1. Why online gaming merchant account is considered high-risk. Similar to most business services, the high-risk merchant account provider market is highly competitive. Online gaming is divided into several parts like Casino, Gambling, Fantasy Sport, etc. Below is a list of the top 10 biggest high risk merchant account industries. Regulation is one reason a gaming operator is a high-risk merchant. Overdue payments and bills. com Home; About Us; Categories. Let Humboldt offer your. Knowing that is how things stand, it is best to not waste time seeking partnerships with standard, low-risk. Some customers might join your gaming service or website for a bit and then leave. For the last two decades, internet marketing has been a profitable venture for tech savvy entrepreneurs. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online. By utilizing a third-party processor, the merchant is able. The gaming industry is a fast-growing industry and has enormous potential growth shortly with the evolution of technology and so the gaming industry. Fees also vary by provider and in most cases, pricing is set individually for every merchant. The account is arranged by a payment service provider which works as a mediator between the acquirer bank and the business. Our high-risk merchant account service is exactly what. Getting a smoke shop merchant account requires careful consideration of several key factors. The digital gaming businesses usually have a high volume of turnover. National Processing: Best For Clover Processing Hardware. There is a lot of speed, convenience and security with the use of these plastics for transactions. At last, we also learn some benefits and drawbacks of using a high. It happened to be that, this account has become viral since the online gaming merchantInstabill provides adult credit card processing solutions to both startups and existing businesses. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Online Gaming & Casinos; Multilevel Marketing; Bad Credit Merchant Accounts; Moving & Transportation; TMF Merchants; Jet Charters; Educational & Seminars; Online Firearm Sales; Online Ticketing Sales; Debt Consolidators; Bail Bonds; Online Furniture Sales; Calling Cards; Travel & Timeshares; High-Ticket Accounts;. If you're in the online gaming business, Double Helix Processing can help you get the right merchant account you need. 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. The data breach incident sold customer details for £1 each in this scam. Talk to our representatives right away to discuss your options. Payline Data provides merchant accounts with interchange-plus pricing. And it is a primary truth of the payment industry. com Home; About Us; Categories. The online casino industry is well-known as online gaming in the merchant service industry. The pros of a high-risk merchant account for Shopify. This year, the world’s two largest gaming regions, North America and Asia Pacific, are expected to account for 78% of global revenues. It makes banks classify them as high-risk, and you can learn more about the meaning and consequences of having a high-risk business in this article. Friendly & Professional. Bitcoin was leading what many thought of as a digital currency. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. Online gaming merchant. Because of high risks involved, online tobacco stores face many obstacles. See full list on forbes. It has several beneficial features that run to complete operations faster. There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. It is a personalized payment gateway that is fast and secure and offers all the services. Thus,. While a fantasy merchant account is a necessity, many fantasy sports companies struggle to access payment processing. The two highest-risk accounts are online gaming and adult material. Online Gaming Digital Goods. We’re offering an online gaming merchant account. Travel Merchant Accounts. With a full application package, gaming merchants can start processing payments in as soon as 24 hours. Setup your Gateway Today! 1 2. This can be damaging to any consumer, and merchants, as credit reports typically list any loan or credit card inquiry. Several businesses may need a high-risk merchant account to process credit cards. Account funding, stored-value card purchases, and prepaid loans (non-financial institution) 6540. Having an online gaming merchant account high-risk is absolutely necessary if you operate an online gaming company with a high rate of chargebacks. A new study by Experian shows that this generation has an average of $111,121 per person. 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. Beyond that, EMB can also set up a fraud filter for your online payments. com can help you get your business the proper credit card processing account. Extensive Banking Network. These transactions tend to involve large sums of money, unfamiliar parties, or certain industries notorious for illicit activities such as online gambling, adult entertainment, and. Gaming businesses are starting to understand the benefits of finding a reliable high-risk payment processor, and the sector is poised for further expansion. This ensures compliance with legal regulations and minimizes the risk of account termination. 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. For starters, they provide a higher level of protection for businesses that require greater levels of payment security. An online gaming merchant account is a customized merchant service that helps in online money collection. From merchant accounts to payment gateways, from ACH processing to chargeback prevention. These constraints pose difficulties to the ownership of a gaming merchant account. However, the sector’s influence extends far beyond dollars; it has shaped broader social, cultural, and business trends and established a path for companies to. To avoiding put merchant accounts in jeopardy, businesses must work to. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. On top of that, they sport a credit score of only (718), while Baby Boomers average about $101,951 worth of debt and rock a credit score (782). To complete the application process, you’ll need to provide various identification and paperwork. Moreover, a high amount of money is involved in the transactions. We help companies who need to acquire an online gaming merchant account and run a sustainable business. Small businesses are on every city square in America. Are you a business owner in a High- risk industry? If so, you may be wondering how you can secure payment processing services to keep your business running. Also to give the most successful transaction results. Whether you are a seller online or have a smoke shop somewhere across the country, your profits have gone through the roof. WebPays is a full-stack payment processor and offers numerous payment solutions, such as merchant accounts, high-risk merchant. But there are some surprising businesses that fall into the high-risk category. Merchant Services; High Risk Merchant Accounts; POS System for Small Businesses; Mobile Credit Card Processing for Small Businesses; Industries; Net 30. Although the gaming industry may be considered high risk, you can still find a great credit card processing solution. To do so, your business will need a merchant account. 