The adult industry is tagged as high-risk, and processing payments and managing global merchant accounts for the business is never a cakewalk. The most significant task can be to get a merchant account; however, things can become more straightforward with a proper understanding of the technicalities. As the merchants have to deal with the international customers and laws, it is vital to maintain the support of knowledge. If you are a merchant, ignorance about the basics and detailed information can be harmful to the stability of the business. In this blog, we will try to get into the nook and cranny of the global merchant account assigned to adult merchants.
What Is An Adult Global Merchant Account?
An adult global merchant account is a commercial account where a merchant receives money from its customers. The money sent through the credit or debit card, mobile payments, etc., reaches this account through a payment gateway. Due to the high-risk nature of the business, the traditional banks do not provide a business account to the merchants. The business owners get an international merchant account by acquiring banks situated in different countries. Adult businesses usually have bulk transactions, and for that, an adult global merchant account is necessary.
Adult Merchants Keep More than One Global Merchant Account – Is It True?
Adult merchants have a very high volume of monthly transactions, and one merchant account cannot be sufficient. The congestion during peak hours of payment can slow down the process. The risk of financial fraud is also there every time in a high-risk business. The merchants keep more than one adult global merchant account to balance the risk.
What Are the Benefits of An Adult Global Merchant Account?
A global merchant account for an adult business comes with many benefits and helps the company stay stronger and safer from any threat. The robust system network between the merchant account, payment gateway, and the merchant works effectively to make daily operations hassle-free. Here are the several benefits of an adult global merchant account in handling global payments.
Extended market reach is perhaps the first and lifelong benefit of having a global merchant account for an adult business. We all know that this industry has the potential to grow but only when a company gets on the worldwide platform. A global merchant account allows you to approach new customers in varied countries. If they get satisfied with your services and products, you can expand business there with many new branches. Also, you can spread your wings to new countries if you have suitable global merchant account solutions. Eskaypay global merchant account solutions for adult merchants have connected many businesses with the worldwide platform.
Multi-currency payments are smoother – Adult merchants depend totally on multi-currency payments, and for that, an adult global merchant account is an undeniable need. Thanks to the presence of proficient high-risk merchant account services that offer the best experience to the merchants. You will surely agree if you also run a business in the adult entertainment industry. However, it is necessary that you always confirm from the merchant account service provider that it offers multi-currency payments in your desired parts of the world or not.
Gain goodwill with a renowned global merchant account – High-risk businesses always struggle to earn goodwill in the market. They are already under the notice of the legal institutions because the adult industry does not have a sophisticated image. But if a renowned acquiring bank connects with the merchant, it becomes simpler to create a good impression in the eyes of the market. If a merchant wants to take a loan, he can show that a renowned bank manages his payments. Everything relates, and this aspect leaves a good impact on the image of the adult merchant.
Innovative safety tools for safer transactions between merchants and customers – Is anything more important than the safety of transactions for a high-risk merchant? No, certainly no. Global merchant accounts provide security to the money of a merchant’s customers. Artificial intelligence, automation, PCI- DSS compliance, etc., many tools work together to ensure safer transactions on a daily basis. It is not an exaggeration to say that the safety measures implemented by the acquiring banks act as the backbone of the business. This safety becomes more potent with the safety tools of payment gateways working with merchants. After all, to reach the merchant account, money needs to first travel through the payment gateway. That is the first significant platform through which customers make payments.
Why choose EskayPay Adult Global Merchant Account?
Eskaypay, a merchant account, and payment gateway solution provider, already serves many adult merchants. It has a worldwide presence with its widespread network of acquiring banks. Here are some reasons you should choose Eskaypay global merchant account solutions.
Simple application process – We handle your application process when you apply for a merchant account. We know this industry very well through our experience of years.
High–volume adult merchant accounts – We have specialization in high-volume adult merchant accounts. Our expert team ensures smooth operations for you.
Web-based API integration – Accept payments on your website or through a mobile application. Our friendly API integration gives you a predictable atmosphere to get paid.
Chargeback management system – We manage your chargebacks and bring them to the lowest level. Our chargeback management strategy is strongest in the payment industry.
Assistance round-the-clock – Day, night, early morning, noon, evening, and late-night, our team of experts is always there to help you in case of any technical and operational issue.
Conclusion
An adult global merchant account is an essential part of an adult business because a merchant cannot do business without it. It is the first requirement for a reliable payment gateway for worldwide reach and safer transactions. The adult industry is indeed considered an extremely risky industry, but at the same time, it is true that this industry has a great potential to earn. Every year, the business owners make millions and billions. But that is possible only when you have the right international merchant account solutions for a worldwide presence.
High Risk Merchant Accounts 