Casino Merchant
This one is one of the most sensitive subject when a Casino Merchant and iGaming Companies ask me. To be very frankly I would like to say one needs to do the proper research & home work. Before you sign up with any particular PSP or Merchant Provider for your Casino Merchant or iGaming Merchant you must know your potential customer and market, Now a days a lot of popular payment options are prevalent except the main stream cards like MasterCard & Visa.
Wallet Payments and Bank Transfers are not too behind when online payments are considered and more importantly they are low cost and easy to mange too.
Casino Merchant surely require a stable multi option Payment gateway so that they do not loose too much of the clients due to the unavailability of any particular payment option when you have invested a greater time and money to generate traffic on your online casino and iGaming platforms,
Payment Options to be consider for every Casino
1. Card Processing
2. Wallet Payment Options
3. Bank Transfer
4. Crypto Payment Option
All of the above payment option will have a greater success with the traffic whether you have brought it from the third party platforms or Received from the affiliates or invested your own time and money directly. I do believe no one would love to looser the client.
There are really a lot of Payment service providers which help you to integrate a multi option merchant account where you would really have a payment gateway which accepts all the above Payments.
The payment solution for regulated casino and unregulated casino are equally challenging. The presence of License has its own merits and Demerits. So if one think that challenges are only for the unlicensed casino then it will be a great mistake. It becomes more challenging and uphill task for start up which do not have much expertise in the payment space.
Every Month we see a good number of Casino Merchant and iGaming merchant struggling with right merchant account and waste a lot of time and money integrating un compatible payment gateway only to realize later that it has gone in vain.
