Scan this QR code to download the app now. 95 billion by 2027. The main difference between online gambling and casino businesses and other businesses such as brick-and-mortar retail stores is how risky these businesses are to acquirers. The online gaming demand is increasing significantly, hence gamers are more conscious of what they can anticipate from online gaming merchant account providers. 14 trillion by 2020, according to the statistics portal, Statista. Its main purpose is to receive deposits and payments, as well as to set payouts and player awards. Easily accept payments from players. Services to high-risk business owners are comparatively expansive than low-risk businesses. com can help you get your business the proper credit card processing account. The industry has exploded in popularity in the United States with over 45. Online gambling is commonly referred to as gaming within the merchant services industry. One of the most important goals of online gaming merchants is turning players into payers. Thus, eMerchantPRo provides a complete support and assistance for your online Gaming Business. National Processing customizes its pricing depending on each merchant’s size, business type, and processing history. 508: HPP: Invalid data in MERCHANT_ID field. Many of these fees recur on a monthly or annual basis, whether you process any transactions or not. Payment processing for gambling is critical to your operations; without it, you cannot accept deposits. The worldwide gambling industry is booming, with an estimated global gross yield of nearly $500 billion in 2019 – nearly ten percent of that amount flowed through online gambling sites. 2. What Is Gaming Merchant Account?A gaming merchant account is a type of payment processing service specifically designed to serve the needs of gaming businesses. The Best Gaming Merchant Account Providers. An acquirer makes money by offering merchant accounts to businesses, allowing them to accept credit cards. 1. They’re only available to businesses, and they’re a crucial part of the payment process. Players have the opportunity to play legally. All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. Unlike the customary merchant account transaction recovering atmosphere, the cash case grace, and the system through which the outputs are saved, need to meet the high norms of liableness and productivity in order to carry-on the high trade volume of the Online casino gaming industry. While 24-hour approvals. An online casino or gaming merchant account allows merchants to control their businesses and revenues with International Payment Processing. Bank transfers are the safest online. Traditional gateways won't touch risk. A gaming or online casino merchant account can build up your plans everything considered. Online gambling, is commonly known as gaming within the merchant services industry. However, to accept credit and debit card payments from online customers, you will likely need to partner with one of the many available merchant account providers, including our PayPal merchant account. Active GO2bank account required to receive eGift Cards, eGift Card merchants subject to change, as well as the percentage of cash back from each merchant. According to the International Trade Administration , the worldwide video game industry has a value of $159. Conventional banks are somewhat sceptical of those operating within the gambling industry, making ChargeMoney the easiest and safest solution to guide you through the process safely. 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. We can. RadiantPay is a trusted and reliable payment service provider that offers a range of gaming merchant account solutions tailored to meet the unique needs of the online gaming. In addition to accepting credit. The gaming market was estimated to be worth $21. View Website. They can regard the straightforwardness wherein they could endeavor showed up particularly in association with a long time earlier. A well-established gaming merchant must obtain the gaming merchant account for easy and secure payments. Merchant solutions comprise payment processing services, merchant accounts, chargeback management, fraud prevention, etc. Credit Card Processing Services. How to link. As players immerse themselves in virtual worlds, the significance of a seamless…SPECIAL ASPECTS OF GAMING MERCHANT ACCOUNTS. Digital casinos must also navigate meeting. Create an online gaming merchant account with us. Online merchant account services enable businesses to accept debit and credit card payments for goods and services. Hiccups such as excess chargebacks. Payment processing for online gaming merchants. It is labelled as begin highly risky by majority of account providers online. Although we still have the forerunners of online dating such as Match. The Pros. You can begin the process by just applying online now. Gaming is very similar to casinos. Effective payment processing is crucial to maximizing profits, boosting customer. The online gaming industry requires high risk merchant account. Merchant accounts for startup online gaming operations. If your company doesn’t have a positive transaction history or it is too new to have developed one, you will encounter high charges from payment processing providers at best, but more. Additionally, a fraud detection system is also a possibility for online transactions. This helps gaming merchant account clients to process not only MasterCard and Visa but also many other kinds of credit/ debit cards. Most of the primary factors should be security, affordable. 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. Share. You must find a provider which focuses on the following issues:-Charge-back reporting and prevention. Your merchant account communicates with the customer’s card issuer. At Premier One Payments, we believe that businesses should get the opportunity to grow and thrive on their own terms. Credit card processors E-commerce High Risk Business High Risk Business Merchant High Risk Merchants Merchant Account Merchant Services. Apply Now. As long as your chargeback rate is below 3%, emerchantbroker. Please contact the merchant. Online gambling is commonly known as gaming within the merchant services industry. 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Online gambling, is commonly known as gaming within the merchant services industry. Thus, eMerchantPRo provides a complete support and assistance for your online Gaming Business. Easy Integration, Fast Onboarding, Multi-Currency. 3 billion and 2. 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. As an… Open in appIn fact, even many of the International high risk merchant accounts will not underwrite Online Gaming businesses. It integrates with Meta for Business, so you can accept donations or sell goods on Instagram and Facebook. With a reliable gaming merchant account, online companies can make the most of their business. 508: HPP: Invalid data in ACCOUNT field. 9 billion in 2016. Opening a gaming merchant account with Radiant Pay will allow your customer to pay easily with credit and debit cards. How important a gaming merchant account is? Gaming in industry has numerous customers that transacts on their site or application on daily basis. Merchant Discount Rate (MDR) or commission rate. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or. After payment, the in-game item is transferred to the users. Data shows that global online gaming traffic alone is expected to climb from 20 percept annual growth to 30-40 % annual growth. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Friendly & Professional. On the other hand, a merchant account acts as a holding account where. You can navigate the banking world with the aid of those B2B gaming service. But having this account will not make you worry about any type of fraud. Clover: Best for POS. You can also contact us online. 3. Banks and other payment processing companies might label a. Everyone, from small children to adults, has their own game obsession. Bank accounts for gaming businesses and merchant accounts To manage all that cash flow, you need the appropriate tools. Stripe is one of the leading merchant services providers out there. An online payment gateway has a quite important function in the whole payment process, as it virtually connects the wallets of customers with gaming merchant accounts to create a transaction space. 7 billion in 2022, according to Statista. The ability to integrate Easy Pay Direct with. The account is arranged by a payment service provider which works as a mediator between the acquirer bank and the business. The best bank account for gambling businesses must be able to receive money from the business’s merchant account; accept multiple currencies; allow online banking; provide a debit card and multiple signature rights to the account. We will also help you setup with bank, broker and FX solutions for end to end payment solutions for your business. Obtaining an online gaming merchant account isn’t easy. They games deal with many, low-cost transactions that need to be approved in real time, so it does not ruin. Gaming Payment Gateway that will help you excel and grow your business. Your merchant account receives funds and credits your. Square is simple, plug-and-play software that can run on iOS and Android devices. Payment speed is a concern for different types of customers, but the need for instant checkout almost triples for online gamers. Post Views: 18,467. With MOTO payments, the cardholder provides their card details and authorizes the transaction in writing or by verbal consent. Multiple common factors include profitability, chargebacks, & business history; there are a lot of other factors which are included. You must find a payment processor which reports instantly any refund inquiry by the players. The merchant account for online gaming setup is easy and has many benefits. Merchant Account is kind of bank account which helps to receive payments in multiple ways. Online bingo sites, casino games, and sports betting cover a major. In Merchant, players take the role of a shopkeeper who must manage a team of Heroes and Crafters. Our credit card processors also provide offshore credit card processing solutions. People could always find things that are new and might be more interesting to them after a while. However, traditional banks may not be the ideal option for obtaining a sustainable online gaming merchant account. If the ratio of money-back incidents goes beyond the decided limit, they cannot keep the account of a gaming merchant. In the internet gambling business, e-gaming service providers can have difficulties in finding a payment processor that can provide an online gaming merchant account at reasonable cost. Depending upon the business model and risk profile, the Provider may offer any pricing structure. The Best Merchant Account Service Providers of 2023. Click Create payments profile. Fill out the quick & easy form or pick up the phone and call +1 (800) 530-2444. You. Visit the merchant account processor’s website. Fill out EMB’s online application today and get approved for a merchant account within 24 and 48 hours. Merchant Stronghold provides merchant accounts to a variety of companies in the online gaming and casino sector, which includes: Casinos; Horse race betting; Play. An Ideal online game-savvy merchant account. Online gambling has fewer regulations than land-based casinos, thus banks are wary of lending to online gaming businesses. There are several type of fees attached to accommodate to the financial loss from the Acquirers. Among them are the following: Make certain that your. For example online gambling is only permitted in the states of Delaware, New Jersey and Nevada. 7800 - Government-run online lotteries. Connected. . Merchant solutions comprise payment processing services, merchant accounts, chargeback management, fraud prevention, etc. Easily accept payments from players. See Deposit Account Agreement for details. Other Services. Locate the account application form/page. 30 EUR 3D Secure. 2. They typically offer online and in-person processing services. Gaming Merchant Account Fees: Gateway Fees: Discount Rate: 1. 1. With a reliable gaming merchant account, online companies can make the most of their business. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. View Website. In most cases, a high-risk merchant account can be approved within 3 to 10 business days of a complete application packet being submitted to underwriting. Open a business bank account. Higher moneyback incidents also harm the image of a gaming platform and can invite many negative reviews on the website. Adult payment processing is high-risk credit card processing so it comes with different fees and fee requirements which vary by service. The online gaming and betting industry in the UK contribute a huge percentage of market share in the gaming and casino industry. Gaming is a platform that may be used in a variety of ways. Square: Best overall. Require a high-risk merchant account for online gambling? Poker is one of the most prominent games in the entire world. Connected. Merchant account fees are simply fees paid to maintain the merchant account you need to be able to accept credit and debit cards. The processing volumes and chargeback are generally. 1. Customers provide their credit card info, and then the payment gateway passes the information between the selling business, the customer’s bank, and the seller’s bank, either approving or declining transactions along. We are committed to. Being considered a high-risk merchant is not a death sentence for your business. According to a recent survey, over 70% of online gamers prefer to make transactions with their debit or credit cards. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. 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. Call PayPound at +44 800 832 1733 or email sales@paypound. An Employer Identification Number. We approve high-risk merchant accounts with the services you require to successfully run your eCommerce business. There is a spike in the number of customers playing online games and with the increase in the number of fans their spending also is going to increase, let alone in the US, over 164 million people do online gaming. This makes it necessary that all e-commerce platforms have online gaming merchant accounts. The principal’s Social Security Number. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high. Ability to set-up a gaming merchant account. co understands the unique needs of online gaming. A merchant account will enable you to accept online payments from both credit and debit. The Covid-19 pandemic took the world of eCommerce by storm, as online sales hit $5. Offer internet banking enabling you to make transactions online anytime, anywhere. Author: GBO Specialist GBO: Expert Merchant Services for Online Gaming – Open Your European Online Gaming Merchant Account Today! Contact us in. Why merchant account is important for online gaming? Merchant accounts are provided specifically to control the functioning of your e-commerce…Online Gaming Merchant Account Makes Gaming Businesses Superb. Online Gaming Processing. May 27, 2022 admin Leave a comment. In order to get and maintain good standing with your service provider, you must meet. You’ll need a website for your business and the. Online Gambling Merchant Services. Online Gaming Merchant Account. 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. In short, your merchant account lets you accept and process electronic credit card payments. 1. It’s also how cards get declined and why businesses are able to receive funds before a buyer pays off. Square: merchant account services for in-person and social sales . The online gaming merchant account with PayKun is ideal for your gaming mobile application or website. With a full application package, gaming merchants can start processing payments in as soon as 24 hours. The company has earned an “ A+ ” rating in our review as well as an “ A+ ” rating with the BBB. At that time, we were developing online gaming LaaS (licensing as a service). While fantasy gaming has been popular with sports fans for decades, there are now numerous companies offering cash incentives and betting opportunities through their fantasy sports betting merchant accounts. Your merchant account receives funds and credits your. Interaction between people. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. How to apply for a Gaming Merchant Account. It is perceived as a high risk industry by the majority of card processing providers for several reasons: Online. Opening a new business bank account for start-up online businesses and online gambling businesses can be complex and challenging. Merchant Stronghold specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. We help businesses handle payments more efficiently. Click to continue reading gaming merchant account and high risk merchant account. Our high risk payment processing expertise can help your legal gaming. Online Gaming & Casinos; Bail Bonds; Multilevel Marketing; Online Furniture Sales; Bad Credit Merchant Accounts; Calling Cards; Moving & Transportation; CBD Oil;. A merchant account is a specialised banking arrangement that empowers businesses, including online gaming platforms, to accept payments from players. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. Review the details of the linking of online payment and select Authorize. This service extends across sovereign borders. An online gaming merchant account is a business account used to process payments of the customers/players. Beyond that, SecureGlobalPay can also set up a fraud filter for your. eMerchant Authority’s Online Gaming Merchant Options. gaming merchant account. X. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment processing. Online Gaming Merchant Accounts Online gaming and gambling has never been hotter. Easy and smooth Payments. Are you a gaming business owner looking to accept online payments from your customers? If so, then you'll need a gaming. Easily accept payments from players. In fa. We can assist in the field of online gaming payment processing and serve businesses offering casino games, poker, sports/sportsbook,. A Forex merchant account is vital for a foreign business that accepts online payments. iPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. Most businesses use a payment processor that. A merchant account is a type of bank account that allows businesses to accept payments from customers via electronic transactions. Its purpose is to accept deposits, payments and to facilitate payouts and players prizes. Especially considered to be video games played. