Why Adult Entertainment Merchants Are Considered High Risk
Card Not Present, Subscriptions, High Volume all risk factors
Adult entertainment merchants supply their customers with a variety of goods and services, such as streaming videos, photographs, escort services, and novelties. Although merchants in the adult entertainment industry run lucrative businesses and abide by the strict rules and regulations, many banks still deny their applications for merchant accounts.
Challenges for Adult Entertainment Merchants
Banks consider all businesses that process card-not-present transactions high risk. When cardholders aren’t present to sign for their purchases, merchants have a harder time verifying customers are who they claim to be. But there are other reasons why banks may label adult service providers high risk, including:
- Offering subscription based services or require customers to pay per minute
- Processing a large volume of transactions
- Having little or no credit card processing history (especially for start-ups)
- Banks may deny adult service providers for merchant accounts because of the strict regulations and legal restrictions associated with the industry
- Due to the nature of adult websites, banks may not want to process payments for a business that deals with controversial content
Finding Solutions for Adult Merchants
We understand that every e-commerce merchant deserve the chance to process payments online. That’s why we offer adult merchant accounts to legal and legitimate adult service providers. Our offshore banking partners have fewer trading restrictions, making it easier for high risk merchants to get merchant accounts and find the perfect online payment processing solution.
Adult entertainment merchants using Instabill’s payment processing services will benefit from:
- Free merchant account application
- Competitive merchant service fees
- A dedicated merchant account specialist for the life of their account
- Processing major credit card names, including Visa and MasterCard
- Connecting with the payment gateway of the acquiring banking partner with which Instabill matches your business
- Payment processing in more than 160 different currencies
- Merchant account fraud prevention services
- Customer support and technical support with real, smart people
How Do I Apply for an Instabill Adult Merchant Account?
The application process is simple. You can sign up online or contact us for an application. Once we receive your completed application, we’ll match you with one of our acquiring banks and get a response within three business days. After you sign the banking contract and agree to their terms and conditions, you can start your payment processing online within 24-48 hours.
With Instabill, adult entertainment merchants can find the processing opportunities they need to run their business. For more information about our merchant accounts, call us toll-free at 1-800-318-2713.