Credit card processing for dating sites

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One in 10 consumers spend over one hour daily on dating apps, such as eHarmony, Tinder, Match, OkCupid, and Coffee Meets Bagel,. DigiWorld Partners had the opportunity recently to sit down with Conal Cunningham of InovioPay to discuss some of his insights regarding credit card processing. Why PaymentCloud: This provider has one of the highest approval rates for accepting high-risk business types.

Although high risk credit card processors tend to charge higher rates or sin cash reserves from their merchants, they can also help streamline your business by providing online payment solutions, internet marketing tools, and readily available customer support. Establish Long-Term Credibility There is more to being a successful online dating merchant than getting approved with good rates on the front end. Online North Credit Card Processing with CDKPay Hassle-free Approval Choosing the right bank is one of the most important steps in this process. While businesses classified high-risk may have a higher fraud threshold, the downside is that some banks may decline charges from a high-risk business. This trend custodes no signs of slowing anytime soon. Payline Data Headquartered in Chicago, Illinois, has consistently rated as one of the best merchant account providers on CPO since we first reviewed the company. Our underwriters and merchant account managers vet merchant websites thoroughly before offering a merchant account zip.

Their concern about chargebacks often outweighs the popularity and profitability that an online dating site can obtain. This technology helps determine if a credit card processing transaction is fraudulent or secure. Looking to switch instead?

Credit Card Processing for Dating Sites | Online Dating Merchant Account - My pricing prior to using their services was 2. Credit card payments for dating sites, however, is considered risky business for many card issuers, which was a main topic during this interview.

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. Challenges to Opening an Online Dating Merchant Account 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. It can be difficult to find a merchant services provider to approve your merchant account. For those accounts that are approved, high processing fees can make it difficult to run your business. Your need a merchant services provider who understands your business and offers competitive rates. CDKPay can help you with credit card processing for your dating website. Online Dating Credit Card Processing with CDKPay Hassle-free Approval Choosing the right bank is one of the most important steps in this process. DKPay is experienced with online dating merchant accounts, and we work with a wide network of banks. Our expertise will eliminate trial and error, as we will match your company with a bank that understands your business model. Low Rates that Help You Stay Profitable Getting approved for an online dating account will not help if you have to pay ridiculously high rates. CDKPay has established relationships with the right banks to bring you affordable rates. Most of our clients are able to attain low rates for credit card processing, some even as low as 2. Establish Long-Term Credibility There is more to being a successful online dating merchant than getting approved with good rates on the front end. Chargebacks and instances of fraud can damage your credibility and cause a rate increase. Persistent problems can even cause you to lose your account. At CDKPay, we help you prevent chargebacks by monitoring and preventing fraud from happening, helping you to successfully process payments through your online dating merchant account. CDKPay has a robust package of fraud and risk management features. We can help you proactively manage these risks to keep your account in good standing. In some cases, we have been able to cut chargebacks in half! We offer responsive customer service so that you can run your business with ease.