Online dating merchant account
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.
Online Dating Merchant Accounts
With multi-bank solutions that have been tested in your industry, our Online Dating merchant services can ensure that your application will only be submitted to banks that work with businesses like yours. We will beat or match any processing rate! Our online universal application , which is integrated with numerous banks, assures a quick Online Dating application and approval process so you can start accepting credit cards right away. Not ready to start? Create your account today and start processing when you are ready!
If your account gets flagged, we can move to multiple backup banks with minimal downtime. Payments are transfered to your account in just 48 hours. Get paid quickly with automatic transfers. Merchants providing online dating and matchmaking services often find themselves experiencing difficulties when obtaining merchant accounts. Big banks and payment processing companies refuse to provide online dating merchant account services due to multiple risks that are involved in doing so.
At PayDiverse, we have spent countless hours learning the ins and outs of this industry and are pleased to provide online dating credit card processing services that include features such as award-winning fraud protection, multi-bank and offshore processing and chargeback alerts. Our services are tailored to each industry we serve to provide them with the features and services that suit their specific needs. As the stigma that surrounds online dating diminishes and the practice becomes more mainstream, the industry continues to experience growth year after year.
Online dating services provide users with matchmaking services for a nominal fee. It is now becoming increasingly common, however, for online dating merchants to use a business model that includes a timed free-trial followed by recurring monthly subscription fees instead of the aforementioned model. This is likely because nowadays it is far too simple for users to take advantage of viewing members in their area for free and track them down using social media sites such as Facebook, Instagram or Twitter.
There are, in fact, many reasons that result in big banks and payment processors declining to offer merchant accounts and online dating payment processing services in this industry. Some reasons, unfortunately, are due to some merchants giving the industry a bad name, while other reasons are more related to the customers of the industry and the risk they create. Online prostitution rings, escort services and human traffickers commonly use online dating websites as a front for their illegal activities.
Doing so helps them to launder their illegal funds and provides them a platform with which to sell their services. Merchants who offer free trials and recurring billing options are almost always deemed high-risk by big banks and payment processors. Customers who register for free trials and recurring billing have a much higher tendency to request chargebacks.
Online dating sites are often frequented by married men and women looking for a secret rendezvous. This presents a huge chargeback risk. Many times when a spouse discovers online dating charges on credit card bills or bank account statements, the cheating spouse will claim it as fraud and initiate a chargeback fraudulently to avoid being caught.
Online dating services are notorious for having high chargeback ratios. Part of this is because of the infidelity mentioned above, however, chargebacks occur in this industry for a number of other reasons. Other times, customers may initiate chargebacks after a bad encounter on the site, or unfortunately, they may request a chargeback after making a positive connection in order to avoid paying for the service.
At PayDiverse, we offer online dating merchant account services for high-risk merchants with a variety of online dating services, including:. We offer high-risk merchants a multitude of fraud and chargeback protection features along with a secure payment gateway that provides online dating merchants with long-term, reliable payment processing solutions. The online dating industry is at a particularly high risk for excessive chargebacks, therefore, online dating merchants who use PayDiverse as their payment processor find our chargeback alert and chargeback dispute systems to be a great asset.
Our system notifies merchants in real time as soon as a chargeback is requested on their account. This allows the merchant to act quickly, filing a dispute whenever necessary against the chargeback. Multi-bank payment processing is ideal for merchants with high chargeback ratios. At PayDiverse, we secure a minimum of four banking solutions for every client and from day one, payments will be equally dispersed across all supporting banks.
With ACH and e-check acceptance, customers are able to pay merchants for goods or services directly from their bank account without the use of a credit card. Accepting these payments can drastically increase sales for online dating merchants, as it expands their customer base beyond those with credit card accounts and gives customers additional payment options.
PayDiverse offers industry-leading fraud protection to all high-risk merchants. Our award-winning fraud prevention tools are integrated into our secure payment gateway. These tools analyze hundreds of data points to detect fraud on the spot, notifying the merchant at the first sign of suspicious seeming activity. Merchants have the ability to configure fraud filters and automatically reject transactions based on their specifications.
Our application process is simple and quick. Just fill out and digitally sign our secure online application, and submit your supporting douments. Our underwriting team will review and confirm your information within 24 hours and if approved, we can have your setup complete within 48 hours of acceptance. You can fill out our application form here. Fill out our free and quick merchant account application and let us match you with many banks that want your business.
About Us Contact Us Blog. Lowest Rates, No Reserves We will beat or match any processing rate! Fast Approvals Our online universal application , which is integrated with numerous banks, assures a quick Online Dating application and approval process so you can start accepting credit cards right away. Online Dating Payment Processing Solutions Merchants providing online dating and matchmaking services often find themselves experiencing difficulties when obtaining merchant accounts.
