Sex sells. This alone should alert acquirers to the possibility of higher risk exposure. The simple ‘follow the money’ or ‘follow the eyeballs’ principle holds true. Where there are high sales, user numbers and traffic, so there are higher risks of rogue operators and deceptive marketing practices.
If sex sells, then sex-related scams pay. Adult affiliates scam merchants. Cardholders scam merchants and vice versa. Meanwhile, acquirers are left covering the costs of all these scams, especially if they culminate in chargebacks or reputational damage. Mastercard has also recently introduced new requirements for those acquiring adult content merchants. These seek to effectively mitigate the risk of illegal or brand-damaging activities, plus prevent the victimisation of individuals.
This course is designed to provide a good grounding to the adult sector. We cover why adult merchants are high risk and high brand-risk, the new Mastercard rules and how to comply with them, as well as how to mitigate the risks from adult merchants. Packed full of real-life case studies and practical, worked examples, this stand-alone course is ideal for those working in risk management or compliance in acquirers and payment service providers.
- Understand why the adult is high risk and high brand-risk
- Be familiar with Mastercard rules for those acquiring adult content merchants
- Understand how to manage the risks of adult merchants for business success