The very first thought that hits our mind about friendly fraud is how can a fraud be friendly! Obviously a fraud can be everything but cannot be friendly.
It’s a universal fact that no one is perfect and we all commit mistakes in some point of our life. Friendly frauds are unintentional. They are committed without the intent to deceive, revenge or to gain something. Basically, chargeback or any dispute filed by customer by mistake is known as friendly fraud.
Following are the key reasons for happening of friendly frauds:
To file a fraud claim, friendly fraudster has to first convince the bank that he should get his money back. To do so, a friendly fraudster can claim a variety of problems but the most common claim is that the transaction was unauthorized. They make legitimate transactions looks like a fraud by taking advantage of policies maintained by issuer like zero-liability, CNP (card not present) nature of eCommerce, and acts like Consumer Protection Regulations force issuers. All these things result in time consuming and heavy chargebacks.
after understanding friendly frauds let’s move on to another big headache of merchants i.e. chargebacks!
Here three things are involved which are as follows.
It is near to impossible to get 100% security from chargebacks. In market many merchant account provider will claim full protection just to gain your trust. As a merchant you have to be very smart and think rationally. Following strategies should be use to prevent friendly fraud and chargebacks.
With presence of mind and extra efforts you can totally protect your business from friendly fraud and chargeback. Keep the above mentioned measures in mind and you are ready to fight.
E cigarette products have been an industry that’s seen great and constant growth over the past 5-10 years. Physical, face to face transactions always carry less risk, so you will often find large option for payment solutions for your shop or retail outlet.Recent studies show that approximately 10 new brands of e-cigarettes are launched every month.
There is no doubt that this industry is smoking hot, and entrepreneurs are taking advantage of it. However, banks don’t make it easy for new businesses and smaller businesses in the e-cig industry to get credit card transactions processed. Traditional financial institutions consider electronic cigarette and related businesses high risk, making it tough for them to get fair, cost-effective payment solutions. This is when iPayTotal comes in with a solution as a responsible high-risk e-cig merchant account provider that serves businesses worldwide.
The banks manage and consider many facts while approving the payments for these high-risk industries. The government has introduced really strict rule and regulation that has affected the new and old E-Cigarette companies. Some countries have also banned the sale of E cigars while other companies have the strict rule to sell these products. There is mandatory tobacco tax charged on such products, due to this E-Cigarette is considered of high risk. At iPayTotal, we promise to give you a simple solution for all the problems.Since the inception and release into the US markets, the e cig industry has remained relatively unaffected by significant legislation to regulate and control the industry. Even if there are few requirements by the card payment networks for compliance, some processors are becoming strict.
Merchants in the e Cig industry have certain requirements of their payment processor company to ensure the functionality and longevity of their merchant account services. Since e Cigarettes and vaporizers fall into a grey area category for many payment processors it’s important for merchants to ensure that their chosen service provider can handle any potential risk and changes to the legal or payment networks and their ability to accept e cig transactions.
Credit card processing companies charge a processing fee which is usually a percentage which is calculated by the processing amount. The amount of that percentage is regulated and it needs to be kept reasonable for any merchant account provider to compete. That’s the good news. The bad news is that other fees, like monthly fees and transaction fees, are not regulated and sometimes they are even hidden from view.
Merchants that decide to use a merchant accountwill have the option for direct integration into the acquiring bank, an important function for businesses because it can allow for better approval rates, faster authorizations, higher monthly volume caps and less restrictions.
iPayTotal has a team of experts and we also have partners with proven records when it comes to vape or e-cigarette sales. With everyone’s combined efforts, we assure you that both start-ups and existing companies will be nurtured. We provide tailored solutions, along with relevant recommendations so that you maintain compliance with industry standards.
While you search the web for that special lady…the one in all your dreams…your soul-mate…the partner of yourself, you’ll do tons of things right. Sadly, you can, also, do tons of things wrong….things which will guarantee failure and a broken heart. get in the “real” world, being aggressive, rigorous perfection and even very little white lies ar all ingredients for achievement. However, those self same qualities are killers when you are dating online and off line, too, for that matter.
There is a big distinction between being aggressive or assured and being too aggressive, over-confident, or simplyplain sleazy or slippery from a woman’s purpose of read. If you push too exhausting for a face-to-face, you’ll come upon as too aggressive…maybe even, scary. attempt to bear in mind that you simply don’t seem to be attempting to shut a transaction and keep the link progressing at a slow however steady pace. Patience is that the key.
Nobody is ideal. we tend to ar all blemished in how or another…and that has you, as well. If you expect the lady to be completely excellent and demand that, you’ll continuously be unsuccessful. rigorous temperament in your work is one factor. demanding temperament from a friend, co-worker or a woman you’re interested in isn’t simply fine. It won’t happen. Expect flaws and simply upset them. Decide those you’ll live with and those you can’t.
Little white lies and false fronts won’t work. Be honest from the start of a relationship. Write your profile. build it interesting however don’t make false statements. the reality can begin eventually anyway. If you say you’re a attorney WHO makes 1,000,000 bucks a year and you’re extremely an skilled worker that makes $75,000, you have set yourself up for failure.
Remember…don’t be too aggressive, expect to ever realize perfection or placed on a false front.
For merchants seeking an Online Dating Merchant Account, iPayTotal can offer stellar solutions and fast approvals. Regardless, we are always up for a discussion with like-minded merchants about payment processing possibilities. Speak one-on-one with a live merchant account manager at +(44) 800 776 5988. You can also fill a short form and one of our representatives will contact you within 24 hours during the weekdays to assist you further regarding the same. write us at info@ipaytotal.com
Paying for goods and services online seems slower and far more difficult than it ought to be. Even the most sophisticated applications have billing systems that are not user friendly in comparison to their other features.
In today’s world, Payment gateways successfully provide end-to-end solutions for seamless customer experience. They are the key medium to help merchants receive card payments in both the situations, i.e., card present and card non-present transactions. For increasing the value added services, payment gateways have integrated front-end services of newly available banking platforms.
Mobile commerce:
If mobile wallets take off in the way the analysts expect, they could become the biggest shift in the fintech world. This is particularly ripe for retailers. Using mobile wallets, they can enhance transactions and improve the overall shopping experience.
Restaurant owners don’t trail far behind the big players. With the emergence of quick service restaurants (QSRs), customers can get their meals fully prepared without going to the restaurant, visiting the nearest ATM, and taking out a wallet.
Make EMV a priority:
EMV chip cards use embedded chip card technology to add another layer of protection against theft and fraud. The cards dramatically reduce the occurrence of card-present fraud, and US merchants have many options in new credit card terminals.
For a long time we had two primary payment experiences—you either went to a store and handed your payment to a cashier; or you shopped online and entered your information on a checkout page.