The Recurring Billing Risk Merchants who offer free trials and recurring billing options are almost always deemed high-risk by big banks and payment processors. The Infidelity Risk Online dating sites are often frequented by married men and women looking for a secret rendezvous. Other Chargeback Risks Online dating services are notorious for having high chargeback ratios. Online Dating Credit Card Processing Services At PayDiverse, we offer online dating merchant account services for high-risk merchants with a variety of online dating services, including: Religious dating sites Race-specific dating sites Dating sites for the elderly Location-based dating sites Dating sites specific to the LGBT community Adult dating sites Compatibility dating sites We offer high-risk merchants a multitude of fraud and chargeback protection features along with a secure payment gateway that provides online dating merchants with long-term, reliable payment processing solutions.
Chargeback Alerts The online dating industry is at a particularly high risk for excessive chargebacks, therefore, online dating merchants who use PayDiverse as their payment processor find our chargeback alert and chargeback dispute systems to be a great asset. Multi-bank and Offshore Payment Processing Multi-bank payment processing is ideal for merchants with high chargeback ratios. Fraud Protection PayDiverse offers industry-leading fraud protection to all high-risk merchants.
Diverse Payment Processing is Smart Processing Fill out our free and quick merchant account application and let us match you with many banks that want your business. Get Started Today. About PayDiverse. Customer Support. High Risk Services. High Risk Industries.
Instabill offers custom online dating merchant accounts. Find a merchant account designed for your online dating website's success. Online dating merchants rank high among fraudulent businesses.⚡ We are here to help you get quick access online dating merchant accounts & Payment.
Internet is hub for shopping and various services for this generation. So much so that people find it really simple to initiate their dating from online encounters. The nature of this industry has been through a lot of scrutiny and problem for adaption but as the youth has been supportive of this idea, the websites find it amazing to dwell in it. Online dating websites like Tinder, eHarmony, Match, Elite single and more have had their own history of challenges; although some of them being similar like general acceptance by its users and preventing the misuse of the portal from other disdainful activities. However, the time has unfolded into a new venture for these businessmen and made their ideas pretty much successful.
You have got an online business? Then you also must have a secure online payment option too.
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.
Online Dating Merchant Accounts | Credit Card Processing for Your Dating Site
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! Naturally, due to the electronic nature of online dating, you need to secure safe and reliable online dating credit card processing before you can even think about doing business.
Online Dating Merchant Accounts
Online Dating Merchant Account Online dating merchant accounts are very popular as the increase in dating websites evolves throughout the US and the world. These businesses are grouped with high risk businesses since there is a higher chance of fraud and chargebacks associated with these types of businesses. Dating merchants and their websites are considered high risk for a number of reasons. As with most businesses considered high risk, dating is a service only business with no product. There is no guarantee that the customer actually receives what they are purchasing. A product based business would have a number of factors that would give evidence that the product was shipped and received. Dating websites have fraud protection tools however if someone is using a credit card that is actually theirs and they chargeback the sale there is no way of protecting against this. The banks call this friendly fraud.
Running a dating website can be challenging, especially when it comes to dealing with membership fees and how payments are processed.
We live in an age with an abundance of personal information exposed in the ether of the internet. Most of this information is disclosed voluntarily by the user, often without direct monetary cost. Social media is more prominent than ever—from old mainstays like Facebook and Twitter to newer apps like Instagram and Snapchat. There are even plenty of platforms for anybody to go and engage with niche interests, such as Pinterest and Reddit.
How to find the best Online Dating Merchant Account solution?
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. What are you waiting for? We understand the multitude of challenges you face while dealing with high transaction volumes, especially considering the flexible online payment options you offer to your Customers like one-time membership payment or instalment-based payment EMIs on credit cards. Radiant Pay combines the expertise, experience and market understanding to offer you a hassle-free experience while finding the best Merchant Account solution for online dating business. You will fall in love with how the high risks of your business seamlessly convert to high profits! With Radiant Pay's Merchant Account Solutions, it is very simple to match your goals with actual earnings. We employ the best technology and customer support to give you the best that your business deserves.
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. 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.
Dating Site Merchant Account
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. If your online business does not support the credit card or online payment then it is a complete loss. Making money from online dating sites are very easy.
Instabill got its start by offering credit card processing for online dating merchants in , and continues to offer online dating merchant accounts 15 years later. Whether your online dating service is subscription-based or niche-oriented, Instabill has the merchant account solution for you. Instabill can provide online dating merchant accounts for the following dating websites:. There are two main reasons the online dating industry falls under the high risk business category:. High Chargebacks: Consumers who subscribe to online dating websites sometimes find few or not enough suitors to their liking.
In this fast-paced world with little time left to socialize, no wonder the singles need an alternative way to mingle. Online dating, first introduced as personal ads in the 90s, saw a massive surge with the appearance of dating websites and apps. Safe to say, it is one of the most lucrative industries today and the numbers are only predicted to grow at a steady pace. Planning on launching your own dating website? Apart from being an over-saturated market with restricted laws, online dating merchants also have a tough time dealing with financial institutions.
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.Electronic Cigarettes Merchant Account - Credit Card Processing for High Risk Industries