Why is it difficult to get an adult merchant account?

It’s no wonder the adult industry is successful running in market. Even though it’s tough to fix a number to the volume of the industry actuality because numbers of adult merchants have their private or remote businesses; it’s estimated to be more then hundred billion dollar industry worldwide with minimum.

Whereas in only United State it twelve billion. This industry is considered the major industry in the world generating annual income more than entire Hollywood industry or more than various the proficient sports groups and additional publicly running companies. So this is the fact that it controls the World Wide Web where the fact is that every seventh out of tenth websites comprise adult-related content. Which proof that faultless logic in view of that the term “PORN”, “SEX” etc is most searched word in web world.
If you will do a simple search on the figures contiguous the adult industry you will get amazing facts relating to what a huge number of users, and also the kinds of users, and the extremely whereas all ages group is connected with experience and practice. It’s can’t be categorize simply, everybody is exploring it but nobody is taking about it.

This generates an exciting condition for adult industry vendors because they are selling products to this group of people and the flora of the adult industry makes it tough for adult merchants while taking an adult merchant account and Payment Gateway. As adult merchants industries are comes under high risk merchants for this merchants need only a high risk merchant account. So there is difference while taking a merchant account for other traditional industry and adult merchant account such as school college restaurant.

Why this business can take only high risk merchant account?

There are various reasons makes adult merchants are under the special attention of banks as well as merchant service providers that require a high risk merchant account are because:

• The goods or services sold are sternly only for adults.
• The products or services sold need age confirmation.
• These industries are a higher risk for fraud and chargeback typically because in this identity stealing or customers refuse actually purchase to dodge being caught.
• Some of these industries are issue to guideline or certain method of government omission.

Mostly, practically all adult merchants are marked as high risk merchants. Because the nature of ry. mostly all merchant service providers are danger confrontational which means they want to abstain from patient adult merchant industry. Since their term with bankers and business groups naturally confine products or services. Offer sexually related products, services, processing solutions.

Contact ePay Global now to learn more about the options adult merchants have and get the adult merchant account and payment gateway application process started.
We accept a wide variety of adult merchants, some of which are listed below. If you don’t see your business on this list it doesn’t mean we don’t accept you.

• Adult Membership Clubs
• Adult Membership Websites
• Adult Toys
• Adult Video’s
• Bath Houses
• Companionship Services
• Dating Sites
• Digital Downloads
• Independent Massage Therapist
• Lingerie
• Live Entertainment
• Lubricants
• Massage Parlors
• Penis Enlargement Products
• Phone Sex
• Sex Toys
• Sexual Enhancement Products
• Sexual Enhancement Supplements
• Strip Clubs
• Swinger Clubs
• Vibrators
• Web Cams

What is High Risk Payment Gateway?

Why some online businesses are considered as “HIGH RISK BUSINESS” and gateway for this type of business is consider as high risk payment gateway, to understand this we need to take a glance look.

Payment processing card associations describe certain business running online as high risk industries. Actually There are various dynamics by which your business consider into high-risk type, One of key causes is refer to  ratio of matters such as merchants’ (both actual and expected) number of chargebacks, produce refund or your payment dispensation history. Taking all the point in concern not all the payment service providers accept for high-risk clients.

Now time to decide what kind of verticals come under this category. Take a glance for that kind of industry.

• Gaming
• Online Dating
• Traveling
• Adult entertainment
• Telemarketing
• Advance Booking
• Gambling
• Pharmacy
• Prepaid phone Card
• E-Cigarettes
• Nutraceuticals
• Credit Repair
• Money Transfer

What is high risk payment processing?

You have a merchant account in an acquiring bank earlier to take a payment through online. You can divide Merchant accounts into two main categories:

1. Low Risk
2. High Risk.

When you are running low risk business, Most of the bank will certainly give their consent to you for the services. But if you are running high risk business the situation will not become same.

Businesses considered as high-risk are connected to more unusual processing settlements and various payment service providers don’t to ready to process their online payments.

Business models from the high-risk classification are vulnerable with higher rate of chargebacks prospect, which also front runners to higher processing fees, strictly linked to the risk issue this kind of models, represent.

