परिचय
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.
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