Oct 02, 2017

Online Dating Industry Trends Today and Beyond

  A recent report by Marketdata Enterprises, Inc. revealed that dating services have grown into a $2.5 billion business in the United States alone. Furthermore, online services account for 70 percent of the market’s value. An explosion of new websites and apps has continued to make the dating services industry soar in popularity with America’s 124 million singles. This industry...

Mar 17, 2016

$2 Billion Online Dating Industry Goes On Expanding

Some online dating sites target certain religious and ethnic groups. Others are developed to match couples with specific interests. Popular mass audience websites include eHarmony, Match.com, etc. Niche sites succeed by focusing on singles being in quest of something specific. Modern Online Dating Market The online dating industry has been expanding at 3.5% annually since 2008. Today, it counts for...

Feb 16, 2016

Views on Dating Sites’ Bots | Adult Dating Merchant Account

The technology analyst firm Are You a Human states bots generate 59% of all online traffic. Satnam Narang, Symantec’s senior response manager, notes that bots count for the majority of matches. Ashley Madison’s Case Ashley Madison, a popular online dating service site, isn’t the only one that has fake profiles. This is according to the industry’s largest trade show, iDate’s...

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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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