Online Dating Merchant Accounts
Payment processing is essential to any online dating business. It then follows that in order to have a successful online dating business you require an experienced firm that maintains a strong interest in ensuring your payments are promptly processed. Due to our many years in the industry we have processed countless online dating merchant accounts all that have become incredibly successful thanks to our unique and efficient processing system. Whether you are start-up business or have long been frustrated with your current processor, International IBC Banking can help.
Simple because banks consider the dating industry as high risk, this should never act as an impediment towards your success. There are several banks that gladly take on high risk merchants, particularly online dating merchants, all over the world. However, these banks will only process with processors that have had long-standing relationships that have produced a significant amount of trust. Fortunately, International IBC Banking has established relationships with these banks and we are able to offer a solution tailored to your business needs.
Do you own a niche online dating service? We work with online dating merchants who operate:
- Dating websites for specific geographic locations
- Dating websites for seniors
- Religious dating websites
- Niche dating websites (i.e. plus-size, singles, vegans etc.)
- Compatibility dating websites
- Dating websites for specific races and cultures
By Processing with us you will receive several benefits along with the options listed below:
3rd Party or Aggregation Accounts
Third party accounts are for merchants that have difficulties maintaining their own merchant accounts or have consistently high chargebacks, which is sometimes frequent in the dating industry. These merchants share an account within a large merchant portfolio until they are mature enough or have enough credit card processing history to obtain their own merchant account number. Merchant discount rates are favorable within this portfolio because the account is protected from chargebacks and high credit card processing volume within the merchant portfolio. Third party merchant accounts are for the following types of merchants:
- New business with no credit card processing history
- Merchants with high chargebacks, refunds, and returns
- Merchants that are considered high risk
- Merchants that are consistently averaging more than 1% in chargebacks a month
- TMF (Terminated Merchant File or MATCH) and CIRF Merchants
- Merchants under the Visa/MasterCard chargeback reduction program
- Merchants that are not incorporated within a jurisdiction
High Risk ACH Checking Accounts For International, U.S. and Canadian Merchants
- Process electronic checks, guaranteed checks, web checks, check collections (delinquent ACH checks), and checks-by-phone
- ACH checks for outbound/inbound telemarketing, mail/phone orders, catalogue sales, re-occurring billing, travel, tobacco-cigar/cigarettes, MLMs, pharmaceuticals
- International merchants can process U.S. ACH checks (U.S. bank accounts required for International merchants, we will arrange)
- Canadian merchants can process ACH checks in U.S. currency
- Unlimited ACH check volume
- Underwriting requirements are less stringent than credit cards
- Excellent ACH virtual terminal for single transactions, batch uploads and re-occurring billing for eCommerce merchants, API available as well
