Merchants that are commonly referred to as high risk include travel, gaming, multi-level marketing companies, direct marketing, collection agencies, online dating, web-based pharmacies, and other eCommerce. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . A high-risk merchant account is a label your payment processor has given your business. The Allied payment gateway has an industry-leading 99. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Banks won’t onboard any business category that poses a high financial and reputational risk. Unfortunately I've never heard of this company before and couldn't find anything online. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money. 4. Online Gaming Merchant Account propose ideal payment solutions for gaming merchants As a growing and ever-growing. 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. 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. 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. Our wide network of associates enables our merchant account experts to find you a personalized credit card processing solution. Merchants can receive real-time alerts for all chargebacks lodged. Published on August 17, 2017. 4949 or get started here . High-Risk Merchant Accounts face several unique challenges, including: 1. When you accept credit card for online gaming business to be likely creating more sales for your online business website. An easy application process. Payment processors that offer high-risk merchant accounts understand the unique challenges faced by high-risk merchants, such as an increased likelihood of chargebacks or fraud. linkedin. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options,. 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. High-risk merchant accounts are for organizations with a history of chargebacks, fraud, or poor customer service. There are tons of high-risk merchant services providers out there, so it’s. net to use them as payment processor. Credit card. 1. When a business obtains a high-volume merchant account, they must be able to accept credit card payments from customers. A high risk merchant has been classified by the banks as belonging to an industry that has above average chargeback rates and instances of fraud. A gaming merchant account is a bank account that lets you accept payments from customers using credit cards or debit cards. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. The digital gaming businesses usually have a high volume of turnover. Generally, a merchant account is to a payment processor already on the website or application. Start Accepting Credit Cards in as little as 1 Business Day!The online gaming industry is ripe for fraud. 5% - 5%. Subscription “negative option” merchants (card-absent) MCC 5993. If you run a compliant gaming operation in a licensed territory then we will be able to help you with payment processing without question. However, with high risk does come high reward. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. As long as your chargeback rate is below 3%, emerchantbroker. With over a 95. The label of high-risk merchant. A high risk merchant account is a type of bank account that allows a business to accept credit card payments, even if it operates in an industry that is considered to be high risk. Approval. It often means tougher-than-usual terms and higher fees than low-risk accounts. Gaming is the definition of high risk and high return. Contact a Leap. 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. This pricing is very good in the high-risk processing world. Merchant Services; High Risk Merchant Accounts; POS System for Small Businesses; Mobile Credit Card Processing for Small Businesses; Industries; Net 30. All they want is to avoid the risk. Online gaming merchant account demand has been on the rise over the recent few years. For businesses that are deemed to be high risk for a variety of reasons, such as having. We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. With our services, bank-to-bank transfers have never been easier. There are troves of benefits that come along with having. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. 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. Table Games and Poker. Determine the services you require: Ask yourself which payment card network you will be accepting payments from. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. info@eskaypay. A payment processing platform may label you as high-risk for a variety of reasons. Account Set-up: Merchant maintains two nodal. 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. High-risk businesses are no strangers to the unique challenges posed by the ever-evolving e-commerce landscape. We will also help you setup with bank, broker and FX solutions for end to end payment solutions for your business. Locate the account application form/page. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. Merchant account providers like banks and third-party payment processing companies typically set higher fees and stricter limits for high-risk businesses as a way to protect themselves in case of an. Issuu Store. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. Protect high-risk and adult gaming transactions with comprehensive fraud management. You’ll need a website for your business and the. Healthcare. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Related: A complete guide to choose the best high-risk merchant account. Secure your business with a high-risk payment gateway. 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. Businesses should expect to pay 2% over the cost of traditional merchant accounts, while also anticipating 18-month contracts. A high-risk merchant account is specifically designed to cater to businesses that are considered high risk by #payment_processors and banks. Segpay Carat Online Gaming Merchant Account Services As one of the most popular high-risk payment processors in the world, Segpay leads the way in online gaming credit card processing. If you observe an online gaming merchant account or online gaming payment gateway solution, EskayPay can make business operations a lot. Including individual transactions and batch totals with comprehensive reporting tools. 6. eMerchantBroker (EMB): EMB stands out as another leading high-risk and one of the best merchant account services provider in 2023. Firearms & ammo. The terms of the contract may vary from provider to provider, but at the core of the agreement, they are covering their bases. Online gaming and casino companies present several difficulties for. 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. Gaming merchants should deal with. Solution: If you sell online, you must understand and utilize best practices to minimize fraud. Small Business. You can even create follow-up campaigns and offer 2. 