eplica Merchants are considered as High-Risk Business due to the potential risk for high chargebacks and legalities involved. Selling replicas isn’t easy, and most people won’t buy replicas unless they like the brand on which the replica is based upon. The potential for earnings can be great because of the availability to people with lower incomes and its demand can be high ,making Replica merchants earn a lot of money.
REPLICA MERCHANT ACCOUNT
If you are engaged in an e-commerce replica business and looking for a safe, secure and trusted credit card payment solution provider,online replica merchant account is ideal for your business, as it has all necessary tools that will boost your e-commerce business and will make it grow in no time. IPAYTOTAL offers merchants Direct MIDs as well as a 3rd party processing solution from our banks situated in America, Europe, UK, and Asia.
Merchants would now be able to apply for direct Online replica merchant accounts or third-party Replica merchant accounts and instantly set up their business to go online.
Few Facts about Replica Merchant Accounts
Replica products are exactly duplicates of brand products, which are made using the same manufacturing techniques and materials but can be purchased for lower prices. Clever replica merchants have understood that they can make money on individual’s inability to buy expensive products with brand names. Online Replica merchants make good business on selling purses, shoes, watches, sun glasses, belts, clothes,etc.
Online replica merchant owners usually run offshore business and sell their products globally. This means their customers cannot pay for the purchased products in cash. Credit card payments is the most convenient and thus preferred method of paying for both online and offline purchases. To start accepting card payments, a merchant must open replica merchant account.
Being high-risk by nature, online replica merchants attracts various frauds. Though replica merchants are less risky if compared to gaming and pharmacy ecommerce businesses, not all payment service providers are ready to handle risks associated with web-based replica merchants.
Though finding replica merchant account provider may be difficult, there are lots of payment processing companies offering online replica merchant owners offshore merchant accounts. Offshore merchant accounts have some advantages over domestic accounts, as enable accepting multiple currencies, as well as facilitate high volume credit card processing.