Credit card processing for dating sites and apps

With over 1.7 million Brits using popular dating apps and sites, online dating is now more popular than ever and subsequently a booming industry. Finding a merchant account for dating companies can be hard work as some providers still deem the industry as “adult” and therefore high risk.

Why are dating companies deemed high risk?

Dating websites and apps are considered high risk by payment account providers due to historic chargebacks experienced within the industry. Users more often than not sign up on a subscription basis for a set period of time and either wish to cancel or forget to end the contract, resulting in chargebacks. For tips on keeping chargebacks to a minimum CLICK HERE.

The cost of accepting card payments will vary from provider to provider, this is a percentage rate of both debit and credit card payments alongside additional fees such as monthly account fees and authorisation fees etc. When comparing merchant accounts it’s always best to compare on a pound for pound basis rather than on the rate alone, often attractive rates can be heavily loaded with additional on-going cost, watch out for hidden fees. Speak to our advisors if you are unsure, they will help you to find the best deal available to you. Payment gateways are charged at a monthly amount, normally under £30.00.

TOP TIP; rates are negotiable, therefore if you have been quoted elsewhere you can use this to your advantage. Share your quote with our advisors and we will aim to beat it for you.