Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. 14 trillion by 2020, according to the statistics portal, Statista. Easily accept payments from players. Gaming Merchant Accounts and Payment Gateways. These features will help you. Our system uses advanced technology to review your application and provide a decision in as little as 60 seconds. Merchants that want to effectively process credit card payments need to turn to a processor, like eMerchantBroker. Credit card associations have set up rules dictating merchants in specific high-risk MCC codes to pre-register with these associations to ensure monitoring of risks. From the gateway, you can setup different products, shipping costs, tax. This account is offered by an acquirer, a bank that is ready to work with a high-risk company. Also, as skill gaming is truly international and involves people all over the world, the merchant needs to take those things into account. 1. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Let's check some of the best parts of a gaming merchant account - PCI DSS Certified . Easy Pay Direct offers top tier merchant account services with outstanding customer support. Merchant account fees are simply fees paid to maintain the merchant account you need to be able to accept credit and debit cards. An Overview of Social Gaming Merchant Account. The strong team of gaming merchants, merchant account providers, and the gaming payment gateway create a secure network for the players. Most businesses use a payment processor that. 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. GAMING_INVALID_PAYMENT_FLOW: This payment flow is not allowed for gaming merchant accounts. Security is one of the number one factors when choosing affordable merchant services. On top of this, merchants can also be subjected to a $5 or $25 penalty fee. 3. What Is A High Risk Merchant Account? Initially, when you apply for a merchant account, you will be required to submit both tax and business information as well as undergo a credit check. 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. Skill Gaming Solutions; you give thousands or millions of people a place to go to. The terms of the contract may vary from provider to provider, but at the core of the agreement, they are covering their bases. White glove service so you can focus on what matters. A merchant account is a type of bank account that allows businesses to accept payments from customers via electronic transactions. The transaction process that occurs when a sale is made between a customer and a merchant involves a number of actions and steps taken by the previously mentioned players. Yet, EMB is more than willing to set up a high risk merchant account with their patented simple, fast, and effective approach to merchant accounts. At EskayPay, we can provide your merchant account through a simple and speedy process as we have a vast network of acquirers. If a representative signs on 15 clients per month and at an average of $50/client every month, he/she gets to. From day one you'll have a dedicated account specialist to walk you through every step. The card association through their inner networks connects with the issuing bank of the customer’s card for verifying a customer’s identity. Read More. Thanks to 15 years of experience, we know the difference between gambling and skill gaming merchant accounts. Some also may have you pay for hardware and software upfront. Merchant Identification Numbers (MID) play a crucial role in the world of payment processing and are an integral part of any merchant’s journey into the realm of electronic payments. It allows the business owner to accept credit cards, debit cards, and other forms of payment. Steps to get a Gaming merchant account! Step 1: The first step is to sign up with us. Once you have all the requirements, you can fill out an application for a CBD merchant account. Experienced, Expert and Efficient, that's what we are! Amald provides top-notch High-Risk Merchant Account solutions to all around the world. 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. Provide your name, phone number, social security number. No more annoying chatbots, no more phone trees, just a real person ready to solve whatever merchant. A Merchant Category Code (MCC) is a four-figure number used to categorize business entities according to the type of products or services the company offers. Online Gaming Merchant Account is a high-risk account. You should stay away from them. But with us, you won’t need to be troubled. Payment processing is critical to your gaming operations; without it, you will be unable to accept. Gambling merchant account providers understand the nature, challenges, demands and requirements of an online gaming business. With an online gambling merchant account, online gambling and casino merchants can accept payments from customers in a variety of currencies and payment methods, including credit cards, debit cards, and e-wallets. Quickly send money to winners. You’ll need a website for your business and the. Or diversify accounts for backup and mitigation of processing risk. Setting Up an Online Gaming Merchant Account What is Online Gaming? Online gaming is a broad term that refers to playing video games or other types of. Steps to get a Gaming merchant account! Step 1: The first step is to sign up with us. This is especially important for merchants that work exclusively with online and telephone products and services. 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. It is essential to set up corporate bank accounts and gambling merchant accounts specifically designed for the gaming industry. Lucas Siegel. The payment processor transmitters the payment data to an acquiring bank. PayCly is an acquirer that has state-of-the-art payment solutions, such as high-risk merchant accounts & international payment gateway, for your business and helps you achieve your goals. Also, with our 24×7 expert team support, you can. Every merchant account provider uses a different payment model. The growing number of players of Massively Multiplayer Online Role-Playing Games (MMORPGs) has driven an. Step 1: Login to the gateway account as ‘ADMIN’ User. From day one you'll have a dedicated account specialist to walk you through every step. As you can see skill gaming payment processing has not fully shaped itself. Once the gaming payment gateway confirms the payment, the merchant receives the payment on the gaming merchant account. Our payment gateway API easily incorporates into an e-commerce website and assists in processing online payments through multiple channels. You can also contact us online. This is where you will log in to your control panel. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions Gaming continues to grow in popularity, with an estimated 2. You may need to check your spam folder at first, and you can unsubscribe to these emails later by. and therefore banks are a bit leery to take on gun merchants. We authorize high risk merchant accounts with the services you require to effectively run your eCommerce organization. Having a social gaming merchant account will definitely help you out to receive all those payments. To get a merchant account, one must submit an application with a merchant account provider. 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. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. What is an online casino merchant account? Merchant accounts are a type of bank account that allows online gaming companies to accept credit card payments. This process can take anywhere from a few days to a few weeks. We provide gaming businesses with local & international payment processingDepending on your licence, our gaming payment processing options including Worldwide acceptance, multi currency (EUR, GBP, USD, JPY, CAD) and many card options including Visa and Mastercard. It allows merchants to seamlessly accept a high volume of transactions (and large amounts) at a rapid pace. Those who are planning to apply for a high-risk casino merchant account or Online Gaming Merchant Account should pay attention to the points above. A merchant account is a facility to process payments from customers. The risk is raised on gambling, gaming and fantasy sports businesses because the merchant account provider takes on the potential risk of paying any refunds, fees, or fines merchants are unable to pay due to going bankrupt or getting forced into closing. Click to continue reading gaming merchant account and high risk merchant account. Get the Best Online Gaming Merchant Account for Gaming Industry EskayPay is known as the top payment processing service provider in the industry. Click to continue reading gaming merchant account and high risk merchant account. The data breach incident sold customer details for £1 each in this scam. Many of these fees recur on a monthly or annual basis, whether you process any transactions or not. Among them are the following: Make certain that your description is clear and understandable to your clients. Easily accept payments from players. Apply and get approved today!Range of documents to open an online gaming merchant account. Find out more about our gift card solution today at 1-800-530-2444. 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. When comparing a merchant account and payment gateway, it’s essential to understand their primary functions. A voided check or a bank letter. That MCC regulates video game establishments and arcades. Gaming and gambling websites are highly prone to frauds and this is the reason why many account providers hesitate to do business with them. This will reflect a 37% growth all factors remaining. Online gaming has been increasing in popularity for many years and continues to grow fast. 3 billion and 2. Merchant accounts providers can also help. The funds have been returned to your account. Before you submit a merchant account, clean up any past bankruptcies, liens, or late payments from your credit report. An international merchant account is a type of bank account that allows businesses to accept payments from customers around the world in multiple currencies. 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 ». There is no universal list of documents and requirements for opening a gaming merchant account. Gaming payment processing, services provided to companies by payment processors, are. Assistance with opening merchant accounts, gaming software’s, online casinos white-labels and more. Merchant accounts are vital for any business that works exclusively online. We authorize high risk merchant accounts with the services you require to effectively run your eCommerce organization. A government-issued ID, such as a driver’s license. We store all information securely so you don’t have to. Call PayPound at +44 800 832 1733 or email sales@paypound. Merchant Account is kind of bank account which helps to receive payments in multiple ways. However, sponsors of online gaming like casinos, sports betting, fantasy football, and baseball, and other games of. The AMSLV gaming merchant accounts support large ticket transactions to accommodate all your credit/debit card processing needs. Get A Business License. The following factors can mean that you need a high-risk merchant account: Monthly sales volume over $20,000. It’s like a regular merchant account, but it’s made for online gaming. About Us; Solutions. In 2021, the United States hemp-derived CBD market will reach the milestone of having $5. Make sure your driver’s license or passport is up to date. A high risk merchant poses more of a financial risk to the processing company. 4949 or get started here. Merchant accounts are a must-have for businesses that accept electronic payments and businesses that are 100% online-based. eMerchantBroker. However, normally players give priority to comfort more than security. Once approved for the merchant account, set up payment processing services. Beyond that, EMB can also set up a fraud filter for your online payments. Though getting an account may not be very easy, it can be achieved if you know what to. As a gaming merchant, you need to be aware of the needs of your gamers and also what your business needs. The gaming content users can consume the services without fear of losing their financial data or identity through identity theft. High Risk merchants approved. Chargeback protection. Complete merchant account support: With us, you can expand your business anywhere you want as we make allow to outgrow your reach worldwide. 