Many processors are shutting off good merchants!  
The MAIN reasons why?

RISK!
Merchant accounts are all based on risk.  Bank underwriters assess the risk of letting you accept credit cards.  What''s the risk?  More than you might think.

Merchant accounts are similar to loan accounts.  As a merchant, you make a sale.  The bank pays you within days for that sale...then gives the customer a bill and waits, and waits.  The bank has paid the merchant and expects to collect funds from the customer once they pay their credit card bill.  What happens if the bank pays the merchant, the customer disputes the charge, and the merchant disappears with the money?  THAT IS THE RISK...and while merchant processors claim they want your business, they really don''t like risk. 

CHARGEBACKS!
A very dirty word in the credit card processing industry.  Chargebacks are caused by a customer disputing a charge.  It is a very arbitrary process that can vary bank to bank.  For example, two different people can contact two different credit card companies to inquire of a charge, meaning they are not sure what the charge on their statement is for.  One bank representative might put in an INQUIRY to check on the charge, while the other might just issue a chargeback.  There are specific guidelines for chargebacks and you can learn more about them on our site.  The bottom line is, a customer has 60 days from the date of their last statement to dispute a charge.  A fraudulent merchant can rack up a tremendous amount of sales, get paid by the bank, and then disappear, leaving all these chargebacks coming in.  The merchant''s bank pays the money back but the merchant is gone!  Again, RISK!   So, if you think that some processors are picky in the application process, now you know why. 

Look, we know that processors like CardService, ibill, Paysystems, and many more are shutting off merchants every day.  Some do it as an arbitrary decision.  One large processor was recently  purchased by a BIG COMPANY.  The buyer''s Board of Directors decided that they didn''t want adult merchants anymore.  With that decision, thousands of merchants received an email that their accounts were being shut down within a matter of days.  It happens every day...but not with Paybyweb.

We have been in business since 1992.  We don''t believe it is our place to tell you what kind of business is ethical or not (but we take issue with child pornography and bestiality). We don''t have a "morality clause".  Our business is to process payments, and that is what we do.  Every day we get calls from adult or other high risk merchants who have been declined, shut off, or are shopping to find a processor.   We hear the surprise in their voice when we say, "We can have you up by tomorrow."  They don''t believe it!  But, once they apply, they become a believer!

Let us provide you with the same service!