How to Get Approved for an Adult Merchant Account 

Adult merchant accounts differ considerably from merchant accounts required by other types of businesses. As with any type of business, adult merchants have unique needs for how they are able to receive credit card and check payments online. The nature of the adult industry means that there may be a higher risk of chargebacks and other fraudulent activity for transaction processors, which means that many account providers do not offer merchant accounts for adult merchants. There are, however, many more transaction processors available to these merchants than there used to be, thanks in large part to the rise of offshore merchant accounts.

How can an adult merchant find an appropriate transaction processor?

The best way for this type of merchant to find a high risk transaction processor is to perform extensive web research. Contact both domestic and offshore merchant account providers and speak in depth with them about the services and account types they offer. Look for a transaction processing company that is respected for its customer services, as well as one that offers most of the following:
 

·         Reasonable per-transaction fees. While it is logical for these processors to require higher per-transaction fees for high risk merchants, it is unacceptable for them to charge exorbitant fees. Do some comparison shopping, and remember that your pool for available merchant accounts literally expands the globe with the conveniences of internet communication.

·         Ability to perform both monthly membership and one-time purchase transactions. Most merchants in the adult industry offer products on both an on-going, monthly basis and as a one-time purchase, which is often called a one-off purchase. A high risk transaction processor will need to be able to adapt to both of these types of payments, very often for a single customer.

·         Secure transaction processing. Because many customers who use the products and services provided by adult merchants would prefer to keep their transactions private, the security of every transaction is of utmost importance. Your offshore merchant account provider should assure you that every purchase will be secure, and that your clients’ information will never be shared with a third party.

·         Low tax rates. Adult merchants often find that the best tax rates are found using offshore accounts, because many companies offer much lower tax rates than that which is found domestically. This means that more of the revenue that they make is able to be kept as profit, rather than lost as taxes owed.

How can an adult merchant gain approval for a merchant account?

As with any type of business, adult merchants need to be able to demonstrate to their potential high risk merchant account provider that their business operates using ethical, efficient business practices. Most transaction providers, both for domestic and offshore merchant accounts, will want to see a positive credit history that chronicles a low rate of chargebacks. Finally, it is important to speak in depth about your current and future planned security and fraud prevention measures. Although account providers that deal with the adult industry understand the risks that come with this type of business, they are nevertheless more apt to offer a merchant account to a business that is working diligently to reduce these risks.

High Risk Processor specializes in High Risk Merchant Accounts, High Volume Merchants and Offshore Merchant Accounts. High Risk Merchant Accounts include such industries as mail and telephone orders, adult entertainment industry businesses, direct marketing industry, dating agencies, online dating and escort services, outcall services, travel, telecom, timeshares industry, herbal and vitamin supplements, diet supplement companies, subscription and membership services, ticket sales, MLM merchants, multi-level marketing merchants, bail bonds, pawn and gun shops, water filtration system companies, collection agencies, auto rental companies, rare coin and other collectible shops, computers, custom jewelry and other design products, software sales and service businesses, detective services, door to door sales, massage parlors, hair restoration services and cosmetic surgery, high-end ticket sales, high volume and multilevel marketing merchant accounts, home based and telecommuting businesses, fortune tellers, infomercial merchant accounts, insurance and investment products, MLM companies, phone sales, internet businesses, seminars, educational institutions, sports collectibles, used auto sales, water purifier sales, weight loss centers, vitamin and herbal supplement companies, international merchants, companies facing high chargebacks, and more.