Overview Of Ticket Broker Merchant Account
Ticket Broker Merchant Account: Merchants operating or starting a web ticket broker business will quickly realize that opening a merchant account wasn’t as easy as they thought. it’s important to know that these sorts of businesses are usually susceptible to fraud and therefore the sales of fraudulent tickets to unknowing customers. This raises the probabilities for chargebacks and when the danger increases with a merchant account so does the value of processing for that industry. Brick and mortar ticket brokers will find it much easier to process cards however merchants operating online during a non face to face setting are going to be suffering from having to get a high risk merchant account. Most merchants operating during a face to face environment are going to be ready to operate their ticket broker business with a traditional low risk merchant account.
Well known banks and traditional processing companies have deemed the industry high risk, meaning that those that market and sell concert tickets, sports tickets, show tickets and tickets for other entertainment are typically only ready to process with a high-risk merchant account provider. That’s where High-Risk Payment Pros steps in and may guide your Ticket Brokers merchant account within the right direction.
What Is A Ticket Broker Merchant Account
A ticket broker merchant account enables ticket brokers to simply accept payments from clients for sales. Above all, Payments would come with all debit cards, credit cards, and ach payment processing. Processing devices would come with ecommerce gateways, virtual terminals, mastercard terminals, pos systems, and mobile pos devices.
Documents Needed for Ticket Broker Merchant Account
Personal KYC: Director’s Passport /Driving Licence/National ID/Voter/TAX ID
Personal Address Verification: Director’s Bank Statement/Power Bill/Telephone Bill/Water Bill/Insurance if have any/Internet Bill
COMPANY: Incorporation /MOA/AOA/PAN/TAX Registration/GST/Any licences
Company Address Proof: statement /Cancel Check /Sample Invoice/Rental Agreement/Power Bill/Water Bill/Internet Bill
Business Website: Website URL Needed
Domain purchase Copy: Domain Purchase receipt or Dashboard screenshot
Processing Statement: If you’ve got any current processing statement for 3-6 Months. – Optional
Business Plan: Project information like Targets, Growth, Team, Advertisement, Vision, Mission
Application Form: Contact Us for form
Director’s Documents: Resume
iPayTotal is well versed with the unique needs of the various ticket brokers related businesses and has established acquiring banking relationships. So, we are professional in getting ticket broker merchant accounts found out and accepting online payments in no time.
We have been handling merchant accounts for the ticketing industry for several years now. So, our representatives are well versed in the online ticket payment process. Also, we’ve all the specified gateways and software for smooth transactions. Our rates are reasonable and our fees negotiable. So, our expertise within the field will make sure that you’ve got a satisfying experience.
We have engaged with leading mastercard processing companies that are reliable and supply affordable rates. So, our partners have covered the planet to facilitate all offshore account opening and transactions. we’ve a number of the simplest payment gateways within the ticketing industry. Now it’s very easy to simply accept online payments and do real time transactions during a safe and secure manner. Hence, all our dealing is completely safe and secure.
Let’s Get You Paid Faster. Try With iPayTotal.