I launched a new website selling adult novelties through Shopify and was recently informed that I cannot use Shopify payments due to the nature of my products. I will either have to remove certain products to continue using this merchant for payments or find a new payment merchant. There was a suggested merchant to look into but the fees are quite high for a new business. I would be paying out more in fees than what I am collecting in sales.
Currently, my customer's credit card transactions are being declined unless they go through PayPal.
Do you guys have any suggestions on payment merchants for this type of store? Please help.
Hope you're having a great day!
You should check out these payment gateways or specialists:
For companies offering subscriptions, you should check out Pinwheel, which is the only payment processor that supports recurring billing for high-risk products!
Sezzle is a convenient and high-risk-supported payment solution. Sezzle'ss innovative approach to sales growth allows customers to split up their total purchase into four interest-free payments lowering the objection to purchasing.
eMerchant Brokers has also partnered with Shopify to save merchant's time with their high-risk payment processor. To get a full understanding of how they can help Shopify sellers, you would need to fill in an application form.