Overview
GreenWay Payments is a merchant services provider that opens merchant accounts and sets up payment acceptance for higher-risk businesses. It is aimed at companies that standard acquirers decline or restrict heavily.
What high-risk means
Banks treat as higher-risk businesses with high refund and chargeback rates, subscription models, sales in regulated niches or large average tickets. Such merchants need a provider willing to review the application and find a bank that fits the profile.
Services
- Opening a merchant account.
- A gateway for accepting online payments.
How onboarding works
The company states that it works with high-risk industries, but approval of a specific business is not guaranteed: the decision follows underwriting. Merchants usually prepare processing history, statements and chargeback ratios for it.
What to clarify
Accepted industries, rates, reserve size, payout times and geography are not listed.
Links and socials
What they do
Work formats
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