The operational side of an adult entertainment club is complex. From creating budgets to forecasting revenue, the daily list of operational tasks is immense for those who manage or own an adult entertainment club.
One way to help streamline operations is to invest in a merchant account for adult businesses. A merchant services account allows you to accept payments easily and is linked to a payment processor. The payment processor facilitates the secure transfer of funds from your customer’s account to your merchant account, handling everything in real time behind the scenes.
If you’re considering setting up a merchant services account for your adult entertainment club’s operations, let’s take a look at the numerous ways doing so can help you streamline your processes.
1. Accept payments seamlessly.
When you find a high-risk payment processor willing to handle your financials, you’ll totally transform your payment process. In today’s world, very few people carry cash so relying on cash payments at your adult entertainment club limits your clientele.
Conversely, when you set up a merchant services account that is connected to a payment processor, you open up the doors to a broader customer base. You can accept credit cards and debit cards, allowing guests to enjoy their visit without worrying about ATM fees or carrying large amounts of cash around all evening. This also makes it easier for your staff to quickly process payments and keep the club operating smoothly.
2. Process card-not-present transactions.
Not only will the right high-risk payment processor make it easy for you to accept card-present transactions, but it will also make it possible for you to expand your business to include online sales as well. With the right payment processor for adult sites, you can accept card-not-present transactions seamlessly, securely, and affordably. This means you can sell swag through your online site, allow customers to pre-pay for specialty services online, or even book VIP experiences prior to arriving at the club.
3. Track your finances.
It’s tough to project future earnings without an in-depth understanding of past sales. When you set up an adult merchant account, you can track your finances and use this information to streamline your operations.
From there, you can utilize payment data to predict growth and set budget goals. Rather than guessing at numbers, you can report on actual financials backed by real-time data.
4. Enjoy protection against chargebacks.
For many club operators, accepting credit and debit card payments is perceived as a risky endeavor. Customers cannot dispute a cash payment once it has been made, but every club owner has heard horror stories of fraudulent chargebacks on cards.
However, if you pick the right high-risk merchant services partner, you can actually enjoy greater protection against chargebacks. With the proper fraud tools in place, you can mitigate the risk of chargebacks while increasing your ability to accept numerous payment methods. When choosing a payment processor, be sure to ask about chargeback reduction tools that are included with the services.
For example, at Humboldt, we include Fraudcast with our payment processing services. This innovative tool allows you to stay on top of issues related to fraud and chargebacks with real-time updates. With Fraudcaset, you can easily and quickly dispute chargebacks with little to no hassle.
Set up your account today.
If you’re interested in streamlining your adult entertainment club’s operations, we’re here to help. Our dedicated payment professionals will be happy to discuss your options and set you up with the right services for your specific business. As a high-risk payment processor, we work with those in the adult entertainment industry to provide premium services that aim to lower risk to your business and improve your processes. Reach out today to learn more about setting up your merchant services account.
