Dating Predicted to be Fully Digital by 2040

Jan 20, 2016

According to a study by masters students of the Imperial Collage of London – commissioned by eHarmony – dating could be done completely online by 2040. This means that 70 percent of couples seeking a relationship will be meeting and interacting online by 2040. Continued advances in emerging technologies will only make this easier.

The study predicts that, in 25 years, data will increase at such a rate that around 886 gigabits of data will be shared every second. This figure was calculated by extrapolating the rate at which speeds have increased since 1800. According to the students, this will generate a “full-sensory” virtual experience, even though the individuals are not physically within reach of each other.

In addition, according to iflscience.com, “The report suggests that advancements in genetic research will help people to understand how their genes play a role in deciding which people they are attracted to. Combined with the plummeting cost of genome sequencing – which they predict will cost as little as $980 (£650) per genome in 2040 – this information should allow lonely hearts to match themselves to partners based on their DNA, rather than their personalities.”

Romain Bertran, country manager of dating website eHarmony UK, shared that the dating process will become more streamlined in the future, due to the new understanding of human behavior. Devices will be able to track an individual’s actions, what he or she prefers to do and where he or she prefers to go. All habits and activities will be analyzed to match single people with an individual that has the same interests.

In addition, “deep learning” algorithms will be able to process a larger amount of data, allowing for the generation of feedback in real-time during romantic interactions. Researchers feel that these developments in artificial intelligence will have a huge impact on improving people’s decision-making when it comes to finding love and interacting with that individual. In addition, it could help couples recognize potential issues and make milestone decisions, like when to marry and have children.

This study supports facts already seen and experienced within the online dating industry – people want to be matched with quality people. With the busy lives we lead, people want to find a match in the simplest and most efficient means possible. These predicted changes and developments are good news for the online dating websites. For those looking to move into this industry, consider what an adult dating merchant account with emerchantbroker.com can offer you. Take advantage of the predicted growth of the industry and apply for an account with EMB today.

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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