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. It’s important to carefully research and compare different providers to find the one that best meets your business’s needs and budget. 100% of all merchants recieve their merchant account. With Go High Level you can easily capture new leads, build full-blown websites, and landing pages, drag & drop surveys and forms, plus online appointment setting. Ultimately, a high-risk ACH account. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. Majority of card processing providers consider it as high risk industry due to certain reasons. It gives merchants a unique login with order tracking, sales management, inventory, and payments. Some common industries considered high risk include: Online gaming; Adult entertainment; Telemarketing; Travel; Timeshares; Nutraceuticals; High-ticket items; The Pros of a High-Risk Account. We guide online casino businesses in establishing. As such, the primary factors that matter with a high-risk merchant account are processing history and industry reputation. Instant Approval. A merchant account allows businesses to accept credit and debit cards. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. A great adult payment solution has expertise in onboarding and maintaining accounts for your specific business model. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. At EMB, our high-risk merchant accounts are our primary focus, and our team of professionals have years of experience in tailoring solutions to meet businesses’ unique needs and address their biggest challenges. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. Setup Comprehensive Merchant Monitoring: One of the most important actions you can take to. Load Balancing. We assist people in any kind of business in any part of the world. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. In order to get and maintain good standing with your service provider, you must meet. Related: A complete guide to choose the best high-risk merchant account. So, if you are in requirement of a high-risk merchant account Europe (Albania. When you are ready to apply for a merchant account, turn to eMerchantBroker. FYI – GBO is a premier payment solution provider for online casinos. Overdue payments and bills. High chargeback ratios. Affiliate Payment and Trading Services. Below is a list of the top 10 biggest high risk merchant account industries. The resources available within the FCAC is quite extensive as they endeavor to give merchants the best possible start with choosing the right merchant account provider for their business. 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. The digital gaming businesses. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. Call 855¬-267-8472 for an assessment today!An in depth explanation what an online gaming and casino merchant account, who the best high risk merchant account provider is and how to get approved fast! Login; Get Started! (800) 993-6300. These online merchants can have an extremely tough time finding a high-risk merchant account. In 2019, merchants will need to remain vigilant in not allowing their. Again, adult entertainment account and payment processing rates fluctuate with season. It allows merchants to seamlessly accept a high volume of transactions (and large amounts) at a rapid pace. facebook. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. High-integrity Risk Financial Trading Platforms (card-absent) MCC 5966. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. Online Gambling Merchant Services. With more merchant account providers stepping in to remedy the lack of trustworthy and honest providers, high risk businesses. Stricter terms. These industries typically include online gaming, #adult entertainment, #pharmaceuticals, travel and tourism, and debt collection,. S. National Processing: Best For Clover Processing Hardware. To avoiding put merchant accounts in jeopardy, businesses must work to. Moving companies. This is especially important for merchants that work exclusively with online and telephone products and services. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Banks do this because they may become liable for charge backs or fraud made against a business. Therefore, you need a high-risk merchant account for your high-risk business. Search for a provider with extensive experience serving the online gambling industry. Though they flagged my business as high risk and outsourced me to one of their partners who offers high risk merchant accounts for businesses like mine. 7995 is classified as a high-risk business. Low-Risk Merchant Accounts. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high risk. 5 percent. Considerations When Looking for a High-Risk Merchant Account . They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. linkedin. Having a gaming merchant account can be beneficial for online gaming businesses, but it's important to be aware of the potential risks involved. Businesses should expect to pay 2% over the cost of traditional merchant accounts, while also anticipating 18-month contracts. Merchants can receive real-time alerts for all chargebacks lodged. But companies like PaymentCloud can help you find competitive processing rates. The original risk factors are gaming and gambling. For example, ecommerce brands can expect to pay 4% per transaction while dating sites are looking at 6% and IT support 10%. And it is a primary truth of the payment industry. Small Business. eMerchantBroker (EMB): EMB stands out as another leading high-risk and one of the best merchant account services provider in 2023. Why online gaming merchant account is considered high-risk. 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. Services to high-risk business owners are comparatively expansive than low-risk businesses. You can look for a secure way-out for your industry without a hassle once you connect with Amald. Our gateway partners like NMI and Authorize. Online gambling is popularly known as gaming in the merchant service industry. One problem the online gambling and casino industry faces is obtaining a merchant account, as acquirers are seldom willing to work with them, given the high-risk nature of their business. Having a high risk merchant account simplifies and streamlines your high risk processing needs. Your High risk merchant source! Lowest rates guaranteed and fastest service. Dating. It is a type of bank account applied for by a merchant for the purpose of facilitating the transfer of funds from a paying client’s credit card into the merchant’s bank account. