Dating Will Be Viral in 2040

Mar 25, 2016

By the year 2040, over 70% of couples will meet, date and form relationships online. This is the latest prediction made by masters students in Imperial Collage of London. As popular as online dating websites are now, they are thought to become the dominant vehicle for romance in the next 25 years. Thanks to a proliferation of data, web space, and matchmaking algorithms, users will be able to enjoy a “full-sensory” experience that encourages intense and long-term romantic bonds across the internet. As a result, many online dating companies are experimenting with new technologies to get a piece of the action.

One of the major technologies that researchers are experimenting with is called “deep learning.” Deep learning applies algorithms that process large amounts of information and produce feedback loops during real-time online interaction. The feedback loops quickly notify participants or dating systems with real-time data that can be used to find other matches. Some of the new algorithms can even calculate the odds of two users getting married or starting a family.

Romain Bertran, Country Manager of eHarmony UK, hypothesizes that dating in the future will be calculated by powerful compatibility algorithms to ensure high matches. In the very near future, software will track the movements of dating website users. It will gather information like places they visit, activities they enjoy, games they play and other information to create more in-depth profiles and refine compatibility variables.

The Imperial study also mentioned the use of DNA compatibility to assist in finding the perfect match online. The cost of DNA sequencing is expected to fall significantly by the year 2040. As a result, the average Joe will be able to pay to find a potential mate online with desirable DNA to procreate with. In 20 years most couples will meet and date online. This means that entrepreneurs who want to invest in a profitable niche, should seriously consider these technologies for their portfolios.

EMB is the payment processor for entrepreneurs that are not afraid to invest in developing technologies. If you have an adult merchant account or dating merchant account, will properly manage your account. If your chargeback rate is less than 3%, EMB can help expand your adult merchant account through premium payment processing services.

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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 on 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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