Subscription Boxes

Recurring Payments

Disputes happen quite frequently with recurring payments, not because of fraud but because many people forget what they purchase or do not read the terms and conditions thoroughly enough, and when they are billed ongoing, they get surprised and contact their bank for a chargeback – which only means that your Subscription Box company will need a high-risk payment provider to ensure a solid merchant account. Educating yourself on the type of disputes your company receives and how to best combat those will help reduce the number of chargebacks you receive.

One of the largest reasons of Subscription Bos chargebacks is because customers believe that their box will include specific items and are upset and confused when the membership drops the ball and they issue a “not as described” chargeback.

How Can Aacadia Payments Help with my Subscription Credit Card Processing?

How can your business be set up for papaymentuccess in the future? The best way is to set up a merchant account with a payment provider like Aacadia Payments that understands your business model.

Selecting the right payment partner must also be accompanied by being set up at a bank that appreciates your business – but the key element to this is understanding that you don't need just any payment provider, you need a payment provider like Aacadia Payments that understands high risk and Subscription Box Merchant business models.

Being Labeled as high-risk might have negative connotations but be considered a high-risk business is not a bad thing. Items such as the way you sell, your location, and even your clientele can categorize your business and apply that high-risk merchant label. With regards to Subscription Box merchant accounts, the main reason you are labeled as high risk is that of the recurring payment model and the number of disputes most businesses in your industry receive.

No reason to panic, Aacadia Payment can get you set up for success and you will be able to find the merchant account that meets your business needs. Merchant accounts do not always take a long time to be set up, Aacadia Payments can get you set up and processing payments successfully within 72 hours.

When you start off with the right merchant account and payment provider, you increase the longevity of your merchant account. When a bank takes time to underwrite and understand the business they are approving, there is a greater chance of success, but the review does not always stop there/ There is ongoing risk monitoring that is associated with all merchant accounts, Aacadia can help you protect your business from being shut down and having your funds help by educating you on how to reduce fraud and set your Subscription Box business up for long term success.

Setting up a Subscription Box Merchant Account

Businesses that are considered hihigh-riskave to know who are the right payment providers for your business. Those high risk merchant account providers that are willing to process payments for your high-risk business, there are many reputable companies like Aacadia Payments that offer solutions to businesses that need them most. These payment providers not only approve your business, but they are also willing to take on financial liability by approving your account.

If you need a Subscription Box merchant account or a merchant account for any online or higher-risk industry, reach out to Aacadia Payments. We will help you get set up quickly but keep you processing payments successfully for a long time.