You might also visit a restaurant, and order and pay on an iPad. You might even receive a text with a link to a payment page to make a donation to your favorite charity, for instance—imagine how quickly payments could be made using texts bundled with eWallets!
We expect to see an even greater variety of payment experiences to emerge in 2019.
Blockchain:
The blockchain is to watch out this year. In 20189, it’s all set to make financial reporting much more transparent and secure. This is why the latest trends in payments industry fuel the growth of BTC and other cryptocurrencies.
Today’s world moves toward seamless digital transactions, allowing you pay via whatever device you pick up. As trends in payments continue to evolve, so does the consumer technology.
Since technologies always move forward, credit cards are no longer enough for an average user. That’s why card-to-cloud transition may happen in the nearest future.
There’s no clear path through today’s increasingly complex payments landscape— which is why choosing the right payment processor is more important than ever. Make sure the processor you work with has experience in your industry and will not push cookie-cutter solutions. Instead, they should serve as both a provider and an advisor by setting you up with the credit card technology that suits your needs today and in the future. Afterall, it’s your processor’s responsibility to keep pace with the latest payments technology, taking care of payments so you can take care of business.
Have questions? Reach out to one of our payment experts to discuss your options.
Forex, also known as foreign exchange(FX),currency trading, is a decentralized global market where all the world’s currencies trade. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
The forex market is the largest, most liquid market in the entire world with an average daily trading volume exceeding $5 trillion. If we take all the world’s combined stock markets don’t even come close to this. But what does that mean to you? Let’s take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.
A lot of foreign exchange is done for practical purposes, a big scale of currency conversion is undertaken with the aim of earning a profit. If we look at the amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders which brings about a greater chance of high profits, while also increasing the risk.
If you’ve ever travelled overseas you must have made a forex transaction. Take a trip to France and you convert your pounds into euros similarly take a trip to US and convert pounds into USD. When you do this, the forex exchange rate between the two currencies, which is based on supply and demand—determines how many euros you get for your pounds. And the exchange rate fluctuates continuously.
How do currency markets work?
The investment markets can quickly eat up the money of investors who believe that trading is easy. Trading in any kind of investment market is exceedingly difficult, but success first comes with education and a lot of practice. Practise makes you Perfect!
Unlikecommodities or shares, forex trading does not take place on exchanges but directly between two parties, in an over-the-counter (OTC) market. The forex market is run by a global network of banks, spread across four major forex trading centres in different time zones: New York,London, Sydney and Tokyo. Since there is no central location, you can trade forex 24 hours a day.
​Most traders speculating on forex prices will not plan to take delivery of the currency itself but instead of that they make exchange rate predictions to take advantage of price movements in the market.
What is a Forex Merchant Account?
Forex merchant accounts are established for Forex traders, Forex informational services and Forex trading platforms. Forex credit card processing accounts give you the option to accept debit and credit cards from traders. Alternative payment methods can also be provided as crucial part of Forex payment processing services.
By using a forex merchant account, forex traders trading with your company can also fund their trading accounts online. If we look at what type of forex broker license your forex company has, it will also affect the scope of your forex merchant account because certain transactions may or may not be permitted. We should also note that the jurisdiction in which you operate your forex broker firm, will also affect the scope of your forex merchant account. Also, some countries only permit transactions of payment within the region of that country.
With iPayTotal application for Forex merchant accounts is always free, with no obligation. It takes 7-14 business days for account approval from the time the complete application file is received, due to the high risk classification of the industry.
The adult entertainment industry is definitely controversial, however, it is growing and quickly turning into a highly profitable industry. Thus, it is no wonder that merchants are taking a big interest in this controversial sector, hoping to establish a profitable business in this quite a lucrative market.
And with the help of the internet, everything is more convenient and easier. Today, users can now pay for adult website via credit cards.
The problem is that the adult entertainment industry falls under the high-risk category due to its higher rates of disputes and chargebacks. This causes most banks to stay away from investing in business offering adult services and products including strip clubs, dating businesses, and websites selling adult toys and novelties.
Most well-known and large banks in the world do not allow processors to underwrite for an adult business. This is why adult merchants need to start looking for options that allow them to get approved for a merchant account and start processing credit cards.
Well, these don’t do any underwritings unless you start accepting credit cards. Sooner or later, they will notify you that they cannot work with adult merchants. Then your funds will be frozen for months.
This is where a reputable high-risk merchant account providers come to help. With a secure and reliable payment processor that specializes in high-risk businesses, you can start an adult merchant account without any problems.
However, you will need to prove and convince them that you are operating legally.
When in need of obtaining an adult merchant account, why not turn to iPayTotal?
iPayTotal is a reputable payment processor and a business funding provider that offers affordable and comprehensive adult merchant accounts.
We specialize in high-risk merchant accounts and already helped thousands, if not hundreds, of hard-to-approve businesses and allows high-risk businesses in the adult entertainment industry to obtain an adult merchant account.
With iPayTotal, you can rest assured that you get only the best payment processing solution tailored to your business requirements and needs.
In addition, iPayTotal offers payment solutions to all kinds of businesses that do not engage in illegal activities. You will get your high-risk merchant account approved in just about 24 hours. After that, you can start processing credit cards and earn profits!
Our application requirements include:
You will not be required to pay any application fees. In addition, no MasterCard or VISA will be needed. You will enjoy the most affordable and competitive rates in the industry.
Fighting Chargebacks
The ability to fight chargeback is crucial to maintain your adult merchant account. Fortunately, iPayTotal has established reliable management tools and prevention systems for fighting chargeback and lowers your chargeback rate for up to 75 percent.
As you can see, there is nothing hard about an adult merchant account as long as you work with the right processor. You can sign up for iPayTotal’s high-risk adult merchant account today and start accepting payments tomorrow.
Our application process takes a few minutes so you do not have to waste your precious time. We offer a full option of payment processing solutions including tangible and virtual terminals. Just submit your banking information and identification. Easy and quick application is totally guaranteed!
What is Merchant Account Load Balancing?
Load balancing a merchant account allows for the dynamic division of transactions across multiple merchant accounts. With load balancing, a high volume merchant can manage several merchant accounts on a single dashboard. This ensures easy management of accounts, helps to minimize risk and boost processing volumes.This gives you the peace of mind to know that if you do run into challenges with a merchant account, it won’t be catastrophic. If one of your processor freezes your account, you will still have a live account with money coming in. The best part? It’s done automatically.
The phrase “don’t put all your eggs in one basket” is definitely good advice when it comes to running your online merchant account. Dividing your transactions across multiple merchant accounts will also help reduce the risk of high chargeback volume on any one account. If your business has a lot of charge backs, a load balancing gateway is a great option for you.
