GoFuckYourself.com - Adult Webmaster Forum - View Single Post - merchant acct vs. sponsored merchant accts

Kimmykim · 03-21-2004, 03:19 PM

Getting a merchant account for adult is not impossible, and it's not that cheap in the long run either. Shitty credit, good credit, it really doesn't matter, if you are willing to pay what they want, you can get a bank to issue it.

The first problem that most people have is understanding cross border acquisition issues -- you must settle in the region your business is located in, and if it is the US region you must have a physical presence as well as a corporation.

Many companies do not issue merchant accounts for lower volume, ie less than 50-100,000 per month in transactions billed.

Then you will also need fraud control and customer service, along with gateway billing services to actually authorize and settle your transactions.

Last but not least, with a merchant account, even more so than a sponsored merchant account through an IPSP, you run the risk of never being able to process cards again for anything -- not just adult -- if you are terminated due to excessive chargebacks or fraud.

03-21-2004, 03:19 PM
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Getting a merchant account for adult is not impossible, and it's not that cheap in the long run either. Shitty credit, good credit, it really doesn't matter, if you are willing to pay what they want, you can get a bank to issue it. The first problem that most people have is understanding cross border acquisition issues -- you must settle in the region your business is located in, and if it is the US region you must have a physical presence as well as a corporation. Many companies do not issue merchant accounts for lower volume, ie less than 50-100,000 per month in transactions billed. Then you will also need fraud control and customer service, along with gateway billing services to actually authorize and settle your transactions. Last but not least, with a merchant account, even more so than a sponsored merchant account through an IPSP, you run the risk of never being able to process cards again for anything -- not just adult -- if you are terminated due to excessive chargebacks or fraud.