Posts

Merchant Account For Dating Sites

Image
  If you’re about to launch an online dating site, or already have one, then you have probably already found out that processing credit card payments from your customers is not as easy as setting up a PayPal account. Read on to find out what the problem is and how you can find a  merchant account for dating sites  today. Why Merchant Account Seems Risky For Dating Sites? While online dating remains a huge and still growing industry, it is also considered a high-risk industry by both traditional banks and other merchant account service providers. There are many reasons for the unfortunate high-risk status. Over the years it has attracted many scam artists – both as customers who scam other online dating users and as actual online dating businesses that charge people money for a non-existing service. The amount of these issues has even resulted in Facebook not allowing online dating businesses to advertise through its Ad Network without being very thoroughly vetted first, a...

HIGH RISK MERCHANT ACCOUNT

Image
  https://5starprocessing.com/high-risk-merchant-account/ What Is High-Risk Merchant Account?   High-risk industries are industries that are prone to fraudulent sales and chargebacks. These industries need high risk merchant account where you can accept payments. A high-risk merchant account can be used by these businesses to process credit card transactions.   Why High Risk Merchant Account is Important?   High risk merchant account is very important to receive payments. Companies that have over $20,000 in sales per month, average credit card sales of $500 or more, or a business that has a bad credit history may also need a high-risk merchant account. A high-risk merchant account may have higher fees and different terms than a traditional merchant account as well. Don’t worry if you fall into these categories, one of there are still plenty of excellent merchant providers available.   Which Industries Need High Risk Merchant Account?   Companies that experi...

PAYPAL MERCHANT ACCOUNT

Image
https://5starprocessing.com/paypal-merchant-account/ What is a Paypal merchant Account? A merchant account is a bank account that accepts payments in several ways. Mostly used for businesses, merchant accounts can accept payments through several means, from debit and credit cards to cash deposits and transfers. This makes it easier for customers to make purchases and pay through whichever means is most suitable or comfortable for them.  Even though Paypal is an online payment processor, it has found a way to process payments using credit and debit cards, just like a merchant account, making it easier for its entrepreneur users to get payments from their customers. The firm operates on a global scale, and they discovered that small scale entrepreneurs are faced with debit and credit card payment problems. In reaction to that, Paypal made grounds for these entrepreneurs to receive payments by creating Paypal merchant services. What exactly is it? Its a platform made to help merchants...