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50 Most Trustworthy Companies of the Year 2020

A high-risk International Payment Gateway provider with solutions of promising value: IPayTotal


Most business owners usually work in high-risk sectors, and they typically have trouble securing a merchant account and payment gateway. Securing a merchant account is tricky because the merchant account provider is the company that will have to take the risk while they process the high-risk transactions. If you own an online business with an increased risk of chargebacks, you will need a high-risk merchant account, which is basically a payment processing account for businesses deemed as high risk to the banks. We must be quite aware that the high fees for high-risk merchant accounts were set as a standard many years ago, and today you can find payment processors that offer competitive rates tailored to your business.

IPayTotal is a rapidly growing provider of high-risk payment solutions for various businesses. It offers customisable payment solutions at competitive prices while providing multiple layers of security. The company’s tailor-made package includes an arrangement of a merchant account (MID) with one of its international acquiring banking partners. It includes an award-winning payment gateway service, reporting tools, integrated fraud-prevention, and free dedicated lifetime support. The organisation brings transparency and standards to the high-risk payment processing industry, providing businesses with the most competitive deals in high-risk merchant accounts suited to their needs. The company offers these solutions in integrated packages that will perfectly adjust to the client’s company card payment requirements. IPayTotal focuses primarily on high-risk merchant accounts. Their specialised services include IBAN accounts, Crypto-processing, Offshore company incorporation, and Offshore bank account, which are tailor-made as per your business requirement.

IPayTotal was founded in 2018 and it is based in London.

In conversation with Sen Kugan, Director of iPayTotal

Q. How do you define the current global financial and e-money payment landscape?

We believe that the world of payments is about to be fundamentally transformed between now and then. It will be reshaped by technology and redefined by regulation, the emergence of new economic powers, and changes in the global currency landscape. Most importantly, payments will be refocused from a commoditised proposition to a strategic, value-adding solution, one that is offered with a greater focus on the broader commercial and transaction.

Q. Internet banks or banking process creates a lack of personal relationships with bank personnel. How do you leverage modern technologies to bridge this gap?

In response to the evolving forces of customer expectations, much of the landscape will change dramatically. Banks are required to choose what posture to adopt against this change – whether to be a shaper of the future, a fast follower or to manage defensively, putting off change. Staying the same is not a solution. Our ability to manifest opportunities out of the disruptive environment based on Technology and external partnerships to create customer value will determine our future success.

Q. About your services in brief?

We focus primarily on high-risk merchant accounts. Our specialised services also include IBAN accounts, Crypto-processing, Offshore company incorporation, and Offshore bank accounts are tailor-made as per your business requirement. IPayTotal is a global payments company; we can assist merchants in creating high-risk merchant account and provide them with customised online fraud-free credit card processing solutions. We believe that merchants deserve better. We provide a system that delivers a seamless experience and drives growth. We take time to understand any business’ operational challenges and present cost-effective solutions to improve inefficiencies and increase profitability. Apart from our headquarters in the UK, we have operations in the Philippines, India, and across the US. We continue to grow, serving millions of customers across all market segments wherever they are in the world. Our National and International Connections with Acquiring Partners give us the edge to offer reliable Credit & Debit Processing to almost every industry, which is considered low or high risk. As the world’s digital demands continue to rise, we are proud to have our in-house developed white label gateway solution with one of the best payment technology today. And as our company grows in parallel to such demands, we also want to acknowledge our great relationships with international banking institutions worldwide to provide IBAN and SWIFT banking solutions.

Q. Cyber security is the top priority of any financial services company. How do you secure your clients’ data without increasing the complexity of the financial activities?

The very innovation that drives business growth and adds value also creates first order cyber risks. To optimise revenues and avoid losses, every merchant should put in place restrictions to keep fraudulent shoppers away while ensuring a smooth process for their customers. Our international payment gateway provides powerful built-in fraud prevention filters and monitoring tools based on client behaviour, ensuring any suspicious activity is blocked.

Q. Do you provide tailor-made solutions depending on the clients’ requirements?

Yes we do. IPayTotal can assist merchants in creating a high-risk merchant account and provide with tailor-made credit card processing solutions.

Q. Do you have any new services ready to be launched?

MOBAM, an iPayTotal Vertical, is a new end-to-end merchant onboarding and payment gateway solution that reduces technical complexity. The solution eliminates the hurdle of complicated integration and removes holdup to business growth for PSPs, ISOs, and acquirers. The company’s latest merchant onboarding and payment processing technology enables both innovation and cost savings at the core of all iPayTotal white label global Merchant Onboarding and payment gateway solutions. The system is tailored to meet all needs of payment service providers, ISOs, acquirers, Independent Software Vendor (ISV), and Value- Added Reseller (VAR). MOBAM is a highly scalable and PCI-certified payment orchestration platform for White Label Clients and Enterprise Merchants. The modern, easily extendable architecture provides intelligent routing and cascading as well as state-of-the-art risk management functions as well as centralized reconciliation and settlements along with plugin-based integration of Acquirers and Payment Service Providers. Our white-label payment gateway is being used by many clients globally.

“IPayTotal can assist you in creating your high-risk merchant account and provide you with customized credit card processing solutions. We can guide you through the banking underwriting process.”