Perhaps one of the biggest difficulties of being a merchant in the adult industry is trying to accept customer’s payment online. It’s not that your customers don’t want to pay you, it’s that the number of financial institutions willing to provide you with the capabilities to accept credit cards and most of those has extremely high rates which means your profit is diminished greatly.
Merchant Account- A Quick Definition
Adult merchant account solutions are required in order for someone to accept credit cards, be it online or offline business. It is a special bank account designed solely for adult businesses' purposes.
So what is the problem with high-risk merchant accounts for adult websites?
The adult industry carries with it a track record of high risk in terms of chargebacks, too many chargebacks and it’s not at all good for both the merchant and the accounts provider. As a result, most providers are not prepared to take on the extra risk that high-risk merchant account entails. Those providers that do not accept adult merchants compensate for the risk by charging a higher rate. For More Information: https://www.highriskholdings.com/
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