According to IBIS World, the market size for Adult and Pornographic webistes in the US is expected to hit $856.2 million in 2022. The expected growth rate for these websites are predicted to increase by 6.5% in 2022. The market size has grown by 10.5% every year between 2017 and 2022. Clearly, the adult industry continues to make great strides,...
According to IBIS World, the market size of the Adult and Pornographic website industry in the US was worth $803.6 million as of 2021. It is expected to grow by 3.7% this year, increasing faster than the technology sector. The market has grown on average 12.7% per year from 2016 to 2021. Unsurprisingly, given the growth of mCommerce, the mobile...
Unfortunately, when looking for credit card processing for your adult entertainment business, you may hit a snag: traditional providers may inform you repeatedly that they don’t work with the sector you’re a part of. In all honesty, the adult entertainment industry does come with reputational risk and chargeback issues traditional financial institutions do not wish to be linked to. So,...
The adult entertainment industry is a multi-billion dollar industry, in the U.S. alone. But it does face its own unique set of challenges that can make it complicated to operate smoothly, despite consistently strong demand. For example, consider payment processing. Today, one of the most important elements of the customer experience is the payment process; it needs to be as...
The spread and popularity of the internet are increasing the number of social media and dating site consumers by 15% per year. Back in 2018, the global internet dating industry was valued at 3 billion USD. Other statistics show that an average online dater uses more than 200 USD per year on dating sites, so entrepreneurs must pay close attention...
Adult-related businesses have long been marginalized when it comes to a merchant account and payment solutions. Many banks don’t want to process payments for escort services. Yet an escort service needs a secure merchant account to begin processing online payments. This type of business is categorized as a high risk for many reasons, and most financial institutions would rather stay...
COVID-19-related shutdowns forced people to stay indoors and start meeting online more often than previously. Online daters began using video chat services Zoom and FaceTime for organizing virtual dates. The majority of online dating apps created new features such as “digital date.” Online Dating After COVID-19: Online Dating Merchant Account A 2019 Stanford study showed that couples were more willing...
Adult entertainment existed even before the dawn of eCommerce, but the shift to online platforms has unlocked the industry’s full potential and seen it grow to a billion-dollar venture. Not that it wasn’t profitable before, only that it operated behind the scenes and its goings-on weren’t scalable. What eCommerce did was weed out bad players, registered the sector in the...
The majority of e-commerce merchants that sell their products/services through apps turn to the Google Play Store and the Apple App Store. Now, Tinder has decided to bypass Google Play for in-app payments. Are you an e-commerce merchant interested in accepting money online? Do you want to know more about this topic? If yes, go on reading this post. Tinder...
Running an adult business is one of the most profitable avenues of online moneymaking. Are you an adult business owner interested in growing and developing a much stronger business? What are the best adult merchant accounts to help you with this? Just read below to know what you need. Modern Adult Industry The modern adult industry offers new opportunities to...