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. Using the best high-risk credit card processing goes far beyond just the setup. Choosing the Right High-Risk Merchant Processor. Manage one-time and recurring billing so members can auto-pay on a set schedule. The company has a positive reputation for transparent customer service and reliable support. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. There are many reasons why a business may be considered high risk. Merchant Stronghold specializes in high risk and offshore merchant accounts. 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. 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. For more than 20 years, PaynetSecure has provided merchant services to companies in the US and throughout the world. This year, the world’s two largest gaming regions, North America and Asia Pacific, are expected to account for 78% of global revenues. Is Online Gaming Merchant Consider High-risk? Online gaming merchant is considered high-risk by most of the acquiring bank. With our services, bank-to-bank transfers have never been easier. Healthcare. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. They games deal with many, low-cost transactions that need to be approved in real time, so it does not ruin games for players. 3) Industry is considered low-risk, such as retail. Increased. Instead, find an excellent high-risk merchant account processor such that of Allied Payments. 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. Authorize. We offer point-of-sale systems and payment gateways that are fully integrated. It is only via a high-risk merchant account that a merchant can process credit and debit card transactions online. Getting a gaming merchant account in Bulgaria can take a lot of work for the. com understands the many challenges tobacco businesses face. This. 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. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. When searching for a high-risk merchant account, processing limits are a crucial factor to take into account. With Go High Level you can easily capture new leads, build full-blown websites, and landing pages, drag & drop surveys and forms, plus online appointment setting. With the growing rate at which cyber crimes occur, locating a high-risk account provider that processes all transactions safely is vital. However, with high risk does come high reward. MOTO Merchant Account. Intangible product. Higher chargeback fees for every chargeback. High-risk businesses are rarely served by ordinary merchant account providers. 1) Online payments where the purchase is made via the Internet and not at a physical store. Best high-risk Merchant Accounts for online businesses . 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. Following these steps will help you manage your merchant account well: 1. Payment service provider Content- Hi! My name is Martina. High Risk Payment Gateways offers Nutra merchant accounts for an extensive collection of sub-industries related to nutraceuticals, including: dietary supplements, food additives. Consider the following services EMB offers: Merchant Accounts. We make High Risk Easy. Stax: Best for avoiding transaction fees. In the gaming industry, customers may dispute or reverse their transactions due to various reasons such as dissatisfaction with the game outcome or. GetPayment is at the forefront of the industry when it comes to offering merchant accounts for casinos and online gaming. 4% for mid-risk transactions. This process will likely take the longest, and there is nothing to do but wait to hear about an approval or denial. 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. Why do you need a high risk gaming merchant account? Gaming businesses need to have the proper payment solutions for their customers. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. gaming merchant account. High-Risk Merchant Accounts. Low Credit Score, you are considered a high risk merchant if your credit score is low as there are possibilities that you find it hard to repay your negative balance. 95%. Online Casino Merchant Account; Online Gaming Merchant Account; Online Pharmacy Merchant Account;. Your social gaming merchant account may be able to accept payments in the world’s most popular currencies. Some customers might join your gaming service or website for a bit and then leave. Click to continue reading gaming merchant account and high risk merchant account. This can be attributed to the growth in the online gambling space. Low-risk merchants. Our high risk payment processing expertise can help your legal gaming business acquire merchant accounts and protect those accounts from excessive fraud using proprietary. The Best Merchant Account Service Providers of 2023. Who We Are. As previously mentioned, some common billing methods, such as continuity building, is risky. Financial institutions and payment processors use. 9. 95%; 24/7 customer service; Gambling/Gaming Merchant Account Regulations. 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 . An online gaming merchant account is a business account used to process payments of the customers/players. High-risk merchant accounts typically charge higher fees and. Merchant Accounts for Curacao GamingA high-risk merchant account is a payment processing account for businesses considered high-risk by banks. Corepay: Best For Mail Order/Telephone Order Businesses. com offers. 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. Thankfully, there are specialized companies that cater to high-risk merchant accounts, perfectly suited for the gaming industry. Exempli gratia, e-commerce is counted among the high-risk. 2. 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. Your high-risk merchant account provider should offer personalized features to your business to best address the various obstacles that you encounter. We’re offering an online gaming merchant account. One major risk is the potential for chargebacks. 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. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. You’ll need a website for your business and the. A high-risk merchant account is specifically designed to cater to businesses that are considered high risk by #payment_processors and banks. 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. Gaming is the definition of high risk and high return. How to apply for a Gaming Merchant Account. A high-risk merchant account is an account that allows businesses to accept payments from customers who have a very high credit risk. Documents needed to open an online gaming merchant account. 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. The Allied payment gateway has an industry-leading 99. This account is offered by an acquirer, a bank that is ready to work with a high-risk. financial risk involved. and therefore banks are a bit leery to take on gun merchants. PaymentCloud: Best overall. High Risk Merchant Account Tobacco. Long-term contracts that only favor the payment processor. 3. This feature combined with the real-time processing feature results in merchant services that. These are important to look out for before giving green light to online gaming merchant accounts. More than 74% of consumers in this category were rejected for loans and credit. Be upfront about your policies. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. Published on May 22, 2023. 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. About; Agents; APPLY NOW; Sign Up with High Risk Solutions mediashrinx 2019-12-23T17:03:19+00:00. Fees. Since high risk businesses are more likely to experience chargebacks, they have to pay higher fees for the merchant services. A Forex merchant account is vital for a foreign business that accepts online payments. That figure sharply rises among consumers with poor credit. We are your credit card. It’s important to carefully research and compare different providers to find the one that best meets your business’s needs and budget. There are many laws that prevent online gambling that businesses have to abide by. Account Set-up: Merchant maintains two nodal. Apply Now. MLM. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. Online Gaming Merchant Account Services. The merchant account for online gaming setup is easy and has many benefits. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. 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. The underwriting process is complete and the business gets approved for the high risk merchant account. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. Why Choose TouchSuite for a High-Risk Merchant Account? Expertise in High-Risk Industries At TouchSuite, we understand the unique challenges faced by high-risk businesses. With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions –. Apply Now. High-risk Merchant Account Services. A high-risk merchant account can help businesses that are considered high risk to accept payments smoothly and securely. Many PSPs consider the same merchant services for every business type. high risk merchant account (139) high risk payment gateway (44) high risk processing (72) Independent Software Vеndоrѕ (2) International Merchant Account (13. High-risk merchant payment processors both understand the unique problems that a Forex merchant can experience and are also likely to be experienced in processing applications for high-risk trading. 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. Similar to most business services, the high-risk merchant account provider market is highly competitive. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. One of the essential parts of the setup process is getting a high-risk merchant account for. Fantasy sports and online gaming: 7995: Financial investments and securities: 6211: Firearms and accessories: 4214: Foreign exchange and currency exchange: 6050:. Merchants should have high-risk gaming merchant accounts to operate their gaming business profitably in Bulgaria. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. Similar to most business services, the high-risk merchant account provider market is highly competitive. Published on August 17, 2017. The 21st century has been marked by the dramatic rise of online gaming and digital goods, transforming them into multi-billion dollar industries. The reputation of the business, if the business is anytime previously known for dissatisfaction of costumers, transaction frauds, etc. This could include industries such as adult entertainment, online gambling, pharmaceuticals, or even e-commerce businesses with a history of chargebacks. High Risk Solutions offers merchant accounts for social gaming. 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. How EMB Helps You Succeed Establishing a high risk merchant account and high risk payment gateway with EMB, you get the opportunity to enjoy fast and secure payment processing. We work with a large, trusted network of acquiring. A High-Risk Merchant Account needs a payment processing solution for the generation of revenue. Monthly fee: $10 to $45. In-Store. Acquiring banks must assess the risk of each Merchant account before the agree to process credit card payments. Online gambling is commonly known as gaming within the merchant services industry. jakethad Feb 20, 2007 9:36 AM Your High risk merchant source! Lowest rates guaranteed and fastest service. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. 1% for low-risk transactions. 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. As a result, trust and customer loyalty improve and, in turn, brings. In-Store. After the application is submitted, it will go through the underwriting process. A high-risk merchant account means payment processors and card networks view the company as being more likely to default on its payments, suffer high levels of chargebacks, or even commit fraud. 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. 805. Getting rid of all scams and chargebacks is now easy with our services. As long as your chargeback rate is below 3%, emerchantbroker. 1% for low-risk transactions. Payment processing fees: 2% to 3. In many cases, simply improving customer service drastically reduces returns, chargebacks and customer. So, why is this the case? 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 credit/debit cards and ACH transfers. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost. To locate the best possible provider for your business, you must perform sufficient research and locate the best possible service for your needs. 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. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. 2. The almost real-time nature of these transactions makes it more difficult to catch fraudsters before it’s too late. The Benefits of High-Risk Merchant Accounts: 1. With an online gaming merchant account, your firm will. Many people find WooCommerce is the provider that best meets their business’s needs. MCC 6211. High-risk businesses are typically those that are new, have a history of credit problems, or operate in an industry that is considered. Secure your business with a high-risk payment gateway. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. financial risk involved. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. PayCly is a pioneer in online high-risk merchant account services in Singapore. High-Risk Merchant Accounts in Europe for Online Business. “ Few mainstream banks are willing to allow their customers to run online gambling business accounts due. A typical issue in a gaming merchant. Credit card associations have set up rules dictating merchants in specific high-risk MCC codes to pre-register with these associations to ensure monitoring of risks. Host Merchant Services: Best for large high-risk businesses. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. E-Gaming Merchant Accounts. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. Approvals typically take less than 3-5 days! High Risk Credit Card Processing. Luckily, there are several high risk. 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. #1 PaymentCloud Strong Reputation For Fast Approvals. 4 min read · Feb 25Gaming Industry Merchant Services. The global online gambling and gaming industry is on a winning streak, with its value set to reach $1 trillion by 2021. National Processing. 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. More importantly, Easy Pay Direct would love to play it’s part in helping you achieve your goals and service your consumers smoothly. Less or no credit processing history also raises your risk profile Looking For Right Processor. In 2016, global e-retail sales accounted for 1. Today, high risk merchant accounts are classified as high risk due to several. Finding a reputable and trustworthy high-risk merchant account provider can be a challenge. High-Risk Merchant Accounts face several unique challenges, including: 1. Click any of the links above to begin comparing costs on merchant account services for your own business's. One problem the online gambling and casino industry faces is obtaining a merchant account, as acquirers are seldom willing to work with them, given the high-risk nature. These merchants can have a particularly hard time finding a high risk merchant account because a lot of payment processors refuse to participate in high risk processing. 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. It’s estimated 1. Why are online gambling, online gaming, and online casinos considered a high risk merchant account? What makes gambling or an online casino a high-risk business type is that the entire industry it’s heavily regulated in general. 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. High Risk. Payment service provider Content- Hi! My name is Martina. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and High Risk Merchants. Call Us Today (818)-825-7938 info@premieronepayments. 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. 000 euros. High Approval Rates. High-risk merchant accounts can vary due to industry specific requirements. We are a financial advisor delivering high-risk payment gateway solutions to businesses labeled as high-risk such as online gaming, tobacco, adult services, etc. Because of the legality issues and the high chargeback ratio of many online casino and gaming platforms, these accounts are considered to be high risk. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. net, give you access to information regarding your new account. Determine the services you require: Ask yourself which payment card network you will be accepting payments from. A high-risk merchant account can have a rolling reserve feature to protect against chargebacks or fraud. Online casino and gaming merchant accounts from Leap Payments are available for companies in the following industries: Digital Games. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. You can also contact us online. If you run a compliant gaming operation in a licensed territory then we will be able to help you with payment processing without question. Authorize. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Gun Friendly. 50% + $0. This special account is like the backbone of these companies. In any case, in the event that you operate in the high risk industry such as gaming and internet betting, you shouldn’t think you can’t secure a merchant account for your business. All the above-mentioned qualities of a top-class high-risk account are auto-integrated with our Singapore merchant account. Create an online gaming merchant account with us. Select A High Risk Merchant Account If an account has been opened under false pretenses or the business model is deemed high risk after the fact, expect the account to be closed. If you have all the documents and meet all the requirements, the next step is to file your application. Published Jan 18, 2023. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. Nutra Merchant Account. If your company is in need of a high risk merchant. Our experts at Salus Payments recommend trying to keep your chargeback ratio less than 0. Data shows that global online gaming traffic alone is expected to climb from 126 petabytes in 2016 to 568 petabytes in 2020, proving people plan to keep the games going. They are a payment processing and merchant services provider offering business funding, chargeback protection, check processing, merchant accounts,. Voted the #1 High Risk Merchant Account Services Provider in 2015, and 2016. As a kicker…. Gaming Merchant Accounts. EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB. There are tons of high-risk merchant services providers out there, so it’s. Best high risk merchant accounts at a glance. This expands. Contact a Leap. International Access. Majority of card processing providers consider it as high risk industry due to certain reasons. Gaming payment processing typically involves a. High-Risk Merchant Accounts in Europe for Online Business Forex, brokers, financial planning, strategy or consulting eGaming – online gaming, online casinos, bingo, sports, lottery etc e-Commerce low-risk to high-risk Gaming Tech Exporting services Tech ad Affiliates The options regarding setting up a company in one of these. net’s gateway also stores repeat customer payment information and even gives the merchant the ability to provide recurring billing. Due to this reason, most of the acquiring. While a fantasy merchant account is a necessity, many fantasy sports companies struggle to access payment processing. 9. Hardware: Quote-based. Reasons to Choose PaynetSecure for Online Gaming Merchant Account. Including individual transactions and batch totals with comprehensive reporting tools. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate. Gaming Merchant Account is the Best Solution for your Online Gaming BusinessesWhat You Need to Know About High-Risk Merchant Accounts. Create an online gaming merchant account with us. PayKings has the knowledge, experience, and expertise in high risk. We deliver high risk merchant accounts and payment processing solutions that help business owners thrive.