Credit Card Processing for Psychic Readers
What Is a Psychic’s Merchant Account?
A psychic merchant account is a specialized payment processing solution designed for professionals operating in the psychic reading industry. Whether you offer online psychic consultancy or you are a numerology coach, this dedicated merchant account will work for you. With the OmniChannel psychic merchant account, you will be able to accept credit and debit card payments over the internet, on the phone, and also at your retail location.
At QuadraPay, we have been connecting spiritual healers and psychics with highly stable payment processors. We are confident that we will be able to get you approved for a psychic merchant account without any hassle.
Why Psychic Businesses Face Trouble with Traditional Payment Processors
Most of the mainstream banks and payment service providers classify psychic services as high risk because of reasons such as offering non-tangible services, which are difficult to verify; the potential for high chargebacks; complex regulatory acceptance; and volatile customer satisfaction.
All these factors make it difficult for psychic professionals to get a merchant account. Sometimes when they get approved, then immediately after a few days, processors shut down such accounts.
High-Risk Merchant Accounts for Psychics
We offer high-risk merchant accounts that cater to the unique needs of psychic professionals. Our acquiring partners have massive experience in working with hard-to-place merchants. With these solutions, you will experience exceptional credit card processing for psychic services. From your customers, you will be able to accept recurring and one-time payments. Our merchant account solution comes with international payment processing capabilities, and that is why you’ll be able to accept payments from your international customers as well. The built-in advanced fraud identification and chargeback management tool will help you to maintain your account in good standing for a long time.
Who Can Benefit from a Psychic’s Merchant Account?
This type of specialized merchant account can be beneficial for a variety of professionals operating in the psychic industry, such as psychic readers, tarot card professionals, clairvoyants, mediums, astrologers, fortune tellers, horoscope analysts, numerologists, spiritual coaches, faith healers, psychic networks, and hotlines. If your business revolves around spiritual healing, then you must explore this specialized merchant account solution.
How to Apply for a Psychic Merchant Account
The process of application starts with you filling out the merchant account application on our website. Once you submit the details, our team will evaluate your requirements and then suggest solutions. The underwriters will request you to send the KYC documents, and then they will start the review. They will check for your business’s risk profile and also evaluate the profile of the ultimate beneficial owners of the company.
After the review, they will either approve the account or reject it. Once your account is accepted by the payments processing company, then you’ll start the integration process. You will get access to detailed API documentation, and along with that, you’ll also get ready-to-use plugins for WordPress and Magento. After integration, you can start accepting payments.
KYC & Documentation for Psychics Credit Card Processing
In most cases, no special documents are needed for psychic services. All you have to do is provide the regular KYC documents, which are mandatory for any merchant account. This includes the documents for the business as well as the directors.
For the business, you can submit the certificate of registration, utility bill, bank statement, and the domain’s ownership proof. You’ll also have to submit the photo ID of the directors.
At the time of application, the website should be active and must have some organic traffic. All the important pages, like refund, privacy policy, and terms and conditions, must be in your website’s footer section. Do not worry; our team will give you comprehensive guidance regarding the KYC process for psychic merchant accounts.
FAQ: Psychics Merchant Accounts
Q1: Can I get a psychic merchant account if I work from home?
Many professionals in this industry operate from the home office, which is absolutely fine. However, there are a couple of things that you must keep in mind when you apply for a merchant account for your home-based psychic services business. Your company must be registered at your home address, and you should have a business bank account where you can receive funds from the processor.
Q2: Can I accept international payments?
We offer international credit card processing for psychics. You will be able to accept payments in multiple currencies, including euros, American dollars, Australian dollars, and Canadian dollars.
Q3: What is the average approval time?
In most cases these accounts get approved in a span of three to five business days if all the documents are submitted at one time. However, if there is any delay from the merchant in submitting additional documents, then this time may extend.
Start Accepting Card Payments for Your Psychic Services Today
It is time for you to switch to a healing-friendly payment service provider that understands your business’s unique needs. With QuadraPay, you will get a solution that will offer convenience to your customers when they make payments to you. For more details about credit card processing for psychics, you can email us at [email protected].