Cardservices not taking "high risk" anymore?
 

Well, we sent in all our paperwork to Netbilling and the 2k setup fee but have been informend that as of this week Card Services Int. Is not longer accepting applications form "High Risk" accounts, meaning any adult website processing.

Netbilling said that they are searching for a new solution.

Other options?

BeaverPay

:1orglaugh

You may have to settle with third party while they search for a suitable replacement. It could be awhile.

We have been using Ibill and CCbill since we started, was kind of shocked to hear about this. I would think this has some other implications to a lot of people.

Hi,

Cardservices is having a portfolio review and has put a hold on pending 5967 apps as of now but are processing current accounts with no problem. We are working on another solutikon and hopr to have it in place next week. We will inform all pending apps once we do. For larger merchants, we are able to place them at another domestic bank now but they must be established 2 years and over 100k per month. We can still setup mainstream and adult products easily as well and offshore merchants.

Thank you, Mitch Farber

Whoops - sorry about the typos. My fingers freaked out and I did not catch it in time.

Mitch

ahha charge.com would have gotten you a cardservices merchant account for no setup fee.

Netbilling does not charge a setup fee, Cardservice does which includes the Visa/Mastercard high risk registration fees.

Mitch

At this point I wouldnt even bother processing in the US.