Look no further than PayKings, the leading experts in getting your Gentlemen's Club merchant account set up and ready to accept payments
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Do You Need Gentlemen’s Club Merchant Account Solutions?
When it comes to being your go-to gentlemen’s club merchant account provider, PayKings offers fully comprehensive and fiscally savvy solutions for gentlemen’s clubs, strip clubs, adult entertainment clubs, exotic dance clubs, and more. We understand the unique needs of the varying kinds of gentlemen’s clubs, strip clubs, and all adult entertainment adjacent venues and the issues around not being able to accept credit and debit cards or getting approved for a gentlemen’s club merchant account through the traditional payment processing providers.
Many of our customers come to us because they have quickly realized it may be a challenge to find a reliable and reputable gentlemen’s club merchant account. But with a strip club merchant account from PayKings, you can qualify with one of our domestic or international acquiring banking partners in no time at all.
Have You Lost Credit Card Processing For Your Gentlemen’s Club Merchant Account?
You are looking for a gentlemen’s club merchant account and need debit card and credit card payment processing, (let us say, for instance, that you own a strip club). The traditional banks and payment processors like PayPal, Stripe, or Square will automatically deem you as a high risk business because being in the adult entertainment/strip club industry is a reputational risk.
In this scenario, you own a strip club but you also didn’t take the appropriate route to ensure you had the ideal high risk payment processing accounts for your company.
So, what happens next? Well, because you did not avoid the chances of your gentleman’s club merchant account being shut down, that’s precisely where you find yourself. The traditional acquiring banks and payment processors like PayPal, Stripe, or Square froze your strip club merchant account and are holding all the funds within it.
This means you now don’t have any way of promoting your products or services, and all cash flow instantly stops — what’s worse, is that the cash from the services or products you sold are also being held by the banks for the next few months. The only way to avert this scenario is to choose the right payment processing company for your high risk merchant account, right from the get-go.
Learn more about high risk merchant accounts in order to preserve your company’s payment processing.
Why Does Matter and How Can PayKings Help with your Gentlemen’s Club Merchant Account?
When searching for a decent payment processor for your gentlemen’s club merchant account, you will find that it can be a tedious process to successfully begin to accept debit and credit cards. In some sectors, like those who want gentlemen’s club merchant account solutions, you just can’t necessarily walk into a local bank and get a loan — there are many hoops you have to jump through.
The first obstacle is to find a host bank which is permitted within their underwriting procedures to function in the adult entertainment industry, and many of the larger institutions such as Wells Fargo and Chase, do not permit this kind of underwriting for gentlemen’s club merchant accounts.
Payment Gateway and POS Software Integrations
What does this mean for your strip club merchant account? The only real option you have if you want to accept credit and debit cards is to operate with a high risk payment processor, such as PayKings, who will set you up to start processing payments in as little as 3 business days. Importantly, you’ll want a company that can integrate with your gentleman’s club pos software. This is called a payment gateway, and is a key tool for making online transactions.
At PayKings, we like to keep things as straightforward as possible for you. Here’s what you can expect and how we could get your gentlemen’s club merchant account accepting credit cards:
Let our expert underwriting team head to work for one to get you accepted
Start accepting debit and credit card payments and making money
How Can Being Risk Affect Your Gentlemen’s Club Merchant Account?
When your company falls into the category of high risk merchant, the only real option you’ve got for payment processing is to find a company that offers high risk merchant accounts, like PayKings.
Why is this? The mainstream payment processors like PayPal, Stripe, Square, and the like, do not allow payment processing for high risk businesses like those that are in the adult entertainment/exotic dancing market.
Because the aforementioned payment processors do not do their underwriting in-house like we do at PayKings, it’s likely that your strip club merchant account will be accepted at the time of applying – however when they review the business (it can take as long as one to six weeks later), they can immediately decline your strip club merchant account and will immediately shut it down, kick you off their host, and suspend your accounts entirely; meaning ZERO credit card payments will be processed from that point on.
How can you avoid this? Skip the hassle and potential business destroying chances of getting your accounts and money frozen and apply with an expert high risk merchant payment processor, like PayKings.
PayKings understands the unique needs of different Gentleman's Club related businesses and has established 24+ acquiring banking relationships to become experts in getting your Gentleman's Club merchant account set up quickly and accepting online payments.