Load balancing allows you to maximize processing volumes, mitigate riskand easily manage accounts. Accounts can be dynamically configured with a set of parameters to obtain the best payment processing results.
Load Balancing Your Merchant Account – Keeping You Out Of Trouble
If you own a restaurant or retail store, one credit card processor is all you need. Unfortunately, if you run an high volume business or offer high ticket items, merchant account load balancing can come a great asset for your business, especially if you have multiple high risk merchant accounts with various monthly processing caps. This technology would allow you to run multiple merchant accounts with automated processing parameters.
E-commerce merchants, unfortunately, fall victim to high chargebacks for a number of reasons that are often beyond their control – with friendly fraud being one of the most significant. Despite its name, friendly fraud is anything but friendly and can be detrimental to a merchant account’s healthy standing. Friendly fraud occurs when a consumer makes a purchase with their own credit card and then disputes the transaction after receiving the goods or service.
Having multiple high risk merchant accounts through a central control panel is an organized and productive method of managing payment processing. All transactions can be managed and viewed individually or can be viewed globally from a central payment gateway control panel.
Load balancing transactions on a payment gateway can be dynamically or manually configured, this option gives businesses flexibility to maximize the capabilities of each acquiring bank or processor.
Benefits of Load Balancing
Considerations When Selecting A Payment Gateway
Companies which have both offshore and domestic merchant services must make sure that the acquiring banks can be accommodated. Regardless ofhow and where the transactions are processed, everything can flow through asingle network connection.
Make sure that the service includes reporting lets you to track all transactions. Full audit trails option should be included to ensure the validity of the system.
High risk merchants will usually have more than one merchant account. When all the accounts are boarded on a single gateway, the processing can automatically be load balanced between all accounts. Management and administration of all accounts is simplified, saving effort, time& money.
iPayTotal’s Load Balancing feature makes it easy to manage multiple merchant accounts . It is ideal for all high risk merchants with high volume where it’s always good to have multiple MID’s for backup and additional sales volume exceeding approved volumes can create delays in receiving payments and customer inconvenience. iPayTotal’s Load Balancing feature allows thresholds to be set on each MID and transactions may be automatically routed to maintain the dollar amount or percentage allocated.
The adult entertainment industry is definitely controversial, however, it is growing and quickly turning into a highly profitable industry. Thus, it is no wonder that merchants are taking a big interest in this controversial sector, hoping to establish a profitable business in this quite a lucrative market.
And with the help of the internet, everything is more convenient and easier. Today, users can now pay for adult website via credit cards.
The problem is that the adult entertainment industry falls under the high-risk category due to its higher rates of disputes and chargebacks. This causes most banks to stay away from investing in business offering adult services and products including strip clubs, dating businesses, and websites selling adult toys and novelties.
Most well-known and large banks in the world do not allow processors to underwrite for an adult business. This is why adult merchants need to start looking for options that allow them to get approved for a merchant account and start processing credit cards.
Well, these don’t do any underwritings unless you start accepting credit cards. Sooner or later, they will notify you that they cannot work with adult merchants. Then your funds will be frozen for months.
This is where a reputable high-risk merchant account providers come to help. With a secure and reliable payment processor that specializes in high-risk businesses, you can start an adult merchant account without any problems.
However, you will need to prove and convince them that you are operating legally.
When in need of obtaining an adult merchant account, why not turn to iPayTotal?
iPayTotal is a reputable payment processor and a business funding provider that offers affordable and comprehensive adult merchant accounts.
We specialize in high-risk merchant accounts and already helped thousands, if not hundreds, of hard-to-approve businesses and allows high-risk businesses in the adult entertainment industry to obtain an adult merchant account.
With iPayTotal, you can rest assured that you get only the best payment processing solution tailored to your business requirements and needs.
In addition, iPayTotal offers payment solutions to all kinds of businesses that do not engage in illegal activities. You will get your high-risk merchant account approved in just about 24 hours. After that, you can start processing credit cards and earn profits!
Our application requirements include:
You will not be required to pay any application fees. In addition, no MasterCard or VISA will be needed. You will enjoy the most affordable and competitive rates in the industry.
Fighting Chargebacks
The ability to fight chargeback is crucial to maintain your adult merchant account. Fortunately, iPayTotal has established reliable management tools and prevention systems for fighting chargeback and lowers your chargeback rate for up to 75 percent.
As you can see, there is nothing hard about an adult merchant account as long as you work with the right processor. You can sign up for iPayTotal’s high-risk adult merchant account today and start accepting payments tomorrow.
Our application process takes a few minutes so you do not have to waste your precious time. We offer a full option of payment processing solutions including tangible and virtual terminals. Just submit your banking information and identification. Easy and quick application is totally guaranteed!
The bad news is that most banks treat the adult industry like breaking the law. Because of its large volume of card-not-present transactions, high chargeback rates, and the potential that such businesses can be a fake front for illegal activities, most financial institutions classify them as high-risk businesses and refuse to approve their merchant account applications that allow them to take payments via credit cards.
But with the adult entertainment becoming a booming industry, not accepting and processing credit card transactions is a big no-no.
Challenging as it can be, obtaining an adult merchant account is not impossible. This is because there are merchant account providers that specialize in any high-risk merchant accounts. These 6 steps can help increase your chances of acquiring an adult merchant account for your business.
First and foremost, you need to settle outstanding liens or balances. Then make sure that at least one of the major credit reporting agencies knows that you have cleaned up your credit. In just a few months, your credit reports will be updated and that your rating will definitely improve.
Do not be surprised if merchant account providers require you to set up a reserve account first. A reserve account serves as a shield against chargebacks and prevents any future losses as well as other unexpected financial issues.
This should provide you security and the more that you can save, the more serious and trustworthy you look to a provider.
All businesses that fall under the high-risk category need to be prepared to pay higher processing fees. Just think of it as the cost of doing a high-risk business. And that what you’re gaining is totally worth it.
Remember, this is a cashless society. And having the option of taking debit or credit card payment ensures that you have enough cash flow and revenue.
Like any other application process, you’ll have to provide required valid documents when applying for an adult merchant account. You will have to provide a government-issued ID such as a driver’s license, a pre-printed voided check or a bank letter, a Social Security Number or an Employer Identification Number and at least 3 months of your most recent bank statements.
If applicable, you can also provide a copy of your 3 months most recent processing statements. Also, make sure to prepare any additional requirements that you provide may ask. Gather these items and have them ready in order to have streamlined processing.
In case you have a previous merchant account shut you down or filed for bankruptcy, then you will need to provide a good reason for it. Although neither of these can automatically disqualify you for your adult merchant account application, it definitely increases your risk.
