How To Find the Right Credit and Debit Card Processor for IPTV
Internet Protocol Television, or IPTV, is a relatively new product that is starting to gain some mainstream acceptance as a convenient way to consume cable and pay-per-view television over the internet without traditional terrestrial, satellite, or cable equipment. However, it's currently very hard for IPTV broadcasters to find a reliable merchant account provider that will enable them to accept credit and debit card payment from customers via an online payment gateway. This is because IPTV technology is frequently used to broadcast illegally pirated television streams, which leaves IPTV providers susceptible to crackdowns for copyright violations. Many credit card processors will view the entire IPTV sector as high risk for this reason, especially IPTV providers that are based in countries with exceptionally lax copyright enforcement laws.
To help you find a provider that will help your IPTV business accept internet payments, we’ve put together the following list of the best merchant accounts for IPTV. The companies on this list offer recurring billing tools, MOTO processing solutions, offshore merchant accounts, online marketing tools, and other useful services for operating your IPTV provider. They are also known to provide low-commitment contracts with transparent pricing and quality customer service. To find the right provider for your internet TV company, be sure to research each processor’s products and features and compare pricing and terms.
NOTE: The companies on this list specialize in high risk business types, but they cannot control the regulatory climate surrounding IPTV payment processing. There is a chance that none of these providers may be able to serve your IPTV business directly, but they may be able to recommend offshore banking partners that can handle your merchant account.
How to Select the Best IPTV Credit Card Processor
When selecting a credit card processor for an IPTV business in the USA, there are several factors to consider. Here are some of our key considerations.
High-Risk Merchant Account
IPTV is considered a high-risk industry, and as such, not all payment processors will accept this type of business. It is important to look for a processor that offers high-risk merchant accounts and has experience working with IPTV businesses.
Compliance with Legal Regulations
The IPTV industry is subject to various legal regulations in the USA, such as copyright laws and licensing agreements. It is important to select a payment processor that is familiar with these regulations and has the necessary tools to ensure compliance.
Chargeback Protection
Chargebacks can be a common issue in the IPTV industry, so it is important to choose a payment processor that offers chargeback protection and dispute resolution services.
Global Payment Acceptance
IPTV businesses often have customers from all around the world. Therefore, it is important to select a payment processor that accepts payments from a variety of international payment methods and currencies.
Flexible Pricing
Pricing structures can vary greatly between payment processors, so it is important to select a processor that offers flexible pricing options. For example, some processors may charge a flat fee per transaction, while others may charge a percentage of the transaction value.
Security Features
Security is crucial when it comes to payment processing, and it is important to select a payment processor that offers robust security features, such as encryption and fraud prevention tools.
Integration with IPTV Platforms
Finally, it is important to select a payment processor that integrates seamlessly with IPTV platforms. This can help to streamline the payment process and reduce the risk of errors or delays.
In summary, when selecting a credit card processor for an IPTV business in the USA, it is important to look for a processor that offers high-risk merchant accounts, compliance with legal regulations, chargeback protection, global payment acceptance, flexible pricing, security features, and integration with IPTV platforms.
Top Picks for Merchant Services for Internet Protocol Television (IPTV)
#1 PaymentCloud
Top Rated for IPTV Credit Card Processing
Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. The company's products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash advances. PaymentCloud is a good option for IPTV providers with some successful payment processing history.
PaymentCloud provides a dedicated account rep to all new merchants for the life of the account. The company has not received any negative complaints on consumer forums, and it customizes its pricing according to each merchant's business type and processing history. The BBB does not maintain a profile for PaymentCloud at this time, but CPO gives the company an “A.”
PaymentCloud: The Best Credit Card Processor for IPTV Businesses
If you're running a small business that sells IPTV products, you need a reliable credit card processor that can handle high-risk transactions. That's where PaymentCloud comes in. With years of experience working with IPTV businesses, PaymentCloud understands the unique needs of the industry and can provide you with a payment processing solution that meets your specific needs.
Specialize in High-Risk Businesses
One of the key benefits of using PaymentCloud is their ability to process payments for high-risk businesses. IPTV businesses often fall into the high-risk category due to the nature of their products. PaymentCloud has the expertise to navigate the complexities of high-risk payment processing and can provide you with a seamless payment solution.
