Tuesday, February 23, 2021

High Risk Casino, Gaming & Betting Merchant Account

 

Online Gaming , Online ne casino betting and all other sub categories have been booming and are the favorite choice for the investors and business startups and as well as for the old and new generation for as a pastime destination and at the same time to earn some fast bucks , The online gaming Industry has seen tremendous growth during the lock down and its performing the best in all of the online business segments, whether it’s IPTV , Forex, eCommerce or any other verticals, The casino and its all allied categories like betting , Gambling , Poker , egames websites and added in hundreds every day. Not all are successful pulling business, the reasons may vary website 2 website but the core reasons remains the same , The unavailability of stable and convenient payment options to boost the business, nearly 20 % of the prospect clients are lost due to poor check out.   

The global media and entertainment market, which includes online casinos and gaming, is projected to grow worldwide to $2.14 trillion by 2021.online gaming has exploded over the years and is expected to continue to gain in popularity. Data shows that global online gaming traffic alone is expected to climb from 20 percept annual growth to 30-40 % annual growth.To process credit card payments effectively and efficiently, businesses need to turn to Casino Merchant Service providers to obtain a casino and online gaming merchant account. Specializing in providing high-risk merchant accounts for social gaming, We have been helping Casino , Gaming , Gambling & Poker Merchants irrespective of their Licenses, Incorporation and business sizes, We have ready solution for all categories of Casino , Gambling Merchants whether they are startup or big established name in the Casino & Gaming Industry.

Here are dome of the list of accepted categories that we work with

Merchant accounts in the casino and online gaming industry, including: 

  1. Casinos
  2. Horse race betting
  3. In-play gambling
  4. Lotteries
  5. Massively multiplayer online gaming
  6. Mobile gambling
  7. Mobile gaming
  8. Online bingo
  9. Online poker
  10. Social gaming

Online gaming has become a major, profitable component of the gambling industry; many banks consider them way too risky. Casinos and online gaming businesses are prone to excessive chargebacks and refunds and have a higher volume turnover. This increase the liability the processor likely will incur when processing credit card payments for the business.

 

Also, online gambling get hit with lots of friendly fraud. This is when customers dispute a transaction because they changed their minds. Their credit cards weren’t stolen. They just decided they didn’t want to pay for the services.



 

Due to laws in the United States, many online gambling businesses are based offshore, and there have been reports of money laundering and fraud. Since they are abroad, it is more difficult to keep track of the dollars, and therefore, increasing the risk to processors.

 

Though the casino and online gaming industry is growing in leaps and bounds, many of the businesses are new and have little or no experience and credit history. A lack of credit or poor credit boosts the chances that a business won’t be able to pay back any of their debts to a bank or merchant account provider. This also leaves processors taking on greater financial risk.

 

Having said that we deal only in HighRisk Merchant Solution for all the Industry Particularly online Casino and all other sub categories like Gaming, Gambling & Betting ,

 

So when you are turned down by big boys of the industry you can find a solution with us which will help you to secure a Merchant account solution for your online Casino, Gaming & Betting , We have been assisting Global Merchants for Casino & Gaming all around the world whether they are licenced or unlicensed.

 

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