Easy Pay Direct Alternatives For High-Risk

Last Updated on August 21, 2024 by Corepay

Since its inception in 2009 in Austin, Texas, Easy Pay Direct has been a notable player in the payment processing industry, particularly for high-risk businesses. Over the years, there have been many alternatives to Easy Pay Direct. In this article, we’ll examine several other payment processing solutions and highlight why Corepay is the top choice for your business.

Key Takeaways

• Easy Pay Direct specializes in high-risk verticals
• There are limited reliable alternatives to Easy Pay Direct
• When choosing an alternative, ensure the alternative specializes in high-risk verticals to avoid complications in the future
• Corepay is a great alternative to Easy Pay Direct, offering payment processing for the highest-risk industries

What Is Easy Pay Direct?

Easy Pay Direct is a high-risk payment processing company founded in 2009 Austin, Texas. They specialize in offering flexible and secure payment solutions, crucial for industries such as adult entertainment, digital goods, and subscription services. Its features include versatile integration options and practical management tools for recurring payments, making it a reliable choice for businesses facing unique payment processing challenges.

Which Industries Does Easy Pay Direct Focus On?

Easy Pay Direct focuses on high-risk verticals such as adult, online dating, CBD, and travel.

Pros of Easy Pay Direct:

• High-Risk Expertise: Specialized in handling transactions for high-risk industries that traditional processors may avoid.
• Flexible Integration: Offers versatile integration options to work seamlessly with various business models and platforms.
• Subscription Management: Includes tools for managing recurring payments and subscription-based revenue streams.
• Global Reach: Supports payments in multiple currencies, facilitating international transactions.
• Competitive Rates: They offer competitive rates against others in the space.

Cons of Easy Pay Direct:

• Potential Customer Support Issues: Some reviews show customers have had issues with customer support.

Alternatives To Easy Pay Direct

As Easy Pay Direct focuses heavily on high-risk verticals, we’ve put a short list together of three options which all focus on high-risk verticals as well below:

Corepay

With Corepay, businesses can tailor their payment processes to fit their specific needs and preferences. This flexibility facilitates smooth integration with mobile apps, significantly enhancing the user experience.

Corepay is a trusted and reliable payment solution for high-risk transactions, providing optimal security for bothcustomer data and transactions.

As a proven alternative for those seeking a dependable payment gateway and processor, we boast over ten years of experience in payment processing, having successfully partnered with hundreds of hard-to-board merchants.

We are confident in offering competitive rates that surpass many others in the industry.

Pros of Corepay:

• Competitive Pricing
• Swift In-House Pre-approval
• High-Volume Transaction Handling
• Multicurrency Support
• Advanced Security Measures
• Seamless Mobile Payment Integration
• No Fee Waivers
• 24/7 Customer Support
• Effective Chargeback Solutions

Cons of Corepay:

• Potential approval time from acquiring banks (common with all direct merchant accounts)

Verotel

Verotel is a prominent payment processing provider with a long history of serving diverse industries, including high-risk sectors such as adult entertainment, digital goods, and subscription services. Established in 1998, Verotel delivers a secure and versatile payment gateway that accommodates various payment methods and currencies, making it an excellent choice for global businesses.

One of Verotel’s key strengths is its adaptability to complex payment requirements. It supports various payment options—credit and debit cards, alternative payment methods, and recurring billing models—making it particularly advantageous for businesses with subscription-based revenue models.

Verotel’s capability to handle payments in multiple currencies is crucial for businesses aiming to grow their international customer base. However, it is important to consider that Verotel’s fees can be relatively high, often exceeding 12%, especially for high-risk industries.

Pros of Verotel:

• Versatile Payment Options
• Advanced Fraud Protection
• Broad Merchant Acceptance
• Global Reach
• Support for Multiple Currencies
• Robust Security Measures

Cons of Verotel:

• Elevated Processing Fees
• Complex Fee Structure
• Limited Customization Options
• Potential Setup Delays
• Service Availability Concerns

CCBill

Founded in 1998, CCBill is a premier payment processing provider renowned for its specialization in handling transactions for high-risk industries.

Operating on a global scale, CCBill supports a diverse range of businesses, including those in adult entertainment, digital goods, e-commerce, and subscription services. It is particularly distinguished by its willingness to onboard merchants regardless of credit history, making it a valuable alternative to Easy Pay Direct for high-risk and niche markets.

The platform boasts powerful tools for managing subscriptions and recurring billing, which is crucial for businesses with ongoing revenue streams.

While CCBill’s costs may be higher, the value it offers through robust security features and extensive industry expertise is substantial.

Pros of CCBill:

• Tailored for specialized high-risk industries
• Transparent, fixed-rate pricing
• Accepts nearly all legal merchants
• No recurring monthly fees
• No early termination penalties
• Supports multiple currencies, ideal for global merchants

Cons of CCBill:

• Higher processing fees
• Rolling reserve required (non-negotiable)
• Six-month minimum hold on account payouts upon cancellation

Why Corepay Is The Best Easy Pay Alternative

At Corepay, we believe we are the best Easy Pay alternative for the following reasons:

• Competitive Pricing Structure: We provide highly cost-effective processing rates designed to enhance your profitability and support business growth.
• Swift Approval Process: Our efficient approval system enables travel merchants to start processing transactions quickly, with approvals typically completed within 24-72 hours.
• High-Volume Transaction Handling: Tailored for high-risk industries, our payment gateway adeptly manages large transaction volumes, ensuring smooth and reliable processing.
• Multicurrency Capabilities: We support payments in multiple currencies, allowing you to reach and serve a global audience seamlessly.
• Stringent Security Measures: Our PCI-Level 1 secure payment gateway is rigorously tested and continuously monitored to provide top-tier security for all transactions.
• Mobile Payment Integration: Accept payments effortlessly through mobile devices, catering to the needs of today’s mobile-centric consumers.
• Fee Waivers: Benefit from a transparent pricing model with no application, setup, or annual fees, letting you concentrate on expanding your business without additional financial burdens.
• 24/7 Customer Support: Our dedicated support team is available 24/7 to resolve any questions or issues, ensuring your satisfaction and success.