High-Risk E-commerce Specialists
Based in Las Vegas, Nevada, PayNetSecure is a merchant account provider that specializes in serving domestic and offshore high-risk e-commerce business types. The company shared an address at one point with another company called NationalACH (nationalach.com), and it appears that both PayNetSecure and NationalACH may be related to a third company called Best Solutions Source. PayNetSecure does not list a backend processor or acquiring bank on its website, but the fact that the company specializes in high-risk and offshore merchants means that it is probably partnered with multiple banks.
PayNetSecure Payment Processing
PayNetSecure processes most major debit and credit cards and focuses on high-risk and high-volume businesses. According to the company’s website, it specializes in serving merchants in the adult entertainment, foreign exchange, CBD, and diet/weight loss industries, as well as Bitcoin merchants. The company’s services include mobile solutions, e-commerce solutions, virtual terminals, access to payment gateways, MOTO, processing for 160 currencies, fraud protection, PCI compliance, recurring payments, ACH processing, QuickBooks integration, and chargeback management. It should be noted that they do not mention in-person options such as POS systems or terminals on their site.
PayNetSecure Location and Ownership
Konrad Toch is the president and CEO of PayNetSecure. The company is headquartered at 3773 Howard Hughes Parkway, Las Vegas, Nevada 89169.
PayNetSecure Review Table of Contents
- Costs & Contract: PayNetSecure offers variable contract terms that depend on each merchant’s business type and risk profile.
- Complaints & Service: PayNetSecure has received fewer than 10 public complaints.
- BBB Rating: PayNetSecure does not have a profile with the Better Business Bureau at this time.
- Sales & Marketing: PayNetSecure appears to hire independent sales agents and but has not received any complaints about its sales practices.
- Rates & Fees: How Merchants Got The Best Rates With PayNetSecure