That is sad. You can find many processors here! I think you should check with the mentor group. There you will find a list of processors.
That is sad. You can find many processors here! I think you should check with the mentor group. There you will find a list of processors.
what risk you see here?cyprusbanker said:
I totally agree with @uplana you want to make a business plan that is understandable for the merchant provider. You need to focus on the risk, minimize it to rise your chances to get approved.
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I totally agree, only a fool will blindly apply for a merchant account if he is in the high risk segment, without planning his steps.uplana said:
It's foremost important to draw down your business setup as well as your company structure. Do your homework, prepare all documents you have for company, your self etc. and write a good descriptive business plan.
With that in hand it may be much easier for a merchant account provider, payment gateway or bank to approve your application quickly. Once you understand that, the mentor group gold could indeed be a very good place to find the best providers for your business.
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what business ?
Depends on what business you are into.aage said:
Me as many here have been happy with some of the processors mentioned in anonymous mentor group forums. There is some or the other that would fit in even the worst business. Question is if you are willing to pay what they ask!
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let's take it in the mentor group. However, from your posts around I think you have a good supply chain already?
For this business I use Payofix and Bitlevex as processor, not particularly happy with either. I would like to have something like the old good Qwipi or Awepayuplana said:
let's take it in the mentor group. However, from your posts around I think you have a good supply chain already?
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Nutraceuticals (only shipped to countries where they are 100% legal)
Which acquiring bank did you get your merchant account from?JohnnyDoe said:
For this business I use Payofix and Bitlevex as processor, not particularly happy with either. I would like to have something like the old good Qwipi or Awepay
Nutraceuticals (only shipped to countries where they are 100% legal)
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They don't tell me. I receive crypto payments from both.
So you using payment gateway without merchant accout ?
Yes. Very unlikely to find a bank that onboards this business.
I think I have a contact who sells nutraceuticals in the adult market.
it may be the case, but how do you get started if you not have such figures in your account or an setup matching the one you described there?Gesufal said:
If I manage to show enough presence on the market, according to my experience, the cash flow is quite substantial
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Are you talking about the acquiring bank and the merchant account ?lostguy said:
it may be the case, but how do you get started if you not have such figures in your account or an setup matching the one you described there?
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Gesufal said:
all you need is a showcase webshop that justifies the merchant account, associated with this you need a structured PSP for high risk, with prevention of chargebacks, such as Visa verifi RDR
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