Payment Processing - 3rd Party Processing Industry

You tried eftglobal?

EFT Global ltd - Safe. Innovative. Transparent.

jonesey2324fw said:

Do you have experience with them? Thanks

None unfortunately.

jonesey2324fw said:

Hi there,

I'm looking for some advice on payment processors in a high risk industry.

I have a website in the 3rd party processing industry which most payment processors will not touch, Stripe closed my account and are holding the funds for 90 days. I have reached out to a lot of payment processors and merchant acquiring banks who have said no. However I have found 2 who have said yes but they won't offer us a payout frequency which suits our business and cashflow needs, they are offering weekly payouts plus 3 working days.

Does anyone know if stealth paypal accounts would suit this business model, my only concern is if PayPal hold the money.

Open to any other suggestions.

Did you found any solution?

What exactly is it you are doing, I mean, what is your business? and you say 2 have approved your business what are the terms you refuse?