High-risk business is predictable to compensate to chargeback .for this payment processors apply rolling reserve in the merchant account and this is very common practice for them. Which can potentially be used by the acquiring bank to offset these chargebacks? Reserve puts extra cover of protection for the bank against some unexpected behaviors from the merchant’s side.

If you run a high-risk business, for this problem there is the best solution to establish a relationship with online payment gateway provider that specialize to deal  in such types of occupational. Then the provider themselves will guide you to proper track suspicions transactions, recognize possible terrorisations and control the charge backs handling of your business risk on day to day basis. With all the proficiency and prevailing tools these High Risk Payment Gateways are focused towards this kind of  business models and serve strong profits for online shops in the form of a strong account and permanence of the your business.

Best Offshore Merchant Account Providers

There are two main inspirations for selecting an offshore merchant account relatively one built in the UK. Mainly, the process of getting merchant account is easier compare to one UK based company. This put on to businesses and start-ups involved in high-risk industries such as Tech support, Online gaming related website, online dating websites, adult website, membership subscription services and trades in which mode of payments are taken in advance for  delivery the services. Owners of the Business with very poor credit accounts can frequently bargain that they can get an offshore merchant account where as it become tough to do same in the UK.

Another cause is to get the benefit of the lower taxation which is existing in some definite offshore jurisdictions. This put on mostly to companies working in larger scale who want to decrease company’s tax expenditure.

To know in depth about the versatility offshore merchant account read continuously.
There are numerous shortcomings while selecting or deciding an offshore merchant account:

Cost Effective

They are nearly deprived of omission more costly through out, where as particular high-risk offshore merchant accounts may be inexpensive than UK counterparts.

Status

Business which used to offshore merchant account dealers have probabilities of damaging their reputation by which they may approach the consideration of any UK tax authorities for same.

Permissible issues

At the time of any dispute with company or customer solve it with overseas legal issues become challenging and costly.

Now you are able to compare the Offshore Merchant account provider

While you are going for an offshore merchant account, it is vital to study and investigate mass service providers carefully so that you can reduce your co. coverage to danger. Also confirm that you are able recognize minutely while signing up for that, so don’t overlook the minor pattern. Though; various dealers effectively run offshore merchant accounts, including various big brands.

Suitable Highrisk Payment Gateway for Tech Support

Basically in this business Merchants serve online technical support (pc support) to customers and corporate, are come under to be high risk merchants business category just because this kind is business is highly prone to fraud and chargeback risk.

Since in this system computer and laptop are repaired on remote access so chances of unsatisfied customer become increased because the issue might not be solved  properly or customer not being satisfied.
Merchants who needs  for a merchant account  for pc support can use our comparison service to see which credit card processor is willing to take them on board.

While Choosing best gateway for highrisk business various consideration should be keep in mind. For this first of all we need to understand the what is the different needs of tech support industry which process remotely and deliver distinctive services very different to other industry  serve that industry. ePay Global designed the best rate “tech support credit card processing service”. It’s specially created  to provide business owners services , and those who  run tech support as a solitary place to find all the related material they require  a high risk merchant account for tech support, by which mean they  will be successful for the long lasting while accepting debit and credit card payments.

While choosing gateway some criteria should be keep in mind , So let’s check whether high risk payment gateway provider company fulfil that criteria or not.

Our Online Payment Gateway dedicated for Tech Support need some necessary feature which should be consider while taking the gateway .

• All kind of payment through MASTER/VISA/MAESTRO/AMEX/DISCOVER.
• Payment disbursement (2-5 Days).
• Payout (75-85) %
• No holdback.
• Gateway is Genuine 100%.
• No hidden charge Policies.
• Very fast Integrations system (2hrs-5hrs).
• All type currencies are acceptable.

While choosing a payment gateway company have to fulfil following criteria which you need to check.

• The gateway company must be Pvt. Ltd..
• The company has their own running website.
• The process is not making any fraud call (like:-using the name of big brand for your shell.
• Company should have policy to  taking a satisfaction mail and authorization mail from the customer after sales.
• After selling service this is mandatory for company whenever required.
• You have a current account of company in any authorized Indian Bank.