How to Open a Gaming Merchant Account

Are you an owner of any online gaming business and looking for a way to accept online payments through credit and debit card processing for your business? Then you have come to the right place. Because all you need is an Online Gaming Merchant Account to start accepting the payments instantly and this blog will help you open the Merchant account you actually need in your present situation. So, we request you to keep track of this blog and we assure you all your queries will be solved.

The online gaming and gambling industry is changing drastically with each passing day. While some countries have made this online gaming and gambling illegal the others are making the business of over 1 trillion US dollars on annual bases.

Apply for a Instant Approval Online Gaming Merchant Account

Most of the online gaming merchant account are stated offshore because of the high risk involved in the business. Majority of the banks and service providers hesitate to work for such business because of the high risk, as high-risk business brings along high chargeback rates.

Hence, the only way you can start accepting credit card payments through online transactions, you need to look out for a provider/processor with a high rate of High Risk Merchant Account approvals and is also willing to work for such businesses.

The Gaming Merchant account takes into consideration gaming businesses like Horse Race Betting, Lotteries, Mobile Gambling, Casinos, Online Poker, Online Bingo, etc.

All you need to do is click on apply for Gaming Merchant Account and your Online Gaming Merchant Account will be ready with approval within a couple of days.

How do I apply for an Online Poker Merchant Account?

In case you are an owner of an Online Poker Business, the first thing necessary is the Online Poker Merchant Account for your business. So that you can perform online payment transactions in a smooth way. Poker being one of the famous game all across the globe, it is necessary to have a merchant account from a trustworthy Payment Processing service provider which can deal in multiple currencies.

Apply for a Instant Approval Online Poker Merchant Account

The trend of playing the game of poker at clubs, parties, and functions is changing and all the game lovers are turning towards the internet to play games like Texas-Hold’em, Five-Card Draw, Seven-Card Stud etc. all of which are together called poker games.

But as known to all of online poker merchant account comes under the category of Gaming Merchant Account, and obtaining such a high risk merchant account is a very tough thing to do. Also, the international issues come into account.

Hence, the best way to won an online poker merchant account is to have an offshore merchant account, Offshore accounts are created with lesser restrictions and also deal in multiple currencies.

Other advantages that come along with the Offshore Merchant Account are

We can accept payments from any popular credit card brands without difficulties.
Instant Payment Processing is possible because of the offshore merchant account.
The security from fraudulent transactions increases as we choose this account.

High Risk Merchant Account Solutions for Online Gambling & Betting Companies

The online gambling and betting industry is undoubtedly one of the biggest and most lucrative markets in the world. Despite the various legal and societal stigmas attached to it, businesses in the industry continue to thrive and grow.

The rapidly growing online and betting market is anticipated to reach a staggering $94.4 billion by 2024 globally showing no signs of slowing down at all. No wonder then new merchants are trying to enter the market and take advantage of the benefits it offers.

Apply for a Instant Approval Gambling & Betting Merchant Account

Keeping that in mind, new as well as existing betting merchants need to understand the growing demands of their customers as well as the market in general. And on top of their priority should be changing the way payments are received.

Especially, as a merchant operating online business, integrating secure payment gateway to accept credit/debit card safely of your players should be your top concern.

How to obtain High risk merchant account solutions for Online Gambling & Betting?

Online gambling and betting are risky business ventures which makes securing a good merchant account provider a bit tricky and difficulty.

It can be often challenging for betting merchants since the industry comes under the high risk umbrella tag due to market perception and high chargebacks making it important for the business to work with the right kind of merchant account provider.

If you are wondering what options do you have as a betting merchant, do not fret! Due to the increasing market demand and lucrative business opportunity, many reputed merchant account processors have come up to offer quality high risk merchant account solutions for online gambling and betting businesses.

Now, increase your business revenue and expand your business beyond your reach by employing a range of payment methods that will help your business establish in new markets and also reducing currency conversion rates too.

A player needs real-time and a quick way to process transactions. High risk merchant account for online gambling and betting will fine tune your payment process and help in customer loyalty as well as conversion.

With quality high risk merchant account solutions, a merchant can easily and smoothly process high volume transactions without any delay during important competitions or major meets.

Most importantly, online fraud prevention tools equipped with High Risk Merchant Account solutions will ensure player safety by reducing frauds and chargebacks.