However, when explaining, you need to be truthful. Be honest about your average ticket amounts, and projected processing volumes. You do not want to sound too conservative or exaggerated. Anything that doesn’t match what you estimated will be a red flag. This will increase the risk of your application being denied or funds frozen without prior notice.
Customers and shareholders may shy away from an adult business due to their reputation. However, they need to be focused on the potential profits it provides.
The adult entertainment industry is usually the more lucrative one. And when your business is doing well, so is your merchant account provider. Show them you’re legit and that you are a responsible business that just happens to be in the adult entertainment industry.
Types of Accepted Adult Businesses
Although the adult entertainment industry is changing, here are the types of the businesses that are usually accepted by providers of high-risk merchant accounts:
In case, your business is not included above, then you need to discuss it with your provider at the start of the application process.
And as long as you can provide a reliable and thorough explanation of your business model, the merchant account provider can explain it to an underwriter in a sensible manner so you can acquire an adult merchant account.
Final Thoughts
The faster you get approved for your adult merchant account, the sooner you can start to increase your profits and establish a good business.
So, are you ready to acquire an adult merchant account? Still, don’t know the risks and challenges that you may face?
Consider contacting iPayTotal. We are highly specialized in helping high-risk merchants, like those that are in the adult entertainment industry. We offer an online application that is easy and simple and will be there to guide you through the entire process!
If you want to be competitive in the current marketplace, you have no choice but to start accepting credit card payments. Unfortunately, many small businesses aren’t as prepared as they ought to be in order to manage this function.
There are several benefits for small business credit card processing, including the following.
You can accept credit card payments online by setting up an online payment gateway system. Customers don’t have to carry cash or checks, which are vulnerable to loss or theft, and merchants don’t have to go through the hassle of manually depositing those types of funds into their account.
In aninvoice process, normally you send an invoice, wait a few days or weeks for the client to send a check, then have to wait a few more days for the check to clear.Accepting credit cards cuts down the several week wait for an invoice to be sent out and a payment to be received. Customers pay immediately with their credit cards, getting your business its payments faster and improving cash flow.
Consumers tend to spend more when paying with a credit card, make purchases more frequently, and make more impulse purchases than those using cash. More customers, more repeat customers, and customers spending more money mean more sales for your growing business.
Chances are more that your competitors are already accepting credit cards. Never give your customers a reason to purchase from them instead of you.
When you accept payment from the world’s leading financial brands like Visa, Mastercard, and American Express, you show your customers that you are serious about your business.
If you plan to take your retail business online, the only efficient way to run your eCommerce store is to accept credit cards. Also, accepting credit cards reduces the amount of cash needed on hand— cash that has to be counted, stored, and transported.
There are always pros and cons in everything even credit card. With any payment method, there are some potential disadvantages and risks involved; for example:
Unfortunately, accepting credit card payments always comes with a price.Interchange Rate, The major credit card companiescharge a fee for using their products. This fee is known as the interchange rate.Markup Fee, Your payment processor handles interchange rate fees for you, but they’ll charge an additional fee, or markup, on top of the standard interchange rate.
There’s always a potential chance for fraud. This can be really costly, and it usually involvesa lot of back-and-forth with multiple parties.
The horrible chargeback is one of the painful realities of credit card processing. These are usually disputed transactions that customers initiate when they aren’t satisfied with a purchase.
IPayTotal is a full-featured, easy-to-integrate payment gateway for online merchants looking for a flexible and customizable payment the solution for small businesses Unlike most other payment gateways.
With technology becoming advanced by every passing day, the demands of consumers are also increasing. They want more payment processing options to make their shopping experience even better. There are a lot of payment solutions available and one of them is ACH which stands for Automated Clearing House payments. This payment processing system is not only widely used by customers for making purchases but also by businessmen and individuals. In this economical era where everyone is talking about cutting down the use of paper to save trees, ACH payment processing is also playing its own vital role as it has replaced the paper checks. Automated Clearing House payment processing is a payment solution which enables the transfer of money from one bank account to another bank account electronically and it is managed by U.S. financial network. Federal government and the National Automated Clearing House Association (NACHA) regulate the ACH payment network. We all have used the ACH payment method at some point but we have not understood its intricacies. In other words we can also say that ACH payment processing is an alternative to paper checks, cash, or debit/credit card. More and more merchants are now switching to ACH payment solution. In fact according to NACHA, the ACH network is touching approx $43 trillion each year!
After knowing about how ACH payment processing works let us now look at the advantages of switching to ACH payment processing.
To get ACH payments at your business, you have to find a suitable payment processor who can understand your business and provide you a reliable and efficient ACH merchant account. Before selecting the payment processor do your research and then go with the best one. All the qualities that merchant should look in a payment processor are found in iPayTotal. With a decade of experience and professionals they have been working really hard and providing the best services. IPayTotal provide 24/7 customer services, provide you more payment solutions other than ACH, maintain the transparency, loyalty with the client and help your business to grow.
The foreign exchange is a vast market. On average, a turnover of over $5 trillion is traded in the market every day. When different currencies trade, a considerable impact is experienced in the cash flows, investments, and tradings of different countries. The selling of currencies attracts different participates. Banks, insurance companies, and individuals all seek a share of the liquid market. The interest is basically because of the high potential for high returns in foreign exchange markets. But with huge potential comes the high possibility of risks for the investors.
For years, forex trading companies have struggled to find reliable payment processing solutions for their business. They are always on the look for payment gateways that are safe and acceptable for their large transactions. With every minute proving crucial for all their debit and credit card payments, finding a reliable payment processor is of utmost importance.
Most payment processors have a great concern for the volatility of the forex market. Forex trading has a high potential for fraud. There is also the concern of significant losses in the case of substantial differences in the market margins.
As these merchant account providers struggle to adapt to changes in the forex market, traders are struggling to find the best forex payment processing solution for their business. They need to have a better understanding of both their businesses to succeed. Understanding the risks of forex trading is beneficial for productive cooperation between payment processing solutions and forex traders.
The foreign exchange risk arises from the changes in the value of currencies. Since the forex market transacts with different national currencies, a change in the supply and demand always results in a shift. The massive variations occur in the appreciation or depreciation of the value of the outstanding transactions. Every foreign exchange shift is a risk to the investor, the international market, and businesses involved.
Because of the risks posed by forex tradings, most merchant account providers stay away from the trade. They avoid the risks of loss by choosing to operate with low-risk forex traders. A trader who transacts high values is deemed high risk. If the trader has an active contract with a processor, the processor takes precautionary measures by canceling the contract or withholding large sums for reserve accounts.
With the reserve, the high risk merchant account provider is confident of minimal losses. The forex credit card payment solutions require three types of reserves; the rolling reserve, up-front reserve, and fixed reserve account. The reserves, together with the best forex payment gateway, secure the forex trading companies from foreign exchange risks.
Some forex trading companies use borrowed funds to operate. They aim to increase profits by building up and controlling large transactions. As much as the funds are a potential for tremendous growth, they can also be the cause of the companies downfall. The forex market is volatile, and without good experience, a trader can lose as much as he gains.
A payment processor understands how much risk leverage is for the company. Before offering payment processing solutions, high risk payment processors consider the strength of financial records, the number of business years, expertise, chargebacks, and rates of fraud of a forex trading company. If the records and leverage are at a point of high risk, then applying for a merchant account becomes a struggle.
However, high risk payment processing solutions for forex trading specialize in the merchant account. They see the possibility of high returns and embrace the most high risk forex traders. For security purposes, the payment processors set transaction limits and follow up on the daily outcomes of forex tradings. They study market changes and are keen on when to allow leverage of up to 100:1 to its traders.
Forex trading companies borrow funds in exchange for interest to their borrowers. Since they are not in control of the interest rates market, a fluctuating change can affect the decision of most tradings in the market.
Central banks control interest rates according to the growth and stability of a country’s economy. Some of the decisions are predictable, while others are unexpected. For a forex trader, understanding how to predict the changes in interest rates can prevent losses. But for unforeseen changes due to political or sudden national announcements, high risk payment solutions can be applied.
Payment processors are aware of the effects of sudden interest changes actions. A payment processing solution for forex trading will set up a merchant account designed to deal with such eventualities. The charges are higher for high risk customers but the risks are worth the price. The opposite can be said for low-risk clients who receive lower prices for transactions with a forex payment processing solution.
The operating systems, internal processes, and individuals involved in running the company are a major risk to forex trades. It is through a company’s’ operations that fraud and chargebacks occur. For example, miscommunication with a trader can lead to loss of money. If after the loss the trader chooses to recover the money, they will dispute the transaction by issuing a chargeback.
Chargebacks, if received in high volume, are a significant challenge for forex trading companies. Every chargeback implies a refund, or money returned to the customer for unsatisfactory services. If not well managed, chargebacks can put the forex trading company out of business.
Forex merchant account providers understand the risks of chargebacks. Before offering payment processing solutions for forex accounts, they review the chargeback history to determine the level of risk. If the chances are high, payment processors charge higher as insurance for expected losses.
A payment provider that is not equipped to deal with high risk merchants will avoid credit card processing with high-risk trading companies. They will consider the risks of fraudulent activities and opt for safety in low-risk customers. For some of these companies, their operating system is not designed to detect the slightest of suspicious activities. Due to the challenges of the operating systems, the forex trading companies avoid the risk of offering credit processing solutions.
Research about the categories of risky businesses. A forex trading company needs to understand if they are a low, medium, or high risk merchant. Their judgment on the risk category may not be final, but it will prepare them for eventualities when they finally apply for a forex merchant account.
If a trader falls under the high risk forex trading merchant, they need not worry. Researching on the expected rates of service can help budget on costs. The rates for high risk clients are known to be higher, but with proper planning, the prices are manageable. Forex trading companies should educate themselves on the pros and cons of payment processing solutions. They need a personal understanding of the benefits of reserve accounts and offshore merchant accounts.
To top it up, they need to be honest about the kind of business that requires a payment processing solution for forex trading. It might be tempting to lie about your transaction history and business endeavors. But since merchant providers have the expertise to run high risk forex merchant accounts, the truth will finally reveal. Protecting the forex trading company from account freezes should be of utmost importance to every trader. By delivering correct information, the forex trading company will prevent the freezing of their accounts.
Getting a payment gateway is essential for the convenience and reliability of forex trading services. Payment gateways are a fast way to complete forex trading payments. Since forex traders transact with multiple currencies, the best payment gateways give a secure means of completing transactions. Payment gateways are a useful tool for payment processing solutions when negotiating with various payment methods.
Forex trading companies indeed struggle for payment processing solutions. Operating a forex account is no simple feat. If you are looking for credit card processing solutions, and you are a high risk forex trading company, the struggle could be more. Payment processing solutions for forex trading are those that understand the risks of the trade. The answers should involve a payment gateway that is secure for forex traders.
Since the lack of regulation is a significant concern, a reliable payment processing solution for forex trading should address the issue. Payment processors need to understand the problems concerning licenses, fraud, money laundering, and underwritings in the forex market. With vast expertise, processors can resolve and give advice where necessary.
Why IPAYTOTAL
Ipaytotal is an expert in high risk payment processing solutions for forex trading companies. They understand the risk of forex trading and offer complete solutions for the traders. They know the effects of chargebacks and high transaction cost to forex merchants. Because of that, ipaytotal has designed a payment solution for individual forex traders. They have a credit card processing solution for forex trading in the domestic and offshore accounts.
A payment processing solution from ipaytotal comes with a full-fledged payment gateway which secures your system. Suspicious activities can quickly be flagged with in-built fraud detection and system monitoring tools. Take advantage of the payment gateway solution for forex trading, which can be integrated into your website, software, and cashier system.
The foreign exchange is a vast market. On average, a turnover of over $5 trillion is traded in the market every day. When different currencies trade, a considerable impact is experienced in the cash flows, investments, and tradings of different countries. The selling of currencies attracts different participates. Banks, insurance companies, and individuals all seek a share of the liquid market. The interest is basically because of the high potential for high returns in foreign exchange markets. But with huge potential comes the high possibility of risks for the investors.
For years, forex trading companies have struggled to find reliable payment processing solutions for their business. They are always on the look for payment gateways that are safe and acceptable for their large transactions. With every minute proving crucial for all their debit and credit card payments, finding a reliable payment processor is of utmost importance.
Most payment processors have a great concern for the volatility of the forex market. Forex trading has a high potential for fraud. There is also the concern of significant losses in the case of substantial differences in the market margins.
As these merchant account providers struggle to adapt to changes in the forex market, traders are struggling to find the best forex payment processing solution for their business. They need to have a better understanding of both their businesses to succeed. Understanding the risks of forex trading is beneficial for productive cooperation between payment processing solutions and forex traders.
The foreign exchange risk arises from the changes in the value of currencies. Since the forex market transacts with different national currencies, a change in the supply and demand always results in a shift. The massive variations occur in the appreciation or depreciation of the value of the outstanding transactions. Every foreign exchange shift is a risk to the investor, the international market, and businesses involved.
Because of the risks posed by forex tradings, most merchant account providers stay away from the trade. They avoid the risks of loss by choosing to operate with low-risk forex traders. A trader who transacts high values is deemed high risk. If the trader has an active contract with a processor, the processor takes precautionary measures by canceling the contract or withholding large sums for reserve accounts.
