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High Risk Processing for Multi-Level Marketing

In the 1980s and 1990s, the direct selling industry soared with multilevel marketing (MLM) companies selling everything from cosmetics to kitchen tools to lingerie. MLM is when an individual becomes a product distributor and gets paid a commission on the sales made by other distributors he or she recruits. Before the internet, MLM marketers hosted…

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Online Firearms Sales Merchant Account

On average, more than 3.4 million rifles, shotguns, revolvers, and pistols are produced each year, according to a May 2017 report by the Statistic Brain Research Institute. The gun and ammunition manufacturing industry brings in annual revenues of $11 billion and 32% of U.S. households own guns. Though there is no doubt that online firearm sales…

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Getting a VoIP and Telecommunications Merchant Account

Mobile Service Professionals

In 2018, the mobile Voice over International Protocol (VoIP) market was predicted to reach $16.5 billion in Europe and $9 billion in the United States, according to Statista. The market is projected to continue to soar through 2024, when it is to reach $46.5 billion in Europe and $23.5 billion in the U.S. Voice over International…

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Adult Merchant Accounts

Frequently asked questions about adult merchant accounts: How to get an adult merchant account? Why not use an online payment system instead of credit cards? Are all types of adult businesses accepted? What are the application requirements? What to expect during an adult merchant application review? What happens after approval? Ways to get a credit…

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Getting a High-Ticket Merchant Account

No matter what people are buying, they are often looking for best deal, making selling expensive or luxury items and services a competitive business. Selling these products and services online is even more difficult. When a business is selling items that start in the hundreds of dollars and can top out in the thousands, any…

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Obtaining a Prepaid Calling Card Merchant Account

Wireless-Processing

The prepaid phone card industry generated $296 million and 6.9 billion cards were manufactured, according to the International Card Manufacturers Association (ICMA), a global trade association for card manufacturers, personalizers, issuers and supplier, 2015 Global Card Market and Personalization and Fulfillment Statistics Report. It’s no surprise prepaid calling cards have gotten so popular since it gives…

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Getting a Bad Credit Merchant Account

Consumer credit reporting agency, Experian, estimates that 30% of Americans have poor or bad credit, according to Experian’s 2015 Vantage Score 3.0 data. Those with bad and poor credit have scores between 300 and 600, and, also, giving them the least access to good lending opportunities. On the other end of the spectrum, only 22%…

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How to Get a High-Volume Merchant Account

High sales are a blessing. More transactions mean more profits for business. If that business, is a merchant that has a high sales volume and relies heavily on customers paying by credit cards, it should hold off on the celebrations. High-volume merchants run into many of the same challenges that high-ticket merchants face. They deal…

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Getting a Fantasy Football Betting Merchant Account

As preseason football games begin airing, diehard fans and other sports enthusiasts study current and past season games, research stats, what out for trades and injuries and doing whatever else they can to start preparing for draft day. Not the nationally-televised draft, the one planned with friends and family. In the United States, grown men…

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