Thank you very much for the lead, I have applied for an account today, will post about the outcome here.
good for you, open your own thread this is a journey thread!atlasontv said:
hello
i have iptv websites focusing mainly in the euro zone
i am struggling to scale up my business and find a good processor
i'm trying to enter the brazil market too
but my biggest problem is card payments
i got a subscription today just to find my way through this
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Keep posting Koohl.Want to see how things work.Great initiative from you.koohl said:
good for you, open your own thread this is a journey thread!
We are integrating with webpays at the moment, the test enviroment works well and issue free. Means all the test we have run are 100% ok. Next step is to finish the integration and get started to see if they pay out!
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https://www.offshorecorptalk.com/resources/processing-complex-solutions.414/koohl said:
I refer to the thread which I opened here
https://www.offshorecorptalk.com/th...or-iptv-replica-and-gaming-sort-it-out.39347/
I go straight to the point in this post and will be following up as I go:
My Adult website, it is EBONAY kind of website (for the people who are in the industry) and has as well hard core P**N as a special guest member area.
My application went through with CCBILL and Verotel for the card processing and affiliate handling. Was very easy and simple nothing to report here.
The company is registered in the UK, simple UK LTD setup no fancy office or anything.
My IPTV website, that was so difficult to find the right payment processor for this business that I was to go and give up, until I tried my final shot with this
https://www.offshorecorptalk.com/resources/turnkey-payment-processing.413/
They got add to the the resource section last week some time, and I thought why not, let try, they got me a pre approval yesterday with special conditions, with them it means, 10% in processing fee and 1 f*****g EURO per transaction. I must keep my chargeback ratio below the 1% or they will terminate my MID.
I will get my own MID, not shared, but again it is shared but with identification to me.
Processing with this provider is planned to start end next week or the beginning of the week after. I can't push them harder.
My Replica Website, that was ultra hard to place and like the above almost impossible to get approved anywhere. Finally I got the pre approval.
Admin add this one to the resource last week sometime, and I immediately applied.
https://www.offshorecorptalk.com/resources/processing-complex-solutions.414/
The process is the same as with my IPTV website, it is all slow approval, they check the website forth and back so the documents and my KYC, damn it is a slow process.
I should start processing with them in 2 weeks, they requested some appostilled documents which will take me some time to get, they promised after that we will go live.
The entire test environment with a login to the test system I got, developers are already sat on the job to get integrated with our website, it looks promising.
My Gambling website, so far, sad to say so, without the right setup and a license, I struggled to get a payment processor for the business, found a few but we speak 30% in processing fee !! ja334¤¤# that is not going to happen.
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UPDATE: It took us a while to get things up and running with Paddle. Having now thrown almost 30K US$ through them and everything has run as it should, I'd rather just praise the company for fantastic support and constant and smooth payouts of our money. I don't like that we can't get a contact person there, if you write to their support you talk to a random monkey who answers questions according to a list.koohl said:
It's a straight forward process so far and we are already in the process to integrate the gateways. If and how we get paid I don't know yet, but the conditions are good.
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We got in touch with mcc6211.com for integration! the processor is amateur but we thought to proceed anyway. The integration is complicated so you need skilled coders to work with them. We have no update as of yet how it works. We didn't use the NMI gateway for this processor.koohl said:
They are sending me a list of merchant account providers that may fit into what I asked them for. I had to call them and speak with several people before one finally agreed to send me at least 5 providers in my region for my business.
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Wonderful, it's a stay away, you saved me hours and days of work!koohl said:
Thank you very much for the lead, I have applied for an account today, will post about the outcome here.
I also got spammed to hell by the fellow below
http://www.webpays.com/
Are you struggling to accept payments on your website?
Accepting Cards on the web store sometimes looks so easy but once you are into it, You get blown away with the complex terms and rules.
Termination and Hold are Big Headaches,
I get things a little easier for you, we our expertise in handling Payment Processing for All types of Companies and Businesses.