With the reserve, the high risk merchant account provider is confident of minimal losses. The forex credit card payment solutions require three types of reserves; the rolling reserve, up-front reserve, and fixed reserve account. The reserves, together with the best forex payment gateway, secure the forex trading companies from foreign exchange risks.
Some forex trading companies use borrowed funds to operate. They aim to increase profits by building up and controlling large transactions. As much as the funds are a potential for tremendous growth, they can also be the cause of the companies downfall. The forex market is volatile, and without good experience, a trader can lose as much as he gains.
A payment processor understands how much risk leverage is for the company. Before offering payment processing solutions, high risk payment processors consider the strength of financial records, the number of business years, expertise, chargebacks, and rates of fraud of a forex trading company. If the records and leverage are at a point of high risk, then applying for a merchant account becomes a struggle.
However, high risk payment processing solutions for forex trading specialize in the merchant account. They see the possibility of high returns and embrace the most high risk forex traders. For security purposes, the payment processors set transaction limits and follow up on the daily outcomes of forex tradings. They study market changes and are keen on when to allow leverage of up to 100:1 to its traders.
Forex trading companies borrow funds in exchange for interest to their borrowers. Since they are not in control of the interest rates market, a fluctuating change can affect the decision of most tradings in the market.
Central banks control interest rates according to the growth and stability of a country’s economy. Some of the decisions are predictable, while others are unexpected. For a forex trader, understanding how to predict the changes in interest rates can prevent losses. But for unforeseen changes due to political or sudden national announcements, high risk payment solutions can be applied.
Payment processors are aware of the effects of sudden interest changes actions. A payment processing solution for forex trading will set up a merchant account designed to deal with such eventualities. The charges are higher for high risk customers but the risks are worth the price. The opposite can be said for low-risk clients who receive lower prices for transactions with a forex payment processing solution.
The operating systems, internal processes, and individuals involved in running the company are a major risk to forex trades. It is through a company’s’ operations that fraud and chargebacks occur. For example, miscommunication with a trader can lead to loss of money. If after the loss the trader chooses to recover the money, they will dispute the transaction by issuing a chargeback.
Chargebacks, if received in high volume, are a significant challenge for forex trading companies. Every chargeback implies a refund, or money returned to the customer for unsatisfactory services. If not well managed, chargebacks can put the forex trading company out of business.
Forex merchant account providers understand the risks of chargebacks. Before offering payment processing solutions for forex accounts, they review the chargeback history to determine the level of risk. If the chances are high, payment processors charge higher as insurance for expected losses.
A payment provider that is not equipped to deal with high risk merchants will avoid credit card processing with high-risk trading companies. They will consider the risks of fraudulent activities and opt for safety in low-risk customers. For some of these companies, their operating system is not designed to detect the slightest of suspicious activities. Due to the challenges of the operating systems, the forex trading companies avoid the risk of offering credit processing solutions.
Research about the categories of risky businesses. A forex trading company needs to understand if they are a low, medium, or high risk merchant. Their judgment on the risk category may not be final, but it will prepare them for eventualities when they finally apply for a forex merchant account.
If a trader falls under the high risk forex trading merchant, they need not worry. Researching on the expected rates of service can help budget on costs. The rates for high risk clients are known to be higher, but with proper planning, the prices are manageable. Forex trading companies should educate themselves on the pros and cons of payment processing solutions. They need a personal understanding of the benefits of reserve accounts and offshore merchant accounts.
To top it up, they need to be honest about the kind of business that requires a payment processing solution for forex trading. It might be tempting to lie about your transaction history and business endeavors. But since merchant providers have the expertise to run high risk forex merchant accounts, the truth will finally reveal. Protecting the forex trading company from account freezes should be of utmost importance to every trader. By delivering correct information, the forex trading company will prevent the freezing of their accounts.
Getting a payment gateway is essential for the convenience and reliability of forex trading services. Payment gateways are a fast way to complete forex trading payments. Since forex traders transact with multiple currencies, the best payment gateways give a secure means of completing transactions. Payment gateways are a useful tool for payment processing solutions when negotiating with various payment methods.
Forex trading companies indeed struggle for payment processing solutions. Operating a forex account is no simple feat. If you are looking for credit card processing solutions, and you are a high risk forex trading company, the struggle could be more. Payment processing solutions for forex trading are those that understand the risks of the trade. The answers should involve a payment gateway that is secure for forex traders.
Since the lack of regulation is a significant concern, a reliable payment processing solution for forex trading should address the issue. Payment processors need to understand the problems concerning licenses, fraud, money laundering, and underwritings in the forex market. With vast expertise, processors can resolve and give advice where necessary.
Why IPAYTOTAL
Ipaytotal is an expert in high risk payment processing solutions for forex trading companies. They understand the risk of forex trading and offer complete solutions for the traders. They know the effects of chargebacks and high transaction cost to forex merchants. Because of that, ipaytotal has designed a payment solution for individual forex traders. They have a credit card processing solution for forex trading in the domestic and offshore accounts.
A payment processing solution from ipaytotal comes with a full-fledged payment gateway which secures your system. Suspicious activities can quickly be flagged with in-built fraud detection and system monitoring tools. Take advantage of the payment gateway solution for forex trading, which can be integrated into your website, software, and cashier system.
WHAT IS A FRIENDLY FRAUD?
The very first thought that hits our mind about friendly fraud is how can a fraud be friendly! Obviously a fraud can be everything but cannot be friendly.
It’s a universal fact that no one is perfect and we all commit mistakes in some point of our life. Friendly frauds are unintentional. They are committed without the intent to deceive, revenge or to gain something. Basically, chargeback or any dispute filed by customer by mistake is known as friendly fraud.
Following are the key reasons for happening of friendly frauds:
How does friendly fraud happen?
To file a fraud claim, friendly fraudster has to first convince the bank that he should get his money back. To do so, a friendly fraudster can claim a variety of problems but the most common claim is that the transaction was unauthorized. They make legitimate transactions looks like a fraud by taking advantage of policies maintained by issuer like zero-liability, CNP (card not present) nature of eCommerce, and acts like Consumer Protection Regulations force issuers. All these things result in time consuming and heavy chargebacks.
What happens when chargebacks take place?
after understanding friendly frauds let’s move on to another big headache of merchants i.e. chargebacks!
Here three things are involved which are as follows.
HOW TO SAVE YOURSELF FROM FRIENDLY FRAUD AND CHARGEBACKS?
It is near to impossible to get 100% security from chargebacks. In market many merchant account provider will claim full protection just to gain your trust. As a merchant you have to be very smart and think rationally. Following strategies should be use to prevent friendly fraud and chargebacks.
With presence of mind and extra efforts you can totally protect your business from friendly fraud and chargeback. Keep the above mentioned measures in mind and you are ready to fight.
