What You Need To Know About The Adult Webcam Business

Apr 14, 2015

When you initiate a discussion about a start-up, the initial ideas that come to mind range from tech-related start-ups, to offering several different services. However, the adult sector hardly ever comes to mind. This is because irrespective of how legitimate it is, it is not what you call a conventional line of work. But, what’s the fun in normal? What’s there to gain from normal?

If you sit down to list down the number of businesses that can reap you huge profits, you will find that naming these businesses isn’t all that difficult – it is the execution that matters. At the same time, you will also realize something that is the most basic rule of business and finance – with higher profitability comes higher risk. The more you put at stake, the more you stand to win. This is a very basic trade-off that you must be aware of. This rule doesn’t apply to any business better than it applies to the adult webcam business.

The very nature of this industry brings with itself a rather controversial image. Whether it is your neighborhood bank, or the financial institution that claims to offer services to merchants from all backgrounds, you should be prepared for a cold shoulder from each one of them. Risk-aversion is a common characteristics of an average business owner, and the nature of your adult business hits the owners of these financial institutions right where their risk-aversion lies. So, truth be told, any type of adult sector business is considered high-risk.

But, then again, you think about the potential for growth and profits and your motivation that seems to be dying starts to grow. It is risky, but is also profitable. Thus, why not go for it? Yes, it will have certain obstacles, but where there is a will there is a way, right? So, if you’re determined enough, making money in this sector will not be an issue.

The obstacles that you can expect range from funding issues to several related problems. However, the standout issue is getting access to a merchant account. High-risk merchants tend to be deprived of payment processing services that businesses usually consider. This makes such merchants resort to alternatives. You should do the same.

Speaking of alternatives, eMerchantBroker comes to mind. All you have to do is fill up a simple form with this provider, and enjoy being able to accept online payments immediately. Specializing in providing personalized high risk merchant accounts to all merchants, irrespective of the nature of their businesses, EMB is just the place to get your adult webcam merchant account that you need to give your business a much-needed jumpstart.

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.

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