Online Dating Insider delivers cutting-edge insight and commentary on all aspects of the online dating industry. Topics include industry news, site reviews, emerging trends, analysis of dating site features, discussion about safety safety, finance and other issues important to the online dating market. Don't miss our Startups directory, useful to anyone running dating or social networking sites. Subscribe to the RSS feed (you can subscribe via email as well). Your comments and suggestions for stories are welcomed.
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A little over a year ago Cardservice International decided to stop offering merchant accounts to dating sites. The change in terms of service came after Visa changed its regulations regarding online dating sites. Since January of 2004, dating websites have been required to register as a high-risk merchant with Visa at a cost over $1,000. The registration process takes 4-6 weeks on average. This effects more than just Cardservice International, many other payment processors are cracking down on dating sites and other high-rick merchants. Mike Jones is compiling a list of dating site friendly payment processors. Learn more at the Userplane blog.
