Why do Adult Service providers need a different Merchant Account?

When merchants look for merchant accounts they do not realize that every business requires a unique account. Not every merchant account provider will cater to all business types.

Adult service providers are considered to be high risk merchants. Many merchant account providers will not want to allow adult service providers to use their accounts---even if they allow other high risk merchants like online pharmacies. The adult business is lucrative but controversial. That is why adult service providers find it hard to create an account and process their sales online.

If they do manage to set up a system to accept credit card payments online the rates are usually astronomical.

What does Instabill.com provide?

Instabill.com is a payment service provider that aims to provide Adult related service providers the chance to maintain their own merchant accounts.

We assess the company, the credit rating and provide a solution for the merchant. If you do not fulfill the requirements for a merchant account we will provide you with a third party merchant account. Once your monthly sales turnover increases to approximately $25,000 Instabill can change your third party account over to your own merchant account.

What are the general Rates adult Merchants pay for their credit card processing accounts?

Adult merchant account rates are assessed on a case by case basis. Adult merchants with high monthly sales turnover in excess of $1 million generally pay between 4-5% for their merchant account, whilst start up adult merchants and, merchants with low monthly sales turnover (less than $25,000 per month) generally receive rate offerings between 7-8%.

What is the usual timeframe from when I submit my merchant account application to actually receiving a merchant account approval?

Instabill generally receives an answer from one of its’ merchant acquiring bank providers within 3 working days. Upon receiving a merchant account approval notice an Instabill Account Manager communicates all the credit card processing terms and conditions of the bank. If the merchant accepts the offer a merchant account contract is emailed to the merchant for them to sign and return the contract back to Instabill. Live processing can usually start 24-48 hours later.

Our approval rate is 98% and if you think your business will be a success we offer you the chance to prove it!

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Applying and processing for a new account with us will take a very short time. Send us your request by filling this application, This is the fastest way to submit your request in our system: