High-risk payment processing is often misunderstood, which leads many businesses to hesitate or make the wrong decisions. The term itself can sound intimidating, even though it simply refers to industries or business models that come with added risk. These myths cause unnecessary fear and confusion, particularly for businesses that are...
OFAC Screening for High-Risk Merchant Onboarding
OFAC screening plays a central role in high-risk merchant onboarding; it helps the payment provider validate that a business is not affiliated with sanctioned individuals, countries, or activities. Since high-risk merchants usually involve bigger volumes of transactions and are much more exposed to fraud, strong OFAC checks avoid penalties and...