A high risk payment gateway is often necessary for businesses that deal with high-risk transactions or have a higher likelihood of fraudulent activity. This particularly applies to online businesses, which usually process card-not-present transactions.
Some industries that often require high-risk payment gateways include:
Nutraceuticals or supplements
Online gambling or gaming
Adult entertainment
Travel
High-risk payment gateways specialize in managing the risks associated with these industries and can offer higher levels of fraud protection and security measures.