Host Merchant Services: Best for Interchange-Plus Pricing. Risk Controls. Not all merchants are created equal. , online gambling provider) (iBus Media Limited, 2011). 50% + $0. We don’t discriminate. Merchant category risk is determined by assessing several factors, including the nature of the products or services being sold, the transaction volume and frequency, the geographic location of the merchant, and the history of fraud or chargebacks associated with the merchant’s business. Positive future business projections. G2 analysts have seen a recent increase in illegal gambling sites laundering their transactions. Let’s get one thing straight, being considered a high-risk merchant (or what we like to refer to as higher risk) isn’t always a bad thing. Offshore bank accounts offer benefits such as lower taxes, increased privacy, and expanded global reach. The company guarantees the lowest rates and prides itself on. 13 E-mail from Chief, Cyber-Fraud and Financial Crimes Section, Division. PayKings | 1,049 followers on LinkedIn. Authorize. Merchants labeled high-risk often operate in industries prone to regulatory changes, high chargeback ratios, or increased fraud risk. With an online gambling merchant account, online gambling and casino merchants can accept payments from customers in a variety of currencies and payment methods, including credit cards, debit cards, and e-wallets. Self-exclusion fraud: offering players the opportunity to mark themselves as problem gamblers is a legal requirement. EskayPay Online Gambling Payment Processing Give Customised Solutions. Gambling marketing influences gambling perceptions and interpretations of gambling and minimizes the risks. Based in Portsmouth, New Hampshire, Instabill has been covering the high-risk merchant space since 2001. Thanks in no small part to the. This refers to both pay ins and payouts. PayKings Provides Online Gaming Merchant Accounts. ; 1 The Merchant of Venice is one of Shakespeare’s plays in which gambling features most prominently. ,An online survey was administered to a sample of GBSs resulting in 64 completed surveys. High Risk Merchant Account – Get Approved in Under 24 Hours. We help companies who need to acquire an online gaming merchant account and run a sustainable business. Friendly fraud is now reportedly the #1 fraud attack source that merchants have to deal with. Financial institutions typically screen merchants through the MATCH list to verify whether they have a history of poor business activities or have ever had their ability to process. Chargeback management: High-risk payment gateways typically have strong chargeback management systems to assist merchants in successfully handling and. This will allow you to continue doing business even in high-risk markets. Games of chance and games of skill - Includes any activity with an entry fee and a prize, regardless of whether the outcome is determined by chance or. Ongoing support & risk management every day through Whatsapp, Telegram & Skype. Smoking-related or CBD products. It aims to make merchant risk management efficient and beneficial to any industry. In the end, consumers in the United States would be better protected than they are now. Further, it is prohibited to use Stripe’s products and. Plus, you’ll never be charged a setup fee or application fee. A #gambling_merchant_account is a type of account that caters specifically to businesses operating within the online gambling industry. Soar Payments prides itself on exceptional customer service (Soar Payments agents are actually available on the phone to discuss. Low risk. High-Integrity Risk Merchant Tier. This symbol indicates that your products or services offering is restricted. If you own a business, you understand the value of having a dependable payment processing solution. PayKings (Merchant Payments Acceptance Corp LLC) is your powerful partner in global transaction Low, Medium, and High Risk Merchant Accounts processing. PayPal prohibits the following activities, even where the specific activity is lawful and/or isn’t legally defined as gambling, unless the transactions are associated with an approved merchant. Some common types of high-risk industries include: Adult entertainment. (IP) Violations Illegal or Miscoded Gambling Online Sale of Tobacco Products Rogue Cyberlocker Merchants Prohibited Adult Content 4. The word hazard was a name givven to a) a roadsign b) dice. In order to stay ahead of the curve, sports betting operators need to balance managing risk with providing an optimal player experience. Tier 1. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. High-Risk Merchant Accounts. Finding the right payment gateway and merchant account solutions requires research and patience. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. 