I found my own answer... thought others may want to know.
Visa charges an initial $1000 "high-risk " fee for adult SUBSCRIPTION websites for the first year. Additional years are billed at $300.
I've heard the same story from two banks.
Quote:
Originally posted by designrs:
I'm applying for a merchant account and the bank is telling me that VISA charges a
$1000 high risk fee for merchant accounts
servicing adult subscription websites.
Can anone confirm this?
Thanks.
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