There are two plans to choose from, one tailored to brick-and-mortar businesses and the other for ecommerce merchants. Obvious examples of high-risk merchants include those in industries like medical marijuana, on-line gambling, or telemarketing. It’s estimated 1. And when it comes to industries like online gaming, gambling, forex trading, IPTV, adult entertainment, tobacco, and other high-risk industries, the preference rises to 84% for cross-border businesses. 1% for low-risk transactions. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. According to grandviewresearch, the online gambling market size was quoted at USD 57. Merchants trading in online gaming requires an online gaming merchant account. Payline data plans cost $$20/month plus. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. We serve almost all industries, including those that sell high-risk goods and services. Compared to other business types the gaming business presents a higher risk to the underwriter and that is why this merchant business is called high risk by banks and merchant account providers. The acquiring banks consider the casino industry as high-risk. You Need to Open a Business Bank Account and a Separate Merchant Account. According to a recent study, some 12. Bitcoin’s rise from oblivion in 2013 was a major story not only among those in the financial business but of consumers as well. And it is a primary truth of the payment industry. All they want is to avoid the risk. Let Humboldt offer your. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment p. To process credit card payments effectively and efficiently, businesses need to turn to Casino Merchant Service providers to obtain a casino and online gaming merchant account. It will involve continuous management of systems to ensure a secure and seamless checkout process. That's where gaming merchant accounts come in - they are designed specifically for businesses operating in this niche. So, if you need end-to-end services for a travel, gaming, or online dating, warranties, or credit repair, for instance, then contact EMB. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart integration, and fraud protection. Depending on the type of gaming merchant services, one of these codes will be assigned to the merchant. Payment processing fees: 2% to 3. – Online Dating. Each type has its benefits and limitations and can be an important part of a chargeback management system. A high-risk IPTV merchant account is a type of business or commercial account where a merchant can receive payments from its end-users. One essential service that top merchant services offer is credit card processing. Gambling clubs and Online gaming…The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. a tax id number. It has several beneficial features that run to complete operations faster. Published on January 30, 2022. All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. 1. Low-Risk Merchant Accounts. FYI – GBO is a premier payment solution provider for online casinos. The original risk factors are gaming and gambling. Instead, companies that are specialists in managing high-risk merchant accounts are the right choice. Our high-risk merchant account service is exactly what. We also look at. The GBO team will be happy to assist you to open bank accounts to your gambling company. Regulation is one reason a gaming operator is a high-risk merchant. The issue does not come with the search, but rather obtaining outside funding. gaming merchant account. With the help of a payment app on your smartphone or tablet, credit card readers. Because of high risks involved, online tobacco stores face many obstacles. Online Processing. Establish a single online gaming merchant account. National Processing. These constraints pose difficulties to the ownership of a gaming merchant account. To lessen the burden on our clients, we provide an easy and organized application process to help you get your gaming or casino merchant account in a matter of days. Emerchantbroker offers e-commerce high-risk merchant services that integrate easily with WooCommerce, BigCommerce, Shopify, QuickBooks, Shift4 Shop, etc. An online gambling account for merchants allows businesses to process digital payments online through a gambling payment gateway . The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. 5% - 5%. In card-not-present transactions, merchants are liable for repaying cardholders. Merchants can receive real-time alerts for all chargebacks lodged. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. Tags: Adult Industry Articles chargebacks Direct Marketing EMB solutions Extended Warranty Services fraud High Risk Merchant Acccount high risk payment processing merchant services Multi Level Marketing Nutraceuticals. These are important to look out for before giving green light to online gaming merchant accounts. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. Sometimes people are happy with their small business. One of the biggest mistakes that merchants make is deciding on a popular payment processor and then finding out they won’t work with any high-risk merchant. 2. The gambling industry has seen a boom over the past few years. Not every online gaming platform can be considered high risk, as your area, the volume of your company and the risks it attracts make you a high risk brand. As it is not too comfortable to get a merchant account for your online gaming business. These transactions tend to involve large sums of money, unfamiliar parties, or certain industries notorious for illicit activities such as online gambling, adult entertainment, and. E-Gaming Merchant Accounts. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. You’ll get approval for a casino and gaming merchant account in just 24 hours. Call us at (727) 873-0963. Online Gambling Merchant Services. The online gaming industry is considered high risk because of its high average chargeback ratios (friendly fraud is rampant), legal gray areas (when gaming meets. The acquirers mostly consider them as a high-risk business as it requires a special account to protect the security of their transaction. The online gaming industry typically has a high turnover rate. Consider whether you need a multi-currency account, a high-risk merchant account, or specific features like an international payment gateway. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. #1 PaymentCloud Strong Reputation For Fast Approvals. Using the best high-risk credit card processing goes far beyond just the setup. Also to give the most successful transaction results. Though DHL’s e-commerce division closes on April 12, the delivery company plans to keeps its other package delivery hubs running in the country. The buyers of accounts are often people who are new to the game or not as advanced and are looking for an easy way to win. