Payment Processing for eBooks
Signature Payments has been providing merchant accounts to businesses for over 20 years. As experts in the industry, we have a team of in-house specialists able to help you get your eBook merchant account approved.
With Signature Payments You Get…
Easy Sign-Up
Our application can be accessed online for quick and easy completion in just a few minutes.
Fast Approvals
Our application review process is quick and easy so you can begin accepting payments in no time.
No Hidden Fees
Our team will work hard to get your account approved at the lowest possible rates with no hidden fees or extras.
Flexible Solutions
We partner with multiple banks and offer domestic and offshore solutions for the flexibility you need.
What is an eBook Merchant Account?
An eBook merchant account is a merchant account for businesses that sell electronic books (eBooks). eBooks are read on electronic devices such as an iPad or Kindle and they are a popular option with consumers both due to convenience and price point. Unfortunately eBook businesses are considered high risk and most processors won’t work with these merchants.
There are a few risk factors associated with eBook merchants that make them more prone to chargebacks and therefore categorized as high risk. Those risks include:
- Prevalence of ebook piracy.
- Subscription Model: Recurring billing subscriptions are often disputed by customers.
- “Friendly fraud”: Friendly fraud occurs when a customer tries to dispute a valid payment. This is common with eBook customers.
Securing a merchant account for an eBook business requires a payment processor who specializes in high risk and understands the unique needs of eBook merchants. Signature Payments has a long history of serving these merchants with eBook payment processing. We understand their unique needs and our experience in the space uniquely positions us to provide the solutions and support for your business.
Common Questions About Our eBook Merchant Accounts
What are some unique challenges that eBook merchants face?
If the retailer doesn’t have the ability to track whether the eBook was ever opened, it may have to rely on its best judgment to deny a refund. If this happens, the customer is likely to request that his or her credit card provider or bank return his or her money, resulting in a chargeback. This is why having an eBook payment gateway that offers flexible options is important.