Reviews on uniqpayments.net
- Thread starter Tate
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Thanks for your question !
I totally get the frustration with Stripe's wait times and limits since new accounts need to "warm up" before they can handle bigger volumes. But what we do is set up a unique company for each client, handle the Stripe and EMI setup + integration for cloaking, and let the account sit for a bit before handing it over, therefore it takes time. We also make sure to thoroughly check UBOs to ensure everything's solid long-term. From everything we've seen across hundreds of setups, warming up accounts makes them way more stable after 3-5 weeks, so we always recommend it.
Right now, we're working on cutting the wait time for HK and other jurisdictions to 3-4 weeks. It's been very busy last few months, but we've locked in new sources for reliable UBOs and even keep a few accounts in stock for emergencies. Also, we've temporarily paused onboarding Ukrainian UBOs due to EMI onboarding delays and are focusing on EU-based options and other alternatives instead.
Regarding your concern, a few months ago, we started warming up accounts ourselves, using low-risk, low-CB projects. These pre-aged accounts are good to go right away but cost much more than a fresh setup. Right now, we're offering HK, Singapore, and some European accounts with instant payouts, but they're highly demanded, especially among our long-term clients and revenue-share projects we work with.
Stripe is great for the local payment methods enabled and the conversion rates it delivers in some regions, but yeah, chargebacks can be tricky. We're currently developing our own Chargeback Alert service to help our clients with that.
If Stripe isn't the right fit, we've had good results with Airwallex as payment processor, and we also onboarded custom PSPs in the past based on a particular requests from clients. Those unique requests take longer than our usual flow, but our production department is capable of that.
Hope that clears things up! Let me know if you've got more questions and please PM me for any specific inquiry that we could help with.
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I hear your arguments in favor of stripe, but as they say in French, too much justification is self-accusing, and you seem to be talking too much for nothing.
Your option may be viable for micro projects, but when we're talking about serious projects with more than hundreds of thousands of euros per month, it's not stable your solution, especially if we have to test with several accounts, and weeks or even months to get each account, while large profits are lost every day.
Do you have explored the opening of more robust payment accounts, not just stripe. NMI? Adyen? People need a more robust solution than this Stripe crap, we're sick of seeing vendors selling this crap, especially at prices as high as yours.
NMI is a gateway. Adyen used to be like stripe but 2-3 years ago they made onboarding very complicated with much higher requirements (last time I talked to them they wanted 2 mil/month in processing for high risk). Even checkout.com cleaned up and wanted low-risk doing minimum 1m/month.
There exist high risk processors and it is possible to get them not in your name - but I am not going to share and burn the resource I use. Of course there is also higher decline rates with all high risk processors.
There are ways to manage things and if you do higher volume cloaking advertising you would understand how it is done. It's same with MIDs as it is with Facebook accounts.
But anyway it is not my thread and I don't yet have experience with this service.
But blanket hyperbolic statements don't result in solutions. Yes, the world is not how you ideally want it. You just have to play the game with the cards in your hand.
NMI is very cool, you need to please them a lot and have access to the right people there so you can get a share of what acquiring banks they are connected to and what payment service providers they are connected with. IF you get that far you won't have troubles find high risk payment processors in the future!
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My Journey to successful card processing for Replica, IPTV, Adult and Gaming business.
I keep my journey in the closed forums in Mentor Group for less saturating methods.
Please understand that I don't sell any services or do consultancy, you don't need to contact me about that!
Toggle signature
My Journey to successful card processing for Replica, IPTV, Adult and Gaming business.
I keep my journey in the closed forums in Mentor Group for less saturating methods.
Please understand that I don't sell any services or do consultancy, you don't need to contact me about that!