Success in the Adult Sector Is Difficult, Not Impossible

Apr 14, 2015

Everyone thinks that coming up with a new revolutionary social media platform would make them the next Mark Zuckerberg, but few people realize the difficulties that such a path is laden with. There are much easier options, which although offer lesser profitability, but can turn out to be golden hens. One such business is that of adult streaming business.

Being in an adult business is definitely lucrative. From the most basic of products, to the most luxurious of services, there is good money everywhere. But unlike many other industries, adult sector offers high returns and high risk hand-in-hand. With such great potential for dividends comes a tag that labels you high-risk, and then, several problems follow.

However, when you are offering services online, like the adult streaming business, being able to accept online payments is a must. This automatically and quite obviously makes having a merchant account a must. Furthermore, online payments constitute a very large part of adult industry sales, and so, if you are unable to offer your clients the ability to pay online, you shouldn’t be too surprised if you lose out on sales you would otherwise easily bring home.

The thing, here, to consider is that if it was all that easy to just walk into this industry and earn great returns, wouldn’t everyone be doing it? Truth is, the adult content industry is yet to realize its potential. There is ample room for new players to have a go. The chances of success look amazing on paper, as well. However, none of it comes without certain challenges.

All businesses have certain challenges that entrepreneurs must overcome, or even use to their advantage. But, when we are talking about adult content industry in specific, the biggest challenge that emerges is that of getting access to an adult streaming merchant account. Yes, the industry has great potential, and yes, you can make a fortune out of it. However, when it comes to banks and traditional institutions it matters little. What, instead, plays a vital role in their decision-making process is the fact that this business is still controversial in the eyes of many, and with high controversy follows high risk.

Here, you can’t simply go on without making sure you can accept online payments. It is impractical, and it is anything but prudent. There are several specialized providers out there, which offer you merchant processing services, irrespective of the business you are in.

One such provider you should consider is eMerchantBroker. With a portfolio that consist of a wide range of different players from the adult industry, eMerchantBroker knows exactly who you should turn to for your adult streaming merchant account. Its portfolio allows it to be aware of your industry dynamics, while its dedication to offer great service makes it just the destination to head towards.

Let us help you get a high risk merchant account today!

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.