The 10 Best Escort Merchant Account
Although the adult industry is growing steadily in the UK, offering very lucrative opportunities for business owners in the industry, securing escort merchant processing services has proved difficult. The reason is that escort services business are considered high risk.
This is largely due to high chargeback rates, recurring payment plans, high tickets, strict laws, and even potential fraud. What doesn’t help is that there is a stigma attached to businesses whose purpose serves to promote sexual encounters.
Chargebacks occur because this type of service is strictly confidential. The customer is likely to be hiding this activity from family and friends. There are cases where customers make these transactions via stolen cards. This eventually leads to money laundering. Sometimes even merchants use their website as a cover for money laundering or even to promote illegal prostitution.
Despite all of the aforementioned risks and illegal activities tied to this industry, there are businesses that do perform their services within the legal parameters. With this in mind, there are reputable merchant providers who are willing to work with those in the escort services industry. Here are the top 10 merchant providers who offer their services.