily.

Reduce the Risk

Sometimes, there are chances that a casino in Europe owner might indulge in fraudulent activities. Because of this, you will have to have sure that your invested money is safe and secure. Having a gaming merchant account in London and Europe will help you to get your money back even in dire situations.So, as you can see, it is very important to have a merchant account for online gaming. Otherwise, you could be in for a lot of trouble while gambling online. Therefore, have it from the right place.

Business services, card payment strategy, Card Processing Services, casino Merchant Account, check processing solutions, Cryptocurrency Merchant Account, Forex Trading, High Risk Merchant Account, high risk payment processing, Merchant Account, Online Travel Merchant Account, payment gateway Solutions, Travel Merchant Account

Essential Tips How to Apply for Adult Merchant Account

December 29, 2021 admin Leave a comment

Adult industry businesses are classified as a high risk in nature. Therefore a huge number of merchant account providers avoid such business involvement to carry forward and a few of them would even charge extremely high fees for their features. Getting one could also be difficult but the advantages far balance the risks in difficulties.

One of the benefits of applying for a merchant account for top-risk businesses is that you simply are ready to cater to more customers even worldwide. You’d be ready to manage business internationally by accepting payments throughout the world thus increasing your client base. They offer multiple payment options whichever you like to make your payments.

These international payment processor companies are owned with the latest fraud prevention tools to safeguard the payments from spammers and thieves. This can give your business a plus point against your competitors because it gives your customers convenience and allows them to pay without the effort of writing a check or having to call an order saving their time and energy. Thus, saving them from getting all frustrated over a transaction.

Getting an adult merchant account can assist you to maximize your profits and make your business grow during a little span of your time. Most sorts of businesses today, accept credit cards just because most consumers use credit cards as a mode of payment. Applying for an adult merchant account will only take a matter of moments to finish, in fact, applying for a merchant account is often made through the web and it’ll take just about ten days to seek out if it’s approved.

To know more about how international MasterCard processing and applying for an adult merchant account can improve your internet business visit – www.radiantpay.com

Offshore Merchant Account

Listed benefits of Offshore Merchant Accounts, with Radiant Pay

December 28, 2020 admin

Why are we doing business online?

That is quite clear, to expand globally, but do we need some Merchant account outside our country?

The rise in the use of credit card, debit cards, and other E-wallets have given wings to the online business in and outside our native country. They are the key factors to milk properly if you want to shine with your business.

When we do business in our country that is easy, and ok to manage. But when you have an aspiration to go globally, it’s different.

Because all countries have various norms and jurisdiction of their state, and unknown regulation, much offshore currency is different altogether their taxation policies and many other obstructions for online businesses than trading native.

So all these online companies wishing to go offshore need to have a well set Offshore Merchant account to gain all the profitable and easy to manage banking transactions and services.

What are the Offshore Merchant Accounts?

When you want to make your online business account accept all the transcations even from outside your country. You can hire a third party to open your Merchant Account outside, by any payment solution provider company like the Radiant Pay.

We give an offshore Merchant account that can accept multicurrency formats like Dollar, Euro, or Dinar. When all the types of Cards should be taken, an Offshore Merchant account is a must as we don’t know what type of credit card is being used.

We can proceed by opening our offshore merchant by either an offshore payment processing clearinghouse or by doing it yourself.

Offshore Merchant accounts are highly safe and secure, about the confidential data and Bank details which are given by the offshore customers and result in happy browsing experience, as the hackers and cyber-crimes are always in the hunt.

For better working and smoother management, the former choice of opening an offshore Merchant credit card processing via clearinghouse is always advisable.

Radiant pay emerges as the winner

As Radiant Pay is a Payment gateway solution provider based in London, we are sitting at the hub of the financial world in Europe and the entire globe is in our reach of the banking network. There is a possibility that if you are seeking merchant services outside, you are targeted to get a more charged fee or more transaction fee, but that is never the case with Radiant Pay.

We are a payment service provider based on, minimum charges and high turnover for clients with their online ecommerce businesses.

So next time it’s your wise decision of opening a proper offshore Merchant account to go rocket high with Radiant pay as your payment solution provider.

Business services, digital payment system, Online Payment processing, Online Payments, online shopping, payment gateway Solutions

High-Risk Business No Problem, for Radiant Pay

December 4, 2020 admin

Do you want to do online business?

But what if you find your eCommerce business on the High-Risk side?

What is high-risk and in who’s eyes?

The online business market is on a real boost. Every small and large business are running here and there to start an online business. In the process when they find their business is a high–risk, considered in the online arena. That sends a real jolt in the nerve.

But what is the difference if it is high risk or low?

It makes a lot of difference, as high-risk business payment acceptance by offshore banks, and payment gateways treat them with more strict chargebacks and more fee per transaction.