7995 or 7999. This allows payment processors to take on risk but have a mechanism in place to prevent financial loss. Note that the major payment card brands prohibit certain industries too. That simplifies online transactions in a variety of currencies. In. Current legal and regulatory landscape. This means they must apply for a high-risk merchant account. Those serious about acquiring gambling merchants need to take it seriously. This includes identification, investigation, and enforcement activities related to. Our innovative SaaS solution empowers your business to efficiently manage your merchant applications and enhance your operations that drive growth. Sites like Cardgames io, Replay Poker, and San Manuel Online Casino all have something in common; they work in a unique niche. According to Newzoo research, the online gambling industry will keep increasing by 8% annually. National ACH specializes in offering high-risk merchant accounts to process ACH, e-checks, debit cards, and credit cards. As online gambling merchants are often categorized as “high risk” by default, a chargeback problem can quickly limit their options for affordably and reliably accepting credit card payments. Gaming is booming industry…. MCC. 2 Merchant Risk 10 Questionable or Unsound Business Practices. The following additional terms and conditions apply to you where you are a gambling or gaming sector merchant. Online gambling websites must obtain a reliable credit card processing solution for their business to thrive. Those serious about acquiring gambling merchants need to take it seriously. PayKings Provides Online Gaming Merchant Accounts. 9% of total transactions. 0 M+. High-risk merchant fees: Most credit card processors do not approve high-risk merchants for an account, such as those that belong to the gambling industry. Merchants that present a financial risk to the payment processor are assigned a high-risk MCC. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. High Risk Pay offers high-risk merchant accounts and payment gateway solutions to businesses from all verticals. It also allows accepting wires, E-wallet payments, crypto, debit cards, and international (local) payment methods of merchant's choice. Get a secure payment processing solution in as little as 24 hours. When checking sources of funds/wealth for casino AML compliance, casinos must analyze whether a player displays behavioral patterns associated with problem gambling. 1 “Between 1500 and 1700 gambling in Venice changed from a private activity for small groups of noble ; 2 John Marckant, Of Dyce, Wyne and Women, London, printed by William Gryffith, 1571. High Risk Merchant Account LLC. We are not blowing our own trumpet but revealing to you the truth that WebPays is what you all need. A Merchant Category Code (MCC) is a four-figure number used to categorize business entities according to the type of products or services the company offers. Opt for a high-risk merchant account that deploys robust fraud detection and prevention mechanisms, including real-time monitoring, identity verification, and effective chargeback management to reduce your own risk. The subsets contain 1-year of customer. It is not about rolling the dice. A high-risk business is considered likely to fail financially by card processors and banks. Chargeback management: High-risk payment gateways typically have strong chargeback management systems to assist merchants in successfully handling and. As long as your business has a monthly processing volume of at least $50,000 per month, we can help you get. Since gambling is an international business, it is vital for merchants to be able to accept payments in the local currencies using local payment methods not to lose clientele. These companies include nutraceuticals, online dating services, travel agencies, etc. 0 M+. Despite the high risk of online gambling merchant accounts, companies have a decent number of providers from which to choose. PaymentCloud — Best for businesses looking for completely customized payment packages, fraud prevention tools, advanced payment gateways, and merchant funding. According to the report, 70 percent of online gambling transactions were made with a mobile device. Though getting a gambling merchant account is a challenge, it is not out of the question. Online gaming and gambling. Easy Pay Direct: Best for Scaling High-Risk Businesses. International accounts for online casinos, sportsbooks and skill games Online gambling merchant accounts are a great way for online casinos, sportsbooks and games of skill to maximize. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high-risk category. • The Gambling Commission is consulting on whether it should ask gambling merchants to carry out affordability checks to assess whether consumers can afford. It’s great for pop-up shops and food. . A low-risk payment provider (like PayPal) charges its ecommerce users a 2. But not all accounts are the same — some are considered low risk and others are high risk. 4. Here’s an overview of what may land you in the high-risk credit card processing category as opposed to the low-risk one: High risk. Merchant Category Codes (MCCs) are issued by credit card companies to indicate what goods or services a business offers. In the simplest of words, a high risk merchant account is an account that is used for payment processing by businesses that are considered to be high risk by banks. ) are the entities that determine whether or not a merchant is high-risk. These accounts come with tailored risk management and rigorous underwriting processes to mitigate the elevated risks associated with such businesses. Each merchant service provider received a rating based on over 50 data points. eMerchant Authority is the leader in payment processing for high-risk merchants. 