Although online dating merchant accounts are considered high risk, it doesn’t mean online dating merchants should have to suffer. Whether your online dating service is subscription-based or niche-oriented, Instabill has the merchant account solution for you. Instabill can provide online dating merchant accounts for the following dating websites:
Click to expand each section and learn more about online dating merchant accounts from Instabill.
The time it takes for an online dating merchant to earn an approval varies with each type of solution Instabill offers, but we can offer an estimate:
Our merchant account managers are available one-on-one at 1-800-318-2713, or simply click the ‘apply now’ button to get started.
Instabill offers numerous merchant account solutions for online dating merchants:
There are two main reasons the online dating industry falls under the high risk business category:
High Chargebacks: Consumers who subscribe to online dating websites sometimes find few or not enough suitors to their liking. Unsatisfied, it is common for some consumers to file a chargeback with their credit card issuer, citing the online dating merchant failed to deliver its service.
Transaction Laundering: Instabill underwriters sometimes find a merchant’s online dating website is a front for a different industry, such as an escort service or even prostitution. Our underwriters and merchant account managers vet merchant websites thoroughly before offering a merchant account solution.
Chargebacks are common in the online dating industry for several reasons. The most common reason is when a member of an online dating site may not find what s/he is looking for, and therefore may file a chargeback with their credit card brand for failure to deliver.
Secondly, online dating websites are popular among married individuals committing infidelity. One spouse often discovers the other on a dating site, who in turn denies any involvement and files a chargeback with their card issuer.