Merchat Account recomendations - Anyone???
 

Need a simple to get merchant account.
Priorities:
1) Really cheap to get
2) Very little questions asked or no probs with adulte.
3) No drama.

Talk to Mitch and Netbilling.com

If you have good credit and good standing with your bank go to your own bank.

Thats what I did and had no problem and it cost me about 100 bucks

The only thing I dont do is use that merchant account for recurring billing I still do that via CCBill but will probably migrate things over time

If you have a current history showing your volume and chargebacks for at least 3 months, then you are a potential candidate. If your volume is small, frankly, you may want to stay with an IPSP until you're doing a large enough volume that the banks are willing to assign you a MID and TID.

Most 'local' banks in the US don't underwrite adult related merchant accounts, that is against their card association contracts. In order to process high risk, they must have a certain amount of credit processing volume, a certain amount of cash in reserve and not process more than a given total of their volume in high risk. Any bank that processes high risk without approval will end up keeping your money, imo, since the card association will terminate the account, or at least your account with them, when they discover the incorrectly coded transactions. They will also fine the bank as well.

You will also need to get an account in the region (card associations are divided into EU, AP, US, etc) that your business is incorporated in, or else you will need to incorporate additionally in order to be in compliance.

Check with Netbilling - they rule

I second that

Do you use Netbilling too? I have heard great things about Yankscash. Do you guys have a booth at Internext or are you going?

I talked with Netbilling about this last week, they said they where not doing any new High risk merchant accounts. If they are who are you talking to?

I know they have offshore if you do more than 50k per month. Talk to Mitch or Karen.