Do you know sharkprocessing.com they accept all high risk?

[strokearm]

I was just stumbling over High-Risk Offshore & Domestic Merchant Accounts do you know this payment processor?

They advertise they can accept the following industries:

- Online Casino
- Tobacco Sales
- Peptides & SARMS
- Nutraceuticals
- Kratum
- Adult

I never heard about this company before and was wondering if this is a legit company. From their about us page I see they are located in the UK, London.

Do you know if all this stuff is allowed there in the UK?

 

[JohnLocke]

Well, I never heard about them but from a quick research I see that the domain is registered for 4 months ago!! They say they are located in London, UK the domain is registered in Canada so I don't know this doesn't need to matter BUT regardless if they are located in Canada or the UK what they are processing and claim to be able to process for is not allowed by Visa and MasterCard without license from the merchant.

I would be very carefull with using them since there are companies out there that have specialized in Freezing merchants in these industries, money!

 

[happyjohn]

You may use them with care.. a processor doing high risk business and in these industries has always to be used with only small volume. You will even want to split your volume into 3 accounts and with different processors. I have seen many businesses in the Tobacco and Pharmacy business get burned by the payment processors. Payments have been frozen, huge penalties have been issued by the Card association and much more.

So please be careful when using such new payment processors as sharkprocessing.com