24 Jan

By Aditya Williams

Category: Merchant account for dating and escort services.

Risk free Escort Services Merchant Account and Online Dating Merchant Account Comments Off

Risk free Escort Services Merchant Account and Online Dating Merchant Account

What Is a
High Risk Industry In Merchant Services?

high risk industry is one that traditional credit card processing and other financial organizations are reluctant to provide merchant accounts to as a result of high chargeback rates, recurring payment plans, high tickets, and potential fraud. Another major barrier to getting your dating services merchant account and escort services merchant account can be the stigma attached to your business.

This is especially true if you cater to specific niche demographics or promote sexual encounters or fetishes. This is an unfortunate reality in the world we live in, where most banking solutions that credit card processors partner with are extremely sensitive to public relations issues.

You may be an upstanding business owner with a sterling credit score, bank statements, processing history and great customer relations with a dedication to protecting the safety and privacy of your customers. But, if you are considered to be high risk, the big financial institutions and credit processors will most likely refuse to work with you.

What are problems faced by the escort online businesses and Online dating industry?

There is lots of growth in the escort and dating industry but banks see this industry as a high-risk service provider. There are many rules and regulation to provide merchant account to this industry. In general, online business, there is not a problem for getting set up the merchant account.

Even if you are establishing the bank in providing merchant accounts directly to this industry. It is considered high risk because of high dispute rates, adultery, and strict laws.

A chargeback occurs because such services are taken confidentially, the customer generally hide from family for such service. In some case, people tend to do transactions from stolen cards. It leads to money laundering. Other risks include merchants who use their website as a front for money laundering or even to promote illegal prostitution.

Even if you are established with lots of transaction history, finding a processor that has a bank willing to work with a high-risk business can prove difficult. Financial institutions have labeled adult online dating businesses as high risk for reasons including:

  • High Chargeback Rates
  • Adult Themed Content
  • Strict Laws and Regulations
  • Buyer’s Remorse

Through our service, you can easily set up the escort merchant account and online dating merchant account because of our credit. We are serving hundreds of customers who are running high risk business online.

But Don’t These Merchant Service Providers Want My Business?

The truth is they do want your business. So while they may want your business, they don’t have a valid processing solution for your online dating business. This conflict can cause headaches and cost merchants time and money. Some merchant service providers will attempt to board your account despite their bank having your industry on their blacklist.

Their hope is that your application might slip through if the underwriter at the bank is new, inexperienced or lazy or just to pad their own numbers for sales quotas.

What’s worse, companies that do this can take several weeks or even up to a month stringing you along on a wild goose chase for approval that will never come. All of this and in the end, you will not have a payment processing account.

Why should you choose iPayTotal Ltd overall?

iPayTotal Ltd has made it too much secured and safe. We understand your urgency and need to get all your payments with good accessibility! All the benefits you will have with us:

  • You will have the best payment gateways with us where you can accept payments through credit card via MasterCard and Visa Card. We see to it that you are being provided the solution with all types of credit cards too!
  • We will help you to get your payment history with the help all the statements so that you can review and take care of your accounts well.
  • We see to it that you are 100% satisfied with our service in making your payment processing smooth!
  • We believe in long-term relationships! We will assist you to stay long with us!
  • We also provide safe and secure protocols for your payment processing like API’s, Cms plugins which keeps it encrypted. This is between you and your customers which keep it safe from all fraudulent activities.
  • We also help you to deal in multiple currencies where you can get your money redeemed in the currency you want.
  • We help you to grow your business by minimizing the cost of processing the payments.
  • We serve all sizes of business whether big or small.
  • We have a secure payment gateway which provides payment processing through multiple options. These options include Debit card, credit card, ACH, check, ECS and much more.
  • Our customer support team is available to assist you 24/7.
  • We provide real-time reports.

How to get an Escort Services Merchant Account and online dating merchant accounts?

You can sign up for an escort merchant account and dating merchant account by filling a simple application form online or you can directly get in touch with us via email or customer care number. Our expert team will connect with you and assist you with the whole process. We provide customized merchant account features especially to the escort service provider and to the online dating industry to meet your business goals. Your account will be opened within 72 Hours after the submission and approval of a few documents. We have hassle-free solution for you.

Here at iPayTotal Ltd, we work with many so-called high risk merchants and businesses every day. We built our organization around the belief that even high risk businesses like yours should have the right to access credit card processing just like any other business. That means you can get your dating and escort app merchant account and reliable, secure, and high-quality dating and escort app payment processing services without the hassle and the run around that the other credit card processing services subject you to.

Our 24×7 /356 days customer support team is ready to help you, one on one, whenever you need us. Get assistance with account questions, advice on credit card readers and to set up your online credit card processing account.

Have a question? Feel free to Contact Us

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