The IPTV industry has a vast possibility to grow, and it serves millions of customers. However, at the same time, the countless online payments it receives can be under considerable threat. There can be tricky people who commit fraud by hacking customer i.ds or anything unpredictable. With threats like these, IPTV gets the tag of a high-risk business. Due to a bad experience and less security, chargeback incidents may also happen and increase.
It is why traditional banking and conventional financial organizations express discomfort in offering a business account to receive payments. An IPTV high-risk merchant account can help businesses receive payments as a solution.
What is IPTV?
IPTV is the Internet Protocol Television that uses the internet to deliver videos and tv programs either live or on-demand. It is a digital television service that works through internet protocol technology. The customers need to subscribe to the service.
Examples of IPTV are – Netflix, Disney Hotstar, Amazon prime etc..
What is a high-risk IPTV merchant account?
A high-risk IPTV merchant account is a type of business or commercial account where a merchant can receive payments from its end-users. When the customers subscribe to the digital television service, they make online payments, and the money gets gathered in the merchant account.
A merchant account is provided by an acquirer bank that is ready to provide services to merchants from a high-risk industry. The business owner can transfer the money from this account to his business account in a traditional bank. The acquirer bank may belong to some other country. It is the reason that merchants also search for off-shore high-risk merchant accounts.
What are the features of an IPTV high-risk merchant account?
If you are looking for a suitable IPTV merchant account, it is better to know some relatable features.
How do IPTV merchant accounts nullify challenges for the businesses?
The merchant account is backed-up with multiple features and facilities that make it easy for the businesses to flourish even in a risky market. Specific challenges are always associated with the IPTV industry, but thanks to the IPTV merchant accounts, as can nullify them.
What type of equipment or software should you use to process credit cards?
No particular rule applies to all businesses. The business type is a decisive factor, and the merchants select their options accordingly. Also, you should know that you can take the equipment or software on lease or buy it.
Amald, customizes its merchant account solutions. We suggest you suitable options depending on your scale of business and audience type. We keep updating our technology. You can stay sure about the uncompromised performance of the software and equipment we provide.
How to apply for an IPTV high-risk merchant account?
You need to fill out a simple online application. We will classify you under the tag of high-risk merchants with other similar businesses. We will need all your business account details, and the level of risk from fraudsters needs to be measured.
How much time does it take to get an IPTV payment gateway?
Although it varies from one provider to the other, with Amald, it takes 5 to 7 business days to finally get your merchant account. Usually, the formalities complete in a maximum of 5 days, and we expect you to provide us with the information on time. Your timely cooperation in the formalities can help us take things forward faster.
With uncompromised features and 24×7 assistance, IPTV high-risk merchant accounts are always available for you. At Amald, we make things easier for our high-risk industry clients. We have served IPTV business customers and have earned their trust. We are happy to help you if you need any support and solution on a merchant account.