‘No cheaters allowed’. This company will pay you $1,500 to go on 15 dates but just be ready for it to appear on social media

People looking for love have been offered an extra incentive to go out on dates — a chunk of cash — but there is a catch.

Jewelry brand Shane Co. is offering to fork out $1,500 to a singleton looking to find their perfect match. However, as well as meeting a short list of requirements, the lucky person will also have to report back their date experiences (all 15 of them) with the brand.

On top of that, every date must be with a different person, meaning if you like someone halfway through the process you have to keep dating other people as well until all 15 have been completed.

"We know it takes a lot of courage to put your heart on the line and take a chance on someone new. On the other hand, it could be the beginning of many beautiful moments to come," the Colorado-based chain said.

"Practice makes perfect, especially when it comes to first dates. That’s why we want to give you a helping hand in shaking off those first-date nerves and making more magical moments happen."

The process for completing the challenge and collecting the cash begins with setting up dates via your preferred method — be it a dating site, blind dates, in person, or anything else. While on the date, you'll be required to document the event with a photo before filling out a worksheet provided by the brand.

Dates can also be whatever the individuals want to try, whether it's a romantic dinner, a walk in the park or a movie. The business added that second dates are "strongly encouraged", they just won't count towards the final total.

On top of its guidelines for the dating process, Shane Co. also has a list of requirements for its ideal candidate. Firstly, the applicant must be single, saying: "cheaters never win, and winners never cheat". The person must also "willing and able" to secure 15 dates in five months.

Dates don't have to be strangers but they must be 15 different people. Applicants must be 18 years or older and a U.S. citizen or permanent resident to apply. It added: "Disregarding any of these requirements is grounds for immediate disqualification."