Acquiring in High-Risk segments: Benefits and Risks for businesses

Nowadays, more businesses are embracing electronic payments, and acquiring is an integral part of this process.
Let’s analyze how acquiring in the High-Risk segment can benefit the iGaming industry.

Benefits of Acquiring in the High-Risk Segment

Expanding the customer base: Acquiring allows businesses to attract a wider audience of customers. Many customers purchase online or use cards to pay for goods and services. If your business is not adapted to these modern habits, you may lose potential clients.
Convenience and speed of payments: Using cards or other online payment tools, significantly reduces the time and effort required to make a purchase. This increases customer satisfaction and loyalty.
High-security level: This may include systems and instruments for detecting suspicious activities or fraud attempts and payment data verification to reduce the risk of financial losses from fraudulent transactions.
Increased liquidity: Receive funds right after a transaction. This improves the company's financial liquidity and helps manage the cash flow.
Reporting and analytics: Detailed reports on payments and other financial transactions are available. Businesses can use data to analyze and optimize operations and stay informed about the trends.

However, there are also disadvantages:

High Fees: Acquiring providers in the High-Risk segment often set higher fees when compared to Low-Risk.
Strict Verification: Businesses operating in the High-Risk segment usually face more complex registration and verification procedures.
Fund Freezing: Policies of freezing funds may be implemented because of the level of risk.

Thus, companies in the High-Risk segment should thoroughly analyze their needs and risk profile before choosing a trusted provider to ensure a reliable partnership.