MLM, also known as multilevel marketing or network marketing, is an often questionable business practice wherein you make money based upon how much money the people believe it. Although many companies are successfully run on an MLM setup, many of these are simply frauds, and therefore, because of his reputation, it's difficult to get a merchant account that will handle an MLM business. The point is, many of the people who paid these businesses now want their money back. If they didn't make the purchase by credit card, it's very difficult for them to get their money back. However, if you did use a credit card, it's much easier. You can simply call your credit card company, who will cancel the charge and give you back your money.



The problem with this for many MLM businesses is that if there are a lot of these situations (also known as "chargebacks"), banks often charge $20-$30 for each of these, which results in a lot of hassle for participants.

Because of all of these problems, it is difficult to get a special MLM merchant account. Even if your business is legitimate (which, of course, many are), you still suffer the unfortunate stereotype brought on by many of the shady MLM pyramid schemes. However, companies that provide MLM merchant accounts do exist. One of the top ones is PaySystems. PaySystems pays every seven days instead of every two weeks or every month, with a low 3.95% processing fee, with no additional charges besides. PaySystems also has a bonus shopping cart built right into the system, which you get at no additional charge when you set up your account. This allows you the ability to provide an easy shopping service for your customers. You can even have it automatically calculate shipping fees or offer digital coupons. Best of all, perhaps, the system setup takes less than an hour. If you have a physical inventory to keep track of, you can manage it so that you never run short of anything you sell a lot of. It also has a special setup wizard that makes the process easy.

You can also sell digital goods such as ebooks or software, and you also get an order page included with your system. You can also run a membership site and charge customers monthly subscription fees, for example. If you want to offer a free trial to your service, you can set up so that PaySystems will automatically bill the customer by a certain deadline if a customer has not canceled in time before hand. Although some services are restricted, such as alcohol and firearms or "adult" material, PaySystems does accept MLM businesses. They do business with almost any country and are also aboveboard in that they don't require monthly minimums in order to avoid a maintenance fee.