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. These accounts are ideal for businesses that offer online gaming services, such as casinos, sports betting, fantasy sports, and more. Payment service provider Content- Hi! My name is Martina. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. Ultimately, a high-risk ACH account. This special account is like the backbone of these companies. Business must process at least $100,000 per month to be eligible for a high-volume merchant. We’re offering an online gaming merchant account. Gaming is the definition of high risk and high return. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. Increased. These online merchants can have an extremely tough time finding a high-risk merchant account. WebPays has high-risk merchant account solutions for nearly any high-risk merchant. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. Majority of card processing providers consider it as high risk industry due to certain reasons. An online tobacco merchant account provides customized payment processing solutions, along with chargeback management tools. They games deal with many, low-cost transactions that need to be approved in real time, so it does not ruin games for players. 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. 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. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. 8% approval ratio. You do this by opening a merchant account. In-Store. 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. If you do happen to receive the high-risk classification, here are the likely consequences to keep in mind: Higher fees for every transaction. PayKings has the knowledge, experience, and expertise in high risk. Online gaming is one of the most popular high risk merchant accounts. This has allowed us to offer gaming merchant account and gaming payment processing services. 2) High chargeback ratio. It often means tougher-than-usual terms and higher fees than low-risk accounts. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. As a result, trust and customer loyalty improve and, in turn, brings. High-risk merchant accounts are for businesses that are worried about fraud or chargebacks. Since the COVID-19 lockdown, interest in o. Restaurant. Merchants Will Need to Improve Fraud Management Strategies. Contact us now by dialing 1 (727) 330-3944 to be approved for your business and merchant account . They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. ” This is related to the causes we list below. We offer point-of-sale systems and payment gateways that are fully integrated. Eliminate chargebacks, which means more money for you. This credit card processing option enables you to succeed. How High Risk Merchants Can. EMB specializes in all industries that are considered high risk. Square: Best overall. 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. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. 6% plus 10 cents, while the fee for a high-risk account might be 2. Getting rid of all scams and chargebacks is now easy with our services. These transactions typically occur in industries with a history of chargebacks, fraud, legal complications, or regulatory challenges. These are important to look out for before giving green light to online gaming merchant accounts. Online gambling is popularly known as gaming in the merchant service industry. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. Our tools have been designed with business owners in mind, and our goal is to assist growing high risk businesses to reach the next level of success. Merchant Accounts for Curacao GamingA high-risk merchant account is specifically designed to cater to businesses that are considered high risk by #payment_processors and banks. These industries typically include online gaming, #adult entertainment, #pharmaceuticals, travel and tourism, and debt collection,. For example, ecommerce brands can expect to pay 4% per transaction while dating sites are looking at 6% and IT support 10%. This will allow you to continue doing business even in high-risk markets. It gives merchants a unique login with order tracking, sales management, inventory, and payments. We like to think of it as “High Priority”. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and High Risk Merchants. Hardware: Quote-based. Lenders. As a result, nationwide online gaming is categorized as high risk. At Corepay, we proceed with caution when it comes to this industry. net’s gateway also stores repeat customer payment information and even gives the merchant the ability to provide recurring billing. Credit card. Outbound Telemarketing (card-absent) MCC 5968. Consider the following services EMB offers: Merchant Accounts. Healthcare. 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. Secure your business with a high-risk payment gateway. Online Gaming Merchant Account - HighRisk Gateways : u/highriskgateways What is this? An online gaming merchant account is a customized merchant service that helps in. Because this account is used for riskier business, it has more security. The bank then sends the information to the card issuer. 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. 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. Again, adult entertainment account and payment processing rates fluctuate with season. The gaming industry is a fast-growing industry and has enormous potential growth shortly with the evolution of technology and so the gaming. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. 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. EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB. Payment Gateway for Adult Merchants. We will also help you setup with bank, broker and FX solutions for end to end payment solutions for your business. S. 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. Merchant Accounts for Curacao GamingA high-risk merchant account is a payment processing account for businesses considered high-risk by banks. 805. In-Store. Majority of card processing providers consider it as high risk industry due to certain reasons. Whether you operate in industries like adult products, CBD, or online gaming, finding the best merchant account services that are reliable and secure is paramount to your success. In the gaming industry, customers may dispute or reverse their transactions due to various reasons such as dissatisfaction with the game outcome or. #1 PaymentCloud Strong Reputation For Fast Approvals. Again, adult entertainment account and payment processing rates fluctuate with season. EMB works with businesses that have poor credit histories, prior bankruptcies, and tax liens. 