Europe | IBS Payment Solutions

B2B Credit Card Processing & Merchant Account Services

As a business selling primarily to consumer, you might not necessarily be aware of B2Bpayments. B2B stands for business to business, which complements B2C i.e. business to consumer which includes payment transaction trends merchants are more than familiar with.

Now you may think payment processes for B2B and B2C may be similar, but that’s not it. Transactions happening between two businesses vastly vary and are far more complex than a merchant simply accepting payment from a consumer. The B2B transaction process is expensive, unsafe and clunky involving multiple banks, phone calls, long waiting periods and so on.

The B2B payments market is burgeoning with opportunity.

According to McKinsey Global Payments Report 2018,“The 11 percent growth generated by payments— which topped $1.9 trillion in global revenue—is the largest annual increase we have measured in the past five years. The milestone of a $2 trillion global industry is set to be surpassed two years sooner than expected.”

Although delayed, business to business transactions are becoming quicker and simpler with the adoption of digitalized payments.

Obtain Cost-Effective B2B Credit Card Processing & Merchant Account Solutions For Your Business

Setting up a B2B merchant account is slightly different than your regular merchant account.

Although payment methods available for both consumer and business transactions are the same, only difference being that the chosen options should fit your business appropriately.

B2B credit card processing transactions often happen via specialized cards such as corporate or business cards. Security, low fees and easy payments are the top requirements concerning B2B payments.

Credit Card Processing for B2B merchants can be expensive but the costs can be reduced significantly if you manage to take advantage of the lower interchange rates available. Enhanced payment technology and in-depth information can get you qualified for level 2 and level 3 credit card processing.

Acceptance of level 2 and level 3 processing by merchant account providers can reduce your processing fees and increase profit.

A customized B2B merchant account providing efficient and secure credit card processing services with additional features such as an integrated payment gateway, mobile payments, recurring billing solution and acceptance of all corporate cards including level 3 payments can help in seamless business transactions.

Adult Merchant Account Solutions For Gentlemen’s Club or Strip Club Businesses

Controversial yet highly-profitable, that’s how you describe the adult entertainment industry; an industry that is currently worth a $100 billion.

Discretion and convenience while paying for services have been a long-standing demand for customers of the adult entertainment market. However, many merchants have trouble obtaining secure merchant account services to accept credit cards. It is nearly impossible for an adult business to approach a traditional merchant bank or payment processor since these types of businesses are largely on the restricted or prohibited merchant list.

Why are you denied an adult merchant account for your strip club or gentlemen’s club business?

Simply the nature of your business is enough for banks and processors to quickly turn you down. Gentlemen’s clubs, strip clubs, adult entertainment clubs, exotic dance clubs, legal brothels, etc – if you are operating one of the businesses mentioned then you automatically classify as a ‘high-risk merchant’.

Frauds, scams and identity theft are common in this industry. Fraudulent users, Recurring subscriptions, fronting illegal activities, CNP transactions, etc make adult businesses a hotbed of fraud.

Higher than average chargebacks from customers also make this business risky for banks. Also, banks consider being associated with adult entertainment businesses as a reputational risk or damage to their brand.

Processors like Stripe, Paypal, Square also avoid such businesses for the same reasons.

At times, merchants end up paying high application fees only to be rejected. The constant rejection sometimes forces businesses to accept processors that charge higher fees and rates, often settling with poor services as well.

How to improve your chances of getting approved for an Adult Merchant Account?

Make sure you take care of any outstanding credits and pay off your debts. A positive credit history increases your chances considerably.

Save up! Your merchant account provider may open a reserve account on your behalf for security reasons in case of any future financial emergency. This is for your security.

Remember you are operating a risky business so don’t be surprised if you find yourself paying higher than average processing fees. But also be careful and ensure that there no hidden costs and you are not being duped with extravagant charges.

Do not try and pass off your business as something else other than what it is. Be completely honest about the services offered or products sold. Mention if your previous merchant account had been shut down or if you had gone bankrupt. Honesty ensures a long and positive relationship with the provider.

Be ready with legal and valid documents that give proof of your legitimacy at running an adult business. If you are in compliance with laws and regulations, there should be no reason to stop you from obtaining an adult merchant account.

Find reliable Adult Merchant Account solutions for Gentlemen’s Club/Strip Club businesses

With many of gentlemen’s clubs, strip clubs, exotic dance clubs and other such adjacent adult entertainment businesses running online, customers need a secure and easier way to make online payments for reservations and bookings.

Has your merchant account been shut down or been looking for merchant account solutions for your adult business? There are plenty of reliable and secure adult merchant account providers that understand the complexity of this industry and offer fair prices and tools to leverage your business.

As a high-risk merchant, you need to do pay due diligence and consider not only an adult merchant solution that provides the best rates or offers but the one that is the most dependable in the long run. After all, you do not want your credit card processing services to stop abruptly and your accounts to be frozen shut.

Do your homework, look at options and find an experienced Adult Merchant Account solution with top features, good quality services, and affordable rates.

Why do you require Secure Payment Gateway solutions for your Forex business?

The foreign exchange market or Forex, in short, has to be one of the most exciting and fast-paced industries today. Transacting in the forex market and making money through moving currency rates and values is growing in popularity and will continue to do so. With the number of traders increasing every year, not only is the market expanding but it is also becoming competitive. It is also indicative of the increase in the number of forex brokers entering the profitable industry to take advantage of the growth.

To one-up each other and stay ahead in the game, forex brokers need to offer convenience and better service to traders. A forex merchant account has become a necessity for brokers in order to provide safe & efficient payment processing services to its clients.

Online payments have become critical for the long term success of any business. And to receive online payments via credit/debit cards for their forex platform, online brokers require a secure payment gateway. By integrating a payment gateway compatible with your forex trading platform, it will ensure fast, reliable and convenient trading for clients.

An ideal secure payment gateway will give you and your traders a number of options and benefits, especially if you service to customers on a global level:

Uninterrupted payment processing with no delay in transactions
Multiple payment processing methods like e-wallets, e-check, vouchers, bank wires etc.
Accept International payments with multi-currency payment processing
PCI-compliant secure payment gateway to avoid a data breach and provide safe transactions
Real-time monitoring & Fraud Prevention tools
Complete control over your payment process

Though at first glance, all the payment solutions may look the same but it is essential to investigate various providers as their services often differ from each other before settling for one that fits your business the best.

Find the right secure payment gateway solutions you need to expand your forex business.