1 / 5

Merchant Account for Online Dating Websites

Statistics shows that Online Dating industry is changing perceptions and dynamics within social norms regarding Online Dating and relationships among adults. Online dating websites are growing popularity as well as profitability in today’s world. The first and foremost requirement for the operation of your business is the need for a merchant account. For any queries please contact us telephone 1 (888) 622 - 6875 1 (844) 465 - 4723 Email info@merchantstronghold.com https://www.merchantstronghold.com

merchantservices
Download Presentation

Merchant Account for Online Dating Websites

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Merchant Account for Online Dating Websites  MERCHANT STRONGHOLD

  2. SUMMARY Statistics shows that Online Dating industry is changing perceptions and dynamics within social norms regarding Online Dating and relationships among adults. Online dating websites are growing popularity as well as profitability in today’s world. The first and foremost requirement for the operation of your business is the need for a merchant account. However, finding a merchant account for your business can be the difficult task as your business falls under a high risk business category. It doesn’t matter which one you choose. If you get too many charge-backs your merchant account will be closed no matter what you do and you won’t be able to get a new merchant account.

  3. Reasons Online Dating business falls under High Risk Category  1 High Charge-backs:  Most of acquiring banks, payment gateway providers deny giving merchant account to Online Dating business because merchant accounts that take too much charge-backs are a higher risk for them. 2 Stability: Online dating Industry has instability issues that makes it high risk. This industry has shown rapid growth in past few years but has the stability issues with it that makes this industry a high risk industry. 3 Perception: Regardless of your website, how honest your business is this industry carries the risk of association with the escort services.

  4. Requirement of Offshore Start-ups Online Dating Website Merchant Accounts 6 months of business banking statements If no business banking statements, 3 months of personal banking statements Approvals: 5 business days to two weeks When people pay for love but they don’t find out, they ask for their money back. With more than 2.1 billion in annual revenue there is huge profit making potential in this industry, but securing against some of the riskier aspects of the business is going to be crucial to securing a payment processing partner. With due process and research, you can find an adult merchant account for your adult dating website.

  5. CONTACT US US HQ 10300 49th Street N Suite 427 Clearwater, Florida 33762 UK HQ 45 Rosehaugh Road Inverness Inverness-Shire IV3 8SW  +1 (888) 622 - 6875  +1 (844) 465 - 4723 info@merchantstronghold.com https://www.merchantstronghold.com/

More Related