Hi,
Not trying to bring bad news news to the board but the fact is that Ibill (who processes through card services international) is in the process of trying to unload their entire adult processing portfolio.
If you called csi TODAY and asked about setting up a new high risk account they would tell you no.
Ibills top 50 accounts accounts for $68mil/mo in transactions and those accounts are already progressing to the last bank, yes the last bank in the world right now that will process adult transactions.
Do not be fooled about so-called european accounts (gibraltor, etc.) Those accounts actually process in Israel and I was told today that Israel in fact is also no longer accepting such transactions.
Deutshe Bank is also no longer accepting such accounts.
Most companies that offer merchant accounts are in fact re-selling a portfolio given to them by the actual bank and many are actually referring merchants to these companies re-selling. This is why merchants end up paying a high % in transaction fees.
There are very few (1 company to the very best of my knowledge) That deal directly with the only only bank left that will accept new adult accounts.
If you process over 100k a month at a bare minimum and would like more information on this topic please email me at [email protected]
I will forward your contact info to the appopriate party so you can do your own due dilligence on the matter.
Not trying to bring bad news news to the board but the fact is that Ibill (who processes through card services international) is in the process of trying to unload their entire adult processing portfolio.
If you called csi TODAY and asked about setting up a new high risk account they would tell you no.
Ibills top 50 accounts accounts for $68mil/mo in transactions and those accounts are already progressing to the last bank, yes the last bank in the world right now that will process adult transactions.
Do not be fooled about so-called european accounts (gibraltor, etc.) Those accounts actually process in Israel and I was told today that Israel in fact is also no longer accepting such transactions.
Deutshe Bank is also no longer accepting such accounts.
Most companies that offer merchant accounts are in fact re-selling a portfolio given to them by the actual bank and many are actually referring merchants to these companies re-selling. This is why merchants end up paying a high % in transaction fees.
There are very few (1 company to the very best of my knowledge) That deal directly with the only only bank left that will accept new adult accounts.
If you process over 100k a month at a bare minimum and would like more information on this topic please email me at [email protected]
I will forward your contact info to the appopriate party so you can do your own due dilligence on the matter.
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