- HighRisk?? ”“ No Problem,
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Now get the things lauder with WebPays, Accept International and Local payments via VISA, Master, and Amex credit Cards.
The application is send to them for all high risk categories I'm testing into, waiting to get approved. They claim they accept everything, either they do and work or they do and are a SCAM!
- NO one Understands Your Cross-Border Business Better Than us.
- Merchant Account Designed for you.
- Minimum Documentation Yet Shortest Time to Go Live.
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Really appreciated work you have done here. It's wonderful how you just serve it on a silver plate for us. It's straight to the point and we know what to do.koohl said:
It's time to post an update about my experiment with High Risk Payment Processors.
The following payment companies are in play:
1)
- PaymentCloud - Supports Adult, CBD, MLM and Nutraceuticals
- Host Merchant Services - e-Commerce processing - semi high risk accepted i.e. high tickets, shoes and non replica stores.
- SoarPay - General High Risk industry processing
Let's start with Payment Cloud. US LLC with EIN number that sells memberships to a styles (web design) sales page. It must be noted that this is high risk. After a long conversation on the phone, a lot of documents that have been sent back and forth, the whole process took approximately 1 month. Processing is currently running fine. and the first payment of well over 9000 US$ has also landed in the bank.
The overall assessment is that we are dealing with a professional company that takes things seriously and can handle high risk business.
2)
Host Merchant Services is really hard to get through to. It took me about 3 weeks before there was real contact with a person I could talk to about selling my shoes online. They had to have proof that it was not a replica and we were allowed to sell them. This process took approximately 2 months. After all the trouble, we succeeded, we process around 400K per month through them, payments run weekly and arrive exactly every time.
3)
Soar Payments, that's a story in itself. First I called them, after about 3 hours of searching for the right phone number for them. Then there was contact and things went fast. I thought. All documents were sent to them neatly sorted of course. Then there was silence... It took 5 weeks before anyone responded again. Finally came a list of questions so long that I was about to fall over and just about to give up.
It took another 3 weeks before we were integrated after we were finally approved. It took the work of 3 men to be approved and integrated. It has been worth it, everything works and runs completely as it should. However, the payments don't always come every week!
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Figuring something out that seems to work. Will be posting about it in my next update!Spinat said:
As mentioned, crypto can be your only chance for your gambling website.
Keep up the good work and posting!
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yes, if you read my journey you understand that what I post is tested!
Can you specify exactly the documents they requested ?koohl said:
Let's start with Payment Cloud. US LLC with EIN number that sells memberships to a styles (web design) sales page. It must be noted that this is high risk. After a long conversation on the phone, a lot of documents that have been sent back and forth, the whole process took approximately 1 month. Processing is currently running fine. and the first payment of well over 9000 US$ has also landed in the bank.
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You use excel processing history or you provide .pdf export ?koohl said:
We almost always provide the same set of documents:
I think above sums it all up. We are smart, we work hard and we deliver everything in the finest details to our business partners, that may be the different of success and total failure.
- Full set of incorporation documents from the agent - notarized and apsotilled
- Up to date bank account statement
- Up to date processing history
- Passport & Utilitybill
- Complete & detailed business description (it is a 100 pages book)
- Detailed explanation of what we do to avoid fraud, how we handle customer support.
- Detailed pinned description of our website, where they find what i.e. Terms and Conditions, Refund Policy, customer support contact etc. etc.
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Can you share here or in PM the contact you had, everyone I contacted just not respond / tell me to contact monkey on [email protected].koohl said:
https://www.nmi.com/who-you-are/payment-facilitatorsThey are sending me a list of merchant account providers that may fit into what I asked them for. I had to call them and speak with several people before one finally agreed to send me at least 5 providers in my region for my business.
The first two people refused and told me they don't work like that and blah. blah. but I was persistent and finally got through my way.
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