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Payments are evolving fast, and open banking is a key part of that shift. This infographic breaks down how open banking impacts high-risk merchants, covering fund checks, fraud control, faster payouts, and smoother transactions. Read the whole infographic to know more. https://webpays.com/the-impact-of-open-banking-on-high-risk-merchant-accounts.html
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THE IMPACT OF OPEN BANKING ON HIGH-RISK MERCHANT ACCOUNTS 1 REAL TIME FUND VERIFICATION Live account data minimizes errors and ensures instant payment confirmations for merchants. ADVANCED FRAUD PREVENTION TECHNIQUES Real-time transaction insights empower systems to detect and block fraudulent activities effectively. 2 3 LOW FEES, FAST PAYOUTS Direct bank transfers reduce processing costs, accelerating settlements for robust cash flow. SUPERIOR CUSTOMER SERVICE EXPERIENCE Frictionless, secure payments reliably improve client satisfaction and brand loyalty consistently during transactions. 4 WWW.WEBPAYS.COM