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What is 2D high risk payment gateway?


Question

What is 2D high risk payment gateway? What is the difference between 2D POS terminal and 3D payment gateway?

Answer

Traditional 2D POS terminal are used by those types of businesses that do not have an anti-fraud filter to verify a transaction of a cardholder, that is, the card issuing bank does not send any message to the cardholder's mobile phone to validate the operation. 3D security protocol works in a way that when a customer makes an online purchase and introduces his debit or credit card details through the virtual payment terminal, the bank sends a message to his mobile phone to verify that the transaction is being made by him and not by another person without his authorization. Once the customer has validated the operation with his mobile phone, the merchant number is exempt from the responsibility of fraud and all responsibility falls on the card issuing bank.

The difference between a 2D and 3D payment gateways:

  • 2D secure terminal does not send any validation message of the operation to the cardholder, the responsibility lies with the merchant in case of fraudulent use of the card.
  • 3D terminal sends a message to the mobile phone of the cardholder to validate a transaction, in this case the responsibility for the transaction lies with the cardholder.
  • 2D payment gateways are very difficult to obtain since the percentage of chargebacks generated due to low level of security is very high and banks generally have many impediments to grant one to a merchant. On contrary, 3D virtual POSs are easier to obtain since the anti-fraud filter verifies the ownership of the transaction lowering the possibility of a chargeback. In general, banks are more predisposed to facilitate 3D than 2D.
  • 2D and 3D payment gateways can be used by high and low risk businesses. That is, we can find the 2 types of payment methods in the market. As we mentioned above the high risk 2D payment terminal will be much more complicated to contract than a 3D secure.
  • It takes less time to process a transaction with a 2D secure payment method than through 3D protocol, since there are no extra verification steps that slow down the purchase process.

If you have a low-risk business, we recommend you to apply for a 2D payment gateway. Generally the bank may refuse to provide it at first but if you have the economic capacity to pledge a rolling reserve or offer the bank guarantees to minimize the fraud risk, the entity could activate it without problems. In the case of having a high-risk business, we recommend that you first apply for 3D secure payment gateway and once you have a credit history at the bank, talk to your payment agent again asking to review your account and change it to 2D terminal.Virtual POS terminal 2D


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Erkan sugut
Hello, I have a registered financial consultancy company in london. We have a sterling dollar and euro account with our transfer wise bank. Our consulting fee varies between £ 500 and £ 3000 depending on the situation. My company registered address in London, but I live in Turkey. In this case, can you provide me with payment gateway service?
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Admin

Dear Erkan. 

In order for us to provide you with payment gateway services we need you to contact us via e-mail, WhatsApp or Skype with the following information: 

1. Link to your finished website from which you will be selling your services. 

2. Description of the products that you are going to sell through the terminal? 

3. What is an average amount of monthly sales? 

4. Country and origin of incoming payments. 

5. Amount of an average ticket

Also, you can fill in the Pre-approval form that you can find on the right side of your screen. Once we receive this information we will be able to provide you with a payment gateway. Regards

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sathiamoorthy Gurusamy

we want payment gateway

Reply
avatar
Admin

Dear client, 

Thank you for reaching out our company for information. In order to sell your products or services around the world and to accept debit and credit card payments you need a website and payment gateway connected to it. 

In order for us to provide you with payment gateway services we need you to contact us via e-mail, WhatsApp or Skype with the following information: 

1. Description of the products that you are going to sell through the terminal? 

2. What is an average amount of monthly sales? 

3. What is your nationality? 

4. Where will the payments be made (country and origin of potential clients)? 

5. Amount of an average ticket. 

6. Country of registration of your company and bank account

You can also fill in the Pre-approval form that you can find on the right side of your screen. 

Once we receive this information we will be able to provide you with a payment gateway. 

Regards

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avatar
livendra kommanaboina
send me your business details and the requirement on my email address livendra786@gmail.com i will get a best and suitable payment gateway according to your need or else call & whatsapp on 7718076539 for more information.
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