SVETE, Latvia – A European payment processor specializing in high-risk merchants has opened its doors to the adult entertainment industry.

RegularPay serves merchants in the online gaming, gambling, finance and entertainment industries, among others. The company’s clients include small businesses, startups and large corporations, a spokesperson said.

According to the company’s marketing literature, merchants are divided into low-, medium- and high-risk categories based on the number of monthly chargebacks a financial entity expects to see from the merchant. From the beginning adult entertainment has resided in the high-risk category, due as much to moral judgments in the mainstream as to an extinct legacy of high chargeback volumes. In the early part of the 21st century, adult merchants worked hard to overcome what once was perceived as a “chargeback problem,” and many now maintain an admirable record that meets or surpasses the level of reliability exhibited by mainstream merchants. Nevertheless, the stigma of pornography keeps the industry in the high-risk category, often making payment processing difficult to obtain and expensive.

RegularPay believes it has solved both issues by partnering with a number of acquiring banks in several countries. The company offers merchant accounts and other payment options through a PCI Level 1-compliant payment gateway that features a built-in anti-fraud system, 3D security, 24/7 customer service and other benefits. Merchants pay no account set-up, monthly gateway or statement fees, and per-transaction fees are as low as 10 cents. Fees charged by RegularPay’s acquiring-bank partners vary.

For more information about the company, visit RegularPay.com or call +371-678-810-36.