Things You Need To Know About Adult Merchant Processing
Adult entertainment services are one of the most demanding and booming services with steady growth. But it should not be ignored that the merchants working these industries are under a lot of pressure. It can be because of not getting a merchant account or payment processing solution. Don’t worry! Quadrapay has now made things easier for you. Now you can quickly get an adult merchant processing account for your business.
Why Did Adult Merchant Processing Consider As High-Risk Processing?
According to a report by NBCNews, it stated that the online adult entertainment market might gain more than 95 billion dollars revenue by the end of this year. Day by day, a lot of customers are approaching to take these online services. In respect to these demands, still, these services are considered as a high-risk industry. There can be several reasons behind this. It can be a high chargeback issue, highly controversial content, international services, and a lot more. A merchant has to face a lot of difficulties to get an adult merchant account solution to fulfil the adult merchant processing. A merchant needs to get in touch with an adult payment processor if they operate with any of the following businesses:
- Online Dating Services
- Gentleman’s Club
- Adult Novelties
- Selling Adult-oriented Clothes
- Adult Entertainment Services
- Online Escorts Services
- Adult Book Store
Benefits Of Adult Merchant Processing With Quadrapay
Quadrapay is operating with a team of experts in the industry of merchant account services and adult merchant processing solutions. With the help of adult merchant processing, you can easily accept debit cards, high-risk credit card processing for your business. Some of the primary benefits we offer are:
- Low Rates: We provide all our processing solutions, including adult merchant processing at a very affordable price. This allows you to attract more profits without compromising on processing expenses.
- Fast Credit Card Processing: We always make sure to get your credit card processing done at the most rapid rate
- Chargeback Prevention: When a customer files a dispute on order and a refund is done, a chargeback is initiated. If these chargebacks surpass the threshold limit, you may suffer a lot of problems. We at Quadrapay knows how bad it can be, and that’s why provide our merchant account holders with a chargeback alerts facility. This allows you to have a pleasant experience while trading online.
- Highly Secured Payment Gateway: Payment gateway is one of the essential modules for every online eCommerce website. A payment gateway handles all the sensitive debit cards or credit cards information. That’s a merchant should opt for a reputed gateway. But you don’t have to worry now. Quadrapay provides a payment gateway solution under the rules and regulations of the Payment card industry and data security standard. This PCI DSS compliance ensures fraud protection and all your customer’s credit card details are always protected.
What Are The Requirements To Get Adult Merchant Processing Solution?
Now you can quickly get an adult business merchant account. A merchant needs to fill the merchant application form with all the necessary information. After filling, you need to submit the form along with all the documents required to complete the verification procedure.
Some of the documents are:
- Merchant application form
- Void check
- Bank statements up to the last six months
- If applicable, processing statements up to the last six months.
- Social Security Number (SSN) or Tax Identification Number (TIN)
After successfully submitting all the documents, your application will be verified and may get approved within 24 to 48 hours.
If you still have any query, you can reach us at [email protected].