As experts in challenging and difficult-to-place merchants applying for payment processing, we’re here to get your business pre-qualified and approved with a high risk merchant account and the best UK, US and International banking solutions provided explicitly to your business needs.
High-Risk Business Categories
The first and most important thing to understand about high-risk businesses is that your processor will decide if you can be categorized as one of their high-risk categories when you apply for a merchant account. It is possible that you’re high-risk, or you’re not – there is no middle ground. Past that, it gets more complicated as each processor has their very own guidelines for deciding if you’re in the high-risk category. While some business types, for example, pornography or drug paraphernalia will quite often be put in the high-risk category, others could conceivably be, depending upon your processor. Some merchant services providers have exceptionally strict rules for deciding high-risk status, while others utilize increasingly loosened up criteria. In case you’re looking at a specific provider, Choose iPayToTal as we make credit card processing easy for all types of high risk businesses.
How a merchant services provider perceives a high-risk business can also differ generally. Most of the providers, especially those that attempt to offer merchant services at the lowest possible costs, essentially don’t acknowledge any high-risk businesses at all. This decreases their exposure to fraud and minimizes expenses for their current customers. Other providers will permit certain high-risk companies, however will charge you essentially higher rates and fees for your merchant account because of the elevated risk they’re accepting by giving you a merchant account. There’s also a third category of providers who have some expertise in setting high-risk businesses. While their rates and fees aren’t a good deal for non-high-risk merchants, they can often provide a merchant account to high-risk businesses that have been turned down by other providers.
Characteristics of High Risk businesses
While the correct criteria for deciding high-risk status vary from one provider then onto the next, the accompanying factors are normally used to decide if a business qualifies as high-risk:
What If My Business Has Different Characteristics?
If the nature of your business falls under the high-risk categories, there is no compelling reason to stress. E-Commerce risk factors are diverse with each bank and there are custom solutions for most of the merchants. The above attributes are only rules to pursue while deciding your risk factor.
Other Things To Consider
The following is a list of business types that are regularly viewed as high-risk. While this list doesn’t cover each and every conceivable high-risk business, it includes the categories that are frequently viewed as high-risk. Keep in mind that each provider has their own criteria, so while you may be viewed as a high-risk business by one provider, you may be approved for a regular, non-high-risk account by a different provider. iPayTotal has the knowledge, experience, and skill in high risk merchant account payment processing to offer solutions for these classes and more:
Auto Parts & Accessories
Airlines or airplane charters
Antiques
Attorney referral services
Bankruptcy attorneys
Brokering
Casinos, gambling or gaming
Check cashing services
Collection agencies
Credit protection, counseling, or debt repair services
Diet & Weight Loss Programs
Tour operators
Travel clubs, services, or agencies
Vacation planners
Vacation rentals
VoIP services Nutraceuticals/Herbal Supplements
Off-shore corporation establishment services
Online Gaming & Casinos
Precious Metals, Coins
Pawn shops
Prepaid calling cards
Prepaid debit cards
Drug paraphernalia
Electronics(online)
Exporting services (non-US based)
Extended warranty companies
Fantasy sports websites
Federal Firearms License (FFL) dealers
Finance brokers, financial consulting, or loan modification services
Furniture sellers
Financial planning, strategy or advising
Horoscopes, astrology or psychic services, fortune tellers
International merchants (non-US based) operating in the United States
International shipping, cargo, or import/export
Lingerie sales
Lotteries or sweepstakes
Magazine sales and subscriptions
Mail or telephone order sales
Membership organizations (contracts over 12 months)
Merchants on the Terminated Merchant File (TMF) or MATCH List
Merchants with poor credit
Modeling or talent agencies
Multi-currency sales
Multi-level marketing (MLM) sales tactics
Music, movie, or software downloads or uploads (i.e., copyrighted digital products)
Non-US citizens doing business in the United States Replica handbags, watches, wallets, sunglasses, etc.
Self-defense, pepper spray, mace, etc.
Social networking sites
Sports forecasting or odds-making/betting
Telecommunications
Telemarketing services
Telephone companies
Some of the common reasons behind chargebacks If you have been doing business for some time and have changed your past credit card processing service, at that point your business could be viewed as a high-risk business if you had such a large number of chargebacks with your past credit card processing service and put on a “match” list for excessive chargebacks.
Here are some reasons why you may have encountered various chargebacks:
What you can do about it
There are four things you can do to change your status as a high-risk merchant.
Dispute chargebacks
Generally, a chargeback is a client demanding that your business has unjustifiably charged them. React to these cases with some verification that the transaction was a valid one. For example, if a client demands that they didn’t start the transaction in any case, at that point you must show evidence that it was them. If the transaction was on the web, you can indicate records of the order or logs of the client’s IP address showing that they visited your site. If the transaction was in a physical store or office, show their signature on the credit card receipt. If you have a business where chargebacks are normal, state you make customized products and there is quite a while slip by between when a client puts in a request and when they get their stock, at that point, you should keep careful records of the transactions with the goal that you can question any cases. This is a typical issue for businesses that make suits, build furniture, or give travel services.
Find out why you’re receiving a higher than average chargeback
Sometimes the problem might be anything but difficult to address. It might be something as basic as the descriptor on your credit card does not match up with your business name. Accordingly, the clients don’t identify that they made a purchase from your business.
Get reclassified as a low-risk business
Sometimes banks will even acknowledge your business however request for a lot higher processing rate, demanding that they are taking on a risk. So as to be reclassified as a low risk, build up a positive history after over time, which is typically a six-month duration where you have a low rate of refunds and chargebacks, normally below1% of your aggregate transactions.
Find a trusted business partner
Some merchant account providers will work with high-risk merchant accounts while charging sensible rates. You may need to utilize these services in the event that you are classified as a high-risk merchant for no blame of your own. For example, you may simply be a start-up with no past credit history or a manufacturer of items that just suit the explicit needs of clients in another country.
Merchant accounts for high-risk businesses unavoidably cost more than those for non-high-risk ones. Indeed, they, as a rule, cost significantly more. You’ll pay more in both account expenses and processing charges, and you’ll likely be stuck in longer contracts too.
While most non-high-risk businesses have some capacity to bargain the length of their agreement terms, the industry average is around three years for the underlying term, with an automatic renewal clause that broadens it for one-year time spans after that. These extensive contracts have been exceptionally disliked with merchants, and the trend inside the business is pushing more toward month-to-month agreements so you can drop your account whenever without acquiring a penalty. Sadly, high-risk merchants don’t have much (assuming any) negotiating power, so you can hope to be stuck with a contract running anywhere in the range of three to five years, again with an automatic renewal clause that broadens it beyond that initial time frame. Your agreement will also include an early termination fee that applies if you close your account before the end of your contract term. If that is not sufficiently awful, you may even have a liquidated damages provision in your agreement that raises the cost of breaking it much further.
