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. Access 24/7 tech support for online gaming merchant accounts. Online gaming is a high-risk business, so the high-risk business merchant needs a high-risk gaming merchant account for safe and secure payment transactions. Suite 209 Thousand Oaks, CA 91362. Payline data plans cost $$20/month plus. Chargebacks occur when a customer calls their bank or credit card. This pricing is very good in the high-risk processing world. The digital gaming businesses usually have a high volume of turnover. The huge number of people are hooked on the internet everyday, and the business entrepreneurs are using the internet as a mode of making a vast customer base. How High Risk Merchants Can. We…With the proliferation of high-risk verticals entering the marketing place, more merchant account providers have opened their doors to serve the needs of the growing number of high-risk merchants. Secure high-risk merchant accounts for online gaming and credit repair. This feature is essential for high-risk businesses, as it opens the doors to larger markets and diverse customer bases. We have solutions for all sorts of. What Instabill. On other side of that coin, standard banks do not underwrite these accounts. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming merchant account. Be sure those online merchant servicers are actually true businesses. As soon as. 5% - 5%. Online Gaming Digital Goods. Doubtful bank statement. Credit card processing is a must for online businesses. The players feel insecure for many reasons, but with the presence of well-equipped high-risk merchant accounts, it is simpler now to provide better safety to the players. When the ratios remain high, processors have no choice but to terminate their high-risk merchant accounts. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. Other elements that could be taken into account when deciding if a company is high risk include its size, credit history, and the kinds of goods. Talk to our representatives right away to discuss your options. Payment Gateways for Online Gaming. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. A lot of standard merchant accounts have no contract. EMB is an award-winning merchant account provider that boasts an A+ rating with the BBB. According to the Center for Disease Control (CDC) one-third of Americans are overweight. Slot Machines. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. DHL only began delivering. 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off-track Betting, and Wagers). The digital gaming industry has a high volume turnover. Published on May 22, 2023. Gaming Merchant Account is the Best Solution for your Online Gaming Businesses May 24, 2023 What is High-risk Merchant Account, and How Does It Differ from a Regular One?Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. The gaming industry is considered high risk because it presents a higher risk to the underwriter. An online casino merchant account is a special type of account designed to cater to the payment processing needs of high-risk industries like online gambling and gaming. Grow your business online. The valuation of active players also reached 2. Why do you need a high risk gaming merchant account? Gaming businesses need to have the proper payment solutions for their customers. This will allow you to continue doing business even in high-risk markets. If you’re interested in high risk payment processing, consider turning to EMB, the #1 high risk processor in the US. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games. However, the number of High-Risk Merchants account providers for online gaming is limited and finding one that can deliver consistently can. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. Payment processing for online gaming merchants. Because different payment processors refuse to participate in high-risk business merchants. They are annoying to merchants, and most of the time their fees come without warning. linkedin. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. Though your online gaming site might not have any offshore locations, the industry is tabbed as high-risk. Gaming Merchant Account Solutions for International Gaming Merchant. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. In the last ten years, the gaming industry has grown a lot, and there are many ways to make money by selling popular games or other products. The Payment Experts. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. High chargeback ratios. Online Gaming Merchant Account is a high-risk account. If you're in the online gaming business, Double Helix Processing can help you get the right merchant account you need. Online gaming is on top of the competition these days, as just one online stream can earn you millions in. Consider whether you need a multi-currency account, a high-risk merchant account, or specific features like an international payment gateway. Additionally, you will receive a detailed fee schedule for all your transactions. We provide the advanced merchant solution to high-risk businesses like online gaming. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. WebPays. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. Payline Data provides merchant accounts with interchange-plus pricing. Some customers might join your gaming service or website for a bit and then leave. On the other hand, setting up an account with a payment aggregator usually requires very little paperwork. While it may seem like chargebacks are inevitable, there are ways that can help you stop them before they affect your business. Almost every household owned some sort of console. A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. jakethad Feb 20, 2007 9:36 AM Your High risk merchant source! Lowest rates guaranteed and fastest service. Reasons to Choose Karma Payment Solution for Online Gaming Merchant Account. Setup your Gateway Today! 1 2. