Quote:
Originally Posted by SeanLEE
I guess one of our sites are high risk- Are there any processing companies that can help us get around this obstacle?
Paxum?
Anyone?
...also need to be able to process Visa transactions for said site as well. (Site considered High Risk)
List contact info... Thanks in advance!
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Hi Sean,
While we do not offer 3rd party credit card processing at Paxum, we do offer you the ability to accept instant P2P (peer-to-peer) payments for your paysite memberships, and set up recurring subscriptions/memberships.
If you use our API/IPN you can create a connection between your database and ours so that you can set up instant delivery of membership to your customers upon confirmed payment through Paxum.
In order to send funds to you through our P2P payment option, the client/consumer must also have a Paxum account. It is always free to get a Paxum account, and our clients can fund their accounts directly with wire, check, ACH (in US only), or by external credit card. The external credit card option is available for Visa and MasterCard only and does require additional verification.
We also have a referral program in place so you can earn referral commissions for clients you send to us who verify and either fund their Paxum account with up to $200 USD, or request a Paxum MasterCard. It's free to register for our referral program, and every verified Paxum client (both business and personal) has the option to register.
I understand this does not match instant processing for Visa or MasterCard payments, however if you encourage your clients to sign up and use Paxum as an alternative, you will
- Save on processing fees (we do not charge anything to receive funds via P2P)
- Earn some additional dollars from each paying customer (through our referral program)
- Provide your customers with an anonymous payment method (when they send you a payment, all you see is an email address, no personal information)
There are no monthly maintenance fees with Paxum, and you can receive unlimited funds to your account. All P2P payments are sent and received instantly, no delays.
We have multiple withdrawal methods for you to access your funds; wire, check, EFT, to an external credit card, or to the Paxum MasterCard. The Paxum MasterCard allows you to withdraw your funds from any MasterCard supported ATM instantly, with no delays. This means that you can receive a payment for a membership, transfer the funds to your MasterCard and withdraw it at an ATM (or spend at stores/online/etc) within seconds.
I'd be happy to discuss this further with you if you're interested. While I'm sure you will be trying to arrange a new 3rd party credit card processing relationship, I believe it would be of benefit for you to offer Paxum as an alternative payment option to your customers as well, particularly since it's always free to receive money with us.
Feel free to hit me up if you want to chat about this more. My contact info is in my sig
