Credit card processing for dating sites and apps
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!
Online Dating Merchant Accounts
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.
Additionally, their processing fees dipped below 5% due to their performance and obtaining their own merchant account. Adult dating sites and.
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.
With people moving for work or college to big cities where they have limited social resources, connecting online provides them with a way of reaching out to like-minded and compatible peers. Some online dating websites are designed for singles seeking partners who share their religious or ethnic background.
Dating Merchant Services
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.
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.
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.
Online Dating Merchant Accounts | Credit Card Processing for Your Dating Site
Over the last decade, the amount of people dating online has surged immensely. What once had a stigma attached to it now has become mainstream. Individuals have found that online dating takes much of the guesswork out of meeting people. Traditional sites such as Match. We have even seen a rise in the specific dating sites that target certain races, religions, sexual orientation and pastimes.
No matter if you like the concept or not, online dating has become the new norm to meet that special someone.
This definition of merchant accounts describes how credit and debit card When a customer pays for a product or service with a credit card, the funds are first.
Although an online dating business is regarded as a high-risk and needs high-risk solutions for making your business work appropriately. PayCly fulfills your dreams with no hassles. With a reliable gateway to make your business work, you can look for an awesome transaction process. Our gateway solutions offer the best ways for enhancing your transaction process with the aid of our experts.
You can call us or approach us through our website and get the right solutions for your business. Want incredible solutions for your business; connect with PayCly experts to get the right solutions. PayCly offers a credit card processing solutions with Merchant Accounts for Online Dating which aids in swiftly maintaining your transaction process. Credit card offers incredible transaction once you go for it.
You can maintain a transaction in a speedy manner. With fast solutions for your business, you can easily connect with many customers at a time. Credit cards offer efficiency to your online dating business, supposed to be a high-risk business.
Online Dating Industry Merchant Accounts
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.
Accept payments for Dating Website with multiple local payment methods for over Documentation. Set up your Paymentwall account and sell online! Business.
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. Company representatives say Match. Over the years, the company has improved its machine learning and designed intelligent tools to optimize results.
Merchant Accounts for Online Dating Sites
Are you searching for a cost-efficient and smoothly effective adult merchant account? You have landed in the right spot. Adult merchants are considered high risk by banks and processors. The main reason the adult industry is classified as high risk is concerns about chargebacks and fraudulent transactions. Companies processing high volumes of transactions often set up more than one adult merchant account to mitigate the risks of depending upon a single acquiring bank for all processing.
Our extensive network of acquiring banks lets you diversify processing among multiple banks to mitigate risk.
Finding a soulmate is as easy as shopping for clothes online. Technology has made every aspect of your life easy and looking for a life partner is no different either. What started as personal ads in the 90s, gained rapid resurgence after the introduction of dating websites and apps. The figures are only increasing rapidly. If you are a dating merchant, you will know it is one of the fastest growing as well as the most lucrative industries today. Which is also why, new merchants looking for a business opportunity also plan on capitalizing on a brilliantly growing industry.
Are you among those merchants planning on lauching a dating website or app? It might look rosy from the outside but the restrictive laws make entry of a new business quite difficult. Due to this, dating merchants also face challenges from banks and processors. And in order to do so, a merchant account is needed. But obtaining one is a challenge most dating merchants face because they are tagged as High Risk.
High rate of chargebacks, frauds and scams, restrictive laws, adult content, unsatisfied customers are the primary reasons for the dating industry to be considered as risky. Looking for a partner online is not easy and not everyone is happy with the end result.
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. Many online payment processing firms are reluctant to provide online dating payment getaways due to the high-risk nature of the business.
Merchant account services for your high-risk dating business. Integrate your dating website or mobile app with the Cardinity payment system.
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.
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.
Get Approved for an Online Dating Merchant Account. We have multiple Integrate your Payment Gateway with the backend of your site. Start accepting.
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. These customers prefer the structure and screening ability of an online dating site to the anonymity of a chat room. The growth of this industry creates significant opportunity for your site. However, if you have applied for an online dating merchant account, you might have run into problems.