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Research and Statistics Advertiser Disclosure. Use online dating services? The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Online dating services can be a terrific and efficient way to find love. However, due to the anonymous nature of the process, hazards abound. A prevalent problem Connecting with prospective matches electronically is a thrill, but hope and excitement can supersede sound judgment and fact checking.

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Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. Advertiser partners include American Express, Chase, U. Bank, and Barclaycard, among others.

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DigiWorld Partners had the opportunity recently to sit down with Conal Cunningham of InovioPay to discuss some of his insights regarding credit card processing. According to Pew Research, online dating among to year olds has nearly tripled in the past three years and doubled among to year olds. This trend shows no signs of slowing anytime soon. Credit card payments for dating sites, however, is considered risky business for many card issuers, which was a main topic during this interview.

Why Dating Sites Are Different The reason dating sites are considered to be one of the most dangerous environments for credit card processing is because of the unusually high probability of chargebacks. When this occurs, the dating site receives a black mark from their card processor, even though the site itself has no control over the situation, since the purchase made on the card was totally legitimate.

This is why businesses utilizing credit card processing for dating sites should have the necessary risk mitigation services in place to protect themselves from the negative aspects associated with this industry. Failure to stay ahead of chargeback problems and bank disputes so prevalent in the online dating sector can result in revenue losses, increased transaction costs and even fines. Charges Versus Fees While the percentages that banks charge dating sites per transaction are typically in line with those for other online retailers, the real cost stemming from disputes turning into chargebacks is in the fees your bank will levy.

Keeping Outside of the Chargeback Channel To get in front of these problematic chargeback issues, InovioPay works with networks that have good standing relationships with the big name banks that issue most of the credit cards used by dating site visitors. A refund is guaranteed to the customer and the entire matter is handled without incurring high fees or fines.

Friendly Chargebacks and Chargeback Mitigation No matter how sophisticated your credit card processing for dating sites may be, there will always be people who try to beat the system by purchasing your service and then later going to their bank, complaining for some reason and demanding a refund.

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Are you looking for payment processing for your online dating site? We provide online dating merchant accounts designed to meet the special requirements of dating apps and internet dating sites. Having the right dating merchant account is vital to your success in an increasingly competitive industry. With over dating sites worldwide, and more being added every day, competition is fierce.

How Does Tinder Appear On A Credit Card? First, it’s important to know what service you’re using and how they display their statements. For instance, in many​.

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. No matter where your company is located, you can accept payments from just about anyone living anywhere. Contact us today to learn how we deliver the best credit card payment services to the Dating Site industry.

We take security seriously. Our state of the art fraud scrub technology employs complex filtering systems to detect fraud and screen suspicious transactions, reducing the number of declined transactions and lowering chances of your merchant account being terminated. We are also a PCI Level 1 compliant company, ensuring all of your credit card information is transferred securely over the web. Since day one, our CEO has vowed to cultivate small business growth and help businesses become success stories.

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