Multimedia streaming is one of the fast-growing industries. After the evolution of the e-commerce industry, the streaming industry has become more in use. People are more interactive with the streaming industry. They are ready to pay for the services of streaming to the merchants. As a result, merchants need a payment processor to accept payments from their customers online.
Multimedia Streaming Merchant Account is the best solution for the merchants to process the payment seamlessly. It makes things more convenient and comfortable for both merchants and customers.
There are various benefits that you get with a merchant account that we will discuss in this blog.
What is Multimedia Streaming Merchant Account?
A merchant account allows merchants to accept and process credit card and debit card payments. Additionally, it helps them to maintain their financial transactions smoothly.
While talking in terms of multimedia streaming merchant account, it is primarily for the merchant involved multimedia streaming industry in supporting merchants in maintaining their financial transaction.
Why need it?
Online business is the best platform for merchants to showcase their products and services to potential customers worldwide. Merchants can easily offer their customers to opt for their products and services with just a click.
But when it comes to generating the revenue from your online business, at that time, you will require a merchant account to manage your financial transactions.
A merchant account will let your customers pay via credit card and debit card.
But, as we all know, the streaming industry falls under a high-risk sector, making things complicated for the merchants to get approval for the merchant account.
Why do banks consider it a high-risk business?
Several risks are involved in this industry which makes it fall under the high-risk sector. As a result, banks and financial institutes do not consider it to provide merchant account service.
Factors that make it high-risk:
- Many chargebacks and risks are the primary reasons to consider this industry as a high-risk industry.
- Fraudulent transactions are another reason that makes it a high-risk industry.
These are some of the primary reasons that make it a high-risk industry. But, it doesn’t mean that you will not get the merchant account. Some other options available in the market will make it easy to get approval for a merchant account.
A high-risk payment processing solution is the perfect solution for high-risk merchants. It helps you get the merchant account approval for the merchant without any hassle.
Get a solution with WebPays
Thanks to the high-risk payment processor, it makes things comfortable and convenient for the merchants.
WebPays is one of the best high-risk merchant account providers in the industry. The expert team will support you in getting approval for the Multimedia Streaming Merchant Account to the merchants involved in the multimedia streaming industry.
Plus, it offers high-risk payment gateway integration with their website to make payment processing way easier for both you and your customer.
There are various other benefits you will get with WebPays. Here are some of them.
Benefits you get–
Multiple payment gateways – Allow your customers to pay via numerous payment methods like a credit card, debit card, eCheck, ACH, mobile payments, etc., and attract potential customers towards your business.
Coinage solution – Get the solution to accept and process payment in diverse currencies from your customers. We get you the ability to allow your customers to pay in their local cash. WebPays supports all major currencies across the globe like the dollar, pound, euro, etc.
Security – Our payment gateway complies with PCI-DSS Level 1 compliance and has SSL encryption technology to secure your card payments and sensitive information from attackers.
Additionally, we equip you with chargeback management and fraud tools to secure your business from the occurrence of chargeback and fraudulent transactions.
Credit card processing – Allow your customers to pay using their credit card and debit card and improve cash flow in your business. Plus, with credit card processing, you can in the list of the competitors.
Offshore solution – Grow your business worldwide with our offshore merchant account and international payment gateway integration with your website. It is the best solution for merchants to accept payment from their global customers.
Customer support – WebPays offer you technical support 24*7 with its merchant account service.
The streaming industry is vast and full of unlimited opportunities for the merchants. Merchants can quickly start their online streaming and begin earning revenue with the help of a Multimedia Streaming Merchant Account.
WebPays is the right destination for the merchants to get the merchant account service.
To get more information about our service and us, connect with our team of experts by filling an online form right away.