While being at a small scale or a large scale worries bombard you and keep you away from earning potentially! If you own a website with the following intentions or services. As you decide to take an Online Dating Merchant account either chat with our sales person who will explain you online by just chatting now option you click. All the information is available. Also if you avail for that offline merchant account opening, our relationship manager will assist you from the very first day! All you need to provide is identification proof, 3 months either a business bank account or personal bank account for the same period also total sales.
Contact us today and find the perfect match for your online dating merchant account in as little as 5 days. There are several types of online dating merchant accounts, from the unique niche-based business models to membership and subscription billing, PayKings can provide a payment processing solution for your company. Chargebacks are quite common when it comes to online dating merchant accounts and this can happen for a number of reasons, but regardless of why, these chargebacks will categorize your business as high risk — which just means that your online dating company will be looking for high risk merchant accounts.
You may also incur chargeback fees in the case that a married person finds their partner on a dating site, and when confronted about their involvement on the site, the member typically files false charges and denies any authorization of the membership fees. Aggregate payment processors like PayPal, Stripe, and Square do not allow payment processing for high risk businesses similar to those who are in the online dating industry.
High risk merchant accounts and payment gateways explained here – helping you choose an account that’s right for you.
Sometimes relationships hold for a life-time while other hold for just a night. Results may vary. After a relationship fizzles, sometime times the customer wants a refund. Despite the fact that online dating merchant accounts are seen as very high-risk, this is not something which should adversely affect online dating merchants. Regardless of whether your online dating services are niche-oriented or subscription based, the perfect merchant account solution can be provided to you by High Risk Solutions.
If you’ve been turned away or declined because other credit card processors consider your businesses type as too risky, High Risk Solutions can help. If you are interested in discovering all that High Risk Solutions has to offer in the world of online dating payment processing, take a moment to click and expand on each available section. How many banks do you partner with? Over
Looking for an Online Dating Merchant Account?
The online dating industry is huge and very profitable. Match Group, which owns sites like Tinder and Match. Without a doubt, love is big business.
Finding the right merchant account and merchant services can be a challenge for online dating companies. Often considered high risk due to market perception.
We understand that this industry is a growing one: in fact, according to Statistics, in the mobile dating market revenue in the U. With statistics like this,. First Financial merchant accounts for the high-risk online dating industry. First Financial is a leading provider of full-service merchant accounts for online dating sites rejected by traditional banks. More, these marriages tend to be happier and last longer than marriages of those who met offline.
Click this button to get your merchant services account approval right away! Questions Call: 1 At First Financial, we have properly researched this booming field, and we want to help your dating site continue to reach its full potential.
Online Dating Services Merchant Accounts. At Leap Payments our goal is to make sure that your business can process credit cards. We can support industries considered by some to be high risk with domestic and even off shore solutions, so your business can accept credit cards. Online dating is a thriving industry. When you can scan profiles and begin safely chatting with someone online- hanging out in some gin soaked bar seems downright medieval!
There are many types of online dating merchant accounts, from the unique niche-based business type to the average and adult. Adult dating is usually structured.
The incredible popularity of online dating sites and apps is both a blessing and a curse when applying for a dating merchant account for your dating business. On one hand superior technology has made the industry incredibly lucrative for business owners and merchant service providers alike. On the other hand , bad reputation and rampant fraud have resulted in some pushback from payment providers.
The latter especially has made finding secure and reputable dating merchant accounts challenging. Even with the increased popularity of dating apps like Tinder and Bumble , processing payments can come with some drawbacks. Companies may be flagged for being high-risk simply because of their significant monthly volume of subscribers or revenue. For the average user, these businesses are necessary for meeting someone special.
The time for a proper payment solution is now. Read on to learn how to manage the issues that create high risk for a dating merchant account to ensure you start scaling. This is due to their lack of competition compared to the Internet. Younger generations want the convenience of meeting people via a scroll on their smartphones.
