Digital Goods/Services Merchant Accounts

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Last Updated on October 13, 2023 by Corepay

Digital goods products/services merchant accounts are often not perceived as something that would be labeled high-risk. However, with most transactions being card-not-present and most services in the industry handling their fair share of chargebacks, the industry finds itself in the risky column by banks and processors.

Fortunately, we have two decades of high-risk experience and have boarded and helped grow thousands of digital goods companies.

When it comes to digital goods, the services vary heavily, so having a company experienced in every outlet is critical.

Please note we also offer merchant accounts for the following similar industries:

Key Takeaways

  • Digital goods merchants often need help in processing payments due to higher chargeback rates and unfair scrutiny.
  • There are now more options for affordable merchant accounts specifically designed for digital goods businesses.
  • When selecting a credit card processor for digital goods, it is important to consider factors such as compatibility with e-commerce platforms, support for automatic delivery and download links, credit card processing fees, security features, customer support options, reputation, and international payment support.
  • Corepay offers highly competitive pricing and we can integrate with all major payment gateways and CMS’.

What Is A Digital Goods Merchant Account?


This type of merchant account is specifically designed for businesses specializing in selling digital goods and services.

Examples include gaming services, ebooks, web design, telecom, streaming media, digital content, digital downloads, SEO, SEM, software, etc.

Digital goods merchants are often considered high risk by most payment providers and banks due to factors such as piracy and subscription disputes. However, Corepay has extensive experience serving digital goods merchants in high-risk areas. 

Types Of Digital Goods & Services We Process

We process a wide range of digital services and products, including gaming services, ebooks, web design, streaming media, and more.

When it comes to gaming services, we understand the unique challenges this industry faces, such as managing subscriptions and preventing piracy.

For ebook businesses, we ensure seamless delivery of digital content and secure payment processing.

Our expertise in web design allows us to cater to the specific needs of these businesses when accepting payments online.

We also support streaming media platforms by providing efficient payment solutions for subscription-based models.

Whatever type of digital goods or services you offer, our merchant account is designed to meet your needs and provide a reliable payment processing solution.

Here’s a quick list of industries we commonly work with.

  1. Ebooks
  2. Music tracks
  3. Streaming subscriptions (e.g., Netflix, Spotify)
  4. Digital movies
  5. Video game downloads
  6. Mobile apps
  7. Online courses
  8. Stock photos
  9. Graphic design templates
  10. Virtual reality experiences
  11. Webinars
  12. Digital art prints
  13. Software licenses
  14. Digital magazines
  15. Podcasts
  16. Digital comics
  17. Fitness and wellness apps
  18. Language learning programs
  19. Virtual event tickets
  20. Online workshops
  21. 3D models and assets
  22. Royalty-free music
  23. Website themes and templates
  24. SEO/SEM
  25. Social media scheduling tools

Subscription Service Digital Goods

Enjoy hassle-free payment processing for your subscription service digital products with our reliable and secure solutions.

At Corepay, we understand the unique challenges subscription-based businesses face in the digital goods industry. With our expertise in serving high-risk merchants, we provide you with a merchant account tailored to meet your subscription service’s specific needs.

Our easy sign-up process, fast approvals, and flexible solutions make it simple to start accepting payments from your customers seamlessly.

Whether you offer streaming media, online courses, or software subscriptions, our payment gateway is compatible with most major platforms and offers advanced security features to protect your transactions.

Why Digital Goods & Services Are High-Risk

Selling digital products can be challenging due to the constant threat of piracy and the potential for subscription disputes. These factors make digital goods and services high-risk for most payment providers and banks.

Piracy is a significant challenge for digital goods vendors, as it can lead to unauthorized distribution and revenue loss. Subscription disputes also pose a risk, with customers potentially disputing charges or canceling subscriptions without prior notice.

These challenges result in higher chargeback rates and increased scrutiny from payment processors. However, there are options for affordable merchant accounts specifically designed for digital goods businesses.

When selecting a credit card processor for digital goods, it is crucial to consider compatibility with e-commerce platforms, support for automatic delivery and download links, credit card processing fees, security features, customer support options, reputation, and international payment support.

Can You Use Paypal For Digital Goods?

Using a low-risk option such as Paypal can be detrimental to your digital goods company in the long run.

One key point to remember is that PayPal has a history of freezing accounts or placing holds on funds, especially for high-risk businesses like those selling digital goods. This can cause significant disruptions to your cash flow and hinder your ability to operate smoothly.

Additionally, PayPal’s chargeback policies may be better for digital goods merchants. Chargebacks occur when customers dispute a transaction and request a refund directly from their credit card company. Unlike some merchant account providers, PayPal tends to side with the buyer in these cases, leaving you vulnerable to fraudulent claims and financial loss.

 Applying For Digital Goods Payment Processing

Within Corepay, we firmly commit to absolute clarity, ensuring that all accounts receive thorough and prompt approval.

When you submit your application today, you can expect the following benefits for your digital goods account:

  1. Verification of Certificate of Incorporation
  2. Presentation of a Voided Check or Proof of Bank Accounts
  3. Organizational Chart (if applicable)
  4. Review of Personal and Business Financial History
  5. Assessment of Prior Processing Statements (if applicable)
  6. Confirmation of Website Compliance

Avoiding Chargebacks For Your Digital Goods Store

Implementing effective strategies and proactive measures is crucial to protect your online business from chargebacks.

As a digital goods merchant, there are several steps you can take to minimize the risk of chargebacks and protect your revenue.

Firstly, it’s essential to have clear and transparent refund policies easily accessible to customers.

Detailed product descriptions and accurate representations of your digital goods can also help ensure understanding and customer satisfaction.

Additionally, utilizing fraud detection tools and implementing strong security measures can help identify and prevent fraudulent transactions.

Regularly monitoring transaction activity and analyzing patterns allow you to spot any potential red flags early on.

Lastly, working with a payment processor like ourselves can help immensely with chargebacks. 

 Why Choose Corepay

Elevate the achievements of your digital goods company with Corepay. 

Anticipate rapid endorsements, fortified transactions, and preemptive anti-fraud safeguards. Gain prompt access to funds, enjoying tailor-made choices designed exclusively for digital goods companies.

Our features include:

  • Round-the-clock customer assistance
  • Streamlined initiation process
  • Competitive pricing structures
  • Over two decades of payment proficiency
  • Industry-tailored insights
  • Optimized approval ratios
  • Chargeback deterrence

Please fill out the application below to find out what Corepay can do for you.

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