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Merchant processing for social media services

Discussion in 'Business & Tax Advice' started by Nodsky, May 18, 2017.

  1. Nodsky

    Nodsky Jr. VIP Jr. VIP

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    Who are you guys using for processing CCs? Stripe just shut down my account for being a prohibited business. Braintree's terms also say they don't do social media stuff either. I've worked with Paypal for a while, but they hold a reserve.

    Any merchant account providers that you recommend with decent rates for this "high-risk" type of business? If so, what rates are you getting and how much reserve do they hold - if any?
     
  2. luc1fer

    luc1fer Regular Member

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    Maybe 2checkout but i read somewhere they going to block account and freeze all money that you have if chargeback rate 2-3% or higher and with this services there are always some chargebacks..
     
  3. SOCIALSEOGUY

    SOCIALSEOGUY Registered Member

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    I know few networks like avangate. But the problem is their acceptance policy:
    http://www.avangate.com/acceptance.php
    They don't allow social media stuff as per section E: Sell social media activity, including, Twitter followers, Facebook likes, YouTube views, or any other forms of social media activity.