3. Show Summary. The Reserve Bank of Australia (RBA; 2018) reported that, as of November 2017, there were 16. That MCC regulates video game establishments and. Additionally, a business owner who has bad credit, an unsatisfactory credit card processing history, low cash flow levels or higher sales volumes may be viewed as a high. However, SumUp does allow lottery kiosks/clubs as an exception. Other risks include fraud and reputational risk. Each payment processor has specific criteria known as a credit policy, which dictates what types of business industries they are allowed to support. Online Payment Service, High Risk merchants, White label secure Gateway, Merchant account provider, and Gaming/Gambling payment solution Employees at Meikopay Kevin LeeOnline gambling; Jewellery; Legal services; If you’re a merchant operating in one of the above industries, chances are high you’ll need to secure the services of a merchant account that specialises in. This recognition has led to demands for public health strategies at the local, national, and international levels. Warning signs of fraudulent sites. This. 75%, and you’ll also pay around €950 in annual bank fees, a setup fee of €100, and a monthly fee of €20. If a merchant operates in an industry with historically high rates of fraud or customer disputes, or if the products or services they sell are subject to extended time limits for filing chargebacks, they're likely to be categorized as high risk. Last updated or reviewed on June 21, 2023. A payment gateway gives customers a choice of payment methods, such as ACH, bank transfers, credit or debit cards, e-wallets, and cryptocurrencies that helps customer retention. Gaming Solutions. At Trustly, we're proud to partner with such a holistic platform and together drive innovations in the payments industry. Particular features that make this form of speculation unique include its 24-hour availability, long-form nature, the extreme volatility of outcomes, and the strong influence of sentiment and social influence. 5122 – Drugs, Drug Proprietaries, and Druggist. Self-exclusion fraud: offering players the opportunity to mark themselves as problem gamblers is a legal requirement. It was created to make online. Payment Gateways: Secure Solutions for Your Business. The internet has caused an explosion of new media and online gaming. What a high risk merchant processor underwriter looks for is the volume of unpaid chargebacks, any irregularities in business patterns that suggest funds aren’t legally managed properly, and how much exposure there would be to regulatory fines from the government or card brands. Running a gambling business is riskier than selling clothing or. The merchant should always consider security when selecting a gambling payment gateway. The criteria used to classify merchants are usually the industry type and the history of disputes and chargebacks. You can load balancing by diverting. PaymentCloud: Best overall. Thus, a gambling merchant account is a type of account that provides merchants services specifically to companies within the said industry. We founded Justt to deal with chargebacks on behalf of merchants. 2%. Returns: If your business tends to give out refunds frequently, payments companies may assume that you, the merchant, are doing. All businesses need merchant accounts in order to accept credit and debit card transactions. “High-risk” merchant accounts cater to businesses that are typically considered more prone to financial risk by banks and payment processors, including. Many gambling payment processors tend to charge unusual fees from the merchants coming from this particular industry. Most of the eCommerce websites have a merchant account to take care of the payments which are processed through. com: It will not work with businesses that offer gambling, online tech support, prescription drugs, or cannabis seeds. A similar scheme involves merchants who want to engage in “high risk” activity, such as online gambling, but don’t want to pay the higher fees charged to high-risk merchant category codes. They then monitor those businesses via a four-digit Merchant Category Code (MCC). Our TMF or MATCH list merchant accounts allow you to get back to receiving credit card and eCheck payments - without exorbitant fees or excessive scrutiny. 5 steps to managing high-risk gambling merchants. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. This extra layer of verification helps protect both cardholders and merchants during checkout. The company focuses on providing tailored solutions and features to satisfy businesses’ needs. Firearms Merchant Accounts. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. Online gambling. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. Risk management in gambling can prevent unbudgeted expenses and the loss of reputation, fight against cyber-attacks and money laundering. It also involves continuous management of your payment processing solutions and making the appropriate adjustments along the way. Most acquiring banks view gambling as a high-risk sector, making it extremely difficult to establish an online gaming merchant account and payment gateway. In response, researchers and operators have worked with big data to develop risk-identification models to identify indicators of problem. . The ability for all agents to keep their own players. Risk management in sports betting involves the creation and implementation of processes and contingency plans that ensure the stability and profitability of sports betting operations. It lets you take payments in a variety of international currencies. Average transaction of $500 or more. S. 2. Transparent oversight. Additionally, you will receive a detailed fee schedule for all your transactions. It aims to make merchant risk management efficient and beneficial to any industry. Best overall: PaymentCloud. PaySpacelv. R. Especially considered to be video games played. Posted on September 15, 2017 May 12, 2023 by merchants. How To Apply For A High Risk Merchant Account. With the latest technology, speedy. Connection of the security software automates the risk management system. Getting the best high-risk merchant account is the most significant requirement for your business to start taking online payments. High risk merchants, particularly those of the e-commerce sort, need to gear for another set of Visa Chargeback rule changes, effective April 15, 2018. 79%. Through multi-acquiring, our goal is to have your business approved with best terms possible. For MasterCard and Visa, gambling and gaming merchants are both considered high risk merchants not only due to their potential for fraud and chargebacks, but also due to the legality of the service they provide. They look at many factors, including the ticket size of a typical sales transaction. As a merchant A business that accepts credit cards for goods or services. If the. National Processing. Will be charged on a IC ++ pricing model. The Pros. 7% from 2022 to 2030. Integration. Thanks in no small part to the pandemic driven lockdowns of 2021, the gambling and gaming sectors experienced a boom in business as consumers flocked to betting platforms and online casinos. A mobile merchant account is a type of payment processing account that allows businesses to accept payments from customers using their mobile devices. Many banks are now working on plans to help customers restrict their spending on gambling, offering gambling blocking solutions, with some banks allowing customers to 'turn off' payments to certain types of retailer, including. High-risk merchants work in businesses that are bound to increased refunds, legal and governmental restrictions, or reputational problems. Obtaining a payment gateway is never easy. Whether you're struggling to accept payments on your adult ,sex shop, casino, tobacco, SaaS, membership, dropshipping ecommerce,IT tech support,crypto exchange, p2p crypto trading,gambling, forex, or trading website, or you've been banned by Paypal,Stripe,Shopify Payments or other providers due to high sales volumes or high. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa, Mastercard, and other leading credit card companies. Read on for everything you need to know about high-risk processing. Get your high risk merchant account approved directly with principal member of Visa/Mastercard. Instabil is a leading high risk merchant account provider for online gambling merchants, e-commerce, MOTO, and retail businesses. Majority of card processing providers consider it as high risk industry due to certain reasons. Conversely, low-risk merchant accounts. For example, a warning sign could be when a person spends €3k ($3. You can find out more and apply online for our online gaming merchant accounts here . The changes are going to force merchants, particularly those in high risk industries, to re-think their chargeback strategies. , those with both physical and digital storefronts), Moonlight addresses the unique challenges faced by businesses in sectors like. services (often. 1. PaymentCloud, based in Woodland Hills, California, is one of the best merchant service providers you can rely on. Durango Merchant Services: Best for highest-risk businesses. This classification is due to the higher incidence of chargebacks, regulatory complexities, the global nature of. 6. Permit you to conduct business in both regulated and unregulated sectors. We provide the best credit card processing services for all type and size of businesses. The risk factor involved in gambling merchant accounts is high, as a lot of money is at risk in this business. Solutions For High Risk Gambling Merchants. The evolution of merchant compliance and risk management are themes that stemmed across all topics covered last month at the 10 th annual Risk Summit Series in Riga and London. Chargeback Management Guidelines for Visa Merchants is a comprehensive manual for all businesses that accept Visa transactions. Compared to other business types the gaming business presents a higher risk to the underwriter and that is why this merchant business is called high risk by banks and merchant account providers. Why is my business considered high-risk? 8. If you're a financial institution, the following types of merchants are considered high-risk: Credit cards. GBO offers assistance with finding and matching bank account for gambling business, payment processing solutions and merchant accounts specifically tailored for offshore gaming companies. We offer fair, transparent pricing for high-risk merchants, starting from 1. The main difference between online gambling and casino businesses and other businesses such as brick-and-mortar retail stores is how risky these businesses are to acquirers. 