I know this may not be news to anyone here, but Humboldt Merchant Services still processes adult transactions. As Visa continues to regulate this industry they have put specific restrictions on the amount of adult transaction we can process. We were recently in excess of our allowable volume, but are looking at April or May to open up an additioal $5,000,000 in adult processing room in our portfolio.
If you are interested in obtaining your own direct merchant account with a bank/processor who is committed to be in the adult for many years to come, read on. I am currently talking to several merchants to be sure they are on the top of the list when this does open up. Below is the requirements and pricing needed in order to obtain your own account:
-2 years in business
-currently processing $100K a month or more (this can be 3rd party, off shore, etc)
-current ChargeBacks under 1%
-US based only
PRICING
Non Qualified rate 4.75%
Transaction fee $0.35 (including AVS)
Monthly Statement fee $10.00
High Risk registration / activation fee totals: $2790
We work with a large number of gateways who specialize in adult transactions.
If you would like additional info or would like to be place on a notification list of folks I will keep informed when this does open up please email me.
I know several GFYers who currently use us and who can attest to the fact that we have positioned ourselves to be in the adult procesin gbusiness for many years.
Steve Kimberling, AVP
Humboldt Merchant Services
[email protected]