We have to classify our online business as high-risk or low-risk in terms of banking and merchant services. By knowing that you can pinpoint your type of need, and search for a merchant account that can serve your type of business appropriately.

What are the types of High-risk online businesses and their distinctions to be so?

The factors responsible to label your online business as High-risk not only depend on what you sell online. It also includes the fraud potential, the chargeback possibility, huge amount transection, and history of account losses.

If you are Online with running Tobacco, casino, the adult industry and goods, traveling agency, online gaming, gambling, alcohol and liquor, Glassware, Guns and firearms, Narcotic drugs, debt collection, and many more are listed as the high-Risk businesses by many banks and oversea Merchant accounts.

Radiant Pay can provide solutions

As Radiant Pay can access your request to open a merchant account for your High-risk online business, we are tackling successful transaction bailout for some controversial money transections, in the overseas banks.

Radiant pay is a leading payment service provider for online payment based in London. Which is a good experienced for catering to the High-risk enterprises with low-cost payment solutions, which are otherwise always targeted by many banks with high chargeback and transection fee, for being High-risk type.

We can handle, or our experts are capable of handling any tricky situation and can guide your fund a smooth pass to your merchant account, which is possible due to our strong foot and goodwill network in many overseas Banks and Banks in European Union countries.

Radiant pay is the war-horse to rally upon, for your beneficial ride, no matter you do a high-risk online business.

Forex Merchant Account Services

Forex Merchant Accounts an Introduction to Forex Merchant Accounts

January 23, 2019 admin

Merchant accounts are one of the most used things used by companies and industries the world over. While there are many ways that companies and organizations that focus on retailing, merchant accounts are known around the world as one of the very best ways to do so. When visiting an institution for merchant accounts, one has their own choice of merchant accounts, as there are many types of merchant accounts that are available to the public. While one can choose their account, the choice is most likely and most commonly made by the type and sector of business that one operates in.

Forex Merchant Account

A Forex Merchant Account is used by Forex companies exclusively for a wide array of purposes and uses, though one of the most used and common purposes is the processing and transacting of payments made online. This feature helps these online retailers by a whole lot, as they help the business run at an increased efficiency level, and also provides the additional benefit of increasing the security level of the company, as it helps keep the details of the transaction more secure.

Forex Merchant Accounts: An Elaboration

Forex Merchant Accounts are one of the most popular types of Merchant Accounts used by companies. As an account, these are used only by Forex Merchant companies. Most Forex companies are Forex Brokers, which offer some of the very best online trading services found in the world. These Forex Brokers take their payment through online net banking, and thus online transactions are a large part of their operation.

Forex Merchant Accounts offer the brokers the opportunity to be able to fund their trading accounts online. A good forex merchant accounts allow the broker to able to conduct a wide array and range of transactions. One of the important factors of business is the jurisdiction within which one’s business operates is one of the major things that affect the scope and extent of a Forex Merchant Account. Basically, a Forex Merchant Account greatly enhances the online processing capability of a business, and greatly increases the efficiency with which they can conduct their various transactions.

Online Banking Payment, Online Payment processing

Benefits Of Online Banking Payment To Customers

July 30, 2018 admin

As graph of online shopping is continuously increasing without even a single fall so, every business is setting up online way to accept payments through the online banking system in order to capture more sales, to be successful and to attracts more consumers.

Businesses need to incorporate streamlined online payment processing as they can’t deny the fact of number of advantages online payment processing is proving. One of the major advantages is now no more customers need their cards to pay and some of the other advantages of online banking payment are:-

Quick payment – Accepting online payment provides instant notification of each and every transaction that assures customer about their transactions.

No geographical barriers – Having no geographical barrier helps to get more customer as it leads to anywhere everywhere which acts as the biggest advantage for companies.

More security – Customers will be in the comfort zone only when the transaction will be secure and online banking payments has a password, OTP options which automatically reduces the chance of fraud.

Automation process – Gateway automation process substitute complex task with the simple way by an innovative approach.

With online bank payment, European Union region is making it essential for every business to ensure online banking payment and it’s security in everyday transactions as it elevates customer satisfaction. Since it allows the customer to pay just with one click.

digital payment system, Online Payments

Digital Payment Innovation that Transforms E-Commerce.

March 10, 2018 admin

Digital payment is something paying online through various digital modes. In the digital payment transaction, the payer and payee both involved in a transaction without going anywhere, it means that both can send and receive money online. It is also called electronic payment. No hard cash is required for paying anywhere. Digital payment eliminates cash and increases more business. For example in a cash transaction, the payer goes into the bank to withdraw cash or at the ATM just he wants to buy something from the retail store and then the shopkeeper also will go in the bank to deposit that money which he/she has earned. Instead of doing all these things, standing in a queue of ATM or giving more visit to the bank let’s move on to the digital payment method which is time saving for the business.

Some Digital Payment System that Transforms E-Commerce

Credit cards

Credit cards are something by which we can pay for goods and services over and above the limit in our account. Due to the number of credit cards being issued by the bank is increasing there is a rapid increase in the digital payment as well online payment. Digital payment is transforming the mind of customers, as it is the convenient and easiest mode of payment accepted worldwide. Nowadays most e-commerce sites have given the number of choice to the customer to pay for the goods and services offered for sale, this will indirectly increase the customer base and boost sales by which your organization will lead to accomplishing the goal. The customer also feels secure that they have paid money to the merchant in his/her account online.

UPI apps

UPI apps or unified payment interface is a payment solution app by which you can easily transfer fund from one account to another. These apps were usually being provided by the concerned bank only but as digital payment flow started from country to the country now there are numerous UPI Apps available in the market such as Paytm, Mobikwik, etc. and many more. This app allows you to pay for everything which you want to consume as it is linked from your bank account. For using it you don’t require to follow any documentation in your bank or the company from which you will be operating your payment. Most of the banks also provide these services through mobile banking so that their customer feels happy regards to the service offered. The only thing is that you should have an android phone and stable internet connection. It is better to use if your phone allows you to use such apps because sometimes you may find it doing trouble if your phone doesn’t have enough battery or it has no internet connection.

E-wallets

E-wallets or mobile wallet is the digital version of your physical wallet by which you can pay for the goods and services with more functionality. E-wallets allow you to recharge, pay for different services through your smartphone which means all things under one roof. E-wallets are convenient and easier way to pay for the goods and services which are online. E-wallets also give you cash back offers on different transactions. This in return transforms e-commerce and increasing globalization and allows the merchant to reach wide customer base.

E-wallets are the faster and affordable mode of digital payment method which should be used by every person who earns. But if you use such type of wallets on your smartphone you should lock your phone otherwise someone else might access your wallet.

Credit Card Processing, Online Payment processing

Benefits of accepting credit cards on your website

March 1, 2018 admin

CREDIT CARD BENEFITS — #radiantpay leading payment gateway solution provider in UK

Considering credit cards it has been the most increased and convenient mode of payment in today’s world. If you have your own website or thinking to build a website and not yet had fixed the option for accepting debit and credit cards then you should, because you can’t think how much sales you will be losing not keeping this option as most of the customers pay online and think this is a secured mode of payment to pay for goods and services.

Why to do it?

In today’s world credit card has become the reliable and trust-able mode of payment to pay for goods and services. The development of technology has drafted changes in the minds of customers as well as the vendors, as discussed earlier by fixing the option of accepting debit and credit cards online you will not lose the current customers as well as the upcoming/future customers.

Just in terms of websites, debit and credit cards allow the vendor to take care of three type of customers.

1. The general customer: This is the average customer who wants to shop online goods and services from his desktop. After all, why to stand in a long queue in a retail or mortar store when there is option to pay online itself.

2. Impulse buyers: After stumbling on the website the visitor finally decided to buy the product which are in front of him/her. The plastic card seals the deal of the purchase he/she will make.

3. International customers: The internet has brought the world closer as well as your customers at doors, even if your customer is overseas. Initially differences in currency was the major issue in the past, but now why to wait for a check being cleared from your customer side when there is an option of paying it online on your website. This helps in not losing the customer just because he/she is residing in abroad.

Opening your business to debit and credit card payments

There are two ways of accepting plastic money on your website.

Using the merchant account: The merchant account helps you to accept payments from your customers via debit or credit card. Whether you create your own merchant account or enter into an agreement with a payment processor, who in turn operates merchant account, but you still need to have a business bank account. However, you need to have your merchant ID. Actually it will become the portal which will allow you to accept or decline your customer credit card payment. In essence it will become your virtual vendor terminal.

Using payment gateways: There are various independent companies who will accept credit and debit card payments from your customers on your behalf but take a percentage or charge a fees. They are also called third party merchants.

Which is the best method for you?

The methods of accepting credit card payments is entirely up to you, because both the methods has its own advantages and disadvantages. The cost of setting up a merchant account with a credit card processing is much higher. In fact, to use their services as an added incentive most of the third party merchants don’t have a setup fees at all.However, the transaction fees is much higher in third party merchant than merchant account.

If you are not sure how much money you will make on website, then the best method is to choose third-party merchant account. To just “test the water” third-party merchant accounts is the great way to go. However, this method involve the merchant also as it will be a time saver. The involvement of the merchant will be at the end of each transaction just receiving the payment. These merchants include PayPal, Digital Rivers and others.

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