Get Credit Card Processing For Your Online Adult Merchant Account

June 10, 2019 | High Risk Merchant Account | PayKings

Adult merchant account services enable companies to accept debit and credit card payments online. That said, without an adult merchant account, your eCommerce business will not have access to payment processing or be able to transfer funds from the card issuing bank to your own company bank accounts. Adult merchant account services include payment processing for various types of companies, such as MOTO (mail order/telephone order), retail, Internet, and high risk.

Online adult entertainment and adult novelty retailers are categorized as high risk. Because of this, these business owners have to fight to get approved for an adult merchant account. It’s very difficult for these companies to successfully obtain payment processing through an adult merchant account to better utilize and supply their businesses to accept debit and credit cards.

What is a High Risk Merchant Account?

More and more companies are turning away from traditional banking options and payment processors and seeking out high risk merchant accounts (or in this case, an adult merchant account) because of the nature of their businesses.

What is a high risk merchant account? Below you can find the reasons an adult merchant account could be classified as high risk:
1. Your personal credit or company financials aren’t able to encourage the sales volume you’re applying for.
2. Higher chargeback liability using the given services or products.
3. If the target business operates in an industry with a history of high chargebacks.
4. The adult merchant account features a “reputational” risk like that of the adult entertainment industry

All the mentioned reasons make trying to get approved for an adult merchant account, a venture that includes many challenges. Luckily, there are reputable high risk merchant account payment processors, like PayKings, that may open a cheap and reliable high risk merchant accounts readily, such as an adult merchant account.

PayKings can get you an adult merchant account for your adult entertainment, adult novelties, adult toys, and adult content websites business. Through fully understanding the industry, we have since established 24+ acquiring banking relationships to become experts in getting adult merchant accounts accepting online payments.

We want your business to prosper and succeed for the long term – luckily, we have the means and the know-how to make that happen. Click here to get started.

June 10, 2019 | High Risk Merchant Account | PayKings