PayKings Blog

Exploring Alternatives to OnlyFans Payment Processor with PayKings

Exploring Alternatives to OnlyFans Payment Processor with PayKings

February 18, 2024

In the world of digital content creation, OnlyFans has carved out a significant niche, enabling creators to monetize their content directly through fan subscriptions. A pivotal aspect of this monetization journey hinges on the platform’s payment processing capabilities. The question, “What payment processor does OnlyFans use?” is more than just curiosity—it’s a crucial consideration for… Read More

When Your Vape / eCig Business Needs Payment Processing Solutions

When Your Vape / eCig Business Needs Payment Processing Solutions

September 11, 2023

If you’ve read the news lately, you have noticed the growing number of vape, electronic cigarettes, and smoke shops opening. So you won’t be surprised to hear that the demand for vape merchant accounts is on the rise. In fact, researchers estimate the vape industry will be worth over $8.26 billion by 2025. With this… Read More

What is a Credit Card Payment Processor?

What is a Credit Card Payment Processor?

September 7, 2023

A credit card payment processor is a tool used by merchants to process transactions. The payment processor provides a way to accept credit card payments and transmit banking information securely. Credit card payment processors can specialize in high risk industries or be traditional mainstream processors. High risk credit card processing makes accepting payments easy. Ecommerce… Read More

What Is An Online Merchant?

What Is An Online Merchant?

September 3, 2023

An online merchant is a business that sells goods and processes payments over the Internet. This ecommerce store transacts through a virtual terminal and payment gateway. These merchants are similar to physical store merchants except that the point-of-sale and all business is conducted online. What Does An Online Merchant Do? The role of an online… Read More

Everything You Need To Know About Chargebacks

Everything You Need To Know About Chargebacks

September 3, 2023

What’s a Chargeback? A chargeback is the effect of a dispute of a charge by the credit cardholder. If the card issuing bank takes the dispute, it will instantly refund the charge to the cardholder. They will then file the chargeback via the acquiring system who will draft the refund from your checking accounts and… Read More

What You Should Know About Paypal Fees

What You Should Know About Paypal Fees

August 30, 2023

If you are considering choosing Paypal as your payment processor, you should understand what Paypal fees you may be charged. The bottom line: every transaction is not created equal. Here is a breakdown of the most common Paypal fees that businesses end up having to pay so you can make an informed choice on what… Read More

How to get a Merchant Account for an Online Dating Site

How to get a Merchant Account for an Online Dating Site

August 30, 2023

In 2019 the online dating industry yielded over $2 billion dollars. There is clearly a market for this type of business, money to be made from mainstream and niche dating services alike. So how do you get your online dating business set up for payment processing that is reliable and secure so that your customer… Read More

What’s Considered A High Risk Business?

What’s Considered A High Risk Business?

August 26, 2023

A business is considered high risk if the company functions in an industry banks categorize as high risk. These high-risk businesses may operate in unique verticals like CBD or have payment models like subscription billing which can lead to higher chargeback rates. List of High Risk Factors So what exactly qualifies a business as high… Read More

Continuity Subscription Merchants

Continuity Subscription Merchants

August 18, 2023

Continuity subscription merchants are realizing the importance of ongoing revenue to grow their business. This billing model allows companies to have a secure and consistent customer base that they can count on.  However, there are challenges when it comes to passively processing financial transactions like this. For instance, subscription merchants or a recurring payments structure… Read More

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