Online dating site with credit card
Friendly Chargebacks and Chargeback Mitigation No matter how sophisticated your credit card processing for dating sites may be, there will always be people who try to beat the system by purchasing your service and then later going to their bank, complaining for some reason and demanding a refund.Click here.” Communication should be quick, easy and responsive.High-Risk/Low-Risk Classifications Conal goes into options the credit card companies have in classifying businesses as either high- or low-risk.Digi World Partners had the opportunity recently to sit down with Conal Cunningham of Inovio Pay to discuss some of his insights regarding credit card processing.
More specifically, the short session was dedicated to credit card processing for dating sites, which has become a booming industry now estimated to have annual revenues of about $2 billion in the U. According to Pew Research, online dating among 18- to 24-year olds has nearly tripled in the past three years and doubled among 55- to 64-year olds. Credit card payments for dating sites, however, is considered risky business for many card issuers, which was a main topic during this interview.
Cunningham explains that in many cases these can be as high as $45 per incident.
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