But the good news is that there are many processing companies willing to serve adult-oriented businesses. You can accept cards online using a gateway and, optionally, a shopping cartin person, or over the phone using a virtual terminal. Just like other types of processing, high risk credit card processing fees are comprised of several components: interchangeassessmentsand processor markup.
Adult merchants are considered high risk by banks and processors. The primary reason for a high risk classification is concerns over chargebacks and fraudulent transactions. Companies processing high volumes of transactions frequently establish multiple adult credit card processing accounts to mitigate the inherent risks of depending upon a single acquiring bank.
CDKPay can help you with adult payment processing solutions that are reliable and affordable. If your business is in the adult segment, you are probably aware of two important but conflicting trends. First, you are in a profitable industry.
Zombaio's IPSP card processing is quick, reliable and secure. Thanks to our affiliation with TNS, we can simply add national cards for individual customers. Our infrastructure provides core technology that allows adult entertainment companies to function smoothly and reliably on internet, every day. We provide modern, reliable and scalable billing technology and solutions for the AE Era, we call this; A new generation of billing technology for the adult entertainment industry.
While the adult entertainment industry may be controversial, but it is not illegal to operate businesses that sell adult products or services. Unfortunately, many banks treat adult businesses like are breaking the law. Due to excessive chargebacks, a large volume of card-not-present transactions, the potential that these businesses are fronts for illegal activities, traditional financial institutions classify these businesses as high risk and refuse to approve them for merchant accounts, which allow them to process credit cards.
MagicPay specializes in boarding merchants worldwide from almost any country and although we believe that adult entertainment industry merchants deserve the right to process credit card payments, at the moment we are unable to work with businesses from countries in the midst of war or unrest. The pricing varies between individual merchants as the risk involved with each is different. We guarantee that the application will be free and that we will try to find the cheapest and most reliable bank that will work with you for your merchant account with us.
We offer unbeatable pricing and rates for a wide variety of payment processing and acceptance services. We employ the latest technology in credit transaction processing equipment to handle all your credit card, debit card, EBT, gift card, ATM and check acceptance business. Call us at or apply online and start processing today.
The adult sector is a lucrative industry for online merchants. Following this high-risk industry are high chargeback and dispute rates. At eMerchantBroker.
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For business owners in the adult industry merchant accounts are notoriously difficult to get approved and maintain let alone be happy with! Why is it so hard to establish a dependable adult merchant account? How do you find a good one? When it comes to credit card processing for the adult industry many acquiring banks have adult entertainment on their prohibited merchant list.