Reliable Customer Service Team
Another advantage of using PaymentCloud is their commitment to customer service. They offer 24/7 support to help you with any payment-related issues you may encounter. With PaymentCloud, you can be confident that your customers will be able to make payments smoothly and efficiently, which can help improve customer satisfaction and increase sales.
Competitive Pricing and Transparent Fees
PaymentCloud offers competitive pricing and transparent fees, so you can be sure you're getting the best deal for your business. They don't charge any setup fees or monthly minimums, which makes it easy for small businesses to get started with credit card processing.
If you're running an IPTV business and need a reliable payment processing solution, PaymentCloud is an excellent option. Their expertise in high-risk payment processing, commitment to customer service, and competitive pricing make them a top choice for small business owners in the IPTV industry.
For more information, visit the PaymentCloud website or call (888) 506-7859.
eMerchantBroker
Top Rated for IPTV Merchant Services
eMerchantBroker.com is a Los Angeles, California-based company that offers high risk e-commerce processing solutions for many types of digital goods. The company's products include ACH processing, an online payment gateway, merchant cash advance, and a chargeback management system to help merchants dispute and resolve chargeback claims. eMerchantBroker.com can provide affordable online payment processing for legitimate IPTV providers.
eMerchantBroker.com offers custom pricing for each merchant and maintains a low complaint rate relative to its size and merchant portfolio. Our review of eMerchantBroker gives the company an “A” rating overall and the BBB assigns the company a rating of “A+.”
Why eMerchantBroker is a Great IPTV Payment Processor for Small Businesses
As a small business owner who sells IPTV products, finding a reliable and affordable credit card processing service can be a challenging task. However, eMerchantBroker is an excellent option for business owners who want to accept credit card payments from customers who are purchasing IPTV products. Here are some reasons why eMerchantBroker is the best IPTV payment processor for small businesses.
High Approval Rates
One of the biggest challenges for small businesses that sell IPTV products is getting approved for a merchant account. Many traditional payment processors are hesitant to approve businesses in the IPTV industry due to its high-risk nature. However, eMerchantBroker has a high approval rate for IPTV merchants, which means more businesses can benefit from their services.
Customized Solutions
eMerchantBroker understands that every business is unique and has different payment processing needs. That's why they offer customized solutions that cater to specific business requirements. They work closely with their clients to ensure that they get the best payment processing solution that meets their business needs.
Secure Payment Processing
IPTV merchants deal with sensitive customer information and need to ensure that their payment processing is secure. eMerchantBroker uses the latest security technologies to protect their clients' data and transactions. They also have fraud prevention measures in place to protect against fraudulent activities.
Competitive Rates
eMerchantBroker offers competitive rates for their payment processing services. They have transparent pricing and no hidden fees, which means that small business owners can have peace of mind knowing that they are getting a fair deal.
eMerchantBroker is an excellent option for small business owners who sell IPTV products and need to accept credit card payments from customers. They offer high approval rates, customized solutions, secure payment processing, and competitive rates. By partnering with eMerchantBroker, small business owners can focus on growing their business while leaving the payment processing to the experts.
For more information, see the eMerchantBroker website or call (877) 301-3442.
Host Merchant Services
Top Rated for IPTV Merchant Accounts
Host Merchant Services is a Newark, Delaware-based merchant account provider that is able to provide merchant accounts for a large number of high risk business types. The company's products and services include online marketing tools, an online payment gateway and virtual terminal, merchant cash advance, and offshore merchant accounts. Host Merchant Services specializes in e-commerce businesses and provides a free website and email address to interested merchants. Host is a good fit for internet TV broadcasters that also engage in online advertising and sales.
Host Merchant Services has received only positive feedback on public forums, with most reviewers singling out the company's customer service for praise. Host offers custom pricing to all of its merchants, but most merchants will enjoy transparent pricing and the ability to cancel service without penalty. The Better Business Bureau gives Host an “A+” rating, and CPO also gives the company an “A+.”
Why Host Merchant Services is the Ideal Choice for IPTV Payment Processing
Host Merchant Services (HMS) is a leading provider of credit card processing services that offers tailored solutions to small businesses. For small businesses that sell IPTV products, HMS is an ideal choice for payment processing. One reason for this is that HMS offers a wide range of payment options, including Visa, Mastercard, American Express, Discover, and more. This means that customers who want to pay for IPTV products using their preferred payment method can do so with ease.