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. Step 1: A customer buys a product or service either online or in-store. It has several beneficial features that run to complete operations faster. Majority of card processing providers consider it as high risk industry due to certain reasons. Travel Merchant Accounts. Despite achieving unbelievable profits, weight loss supplement. Eliminate chargebacks, which means more money for you. The high risk label of this type of businesses is partly associated with high chargeback rates. An online gaming merchant account is a customized merchant service that helps in online money collection. In this day of high-speed communication and networking — credit card processing services have developed a high risk credit card processing program for just about every legal business. Despite its outset, it has grown by leaps and bounds into a multi-billion-dollar business. These are just a few of the accounts EMB approves for fantasy. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. Our merchant account experts will answer your questions and send you a free adult merchant account application. These industries include the adult industry, online gaming, subscriptions, etc. What to Look for in a High-Risk Merchant Services Account. Because an online gaming merchant account permits gaming merchants to accept online payments quickly. These online merchants can have an extremely tough time finding a high-risk merchant account. Luckily, there are several high risk Merchants that need payment. Click on the “account” buttons if you want to start filling out a free application. Are you a business owner in a High- risk industry? If so, you may be wondering how you can secure payment processing services to keep your business running. Online gambling is popularly known as gaming in the merchant service industry. If you have all the documents and meet all the requirements, the next step is to file your application. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. For this, the best option for small businesses is to look for outside funding. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. A lot of standard merchant accounts have no contract. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. These industries often involve increased potential for chargebacks, fraud, or regulatory issues. Have you heard about the huge scandal at Wells Fargo?Well, it’s huge – in fact, millions of fake accounts huge. 20. In online payment processing, some business are considered riskier than others. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. Social gaming. Chargebacks And Disputes When customers file a. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. One of the most important goals of online gaming merchants is turning players into payers. Getting a smoke shop merchant account requires careful consideration of several key factors. The process is easy, so you can focus on more important things. DHL only began delivering. Radiant Pay is the leading high risk payment processing, merchant account services and payments gateway solution provider in London UK. Gaming merchant account. ; 99 percent approval for high-risk merchants, including those in the CBD, adult, online gaming, collections, nutraceutical 1. With partnerships with more than 15 domestic acquiring banking partners, we are able to serve merchants in high risk industries as well as low risk, high volume, and low volume, and in-store or online. High-Risk International Merchant Account conducts your online business across the globe. . You are your own boss and you can carry as few or as many clients as you want. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. Whether you operate in industries like adult products, CBD, or online gaming, finding the best merchant account services that are reliable and secure is paramount to your success. Though they flagged my business as high risk and outsourced me to one of their partners who offers high risk merchant accounts for businesses like mine. Stricter terms. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. This will reflect a 37% growth all factors. PaymentCloud: Best for software integrations. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. Each type has its benefits and limitations and can be an important part of a chargeback management system. However, it is considered a high-risk business. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. Customers prefer the e-cigarette to actual cigarettes because they smell better and they taste just as good. As it is not too comfortable to get a merchant account for your online gaming business. With EMB, you can enjoy top reliability, convenience, and ease of payment processing. Negative bank account. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming. Gaming Merchant Account. Our payment solutions for face-to-face, online, and mobile. Payline Data provides merchant accounts with interchange-plus pricing. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. Laws differ between countries and states regarding what is legal in. Gaming payment processing. Because different payment processors refuse to participate in high-risk business merchants. As you know, gaming businesses are high-risk and quite prone to chargebacks, so working on some solutions is necessary. 3% to 3. Fast approvals in 24 – 48 hours. com can help you get your business the proper credit card processing account. For example, the type of industry, the industry's reputation, the place of your business, a higher chargeback ratio, higher return volume & higher chances of fraud, high ticket items, and bad credit scores are a few grounds to consider a business high-risk. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. Knowing that is how things stand, it is best to not waste time seeking partnerships with standard, low-risk. It makes banks classify them as high-risk, and you can learn more about the meaning and consequences of having a high-risk business in this article. You’re going to have to contact the bank or merchant account servicer that you had and find out what and why you have been placed on the list. Get a. National Processing. 5 Star Processing Offers Online Gaming Merchant Accounts. Monthly fee: $10 to $45. A high-risk merchant account is a payment processing account for businesses considered high-risk by banks. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. List of High-Risk MCC Codes. Online gaming is on top of the competition these days, as just one online stream can earn you millions in. Secure high-risk merchant accounts for online gaming and credit repair. Retail. Once approved, EMB can also set up chargeback management tools and a payment gateway, along with a fraud filter for online payments. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games. Chargeback Alerts. – Sex Toys. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. We at MallFine specialize in providing hall legal bankcards and high risk merchant accounts and other payment processing. com we can help make setting up your online tobacco store easy with our credit card payment processing. Amald. Thankfully, there are specialized companies that cater to high-risk merchant accounts, perfectly suited for the gaming industry. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. Merchant Services; High Risk Merchant Accounts; POS System for Small Businesses; Mobile Credit Card Processing for Small Businesses; Industries; Net 30. A classic example of a high-risk online business is e-Gaming. About Us; High Risk Merchant Accounts; Solutions. Chargebacks – One of the main obstacles online gaming companies face when applying for a merchant account or payment service provider is chargebacks. With rapid innovation growth, specific niches have begun to thrive. Whether or not you’ve started your penny auction website already, the damage is done. EMB offers merchants end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, telecom services, and more. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. With Instabill’s online gaming. The vast majority of banks who are giving gaming merchants a credit line consider this factor high-risk. A business can be considered high risk for a number of reasons, including just being a new business without much traffic. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank assesses. Once a high-risk gaming industry merchant account is approved, payment processors set monthly processing limits, typically between $10,000 and $30,000 per month, for the first. Luckily, PayMystic’s expanded network of banking relationships accepts the eGaming and eSports category and provides competitive rates, terms and conditions. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. Therefore, it’s crucial to. While a fantasy merchant account is a necessity, many fantasy sports companies struggle to access payment processing. Due to the high-risk nature of the sector, opening merchant accounts at conventional payment gateway solutions is frequently more challenging for online gambling solutions like casinos. Many small businesses have been taking their trades online to benefit from the huge online market. Despite the status as a high-risk merchant account, it is possible to find a reliable and affordably priced payment processor for online gaming. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. In time, they will likely become more. As long as your chargeback rate is below 3%, emerchantbroker. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. Here are just a few excellent high-risk merchant account providers to help you start your search off right: Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. If they are, they won’t mind providing a little information for verification purposes. 7 million Americans fell victim to identity fraud in 2014. You can also contact us online. A merchant account is a type of account that is approved by a bank or financial institution to allow the business to take credit and debit card payments from their customers. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. Setting up a merchant account can require a lot of time and tracking down and submitting various paperwork and documents. net, give you access to information regarding your new account. This can be damaging to any consumer, and merchants, as credit reports typically list any loan or credit card inquiry. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. The pre-screening process occurs in the early stages when the PSP learns a little bit more about the new merchant. High Risk Merchant Account ; International. This is the perfect solution for a pop-up shop, trade show, or any merchant who travels. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. Why online gaming merchant account is considered high-risk. Online world due to the fact that they typically use recurring payment methods. Whether you are a seller online or have a smoke shop somewhere across the country, your profits have gone through the roof. Voted #1 high risk processor throughout the US, EMB offers unique payment processing services to its customers. 2. In fact, some industries are deemed unsafe altogether. Credit card. It specializes in payment solutions for many types of high. If you think a merchant is selling any of these items, you need to take action before you get hit with fines and other penalties. In the recent years, alternative payment processors like emerchantbroker. Take that information and compare the costs against what you can find online. Reasons to Choose Karma Payment Solution for Online Gaming Merchant Account. Payment processing fees: 2% to 3. net to use them as payment processor. Begin your search for a collection agency merchant account at your bank. Unlike traditional processors, they are more willing to work with high-risk businesses. Thus, here are five instances that make an online gaming merchant account high risk: The card and cardholder are not present. Merchant Processing Advisors can help find a payment processor for your gaming business due to the fact that we specialize in high risk merchants and that we have partnership agreements with both. The high-risk merchant services should offer tools and integrations to ensure online purchases are easy and safe for customers and merchants. When the ratios remain high, processors have no choice but to terminate their high-risk merchant accounts. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost. Unfortunately I've never heard of this company before and couldn't find anything online. Beyond that, EMB can also set up a fraud filter for your online payments. Merchant Accounts for gaming industries are what you need that makes you able to accept credit or debit card payments. Expertise: With years of experience in the industry, we know the ins and outs of high-risk businesses. A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. High-risk merchant accounts are necessary for these industries. Merchant accounts are provided specifically to control the functioning of your e-commerce websites or websites that accept online payments, one of which is online gaming. Offshore payment processors typically provide these high-risk merchant accounts in a foreign country. Many people find WooCommerce is the provider that best meets their business’s needs. Higher payment processing fees. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. Issuu Store. Sell online. Published Jan 18, 2023. i. There are a lot of steps to setting up a business. Documents needed to open an online gaming merchant account. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. Pros. When the customers subscribe to the digital television. Chargebacks occur when a customer calls their bank or credit card. Fast Approvals: We understand that time is of the essence. