Credit Card Merchant Accounts

Xtee · 2004-04-19, 06:31 AM

I am currently using a third party card processor and would like to apply for a credit card merchant account. I have a company registered and operating in the Channel Islands has anyone been down this road before and have all the answers?

Greenguy · 2004-04-19, 09:14 AM

I have a merchant account (but not for porn) and when I set it up I just went to the local bank & asked them what needed to be done.

I have to assume it's the same way for an adult account, just more hoops to jump thru.

CamZ_Dan · 2004-04-19, 11:19 AM

There are not too many banks that do High risk any more.

My recommendation would be to contact mitch@Nertbilling.com and see what is currently available.

Sometimes there is volume restrictions as well.

Xtee · 2004-04-19, 11:58 AM

Cheers will do. I am trying to set this up as an off shore processor and would like to find out how guys running the online casinos from Alderney are doing it. Thanks for the feedback

Torn Rose · 2004-04-19, 12:00 PM

I decided last summer to get a Merchant Account, and after all the paper work, was told it would cost $2300.

I had the $ at the time, but I was just too cheap to spend it so I waited, then a few months ago, I decided to pay it, and was told that I missed the deadline by 2 weeks.

In my 4 years of being online, this was the biggest business mistake I ever made.

No new "High Risk" accounts are be accepted by any bank. You CAN get a merchant account for tangibles only for around $250, but nothing subscription or anything that can be downloaded.

I agree with Dan, Karen from Netbilling has kept me informed with whatever she hears. But IMHO, this will not change anytime soon at least until after the elections.

2004-04-19, 06:31 AM	#1
Xtee Internet! Is that thing still around? Join Date: Mar 2004 Posts: 2	Credit Card Merchant Accounts I am currently using a third party card processor and would like to apply for a credit card merchant account. I have a company registered and operating in the Channel Islands has anyone been down this road before and have all the answers?

2004-04-19, 09:14 AM	#2
Greenguy The Original Greenguy (Est'd 1996) & AVN HOF Member - I Crop Pics For Thumbs In My Sleep Join Date: Feb 2003 Location: Blasdell, NY (shithole suburb south of Buffalo) Posts: 41,929	I have a merchant account (but not for porn) and when I set it up I just went to the local bank & asked them what needed to be done. I have to assume it's the same way for an adult account, just more hoops to jump thru. __________________ Promote POV Porn Cash By Building & Submitting Galleries to the Porn Luv Network

2004-04-19, 11:19 AM	#3
CamZ_Dan They have the Internet on computers, now? Join Date: Aug 2003 Location: Florida Posts: 149	There are not too many banks that do High risk any more. My recommendation would be to contact mitch@Nertbilling.com and see what is currently available. Sometimes there is volume restrictions as well. __________________ Please Re-Read The Rules For Sig Files

2004-04-19, 11:58 AM	#4
Xtee Internet! Is that thing still around? Join Date: Mar 2004 Posts: 2	Cheers will do. I am trying to set this up as an off shore processor and would like to find out how guys running the online casinos from Alderney are doing it. Thanks for the feedback

2004-04-19, 12:00 PM	#5
Torn Rose "Faith is believing what you know ain't so." ~ Mark Twain Join Date: Aug 2003 Location: Portland, Oregon Posts: 4,806	I decided last summer to get a Merchant Account, and after all the paper work, was told it would cost $2300. I had the $ at the time, but I was just too cheap to spend it so I waited, then a few months ago, I decided to pay it, and was told that I missed the deadline by 2 weeks. In my 4 years of being online, this was the biggest business mistake I ever made. No new "High Risk" accounts are be accepted by any bank. You CAN get a merchant account for tangibles only for around $250, but nothing subscription or anything that can be downloaded. I agree with Dan, Karen from Netbilling has kept me informed with whatever she hears. But IMHO, this will not change anytime soon at least until after the elections.