Epoch is a payment service provider that specializes in processing online payments for high-risk merchants. High-risk industries such as adult entertainment, firearms, cryptocurrency, and online betting require specialized payment processing services due to their legal and regulatory challenges.
Epoch serves as a mediator between these industries and financial institutions, allowing high-risk merchants to receive online payments with ease. As a payment service provider, Epoch offers a range of services to high-risk merchants, including payment processing, fraud prevention, and chargeback management.
Epoch guarantees successful transactions for merchants, providing them with a reliable and secure payment processing solution. In this article, we will provide a comprehensive guide to Epoch and high-risk payment processing, including their services, safety and security measures, and market share.
Understanding the role of payment service providers like Epoch in high-risk industries is essential for merchants and consumers alike.
Payment Service Provider
Epoch serves as a payment service provider that facilitates online payments for high-risk web shops. It operates as a bridge between the customer and the high-risk site from where they purchase.
Epoch processes payments from high-risk web shops and passes them to the customer’s credit card, similar to traditional payment processors. However, Epoch focuses on high-risk industries that traditional credit card processors avoid, such as adult entertainment, firearms, cryptocurrency, CBD products, nootropics, online betting, and some dating websites.
Epoch guarantees the merchant a successful transaction and a guaranteed amount, but charges higher fees for processing payments from high-risk web shops. It functions similarly to PayPal but is tailored to meet the needs of high-risk industries.
If there is a charge to Epoch on a credit card, it means the payment was processed by Epoch on behalf of a high-risk merchant. Epoch has a reputation for being safe and providing security in online purchases. It sends a transaction receipt to the customer’s email after every purchase, which includes information about the item purchased, the website, order ID, terms of purchase, and a link to customer services.
Customers can investigate suspicious bills by checking their receipt, contacting Epoch, and involving the card issuer or police if necessary.
Epoch’s Services
One company that provides payment processing services for industries considered high-risk is Epoch. Originally starting as a link between banks and online adult entertainment, Epoch has since expanded to cover other high-risk industries such as firearms, cryptocurrency, nootropics, online betting, and certain dating websites. Epoch serves as a bridge between customers and high-risk merchants, processing payments online and guaranteeing successful transactions for merchants.
To enhance the audience’s understanding of Epoch’s services, here are four key points to take note of:
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Epoch operates as a payment service provider that processes payments from high-risk web shops and passes them to the customer’s credit card. Similar to PayPal, Epoch charges higher fees for processing payments from high-risk web shops that traditional credit card processors avoid.
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Epoch provides safety and security in online purchases. Customers can investigate suspicious bills by checking their receipt, contacting Epoch, and involving the card issuer or police if necessary. Epoch also sends a transaction receipt to the customer’s email after every purchase, which includes information about the item purchased, the website, order ID, terms of purchase, and a link to customer services.
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The high-risk industries that Epoch covers are mainly those that other payment processors tend to avoid. These include adult entertainment, firearms, cryptocurrency, nootropics, online betting, and certain dating websites.
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Epoch has a 0.18% market share, with 595 customers primarily in the US, UK, and Canada. Despite being a relatively small player in the payment processing industry, Epoch has established itself as a reputable and reliable payment service provider for high-risk industries.
Safety and Security
Regarding safety and security in online purchases, it is crucial to investigate suspicious bills by checking the receipt, contacting the payment service provider, and involving the relevant authorities if necessary.
Epoch, as a payment service provider, ensures that its platform is safe and secure for customers. In case of any fraudulent charges, customers can investigate by checking the transaction receipt sent to their email after every purchase. This receipt includes information about the item purchased, the website, order ID, terms of purchase, and a link to customer services. Additionally, customers can use the Purchase Finder on Epoch’s homepage to investigate suspicious bills.
If a customer suspects fraudulent charges, they should contact Epoch immediately for assistance. Card issuers can also deactivate the card and review the account to prevent further fraudulent charges. Police may get involved if the fraudulent charges exceed a certain amount.
Epoch’s commitment to safety and security ensures that customers can confidently engage in online purchases without worrying about fraudulent charges.