Adult Toys Payment Processing
As exciting as being in the adult toy industry is, merchants quickly discover that banks treat adult toy payment processing differently. Sex toys are objects or devices that facilitate sexual pleasure. And these vendors all need sex toys merchant accounts.
Adult toys and adult entertainment are part of a classification called “high risk.” It may be surprising that several other industries are included in the high risk space. However, more business owners know that the adult market has additional regulations. Therefore, acquiring banks and payment processors have stricter policies when accepting adult merchant accounts.
Ready to accept payments anytime, anywhere?
Adult Toys Payment Processor
It is no surprise to state how big the adult entertainment market is. In fact, as of 2008 the adult toy industry was valued at $15 billion worldwide. In addition, forecasts show a growth rate of 30% in the industry.
To set up your adult toy business and capitalize on the continual boom of the adult toy industry, you’ll need a reliable high risk payment processor. Luckily, the unique, long-standing banking relationships that PayKings has allows our experts to process adult toy payments.
Adult Books and Magazines Merchant Account
Books and novels of a sexual nature are still quite popular. These businesses need specialized payment processing as well. Securing adult industry credit card processing is crucial from adult graphic novels to adult magazines and adult books.
To sell any adult books and novelties, a high risk merchant needs to find payment solutions. Search our trusted payment processing specific to adult book merchants regarding adult book billing solutions.
Credit Card Processing for Adult Toys
Since acquiring banks label adult toy sales as high risk, payment processors must adhere to stricter guidelines when setting up payment solutions.
That said, it is extremely important, that adult toy merchants in the high risk space know about the products in the industry. A sex toy merchant is also responsible for knowing about their options for adult toy credit card processing. Additionally, the adult toy market is vast and constantly changing, so adult toy merchants must stay current on sex toy trends.
Types of Toys for Adults
Adult toys range vastly in purpose and preference. Furthermore, each day new adult products hit the market.
This consistently changing market for adult toy sales offers enormous potential for merchants in this space. If you are looking to take advantage of this adult toy market potential, it’s good to have an idea of the landscape of sex toys.
Below is a list of some of the more popular kinds of toys for adults:
- Glass Sex Toys
- Sex Swings
- Prostate Massagers
- Erotic Furniture
- Anal Beads
- Nipple Clamps
- Erotic Electrostimulation
- Anal Toys
- Artificial Vaginas
Adult Toys Industry Payment Solutions
If your adult payment processor has turned your adult toys merchant account off, Signature Payments has solutions to turn you back on. When finding a long-term adult toy payment gateway, our experts offer comprehensive and financially sustainable sex toy merchant accounts.
Contact our helpful payment experts today to start setting up your adult toy debit and credit processing.
Top Payment Gateways
Top Payment GatewaysMay 26, 2023 | Gateway, Payments If you’re running an online business, you know how important it is to have a reliable payment gateway. Your payment gateway is what allows you to accept payments from your customers. There are a lot of different payment gateways out there, so…
Mastering Sales During a Crisis
I have had a number of questions lately from salespeople lately. Some are concerned about the next 30 to 60 days and are looking for direction. Others are using the time to change how they sell. They have been selling face to face, asking for statements,
Finding a Payment Processor for Adult Merchants
All businesses are unique. Every restaurant, grocery store, book shop and retail boutique have their own way of running their business. They have their own image, unique inventory mix, proprietary process, brand, etc. That “thing” that makes them unique.
Modern RiskMay 24, 2023 | Payments, Risk For years, merchant acquirers have, out of both necessity and routine, utilized fairly streamlined categories and criteria when determining how to assess the risk a new merchant possesses. Whether credit, fraud, or reputational risk, the requirements primarily revolve around business type or MCC…
Square TerminalMay 22, 2023 | Payments A Square terminal provides a modern interface to process your payments. Square is one of the largest payment processors in the world. As a result, their terminal technology is fast and easy-to-use for merchants and customers alike. It’s likely you’ve used a Square terminal…
Compelling Evidence 3.0, Visa
Compelling Evidence 3.0, VisaMay 22, 2023 | Payments, Signature News Empowering Merchants to Combat Friendly Fraud For online merchants, the worst kind of fraud is the friendly kind. Malicious fraudsters utilizing scaled techniques are comparably easier to catch when you have a…
How To Accept Bitcoin As Payment
How To Accept Bitcoin As PaymentMay 22, 2023 | Payments To accept Bitcoin as payment on your website you’ll need to install a crypto payment gateway. A gateway exchanges the data between the customer’s account and yours. These integrations are found through payment processors that support cryptocurrency exchanges. If you…
Elon Musk’s Twitter Payment Platform
Elon Musk’s Twitter Payment PlatformMay 19, 2023 | Payments Elon Musk has recently made a splash in the payments industry with his new Twitter Payment Platform, which promises users a fast and secure way to transfer money. But is this platform a threat to other payment processors? In this article,…
Accept Crypto Payments On Shopify
Accept Crypto Payments On ShopifyMay 19, 2023 | Payments With a surge in Bitcoin popularity, many eCommerce stores want to accept crypto payments on Shopify. Customers seek new options and checkout, and among them is cryptocurrency. For online stores, this means adapting payment gateways that suit alternative forms of payment. …
How to Accept Crypto Payments
How to Accept Crypto PaymentsMay 17, 2023 | Payments If you want to learn how to accept crypto payments, follow these simple steps. Find a cryptocurrency integration that works with your website There are major solutions like Bitpay or Coinbase that work with major websites If you currently have a…