Committed to Customer Data Protection
Another reason why HMS is a great option for IPTV payment processing is that they provide a secure payment gateway that ensures customer data is protected. With the rise of online fraud, it's essential that small businesses prioritize security when accepting payments. HMS's payment gateway employs the latest encryption technology to keep sensitive customer information secure.
Transparent Fee Structure
Additionally, HMS offers competitive pricing for their payment processing services, which can help small businesses save money in the long run. They have a transparent fee structure with no hidden charges or cancellation fees, making them a reliable partner for small businesses looking to accept credit card payments for IPTV products.
Host Merchant Services is a great choice for small businesses that sell IPTV products and need to accept credit card payments. Their comprehensive payment processing solutions, secure payment gateway, and transparent pricing make them an ideal partner for any small business looking to streamline their payment processing operations.
For more information, visit the Host Merchant Services website or call (888) 727-4538.
Additional Options
National Processing
Active since 2008, National Processing is a merchant account provider leading the industry’s move toward flat-rate, subscription-style pricing. The company’s products and services include EMV-compatible countertop terminals, a virtual terminal, an online payment gateway, an online shopping cart, mobile phone processing, QuickBooks integration, online invoicing, and recurring billing. National Processing may be able to assist domestic and offshore IPTV companies on a case-by-case basis.
National Processing offers multiple pricing plans with different rates. Merchants can select either a plan that charges a flat fee on all transactions or a plan that charges a fixed monthly fee plus a fixed per-transaction dollar amount above interchange. In other words, merchants can choose whether or not they are charged a percentage markup on each transaction. National Processing currently has an “A” rating on CPO and an “A+” rating with the Better Business Bureau.
Why National Processing is a Top Choice for IPTV Payment Processing
National Processing is a top choice for small business owners who sell IPTV products and need to accept credit card payments from their customers. IPTV products are rapidly gaining popularity in today's world, and National Processing understands the unique challenges that come with accepting payments for these products. With their advanced technology and user-friendly platform, National Processing makes it easy for small businesses to accept payments securely and efficiently.
Proficient in High-Risk Transactions
One of the key reasons why National Processing stands out as a top IPTV payment processor is their ability to handle high-risk transactions. IPTV products are often considered high-risk because they can be associated with piracy and copyright infringement. National Processing has experience working with high-risk merchants and can help small business owners navigate the complexities of accepting payments for these products. They also offer chargeback protection to help minimize the risk of chargebacks and disputes.
Competitive Rates and Fees
Another reason why National Processing is a top choice for IPTV payment processing is their commitment to providing competitive rates and fees. Small business owners can save money on processing fees while still receiving the high-quality service they need to run their business effectively. National Processing also offers transparent pricing, so there are no hidden fees or surprises.
Exceptional Customer Service
In addition to their advanced technology and competitive rates, National Processing also provides exceptional customer service. Small business owners can count on their team of experts to provide personalized support and guidance throughout the payment processing journey. National Processing's customer service team is available 24/7 to answer questions, troubleshoot issues, and provide ongoing support.
National Processing is the top choice for small business owners who sell IPTV products and need to accept credit card payments from their customers. Their advanced technology, ability to handle high-risk transactions, competitive rates and fees, and exceptional customer service make them the ideal partner for IPTV payment processing.
For more information, visit the National Processing Website, or call (385) 777-1235.
Square
Founded in 2009, Square is a merchant account provider based in San Francisco, California. The company offers a suite of services designed for specific applications, like Square for Retail and Square Online Store. Square Payments is a good fit for older IPTV providers but may not be able to serve newly launched IPTV companies.
Square sets itself apart from most payment providers by offering its services by charging one flat transaction fee. Square has earned an “B” rating in our review as well as an “A+” rating with the BBB.
Why Square is the Ideal Credit Card Processing Option for IPTV Businesses
As the demand for IPTV products continues to grow, it's essential for small business owners in this industry to have a reliable and efficient credit card processing service. Square is an excellent choice for IPTV business owners who need to accept credit card payments from their customers.
Easy IPTV Payment Processing
Square offers a seamless payment processing experience for IPTV businesses. You can accept payments from your customers through various channels, including in-person, online, or even via mobile devices. This versatility allows you to provide a better payment experience for your customers and streamline your payment processing operations.
Competitive Pricing
Square offers competitive pricing plans that are ideal for small businesses, with no monthly fees or long-term commitments. You only pay a small percentage of each transaction, making it an affordable option for businesses of all sizes.