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Reach millions of shoppers. National Processing: Best For Clover Processing Hardware. An online gaming merchant account has tremendous potential for online gamings, sports, and other skill games to maximize their benefit and guaranteed growth for the business. Despite this overwhelming number, there is some encouragement in that this number has decreased by 3% from the 13. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. ECS Payments can provide you with the best payment solutions for an online casinos merchant account, covering all different types of online gaming payment processing including: Lottery. Fill in all the required fields. There is a range of rules and regulations surrounding gambling and online gaming businesses. But there are some surprising businesses that fall into the high-risk category. Before. The finest investment an online gaming business can make is to look for a high-risk merchant account that is reliable and trustworthy to process payments safely. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. All they want is to avoid the risk. Massively multiplayer online gaming (MMO), which includes games that can be played by hundreds and sometimes, thousands of players at a time, generated $19. Create an online gaming merchant account with us. 000 euros. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. Many merchant account providers do not understand the issues surrounding this industry and will provide a merchant account that will eventually be terminated, which is not only highly disruptive to any business, but it also makes it. When it comes to opening a business bank account, you are going to need: a business license. According to the Center for Disease Control (CDC) one-third of Americans are overweight. Bank transfers are the safest online. Many factors go into making e-Gaming a high-risk industry including chargeback disputes, complex legal issues, international clientele, risk of gambling addiction, and money laundering. 95%. Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. 4949 or get started here . com have become highly popular. With the industry exceeding the expected growth the. Moreover, doing business online has been made simple with. Easy Pay Direct login gateway. The bank then sends the information to the card issuer. Including individual transactions and batch totals with comprehensive reporting tools. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. Credit and debit cards are the next step in the development of the online gaming business. high risk merchant account. 805. 4% for mid-risk transactions. This could include industries such as adult entertainment, online gambling, pharmaceuticals, or even e-commerce businesses with a history of chargebacks. Obvious examples of high-risk merchants include those in industries like medical marijuana, on-line gambling, or telemarketing. Our Social Gaming Merchant Account gives real-time authorization response and multi-currency. What Makes an Online Gaming Account High Risk? So, why is online gaming viewed by banks and other financial institutions as high risk? The two most common reasons that a company is labeled “high-risk business” are a high chargeback rate and a high frequency of fraud. Best high risk merchant. Some common industries considered high risk include: Online gaming; Adult entertainment; Telemarketing; Travel; Timeshares; Nutraceuticals; High-ticket items; The Pros of a High-Risk Account. 14 trillion by 2020. The first concern is the business that provides the platform for the players, for this you need some important resources and their availability depends on your banks. Get the help you need to obtain a high-risk merchant account. This has created a huge demand for weight loss solutions that include weight loss supplements, healthy foods and drinks, and more. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. Adult entertainment. Common examples of high-risk businesses include: travel. However, the sector’s influence extends far beyond dollars; it has shaped broader social, cultural, and business trends and established a path for companies to. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming merchant account. Online gaming is an important sector of that market, with global online gaming expected to expand from 126 petabytes in 2016 to over 568 petabytes by 2020. The first step is identifying your exact vertical. The data breach incident sold customer details for £1 each in this scam. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. Gaming Merchant Account is the Best Solution for your Online Gaming Businesses May 24, 2023 What is High-risk Merchant Account, and How Does It Differ from a Regular One?Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. The Subscription boxes are regarded as at high risk in the merchant account. ePay Global have multifunctional processing system which can process over 200 currencies. Reputable payment processors like emerchantbroker. Several businesses may need a high-risk merchant account to process credit cards. For starters, they provide a higher level of protection for businesses that require greater levels of payment security. In this comprehensive guide, we’ll delve deep into. The reasons are as follows: Online gambling businesses feature a high-volume turnover; Most gaming businesses are based offshoreA: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. Our experts understand all the industries profoundly and make the process convenient for the merchants. To begin the process, you can apply online for a fantasy sports merchant account. Online gambling is commonly known as gaming within the merchant services industry. ChargeMoney is offering efficient and secure Travel Merchant Accounts tailored for businesses in the travel industry. More and more high-risk businesses are getting. What sets high risk businesses. When a bank or financial institution rejects a merchant account application because the business is high risk, it is often due to a number of factors, including the industry, a history of bad credit or no credit, and a reputation for high volumes of chargebacks and refunds. Thus,. If your application is accepted, there will be set up or activation fees involved. Bank-to-Bank Transfers. These industries include online gaming, adult entertainment, cryptocurrency. ” This is related to the causes we list below. Most payment processors and banks turn down high risk and high volume merchants that operate non-traditional businesses such as Health and Beauty, Adult , Gaming, Sports, Casino, Dating, Gambling, MLM, Nutra, CBD Oil etc. Gaming payment processing typically involves a. High volume solutions: load balancing gateways and multiple MIDS. Easy Pay Direct can help you get an adult merchant account and credit card processing services for your high risk business. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Alipay.