BOCA RATON, Fla. - Payment-solution provider Alternative Merchant Processing has created AMP Adult, a unit of the company designed to focus on serving the needs of the adult industry.
Alternative Merchant Processing has built a reputation serving non-conventional merchant processing for high-risk merchants, including adult websites, travel services and packages, telemarketing, inbound and outbound call centers, Web hosting companies, and health and herbal supplement companies.
"AMP Adult seemed like a logical step for Alternative Merchant Processing because over the years, we have developed many relationships in the adult space and have created many processing programs for these merchants," said Mary Catherine Pappas, director of client services. "We understand the particular needs of those merchants deemed ‘high-risk' by VISA [and MasterCard] and the limitations and outrageous costs they face with the typical large aggregation processors in the industry. Fortunately, we have the direct banking relationships that provide the webmaster with the framework and awareness of efficiencies by having their own account.
"By not using aggregation, we save them significantly on their fees, give them complete control of their customer spending, and they receive their funds within 48 hours of the transaction taking place. More importantly, our chargeback took has been invaluable in helping to monitor their business going forward. No startup or registration fees make the transition to our services even more attractive."
a leading provider of payment solutions including credit card processing, check services and gift & loyalty programs,