While online dating remains a huge and still growing industry, it is also considered a high-risk industry by both traditional banks and other merchant account service providers.

There are many reasons for the unfortunate high-risk status.

Over the years it has attracted many scam artists – both as customers who scam other online dating users and as actual online dating businesses that charge people money for a non-existing service.

The amount of these issues has even resulted in Facebook not allowing online dating businesses to advertise through its Ad Network without being very thoroughly vetted first, and even then it’s still easy to get shut down.

Similar problems abound when you try to find a merchant account for dating sites.