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Credit card processor for high risk

Discussion in 'Making Money' started by dnbz, Jun 9, 2016.

  1. dnbz

    dnbz Newbie

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    Hello BHW!

    I'm looking for a credit card processor with multi-currency & Visa Verified/MasterCard secure support + advanced fraud mechanisms for a medium-high risk business in the filesharing field (p.s. the model is built around micro-transactions starting from 6$/month, so please only recommend relevant providers)

    Any recommendations/offers are welcome.

    Thanks in advance
     
  2. kugundo

    kugundo Regular Member

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    Hey, you should dig deeper in the Net than here for this kind of "business".

    Greets
     
  3. randompassword

    randompassword Registered Member

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    stripe or braintree, the last one is from paypal and they are experts in anti fraud
     
  4. SafeSEO

    SafeSEO Jr. VIP Jr. VIP Premium Member

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    Ye but braintree & stripe ain't high risk ones. Do you plan to do something with adult?
     
  5. dnbz

    dnbz Newbie

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    "Do you plan to do something with adult?"
    no absolutely not. no gambling nor porn nor selling illegal content.
    The service in question is a file storage service with download options from other services - making it a large fraud target.

    Most payment providers refuse to accept any service that can be used for file sharing, that is why it is high risk.
    That coupled with the high fraud rate in the industry ( 3%-15% )
     
  6. cosanostra

    cosanostra Junior Member

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    what is volume you will process? What is rate you are expecting to pay?
     
  7. dnbz

    dnbz Newbie

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    The initial volume is 3-4k$ a month.
    the expected volume is 80k$/month within half a year.

    I will be willing to pay up to 10%.
     
  8. The SEO

    The SEO Jr. VIP Jr. VIP

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    2Checkout is one of the best-secured Payment Processor, accept different currencies and Credit Cards.
     
  9. dnbz

    dnbz Newbie

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    I love 2Checkout, but unfortunately, their terms of use forbid file storage and/or sharing services :(
     
  10. JamesSavage198

    JamesSavage198 Registered Member

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  11. The SEO

    The SEO Jr. VIP Jr. VIP

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    @dnbz then contact paddle.com
     
  12. dnbz

    dnbz Newbie

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    Paddle looks amazing! one of the smoothest flows I've seen
    Any personal experience with them? how good is their anti-fraud?
     
  13. The SEO

    The SEO Jr. VIP Jr. VIP

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    No mate but their support is much better and fast as compared to 2CO and Paypal.
     
  14. dnbz

    dnbz Newbie

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    In exchange for payment of the Commission upon each sale of the Products and subject to all the other terms and conditions of this Agreement, you hereby grant Paddle a non-exclusive and non-transferable right and license during the term of this Agreement: (i) To market, promote, advertise, sell and distribute the Products directly to an end-user of a Product (“Customers”); (ii) to use one copy of the Product to provide demonstrations to prospective Customers, so long as such copy is at all times under our control and not left with the prospective Customer; (iii) to use one copy of the Product to develop applications, connectors and other source code or methods of distribution compatible with the Product; (iv) distribute evaluation copies of the Products free of charge (if applicable for the product type) to prospective customers. Paddle shall not (a) modify the Products or create derivative works thereof; (b) merge the products with other software or services; (c) reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code (if applicable) for the Products; (d) disclose to third parties the results of any bench tests performed on the Products without your prior written consent (if applicable); or (e) otherwise use, copy or distribute the Products except as expressly allowed hereunder.


    market the products directly to an end-user?
    what's up with that?

    It's a bit worrying that they don't require -any- verification whatsoever and don't have an allowed businesses list ... how is that even possible?

    btw bro:

    Referral Bonus ("Bonus")
    • The Bonus will be calculated from the first genuine (i.e. non-test) sale that the Referred Vendor makes ("First Sale").
    • The Bonus will be calculated as follows:

      Gross Monthly Sales of Referred Seller Referral Bonus
      Above $1,000 $2,000
      Between $2,500 and $4,999 $5,000
      Between $5,000 and $9,999 $10,000
      Between $10,000 and $14,999 $15,000
      Between $15,000 and $29,999 $17,500
      Between $30,000 and $49,999 $20,000
      Between $50,000 and $99,999 $25,000
      Above $100,000 $50,000


      if I end up using them you should get the bonus .. that's tons of money.
     
  15. redarrow

    redarrow Elite Member

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    s
    stop spamming please