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.
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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.
Make a payment from your mobile device. Learn how. Call anytime. Find a Chase ATM or branch near you. The ” credited ” date is the effective date of your payment, which determines if your payment is made on time and is used for calculating interest. The ” posted ” date evening is when your payment will be displayed online as a transaction in your account activity and applied to your account balance.
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An online payment gateway is the invisible barrier and payment processors consider online dating to be.
Online dating sites trust our services because we offer a robust, secure platform that meets the needs of all dating business types. Whether you cater to a specific dating segment or you need to accommodate a broad range of members from around the world, we can custom-create the ideal merchant services solution for your business. QPay Europe has established relationships with banks and financial institutions all over the world.
When you choose us as your merchant services provider, you can send and receive types of currency and transact business with customers in almost every country in the world. We are a PCI Level 1 compliant company; all financial information is encrypted and transmitted according to the highest security standards. Our Fraud Scrub technology uses complex filtering algorithms to detect and screen suspicious transactions, and our in-depth reporting system allows you to monitor all of your payments in real time.
We learn about your business, assess your goals, and tailor a unique solution to help you get the maximum benefit from your merchant services. Our mission is to help foster the success of our clients. Our versatile reporting tools, state-of-the-art security, and global payment options are available to small and large businesses alike. Let us show you how our payment gateway solutions can take your dating website to the next level. Accept payments from nearly every country in the world.
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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.
is an expert in credit card processing for online dating sites. We boast some of the world’s largest dating companies and we have dealt with a wide.
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. Credit card processing for dating sites can present a higher level of risk for payment service providers. This is mainly due to the fickle nature of the customers who use these sites, which may cause headaches for the merchant when trying to obtain online dating credit card processing.
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.
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.
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. Many banks still consider dating sites to be a payment risk. Their concern about chargebacks often outweighs the popularity and profitability that an online dating site can obtain.
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They need an effective payment processor to avoid lower conversion rates with card payments. online dating friendly fraud. Source: chargebackscom.
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.
Online Dating Merchant Accounts
A credit card is a payment card issued to users cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder’s promise to the card issuer to pay them for the amounts plus the other agreed charges. A credit card is different from a charge card , which requires the balance to be repaid in full each month. A credit card also differs from a cash card , which can be used like currency by the owner of the card.
A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date. The size of most credit cards is The card number’s prefix , called the Bank Identification Number known in the industry as a BIN  , is the sequence of digits at the beginning of the number that determine the bank to which a credit card number belongs.
The payment processor that hundreds online dating sites use for their credit card processing needs. We know your needs and requirements better than most.
You can also transfer money from your Bank of America checking or saving account to your Bank of America credit card. Not an Online Banking customer? Enroll in Online Banking today. On your mobile device Sign in to the Mobile Banking app and select your credit card account, then select the Make a payment button. You can also tap the Erica icon and say, “I want to pay my credit card” then follow the instructions if you prefer, you can also type your message to Erica. Get the app.
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. The adult entertainment industry is a growing sector in the UK and offers some very lucrative opportunities for business owners in the industry. However, securing merchant services for adult shops and ecommerce stores can be difficult, as most mainstream merchant providers will view payment processing for adult shops as high risk.
At Merchant Account Service we specialise in arranging high-risk merchant accounts across a range of industries including adult shops, escort services, webcam sites and dating sites.
To avoid falling victim to an online dating scam, there are several things you can do. 1. Keeping an eye on your bank accounts and credit card statements on a.
Contact us today and find the perfect match for your online dating merchant account in as little as 5 days. There are several types of online dating merchant accounts, from the unique niche-based business models to membership and subscription billing, PayKings can provide a payment processing solution for your company. Chargebacks are quite common 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 — which just means that your online dating company will be looking for high risk merchant accounts.
You may also incur chargeback fees in the case that a married person finds their partner on a dating site, and when confronted about their involvement on the site, the member typically files false charges and denies any authorization of the membership fees. Aggregate payment processors like PayPal, Stripe, and Square do not allow payment processing for high risk businesses similar to those who are in the online dating industry. Paykings makes payment processing a seamless experience. When you work with true experts in the field, everything runs so much smoother.
We specialize in working with high risk merchants, like your business, and we have multiple acquiring banking partners that offer Online Dating Merchant Accounts. Think of us as your one-stop-shop for all your payment processing needs. Stop waiting. Contact us today and find your perfect match in as little as 5 days. Skip to content Contact Apply Now.
Looking for processing love in all the wrong places for your Dating Merchant Account?