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. With Corepay, bid-adieu to virtual checks and the limitations of traditional payment aggregators.
Online Dating Merchant Accounts | Credit Card Processing for Your Dating Site
We all know about top dating sites and apps like Tinder, Bumble, Match. Since online dating is a popular trend, many Offshore payment service providers offer credit card processing to this industry. Still, some do not prefer working in this industry because of few factors like High Chargeback Ratio, reputation damage and the tendency of some fake merchants to use it as a Miscoded solution so that they may sell something else that may not be legal.
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. Our payment processing solutions allow for dating websites to keep this model active without encountering any issues. We offer secure payment portals so you can accept multi-currency options, leading you to tap into an international market that would otherwise be unavailable.
Our payment processing options are designed to make transactions quick, easy and simple so your business can thrive. MerchACT provides your dating business with the reliable, scalable and secure e-commerce solution to payment processing. Before you set up your merchant account with us, we will examine your business model and determine the best course of action. What works for one dating site may not work for the other and our close to 15 years in the payment processing industry makes us the ideal company for you to partner with.
When you work with us, you are a partner and not just a client. Our business can only succeed when yours does which is why our goal is to provide you with a solid ecommerce solution.
Looking for an Online Dating Merchant Account?
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.
We have multiple high-risk payment solutions for any online dating business. Get approved for a merchant account & start processing today. 24/7 Support.
There is clearly a market for this type of business, money to be made from mainstream and niche dating services alike. So how do you get your online dating business set up for payment processing that is reliable and secure so that your customer can easily submit their debit or credit card information? The short answer is this: you need a high risk merchant account that specializes in payment processing for online dating merchants.
The even shorter answer is PayKings. We are here to help you reach your full potential with secure and dependable payment processing for your online dating merchant account. As web-based companies offer convenient and efficient ways of handling a growing customer base, it comes as no surprise that matchmaking sites have become increasingly more popular in recent years.
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. To insure growth for your business and deliver services clients need without delay; Online Dating need a solution for online credit card processing on their websites. At Choice Funding we specialize in Online Dating accounts to make sure you are up and processing quickly.
Finding the right merchant account and merchant services can be a challenge for online dating companies. Often considered high risk due to market perception.
From Tinder to eHarmony, and JDate, there are numerous dating websites and apps around. There seems to be one for every niche, making this a lucrative and helpful business venture. For those looking for a new business venture, this is great. But, one of the biggest problems comes when you are looking for a merchant account. If you have previously owned a business, you know that business merchant accounts are essential for accepting credit card payments — which is essential to having an online dating website.
The understanding of chargebacks is one of the biggest things that you need to look for when you are in the market for an online dating merchant account. Regardless of the name the merchant account is under, you need to make sure that it is the right pick for you and your business. Chargeback understanding is only one of the things you need to consider. Another is their security.
Do they provide the same great security to their high risk merchants as they do to their mainstream merchants? Not all do, and this is terrible! You should also make sure that the processor will offer your choice or payment processing and terminal. An even larger issues comes in the form of processing fee.
Dating Site 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. Despite its profitability, however, online dating is considered high risk by traditional lenders.
Online dating websites are big business – but there is a catch: Where do you find a merchant account? In this article, you will learn what you.
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.
The subscription site averages more than 4 million unique visitors per month, according to Forbes Magazine. Launched in April , Match.
Dating Merchant Account
Are you looking for payment processing for your online dating site? We provide online dating merchant accounts designed to meet the special requirements of dating apps and internet dating sites. Having the right dating merchant account is vital to your success in an increasingly competitive industry. With over dating sites worldwide, and more being added every day, competition is fierce.
PaynetSecure provides online dating merchant accounts specifically designed for credit card processing of online, in-app, and MOTO transactions.
a href= target= _blank iPaytotal /a offers merchant account for the acceptable transaction Industries that trade in onli.
Finding the right merchant account and merchant services can be a challenge for online dating companies. Often considered high risk due to market perception and chargeback rates, it is important to work with the right merchant services provider. At Axcess, we provide tailored merchant services which meet the exacting requirements of online dating companies.
Although the industry has seen huge growth, many banks continue to perceive the adult oriented nature of online dating as a risk. Even if you are established with lots of transaction history, finding a processor that has a bank willing to work with a high-risk business can prove difficult. Financial institutions have labelled adult online dating businesses as high risk for reasons including; chargeback rates, adult themed content, industry regulation and buyer remorse. At Axcess, we work with you to understand the exact requirements of your business and we can find the best merchant solution for your business.
We also provide currencies, giving you the opportunity to easily expand in to new markets and reduce currency conversion rates. Online security is an ongoing concern for online dating sites. Our leading fraud prevention tools for the industry help to keep your business secure and provide security of income. Our fraud experts will work with you to tailor a risk screening process to suit your specific business needs. Banks have very differing appetites for high risk businesses and sectors and for online dating companies it can be difficult a suitable merchant account.
Online Dating Merchant Accounts
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.
Reasons for chargebacks include:. The third reason is that online dating sites have, in some cases, involved illegal activity. The legal and reputational risks of taking them on are therefore very high for financial institutions.
High risk merchant accounts and payment gateways explained here – helping you choose an account that’s right for you.
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. Though our Online Dating Merchant Account offers credit card processing solutions to your business, our experts provide you info related to your account.
If you are seeking an Online Dating Merchant Account, then call us or apply our online application form and provide all the details related to your business. Along with the application submit all the necessary documents for the fast approval of an Online Dating Merchant Account. Our customer service department will forward all your documents to acquiring banks and once it is approved by the acquiring banks, you are provided a merchant account for your dating business.
Our staff will provide an easy solution to avail a merchant account without any worries. We offer services to the clients who are dealing in dating business such as. We require months payment processing facts which can exhibit your firm name including the total number of sales, revenue, chargebacks and also refunds.
There must be a 3 months report related to business banking declarations. The whole procedure is completed within 5 commercial days to 14 days on the whole. Your Online Dating Merchant Account is sanctioned within 5- 14 days.