Internet users are increasing worldwide immensely day by day. As a result, the e-commerce industry is becoming more popular than ever before. Any business that is associated with the e-commerce industry is earning impeccable profit. IPTV industry isn’t separated into those industries.
The IPTV industry has seen exceptional growth after the vast reach of the internet.
Nowadays, everyone has a smartphone or smart device with internet connectivity. This made them explore different types of services available over the internet.
IPTV industry no doubt made the entertainment industry portable. People have the ability now to watch anything, anywhere, on their smartphones.
Great reach and greater content available over the OTT platform have made the IPTV industry popular.
IPTV merchants need an IPTV Payment Gateway at this point to generate massive revenue from their business. Only a payment gateway has the solution that a merchant requires when it comes to processing the payment online.
However, things are not that easy as it appears for a merchant when applying for payment gateway service.
Why don’t banks serve the IPTV industry?
The risk factor involved in the IPTV industry makes the IPTV industry suspicious for the banks. As a result, they hesitate in catering IPTV industry.
Risks involved in the IPTV industry
- Subscription-based service
- High-chargeback ratio
- Fraudulent transactions
- Legal aspects
Due to the above factors, IPTV merchants have to struggle to accomplish payment processing services. Traditional banks and financial institutes reject their application form without any second thought.
But it is not a situation where an IPTV merchant should give up. Thanks to the high-risk payment processors available in the market that they serve such high-risk industries.
For instance, the EskayPay payment processing service provider comes with advanced security and a feature-rich payment gateway.
Is IPTV legal?
Coming into the most crucial segment of the blog, we will discuss the legal aspects involved with the IPTV connections. The most common question of the user while purchasing IPTV connection.
If you are streaming copyrighted content and share it with consumers, it is illegal. Also, if you don’t have any media publishing rights, this is illegal. However, if you share content over the Internet through a service provider, it is legal.
Pros of getting an IPTV Payment Gateway
An efficient payment gateway supports you to have various advantages, including
- Acceptance of Multiple Currency
- Availability on the merchant platform of different payment alternatives
- Also makes the entire transaction process go smooth
It adds various metrics to your business, boosting its usefulness.
Below are some affirmed components that will make your business more reliable and relevant for online users.
- To pay you via diverse modes on your payment platform, Payment Gateway makes your business better.
- IPTV Payment Gateway enables you to process different types of currency worldwide. That means it allows your customers across the globe to pay in their local currency. It somewhere makes your business more legitimate for your customers.
- Plus, it differentiates the organization from other competitors, gets you more sales, and builds a robust customer base.
Credit card processing for IPTV business
Credit card processing is the best solution for the IPTV industry, as it gives merchants a continuous gateway operation. It enhances the shopping experience and provides the customer with a smooth checkout process.
Giving credit card payment option welcomes the customers who prefer card payments and returns in as immense profit for your business. Customers can pay using all major card brands like Visa, MasterCard, Amex, etc.
Plus, it also supervises transactions, which ensures safety between customers and merchants.
How EskayPay supports the IPTV industry?
EskayPay is known for providing high-risk payment processing services to the industries deemed as high-risk. We do not care whether you are into high-risk, mid-risk, or low-risk businesses. If you require a payment processing solution, we will purvey it to you.
Our expertise in the IPTV industry removes all the obstacles that merchants may have to face while applying for payment processing services.
We offer an IPTV Payment Gateway integration to the merchant with their website and the IPTV Merchant Account service. Our feature-rich payment gateway eases the payment processing for your business.
Additionally, to keep your payment processing environment secure, our payment gateway complies with various security standards and has inbuilt security tools.
Other benefits of our gateway service:
- Multiple payment modes
- Multicurrency payment processing
- Multichannel payment processing
- PCI-DSS Level 1 Compliance
- SSL encryption with API integration
- Credit card processing
- Offshore payment processing
- 24*7 technical support
IPTV industry is thriving and needs an appropriate payment gateway to satisfy its needs. With an IPTV Payment Gateway, merchants can bring their business to a new level. They can generate massive revenue and earn impeccable profit.
EskayPay, to satisfy their needs, offers a High-Risk Merchant Account with High-Risk Payment Gateway integration.
We work 24*7 for your success.
To learn more about our payment processing service, connect with our experts right away.