It is vitally important to choose the right payment processor in the field as adult dating businesses are considered as high risk. Adult sites businesses are on the rise. This is especially true of services that operate online. However, adult businesses are not limited to adult dating websites. They include other types of adult sites that are classified as high risk as well. The reason is that such businesses are associated with a high amount of fraudulent transactions.
It is extremely important to turn to a credit card processing provider that is highly experienced and has a clear fraudulent chargeback policy. Choose EMB, the 1 adult dating and adult website merchant account provider in the country, to protect your high-risk business. EMB knows all the nuances of your adult dating business and can help you solve all your problems. EMB offers a chargeback suite to help you identify your fraudulent charges and keep your chargeback fees low.
This is can be harmful to any company. The adult dating sector is known for its high chargeback and dispute rates. EMB knows your business is risky. Even if other processors and banks stay away from you, EMB is ready to help you with your chargebacks and disputes. One site, BeautifulPeople, caters specifically to the genetically blessed and actually came under fire for dropping members after their holiday photos revealed some plumping up post Turkey Day. Click here to apply now. If you are planning on starting an online dating site, there is room for you, but consider the niche.
Before going live, you will need an online dating merchant account to allow you to securely collect payment from your members. This type of merchant account is considered by banks to be a high-risk merchant account. Most online sites selling similar services are classified this way. The risk stems from the possibility that a dissatisfied customer will opt to charge back the membership fee.
Some processing companies will tell you how difficult it is to establish credit card processing for dating sites, but we will find a solution and show you a rate that will knock your socks off. The non-qualified rate is the additional rate tacked on when a customer uses a particular type of card like a rewards card. The key in understanding the process and obtaining the best rate is to do some research and ask questions of the processor.
At The Transaction Group TTG , we pride ourselves in providing the best solutions for our customers. We have established banking partners throughout the world and are able to quickly approve almost any type of business, especially online dating sites.
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