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. ltd for a Gaming Merchant Account. Even if skill gaming stands far away from gambling, there might be some. They typically offer online and in-person processing services. Children’s and Infant’s Wear Stores. More importantly, Easy Pay Direct would love to play it’s part in helping you achieve your goals and service your consumers smoothly. 14159: CURRENCY_NOT_SUPPORTED_ FOR_RECEIVER: This currency cannot be accepted for this recipient’s. With this merchant account, you’ll get several features to rely on. An adult merchant account allows you to worry less about chargebacks and focus more on running your business. After approving the merchant account, the processor will monitor all activities for suspicious or risky behavior, and if any, contact the merchant for clarification. 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 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. And then if you do manage to find a gaming merchant account that can do the trick, it may well cost you a fortune. Some have monthly fees, transaction fees, or both. National Processing: Best For Clover Processing Hardware. We offer Online Gaming. Having a gaming merchant account can be beneficial for online gaming businesses, but it's important to be aware of the potential risks involved. 75 for every $1 lost to fraud. If you have all the documents and meet all the requirements, the next step is to file your application. encounter many difficulties and obstacles. Home High Risk Payment Processing Gaming Merchant Account and Gaming Credit Card Processing Gaming Merchant Account: Gaming Credit Card Processing As a. The industry has been. Although it has been almost 80 years. Opening and operating a gaming merchant account and company bank account for an Internet gambling company can. eCommerce card processing, international wire transfers and debit cards. We guarantee personal service, industry merchant account knowledge, and your complete customer. When you click on. High-risk payment gateways keep the check-out process error-free. GBO’s Birth. Here are a few of the biggest benefits of a high volume merchant account: Sustainable growth – A high-volume merchant account gives merchants the ability to meet the demand of rapid expansion. Our named IBANs ensure your account is yours, while your clients and beneficiaries always see payments to and from your company. A retail merchant account is a special type of bank account that acts as a holding tank. With a full application package, gaming merchants can start processing payments in as soon as 24 hours. Choosing a fast merchant account service provider for your business is the first step toward a successful business plan. Gaming merchant accounts are suitable for various gaming-related businesses, including video game publishers, online casinos, sports betting platforms, and other merchants that. This can be attributed to the growth in the online gambling space. Nonetheless, we have a high endorsement rate for high risk merchants and offer. We guide online casino businesses in establishing accounts to manage player deposits. 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. Extensive Banking Network. A gaming merchant account will accept the payments from the players through their debit or credit cards. Pros and Cons of High Risk Merchant Accounts. Not every . Social gaming. Published on December 27, 2018. The digital gaming businesses usually have a high volume of turnover. High-risk payment gateways provide merchants with adequate security to ensure quick and safe transactions between merchant websites and credit card processors. Requirements may vary according to different aspects. 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. 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. Online Business Financial Services. Debit and credit cards are the natural development for online video gaming organizations. This account acts as a conduit, facilitating. Gaming merchant accounts are of two types, coded and non coded accounts. Locate the account application form/page. Online Gambling Merchant Services. Visit the merchant account processor’s website. Application forms. ECS Payments can provide you with the best payment solutions for an online casinos merchant account, covering all different types of online gaming payment processing including: Etc…. If you’re running a gaming business, you need a merchant account to accept credit and debit card payments. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. More than this, this is. Skip to content Gaming Merchant Account GROWTH OF THE ONLINE GAMING INDUSTRY admin May 26, 2022 Certain sectors have begun to prosper as a. Merchants can receive real-time alerts for all chargebacks lodged when enrolled in an alert service offered via the Ethoca alert system or Verifi networks. Corepay: Best For Mail Order/Telephone Order Businesses. Though more and more online betting companies are emerging, there is still plenty of room in the industry, which is projected to account for double digit growth in 2017 and the years to come. No matter you’re a new business or the owner of top adult websites, you can get a secure and low-cost adult merchant account if you turn to EMB. However, Bitcoin transactions are irreversible unless a merchant decides to reverse the. We’re offering an online gaming merchant account. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. Gamers keep themselves informed of any new releases that gaming platforms and service providers may make. Consider the total cost of your merchant account to. We guide online casino businesses in establishing accounts to manage player deposits. These are just a few of the accounts EMB approves for fantasy. One of the most important goals of online gaming merchants is turning players into payers. This is the real attitude that comes into question while you are seeking an instant way out. Therefore, gaming payment processing services must. Many questions new merchant account holders often have, involve the numbers that come with their accounts; and one such number is the MID number. To complete the application process, you’ll need to provide various identification and paperwork. These are important to look out for before giving green light to online gaming merchant accounts. Gaming payment gateway requests to verify the transactions from the issues bank. The merchant account provider will review the application and documentation to determine if the business is eligible for the account. As a result, its payment processing and legal regulations have not fully developed yet. 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 two serve different purposes; a payment gateway helps with processing online transactions, while a merchant account is the bank account where those payments go. The online gaming merchant account with PayKun is ideal for your gaming mobile application or website. Create an online gaming merchant account with us. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. An Employer Identification Number. We are your credit card. There is a misunderstanding that when it comes to your business only needs a merchant account or payment gateway and not both. Online Gaming Merchant Account Delivers Secure Payment Processing Solutions Nov 23, 2022 Card Processor for Online Casino Businesses processes credit card payments securely Nov 17, 2022. Online Gaming Merchant Account is a high-risk account. You can begin the process by just applying online now. AMSLV,. Online gaming merchant account demand has been on the rise over the recent few years. In many cases, simply improving customer service drastically reduces returns, chargebacks and customer. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. Offshore high risk merchant account providers can be crucial for businesses that operate in industries with higher-than-average levels of risk, such as e-commerce, adult entertainment, and online gaming. 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. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. For business inquiries. The right gaming merchant account will offer multiple cashless payment options, including check, credit, online and mobile options. PayKings provides payment processing solutions for gaming businesses domestic and offshore. Even with the speed of modern technology, it still takes some time to navigate the maze of the payment card industry. One major risk is the potential for chargebacks. 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. This feature combined with the real-time processing means results in merchant services that can’t be. eMerchantBroker. Several currency alternatives, and many modes of payment, among others. The acquiring bank calls for the card association such as Visa, MasterCard, American Express, or any other of the particular payment. 7 billion gamers around the globe. Indicate the nature of your business and your title/role in the business. )Fantasy sports is one of America’s favorite pastimes. Our casino/gaming merchant accounts offer: Safe Transactions – we offer our offshore casino merchant account customers various solutions for their transaction processing. Creating an approved online gaming merchant account requires a high level of preparation from the high-risk merchant owner. Opening a #merchant_account_for_Curacao_gaming company can be a challenging endeavor. High-risk accounts. Credit card processors can close merchant accounts for businesses with chargeback ratios greater than 3%. Durango Merchant Services: Best for highest-risk businesses. 7 billion gamers worldwide. DigiPay’s expanded network of banking relationships processes payments for the. 6 trillion, forex is the biggest and most liquid trading. Payment processing for online gaming merchants. Higher moneyback incidents also harm the image of a gaming platform and can invite many negative reviews on the website. Visit this page for more information. 38 billion between 2021 and 20226. Segpay is a high-risk payment processor that offers online gaming credit card processing services for various types of video gaming, including mobile and social gaming. 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. In the dynamic world of travel agencies, providing seamless payment solutions is essential for delivering outstanding customer experiences. Click on the “account” buttons if you want to start filling out a free application. Our services encompass everything that you need to start your igaming business including: company formation, gaming license, bank account setup, merchant account solutions,. The true professional in the field is the one that specializes in accounts for eCommerce shops and offers safe, reliable, affordable and trustworthy. Adult payment processing is high-risk credit card processing so it comes with different fees and fee requirements which vary by service. This can be done online or at the counter of your business location. A merchant account is a bank account for businesses that allows businesses to process electronic payments. Once approved, EMB can also set up chargeback management tools and a payment gateway, along with a fraud filter for online payments. Conclusion. The merchant account assures safety and security for your High-Risk Business. 11711: TRANSACTION_LIMIT_EXCEEDED: This payout request has exceeded the limit for this type of transaction. 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. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. Consider the total cost of your merchant account to stay within your. However, the sector’s influence extends far beyond dollars; it has shaped broader social, cultural, and business trends and established a path for companies to. Merchant Stronghold’s team. Reasons to Choose Karma Payment Solution for Online Gaming Merchant Account. Look for a merchant account provider that offers the type of processing you need and can help you diversify and expand in the future. You can also be asked for your account number and routing identification. While it doesn’t lift the Stripe hold. Based in a high-risk country or high-risk industry. FYI – GBO is a premier payment solution provider for online casinos. 