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.
Dating Site Merchant Account
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!
Merchant Accounts for Online Dating Sites. The increasing popularity of online communication has turned our planet into a little global village. Modern people.
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. Our experienced underwriting team thoroughly screens merchants to ensure that they are operating legally, and we understand the risk of chargebacks and set accordingly high chargeback thresholds on our merchant accounts. We have 25 years of experience processing credit cards for high-risk merchants and can equip your business with the proper tools to fight fraud and chargebacks while giving your customers a secure payment gateway that works in conjunction with the other features of your website.
Credit Card Processing for Online Dating
Online dating sites are increasing in large numbers. There are common websites like matrimonial or like the Kindle which helps in getting the soul mate online. It is the best time or the opportunity for the new business to enter the online dating services also good for existing dating businesses. Now everyone is digital, so demand for online dating websites are also high.
With an online dating merchant account, accept credit cards online with recurring billing and free trial options. High risk credit card processing for online dating.
Allied Wallet is known as a payment solution provider for hundreds of dating websites that have already put their trust in the brand. Whether you are a niche dating website catering to specific population segments, or if you have a complex billing system, we have helped every dating business type with a multitude of unique merchant service requirements. Signing up with Allied Wallet will enable you to send and receive credit card payments online on a global scale.
We have established relationships with banks around the world to make sure our clients have multiple options for payment processing. No matter where your company is located, you can accept payments from just about anyone living anywhere. Contact us today to learn how we deliver the best credit card payment services to the Dating Site industry. We take security seriously.
Online Dating Merchant Accounts
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.
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.
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.
Dating Merchant Services
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.
AllayPay specializes in sourcing difficult-to-place online dating merchants. Please contact us to set up your merchant account today!
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.
Quadrapay works with multiple payment processing companies in USA, Europe and other parts of the world including Asia. With the help of a massive team of our partners, we can find payment processing options for almost every merchant including Dating and Friend finding apps. We recommend EU based solutions as the best merchant accounts for dating sites. For the EU based solution merchant must have an EU incorporation. The EU incorporation can be done after the approval of the account but before starting to accept credit card transactions.
Getting a merchant account is an extensive process that involves underwriting. The underwriting team at the payment service providers office or the acquiring bank starts by analyzing the business as per the documents and application provided. Please keep in mind that business must be active before applying for a merchant account.
The organization should have a website that clearly shows all the products and services. The underwriters will also ask for the required KYC documents also known as know your customer documents. So to sum it up we would recommend you to apply for merchant account after starting your business.
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.
Accept payments, reduce fraud & secure payment data, all with one connection to platform.
As we all know about dating website businesses considered under High-Risk Business. Hence, there are multiple reasons that the online dating industry considered under the high risk business category. The dating industry attracts high chargebacks and Transaction laundering. Firstly, The online dating industry gets a lot of chargebacks for several reasons.
If a merchant does not find what he is looking for and therefore he may file a chargeback via their respective banker. One spouse often discovers the other on a dating site, who in turn denies any involvement and files a chargeback with their card issuer. With the help of a massive team of our partners, we can find payment processing options for almost every merchant including Dating and Friend finding apps.
Therefore, the EU incorporation can be done after the approval of the account but before starting to accept credit card transactions. Merchant should offer multiple modes of payment processing to members o make your website or dating app successful.
Online Dating Merchant Accounts | Credit Card Processing for Your Dating Site
Payment processing is essential to any online dating business. It then follows that in order to have a successful online dating business you require an experienced firm that maintains a strong interest in ensuring your payments are promptly processed. Due to our many years in the industry we have processed countless online dating merchant accounts all that have become incredibly successful thanks to our unique and efficient processing system.
Whether you are start-up business or have long been frustrated with your current processor, International IBC Banking can help. Simple because banks consider the dating industry as high risk, this should never act as an impediment towards your success. There are several banks that gladly take on high risk merchants, particularly online dating merchants, all over the world.
Process credit cards at your online dating matchmaker site. Visa and mastercard credit card processing for your internet match making business.
High Risk Provider offers a dating merchant account for those who offer dating services, match making or online dating websites. Because dating businesses require high risk merchant accounts, we have carved out a section of our team to provide dating and high risk specific solutions. In the last decade, the popularity of online dating and online dating services has skyrocketed.
Due to the fact that most of these transactions are done with card not present payment solutions, banks tend to shy away from this industry. The other concern many dating merchant account holders have is the risk of disputes and chagebacks, which are common in the card not present processing world as well. If you are a high risk merchant seeking a dating merchant account for your dating service, matchmaking service or your online dating website, we can help.
Through a High Risk Provider merchant account, our clients have the option to accept payments from all major credit cards on either secure virtual terminals or secure online gateways. Credit Card Merchant Solutions has been in the high risk industry space for over a decade and has successfully set up and helped many dating services and websites process without headaches.
Our bank relationships allow us to properly match your business type with the appropriate SIC code and help you grow in such a risky industry. If you are interested in a dating merchant account, please fill out the form on the right hand side of this page and one of our specialists will contact you regarding your inquiry in business days. We look forward to helping you and your business succeed!
Merchant Accounts for Online Dating Sites
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.
Card payments are the greatest source of your cash flow.
Maintain all your pay-outs with the Dating Merchant Account solution. Thus through with Amald experts,you can look for Merchant Accounts for Online Dating.
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. One of the biggest reasons for this is the nature of the business and the risks involved. For example, every year thousands of people are catfished online. It not only takes a toll financially but emotionally as well.
Online dating scams are the highest total reported scams, according to the Federal Trade Commission. This — along with many other factors — has pushed adult businesses into the high risk classification. In turn, this high risk label makes it incredibly challenging for online dating sites to get the necessary payment processing or merchant account services for their businesses.
Online Dating Merchant Account
This is mostly due to the high volumes of transactions, chargebacks, frauds and highly regulated legal framework. So, it is important to find a Merchant Account service provider who understands the complete dynamics of the industry, its compliance regulations, legal aspects, disputes, and frauds. If you are running a membership-based or subscription-based online dating service and are looking for a reliable Payment Solutions Provider, you have landed at the right place!
We, at Radiant Pay, not only offer customised solutions for your industry-specific needs but also ensure continued support for your Merchant Accounts.
This list of the top merchant account providers for dating websites will help you find the right credit card processor for your online dating service.
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.