Adult dating websites are a lucrative new trend, and they are a great way to break into the business world. However, finding a merchant account processor to deal with your company is not as easy as you might think. While the majority of banks might turn down these businesses, there are options available to process your adult dating website transactions.
While an adult dating website can bring in big business, banks and traditional processors are not willing to give out merchant accounts to these companies. The main reason is that these businesses are labeled “high risk” due to their increased risk of fraudulent activity. It is not just adult dating websites that are under this label, but other everyday businesses such as e-cig merchants, collection agencies, and firearm merchants. This label can hinder the chances of a business getting a merchant account, however it is not impossible.
High risk merchants need a merchant account provider that specializes in high risk accounts. They need a provider that knows the difficulties the can come with a chargeback claim, as well as the high influx of transactions that these businesses bring. High risk merchants need eMerchantBroker.com. With eMerchantBroker.com (EMB), your business will never be turned down due to the “high risk” label. In fact, we specialize in high risk accounts, including those belonging to adult dating websites. While others will turn these accounts away, we at EMB embrace them. Our team is skilled in the ins and outs of high risk businesses, such as high payment influxes and chargebacks. As long as your chargeback rate is below 3%, we can help you get your business the proper adult dating merchant account. Chargebacks occur when a fraudulent charge is detected by a customer, and our chargeback insurance can help you determine which charges are actually fraudulent, as well as helping you save on the sky-high chargeback fees merchants are charged.
While the majority of banks turn down adult dating merchant accounts, EMB does not. We are experienced in dealing with adult dating accounts, and are here to help you if any issues arise. High risk companies need an account processor that knows the business they are in, and rest assured that our team will help you in your new business adventure.
To set up your adult merchant account, contact us today!