IPTV Merchant Accounts

Last Updated on May 16, 2024 by Corepay

Finding reliable payment processing for IPTV services has never been harder with the recent changes to VIRP on April 1.

In this vertical, merchants are under more scrutiny than ever, and banks are taking on more risk than they’re used to.

At Corepay, we’re pleased to be able to provide reliable payment processing for IPTV services, provided you are licensed and have at least 90 days of processing history.

Key Takeaways

• Finding reliable payment processing for this vertical is challenging
• Many banks are skeptical of IPTV due to legality concerns
• Corepay is very familiar with the industry and can add significant value to companies doing things the right way

What Is An IPTV Merchant Account?

An IPTV merchant account is a business bank account that allows you to accept payments. 

Why Is IPTV High-Risk?

IPTV, or Internet Protocol Television, involves delivering TV content over the Internet, which can raise concerns related to copyright infringement and piracy. Due to the digital nature of IPTV services, there’s a higher likelihood of chargebacks, subscription cancellations, and potential legal issues.

Additionally, the global reach of IPTV services can make it challenging to monitor and regulate content distribution across different regions, further increasing the risk for payment processors.

Difficult Finding Payment Processing For IPTV

Finding payment processing for IPTV can be challenging due to its high-risk nature and potential legal complexities. Many traditional payment processors may hesitate to work with IPTV businesses due to concerns about piracy and chargebacks.

This can limit your options and make it difficult to find a suitable provider that understands the unique needs of the IPTV industry. 

Apply

When you’re ready to start accepting payments for your IPTV business, applying for a merchant account is straightforward.

• Voided check
• Proof of business/personal bank account
• Prior processing history
• Fully compliant website
• Chargeback history

Can You Use A Traditional Option Such As Paypal?

While PayPal may initially appear as a viable option for your IPTV, it’s essential to consider its significant limitations and potential issues. PayPal is known to be unsupportive of high-risk industries like IPTV, explicitly prohibiting transactions associated with such activities in its user agreement. Moreover, its chargeback protection may not extend to risky transactions, leaving you vulnerable to fraudulent charges. Additionally, PayPal reserves the right to terminate accounts linked to high-risk activities abruptly. Consequently, relying solely on PayPal for your bail bonds business could pose considerable risks.

Corepay Payment Processing Features

At Corepay, we are registered as an iso in Europe and the USA, allowing us to offer our clients an experience and competitive pricing that others simply can’t match.

We boast years of experience collaborating with similar merchants, aiding them in reaching new heights.

Here’s a quick list of what we offer at Corepay:

1. 24/7 customer services
2. Fast onboarding
3. Highly competitive rates
4. Over 20 years of payment processing experience
5. Deep understanding of the bail bond industry
6. Maximum approval rates