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. Each Certified Payment Specialists have “been there and done that” hundreds - or thousands of times. They are a payment processing and merchant services provider offering business funding, chargeback protection, check processing, merchant accounts,. Property Management. 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. they will also require an online casino and gaming merchant account to process payments for guests to be able to purchase. 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. WorldPay – Best for set monthly fees and regular payouts. Stripe: Best for owners of multiple businesses and brands. The Best Merchant Account Service Providers of 2023. As long as your chargeback rate is below 3%, emerchantbroker. high risk merchant account. One major risk is the potential for chargebacks. 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. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. These…If you are running any type of gaming or gambling business. Durango Merchant Services: Best For Offshore Merchants. 3% to 3. Merchant account providers can add their own characteristics to the list, but here are a few that will characterize your business as high-risk: $20,000 or more in monthly sales. The gaming business merchants proffer all kinds of gambling in the form of casinos, sports wagering, online poker, online bingo and. If you are a legally licensed merchant who owns an online casino or online gaming website. Having a gaming merchant account can be beneficial for online gaming businesses, but it's important to be aware of the potential risks involved. Using the best high-risk credit card processing goes far beyond just the setup. Or check it out in the app stores Home; PopularThis is where online gaming merchant accounts come in. com accounts is their high approval rates. 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. Step 1: A customer buys a product or service either online or in-store. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. The reason for this is that the risk of fraud and chargebacks has grown, and as a result, the rates per transaction have risen slightly. Begin accepting and processing debit and. It allows you to take credit card payments, handle more transactions, and keep your operations safe. The digital gaming businesses. 61 billion people worldwide purchased goods online in 2016. Each type has its benefits and limitations and can be an important part of a chargeback management system. Online gaming merchant account solutions here. The original risk factors are gaming and gambling. EMB is the #1 solution for high risk merchants, providing a quick and easy application process that gets your business up and running in less than 48 hours. Fees also vary by provider and in most cases, pricing is set individually for every merchant. 000 euros. High risk offshore merchant account is best applicable for online business that operate in high risk online business like e-commerce, gaming, it, marketing, etc. Why online gaming merchant account is considered high-risk. Gun Friendly. Also included are some valuable tips to decrease the risk associated with the online payment process. Low-Risk Merchant Accounts. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. MOTO Merchant Account. What is a High-risk Merchant Account? Oct 11, 2023 The Complete Guide to Online Credit Card Payment Processing Sep 30, 2023. This is especially important for merchants that work exclusively with online and telephone products and services. 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. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. Fraud Prevention: Choose processors equipped with. 2. Considerations When Looking for a High-Risk 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. Overall, the landscape of high risk eCommerce is undergoing constant changes all the time. Payment Gateways for Online Gaming. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. More than 74% of consumers in this category were rejected for loans and credit. We specialize in approving high-risk merchant accounts, providing you with the necessary services to effectively operate your eCommerce business. When your business has been labeled a high-risk merchant account, you will almost always pay higher processing fees. Increased. 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. As experts in challenging and hard-to-place merchants applying for payment processing, we’re here to get your business pre-qualified and approved with a high risk merchant account and the best US and International banking solutions catered specifically to your business needs. A merchant account allows businesses to accept credit and debit cards. BankCard USA specializes in game-changing credit card processing solutions for merchants considered high risk. 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. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. If you’re interested in high risk payment processing, consider turning to EMB, the #1 high. Over the past 18 years, the company has successfully provided proven, reliable. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. The reasons are as follows: Online gambling businesses feature a high-volume turnover; Most gaming businesses are based offshoreIf you are a businessman, you can look for secure payouts through a high-risk gateway process. Gspay. PaynetSecure specializes in high volume & high risk merchant services. PaymentCloud: Best overall. 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. As we settle into the new year, let us talk about the top 8 high risk industry trends for 2019. You can attract players from all over the world, and accept payments in US dollars, British pounds, euros, and more. Look for processors that offer: Experience: Opt for providers with a proven track record in handling high-risk industries. Because this account is used for riskier business, it has more security. Not every online gaming platform can be considered high risk, as your area, the volume of your company and the risks it attracts make you a high risk brand. Reasons to Choose PaynetSecure for Online Gaming Merchant Account. High-risk businesses are typically those that are new, have a history of credit problems, or operate in an industry that is considered. Salons. The almost real-time nature of these transactions makes it more difficult to catch fraudsters before it’s too late. You can also contact us online. This includes CBD and Kratom businesses. Due to specific regulations and restrictions in certain states, online gaming is often classified as a high-risk venture. These industries include online gaming, adult entertainment, cryptocurrency. 