DigiWorld Partners had the opportunity recently to sit down with Conal Cunningham of InovioPay to discuss some of his insights regarding credit card processing.
According to Pew Research, online dating among to year olds has nearly tripled in the past three years and doubled among to year olds.
This trend shows no credit dating site of slowing anytime soon.
Credit card payments for dating sites, however, is considered risky business for many card issuers, which was a main topic during this interview. Why Dating Sites Dwting Different The reason dating sites are considered to credit dating site one of the most dangerous environments for credit card processing is because of the unusually high probability of chargebacks.
When this occurs, the dating site receives a black mark from their card processor, even though the site itself has no control thai massage honolulu the situation, since the purchase made on the card was credit dating site legitimate.
This is why businesses utilizing credit card processing for dating sites should have the necessary risk mitigation services in place to protect themselves from the negative aspects credit dating site with this dxting. Failure to stay ahead of chargeback problems and bank disputes so prevalent in the online dating sector can result in revenue losses, increased transaction costs and even fines.Petite Women Wanted 30 My House Are Yours 30
Charges Versus Fees While the percentages thailand love links banks charge dating sites per transaction are credit dating site in line with those for other online retailers, the real cost stemming from disputes turning into chargebacks is in the fees your bank will levy.
Keeping Outside of the Chargeback Channel To get in front of these problematic chargeback issues, InovioPay works with networks that have good standing relationships with the big name banks that issue most of the credit cards used by dating site visitors. A refund is guaranteed to the customer and the entire matter is handled without credif high fees or credit dating site.
Friendly Chargebacks and Chargeback Mitigation No matter credit dating site 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 oregon escorts backpage a refund.
Communication With Customers Good communication with your customers is another critical factor in keeping your relationship with your credit credit dating site processing company on a healthy footing.
This message should provide them with an easy means for contacting your company, either by phone or on the website, if they have a questions, problems, or disputes.
This is why your customer service lines should be open and answered immediately. If someone goes credit dating site the website for assistance they should see a message that says: Click.
He explains that much depends on your payment relationship with the banks. While businesses classified high-risk may have a higher fraud threshold, the downside is that some banks may decline charges from a credit dating site business.
Learn more about InovioPay and credit card processing for dating sites by watching the entire interview video. Nigel Williams has been working with affiliate networks and ad technology datiing He has driven millions of dollars in sales and leads for many of the worlds most popular brands. Stay in touch. credit dating site
Subscribe now! Credit Card Processing for Dating Sites.
Nigel Williams Nigel Williams has been working with affiliate networks and ad technology since