While the processing business is commonly pushing more toward lower month to month and yearly account expenses, you won’t be so fortunate as a high-risk merchant. You can anticipate that at least some of your recurring fees, especially your essential month to month account charge, will be higher than what it would be for a low risk business. This is all a reflection of the fact that your processor is taking on additional risk by supporting your merchant account.
Higher processing costs are additionally an unfortunate reality for high-risk merchants. While we normally prescribe an interchange-plus pricing plan for most organizations, you’re unmistakably more probably just to be offered a more expensive tiered pricing plan. Regardless of whether you are offered an interchange-plus plan, hope to pay both a higher rate markup and a higher per-transaction charge. While the genuine rates will differ broadly starting with one processor to the next, as an extremely broad guideline, you can hope to pay near twice as much as what a comparable non-high-risk business with a similar processing volume would pay. In case you’re offered rates that are much higher than this, you ought to presumably look somewhere else.
Finally, we always recommend that you audit your proposed contract altogether before joining with any processor. While this counsel is basic for any business, it’s significantly more important for high-risk merchants. The fine print in your agreement may contain the most critical signs that you’re going to work with a predatory “high-risk specialist” provider who will charge you considerably higher fees and rates than you’d regularly need to pay as a high-risk merchant.
We Specialize In:
High-Risk Merchant Accounts – High-Risk Credit Card Processing – High-Risk ACH Processing – High Volume Merchant Account
In any vendor/client relationship, vetting research is time well spent. By looking into each potential partner’s qualifications and experience, you can ensure your financial investment will not be misspent. Merchant services are an area of your business that should not be overlooked in this regard. In this post, we review questions to ask before hiring a merchant services provider. In addition, we cover certain qualifications that will help your business be more successful.
In any merchant/customer relationship, screening research is time well spent. By investigating every potential accomplice’s capabilities and experience, you can guarantee your financial investment won’t be wasted. Merchant services are a zone of your business that ought not to be ignored in such a manner. In this post, we survey things to ask before procuring a merchant services provider. Furthermore, we cover certain capabilities that will enable your business to be more successful.
Reputation and Reliability. Your high risk merchant services could involve a large number of dollars, so your seller must have a reputation for security. The merchant provider’s capacity to deal with your credit card transactions by means of a safe payment framework is characteristic for the accomplishment of your business. Reputation counts. Make certain to request and catch up on references. Talk with past and current customers of every high risk merchant account provider you’re thinking about.
Experience. It benefits you to know how much experience the service provider has in the business. Years of experience, for the most part, demonstrate top quality service and all around earned client trust.
Service Fees. It was once comprehended that merchant account providers would charge higher rate expenses for high-risk businesses. The thinking was that they needed to compensate for potential misfortunes later on. Luckily, nowadays it is commonly accepted that merchant account service providers should work in light of a legitimate concern for the customer. While choosing a high risk merchant services provider, competitive service fees, and don’t hesitate to ask each provider why they are charging higher fees for certain services.
Security. Security is a genuine thought. You have a need to ensure that your online accounts and sales systems are secure, and you ought to have an arrangement in the event that something turns out badly. Make sure to discover what sort of security your merchant services provider uses. Is information encoded? How does the merchant services provider handle stolen credit cards? These and different request can enable you to see how genuinely every potential accomplice takes security.
The Benefits of Working with Experts. iPayTotal is a pioneer in giving financial and business services to high-risk businesses, with a special focus on the cannabis industry. Our fundamental beliefs incorporate transparency, credibility, and legitimacy —all sponsored up by our world-class support.
iPayTotal works with the best experienced and well-educated team, who have many years of experience in providing the best High Risk Merchant Account Solutions in the industry. Their main aim is to secure you from fraud services. We are dedicated to value your customers more than they demand. You can enjoy and benefits from our services. For more details regarding the company, you can follow our website portal at your convenience. Our highly skilled professionals will assist you throughout your process.
By now, we’re all well aware of the research that’s gone into CBD. Both as a medical product derived from marijuana and as a supplement from hemp.
People take or apply cannabidiol to treat a variety of symptoms, but its use is controversial so there is no confirmed research to prove about this. There is still some confusion about what it is and how it affects the human body.CBD now is widely used by people for all kinds of disease, in particular anxiety, bipolar disorder, panic attack , depression. But we don’t know if CBD is any good for these kind of diseases.
What is CBD?
CBD is one of many compounds, known as cannabinoids that’s found in cannabis plant. Researchers have been looking for all the possible therapeutic uses of CBD.The concentrations and the uses of CBD oils vary.Cannabidiol is part of the cannabinoid family, a class of chemical compounds naturally found in the cannabis plant.
Surprisingly true. CBD have been used throughout history. The queen used it to help ease her menstrual cramps.
Nowadays people swear by supplements. So even a perfectly healthy person can use CBD. CBD’s stimulation and support of the endocannabinoid system may help it continue to run efficiently.
It helps us being active because the balancing effects of CBD combined with hemp oil will help ensure your body is given what it needs for peak performance each day.
The World Health Organization (WHO) provided data stating CBD is completely safe for consumption. Also, CBD doesn’t get you high.
Some people wonder about using CBD to prevent cancer.If we look at it ingesting CBD extract does not expose the body to the same carcinogens as smoking marijuana. More long-term studies has to be conducted in humans are necessary to determine what role, if any, CBD has to play in the prevention of cancer.
While additional research is still underway, CBD is believed to help with anxiety, inflammation, migraine, head trauma, epilepsy, insomnia, arthritis, gut health, chronic and acute pain and a number of other health conditions. Athletes and sports personnel are exploring CBD’s potential anti-inflammatory properties to aid in recovery while the medical community is even exploring the medicinal uses of CBD
The growing popularity of CBD products as anti-anxiety supplements is backed with plenty of convincing research, though there’s still a long way to go. Here is a list of areas it can help:
Who doesn’t want to look beautiful? And nowadays everyone’s in a race in finding the perfect beauty solution. Did you know that cannabis contains properties that have been proven to be hugely beneficial for the skin? CBD is anti- inflammatory. Using a cannabis eye cream means that the CBD it contains will help to reduce inflammation of the skin around the eyes, and prevent or relieve puffiness as a result.
Spent a bit too long at the pool, and our skin turns red and inflamed looking totally tanned. Turns out, cannabis might offer a solution! CBD is great for skin burns because of its anti-inflammatory effect.
It’s not hard to find anecdotal stories of CBD having a positive impact on dogs and ailments like separation anxiety, arthritis, join pain and aging.Studies suggest that up to 5% of dogs suffer from seizures. CBD helps here and the improvement can be seen in 4 to 6 months.