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. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa,. The High-Risk Gaming Industry. Our system has reporting tools and channels to aid in-house solution. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. In time, they will likely become more. This means that they will usually decline to provide a merchant account to gaming businesses, and if they do, the rates they charge will be higher. In addition, there are other risk factors that cause banks to avoid. The gambling industry has seen a boom over the past few years. Many traditional, conservative banks and credit card processors are frightened of doing business with this high risk account because of the potential for chargebacks and credit card fraud. The good news is that if your bank deems you “high risk,” they will not hide it from you. Have you heard about the huge scandal at Wells Fargo?Well, it’s huge – in fact, millions of fake accounts huge. There are many laws that prevent online gambling that businesses have to abide by. Gaming Merchant Account. Get processing. But there are some surprising businesses that fall into the high-risk category. While online gambling is now highly regulated and organised, some financial institutions. Merchants trading in online gaming requires an online gaming merchant account. Laws differ between countries and states regarding what is legal in iGaming, but they are difficult to enforce due to the nature of the online environment. Below are tips for starting, and keeping, a successful tech support. 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. 6. Locate the account application form/page. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. You’ll need a website for your business and the. 2. We have solutions for all sorts of gaming businesses, whether gambling, casino, social gaming, etc. 3. There is a range of rules and regulations surrounding gambling and online gaming businesses. Check out customers. ; 99 percent approval for high-risk merchants, including those in the CBD, adult, online gaming, collections, nutraceutical 1. A classic example of a high-risk online business is e-Gaming. An online gaming merchant account has tremendous potential for online gamings, sports, and other skill games to maximize their benefit and guaranteed growth for the business. Visit the merchant account processor’s website. It will involve continuous management of systems to ensure a secure and seamless checkout process. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. High-risk merchant accounts are necessary for these industries. Merchants can get approved in as little as 24 hours. With a reliable gaming merchant account, online companies can make the most of their business. What Makes a Gambling Merchant Account High-Risk? Most banks consider gambling “high risk. A merchant account is a type of business bank account that allows you to safely process electronic payments like debit and credit cards both in-person and online. Chargeback Alerts. Strong descriptors that include a customer service phone number. Moving companies. Advantages and Limitations of Stripe as a Merchant Account Provider. And with lucrative benefits like large ticket processing. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. If you have all the documents and meet all the requirements, the next step is to file your application. Many merchant account providers do not understand the issues surrounding this industry and will provide a merchant account that will eventually be terminated, which is not only highly disruptive to any business, but it also makes it. Apply for a high risk merchant account in Malta today. Luckily, there are several high risk Merchants that need payment. I recently got approved by Authorize. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. A competitive payment processing fee for a standard retail small-business account might be 2. Nov 6, 2017 | High Risk, Merchant Accounts | 0 comments. Many PSPs consider the same merchant services for every business type. Internet gambling laws are murky in many regions and an increasing number of companies are registered offshore. sit in all of this? Despite being incredibly hesitant to embrace the. 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. Protect high-risk and adult gaming transactions with comprehensive fraud management. Tags: Adult Industry Articles chargebacks Direct Marketing EMB solutions Extended Warranty Services fraud High Risk Merchant Acccount high risk payment processing merchant services Multi Level Marketing Nutraceuticals. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming merchant account. We specialize in offering tailor-made gambling merchant accounts through our gambling payment gateway which is designed specifically to businesses within online gambling, online casinos, sports betting, and e-gaming. com accounts is their high approval rates. In this case, Online. Were you born to gamble? You know, always making bets. 7995 is classified as a high-risk business. 1. EMB offers merchants in Hong Kong end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, travel services, or telecom services. Unfortunately, this is a common scenario in online gaming, with the added risk of high volumes that are characterised by high tickets and the fact that many of these companies have virtual locations. Beyond that, EMB can also set up a fraud filter for your online payments. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. The most significant red flag for banks is the fact that a lot of these. Chargeback Alerts. With our services, bank-to-bank transfers have never been easier. ECS Payments can provide you with the best payment solutions for an online casinos merchant account, covering all different types of online gaming payment processing including: Lottery. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Our wide network of associates enables our merchant account experts to find you a personalized credit card processing solution. Our rates are competitive and affordable. Merchants can receive real-time alerts for all chargebacks lodged when. For this, the best option for small businesses is to look for outside funding. Click on the “account” buttons if you want to start filling out a free application. However, if you comply with the requirements and provide the correct documentation, the chances of having your gaming merchant account approved is extremely high. Many factors go into making e-Gaming a high-risk industry including chargeback disputes, complex legal issues, international clientele, risk of gambling addiction, and money laundering. 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off-track Betting, and Wagers). com | High Risk Payment Gateway, High Risk Gateway. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high. And with lucrative benefits like large ticket processing. 