About Us
Bridge2pay is a payment service provider (PSP) that facilitates electronic payment transactions for merchants and customers. They offer a range of services, such as payment gateway integration, fraud prevention tools, and support for multiple payment methods.
A
high-risk payment service provider is a PSP that specializes in providing
payment processing services for businesses that operate in high-risk industries
or have a higher risk of chargeback’s and fraud. Examples of high-risk
industries include online gambling, adult entertainment, CBD and hemp products,
and firearms sales.
High-risk PSPs offer additional services such as chargeback protection, fraud prevention, and risk management tools to help mitigate the risks associated with these types of businesses. They also typically charge higher fees and impose stricter underwriting requirements than traditional PSPs due to the increased risk involved.
Bridge2pay support multi-currency payments and provide various payment modes to their merchants by leveraging their technology infrastructure and partnerships with banks and payment networks.
Here are some ways a PSP can support multi-currency payments:
- Currency Conversion: A PSP can provide real-time currency conversion services to merchants, allowing them to accept payments in various currencies. This can be done through partnerships with banks or through integration with currency exchange platforms.
- Multi-Currency Wallet: A PSP can offer a multi-currency wallet that allows merchants to receive payments in different currencies and convert them into their preferred currency.
- Global Payment Network: A PSP can have partnerships with various payment networks and banks worldwide to provide a comprehensive payment solution to their merchants.
- Currency Routing: A PSP can use currency routing to route payments through the most cost-effective payment network or bank to minimize fees and maximize exchange rates.
In terms of providing various payment modes, here are some ways a PSP can achieve this:
- Card Payments: A PSP can support various card types, such as credit, debit, and prepaid cards, allowing customers to pay with their preferred payment method.
- Bank Transfers: A PSP can offer bank transfer payment options, such as direct debit and wire transfers, to cater to customers who prefer to pay through their bank accounts.
- Digital Wallets: A PSP can integrate with popular digital wallets, such as PayPal and Apple Pay, to provide customers with a quick and convenient payment option.
- Alternative Payment Methods: A PSP can offer alternative payment methods, such as mobile payments, crypto currency payments, and cash payments, to cater to customers who prefer non-traditional payment methods.