Merchant Processing for Magazine Subscriptions

Moneybox can help secure a magazine subscription merchant account for your business when many other processors are unwilling to cooperate.

magazine subscriptions

Our Support for Magazine Sales Merchants

Many credit card processors are hesitant to engage with businesses in the magazine sales sector. Often, owners of magazine sales businesses find themselves investing significant time in the application process, only to face rejection from underwriters. Here are the key reasons why payment processors frequently shy away from this industry:

  1. Recurring Billing: Magazine businesses generally operate on a subscription model, which involves recurring credit card charges. This can lead to chargebacks when subscribers forget about their subscriptions or decide they want to cancel, regardless of the company’s cancellation policy.
  2. Telephone Transactions: Accepting payments over the phone increases the risk of fraudulent activities and chargebacks, as it’s harder to verify the cardholder’s identity.
  3. Third-Party Distribution: Magazine subscription businesses often resell products they do not directly distribute, leading to less control over delivery issues, which can increase chargeback risks.

These factors contribute to the reluctance of many merchant service providers to work within the magazine subscription sector, despite the legitimate and well-managed nature of most businesses.

However, Moneybox stands out by actively supporting magazine subscription merchants from the start. With our established connections to credit card processors and their sponsor banks who are willing to underwrite mid-risk to high-risk categories, coupled with our advanced fraud and chargeback prevention tools, Moneybox can offer consistent and economical merchant accounts to magazine subscription services. This approach helps avoid the account disruptions and payment withholding that are common with other payment services like PayPal and Stripe.

Seamless Software Integrations for Magazine Sales

Experience smooth integration with top-tier magazine subscription CRM and software solutions through Moneybox:

  • Industry-Specific CRM & Software: Our merchant accounts for magazine subscriptions work seamlessly with platforms like Subscription Genius, SmartPublisher, MagHub, RunMags, SimpleCirc, NewsCycle, BluIQ, and ELAN.
  • Versatile CRM Integration: Beyond industry-specific software, we also connect with general-purpose CRM tools such as SalesForce, Zoho CRM, and ChargeBee.

If your preferred CRM or software suite isn’t listed, worry not—Moneybox is designed to integrate with numerous other systems through leading payment gateways like Authorize.net, NMI, or USAePay.

Frequently Asked Questions

Moneybox collaborates with credit card processors that cater to a variety of magazine-related enterprises, including magazine subscriptions, magazine sales, specialty periodicals, and newspapers.

Moneybox Merchant Services supports the following payment gateways Authorize.net, NMI , TSYS, and Firstpay.

What industries does Moneybox Merchant Services accept as clients? Moneybox specializes in mid-risk as well as specific high-risk industries (the terms “mid-risk” and “high risk” are used here from the perspective of the merchant services industry). We are proud to serve the following industries:

  • Accounting & Tax Prep
  • Adult
  • Airlines
  • Alcohol
  • Antiques & Collectibles
  • Apparel & Clothing
  • Automotive
  • B2B
  • Bad Credit
  • Bail Bonds
  • Bar & Restaurant
  • Cigars & Tobacco
  • Cleaning Service
  • Clothing & Apparel
  • Collectibles
  • Continuity / Subscription Products
  • Continuity-Subscription
  • Credit Monitoring
  • Debt Consolidation
  • Dental
  • Digital Downloads
  • Digital Streaming
  • Document Preparation
  • Drop Shipping
  • Ecommerce
  • Educational Seminars
  • Electronics
  • Events
  • Furniture & Home Furnishings
  • Guns & Firearms
  • Gyms, Fitness & Yoga
  • Hair & Beauty Salon
  • Health & Fitness
  • Healthcare
  • High Volume
  • Hotel & Hospitality
  • Hotels & Lodging
  • Hunting & Outdoor Equipment
  • Insurance
  • Insurance / Warranty
  • Jet Charter
  • Law Firms
  • Legal Services
  • Magazine Subscriptions
  • Medical Billing & Coding
  • Medical Supplies
  • Membership & Recurring Billing
  • MLM Companies
  • Moving Companies
  • Nonprofit
  • Nutraceuticals & Supplements
  • Online Dating
  • Pawnbrokers & Pawn Shops
  • Pet Products
  • Precious Metals
  • Property Management
  • Real Estate
  • SaaS Companies
  • Self Defense, Tasers & Stun Guns
  • Seminars & Coaching
  • SEO & SEM Services
  • Smoking Accessories
  • Survivalist & Tactical Gear
  • Taxes and Accounting
  • Tech Support
  • Telemedicine
  • Ticket Agencies
  • Tobacco & Cigar
  • Transportation & Moving
  • Travel & Timeshare
  • Travel Agency*
  • Utility
  • Vape / e-Cig / eJuice*
  • Veterinarians
  • Web Design Services

