Get A Business License. A certified copy of your ID. Merchant solution for Gaming, Betting & Gambling , Merchant Account for Gambling , Betting & Gaming , Highrisk Merchant for Russia,. 5621. At. You’ve found a payment processor that has full online gaming merchant account solutions and knows the gaming industry. Having a merchant account tailored to the needs of the Curacao gambling industry offers several benefits for online gaming operators. The funds from customer payments need to go somewhere with the business name on it. A gaming merchant account is essential for online businesses in this unique industry. Last three months’ bank statements. This account acts as a conduit, facilitating. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. These providers offer specialized payment processing services tailored to the unique needs of high risk merchants, including fraud prevention. We authorize high risk merchant accounts with the services you require to effectively run your eCommerce organization. If a representative signs on 15 clients per month and at an average of $50/client every month, he/she gets to. 79 million. Here is a list of the documents that the merchant must provide: An online gambling account for merchants allows businesses to process digital payments online through a gambling payment gateway . A gambling merchant account is a credit card processing account created exclusively for online gambling firms. EMB is dedicated to helping you process credit card payments effectively and efficiently. Online Business Financial Services. Can’t recommend them enough. The gaming industry has been booming over the past decade, and. GAMING_INVALID_PAYMENT_FLOW: This payment flow is not allowed for gaming merchant accounts. A great adult payment solution has expertise in onboarding and maintaining accounts for your specific business model. You can review the status of your withdrawal request in your gaming account. Payment processing for online gaming merchants. Multi-Currency processing. For this part, you will generally need to submit: An application form; Copy of your gambling license; Company registration certificate; Certificate of Good Standing; Official company documents such as M&A;. Easily accept payments from players. However, traditional banks may not be the ideal option for obtaining a sustainable online gaming merchant account. Merchants that want to protect their businesses, online gaming merchant accounts, and their customers must take steps to fight fraud and identify. Choose Only The Best Bitcoin Merchant Account. Online gaming has been increasing in popularity for many years and continues to grow fast. Once approved for the merchant account, set up payment processing services. The MATCH list is a blacklist that prevents merchants with excessive chargebacks and high-risk accounts from opening an account with another credit card processor. No one is purpose. People could always find things that are new and might be more interesting to them after a while. The Best High-Risk Merchant Accounts of 2023. Get approved for merchant services quickly and easily with EasyPayDirect's automated approval process. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment processing. This can be. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. First of all, you should know the needs of your business. Fantasy sports players use smartphones and other mobile devices to draft teams, change lineups, research players, and check on. Merchants can get approved in as little as 24 hours. With e-commerce enjoying growth all around the globe, it’s critical to look for the easiest merchant account to get for your business. This process can take anywhere from a few days to a few weeks. We help business owners like you keep their focus on making money. Services to high-risk business owners are comparatively expansive than low-risk businesses. Several currency alternatives, and many modes of payment, among others. We offer Online Gaming. After signing up, you will need to fill out the application form and upload the required documents. You can also contact us online. We. National Processing. encounter many difficulties and obstacles when applying for credit card processing systems for their online websites. The merchant account provider will review the application and documentation to determine if the business is eligible for the account. 75 for every $1 lost to fraud. There are several criteria to determine the risk level of a business: high transaction volume, international payment (geographic location. We provide gaming merchant accounts offering reliable and secure payment processing solutions for gaming businesses. AMSLV,. Instabill Makes Payments Easy. Thus, here are five instances that make an online gaming merchant account high risk: The card and cardholder are not present Since the dawn of e. 13. Gaming payment gateway requests to verify the transactions from the issues bank. The exact process varies from one merchant processor to the next. Start your 2023 with a bang by identifying a fast and. Traditional banking solutions aren’t willing to take the risk. Easily accept payments from players. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations and compliance requirements specific to. Beyond that, SecureGlobalPay can also set up a fraud filter for your. The terms of the contract may vary from provider to provider, but at the core of the agreement, they are covering their bases. Quickly send money to winners. To open a merchant account, you will have to prove the legitimacy of your business. The email you use will be used for communication for future community events. E-Gaming Merchant Accounts. When credit or debit card chargebacks occur, merchants are required to pay for the reversal transaction. The first concern is the business that provides the platform for the players, for this you need some important resources and their availability depends on your banks. Merchant accounts are a must-have for businesses that accept electronic payments and businesses that are 100% online-based. Debit and credit cards are the natural development for online video gaming organizations. Level 1 PCI / DSS Certified Gateway. Access to expertise and industry knowledge. The Easy Pay Direct system was designed to make online payments secure, easy and reliable. The merchant account is an intermediary between the customer’s card issuing bank and the bank for a business’s. However, for those based in Curaçao, with our expert help, we can provide you with an EU-based payment processing agent providing high-risk merchant account. There are a selection of partnering banks who. They help legal online gambling merchants to accept credit card payments safely and efficiently. For merchant's gaming platforms, if you want to avoid cheating or fraudulent activities. These are important to look out for before giving green light to online gaming merchant accounts. com is voted the #1 high risk credit card processing company in the US. Again, adult entertainment account and payment processing rates fluctuate with season. A retail merchant account is a special type of bank account that acts as a holding tank. Besides providing security, payment gateways also provide small to mid-sized. A gambling merchant account is a credit card processing account that specifically serves online gambling companies. Apply Now. Locate the account application form/page. gaming merchant account. 3 billion and 2. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high-risk category. For more information, please contact us at 800. Copy of your gaming business license. Search for a provider with extensive experience serving the online gambling industry. The use of payment gateways. To do so, your business will need a merchant account. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. Online gambling/gaming merchant accounts are very similar to fantasy sports merchant accounts because risk and skill are involved in both. In many cases, simply improving customer service drastically reduces returns, chargebacks and customer. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa, Mastercard, and other leading credit card companies. High-risk accounts. High Risk merchants approved. The principal’s Social Security Number. What Is the Role of an underwriter When a Merchant Applies For a Merchant Account?Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Also included are some valuable tips to decrease the risk associated with the online payment process. Text Instructions for the Customer Vault in the Easy Pay Direct Gateway. If you use our payment services, you will be able to attract players from 80. FYI – GBO is a premier payment solution provider for online casinos. Visit the processor’s website. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. Also, the merchant account providers always suggest the business owners to mandate at least a 12-to-16-character password for the gaming players. Apply and get approved today!Range of documents to open an online gaming merchant account. Application forms. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. The best small business merchant services accept all common credit cards, including Visa, Mastercard, and American Express. Applying for an account couldn’t be easier or more straightforward. Every merchant account provider uses a different payment model. The primary difference between them is that aggregate accounts group a number of merchants in a single account under a generic descriptor, whilst bank direct merchant accounts set an individual merchant account. Once you have a business license, you will also need to open a business bank account. We actually work with you to help develop a strategy for your business that reduces your risks of holds, freezes, excessive fees, and other unpleasantness that can occur when business. Opening and operating a gaming merchant account and company bank account for an Internet gambling company can present some. Account Se-up or Installation fee. An adult merchant account allows you to worry less about chargebacks and focus more on running your business. encounter many difficulties and obstacles. Whether you run an online casino, sell video games or virtual goods, or offer in-game currency and subscriptions, having a gaming merchant account is essential. A gaming merchant account will accept the payments from the players through their debit or credit cards. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Merchants that want to effectively process credit card payments need to turn to a processor, like eMerchantBroker. An online gaming merchant account is a business account used to process payments of the customers/players. We have opened merchant accounts for gambling companies in various offshore jurisdictions and with a very high transaction success rate. Gaming is a platform that may be used in a variety of ways. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. With Go High Level you can easily capture new leads, build full-blown websites, and landing pages, drag & drop surveys and forms, plus online appointment setting. Extensive Banking Network. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. How Merchant Accounts Are Beneficial For Gaming Business. Learn how to accept credit and debit cards, ACH, APMs, VR, AR and MR payments for your gaming business with low transaction fees and competitive rates. A business bank account is where your merchant account provider will send the money from your sales and withdraw any fees. 1. To be accepted for a casino and merchant account with an online gaming site within just 24hrs Click here or dial +1- (727) 330 – 3944. As a kicker…. It is typically connected to a payment processor that is integrated within the website or application. This can be attributed to the growth in the online gambling space. Debit and credit cards are the natural development for online video gaming organizations. Protected gaming gateway. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. The AMSLV gaming merchant accounts support large ticket transactions to accommodate all your credit/debit card processing needs. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions Gaming continues to grow in popularity, with an estimated 2. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. Nonetheless, we have a high endorsement rate for high risk merchants and offer. In 2021, the United States hemp-derived CBD market will reach the milestone of having $5. Or diversify accounts for backup and mitigation of processing risk. In as little as 48 hours EMB can set a merchant up with a merchant account so they can begin accepting credit card payments. Welcome To The Gaming Merchant. Even though one’s desire to succeed in the skill gaming. Amald has online gaming merchant account solutions that meet global gaming customers' requirements. S. The majority of customers will refuse to pay a price if the name is unfamiliar to them. 2009. They carefully assess whether the merchant is taking on unnecessary risks, such as excessive chargebacks, low credit scores, outstanding bills or late payments, and negative account balances. The casino & online gaming merchant accounts can conduct transactions under the MCC-code 7995. Licensed gaming merchants or websites will be set up as a Coded gaming service, used by game providers. Need Merchant account processing for your Fantasy Sports site? Of this gigantic amount of revenue, 10% came from the United States. This is known as residual income. A online gaming merchant account is paramount for the merchant due to various reasons, from both the management and controlling point of view. Finding the right partner for your credit card processing is not easy and this is especially true for online gaming companies. Quickly send money to winners. Afterward, whatever your customers or clients purchase they would need payment gateways to pay. Step 4: All add-on services require a two-step authorization. Bank accounts for gaming businesses and merchant accounts To manage all that cash flow, you need the appropriate tools. Easy Pay Direct Gateway. This helps expedite the integration and set-up process. Merchant account approvals take between two to five business days once we’ve received all documents. Having an offshore adult merchant account can provide numerous advantages for businesses in the adult industry. The merchant account provider will review the application and documentation to determine if the business is eligible for the account. Requirements may vary according to different aspects. Valid government ID of the principal. When requesting a withdrawal from a gaming merchant, they will need to review and approve your withdrawal first, the time this could take depends on the gaming merchant. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. . FYI – GBO is a premier payment solution provider for online casinos. A gaming or casino merchant account can significantly increase your sales. It is often associated with a payment processor installed within the website or application. Online gaming merchant account demand has been on the rise over the recent few years. This service extends across sovereign borders. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. An online gaming merchant account is a crucial aspect of running an online gaming business. While it doesn’t lift the Stripe hold. Welcome! Thanks for joining the TGM community! Make sure to put your IN-GAME USERNAME in the username and name fields. Online gaming merchant accounts contain many types of fraud prevention tools that check the real identity of the player. Although it has been almost 80 years. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. You can attract players from all over the world, and accept payments in US dollars, British pounds, euros, and more. With regular releases and a resilient infrastructure, you can rely on our platform and focus on whatu2019s important for your business; delivering the best possible experience to your. Slideshow 11067011 by HighriskGetting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. 2. It immediately stops the transaction, if the fraudster gets caught. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Ultimately, the list of documents and other requirements will vary depending on the jurisdiction in which you open the merchant account; some will be easier than others. Consider the total cost of your merchant account to. After signing up, you will need to. While the codes of 7994 and 7999 are considered medium risk, 7995 is classified as a. During the underwriting process, if anything in your application tips off the payment processor that you are a high risk merchant, one of two things will. Let us get you set up today. A gaming merchant account has multiple features that help merchants run their business smoothly. com. An Overview of Social Gaming Merchant Account. Gaming players invest a massive amount of money; thus, gaming platforms are a promising option to steal a lot of money through credit cards. Everyone, from small children to adults, has their own game obsession. Having a merchant services account is an integral part of payment processing for your small business. Some also may have you pay for hardware and software upfront. An international merchant account is a type of bank account that allows businesses to accept payments from customers around the world in multiple currencies. Chargebacks are an unfortunate part of the online dating landscape, and the added fees, increased overhead, and other losses associated with them can quickly chip away at your bottom line. It is also a viable solution for merchants who have difficulty getting a merchant account as well as consumers who don’t have a bank account. Gaming Merchant Account for Gaming Merchants in the United Kingdom. An Employer Identification Number. The gaming industry has been booming over the past decade, and. Most businesses use a payment processor that. Payment gateways will become better at allowing app users to enjoy different payment options. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. Payment processing is critical to your gaming operations; without it, you will be unable to accept. Since the COVID-19 lockdown, interest in o. You’ll get approval for a casino and gaming merchant account in just 24 hours. You may need to check your spam folder at first, and you can unsubscribe to these emails later by. Other benefits partnering with a merchant account broker include: Access to a broad range of payment processing solutions. Social gaming merchant account solutions at 5 Star Processing. The two serve different purposes; a payment gateway helps with processing online transactions, while a merchant account is the bank account where those payments go. Social gaming has become more popular than ever and now is the right time to invest in the business and launch your social game. Multi-currency trading Now, if you are running an. Submit your application. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. From the gateway, you can setup different products, shipping costs, tax. Visit this page for more information. EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB. When you are a merchant who is searching for expanding his casino business, then you must get an Online Gaming Merchant Account. 5. At EskayPay, we can provide your merchant account through a simple and speedy process as we have a vast network of acquirers. Complete our simple Merchant Account Application or contact your nearest Belize Bank branch to get started. **1. Our services encompass everything that you need to start your igaming business including: company formation, gaming license, bank account setup, merchant account solutions,. PaymentCloud: Best overall. This feature combined with the real-time processing feature results in merchant services that can’t be matched. The online payment gateway sends the secured data to the payment processor, a mediator between gaming merchant accounts and all the next financial institutions involved in the payment. Your gaming merchant account may also be compatible with the world’s most popular currencies. Once the gaming payment gateway confirms the payment, the merchant receives the payment on the gaming merchant account. High-risk payment gateways provide merchants with adequate security to ensure quick and safe transactions between merchant websites and credit card processors. However, Bitcoin transactions are irreversible unless a merchant decides to reverse the. If the transaction is still pending; it means that the gaming merchant needs to review, approve. We authorize high risk merchant accounts with the services you require to effectively run your eCommerce organization. A merchant account is a type of business bank account that allows you to safely process electronic payments like debit and credit cards both in-person and online. Our named IBANs ensure your account is yours, while your clients and beneficiaries always see payments to and from your company. For a merchant, a better approach is to immediately make an action plan and work on ways to. With a merchant account from Instabill, we offer live support Monday. This is especially important for merchants that work exclusively with online and telephone products and services. Merchant accounts are vital for any business that works exclusively online. ltd for a Gaming Merchant Account. Gaming payment processing typically involves a. A nutraceutical merchant account is a type of merchant account that is specifically designed for businesses that sell nutraceutical products, such as dietary supplements, vitamins, and other health-related products. To lessen the burden on our clients, we provide an easy and organized application process to help you get your gaming or casino merchant account in a matter of days. Fill out EMB’s online application today and get approved for a merchant account within 24 and 48 hours. Our experts understand all the industries profoundly and make the process convenient for the merchants. Besides, various other benefits are also there. To protect your business and consumers from exorbitant fees, you need to use a processor that is based in the country where you are pursuing the most business. How to Keep a Gaming Merchant Account Active? There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. Look for people who are knowledgeable in the gaming and gambling industries in particular. When you click on. Beyond that, SecureGlobalPay can also set up a fraud filter for your online payments. Manage one-time and recurring billing so members can auto-pay on a set schedule. Securing a merchant account for online gaming can be difficult, especially if you are a new business. 