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In addition, online adult vendors may have a high rate of chargebacks or exclusively engage in card-not-present transactions.
There are some merchant services providers, though, that not only provide but specialize in high risk credit card processing, and some of these providers are willing to offer merchant accounts for adult entertainment businesses.
The adult entertainment industry’s expansion into the digital marketplace has made merchant accounts essential for online adult entertainment vendors.
Within the credit card processing industry, however, adult merchant accounts are generally classified as “high risk” merchant accounts, and many merchant account providers will therefore refuse to offer credit card processing for adult entertainment websites. Some processors tend to worry that adult entertainment merchants may be fronts for illegal activity.
The merchant account verifies and processes card and customer information.
Master Card agreed to remove its card earlier this week. Backpage.com, a classified-ad website, refused to comment when reached about the sheriff's initiative.The Terms and Conditions described here constitute a legal agreement ("Agreement") among the sole proprietor or business listed as the "Merchant" in the Shopify Payments service registration page, (the "Merchant" on the registration page, sometimes referred to as "you," "your", "user"), Shopify Payments (USA) Inc. You may download “Master Card Rules” from Master Card’s website at: ard.com/us/merchant/support/ You may download “Visa Regulations” from Visa’s website at: com/merchants/operations/op_The credit card and customer details are submitted via the gateway, which securely sends the information through the relevant financial networks to the merchant account.With the Virtual Terminal you can pre-authorise an amount, such as a deposit.
* Please note that with certain higher risk business types we may not be able to provide a Virtual Terminal for the first 2 - 3 months of processing and will only provide an ecommerce solution to begin with.