Why is payment processing for the adult services industry so expensive?
 

Hello there.

Most merchants are considered low risk while others high risk. A low-risk merchant has high chances of approval for a merchant account.
As for the high-risk ones, they face several challenges before they open their account.

Adult business - is a high-risk business. That is why fees for this kind of business if higher.

Among adult business, there are others businesses considered as a high-risk:

• Online gambling or casinos
• VOIP or telemarketing
• Pharmaceuticals
• Airline tickets
• Forex
• Dating services
• Legal services

Familiarize with the whole list of high-risk businesses you can here.

Our company PaySpacelv offers solutions for all types of business, focused more on a high-risk processing. We provide our services for more than 10 years worldwide.

One of our advantages is that our transactions fee starts only from 1.2% which is much cheaper than others.

If you have some questions, just drop us a line.

You’re based in Latvia. Are you associated with USA banks? 1.2% sounds good if you do a hundred thousand dollars a month. What are the fees for smaller volume? What are upfront costs?

Does having had a merchant account give you a better chance of acceptance?

Your address is private Why should I trust you with my money ?

Hello. Yes, we work with USA banks. Also, you can see what payment methods me provide by regions https://payspacelv.com/payment-methods/ It's not the whole list, because we work with many countries.

Transaction fee is calculated for each merchant individually and depends on the income. If you want, we can calculate it for you. Payments only for transactions.

If you have a merchant account and you want to deal with high-risk business, you must register a high-risk merchant account. We can give you some advise. https://payspacelv.com/solutions/ at the bottom of this page you can find some useful information about advantages of having a merchant account

Hope it was helpful

Will look into it.:2 cents:

I’ll look again for my non-adult site being built. I’ve got four processors plus PayPal but at least one isn’t well-known. Users may trust them but merchants are leery. Or at least I am.

The site was to open in November but my coder got busy with other jobs. He’s working on it now and we’re hoping to open in February. I’d like all payment plans in place and working by January fifteenth so I can finish the rest and clean it up.

My merchant account was closed by request when I was in a coma. I can’t remember the bank name, just the pervert manager who charged me two grand for the equipment and account. He claimed to have gotten more than fifty signups from a Screw ad. He charged $10k for the big players.

Porn was good to him.

If you have a merchant account - it will be an advantage for you. Perhaps, if it was closed due to your coma, there is an opportunity to open it again. If not, we can consult you how to do it.
Fill the contact form https://payspacelv.com/get-started/ and we will make a plan for your project so that you can complete all the work on setting up payments on time

:thumbsup