9754—Gambling-Horse, Dog Racing, State Lottery. A high-risk business is an operation that, for one or more reasons, is perceived by credit card processors or financial institutions to represent an elevated risk for chargebacks. There’s risk for a merchant account provider, like an issuing bank, due to the high amount of money that changes hands, a high chance of fraud in the industry, and handling the high frequency of transactions. With a primary emphasis on serving the Indian market, Cricpayz has been a cornerstone in providing seamless payment solutions for local systems such as IMPS, UPI, NEFT, and RTGS. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high risk. Understanding High-Risk Merchants. Our Custom Risk management solutions allow us to detect fraud at a very early stage, while applying a sophisticated risk assessment on all levels. High-Risk Merchants vs Low-Risk Merchants. $20,000 or more in monthly transactions. With this article we describe the transaction log file and provide two filtered subsets of the data. When you begin your payment processing with us,. The global gambling market is worth billions of dollars, and with the rise of online gambling, the industry has become even more vulnerable to. Supported integrations . We aimed to identify review-level evidence for interventions to address or prevent gambling. With specialization and years of experience in working with all types of high-risk merchants, we give you the best experience. Below is an inexhaustive list of each high-risk industry and its correlating merchant category code: High-Risk Industry (A-F) MCC. You should also explore a casino payment gateway. To discuss your payment management needs with one of our expert advisors. With 50+ online rummy merchants and 70+ fantasy sports merchants…. 95% for normal merchant accounts. Stripe. As a result, merchants can skyrocket their sales. We can assist with merchant accounts and payment gateways. ECS Payments can. The current situation puts online betting shops in a difficult position. Chargeback fraud: iGaming sites often act as e-wallets, where players can deposit funds using credit cards. As a high risk merchant account provider, oftentimes we receive inquiries from merchants who have been placed on MATCH, the Member Alert To Control High Risk Merchants file (also known as the Terminated Merchants File, or TMF). ResearchAndMarkets report. Dharma’s monthly fee is $20 per month. According to grandviewresearch, the online gambling market size was quoted at USD 57. 5 Financial. Description: Soar Payments offers credit card processing, eCheck, and ACH solutions to a wide range of merchants, but specializes in serving those considered to be high-risk or hard to place. Gspay. 8 minutes. Especially with online gambling, several little transactions are produced, and the corresponding banks frequently charge a significantly larger percentage fee. Ongoing support & risk management every day through Whatsapp, Telegram & Skype. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. But when it comes to high volume eCommerce websites, the risks up, and one can see that succeeding without careful financial management is a pipedream. In simple terms, high-risk businesses are merchants who are perceived to be at a greater risk of financial. Acquiring online gambling. SumUp, iZettle and Square prohibit lottery-, betting- and gambling-related sales, which could include bingo, Fantasy Football and casino services. This includes a failure to have a customer interaction policy in place until 2015, and no specific provision for VIP or high-value customers in place until 2017. Supported industries: Adult services, CBD, online dating, vape sales. We extend credit card processing and online payment services to Nashville businesses categorized as “high-risk merchants. Shakespeare was always using the word risk in his plays – true or false. The entertainment industry has experienced a high level of growth in recent years. Specialized industry focuses: High-risk payment gateways may specialize in providing specific businesses deemed high-risk, such as online gambling, adult entertainment, or medicines. If your online business serves global customers. Banks and aggregators simply prohibit accounts for some types of businesses (online gambling, drugs, pornography, and the like). High-risk merchant account parameters may differ by acquirer, but generally, high-risk merchants tend to process more than £/€20,000 in monthly volume, have an average card transaction value higher than £/€500, and a chargeback ratio higher than 0. PayKings is leading the industry of payment processing, especially for high risk merchants. Dharma’s monthly fee is $20 per month. Nor are the payment processors that serve them. 2. Online gambling; Jewellery; Legal services; If you’re a merchant operating in one of the above industries, chances are high you’ll need to secure the services of a merchant account that specialises in catering to risky businesses. Managing High-Risk Merchants. Lastly, it is important to recognize that creating a high-risk merchant account involves a lot more than just setting up a system. In the United Kingdom, it is roughly 3. Higher transaction fees: Transaction fees for high risk merchant accounts are not cheap. By addressing the unique challenges faced by high-risk merchants, Cricpayz has become a trusted partner, enabling businesses to transact securely and efficiently. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high-risk category. 10 Financial institutions in relationships with payment processors should establish clear lines of responsibility for controlling the associated risks. Venmo. eMerchant Broker: Best for High Approval Rate. G2 analysts have seen a recent increase in illegal gambling sites laundering their transactions through gadget sites—usually a simple site selling a few select items, often consumer electronics, power tools, or sporting goods. There’s no foreign exchange risk to the merchants as they are managed by the service providing company. Skip to content. e-merchants and payment facilitators which provide a good degree of anonymity c. Recognition is growing that gambling, although highly profitable for corporations and governments, is a source of serious and unevenly distributed harm. Less than $20,000 in monthly sales. For merchant acquirers looking to manage and grow their high-risk business, online gambling merchants are a growing target market. Games of chance and games of skill - Includes any activity with an entry fee and a prize, regardless of whether the outcome is determined by chance or. ISO High Risk (ISO –HR) Contracts with an acquirer to provide merchant solicitation, sales, customer service, merchant transaction solicitation and/or customer training to "high– brand risk merchants". Gambling disorder tends to run in families, which suggests a genetic link. This pricing is very good in the high-risk. For the approval of a high-risk. What we need to do is look at ways to manage this risk rather than remove it entirely. They will help you prepare your application, explain the documentation needed, guide you through the approval process, and answer any questions you may have. Let’s start by busting some myths and revealing common pitfalls with business risk management. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. They look at many factors, including the ticket size of a typical sales transaction. At SeamlessChex, we provide solutions that help your business get back on track. National Processing. The main reasons you may be given a high risk merchant account are: History of chargebacks: This is when the issuing bank initiates the return of funds to the cardholder based on their complaint/dispute. Finance and Accounting Simplify accounting and reporting. High Risk Pay has got you covered. ) are the entities that determine whether or not a merchant is high-risk. Lottery, betting and gambling. These businesses often operate in industries associated with high chargeback rates, potential fraud, and legal or regulatory issues. High-Risk Business. 5% for high-risk merchants. Its dedicated gambling team will work with you to help increase player conversion rates, while tailoring a risk screening process to the unique needs of your business . . Grandview Research projects that the Online gambling market will grow at a CAGR of 11. High-risk merchant accounts may provide access to advanced fraud prevention and risk management tools to help mitigate potential fraudulent activities and reduce chargeback rates. Membership or subscription-based. : Best for low. High-integrity Risk Financial Trading Platforms (card-absent) MCC 5966. Merchant account for gambling will: Take at least 4/6 weeks to approve. As a high-risk merchant, having a backup merchant account will allow you to avoid bottlenecks and potential business closure should Stripe freeze your account. A high-risk merchant account is allocated if it is believed the business is at a higher risk of fraud and chargebacks. The purpose of this paper is to examine crisis management practices among gambling-related hospitality business stakeholders (GBSs) during the coronavirus disease 2019 (COVID-19) pandemic. With the High Brand Risk Chargeback Monitoring Program, there are not a. Offshore High Risk Merchant Account Providers. Termination fees for high-risk merchant accounts can be expensive, so check your contract and see if there is a fee. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. how businesses have managed customers’ accounts. We run through the major UK high street banks and outline what services they provide to their at-risk customers. Payment Gateways: Secure Solutions for Your Business. The two most common ways to pay for ending merchant accounts are a flat fee or liquidated damages. Located in California, PaymentCloud is a company starting its business since 2010 designed Authorize. Section, Division of Risk Management Supervision, to Managing Editor, Supervisory Insights, Division of Risk Management Supervision (Mar. This pricing is very good in the high-risk. This is a mistake.