There are two sure-fire ways to make money from the Internet. First, find something (product, service, etc.) that can pique the interest of your target audience. If this is a niche product — something you and a handful of other mature traders specialize in — much better. It would just mean that you have less competition and a greater chance of succeeding. Since this article is going a little more in the direction of the porn industry, let’s look at that in particular. Focusing on general adult entertainment can be too broad and exhausting to stick with. Try shifting your focus to more specific areas (e.g., adult toys, dating services, live webcam feeds, real-life blogs and stories, and much more).

Second and more importantly, get yourself a trading account service provider That allows you to accept payments online. Unless you run an adult entertainment business purely as a hobby, you want to collect money from your clients. All your hard work will be a big waste if your website is not set up as an eCommerce site. Whether for recurring subscriptions or one-time purchases, accepting major credit cards is key to running a successful online adult business.

There is an easy solution to the first problem. After all, you wouldn’t be in this business if you didn’t already have materials. So you can either ride your creativity (for blogs, stories, and photography), buy available content online (videos and photos), hire talents (live webcam feeds), or have good sourcing (for toys and other adult paraphernalia). That shouldn’t be a big problem then.

The second, as mentioned earlier, is more important and even more difficult to obtain. Any financial institution, bank, or other alternative channel, will treat its customers with the utmost care and consideration. Lending or processing money for other people is a big responsibility; as such, you may have to go through the strictest standards to get a merchant account.

However, one very important thing you need to understand is that mature bu are considered high-risk businesses. This means that while merchant account providers may be strict with regular online merchants, they expect to treat you with an iron fist. This can mean many things, including more paperwork to present, longer approval time, and even outright denial. Part of the problems that mature traders can face is the increased fees. Keeping all of this in mind When looking for an account should make the process much easier for you.

Now, on to the more important questions. It would help if you also started compiling a second list through your list of potential trading account service providers. It should describe what each payment processor asks of you. If you find that some of the requirements are common to all payment processing service providers, by all means, make a note of them. Then proactively put together a package with all the necessary items. This would reduce your work of assembling each document every time you send an application form. Here are examples of the kind of information you should expect the trading account provider to ask for:

1. Relevant details about the company (i.e., name of the company, full address of where you do business, contact details of the company representative, and much more)

2. Website information (including URL, years online, current traffic, etc.)

3. A general description of the types of products and services sold on your website

4. Information about your existing payment processor (name of the current merchant account provider, how long you were with them, the type of relationship you had, the service they were able to provide, etc.)

5. Sales Volume:

6. Average number of sales transactions (per month)

7. Chargeback Volume Ratio:

8. Reimbursement Ratio by Volume

In terms of paperwork, different trading account providers require other things. In any case, you must be prepared to:

Completed application form (issued by the merchant account provider)

Statements from your current processor (if you have one)

Articles of association (or deed of incorporation)

Annual/quarterly financial report from the public accountant of the company

Reference letters (in most cases from other financial institutions)

Company board information

Correct identification for board members

PCI (AIS/SDP) Compliance Certification

To protect its assets, the merchant account provider may also ask you questions about the company’s practices. This could include questions about your customer support, shipping costs and estimated delivery time, return policy, cancellation policy, existing fraud clean-up methods, and other similar matters. Keep them in mind as they try to review your business. Keep in mind that not all merchant account service providers target mature companies, so they need to know more about this. Several companies already understand the mature industry. You can also try several other service providers. Use a reliable search engine to make a list. Try keywords like “adult merchant account” or “adult payment processor” to generate quite a long list.

Knowing all of these isn’t a guarantee of approval, but the information can prepare you for the challenge of finding a merchant account for your mature business. Requirements differ between payment processors, but they have one thing in common: they want to help you. This may mean knowing everything about you and your mature business and also helping them build a long-lasting and mutually beneficial relationship.

Jess Gables is a traveling journalist and author of numerous articles published in travel and hotel services sites, television programs, and printed materials. She is also a major contributor to articles on various online resource sites, giving her a reputation for being a trusted author on multiple topics. Gables is a content producer for several resource websites, such as AdultMerchantPay ([http://www.adultmerchantpay.com]).