What is PaySpace?

PaySpace delivers advanced payment processing solutions designed specifically for high-risk industries, enabling businesses to accept online payments securely and efficiently. Leveraging a global acquiring network and PCI DSS compliant banking partners, PaySpace assists clients in overcoming the challenges commonly faced by high-risk merchants—including high chargeback rates, fraud, and strict regulatory environments.

The platform offers multi-currency support, alternative payment methods, and tailored fraud prevention strategies to enhance transaction safety and optimize payment acceptance. PaySpace stands out through its customizable approach and dedicated customer support, ensuring businesses across industries like gaming, SaaS, crypto, and adult sectors can confidently process transactions and grow internationally.

Features

High-Risk Merchant Accounts: Enables businesses to accept online payments regardless of industry risk rating.
Fraud & Chargeback Prevention: Advanced tools for minimizing fraudulent transactions and managing disputes.
Multi-Currency Support: Processes payments in major global and local currencies to facilitate international business.
Custom Solutions: Provides tailored payment processing setups to match unique business needs.
PCI DSS Compliance: Ensures strict adherence to payment security standards.
Large Acquiring Network: Access to a broad range of local and international banking partners.
Alternative Payment Methods: Accepts a variety of payment types including credit cards, e-wallets, and crypto.

Use Cases

Accepting online payments for high-risk industries such as gaming, adult businesses, and nutraceuticals.
Managing fraud and chargebacks for international e-commerce merchants.
Onboarding SaaS businesses to process global transactions securely.
Supporting crypto merchants with compliant payment processing solutions.
Providing payment gateways for travel booking platforms.

FAQs

What payment methods are supported?

PaySpace supports a range of payment methods including credit cards, wires, e-wallet payments, cryptocurrencies, debit cards, and local payment options.
Which industries are considered high-risk for payment processing?

High-risk industries include nutraceuticals, pharmacy, forex, travel, CBD oil, escort, online dating, casino, gambling, gaming, sports betting, adult content, crypto exchanges, and e-cigarettes.
Which documents are required to open a high-risk merchant account?

Typical documents include a Certificate of Incorporation, Certificate of Incumbency, local jurisdiction documents, proof of company location, and valid ID copies for all directors and owners.
How does PaySpace manage fraud and chargebacks?

PaySpace offers advanced fraud detection and chargeback management solutions to minimize risks associated with high-risk transactions.