We praised Payline Data in our review of its processing services. It has great chargeback protection, lots of POS options, and tons of ways to integrate your processor with shopping carts, POS systems, and other third-party software like Quickbooks.
These integrations mean that if you’ve already been using an online shopping cart service or a POS system in your business, Payline may be able to plug right into your ecosystem. This is especially useful if a processor you were recently using discontinued its services after deeming your businesses too risky.
Payline works with businesses in a lot of different high-risk fields:
- Auto parts
- E-cigarettes, vaping, and tobacco
- Fantasy sports
- Online furniture sales
- Multi-level marketing firms (MLMs)
- Online gaming and casinos
- Vacation and travel services
- And more
Payline does not specify the kinds of businesses they won’t work for, so even if you don’t quite fit into one of these categories, it may be worth giving Payline a call.
Another thing to keep in mind is that Payline’s high-risk pricing starts at interchange + 1.5%. That means your pricing may be more expensive depending on the processing risk assessed to your business. Unlike Dharma, where you are guaranteed a certain rate unless otherwise specified, with Payline your rate is likely to be higher.
That said, the fact that Payline uses interchange-plus pricing is a good sign, as that pricing model tends to be a savings-focused pricing model overall. So if Payline is your processor, you may still save a lot of money.