How To Obtain IPTV Merchant Account Hassle-free for Your IPTV Businesses?

1. Search Medium How To Obtain IPTV Merchant Account Hassle-free for Your IPTV Businesses? Web Pays · Follow 5 min read · May 29 -- Are you planning to deal in IPTV enterprises? Do you need help finding a reliable merchant account? Yes! It is one of the major concerns when you start your IPTV enterprise in Cyprus. An IPTV merchant account is essential to accept credit and debit card payments in Cyprus. IPTV stands for Internet Protocol Television. Internet Protocol Television (IPTV) is a system that has a crucial role to play in this phase of transition from traditional broadcasting methods like cable or satellite TV to internet-based streaming. These innovations have benefitted the market with improved communication technologies and network architecture. According to the new report by MarketsandMarkets, the IPTV market valued was USD 50.9 billion in 2021 and is expected to reach USD 194.21 billion by 2026 at a Compound Annual Growth Rate of 17.8% during the forecast period 2021–2026. The increasing preference for video-on-demand, rising demand for high- definition channels, and the growth of internet video a IPTV merchant account dvertising and expanding internet penetration are the main factors propelling the IPTV market’s expansion in Cyprus. Investing in the IPTV sector is a great idea. It is an excellent place to make more and more money. Keep reading this post to discover more about the IPTV merchant account in Cyprus. Why is an IPTV Merchant Account Essential? The IPTV industries are one of the growing markets nowadays. The popularity of video advertising on the internet is one of the critical factors. Due to the rising customer demand for high-quality internet and video content, there are more chances. Therefore, if you are an IPTV provider, you should take advantage of this situation and look for a reputable IPTV merchant account provider such as WebPays in Cyprus. Are IPTV Enterprises High-risk? Why? We all are familiar with what IPTV is. Nowadays, every person watches television and cables without satellite or cable equipment over the internet.

2. With every passing day, it is getting more popular. Due to its popularity, most IPTV businesses used to broadcast unlawful printed TV streams, leaving IPTV operators open to copyright breaches. It is one of the most common reasons most fintech service providers label the IPTV sector a high-risk business. There are many more reasons, such as - IPTV merchants earn money when customers make subscriptions. Subscription to an IPTV is a single step to getting an IPTV service to work. But customers only sometimes pay for subscriptions. Due to this reason, acquiring banks and financial institutes have seen the IPTV sector as an irregular industry and considered it high-risk. Due to the high-risk nature, merchants need help finding a suitable IPTV merchant account and IPTV payment gateway in Cyprus. What to Consider When Looking for a High-risk IPTV Merchant Account? Nowadays, you can find many high-risk service providers. But not all high- risk service providers are compatible with all high-risk enterprises in Cyprus. Before making the final decisions, you should make sure that your selected service provider considers the following points - Excellent Customer Support Services - Look for a service provider to help you whenever anything happens on your websites or apps. Ensure your selected service provider guarantees that every issue will be solved. Futuristic Security Tools- As a merchant, security is the top priority for you. Your service provider ought to have PCI DSS level-1 compliance and offers a set of anti-fraud tools. It helps you to keep your business away from fraudsters. Also, make sure that your service provider provides decent chargeback prevention systems. Simple Pricing Structure - The pricing structure should be simple and understandable. Some service providers ask you to pay high charges to take advantage of your situation. So, avoid going with that type of service provider. Go with the provider who offers a reasonable price. Always check that there are no hidden or extra charges. Compatible with your Business Model - Not all high-risk service providers must be compatible with high-risk businesses. Before applying for the high-risk IPTV merchant account, ensure it works with IPTV enterprises. The same goes for the countries’ acceptance also. Reliable service providers always have a list with whom and where they deal. Read the Contract Carefully - None of the service providers provide a contact list online. So, while making the deal, read all the company’s terms and policies carefully. Experienced - Before selecting any of the service providers, do lots of research about their backgrounds. Your preferred service provider has experience in

3. dealing with the IPTV industries. Furthermore, it ensures that the payment method you intend to use is respectable and safe, safeguarding your money. Technology - You might be curious to know if the selected service provider offers many accounts or not. Request the payment platform’s APIs so you can completely manage the setup and payment processes. Ensure that your selected service provider offers fast onboarding and user-friendly payments that don’t have downtime or unpleasant surprises. Useless payment processors with little experience should be avoided. How to Apply for a High-risk IPTV Merchant Account? You must fill out the application form to obtain an IPTV merchant account. Nowadays, the merchant must accept credit or debit card payments as most customers love making payments via cards. So, to receive the card payment, you need a reliable high-risk payment processor. Obtaining an IPTV merchant account is very simple and easy in Cyprus. If you choose “WebPays,” we will help you get the IPTV merchant account as we maintain a good and professional relationship with most acquiring banks and financial services worldwide. Once your application form gets approved, you need to submit some documents. These documents vary from one service provider to another. Some of the most common documents are - Photocopy of passport or any other government Identification card such as a driving license. Processing history of the last six months. Full details of your business Incorporation certificate Shareholder’s certificate What Benefits do you get with WebPays? Nowadays, you can get many service providers who offer their services to IPTV enterprises. But we recommend you go with WebPaus. As “WebPays,” we are one of the leading fintech service providers with worldwide services. We have experience dealing with the IPTV sector and offer the best solution according to your business model in Cyprus and also worldwide. With us merchants can get the following benefits - We help you to open an IPTV merchant account, as we have contracts with many acquiring banks and financial institutes. We allow you to accept multi-currency from all over the world. Along with credit card processing, we offer some of the most popular alternative payment methods, such as net banking, e-wallets, mobile payment, and cryptocurrency.

4. We have PCI DSS level-1 Compliance. And also offer the latest technology, anti-chargeback, and anti-fraud tools to secure your business. We have excellent customer support services. Our integration step is simple and compatible with all types of platforms. We have a powerful dashboard. Conclusion You have a clear idea about the IPTV merchant account. IPTV is considered high-risk, so you must set up a high-risk IPTV merchant account. We suggest you go with WebPays, as it is a reliable payment platform, and your whole process to obtain the IPTV merchant account will be straightforward with us. With us, you can also get many benefits that help you to grow your business. Contact the WebPays expert team to learn more about the IPTV merchant account in Cyprus. -- Written by Web Pays Follow 2 Followers We at WebPays Provide financial and Business Services. Though there are several solutions for your industry, you look for the premium solution. Help Status Writers Blog Careers Privacy Terms About Text to speech Teams