Jun 21, 2018

4 Reasons Why Online Dating Sites are a Challenge to Own and Operate

It seems like everything has moved online these days. Businesses, grocery shopping and now dating. With approximately 91 million interested singles between the ages of 19 and 45, it makes sense that many entrepreneurs would see launching a dating site as a lucrative business venture. However, running a successful online dating site is not as simple as you might think....

Jan 25, 2018

Credit Card Processing for Your Online Dating Site

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...

Sep 12, 2017

How eChecks can Boost Your Adult Merchant Business

Adult Companies offer echecks to boost up revenue, attract new sales and reduce the cost of processing payments. Echecks can be used as a supplementary payment method and are often more affordable in terms of processing payments. What’s more, they help increase sales in adult merchant accounts by 8-20% from customers who lack credit cards or just prefer to pay...

Sep 16, 2016

What to Look for in an Online Dating Merchant Account

From Tinder to eHarmony, and JDate, there are numerous dating websites and apps around. There seems to be one for every niche, making this a lucrative and helpful business venture. For those looking for a new business venture, this is great. But, one of the biggest problems comes when you are looking for a merchant account. If you have previously...

Mar 28, 2016

Why Online Dating is Taking Over The Dating World | Online Dating Merchant Account

Online dating is one of the fastest growing industries in the world. According to a recent Pew Research Center study (2015) of 2,000 American adults, about 15% admit to using online dating sites and/or mobile dating apps. Millions of singles flock to dating websites every single year to find love, and young adults are at the forefront. Use of online...

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...

Jan 13, 2016

THE BUSIEST TIME OF YEAR FOR ONLINE DATING MERCHANTS

Holidays are the busiest time of year for online dating businesses. Online dating industry gets more than $1 billion revenue during this period. What Is Expected In The Online Dating Industry? As dating app Zoosk expects, the number of users will grow by 20% during the first 2 weeks after the New Year. Since the holidays, eHarmony witnessed a 21%...

Nov 09, 2015

Top Tips to Boost Online Dating Website Rankings

There are 124.6 million singles in the United States searching for love on the internet, and the numbers keep growing. Last year, singles spent over $82 billion on dating websites. A Pew report showed that one-fourth of Americans between the ages of 25 and 34, called themselves “online daters.” As the online dating market continues to blossom, innovative entrepreneurs have...

Sep 21, 2015

7 Tips to Receive More Traffic to your Dating Site

Dating websites have become big business in the recent past. More and more people are taking to online dating platforms to meet their partners or just for the heck of it. And with this has come a great opportunity for merchants to make more bucks. However, with the number of merchants offering dating services steadily increasing, a big problem has...

Jun 15, 2015

Finding the Right High Risk Merchant Account

When you start to look for services, like a merchant account, you suddenly realize the banks, who were jumping through hoops to get your business in the beginning, suddenly have little interest in you, especially, when you need services they offer. Only then might you begin to realize that your online dating business is in fact a high-risk business. You...

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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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