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. This can be proven with a valid business license. ProMerchant: Best for High-Risk Businesses. Customers then make purchases as they normally do, but can split their purchase over four payments. High risk merchant accounts offer chargeback mitigation tools and dispute resolution measures to help high risk businesses better address and minimize financial risks. The growth in digitalization is the main reason for the industry’s growth across the globe. started today! Our gateway will enable you to accept credit cards and local payment models in no time. 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. Online fraud is a big issue for almost every online merchant. Online gambling is an ever-growing market that has exploded exponentially over the last few years. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. If your business is struggling with poor credit, you’ve likely been turned down for a merchant account by your standard, low-risk provider — but don’t worry. The Curaçao eGaming’s main characteristics are as follows: For all forms of. You’ll get approval for a casino and gaming merchant account in just 24 hours. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Easily accept payments from players. Travel merchant services allow businesses to accept payments online, over the phone, or in person, through credit cards, debit cards, ACH/eCheck, or gift cards via a merchant account for travel business. National Processing. It immediately stops the transaction, if the fraudster gets caught. Finding the right partner for your credit card processing is not easy and this is especially true for online gaming companies. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. For this reason, you should get an online gambling merchant account from a partner who comprehends the specific needs of the industry. Your gaming merchant account may also be compatible with the world’s most popular currencies. As soon as you’re approved, SecureGlobalPay can set up chargeback management tools and a payment gateway. We will provide a fully customized and properly created online gaming merchant account and the elegant and effective UI can help gamers play on a hassle-free platform. Find out more about our gift card solution today at 1-800-530-2444. For online casinos and gaming operations, being unable to obtain reliable merchant account services represents a significant and sometimes insurmountable obstacle. After signing up, you will need to. 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. 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. The strong team of gaming merchants, merchant account providers, and the gaming payment gateway create a secure network for the players. Ipaytotal | iPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. E-Gaming Merchant Accounts. We turn your challenges into simpler tasks through our team of experts. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. banks and financial service providers deny working with this industry. Online Payments. com can get you a secure and affordable gaming merchant. 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. Because Square users are automatically added to Square's merchant account, you don’t have to shop around for. Gaming Payment Gateway instantly secures online payment transactions from potential threats. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. The reasons include: Online gambling feature high-volume turnover Most gaming businesses are located offshore If a start-up or new, banks off are put off because there. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. The merchant account provider will also need the following information for the underwriters and processors: A government-issued ID (driver’s license, etc. Online Casino & Gaming Merchant Accounts to Boost Business As the rise of online and mobile based gaming and gambling has increased, so has the need for payment solutions. 7 billion gamers around the globe. Nodal Account is an internal account of the bank. Cash fit products play a critical business for gaming. A Gaming Merchant Account is a dedicated business banking account which allows smooth transactions when operating in a high-risk industry. With a domestic online gaming merchant account, an online gaming merchant will be imposed volume caps – and nearing or exceeding such caps can get a. Social gaming. Our process is simple so you can focus on your business. You need three separate accounts to run local inventory ads: Merchant Center, Google My Business Locations, and Google Ads. Longer approval times are almost always due to delays while underwriters wait for additional information from the business owner. Here is a list of the documents that the merchant must provide: What is a gaming merchant account? What is a gaming merchant account? Simply put, it's a specialized type of merchant account that caters specifically to businesses in the gaming industry. Some customers might join your gaming service or website for a bit and then leave. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Gaming merchant accounts are of two types, coded and non coded accounts. Merchant. That is why it is important for you to learn as much as you can about the Merchant Account provider you will likely choose. Online gaming is on top of the competition these days, as just one online stream can earn you millions in a matter of h. PowerPoint Templates. 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. Notwithstanding,. Games are inherently a part of human existence. 38 billion between 2021 and 20226. 40 billion in 2021, and also it is expected to reach USD 339. You'll need a Google Account (for example, Gmail) to sign up for Merchant Center. People could always find things that are new and might be more interesting to them after a while. Make sure to have your business info available to set up your payments profile. Every payment mode whether credit card or debit card includes a transfer of funds to a Social. What Is An Online Gaming Merchant Account? These are credit card processing accounts that specifically serve online gambling companies. Online Gambling and Gaming Merchant Account Compliance. The majority of gaming businesses are based offshore – historically there have been cases of both money laundering and fraud within the industry. 