I'm Touring The United States! Starting in June, I'm conducting private events in 23 American cities. Click here for full details.

Post Reply 
Business Payment Processing Gateway Alternative to PayPal?
Author Message
rahatgetnada Offline
Pigeon

Posts: 5
Joined: Mar 2019
Reputation: 0
Post: #26
RE: Payment Processing Gateway Alternative to PayPal?
(06-17-2019 03:15 PM)Crusader Wrote:  I have been told that I can apply for processing with banks.

But I thing it's waste of time. Mainly because banks have longer and more complicated application process. Their verification criteria is more complex. If this industry is something that even PayPal doesn't let me to be there, I'm sure banks would reject me on spot. So it will be just tons of paperwork I have to send them along with hundreds of hours of my time.

Sorry, I can't seem to message you direct. Did you fix your issue? My friend says he can get it set up, but it's not cheap. What's your budget?
06-19-2019 12:56 PM
Find all posts by this user Like Post Quote this message in a reply
seekinglogos Offline
Pigeon

Posts: 1
Joined: May 2019
Reputation: 0
Post: #27
RE: Payment Processing Gateway Alternative to PayPal?
(06-17-2019 03:15 PM)Crusader Wrote:  I have been told that I can apply for processing with banks.

But I thing it's waste of time. Mainly because banks have longer and more complicated application process. Their verification criteria is more complex. If this industry is something that even PayPal doesn't let me to be there, I'm sure banks would reject me on spot. So it will be just tons of paperwork I have to send them along with hundreds of hours of my time.

I sell in a high risk category as well (dietary supplements), and had similar issues in the past with Paypal and Stripe. I was eventually able to get up and running by applying directly with banks, though it was a long grind before getting approved by one. Paypal is far pickier than banks in my experience, and local banks tend to be less picky than large chains.

I'm not familiar with your particular niche and how banks will treat it, but there are high risk processors that cater specifically to categories that normal processors won't work with. (emerchantbroker, paykings, soarpay, etc...)
06-19-2019 03:58 PM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 1 user Likes seekinglogos's post:
Handsome Creepy Eel
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  [Education]  Alternative Gaming Forum Kentemo 13 1,937 10-16-2019 10:36 PM
Last Post: Eban
  Alternative ways to buy/sell Bitcoin Roosh 22 8,423 11-26-2018 03:07 PM
Last Post: JayJuanGee
  Alternative to Barbell rows? too much lower back pain Mr.GM 36 48,424 11-01-2018 01:19 AM
Last Post: BeardedMastodon

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication