The label of high-risk merchant. 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. If you observe an online gaming merchant account or online gaming payment gateway solution, EskayPay can make business operations a lot. At Corepay, we proceed with caution when it comes to this industry. 805. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. Offshore payment processors typically provide these high-risk merchant accounts in a foreign country. net, give you access to information regarding your new account. Restaurant. High-Risk Merchant Accounts face several unique challenges, including: 1. And it is a primary truth of the payment industry. and has the following features: Don’t have a processing history; More than 2% charge back; Working with regulation where regulation is needed; Serving international customers. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. EMB specializes in all industries that are considered high risk. 100% of all merchants recieve their merchant account. Higher chargeback fees for every chargeback. Consider the following services EMB offers: Merchant Accounts. Websites with Money Prizes: VISA without a license will use MCC 7994 or 7999Low-risk rates, as low as $99 per month and $. The almost real-time nature of these transactions makes it more difficult to catch fraudsters before it’s too late. This feature is essential for high-risk businesses, as it opens the doors to larger markets and diverse customer bases. High Risk Solutions offers merchant accounts for social gaming. This is because they often use stolen credit cards to make their purchases and the cardholder may not be aware of the purchase until it has already. Outbound Telemarketing (card-absent) MCC 5968. The merchant account provider will usually require a high-risk account to process these payments. We are a reliable payment processor for enhancing your business. High Risk Solutions has relationships with numerous banks, both offshore and domestic, and has been providing credit card processing services for businesses since. The Importance of High-Risk Merchant Services High-risk merchant services help businesses in risk-exposed industries , including adult entertainment, travel, nutraceuticals, and online gaming. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. There are several type of fees attached to accommodate to the financial loss from the Acquirers. Stax: Best for avoiding transaction fees. 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. Whether it is about increasing your sales or generating revenues, we are there to help with our experienced team. Whether you need a single account or multiple, Easy Pay Direct can guide you through the process and help you secure the perfect account for your unique business. Therefore, it’s crucial to address any loose ends before applying for an online gaming merchant account. Mobile App Based Games. International Access. High chargeback ratios. 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. S. In the industry of gaming, a merchant account is essential. Accept multiple currencies. High risk merchant accounts are designed to accommodate businesses that are financially unpredictable, prone to chargebacks or pose a certain degree of potential loss to merchant service providers and banks. EMB works with businesses that have poor credit histories, prior bankruptcies, and tax liens. Monthly fee: $10 to $45. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. This will make tracking sales easier and less stressful for the business. 20. You can even create follow-up campaigns and offer 2. High-risk merchant accounts are set up specifically for businesses in higher-risk industries, such as adult services, firearms, e-cigarette products, online gaming, travel, certain online retailers, and more. 2. High-risk payment gateways: Payment gateways are tools that facilitate credit card transactions. You’ll need a website for your business and the. The gaming industry has high. net’s gateway also stores repeat customer payment information and even gives the merchant the ability to provide recurring billing. net offers high-risk merchants all the tools for high-risk payment processing. In many cases, simply improving customer service drastically reduces returns, chargebacks and customer. The digital gaming businesses usually have a high volume of turnover. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. High-risk businesses typically require higher fees and. Online Gaming Merchant Account Services. 1. Table Games and Poker. High-risk businesses are typically those that are new, have a history of credit problems, or operate in an industry that is considered. Process payments safely and securely by adding a layer of protection to your transactions that will lower the risk of fraudulent transactions and save you money. info@eskaypay. Many people find WooCommerce is the provider that best meets their business’s needs. These are important to look out for before giving green light to online gaming merchant accounts. To locate the best possible provider for your business, you must perform sufficient research and locate the best possible service for your needs. This is especially important for merchants that work exclusively with online and telephone products and services. Online Gaming Merchant Account is a high-risk account. We understand the unique challenges of your business and can. Merchant Stronghold specializes in high. Fantasy sports and online gaming: 7995: Financial investments and securities: 6211: Firearms and accessories: 4214: Foreign exchange and currency exchange: 6050:. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. We specialize in approving high-risk merchant accounts, providing you with the necessary services to effectively operate your eCommerce business. Additionally, you will receive a detailed fee schedule for all your transactions. Published on October 21, 2021 Updated on August 23, 2023A high-risk merchant account is a business account that is mainly designed for businesses that have an excessive risk of chargebacks, fraud, or legal compliance. A high-risk merchant account is a type of business account offered by a payment processor or a bank, designed specifically for businesses deemed “high-risk. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and High Risk Merchants. About. Get started or call us today at (800) 621-4893. Business must process at least $100,000 per month to be eligible for a high-volume merchant. Locate the account application form/page. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. I recently got approved by Authorize. Whether you're in industries such as online gaming, adult entertainment, or CBD, we have the expertise and experience to cater to your specific needs. When you are ready to apply for a merchant account, turn to eMerchantBroker. The gaming industry is considered high risk because it presents a higher risk to the underwriter. 2) High chargeback ratio. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. It’s tabbed as high risk by most card processing providers. For example, a customer may make a purchase from a nutraceutical company (a high risk business) then claim that a purchase was made without their knowledge, call their credit card company. Restaurant. Nutra Merchant Account. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. There are troves of benefits that come along with having. Or check it out in the app stores Home; PopularThis is where online gaming merchant accounts come in. It’s estimated 1. Join our LinkedIn Page at. Merchants should have high-risk gaming merchant accounts to operate their gaming business profitably in Bulgaria. With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions – domestic and offshore – with competitive rates. Gaming Merchant Account is the Best Solution for your Online Gaming BusinessesWhat You Need to Know About High-Risk Merchant Accounts. Nowadays many gaming business owners can expand their profits and generating more revenues opportunity by getting high-risk merchant account for credit card processing,. Health supplements. As a result, nationwide online gaming is categorized as high risk. Choosing the Right High Risk E-Commerce Merchant Account. Use of Stripe's services for any dealings, engagement, or sale of goods/services linked directly or indirectly with jurisdictions Stripe has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk Regions, or persons Stripe has deemed high risk, such as those individuals or entities named to a. EMB is voted the #1 high risk payment processor in the US. An easy application process. The global online gambling and gaming industry is on a winning streak, with its value set to reach $1 trillion by 2021. In 2016, global e-retail sales accounted for 1. One of the essential parts of the setup process is getting a high-risk merchant account for. QuadraPay brings to you high-risk IBANs, and SEPA accounts for gaming-related merchants. It will involve continuous management of systems to ensure a secure and seamless checkout process. You can safeguard your payment processing via. Adult payment processing is high-risk credit card processing so it comes with different fees and fee requirements which vary by service. This includes CBD and Kratom businesses. Online Casino Merchant Account; Online Gaming Merchant Account; Online Pharmacy Merchant Account;. Instead, find an excellent high-risk merchant account processor such that of Allied Payments. High-risk transactions often require additional scrutiny, security. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. Online gaming merchant account demand has been on the rise over the recent few years. These…If you are running any type of gaming or gambling business. You can safeguard your payment processing via. Contact us now by dialing 1 (727) 330-3944 to be approved for your business and merchant account . But the reality is that these are the industries that make the most of the profits that run the economies of countries. The gaming business merchants proffer all kinds of gambling in the form of casinos, sports wagering, online poker, online bingo and. Fees. Post Views: 2,851. Processing limitations describe the highest sales volume that a payment processor will let a merchant process in a certain period of time, typically monthly or annually. If a high risk business tries to get a low risk payment processor, there is a high chance of getting the account terminated at any time. High-risk businesses are rarely served by ordinary merchant account providers. and therefore banks are a bit leery to take on gun merchants. It is the single solution for all your high-risk payment-related problems in Singapore and the rest of the world, too. A high-risk merchant account offers subscription businesses global reach, access to a large network of acquiring banks, and the ability to accept payments in multiple currencies. High Risk Merchant Account Tobacco. Best high risk merchant accounts at a glance. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback. A merchant account is a type of account that is approved by a bank or financial institution to allow the business to take credit and debit card payments from their customers. S. Moving companies. In doing so, these providers enable businesses in. These providers offer specialized payment processing services tailored to the unique needs of high risk merchants,. Authorize. This account is offered by an acquirer, a bank that is ready to work with a high-risk. This type of billing results in excessive chargebacks from unsatisfied customers because. If your business runs an online casino, game or competition, Payed can provide suitable payment processing and merchant accounts - directly connected to our. We are your credit card. Especially with online gambling, several little transactions are produced, and the corresponding banks frequently charge a significantly larger percentage fee. Bank accounts for Startups companies; Best Business Bank Accounts for Online Business 2023; Affiliate Company Formation and Affiliate Bank Account Opening; e-Commerce Company formation & Banking solutions; Feelancers Financial Solutions; High-Risk Merchant Accounts in Europe for Online Business; Knowledge center; About us. The customer contacts their bank or credit card company and requests that the transaction be reversed, which leads to the merchant’s account being charged back for the amount of the disputed transaction. These industries typically include online gaming, #adult entertainment, #pharmaceuticals, travel and tourism, and debt collection,. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. A high-risk merchant account with instant approval can be the lifeline your business needs. This will allow you to continue doing business even in high-risk markets. An online tobacco merchant account provides customized payment processing solutions, along with chargeback management tools. Gaming is an industry that banks have learned has high fraud and chargeback rates. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. With a merchant account from Instabill, we offer live support Monday. They games deal with many, low-cost transactions that need to be approved in real time, so it does not ruin games for players. Multi-Currency Processing. It gives merchants a unique login with order tracking, sales management, inventory, and payments. These companies often face various obstacles that require specialized payment solutions. So, if you are in requirement of a high-risk merchant account Europe (Albania. EMB works with new and existing businesses, high risk merchants, merchants that have been rejected or terminated by other processors, as well as those with bad credit, no credit, or a history of excessive chargebacks. 95%; 24/7 customer service; Gambling/Gaming Merchant Account Regulations. 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. Majority of card processing providers consider it as high risk industry due to certain reasons. ccNetPay – Best for a simple pricing structure and EU transactions. Online. Why Gaming Merchant Account Is High-Risk Business. Gaming Merchant Accounts. Since the COVID-19 lockdown, interest in o. Chargeback protection. 1. 9. Even if these merchants find a “high risk payment processor” they can still frequently deal with holds or freezes on their money and shut down merchant accounts . Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. A typical issue in a gaming merchant. PayKings has the knowledge, experience, and expertise in high risk. Payment Gateways for Online Gaming. Because this account is used for riskier business, it has more security. High Risk. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor : Look for a payment processor that specializes in online gaming and has experience in dealing with the industry’s specific. Some common types of high-risk industries include: Adult entertainment. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. i. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. #1 PaymentCloud Strong Reputation For Fast Approvals. Get. Merchants in these categories for two consecutive months are placed in Mastercard’s. Your High risk merchant source! Lowest rates guaranteed and fastest service. The right card processor will be available to help you solve issues 24/7 through various channels. A high-risk merchant account is a type of bank account specifically designed to cater to businesses with higher levels of risk associated with their operations. Low-Risk Merchant Accounts. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. In the end, Merchant Stronghold has the expertise, and experience in high-risk merchant account payment processing that can provide solutions to all of these sectors and more. The original risk factors are gaming and gambling. You can even create follow-up campaigns and offer 2-way. net’s gateway also stores repeat customer payment information and even gives the merchant the ability to provide recurring billing. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. High risk merchant accounts charge fees that are consistent with the services they provide to high risk. Click on the “account” buttons if you want to start filling out a free application. There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. The reputation of the business, if the business is anytime previously known for dissatisfaction of costumers, transaction frauds, etc. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. 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. About; Agents; APPLY NOW; Sign Up with High Risk Solutions mediashrinx 2019-12-23T17:03:19+00:00. With the growing rate at which cyber crimes occur, locating a high-risk account provider that processes all transactions safely is vital. The High-Risk Gaming Industry Casinos have been around for many years, but the rise of the internet changed the game for gaming fans all over the world. Step 1: A customer buys a product or service either online or in-store. E-Gaming Merchant Accounts. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. With an online gaming credit card processing solution and merchant account from BankCard USA, you can bypass the app store and so much more: Process all forms of electronic payment, including all major. Offshore high-risk merchant accounts often impose fewer limitations on where your customers or payments originate. The best investment that an online gaming company can make is to seek out a reputable and trustworthy high risk merchant account to securely process their payments. Gun Friendly. Gaming. 95%. Even though online gambling has become a big and profitable part of the gambling industry, many banks and other financial institutions still stay away from it because of the high risk. Mobile-based payment gateways have particularly been on the rise and are poised to lead the global payment markets in the coming years, further fueling the growth of e-commerce. Our high risk payment processing expertise can help your legal gaming business acquire merchant accounts and protect those accounts from excessive fraud using proprietary. 4% for mid-risk transactions. It will involve continuous management of systems to ensure a secure and seamless checkout process. WebPays. National Processing. High Risk Merchant Account. One thing all high-risk businesses have in common is an increased need for sharing supporting documents to ensure full compliance. eMerchant Authority offers payment processing options for both domestic and offshore gaming businesses. To process debit and credit card payments, these businesses require a specialized high-risk merchant account, acting as a protective shield against potential financial pitfalls. Being the best high risk merchant account provider in the US, EMB goes above and beyond to make sure your businesses succeed. It’s important to carefully research and compare different providers to find the one that best meets your business’s needs and budget. A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. Yet, these sectors are often labeled "high-risk" due to a variety of factors such as regulatory concerns, chargebacks, and fraudulent activities. To process debit and credit card payments, these businesses require a specialized high-risk merchant account, acting as a protective shield against potential financial pitfalls. Nonprofits. An online high risk merchant account will help you to accept alternative payment methods, such as prepaid debit cards, e-check for high risk businesses, ACH, and crypto payments, which are not accepted by standard merchant account prpcessors. High volume solutions: load balancing gateways and multiple MIDS. com, a reputable payment processor that specializes in the high risk sector? EMB is voted the nation’s #1 provider of high risk merchant services. Despite these challenges, businesses need not. We’ll make. Due to this reason, most of the acquiring. These transactions typically occur in industries with a history of chargebacks, fraud, legal complications, or regulatory challenges. EMB is voted the #1 high risk payment. In the simplest of words, a high risk merchant account is an account that is used for payment processing by businesses that are considered to be high risk by banks. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. The digital gaming industry has a high volume turnover. Seek to analyze the merchant’s digital fingerprints and use more advanced cyberintelligence solutions and products. iPad. MCC 6211. We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. Dharma’s processing rate for high-risk businesses is interchange rate + 1. However, with high risk does come high reward. Once a high-risk gaming industry merchant account is approved, payment processors set monthly processing limits, typically between $10,000 and $30,000 per month, for the first three-to-six-months. What is a High-risk Merchant Account? Oct 11, 2023 The Complete Guide to Online Credit Card Payment Processing Sep 30, 2023. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . BankCard USA specializes in game-changing credit card processing solutions for merchants considered high risk. Take steps to improve your credit score, ensure your debts are in good standing, and. 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. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. In the end, Merchant Stronghold has the expertise, and experience in high-risk merchant account payment processing that can provide solutions to all of these sectors and more. If you still have questions regarding what we can do for you, give us a call at 1-888-548-5649 so you can converse with one of our merchant account managers. Gun Friendly. High-risk Merchant Account Services. Stripe: Best for owners of multiple businesses and brands. When you accept credit card for online gaming business to be likely creating more sales for your online business website. What Makes an Online Gaming Account High Risk? So, why is online gaming viewed by banks and other financial institutions as high risk? The two most common reasons that. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. Reasons to Choose PaynetSecure for Online Gaming Merchant Account. The gaming industry is a fast-growing industry and has enormous potential growth shortly with the evolution of technology and so the gaming. All businesses are examined equally, but high-risk merchant accounts are given closer examination. Gaming merchants should deal with. While online gambling is now highly regulated and organised, some financial institutions. ”. they will also require an online casino and gaming merchant account to process payments for guests to be able to purchase. Nonetheless, we have a high endorsement rate for high risk merchants and offer. Have you heard about eMerchantBroker. We make High Risk Easy. Invoicing and. Instant Approval. Using the best high-risk credit card processing goes far beyond just the setup. No one turned down. Furthermore, any business that processes card not present transactions is classified as high risk because it is at a. Similar to most business services, the high-risk merchant account provider market is highly competitive. The currency of your choice is delivered to your business. This is where high-risk gaming merchant accounts come in – they’re provided by organizations that specialize in serving businesses like these. It often means tougher-than-usual terms and higher fees than low-risk accounts. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. 3. The core of that is that we understand your business model. According to Lending Tree, 42% of Americans were denied a financial product, including personal loans, credit cards, and payment card processing services, over the past 12 months for credit history reasons. DigiPay’s expanded network of banking relationships processes payments for the. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. The merchant account for online gaming setup is easy and has many benefits. Published on May 22, 2023. Online gambling is commonly known as gaming within the merchant services industry. Stax: Best for avoiding transaction fees. Why is Online Gaming Merchant Account Considered High Risk? All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. High-risk businesses are no strangers to the unique challenges posed by the ever-evolving e-commerce landscape. Support free trial. net to use them as payment processor. The underwriting process is complete and the business gets approved for the high risk merchant account. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Payment Processing for Gaming Merchants Jun 29, 2023. With our services, bank-to-bank transfers have never been easier. Payment processing fees: 2% to 3. Each type has its benefits and limitations and can be an important part of a chargeback management system. MOTO Merchant Account. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. Acquiring banks must assess the risk of each Merchant account before the agree to process credit card payments. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. Again, adult entertainment account and payment processing rates fluctuate with season. Traditional gateways won't touch risk. EMB has an A+ rating with the BBB and is voted the #1 high risk processor in the U. The company has a positive reputation for transparent customer service and reliable support. One determining factor of a high risk business is chargebacks, so high risk payment processors have a plan in place to protect the business from chargeback issues; Lower risk of account termination. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. 99% uptime, providing our clients the reliability required to operate their business merchant accounts without concern. Host Merchant Services: Best for large high-risk businesses. In the gaming industry, customers may dispute or reverse their transactions due to various reasons such as dissatisfaction with the game outcome or. com (EMB), which specializes in high-risk processing services, including merchants with bad credit. Why your merchant account is labeled as high risk? Well, there’re several traits that define a merchant account as high risk. 4. This can be attributed to the growth in the online gambling space. financial risk involved. According to a recent study, the online gaming market is projected to grow by $142. The right card processor will be available to help you solve issues 24/7 through various channels. Especially considered to be video games played online all over the world. They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. A High-Risk Merchant Account needs a payment processing solution for the generation of revenue. 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. These providers offer specialized payment processing services tailored to the unique needs of high risk merchants,. 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. Considerations When Looking for a High-Risk Merchant Account . 5 percent. Long-term contracts that only favor the payment processor. PayPal – Best for a pay-as-you-go pricing structure. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. eMerchantBroker (EMB): EMB stands out as another leading high-risk and one of the best merchant account services provider in 2023. National Processing: Best For Clover Processing Hardware. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. When searching for a high-risk merchant account, processing limits are a crucial factor to take into account. Merchants Will Need to Improve Fraud Management Strategies. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. 1) Brick-and-mortar businesses where the credit card is physically presented. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. Paypound is a renowned payment. Bank accounts for Startups companies; Best Business Bank Accounts for Online Business 2023; Affiliate Company Formation and Affiliate Bank Account Opening; e-Commerce Company formation & Banking solutions; Feelancers Financial Solutions; High-Risk Merchant Accounts in Europe for Online Business; Knowledge center; About us. Online gaming is one of the most popular high risk merchant accounts. Credit card. PaynetSecure specializes in high volume & high risk merchant services. Choosing the Right High-Risk Merchant Processor. Our gateway partners like NMI and Authorize. MLM. 500’s Fastest Growing Companies of 2016. High-risk businesses can expect processing rates of 3. PaymentCloud: Best overall. Merchant category risk is determined by assessing several factors, including the nature of the products or services being sold, the transaction volume and frequency, the geographic location of the merchant, and the history of fraud or chargebacks associated with the merchant’s business. com can help you get your business the proper credit card processing account. They provide flexible pricing options, fraud prevention tools, and excellent customer support. There is no cost to apply for a gambling merchant account, however, the minimum processing volume to apply for a gaming merchant account via Fast Offshore is 100. Thanks to high-risk merchant account providers, customers can conveniently buy products safely and instantaneously using their credit cards. There are tons of high-risk merchant services providers out there, so it’s. Low-risk merchants. 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. 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. Contact us now by dialing 1 (727) 330-3944 to be approved for your business and merchant account . Fill in all the required fields. Even if you exercise utmost caution before accepting a card, it’s still a perceived risk that can see you labeled a high risk account. Gaming is the definition of high risk and high return. High Risk merchants approved. (Note: if you have bad credit, your business will be considered high-risk, but you can still get a merchant account with bad credit. July 17, 2023. In-Store. This year, the world’s two largest gaming regions, North America and Asia Pacific, are expected to account for 78% of global revenues. A classic example of a high-risk online business is e-Gaming. 3% to 3.