Secure Digital Goods Merchant Accounts Made Simple
Corepay specializes in high-risk payment solutions for digital goods merchants. Enjoy fast approvals, competitive rates, and tools to reduce chargebacks.
Get approved within 24-72 hours with a simple application process designed for digital goods businesses.
Secure and Scalable Payment Solutions
Protect transactions with advanced fraud prevention and PCI-Level 1 compliance while scaling your business seamlessly.
Flexible Options for Subscription Services
Process recurring payments with ease and integrate with all major platforms to support your subscription-based digital goods.
We understand the complexities of digital service businesses
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:
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.
Ebooks
Music tracks
Streaming subscriptions (e.g., Netflix, Spotify)
Digital movies
Video game downloads
Mobile apps
Online courses
Stock photos
Graphic design templates
Virtual reality experiences
Webinars
Digital art prints
Software licenses
Digital magazines
Podcasts
Digital comics
Fitness and wellness apps
Language learning programs
Virtual event tickets
Online workshops
3D models and assets
Royalty-free music
Website themes and templates
SEO/SEM
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 ad
Scale Your Digital Goods Business with Corepay
From chargeback prevention to competitive pricing, Corepay ensures secure and efficient payment processing for your digital goods. Apply today!
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:
Verification of Certificate of Incorporation
Presentation of a Voided Check or Proof of Bank Accounts
Organizational Chart (if applicable)
Review of Personal and Business Financial History
Assessment of Prior Processing Statements (if applicable)
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.
Powerful payment solutions that integrate with your existing platforms
Seamless Integrations
Corepay supports seamless integrations with top platforms like Shopify, Wix, WooCommerce, Salesforce, and more. From e-commerce to CRM tools, our payment solutions connect effortlessly to keep your business running smoothly. Discover how easy it is to integrate and optimize your payment processing.
