2Checkout has rejected my application because my product line is related to MLM. Authorise.net does not accept non-USA applications. Is there another reliable company that I can check out that will allow me to take CC payments with MLM-related products?
Well Authorize.net will accept non-USA from time to time. But it is only an electronic payment gateway so you need a merchant account as well to accept credit cards. MLMs are high risk because most of them just do not work out. Now some of the processors who don't seem to care are Money Bookers, CCNow, CCAvenue. These companies might have a bit more lax policies but of course using them you might not be able to do certain things (like accept MasterCard on one of the IPSPs). Check with those companies to see if they can support you
Is there anyway I can sign up at Authorize.net? I sumitted my application but I did not hear from them for past 1 week.
If you just went to Authorize.net - that is only a gateway, not a provider. You need to make sure you are getting a merchant account and the gateway. Just having an account at Authorize.net won't be too much help
Well, according to Paypal Terms and Conditions, MLM Payment and Receipt is totally againsts their TOC. http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/ua/use/index_frame-outside&ed=rich_quick
Sorry, call me dumb but.... How do you get a merchant account? I heard that it's expensive to do so right?
You get a merchant account from your bank. This allows you to accept credit card transactions. As for the cost, check with your bank.
Nkthen, I don't know if I am too late or not, but I have been using these guys for a while- www.autodrafts.com They provide me with automated payments and the processing fees are lower than a merchant CC account. I get nice checks in the mail from them every two weeks. Anyway, you might want to check them out. Slim
I actually went directly with Authorize.net and they assigned me a Merchant Account after I completed the application. I also did not use a reseller since their corporate office is only a few miles away from my office. I also work with the MLM industry building marketing tools for the companies and distributors. I did not have a problem getting an Authorize.net account. One of the MLM companies that we are working with right now is also an Authorize.net user, so I don't think they turn all MLM's away. Good luck! UltimateBuilder
check out ww.payleap.com and ask to speak with Scott Miller. They work with MLM companies, off shore companies, no caps on the amount of money coming in per month. Here is the companies info and Scott's: Scott Miller President/CEO PayLeap 3594 E US HWY 30 Warsaw, IN 46580 Tel. 877-472-9532 Ext.101 Mobile. 574-323-5760 Fax. 925-955-8987 smiller@payleap.com www.payleap.com
If you are still looking for a processoor we specialize in in High-risk merchant accounts both domestically and offshore including MLM accounts. Please feel free to email me at devan.abrams@pegasusfinancial.us or call me directly at (718) 869-3484 and I can discuss all of our MLM processing solutions with you. -Devan