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Social media payment gateway and merchant account solutions
As experts in credit card payment solutions for social media and online dating, we provide you with a merchant account that perfectly aligns with your business.
Try our dating social payment gateway, a professionally designed and streamlined custom payment processing system that can double the success rate of your orders.
Dating Site
Why is online dating business considered high-risk?
Social/online dating merchant accounts can be based on subscriptions or per-point charges, but regardless of the method, they are classified as “high-risk.”
Why is online dating business considered high-risk? There are several reasons:
．Chargeback
Chargeback refers to a situation where a customer purchases a product or service, retains the item, and initiates a transaction reversal through their bank (instead of directly requesting a refund from you). As a merchant, you will lose both the sale and the inventory in such cases.
If you receive too many chargebacks, you also risk losing your merchant account status. Unfortunately, chargebacks are very common in the online dating industry, making it challenging to protect and maintain merchant accounts.
Chargeback refers to a situation where a customer purchases a product or service, retains the item, and initiates a transaction reversal through their bank (instead of directly requesting a refund from you). As a merchant, you will lose both the sale and the inventory in such cases.
If you receive too many chargebacks, you also risk losing your merchant account status. Unfortunately, chargebacks are very common in the online dating industry, making it challenging to protect and maintain merchant accounts.
．Opinion
In some cases, if a dating website is found to have members engaging in illegal services such as paid appointments, it can bring legal and reputational risks to banks and processors.
Therefore, you may incur fees higher than the average level.
．Register
Starting from October 2020, dating merchants are required to register due to their higher brand risk. Only certified payment gateways and acquiring banks can accept them. Apart from being labeled as "high-risk" customers, this requirement significantly reduces the number of potential payment gateways you can work with. Additionally, due to limited choices, you may end up paying higher fees.
Assisting and safeguarding the merchant accounts of online dating businesses requires a payment processor that is professional and understands the unique needs of online dating merchants.
Whether your online dating business is based on subscriptions or per-item charges, AutoWebPay can provide the solutions you need for growth.
Assisting and safeguarding the merchant accounts of online dating businesses requires a payment processor that is professional and understands the unique needs of online dating merchants.
Whether your online dating business is based on subscriptions or per-item charges, AutoWebPay can provide the solutions you need for growth.
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© Copyright 2015 – 2024 | Auto Web Pay USA | All Rights Reserved