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. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. Men’s and Boy’s Clothing and Accessories Stores. But before you begin filling out the online application, it would. Gaming Merchant Account for Gaming Merchants in the United Kingdom. You have full access to Quick-click™ once you are logged in to your test account or your live account . Get a secure payment processing solution in as little as 24 hours. The gaming industry has been booming over the past decade, and. eCommerce card processing, international wire transfers and debit cards. Can’t recommend them enough. 2. FintechMerchantAccounts is leading the market when it comes to providing casino and online gaming merchant accounts. Negative bank account. Obtaining an online gaming merchant account isn’t easy. The straightforward 3% chargeback policy with EMB keeps things simple for you. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. The gaming content users can consume the services without fear of losing their financial data or identity through identity theft. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. You can navigate the banking world with the aid of those B2B gaming service. High-risk industries such as online. 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. WebPays. The key to success is having a partnership with a company that knows the industry inside out and this is where we come into. At. We help businesses handle payments more efficiently. Figure out how many payment terminals. A business bank account is where your merchant account provider will send the money from your sales and withdraw any fees. 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. Traditional banking solutions aren’t willing to take the risk. 5641. Chargebacks are mostly seen in debit and credit card transactions. Nonetheless, we have a high endorsement rate for high risk merchants and offer. We can assist in the field of online gaming payment processing and serve businesses offering casino games, poker, sports/sportsbook,. Online merchant account services enable businesses to accept debit and credit card payments for goods and services. The merchant account for online gaming setup is easy and has many benefits. 2. The best small business merchant services accept all common credit cards, including Visa, Mastercard, and American Express. Essentially, a merchant account acts as the middleman between the use of the card and the deposit of the. To do so, your business will need a merchant account. Open a business bank account. Any online gaming business, no matter whether it offers games of skill, sports betting, lottery, casino games, bingo, or games of chance will need two main banking services – a merchant account and a company bank account. 1. You can have a lot of fun running a gaming website, but getting a good, dependable credit card processing solution can be challenging. Click on the “account” buttons if you want to start filling out a free application. Merchants that want to protect their businesses, online gaming merchant accounts, and their customers must take steps to fight fraud and identify. Merchant account approvals take between two to five business days once we’ve received all documents. Better Bargaining Power and Negotiation for better rates and terms. In addition, the application process is fast and hassle-free. This is basically the bank that issues gaming merchant accounts. Apply for an online gambling license. 805. Obtain A Business Bank Account. It will typically be linked to a payment processor that is integrated into the website and/or application. Credit card information needs to be. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Or diversify accounts for backup and mitigation of processing risk. Bank accounts for gaming businesses and merchant accounts To manage all that cash flow, you need the appropriate tools. 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. This account is offered by an acquirer, a bank that is ready to work with a high-risk company. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. Your account needs to be secure to process cards online. With a merchant account from Instabill, we offer live support Monday. Travel merchant businesses accept payment from all over the world in different. For a merchant, a better approach is to immediately make an action plan and work on ways to. All types of online gaming merchants qualify for. eMerchant Authority offers payment processing options for both domestic and offshore gaming businesses. It is typically connected to a payment processor that is integrated within the website or application. 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. Published on May 8, 2023. As long as your chargeback rate is below 3%, emerchantbroker. 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. Having a merchant services account is an integral part of payment processing for your small business. A specialized gambling merchant account is designed to handle the unique risks and challenges of the online gambling industry. After an online game retailer demanded an online payment option, this. Ideally, the merchant account should offer 24/7 support and multiple ways to contact them. The vast majority of banks who are giving them a credit line consider this factor high-risk. The online gaming sector has developed dramatically over the past decade, and this trend will likely continue as more individuals become interested in this activity. Also to give the most successful transaction results. High-risk industries such. The gaming industry has high. **1. Need Merchant account processing for your Fantasy Sports site? Of this gigantic amount of revenue, 10% came from the United States. The Gaming business runs as per the types of gaming mentioned earlier. Multi-Currency processing. Credit Card Processing Services.