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. Low-risk merchants. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. Paypound is a renowned payment. It is possible for the bank to place a rolling reserve. 1. Getting a gaming merchant account in Bulgaria can take a lot of work for the. Nonprofits. A high-risk merchant account is a payment processing service that is provided for businesses that financial institutions have categorized as riskier than standard merchant accounts. Some of the high risk industries they have worked with include: tech support, gaming, e-cigarettes, adult entertainment, nutraceuticals, gambling, and airlines, among others. if you’re interested in working with us, you can start your EMAP application below or call us at: (800) 805-4949 | Get Set-up with a Merchant Account ». Avoid Chargeback. The players feel insecure for many reasons, but with the presence of well-equipped high-risk merchant accounts, it is simpler now to provide better safety to the players. Stricter terms. Invoicing and. Since high risk businesses are more likely to experience chargebacks, they have to pay higher fees for the merchant services. eBay claims that no payment details were compromised but 145 million records containing personal information including addresses, email addresses, and encrypted passwords were stolen. The gaming industry has high. Gaming Merchant Account From EMB. iPad. Online High Risk Merchant Account for Gaming Business. 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. On other side of that coin, standard banks do not underwrite these accounts. High-risk merchant account let businesses avoid credit card processing fees. We make High Risk Easy. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost. 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. Purchase your next favourite publicationEMB promises an open and honest application process, with as little as a 24-hour wait to be approved for a high risk merchant account. Contact. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. In the industry of gaming, a merchant account is essential. 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. All the above-mentioned qualities of a top-class high-risk account are auto-integrated with our Singapore merchant account. Fantasy Sports is Considered a High-Risk Business. facebook. Gaming Merchant Accounts. Being labeled “high risk” should not signal the end of a high risk business. 500’s Fastest Growing Companies of 2016. There are several criteria to determine the risk level of a business: high transaction volume, international payment (geographic location. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. By Ron Mendelson, Fast Offshore Founding Partner "Applying for a high-risk merchant account can be one of the most complex parts of the setup process, on a par with acquiring the online gaming license itself," Ron Mendelson says. Navigating High-Risk Credit Card Companies in 2023. National Processing. How to apply for a Gaming Merchant Account. Scan this QR code to download the app now. High-risk businesses typically operate in industries that are prone to chargebacks, fraud, and legal and regulatory complications, such as online gambling, adult entertainment, nutraceuticals, and e. Whether it is about increasing your sales or generating revenues, we are there to help with our experienced team. Gaming Merchant Account is the Best Solution for your Online Gaming BusinessesWhat You Need to Know About High-Risk Merchant Accounts. Having a gaming merchant account can be beneficial for online gaming businesses, but it's important to be aware of the potential risks involved. Payment Processing for Gaming Merchants Jun 29, 2023. 95%; 24/7 customer service; Gambling/Gaming Merchant Account Regulations. Monthly fee: $10 to $45. 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. A classic example of a high-risk online business is e-Gaming. 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. As a kicker…. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. National Processing: Best For Clover Processing Hardware. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options, eMerchantBroker. 1) Brick-and-mortar businesses where the credit card is physically presented. Online gambling is commonly known as gaming within the merchant services industry. Specializing in high risk merchant services, Instabill has been providing e-commerce businesses with a wide range of credit card processing solutions for more than a decade. Description. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. It’s important to carefully research and compare different providers to find the one that best meets your business’s needs and budget. Getting rid of all scams and chargebacks is now easy with our services. The gaming industry is considered high risk because it presents a higher risk to the underwriter. Despite these challenges, businesses need not. High-risk merchant accounts are for businesses that have a high rate of a chargeback, legal issues, or other problems that increase the likelihood of nonpayment for products or services rendered. You can also contact us online. Payment Processing for Gaming Merchants Jun 29, 2023. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. 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. banks and financial service providers deny working with this industry. In the recent years, alternative payment processors like emerchantbroker. Online gaming is a high-risk business, so the high-risk business merchant needs a high-risk gaming merchant account for safe and secure payment transactions. However, before you are able to do that, your first mission,. 9. Yet, these sectors are often labeled "high-risk" due to a variety of factors such as regulatory concerns, chargebacks, and fraudulent activities. The merchant account for online gamers is a high-risk merchant account. One of the primary advantages of highriskpay. Emerchantbroker. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. This expands. Considerations When Looking for a High-Risk Merchant Account . To locate the best possible provider for your business, you must perform sufficient research and locate the best possible service for your needs. Cybersecurity is the practice of protecting computer systems, business accounts, networks, and sensitive information from unauthorized access, theft, damage,. net offers high-risk merchants all the tools for high-risk payment processing. High volume solutions: load balancing gateways and multiple MIDS. 1% for low-risk transactions. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. Basically, it's just like a regular merchant service, but for the gaming. 9 trillion US dollars.