Multi-Level Marketing (MLM) Merchant Accounts

While many MLM companies are legitimate businesses, the industry is also rife with scammers. These unscrupulous individuals devise unlawful pyramid schemes where those at the top keep the cash and the ones at the lower levels lose most or all of their investment. These illicit activities have given the industry an unsavory reputation. Worried about getting involved with a pyramid scheme, many standard payment processors and the traditional banks they partner with tend to steer clear of any entity that resembles an MLM company. That's why MLM businesses are often considered high-risk, and the multilevel marketing industry is typically included on any list of high-risk industries. To process payments for your MLM business, you'll need to find a company that specializes in MLM merchant accounts.

If you're looking to join the ranks of direct selling businesses, it's good to know that Zen Payments can serve your multilevel marketing credit card processing needs. We believe that no good company should be left behind, even if it's considered high-risk, and multi-level marketing is no exception. When other payment firms say no, we can often say yes. In fact, we specialize in working with high-risk merchants and MLM business models.

Chargebacks are another issue that can hinder the ability to obtain merchant accounts for multilevel marketing purposes. The fly-by-night nature of the industry, where many businesses close up shop with little notice, can create a slew of refund requests. Many banks and low-to-moderate-risk payment processors want to avoid excessive chargebacks — and the potential legal repercussions that come with them — at all costs. Chargebacks also frustrate credit card processors, meaning that obtaining credit card processing for your company could be challenging.

Getting approved for a MLM merchant account with any provider is simply not enough, you need to ensure you are set up with a stable long-term high-risk merchant account.

We actually underwrite our account before approval and work with our network of 15 banks to make sure that not only do you get the best rate, but you go through an underwriting process that will make sure your account is always able to process payments consistently! With us, your MLM payment processing will be one less thing you have to worry about.