Adult Merchant Account

Posted by highrisk on February 20th, 2021

The adult merchant account allows business to accept payments in multiple ways. The merchant agreement directly enters into merchant agreement with acquiring bank or through the aggregator. The agreement contractually binds the merchants to obey the operating regulations by card associations. The regular strategies with the payment incorporate check and cash request and also handle payments. The absolute necessity leads to accomplish with significant things like promoting the services.

Adult merchant account drives business better:

The adult merchant account maintains the adult business without any problem. The specialized turn of developments with high-risk industry leads to sales of adult toys and products. The reliable merchant account helps with adult payment processor for the ecommerce business. The online adult entertainment leads to successful payment processing with adult merchant account. The more and more companies are turning towards high-risk merchant account because of the nature of business.

Accept payments with adult toys, entertainment or novelties:

The payment processors whether in the adult industry or the banking partners leads to fast approval. The fraud, chargebacks and any problem get removed with adult payment processing. High risk gateways are known with business to run in an awesome way offering trusted transactions. The adult merchant account solution for the business is diverse. International banks working with adult merchant account leads to decrease any deception or chargebacks. Adult content merchant leads to higher risk with characteristics of high-risk business or the payment processing history.

Here are some concerns related to high-risk business:

• Reputational concerns: The certain business works with acquiring banks about the involvements. The adult content along with gambling, online dating or marijuana related products with others.

• Age and legal issues: The vital notes lead to work with instance of site visitors under age 18. The risk of content involves minors and results in substantial legal ramifications.

• Subscription based services: The subscription-based businesses are known to subject with high chargeback rates.

• High volume of transactions: The high volume returns also means with removal of chargebacks at end of each month.

The high-risk merchant account works for both domestic and offshore acquiring banking partners. The adult content merchant account works as application package and documents as acquiring banking partners.  

The payment processors work against the industry or the adult merchant accounts as comprehensive business with some of the niche products and services:

• Pornography

• Adult toys and novelties

• Escort and dating services

• Adult massage

• Adult bookstores

• Strip clubs

• Adult content websites

• Live video streaming services

• Gentleman’s services

• Online Lingerie and Adult-oriented Clothing

The decline of adult video studios with porn as fastest growing industry with following factors:

• Convenience of tube sites or adult content and membership websites.

• Invention of new technologies as virtual reality (VR) that accelerate growth.

• The enormous amount with niche markets makes easy for new porn merchants.

• Increased social acceptance with public interest in sexual health is the main factor.

The successful way to dispute legitimate payments:

• Clear and descriptive billing: The customers recognize charges with business that includes business name, phone number and the transaction date. The adult merchant service provider informs the customers with confirmation e-mails.

• Send e-mail receipts: Sending of email receipts with customers for every transaction along with recognizing charges. It leads to legitimate change with event leading to dispute.

• Require signatures on delivery: The intimacy of products with adult paraphernalia online. It requires customers with sign on delivery. The much more difficult with customers that dispute charges for the products which signs or receive it.

Adult entertainment: A growing industry

The adult entertainment industry maybe controversial but it has become a necessity. The adult entertainment industry has become a phenomena with much of the products getting attached with it. The traditional mindset has changed and more of the professional approach is getting adapted. The adult entertainment is a growing industry. The growing interest with improvements in adult entertainment websites see rapid growth. The industry is booming and it does not seem to come to an end. The online entertainment company as efficiently managed websites are getting with needs of the business that leads to meet the business demand. The services lead to different mode of service with safe and secure networks.  Although, the business needs to qualify for the merchant account.

Qualifying measures for adult merchant accounts:

• Provide subscription-based service

• Requiring clients to pay-per-minute

• It works well with start-ups

• Much of regulations and restrictions associated with adult industry

• Processing with large volume of transactions

The merchant accounts are unique but render some fees which are as follows:

• Merchant discount rate

• Transaction fees

• Monthly statement fees

• Monthly gateway fees

• Four and half Six-month rolling reserve

• Charge back fee

• Refund fee

The adult entertainment industry has become a multi-billion dollar industry and it is appreciated well by the clients as well as merchants. It is good that it has made a mark across all countries and continents getting adaptability and earning accolades.