Please note, this is NOT a complete list; Moneybox Merchant Services Inc. serves hundreds of additional mid and low risk industries, too. We do not have a full list of industries we can work with, instead we keep a list of business that we currently can not support. See our FAQ page for more info. If the opportunity is right we will of course try to be considerate.

Sorry, we are unable to provide merchant services for foreign or offshore businesses, or any company that is headquartered, or operates, outside of the USA. We are also unable to provide merchant services for any business whose owner does not have a valid SSN and US issued identification (driver’s license, US passport, etc). That said we are working to fix this issue and should have a solution early 2025.

Yes, your startup or new business can be approved by Moneybox Merchant Services for a merchant account. We love startups! While newer businesses without processing history sometimes encounter hurdles when it comes to approval, Moneybox has helped many brand new businesses get their start in payment processing.

A high-risk merchant account is designed for businesses deemed as “high-risk.” These types of businesses have a greater likelihood of chargebacks, fraud, or other financial risk factors. High-risk businesses require such accounts to be able to accept credit and debit card payments.

Various industries are considered high-risk because of their inherent attributes. Some examples include CBD (Cannabidiol) products, e-cigarettes, vape products, stun guns, credit repair services, multi-level marketing, adult products/services, pawnshops, dietary supplements, SEO services, and tech support.

No central authority determines a business’s high-risk categorization. Every payment processor or bank sets its own standards, often based on internal risk management criteria. Providers assess businesses based on several detailed information bits to ascertain risk levels.

Factors contributing to a high-risk business include being a new business, having poor credit records or low credit scores, operating in controversial or highly regulated industries, relying heavily on international sales, and previous placements on the MATCH list by payment processors.

High-risk merchant accounts differ from regular accounts in several ways such as having a longer application process, higher payment processing fees, cash reserve requirements, volume caps in credit card processing, higher chargeback fees, and additional requirements based on the business type.

A high-risk business should ensure it maintains healthy cash levels, tries to reduce chargebacks, discloses all relevant information during the application process, keeps its financial documents ready, and adheres to the guidelines set by its payment processor.

A high-risk business can find a suitable merchant services provider by researching and listing down payment processors that cater to their industry. Businesses should consider factors like the processors’ experience in their industry, processing fees, equipment provided, customer support, experience with businesses in the same industry, and support for diverse payment methods.

Moneybox Merchant Services Inc. may not cater to all high-risk businesses (e.g. CBD merchants). It offers an upfront underwriting process that identifies risk factors early, saving the merchant time and potential costs. However, if Moneybox cannot service a particular business, they may recommend a processor better suited to your needs.

Start A Complimentary Rate Analysis

Discover hidden savings in your merchant account

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What you’ll get:

No Cost

Confidential

Upload a recent merchant statement

We will identify where the WASTED SPEND hides within your EXISTING merchant account.

We will present an overview of account and fee health and discuss whether significant savings can be achieved.

You are not obligated to purchase anything.

You do not pay us ANYTHING unless you elect to have Verisave implement cost reductions on your behalf.