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. In the recent years, alternative payment processors like emerchantbroker. 06 trillion US dollars by 2020. However, if you comply with the requirements and provide the correct documentation, the chances of having your gaming merchant account approved is extremely high. Sell online or in person. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. An online gaming merchant account has tremendous potential for online gamings, sports, and other skill games to maximize their benefit and guaranteed growth for the business. Once a high-risk gaming industry merchant account is approved, payment processors set monthly processing limits, typically between $10,000 and $30,000 per month, for the first. The merchant account should also include a high. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. Were you born to gamble? You know, always making bets. You may use it for online. EMB is recognized as one of the most experienced high risk providers in the industry. 7 billion gamers worldwide. A high-risk merchant account is a type of bank account specifically designed to cater to businesses with higher levels of risk associated with their operations. fees. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. Or check it out in the app stores Home; PopularThe two highest-risk accounts are online gaming and adult material. Connected. Published on August 17, 2017. We are experienced at handling merchant accounts for online tobacco companies, and are very familiar with online tobacco sales. The reasons are as follows: Online gambling businesses feature a high-volume turnover; Most gaming businesses are based offshoreA: 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. Level 1 PCI / DSS Certified Gateway. 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. You can begin the process by just applying online now. 6% plus 10 cents, while the fee for a high-risk account might be 2. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. 1-800-621-4893. Some common industries considered high risk include: Online gaming; Adult entertainment; Telemarketing; Travel; Timeshares; Nutraceuticals; High-ticket items; The Pros of a High-Risk Account. It will involve continuous management of systems to ensure a secure and seamless checkout process. Basically, it's just like a regular merchant service, but for the gaming. Online Gaming Chargebacks. An online gaming merchant account is a business account used to process payments of the customers/players. High-risk merchant accounts typically charge higher fees and. More and more high-risk businesses are getting. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. People could always find things that are new and might be more interesting to them after a while. A merchant account is a type of account that is approved by a bank or financial institution to allow the business to take credit and debit card payments from their customers. 20. Gaming Merchant Account. OFFICE HOURSThe E-cigarette has been shooting off the shelves. Fraud is a big problem in America. Create an online gaming merchant account with us. This. High risk merchant accounts play a vital role in the success of businesses in high risk industries. Bitcoin was leading what many thought of as a digital currency. Payment processing fees: 2% to 3. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. While it is a thriving industry, the companies are considered high risk due to the chance for legal action in. a tax id number. Instabill’s high risk merchant accounts are established with offshore acquiring banks that are eager to work with dedicated, hard-working merchants. The majority of online gambling sites are based offshore. If you have too many chargebacks from customers, you’re going to need to clear all that up, along with anything else you left dangling. Here are just a few excellent high-risk merchant account providers to help you start your search off right: Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. Slideshow 11067011 by HighriskThe world of online gaming has witnessed an unprecedented surge in popularity, captivating a diverse global audience. If you do not handle this issue on time, your gaming merchant account may even get rejected because acquirers also have to follow some rules. But there are some surprising businesses that fall into the high-risk category. Because an online gaming merchant account permits gaming merchants to accept online payments quickly. Yes #offshore_merchant_accounts can offer significant benefits, But they also come with certain risks, We at PAYCLY Merchant Services have vast experience managing cross border #High_Risk_Payment. We have solutions for all sorts of gaming businesses, whether gambling, casino, social gaming, etc. We are a financial advisor delivering high-risk payment gateway solutions to businesses labeled as high-risk such as online gaming, tobacco, adult services, etc. Online Gaming Merchant Account Services. Many PSPs consider the same merchant services for every business type. Online Gaming & Casinos; Multilevel Marketing; Bad Credit Merchant Accounts; Moving & Transportation; TMF Merchants; Jet Charters; Educational & Seminars; Online Firearm Sales; Online Ticketing Sales; Debt Consolidators; Bail Bonds; Online Furniture Sales; Calling Cards; Travel & Timeshares; High-Ticket Accounts;. #1 PaymentCloud Strong Reputation For Fast Approvals. It specializes in payment solutions for many types of high. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. If your application is accepted, there will be set up or activation fees involved. A high-risk merchant account is among the favorite targets of fraudsters for a data breach. This high-risk payment gateway integrates with your website swiftly. Though they flagged my business as high risk and outsourced me to one of their partners who offers high risk merchant accounts for businesses like mine. Thanks to the power of online technology, online casinos have been able to prosper in recent years, giving casino business owners new opportunities to expand into the digital world and offer. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. There are two plans to choose from, one tailored to brick-and-mortar businesses and the other for ecommerce merchants. What sets high risk businesses. While today, online gambling is very well regulated and organized, some financial entities still believe that certain threats exist. Stax: Best for avoiding transaction fees. The industry is booming with so much growth and potential that it is expected to reach over 127 billion by 2027. There… Actual games and tables monitoring; High Risk. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or. Online Casinos. Nonetheless, we have a high endorsement rate for high risk merchants and offer. We’re offering an online gaming merchant account. Our high-risk merchant account service is exactly what. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. These are important to look out for before giving green light to online gaming merchant accounts. Why are online gambling, online gaming, and online casinos considered a high risk merchant account? What makes gambling or an online casino a high-risk business type is that the entire industry it’s heavily regulated in general. Whether you operate in industries like adult products, CBD, or online gaming, finding the best merchant account services that are reliable and secure is paramount to your success. But you may have been thinking that what it has to do with a gaming merchant. Contact us. All they want is to avoid the risk. Luckily, PayMystic’s expanded network of banking relationships accepts the eGaming and eSports category and provides competitive rates, terms and conditions. com offer high risk merchant account instant approval. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. High Risk Solutions offers merchant accounts for social gaming. However, it is considered a high-risk business. com Home; About Us; Categories. Our banks have liberal underwriting policies, which makes approving online gaming merchants possible. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. World-class checkout. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. Sometimes people are happy with their small business. Other factors that can lead being classified as “high risk”. Services to high-risk business owners are comparatively expansive than low-risk businesses. – Adult Cruise Lines. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high. Here are 21 business apps you can sync with Square that can easily be found in the Square App Marketplace. The acquirers mostly consider them as a high-risk business as it requires a special account to protect the security of their transaction. 95%. – Online Dating. This can be damaging to any consumer, and merchants, as credit reports typically list any loan or credit card inquiry. EMB Makes It Simple. Each type has its benefits and limitations and can be an important part of a chargeback management system. Our gateway partners like NMI and Authorize. Most acquiring banks consider these as high-risk gaming businesses. It’s tabbed as high risk by most card processing providers. The bank then sends the information to the card issuer. But companies like PaymentCloud can help you find competitive processing rates. is the top service provider for merchants having. Quickly send money to winners. Online gaming is on top of the competition these days, as just one online stream can earn you millions in a matter of h. Being a high-risk merchant doesn't mean there's anything wrong with your line of work, and it shouldn't hinder your ability to get a merchant account. These are just a few of the accounts EMB approves for fantasy. We also look at. There is no cost to apply for a gambling merchant account, however, the minimum processing volume to apply for a gaming merchant account via Fast Offshore is 100. The greatly high average credit card debt per household tells just how people love using these cards to carry out transactions. Issuu Store. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Specializing in high risk merchant services, Instabill has been providing e-commerce businesses with a wide range of credit card processing solutions for more than a decade. High-risk merchant accounts offer a range of benefits to merchants who use Shopify as their platform of choice. The buyers of accounts are often people who are new to the game or not as advanced and are looking for an easy way to win. With billions of consumers now using the internet as the primary destination for shopping activities, you stand to gain a lot if you can successfully launch your business on the internet. net, give you access to information regarding your new account. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. Nutraceuticals are tricky businesses to find merchant accounts for due to lack of health regularization by the government. The most significant red flag for banks is the fact that a lot of these. Our payment solutions for face-to-face, online, and mobile. Despite its outset, it has grown by leaps and bounds into a multi-billion-dollar business. National Processing. 5 Star Processing Offers Online Gaming Merchant Accounts. No set up fees for most merchants. Radiant Pay is the leading high risk payment processing, merchant account services and payments gateway solution provider in London UK. Gaming comes with the potential for. It is only via a high-risk merchant account that a merchant can process credit and debit card transactions online. com (EMB). Alipay. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. 1) Online payments where the purchase is made via the Internet and not at a physical store. Some of the high risk industries they have worked with include: tech support, gaming, e-cigarettes, adult entertainment, nutraceuticals, gambling, and airlines, among others. PayKings Provides Online Gaming Merchant Accounts. 