13. A gaming merchant account will accept the payments from the players through their debit or credit cards. To open a merchant account, the business has to be legitimate. A gaming merchant account is a specialized type of merchant account designed to allow businesses in the gaming industry to accept payments from their customers. According to a recent study, the online gaming market is projected to grow by $142. Gaming Merchant Accounts and Payment Gateways. It is believed that card collectors are “drawn in by the emotional attachment. Higher moneyback incidents also harm the image of a gaming platform and can invite many negative reviews on the website. 2. The length of the entire procedure is based on two main. Or diversify accounts for backup and mitigation of processing risk. An online gaming merchant account is a payment processing account devoted to online gaming businesses. Read More. Some have monthly fees, transaction fees, or both. Obtaining a valid business license will ensure that the merchant account provider knows your business is legitimate. Conclusion. eCommerce card processing, international wire transfers and debit cards. Merchant aggregators control the risk, changing how much risk they will permit at any period of time. That MCC regulates video game establishments and. Three months of bank statements. This solution is ideal for industries such as adult/emotional content, online gaming, pharmaceuticals, kratom and many others. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. 7 billion gamers worldwide. Skill gaming merchants should aim to secure an MCC7994 code. Gaming merchant accounts are suitable for various gaming-related businesses, including video game publishers, online casinos, sports betting platforms, and other merchants that. The Official Gaming Merchant subreddit! Merchant will react to your content here weekly! Post your gameplay, questions, memes, and requests for Apex gameplay advice here! Created Jan 2, 2021. Chargeback Alerts. Bank Direct Accounts: merchant accounts can be either 3rd party/aggregate gaming merchant accounts or bank direct merchant accounts. Globank provides Gaming merchant accounts for casinos with the best terms on the market and we ensure you get a bank specialising and understanding high risk industries like Gambling payment processing. Step 2: You will be asked to fill out the application. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. )Fantasy sports is one of America’s favorite pastimes. This can be attributed to the growth in the online gambling space. FintechMerchantAccounts is leading the market when it comes to providing casino and online gaming merchant accounts. Establish a New Merchant Account**. It provides a reliable payment solution for both the business and the players. Not every . Moreoer, it is a secure. Multi-Currency processing. Women’s Accessory and Specialty Shops. What is an Online Gaming Merchant Account? As is the case with any business that accepts payment by credit card, online gaming businesses need to have merchant accounts so that customer payments can be received and processed. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. Gaming payment processing, services provided to companies by payment processors, are. if you’re interested in working with us, you can start your EMAP application below or call us at: (800) 805-4949 | Get Set-up with a Merchant Account ». Children’s and Infant’s Wear Stores. If you have all the documents and meet all the requirements, the next step is to file your application. Online gaming merchant account: If you run a gaming business, you probably already know that the gaming industry is by banks considered to be high-risk. It allows the business owner to accept credit cards, debit cards, and other forms of payment. Typically, a merchant account is used for credit card processing and eCheck processing, but can be used for a variety of payment processing needs. Our clients enjoy our feature-packed merchant services including: Streamlined operations with one point of contact dedicated to your needs. Securing a merchant account for online gaming can be difficult, especially if you are a new business. Open a business bank account. Social gaming. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. If you’re running a gaming business, you need a merchant account to accept credit and debit card payments. Get the credit repair merchant account you need to grow your business with EasyPayDirect. Easy Pay Direct has been amazing!The strong team of gaming merchants, merchant account providers, and the gaming payment gateway create a secure network for the players. We provides a variety of services such as merchant account, Payment Gateway for Gaming, digital wallets, and so on, reducing the amount of work required by its clients for a simple online transaction. With an online gaming merchant account. People can play on gaming platforms stress-free thanks to the new. However, normally players give priority to comfort more than security. The industry has been. We can say that it is a perfect payment solution. com, in partnership with offshore acquiring banks, provides solutions. Keep some of your funds in reserve. Its purpose is to accept deposits, payments and to facilitate payouts and players prizes. GBO assists to gaming businesses to find, locate and match with everything they require in order to begin accepting online card payments, from a payment gateway to gaming merchant accounts. The growing number of players of Massively Multiplayer Online Role-Playing Games (MMORPGs) has driven an. In the realm of online gaming, merchant accounts play a crucial role in facilitating seamless payment transactions. Not only is this convenient for the customer, but it’s. 14159: CURRENCY_NOT_SUPPORTED_ FOR_RECEIVER: This currency cannot be accepted for this recipient’s. Get a secure payment processing solution in as little as 24 hours. A merchant account is a business account that allows businesses to accept and process credit card and sometimes mobile transactions. We can help you to get one to accept payments from players for different games, including Poker, Roulette, Blackjack, Slots, Bingo, Craps, Deal or No Deal, and many others. Basketball cards experienced the greatest rise in sales. Patent Pending “Transaction Routing” Technology, More than 250 Shopping Carts Integrated, “Quick Click” checkout pages, Fraud Scrubbing technology, Kount fraud scoring, Tokenization, Quickbooks integration, Mobile Payments, Email Invoicing, recurring billing and so much more. This feature combined with the real-time processing means results in merchant services that can’t be. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. The finest investment an online gaming business can make is to look for a high-risk merchant account that is reliable and trustworthy to process payments safely. Click to continue reading gaming merchant account and high risk merchant account. You’ll get approval for a casino and gaming merchant account in just 24 hours. Gaming merchant Account opening – for online casino operations Payment solutions for online gaming business Online Gaming businesses such as Lottery, Online casino, egaming etc. Step 1: A customer buys a product or service either online or in-store. Increased security. But with so many different merchant account providers out there, how do you choose the right…Gaming payment processing is a unique type of payment processing specifically designed for the gaming industry. Online Gambling Merchant Services. . Data shows that global online gaming traffic alone is expected to climb from 126 petabytes in 2016 to 568 petabytes in 2020, proving people plan to keep the games going. Steps to get a Gaming merchant account! Step 1: The first step is to sign up with us. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. But running such a business may come at a high cost. When a business obtains a high-volume merchant account, they must be able to accept credit card payments from customers. Reasons to Choose Karma Payment Solution for Online Gaming Merchant Account. In addition to its popularity, fantasy sports fits right into the world’s growing affinity toward a cashless society. To begin the process, you can apply online for a fantasy sports merchant account. 10. A gaming merchant account will accept the payments from the players through their debit or credit cards. And when the players win the reward, the gaming. That said, you won’t be able to run your online gaming business without a Social Gaming Merchant Account. High-risk payment gateways keep the check-out process error-free. Establish a single online gaming merchant account. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway. An online gaming merchant account is a specific sort of bank account that allies gaming businesses to receive online payments securely. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. Establish a single online gaming merchant account. Managed by a third party, an aggregate account is ideal for those that won’t qualify for a direct merchant account due to high chargeback rates or volume transaction problems. But we can give you a concept of what you will require to provide at the beginning of getting an online gaming merchant account. An adult merchant account is a middleman between your customer’s bank account and your business bank account. Complete merchant account support: With us, you can expand your business anywhere you want as we make allow to outgrow your reach worldwide. Visit the merchant account processor’s website. Copy of your gaming business license. As long as your chargeback rate is below 3%, emerchantbroker. The true professional in the field is the one that specializes in accounts for eCommerce shops and offers safe, reliable, affordable and trustworthy. Choose payment methods and systems for accepting online payments. How We Can Help With Merchant Accounts. Conclusion. On top of this, merchants can also be subjected to a $5 or $25 penalty fee. Casino Merchant Accounts. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. Taking steps further with us can prove a lifelong partnership. Durango Merchant Services: Best for highest-risk businesses. Gaming is very similar to casinos.