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. Among the many services offered, good-standing merchants of record have access to effective chargeback management tools that prevent. The most commonly used MCC coding used for merchants operating skilled gaming are 7994, 7995 or 7999. Its features include the essence to render the best possible services in the entertainment sector to the Gaming merchants. Tap Payments and Subscriptions > Payment methods. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. 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. Merchants that want to protect their businesses, online gaming merchant accounts, and their customers must take steps to fight fraud and. ePay Global is an online payment gateway provider for high risk merchants as well as low risk. To open a merchant account, the business has to be legitimate. Services to high-risk business owners are comparatively expansive than low-risk businesses. After signing up, you will need to fill out the application form and upload the required documents. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. It provides a reliable payment solution for both the business and the players. 2. Step 2: You will be asked to fill out the application. Beyond that, SecureGlobalPay can also set up a fraud filter for your online payments. Online gaming requires a specialized emphasis on certain issues. An Overview of Social Gaming Merchant Account. A merchant account with a payment gateway will provide a list of features that will help your. Money Orders (Not Money Transfer), Account Funding (not Stored Value Load), Travelers Cheques, and Debt Repayment) – the term “non-fiat currency” has been replaced with “Liquid and Cryptocurrency Assets” effective 20 January 2024 MCC7994 (Video Game Arcades/Establishments) – MCC description has been updated to include ‘indoorHigh-risk Merchant Account Services. To apply for the merchant account, you will need to prove the legitimacy of your business by getting a business license. Heroes are sent out on quests in order to fight enemies and gather materials. 00 EUR; Setup: 100 EUR Optional Annual Fee 3D Secure: 49. If you don't have a Google Account, go to accounts. Register Your Business. Instabill. Obtain a business license. Where does the U. Interchange Pricing For Gaming Clients. Once the gaming payment gateway confirms the payment, the merchant receives the payment on the gaming merchant account. The set-up process for a merchant account actually begins with the need to start accepting card payments from your customers. We help companies who need to acquire an online gaming merchant account and run a sustainable business. Often considered high risk due to market perception and chargeback rates, it is important to work with the right merchant services provider. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. When you begin your payment processing with us, you. Our payment services are designed with special consideration for the unique aspects of the online gaming industry, and they have proven to be the best. What’s a merchant account? A merchant account is a facility to process payments from customers. “A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and…The online gaming industry is ripe for fraud. . This. The gaming market is estimated to have a turnover of USD 198. The Gaming business runs as per the types of gaming mentioned earlier. In order for your business to process credit card and debit card payments, you will need an adult merchant account. 7% from 2022 to 2030. Please contact the merchant, or refer to your code and the Developer's Documentation. Towards the conclusion of the 20th Century, video games became a staple. We offer Online Gaming. An easy application process. That MCC regulates video game establishments and. The Best Merchant Account Services. Some customers might join your gaming service or website for a bit and then leave. Easy Pay Direct offers top tier merchant account services with outstanding customer support. The Safer deal comes out of a transaction that happens online. The online casino industry is well-known as online gaming in the merchant service industry. Our experts understand all the industries profoundly and make the process convenient for the merchants. Social gaming merchant account solutions at 5 Star Processing. Steps to get a Gaming merchant account! Step 1: The first step is to sign up with us. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming industry and already provides gaming merchant services. A MOTO (Mail Only, Telephone Only) merchant account is a credit card processing account designed for businesses that accept credit card payments by mail/email (Mail Only) or by phone (Telephone Only) but not on a Website. 50% Transaction Fee: 0. Also to give the most successful transaction results. Fantasy sports is one of America’s favorite pastimes. In addition, the application process is fast and hassle-free. The gaming content users can consume the services without fear of losing their financial data or identity through identity theft. But as we told you earlier that banks will. Apr 8, 2022 - Explore Highrisk Gateways's board "Online Gaming Merchant account" on Pinterest. Gaming players invest a massive amount of money; thus, gaming platforms are a promising option to steal a lot of money through credit cards. 95% - 3. Accept credit and debit cards for the gaming business. Gaming is considered high risk because of the heavy traffic, high transaction volume, vulnerability to fraudulent activity and chargebacks. Making an account by a customer is the first step, and the online gaming merchant account holders should try to give the best experience on this part. Almost half of those surveyed (48%) that tried online dating were between the ages of 18 and 29. Call us at (727) 873-0963. Here is a step-by-step process on how to set up a merchant account. It’s like a regular merchant account, but it’s made for online gaming.