6. We serve almost all industries, including those that sell high-risk goods and services. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. Here’s a snapshot of adult industries that use specialized payment processing: – Adult Bookstores. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. US and international merchant accounts. All they want is to avoid the risk. In this day of high-speed communication and networking — credit card processing services have developed a high risk credit card processing program for just about every legal business. As a gaming merchant, you need to be aware of the needs of your gamers and also what your business needs. Strong descriptors that include a customer service phone number. National Processing. Towards the conclusion of the 20th Century, video games became a staple. As a result, nationwide online gaming is categorized as high risk. Online casino and gaming merchant accounts from Leap Payments are available for companies in the following industries: Digital Games. Locate the account application form/page. There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. Begin your search for a collection agency merchant account at your bank. Bonus Abuse. EMB specializes in all industries that are considered high risk. This is the perfect solution for a pop-up shop, trade show, or any merchant who travels. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Every day brings new opportunities for merchants with a merchant account for online gaming. 2. 3) Travel Merchants. With a reliable gaming merchant account, online companies can make the most of their business. 805. EMB is also a reputable alternative online lender in the high risk field. Protect high-risk and adult gaming transactions with comprehensive fraud management. Let us get you set up today. It often means tougher-than-usual terms and higher fees than low-risk accounts. Merchant accounts are provided specifically to control the functioning of your e-commerce websites or websites that accept online payments, one of which is online gaming. All they want is to avoid the risk. This is because they often use stolen credit cards to make their purchases and the cardholder may not be aware of the purchase until it has. Casinos have been around for many years, but the rise of the internet changed the game for gaming fans all over the world. There are several type of fees attached to accommodate to the financial loss from the Acquirers. Manage one-time and recurring billing so members can auto-pay on a set schedule. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. It has several beneficial features that run to complete operations faster. Also to give the most successful transaction results. Stricter terms. Businesses in high-risk industries, such as online gaming, adult entertainment, and nutraceuticals, may have difficulty obtaining domestic merchant accounts. Get started by applying for a Hungarian high risk merchant account today. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. The 21st century has been marked by the dramatic rise of online gaming and digital goods, transforming them into multi-billion dollar industries. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. For e-gaming companies offering online casinos, poker, draws, bingo, lottery, skill games, crypto casinos and all other online gambling operations on the internet with a gaming license, there are two basic “must-have” financial services: A bank account. The online gaming industry is considered high risk because of its high average chargeback ratios (friendly fraud is rampant), legal gray areas (when gaming meets. There are a lot of steps to setting up a business. Mobile gaming, social gaming, sports gaming and many other gaming. Overdue payments and bills. 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. Beyond that, EMB can also set up a fraud filter for your online payments. Our system has reporting tools and channels to aid in-house solution. Corepay: Best For Mail Order/Telephone Order Businesses. There are two plans to choose from, one tailored to brick-and-mortar businesses and the other for ecommerce merchants. Adult entertainment. Social gaming merchant account solutions at 5 Star Processing. Our Social Gaming Merchant Account gives real-time authorization response and multi-currency. So, if you need end-to-end services for a travel, gaming, or online dating, warranties, or credit repair, for instance, then contact EMB. Because different payment processors refuse to participate in high-risk business merchants. Obvious examples of high-risk merchants include those in industries like medical marijuana, on-line gambling, or telemarketing. A competitive payment processing fee for a standard retail small-business account might be 2. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. It has several beneficial features that run to complete operations faster. High-risk businesses can expect processing rates of 3. Intangible product. Even though merchants also enjoy the same benefits as households when they use credit cards, a good majority are still. A gaming merchant account is a bank account that lets you accept payments from customers using credit cards or debit cards. GENERAL INQUIRIES. Fantasy Sports is Considered a High-Risk Business. Internet gambling laws are murky in many regions and an increasing number of companies are registered offshore. A classic example of a high-risk online business is e-Gaming. So, why is this the case? High-risk businesses are rarely served by ordinary merchant account providers. [email protected] You're Approved GET STARTED NOW ! About Us;. Offshore payment processors typically provide these high-risk merchant accounts in a foreign country. As you may know, Internet gaming businesses are deemed as high risk, thus making it challenging for an online gaming merchant account to get approved for payment processing easily. So that you can get instant approval from the banks. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. That's where gaming merchant accounts come in - they are designed specifically for businesses operating in this niche. is the top service provider for merchants having high-risk businesses. We make payment processing for online gaming merchants as easy as 1-2-3 with our trusted network of offshore banks. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart integration, and fraud protection. CNP, or card not present, fraud is still possible with EMV cards, and it is quickly becoming a hacker’s new way of getting. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. Online gaming is a high-risk business, so the high-risk business merchant needs a high-risk gaming merchant account for safe and secure payment transactions. Digital gaming is unquestionably on the list. Nutra Merchant Account. Business Consulting is one of the many types of businesses classified as high risk. Thus, here are five instances that make an online gaming merchant account high risk: The card and cardholder are not present. 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. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions Gaming continues to grow in popularity, with an estimated 2. Monthly fee: $10 to $45. Apply Now for a High-Risk Merchant Account. This is where you will log in to your control panel. X. I recently got approved by Authorize. and therefore banks are a bit leery to take on gun merchants. You Need to Open a Business Bank Account and a Separate Merchant Account. From merchant accounts to payment gateways, from ACH processing to chargeback prevention. When a bank or financial institution rejects a merchant account application because the business is high risk, it is often due to a number of factors, including the industry, a history of bad credit or no credit, and a reputation for high volumes of chargebacks and refunds. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Moreover, doing business online has been made simple with. Low-risk merchants. In time, they will likely become more. According to a recent study, some 12. What makes an Online Gaming Merchant Account? The online gambling industry has operated in legal limbo for years, though the grey area has become smaller. Each type has its benefits and limitations and can be an important part of a chargeback management system. 1) Online Gaming Merchants. com can help you get your business the proper credit card processing account. Dharma’s monthly fee is $20 per month. PaymentCloud: Best for software integrations. An online gaming merchant account is a customized merchant service that helps in online money collection. There is a range of rules and regulations surrounding gambling and online gaming businesses. – Webcam and Live Video Streaming Sites. Instead,. Online. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions. Despite this overwhelming number, there is some encouragement in that this number has decreased by 3% from the 13. Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. The gambling industry has seen a boom over the past few years. A bail bond merchant account may be difficult to find. Today, we see millions of records being lost in single breaches (Target, Kickstarter, the Sands Casino, White Lodging, and Neiman Marcus. To process debit and credit card payments, these businesses require a specialized high-risk merchant account, acting as a protective shield against potential financial pitfalls. The pros of a high-risk merchant account for Shopify. If you’re a merchant who is constantly on the go or lacks a brick and mortar location, a mobile card reader allows you to accept credit cards anywhere. Bonus abuse is a more basic scam closely linked to multiple account fraud. Essentially, a merchant account acts as the middleman between the use of the card and the deposit of the. Websites with Money Prizes: VISA. The data breach incident sold customer details for £1 each in this scam. Easy Pay Direct login gateway. Easy Pay Direct can help you get an adult merchant account and credit card processing services for your high risk business. Friendly & Professional. Chargeback Alerts. Mobile Card Reader. In addition, fraud losses are said to have fallen from $18 billion to. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. Published on January 30, 2022. What is iGaming? In contrast, “iGaming” typically refers to online gambling offered through casinos. The original risk factors are gaming and gambling. – Adult Magazines. Thus, some countries or states may choose to ban the entire industry. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. In addition, there are other risk factors that cause banks to avoid. The online gaming industry typically has a high turnover rate. com Home; About Us; Categories. Our streamlined application process ensures quick approval, so you. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. And when it comes to industries like online gaming, gambling, forex trading, IPTV, adult entertainment, tobacco, and other high-risk industries, the preference rises to 84% for cross-border businesses. Thus,. Obvious examples of high-risk merchants include those in industries like medical marijuana, on-line gambling, or telemarketing. Moving companies. High risk transactions refer to any financial activity that poses a greater degree of potential fraud or money laundering. Support free trial. Many people find WooCommerce is the provider that best meets their business’s needs. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Gaming merchants should deal with. Online Gambling Merchant Services. The high-risk merchant services should offer tools and integrations to ensure online purchases are easy and safe for customers and merchants. To succeed, online merchants should choose the right credit card processor in the field. For more information, please contact us at 800. We help companies who need to acquire an online gaming merchant account and run a sustainable business. At last, we also learn some benefits and drawbacks of using a high.