Online Dating Merchant Accounts | Credit Card Processing for Your Dating Site
In business it takes a considerable amount of attention and planning to become successful. For some industries it can be a little harder to get off the ground especially for Online Dating companies. This is the result of the difficulties involving running a successful business, also satisfying customers while still preserving full compliance of industry laws and regulations.
Online Dating business often relies on the ability to take credit cards from customers as a form of payment.
In order to ensure that you can obtain a merchant account for adult dating, you must partner with a high risk payment processor.
Libby James is co-founder, director and an expert in all things merchant services. Libby is the go-to specialist for business with more complex requirements or businesses that are struggling to find a provider that will accept them. Libby is regularly cited in trade, national and international media. With over 1. Dating websites and apps are considered high risk by payment account providers due to historic chargebacks experienced within the industry.
Users more often than not sign up on a subscription basis for a set period of time and either wish to cancel or forget to end the contract, resulting in chargebacks. Although some main stream will not accepting applications for dating card processing, other more specialised account providers and banks will.
Dating Site Merchant Account
Running a dating website can be challenging, especially when it comes to dealing with membership fees and how payments are processed. Most dating sites operate on a free trial with monthly payments to follow model. This is a model that we at MerchACT understand.
Do you need credit card processing for your online dating services? Open an online dating merchant account with CDKPay.
Thanks for filling that out. We really appreciate you giving us a moment of your time today. Your ticket on its way to your email. When you are in the online dating business, the major hurdle becomes getting access to online dating merchant solutions. Many online payment processing firms are reluctant to provide online dating payment getaways due to the high-risk nature of the business.
Unlike other types of online business, online dating has proved to be high risk due to the number of people who are unsatisfied with the services provided. However, you need a reliable online merchant account to be able to transact. For this reason, we are here to offer you just the right solution for your business. It is common for many people to chargeback due to dissatisfaction when looking for suitors online.
Online Dating Merchant Account
With all its subsets, the industry is undeniably lucrative, and even more so in recent years as stigmas about it have progressively faded. Banks consider the online dating industry high risk for three main reasons. The first is that it operates online, where credit card fraud is rampant, and the second is that it incurs a higher-than-average amount of chargebacks.
Online dating and mobile dating apps have gained popularity and acceptance in the digital age. DigiPay Solutions is a recognized payment processing brand among leading online dating service providers. DigiPay works closely with online dating service partners, providing tailored solutions and timely advice to national and regional service providers, while helping them maintain the highest standards of banking and payment card industry compliance.
A study by Pew Research Center found 15 percent of Americans have used online dating, 41 percent know someone who uses online dating, and 29 percent know someone whose online dating experience culminated in marriage or a long-term partnership. Research associates interviewed 2, adults, 18 years of age or older, living in all 50 U. Proper classification is vitally important to prevent funds from being held in reserve for misrepresentation. Top performing online dating service companies have impressively scaled their organizations by creating a comfortable and safe environment for people to browse personality profiles and look for someone with similar beliefs, interests and tastes.
Established in by Dr. Neil Clark Warren, eHarmony is an online dating site that uses algorithms to match people with optimally compatible partners, by identifying key areas and personality traits.
Dating Merchant Account Services
We make your payment processes easy with the help of experts who offer you solutions according to your business. Our payment gateway processes offer an easy solution for fast transactions. MyPayment Guru serves as a perfect service provider to escalate the growth processes of your business. With our payment gateway solutions, you can increase the traffic to your web.
MerchACT provides your dating business with the reliable, scalable and secure e-commerce solution to payment processing.
As technology advances, so do the options for meeting new people and exploring relationships online. However, the adult nature of this industry, combined with high chargeback rates often prevent conventional providers from accepting these accounts. Corepay offers high-risk merchant services for online dating industry providers that help to reduce chargebacks, reduce fraud and increase customer confidence.
Fast approvals and secure merchant processing solutions are imperative to this lucrative industry. Online dating services hold loads of personal information that must be properly protected. Give your users the confidence of security and anti-fraud solutions when using our platform, without setup or application fees.