SoarPay Is The #1 Choice For Content, Mobile & Data Streaming Services.
- Instant Online Quote. When you submit your application, you’ll get an instant price quote to DocuSign. No offline paperwork, no faxes, no waiting.
- Industry Minimum Pricing. You will automatically receive Industry Minimum Pricing in your online quote. No more frustrating haggling with sales reps.
- USA-Based Customer Support. When you call or email, you’ll always speak to our friendly support team, based in Houston, TX.
Digital Streaming Service Credit Card Processing
Why We Proudly Accept Digital Streaming Services As Merchants (Even When Many Processors Don’t)
Many credit card processors do not accept digital streaming services as clients, for several reasons. First, it is obvious, but most digital streaming services are eCommerce transactions. eCommerce sales, because they can’t involve a chip card or magnetic swipe, but instead have the customer typing in their credit card number, are more susceptible to fraud and friendly fraud chargebacks. Second, because digital streaming services almost always involve recurring billing, which as a categorical type of credit card charge, is more susceptible to high chargeback rates. Third, because digital services, whether they be mobile data streaming, data reselling, live-streaming, or other digital services are relatively new. Often, credit card processing underwriters simply do not understand the industry or the service being offered, and out of an overabundance of caution, simply prohibit the industry entirely.
Soar Payments, by contrast, has been proud to serve the digital streaming industry since our company’s inception. Our extensive relationships with credit card processors and sponsor banks who specialize in underwriting businesses perceived as “high risk” enables us to confidently support these businesses (including data streaming businesses, mobile streaming apps, and all types of streaming-related apps). Moreover, our fully integrated chargeback and fraud prevention solutions, uniquely position Soar Payments to help protect our merchants from some of the inevitable risks endemic to this industry.
Questions? Call Our Team: 1 (888) 225-9405
Frequently Asked Questions
- What types of digital streaming businesses do you accept?
Soar Payments accepts a wide range of digital streaming related businesses, including apps and online services that specialize in content streaming, providing unlimited data, data streaming, streaming advertising, cord cutting, gaming live-streaming, mobile TV, and so on. Soar Payments accepts both startups and established businesses with previous credit card processing history.
- My digital streaming app or service uses recurring billing; what criteria does my subscription or recurring billing-based business need to meet, to be approved for a merchant account by Soar Payments?
To be approved, subscription or recurring billing-based businesses must meet the the following criteria: must not offer a 7 day or 14 day free trial (unless specifically approved by underwriting); must not offer “free plus shipping fee” deals bundled in with a free trial; unless specifically approved by underwriting the maximum recurring billing contract length must be 12 or fewer months; for providers who are reselling third party services the merchant account applicant must be able to supply reseller agreements with the service providers.
How Does The Application Process Work?
Step 1. Apply Online
Complete the online application process (it takes 5 minutes). Click here to begin.
Step 2. Get An Instant Quote
You’ll instantly receive a quote with Industry Minimum Pricing to DocuSign.
Step 3. Start Accepting Payments
Our Houston based Customer Support Team will help you get set up, fast and easily.
Click Here to Apply Online Now. It takes about five minutes, and you’ll receive an instant price quote to DocuSign.