The adult industry is quite lucrative. There is an increased number of merchants interested in an online dating business. Since the industry is considered high risk, it’s critical for merchants to turn to a reputable payment processor to open a reliable and affordable merchant account to start and grow their business.
Online Dating Merchant Account from EMB
Emerchantbroker.com (EMB) is voted the #1 high risk payment processor in the US, and is focused on providing a comprehensive and affordable online dating merchant account for its clients. EMB boasts an A+ rating with the BBB and an A rating with Card Payment Options. Moreover, EMB is named one of Inc. 500’s Fastest Growing Companies of 2016.
Emerchantbroker.com knows the challenges associated with high risk businesses best of all, and offers exceptional adult merchant account services for dating, escort, adult novelties, adult toys, adult bookstores, adult ebooks and magazines, strip clubs, membership, and adult content websites.
If you’re an adult business owner trying to open a merchant account, be aware the adult industry’s use of MCC codes is quite varied. It depends on the type of product or service you offer.
Emerchantbroker.com talks to each business owner so to get to know the ins and outs of his/her business. Then, EMB provides him/her with a merchant account that’s geared to that specific business wants and needs.
How to Get an Adult Merchant Account?
Adult merchants usually find it difficult to get approved for adult payment processing for their adult book store, dating, escort, adult massage, strip club, novelties, toys, adult membership or pornography content website. The high risk nature of this type of businesses makes traditional banks and processors shy away from them. However, this doesn’t refer to payment processors like EMB.
To get approved for adult credit card processing, the processor’s sponsor bank must allow adult businesses in their underwriting guidelines. Processors like EMB will require you to just fill out a simple online form. Then, you’ll have to provide the following:
- A valid ID, e.g. driver’s license
- Voided businesses check or bank letter
- Recent bank statements (at least 3 months)
- Chargebacks under 2%
- A secure, functioning website
- EIN (Employer Identification Number) or SSN (Social Security Number)
Once your company is confirmed to be legitimate, the underwriter will assess the risks associated with your adult business by looking at your bank statements, payment processing history, credit score, and your official website. With EMB, the application process if simple and hassle free.