परिचय
Corepay is a merchant services provider and payment gateway specialising in high-risk businesses. The company opens merchant accounts and processes payments for these clients.
What a merchant account is
A merchant account is an agreement with an acquiring bank that lets a business accept cards. A typical shop gets one easily, but companies in high-risk niches are often refused: they have higher refund and chargeback rates and face stricter rules. Providers such as Corepay help find an acquirer willing to take on these risks.
Services
- merchant accounts for high-risk merchants;
- payment processing;
- a payment gateway to connect your website.
Who it suits
The target audience is high-risk merchants. A specific list of niches is not disclosed in the profile, and the provider assesses each business before agreeing to onboard it.
How to prepare
Pricing, countries and settlement times are not published. High-risk underwriting usually requires a product description, processing history and refund statistics, so have them ready to speed up the review of your application.
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