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Recurring Billing Merchant Accounts

Keep Your Recurring Billing Merchant Account Online

  • 24/7 U.S. Based Custom Service
  • $0 Set-up Fees
  • No Minimum Credit Score
  • Fast Funding
  • 99% Account Approval Rate
  • Chargeback Protection Programs

Recurring billing and subscription services allow customers to pay using debit cards, credit cards, bank accounts, and more on a schedule. But what happens when your credit card processor deems your subscription account too high-risk and shuts it down?

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Don’t let your financial institution shut down your subscription service business today.

If you are looking for a Recurring Billing or Subscription Service high-risk merchant account, stop your search now. Limitless Payment Solutions has a domestic solution for you.

At Limitless Payment Solutions, we help you comply with current laws and get your business approved for a high-risk merchant account.

Why Choose Limitless Payment Solutions For Your Recurring Billing Merchant Account?

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$0 Set-Up Fees

Start with us, not with fees.

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A Partner in Your Success

Available 24/7, Limitless Payment Solutions works tirelessly to help your Recurring Billing business payment processing problems be solved in a New York Minute.

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99% Approval Rate

Limitless Payment Solutions' vast network of different processors helps ensure we find you the perfect fit for your Recurring Billing business account.

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Reliable Merchant Accounts

Rest assured that your Recurring Billing business won’t be suddenly shut down or taken offline.

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Fewer Chargebacks

Rapid dispute resolution mitigates chargeback risks, effectively protecting your business’s health.

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Fraud Protection

Protect your investment and customers with Limitless Payment Solutions' fraud protection technology.

Your thriving subscription service has been growing steadily, building a loyal customer base who appreciate your convenience and value. Suddenly, mainstream credit card processors label your business “too high-risk” due to your subscription model and risk of chargebacks, leaving you stranded.

Imagine the frustration of seeing your customer support lines flooded with inquiries and complaints about billing issues. Subscription lapses and disrupted services occur, and your reputation begins to suffer.

Enter Limitless Payment Solutions. We understand the unique challenges and risks associated with recurring billing models and are here to ensure that your payment processing is smooth, secure, and uninterrupted. Our 24/7 customer service ensures your business stays online and your reputation stays intact.

About Limitless Payment Solutions

With nearly 20 years of experience in the credit card processing industry, Limitless Payment Solutions has provided holistic financial and business services for high-risk industries. We care about your business’s success and keep your business’s best interest at the center of everything we do.

Because of our experience and relationships with all of the major credit card processors, Limitless Payment Solutions can find you the fastest approvals or lowest rates while you get
to focus on your Recurring Billing or Subscription services.

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FAQ

Financial institutions label recurring billing businesses as high-risk for several reasons.

Financial processors typically deny these businesses because they are more likely to deal with
chargebacks and disputes. Chargebacks can result from customers forgetting about their subscriptions, not recognizing the recurring charge on their statement, or being dissatisfied
with the service.

Another red flag for financial institutions is how often these businesses face fluctuating sales

volumes while operating in industries with higher regulatory scrutiny. These factors lead to banks and mainstream payment processors denying legitimate subscription businesses because they are “high-risk.”

Recurring billing is widely used across various industries, offering varying services.

Some typical subscription businesses include:

  • Subscription Boxes
  • Digital Services, including online gaming services and software-as-a-service (SaaS)
    products
  • Gyms, clubs, and professional associations that require monthly or annual fees
  • Newspapers, magazines, and online content platforms that offer subscriptions
    for regular content
  • Collection Agencies
  • Professional services that provide payment plans

Subscriptions often result in a higher rate of chargebacks for various reasons.

The most common is customer forgetfulness. Customers might sign up for a trial period and
need to remember to cancel before it rolls into a paid subscription, leading to unexpected
charges. From there, they might try to contact their bank or credit card company to get a
chargeback based on a service they might not have used.

For some consumers, recurring billing models aren’t apparent during the signup process,
which leads to the initiation of a chargeback.

If the service does not meet their expectations, they might bypass the merchant and go straight to their bank for a chargeback.

Lastly, be aware of fraudulent charges. Stolen credit card and bank information are sometimes used to open subscriptions without the owner noticing until they look at their
following financial statement.

There are several ways to mitigate risks if you’re a subscription or recurring billing business.

The first is to always be transparent with your audience. That includes communicating
subscription terms, cancellation policies, and billing cycles upfront and agreeing upon them
during sign-up.

If you provide an easy cancellation policy that’s hassle-free, you’ll reduce chargebacks as well. Also, consider including an option to manage your account, pause your subscription, or
change payment options to help improve customer experience.

As a recurring billing business owner, you’ll want to ensure you have fraud detection and
prevention measures to identify and stop fraudulent transactions before they occur.

We have a featured industry list, but that is not all we accept—there are too many to list. We
can approve any legal business!

Domestic account approval typically takes 48 hours, given that we have all the paperwork.

All high-risk processors ask for a rolling reserve. Typically, it is 10%, and in rare cases, there will not be any. This reserve is taken from your batch amount daily to offset the risk associated with the merchant account. The rolling part means that in 7 months, you get back the money they took out in month 1, and so on. Chargebacks do not get taken out of the reserve; those get taken out of your bank account. A reserve is in case of an emergency.

Pricing for high-risk merchant accounts varies depending on the business and the amount of
risk. Higher risk account rates will trend higher depending on risk. Don’t be fooled by low
pricing. Please call us, and we can explain how processors try to hide fees. Limitless will
always work to get the best deal for you.

YES!

No, Limitless does not charge a set-up fee. If there ever is one, we will disclose it. Typically, you see this with offshore accounts.

Typically, your funds get deposited within 48 hours. Offshore accounts are once a week.

To keep your customers, keep it simple.

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