High-Risk Merchant Accounts
Among PaymentCloud’s most significant selling points is the fact that it caters to high-risk businesses. These include industries and products like:
- Dating sites
- Credit repair products
- Tobacco products
- Firearms
Among others.
PaymentCloud also works with low-risk and medium-risk entities.
Mobile Billing & Invoicing Capabilities
With PaymentCloud, you can turn your customers’ phones into your POS system — thanks to PaymentCloud’s acquisition of Paysley. You can send estimates with deposit requests and invoices via SMS or email. Plus, you can add your logo and branding to these documents for more personalization.
Protection and Prevention
All companies — but especially high-risk firms — may face chargebacks and even fraud in some cases. Luckily, PaymentCloud offers advanced fraud prevention tools as well as chargeback protections.
Advocacy and Negotiation
With PaymentCloud, you get a dedicated account manager to help you with various things. One of these is advocating for and negotiating on behalf of your company with your bank and processor. PaymentCloud will do its best to keep your account open, prevent funds from being held, get a lower reserve, and obtain higher processing limits, among other things.