Security and Fraud Protection
Square takes security and fraud protection seriously, and they offer a range of security features to help keep your business and your customers safe. This includes EMV chip card acceptance, tokenization, and encryption, so you can rest assured that your customers' payment information is secure.
Integration with IPTV Platforms
Square can integrate seamlessly with various IPTV platforms, making it easy to accept payments directly from your website or app. This integration also allows you to manage your payments, inventory, and customer data in one place.
Square is an excellent credit card processing option for IPTV businesses. Its ease of use, competitive pricing, security features, and integration with IPTV platforms make it the ideal choice for businesses in this industry. If you're looking for a reliable payment processing solution for your IPTV business, Square is definitely worth considering.
Frequently Asked Questions: IPTV Credit Card Processing
Merchant accounts for IPTV (Internet Protocol Television) are financial services that allow IPTV businesses to accept credit card and electronic payments from their subscribers. IPTV services deliver television content over the internet, and a merchant account enables them to process recurring subscription payments and one-time transactions for their services.
IPTV businesses are considered high-risk by many traditional payment processors due to copyright concerns, potential chargebacks, and regulatory issues. Specific merchant accounts designed for IPTV services cater to the unique needs of this industry and offer tailored solutions to manage payments and mitigate risk.
To find the best merchant account for your IPTV business, follow these steps:
a. **Research High-Risk Payment Processors:** Look for payment processors with experience in serving high-risk industries, including IPTV. Check if they explicitly support IPTV businesses.
b. **Check Legal Compliance:** Ensure the merchant account provider complies with all relevant regulations and legal requirements related to IPTV services in your target regions.
c. **Compare Fees and Rates:** Evaluate the processing fees, transaction rates, and other associated costs of each potential merchant account. Choose a provider with competitive rates suitable for your IPTV business's size and subscriber base.
d. **Subscription Billing Support:** Verify that the merchant account supports recurring billing for IPTV subscriptions, as this is a crucial aspect of IPTV payment processing.
e. **Risk Management Tools:** Check if the provider offers fraud prevention tools and risk management features to protect your IPTV business from chargebacks and potential scams.
Using a regular merchant account for an IPTV business can be challenging due to its high-risk nature. Many mainstream payment processors may not accept IPTV businesses or may impose strict limitations. It's best to work with a specialized high-risk payment processor that understands the unique requirements of IPTV services.
IPTV businesses need to ensure that the chosen merchant account provider is aware of the specific challenges and regulations surrounding the IPTV industry. It's essential to partner with a provider experienced in handling high-risk businesses and familiar with the complexities of IPTV content delivery.
The time it takes to set up an IPTV merchant account can vary depending on the provider and the complexity of your application. Typically, the process can take a few days to a couple of weeks. Initiating the application process early can help ensure a smooth setup.
Yes, many IPTV merchant account providers support international payments. However, it's essential to verify that the provider can process payments in the countries where you offer your IPTV services.
Security is crucial for IPTV businesses. Look for a merchant account provider that offers robust security features, including PCI DSS compliance, encryption protocols, and fraud prevention tools to safeguard both your business and your subscribers' payment data.
IPTV merchant account providers may have restrictions on processing payments for certain types of content. It's important to clarify with the provider if your specific IPTV content complies with their acceptable use policies.
Yes, in most cases, you can switch IPTV merchant account providers if you are not satisfied with their services. However, be aware of any contractual obligations or termination fees that may apply.
Jackson
I wish to express my heartfelt appreciation for your comprehensive and enlightening article on “Best Merchant Accounts for IPTV”. As someone involved in the IPTV industry, your guide has been an invaluable resource in helping me to understand and navigate this specialized area.
Your detailed analysis of each merchant account, highlighting their unique advantages, potential drawbacks, and key features, was masterfully done. You’ve taken a complex subject and distilled it into accessible, clear language that is easy for readers like myself to understand.
I particularly valued your focus on key elements such as transaction fees, customer service, and security measures. Your insights into the specific needs of the IPTV industry, including handling international transactions, mitigating chargeback risks, and managing high-volume sales, were especially useful.
The depth of research, time, and expertise you put into this guide is evident. Your commitment to providing accurate, relevant, and practical information has simplified what can be a daunting decision-making process, enabling professionals like me to make more informed choices.
Thank you once again for your significant contribution to this field. Your hard work, dedication, and expertise are greatly appreciated.