High-Risk Merchant Account in Singapore

Blog/High-Risk Merchant Account in Singapore

Transfer your business to a safe and secure mode of payment methods

We at PayCly intend to provide you with the cost-effective payment transaction solutions to merchants in order to provide them with easy and flexible transaction services. Merchants accompanying high-risk business needs payment gateway solutions for having a safe and secure transaction to business. We at PayCly offer various range of services to merchants such as payment gateway solution, merchant account solution, ACH Payment Processing etc. By having the facility of the smooth and quick payment transaction, they can have a higher value of sales, better productivity, and a majority of extensive features that they can simply add to their business website. High-risk business needs an efficient system that can better understand the business and can provide efficient money transfer. PayCly strives hard to provide merchants with the High-Risk Merchant Processing solution that enables them to have smooth and flexible payment transactions. Now a day’s people are acquiring it because they need a safe and secure network that can allow the business to have efficient payment transactions

How to acquire a merchant account for your business today?

Banks or financial institutions may follow a comprehensive procedure to get to know your business closely, they will get to know the nature of your business and most importantly if your business is related to follows a comprehensive procedure to get to know your business nature and most importantly they will try to figure out that your business is not related to any sort of ill-legal activity. Not all business are worthy of having a merchant account facility hence it is not worthy to provide a merchant account for every business. Businesses like Tech Support, Online Gaming, Pharmacy and Adult Entertainment are high-risk business and service provider tag them under high-risk authority. There are certain documents that you need to carry at the time of availing the merchant account-

  • They need to make sure that they are having that they are holding valid Directors KYC.
  • Previously if you have owned a payment processor then you need to have 3 months recent processor statement.
  • 3 months of recent bank statement or credit card statement is also needed to acquire a merchant account.
  • They also provide you with the 24*7 customer support service.
  • You will get your business account within 5 to 7 business weeks.
  • PayCly has years of experience in providing High-Risk Merchant Account in Singapore to customers over a wide range of the geographical region. It is recommended to take suggestions from professional experts for having a great deal of merchant account for your business.

    Read our another blog post : Global Payment Gateway