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.
Best Merchant Accounts for Internet Protocol Television (IPTV)
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.”
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+.”
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+.”
Durango Merchant Services is a well-established high risk payment processor headquartered in Durango, Colorado. The company has been serving both U.S. and international merchants with an emphasis on difficult-to-place merchant types since 1999. Durango can supply processing for face-to-face, mobile, and e-commerce merchants and offers a wide range of services including an online payment gateway with QuickBooks integration, POS equipment, electronic check processing, and offshore banking partnerships. Durango may be able to assist domestic and offshore IPTV companies on a case-by-case basis.
Durango has received overwhelmingly positive feedback with regard to its sales and support team and offers custom pricing depending on a merchant’s business type. Our review of Durango Merchant Services gives the company an “A+,” and the Better Business Bureau awards Durango an “A+” as well.
Based in Scottsdale, Arizona, Vantage Payments is a merchant account provider that can provide both domestic and offshore merchant accounts for high risk merchant types like internet TV stations. The company’s products and services include point of sale equipment, remote deposit capture, European direct debit, call center services, multi-currency support, web design, and SEO assistance. Vantage Payments is an especially good fit for older IPTV providers but may not be able to serve newly launched IPTV companies.
Vantage Payments currently has a clean complaint record across all review websites, which is an impressive feat for a company specializing in offshore merchant accounts. Our review of Vantage gives the company an “A” rating at this time, while the BBB gives Vantage an “A+.”