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.
Looking for an Online Dating Merchant Account?
Do you need credit card processing for your online dating services? Do you operate an online dating website? As social media and online conversations become commonplace, many people are choosing to find compatible relationships through online websites.
Want to run a dating site but can’t find a bank that will process payments? Instabill can help with an online dating merchant account. Find out more now!
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. High chargebacks are common in online dating communities due to recurring subscription models, customer dissatisfaction claims and privacy conflicts. Corepay is experienced in preventing fraud and reducing chargebacks for your high-risk business.
We offer detailed business analyses and solutions to reduce your costs, while working to ensure that your customers are happy with your offerings. Our team is dedicated to providing innovative solutions and unparalleled customer service.
Credit card processing for dating sites and apps
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.
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.
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.
Credit Card Processing for Online Dating
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.
Undoubtedly, the online dating industry is a massive billion dollar industry with the annual revenue reaching over $ billion dollars. The figures are only.
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.
Online Dating Merchant Accounts | Credit Card Processing for Your Dating Site
Find out your rates for your site. Fill the bellow form and we will get back to you with decision. Free signup, no setup fees, offshore merchant account. Apply for Reseller account! About us.
Online Dating Services Merchant Accounts. Online dating is a thriving industry. In today’s heavily technologically driven world, people have very little time or.
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.
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!
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.
Our long-standing relationships with merchant banks across the world gives us a leg up against our competitors.
If you offer online dating services, Double Helix Processing can help you get the merchant account you need. Double Helix Processing will pair your online dating merchant account with the most compatible payment processing relationship for you and your business and a match you will fall in love with. 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 in a membership and subscription-based billing, Double Helix Processing can provide a payment processing solution for your company. Chargebacks are common and challenging 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. This means that your online dating company will need a high-risk merchant account.
Toll Free: Once you have your information submitted to our underwriting team, we will go to work getting you approved. Confirmed fraud alerts, sent in real time. Stop more fraud, eliminate more chargebacks and accept more transactions. We have been able to get a merchant approved when no other options were available provides merchant accounts for credit card processing for the high risk business model. We continue to add banks and processors who offer high risk payment solutions. As such, we will always the new payment solutions that are available on the market.
We can process for almost any legal business model. Some high risk businesses that we process for are as follows:. Many banks or processors consider certain types of business models to expose the bank or processor to higher levels of risk. Some of these business types include: travel merchant accounts, timeshare merchant accounts, adult merchant accounts, loan modifications, call center merchant accounts, collection agency merchant accounts, telemarketing merchant accounts, various internet merchant accounts, and many more.