In the not too distant past a person who owned an escort service tried to keep it a secret. In the public’s eye male owners were akin to pimps and the women were all madams of houses of ill repute. Times have changed and most escort services have changed with them. Unfortunately it is still difficult to set up an escort merchant account.
To say the business world has changed in the last 30 years would truly be an understatement. If you have flown for business in the last month or so, take a look at the demographics of the passengers. There are just as many women in business are there are men traveling to corporate hubs and large cities.
The change in business demographics has opened more avenues in the escort business. There are niche services that cater to business women, business men, gays, lesbians and transgender clients. There are times when an executive – male or female – is required to attend a black tie event that the company or client is sponsoring. Single executives are expected to bring a “plus one.” Very often these executives need an escort for the evening.
When you own your own business the quality of your personnel is key to being a success. Not only do your escorts have to looks like polished, sophisticated individuals, they have to be intelligent enough to carry on conversations with people from all walks of life. In no way do the present themselves as prostitutes or act like a prostitute. Your company has had thorough background checks provided on all applicants – as well as the person who is requesting an escort. The cost of these background checks are built into the fees you charge through your escort merchant account.
However, qualifying for an escort merchant account is not easy. It is a high risk account that big banks and conservative processors just will not touch. They may believe that you are running an above board establishment, but the chances if chargeback are extremely high. Some clients will call their card issuer and say the service was never provided – and this may be after a husband or wife opens the credit card statement.
If you can keep your chargebacks to under three percent, there is an American processor who will gladly open your escort merchant account. You do not have to look overseas for a high cost processor. There are no application fees and you will have an approval in a matter of hours and not weeks. To accept credit cards you do not have to have your own VISA and MasterCard registration. And, the processing fees are extremely reasonable. Their Worry Free Guarantee states that if you are ever unhappy with the bank or processor you have chosen, they will switch you to a new provider in their network, free of charge and you will never pay a cancellation fee.
To get a quote on opening an escort service merchant account click on the button below and get started now!
