What's an EWallet: Exploring the Benefits of Digital Payment Solutions
March 1, 2023
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9 MIN READ
Ecommerce merchant accounts are considered high risk for a few reasons. First, ecommerce transactions involve the exchange of sensitive financial information, such as credit card numbers and bank account details, which can make them more vulnerable to fraud. This increased risk of fraud makes ecommerce merchants a higher risk for credit card processors and banks, which may charge higher fees or require additional security measures to mitigate the risk.