Gaming Merchant Account

Online Gaming: Everything it
Takes to Get Paid

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Gaming businesses

Gaming businesses have started to become more and more popular and merchants are definitely starting to see the appeal. In fact, throughout the course of this year these businesses are considered one of the fastest growing. This includes online gaming and casinos, which can be highly profitable, but also highly risky. The fact that this industry is rife with problems and potential danger for merchant accounts is one reason they tend to back out of this option.

Even still, there’s been a whole lot of increased access for businesses to get started in internet gaming and it’s expected that this area is going to continue to become more and more popular over the next several years. Because of this, it’s important to have a reliable method of payment processing and a way to make things as easy as possible for customers who tend to prefer using a credit card or debit card to make their purchases.

E-commerce payments

This means that you need a way to offer e-commerce payments and those can only come with an online gaming account through a merchant. This allows for online payments and gives you the ability for huge revenue and returns. But they can be considered high risk. Plus there is the potential for chargebacks, refunds, fraud, large volume sale and a whole lot more. But we can take care of all of those things for you.

Merchant Account

Top Merchant Account Options for Gaming and Gambling

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Plenty of different pieces

There are plenty of different pieces involved in the gaming industry, which include app-based games, digital games, casinos, online gambling, social gaming and mobile games (among others). With our system you’ll have plenty of options within the gaming business, no matter what type of gaming you’re involved in. We have specific options and custom features that will help you in just about anything, and will make sure that you can get a merchant account that works for your high risk business, no matter what you actually need.

Plenty of options

You’re going to have plenty of options, which include offshore merchant accounts with real-time processing and safe payments. You can also get 3D secure processing, great rates, multi-currency options and a whole lot more. You want to make sure that you can execute all of the transactions that you and your clients need and we can make sure that you have exactly that (and then some).

Businesses

The best part of it all is that we know you need something different from other businesses and that’s how we create you a completely individualized option. You’ll have a personal account manager who can work with you to develop exactly what you’re looking for when it comes to your business and your merchant account. Plus, we can work with you on accepting different credit card brands, different currencies and the opportunity to continue growing your business.

Gaming

Why is Gaming Such a High Risk?

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Gaming High Risk

The truth is that gaming is a high risk because of legality reasons. There is some controversy over whether online gaming is actually legal or not. That’s because the federal law doesn’t actually have a law on prosecuting those who participate, but there is the Unlawful Internet Gambling Enforcement Act of 2006. This act says that you’re not allowed to accept funds that are associated with someone engaging in illegal online gambling, which creates a bit of a gray area.

When it comes to casinos and online gambling you’re also going to see a number of other potential problems. These include things like chargebacks (in high numbers) and refunds. Plus there’s a whole lot of turnover, a lot of fraud and plenty of disputed transactions. All of those things are definitely not going to be good for merchants. Not to mention the fact that a lot of these businesses are based overseas.

laws Related To Online Gambling

The United States has a whole lot of laws related to online gambling the businesses go somewhere else. And because of that there are charges of money laundering and even more potential for fraud. When that happens there are high chargeback ratios and then merchants tend to close out the accounts for these facilities. It’s definitely not a good thing for you, but it’s the way that these accounts make sure they’re not going to lose money.

When you have too many chargebacks the credit card processor can have difficult with their sponsor or their brand. They can actually be fined for continuing to take care of your transactions even after your chargeback ratio gets too high. And that means they’re going to lose even more money. Those merchant accounts definitely don’t want that and so they cancel your account or get rid of the contract. It’s not worth it for them.

Improve Your Security

So, how are we going to give you something different? We make sure that you get all of the top features that you need and the security that you need for your transactions. We know that high amounts of chargebacks and fraud are definitely not something you want either, which is what we’re here to help you avoid. We help you keep your business as secure as possible and cut down on these potential problems with things like fraud prevention filters and 3D secure processing.

Payment Solutions

We have more than 50 different alternative payment solutions as well, which means you can offer just about any kind of payment method that you want. Add in conscious payment experiences that tailor to the specific type of device your clients are using and you’ll get even more income from each of your players. Not to mention you’re going to have the versatility of 40 different currencies, which will cut down on your conversion rates, increase the number of places you can expand your business and more. You’ll also have added flexibility and the ability to accept just about type of payment you want.

Platform Focuses

Our platform focuses on what your clients and you are in need of, a great experience. We make sure that you can continue to expand your business and that you can function throughout the world, increasing your profitability in the safest and most effective ways.

Great Support Options

If you have any questions, concerns or problems you want them to be taken care of quickly and that’s exactly what we do. We make sure that you get more conversions and more sales by making it easy for your consumers to work through their payments with all of their favorite payment methods. That includes the normal international credit cards as well as plenty of different alternative options too. In fact, by making the payment process a whole lot easier you can improve the number of clients that are buying from you.

We know that your business staying alive is important and it’s going to help the entire industry to grow. So, whatever type of gaming or gambling you’re involved with, we want to help you and your business. We do this by making sure we know specifically what you have to offer and how we can create the right system that will work for you and improve your business along the way.

Customer Service Offerings

The key to any business is offering the customer what they need. And that means having 24/7 customer service options available. That’s exactly what we offer you and it’s how we take care of any issues that you might have with your merchant account. We know you are a high risk business and that’s okay, because we’re experienced with high risk businesses of all types. That means we have a team that can help you with questions and concerns that are specific to your industry. And we can help you create a process and a path to success that will help you become even more profitable.

Getting the Guarantee

Your business is high risk and we understand that. We also understand how important it is for you to have a merchant account that can take on all of the risks and then some, but still provide excellent transaction processing. We do exactly that by managing customers that have a range of different traits and services. Our merchant gaming provider understands what it takes for your business to run successfully and can help you along the way.

You’ll get SSL encrypted servers to protect you and your clients against fraud. You’ll also have online reporting so you can keep track of all of your reports online. Plus you’ll have excellent support teams that know the payment processing field and specifically the field for online gaming. By working with us and the international partners that we have access to, you’re going to have competitive rates, comprehensive services and everything that your facility needs to save time, money and effort while still improving your growth.

Fast Approval Speeds

You need low rates and you need to get great terms, but you also need to be approved as quickly as possible. That’s where we can help. We can provide you with high and fast acceptance rates, and an efficient process overall. We make sure that high-volume processing is taken care of quickly and easily and we also ensure that you don’t have limits on your transactions, because that’s not going to work in the gaming industry.

Excellent Security

Our security system offers you some of the best rates while still providing high quality options all around. No matter what you need, from in-game payments to recurring transactions to one-click tokenization, we can make sure that it’s all handled and that all of the transactions that are being carried out are executed in the best way possible.

Our team can help you with any gambling or gaming business that you want to run from traditional gambling and online casinos to poker rooms and sports betting facilities. Not to mention apps, subscription based gaming and a whole lot more. Plus, we can work with you to get your offshore license or a gaming license from EU countries like Gibraltar, Alderney, Antigua and Barbuda and more.

Unavailable Countries

It’s important to note that there are some countries that are blocked from gaming accounts coded 7995. These countries are blocked not because of card schemes, but because of countries that prohibit online gambling with cards. The important thing is that the country the customer belongs to is the one that is prohibiting the transaction, not the country that you are based in.
  • Canada
  • China
  • Finland
  • Hong Kong
  • Liechtenstein
  • Lithuania
  • Netherlands
  • USA
  • Norway
  • Poland
  • Portugal
  • Switzerland
  • Turkey
  • UAE
  • UAE

Companies Registered

This list includes companies registered in any of those countries, whose director is in any of those countries, who have transactions from cards that are issued in those countries or transactions with billing addresses in any of those countries.

In order to have a successful application you will also need to know that American Express does not allow gaming services to be purchased with their cards and any gaming company that is approved will need to pay MasterCard a $500 annual fee to activate the account. Likewise, refunds are not allowed and would have to be done in another payment method. Not to mention the terms are always subject to review and could change.

There are a range of different features that are offered, however:

  • Server2Server API integration
  • Recurring billing
  • More than 150 supported currencies
  • CVV, AVS, 3D security
  • API report for data pull
  • Dynamic billing
  • Global card processing

Industries Available:

  • Bookmakers
  • Prize draws
  • Internet sportsbooks
  • Casinos
  • Raffles
  • Small lottery syndicates
  • Internet sportsbooks
  • Reverse/penny auctions