1% for low-risk transactions. Even though merchants also enjoy the same benefits as households when they use credit cards, a good majority are still. Fast approvals in 24 – 48 hours. This is where you will log in to your control panel. A business can be considered high risk for a number of reasons, including just being a new business without much traffic. The Importance of High Risk Merchant Accounts. As you may know, Internet gaming businesses are deemed as high risk, thus making it challenging for an online gaming merchant account to get approved for payment processing easily. Call us on (+44) 20 32862655 to get approvals, pre-approvals & expert advice. Also to give the most successful transaction results. The merchant account should also include a high. We provide the advanced merchant solution to high-risk businesses like online gaming. Online gaming companies must have a high risk gaming merchant account in order to accept card payments but maintaining a merchant account comes with a price. While today, online gambling is very well regulated and organized, some financial entities still believe that certain threats exist. This allows high risk businesses to accept credit card transactions and other types of online. Bonus abuse is a more basic scam closely linked to multiple account fraud. The prevalence of credit card processing providers evaluates it as a high-risk industry because of. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. One essential service that top merchant services offer is credit card processing. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. Those are required for the growth of your online business. High risk solutions. Luckily, companies that specialize in high risk merchant accounts are a perfect fit. Why do you need a high risk gaming merchant account? Gaming businesses need to have the proper payment solutions for their customers. DHL only began delivering. The Subscription boxes are regarded as at high risk in the merchant account. Email Customer Service. 6% plus 10 cents, while the fee for a high-risk account might be 2. Now! If you’re cleared about a high-risk payment gateway we shall move to the next part is an online gaming merchant account. Monthly fee: $10 to $45. In fact, some industries are deemed unsafe altogether. The first step is identifying your exact vertical. High-risk merchant accounts offer a range of benefits to merchants who use Shopify as their platform of choice. – Pre-recorded Videos. Note that online gaming may be considered high risk due to the high volume turnover and the industry's background. Sell online or in person. EMB has consistently proven to be THE BEST at what it does. 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. If you are handy with techie gear, or are just looking for a new business venture, tech support operations are a great investment. 2. 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. It’s tabbed as high risk by most card processing providers. As you know, gaming businesses are high-risk and quite prone to chargebacks, so working on some solutions is necessary. Every engagement on an online gaming merchant's website necessitates the use of a High-Risk Merchant Account. Therefore, it’s crucial to. When a merchant application is submitted, the payment processor. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. Hardware: Quote-based. Stricter terms. Payment processing fees: 2% to 3. In most card-present or CP chargebacks, issuing banks bear the responsibility to repay cardholders. Despite this overwhelming number, there is some encouragement in that this number has decreased by 3% from the 13. To begin the process, you can apply online for a fantasy sports merchant account. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. High-risk businesses should anticipate having to pay higher costs for rates and fees associated with payment services. The online casino industry is well-known as online gaming in the merchant service industry. Instead,. Although the gaming industry may be considered high risk, you can still find a great credit card processing solution. Additionally, you will receive a detailed fee schedule for all your transactions. Though DHL’s e-commerce division closes on April 12, the delivery company plans to keeps its other package delivery hubs running in the country. We…With the proliferation of high-risk verticals entering the marketing place, more merchant account providers have opened their doors to serve the needs of the growing number of high-risk merchants. Instabill’s high risk merchant accounts are established with offshore acquiring banks that are eager to work with dedicated, hard-working merchants. 14 trillion by 2020. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. What makes an Online Gaming Merchant Account? The online gambling industry has operated in legal limbo for years, though the grey area has become smaller. In the recent years, alternative payment processors like emerchantbroker. Easy to find contact information on the Website, receipt, and packing slips. Negative bank account. Credit card. The finest investment an online gaming business can make is to look for a high-risk merchant account that is reliable and trustworthy to process payments safely. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. e. High Risk Payment Gateways offers Nutra merchant accounts for an extensive collection of sub-industries related to nutraceuticals, including: dietary supplements, food additives. The original risk factors are gaming and gambling. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. In the last ten years, the gaming industry has grown a lot, and there are many ways to make money by selling popular games or other products. 1. Thanks to the power of online technology, online casinos have been able to prosper in recent years, giving casino business owners new opportunities to expand into the digital world and offer. Thus,. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. There… Actual games and tables monitoring; High Risk. PayKings Provides Online Gaming Merchant Accounts. But with us, you won’t need to be troubled. There are several type of fees attached to accommodate to the financial loss from the Acquirers. 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. ” This is related to the causes we list below. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. Nonetheless, we have a high endorsement rate for high risk merchants and offer. Bail bondsmen need a high risk specialist to open their bail bond merchant accounts. Browse short-form content that's perfect for a quick read. Nutraceuticals are tricky businesses to find merchant accounts for due to lack of health regularization by the government. These industries include online gaming, adult entertainment, cryptocurrency. A high-risk merchant account is among the favorite targets of fraudsters for a data breach. Secure high-risk merchant accounts for online gaming and credit repair. Both the owners of painting businesses and independent painters may work with clients who would prefer paying them via credit cards. The majority of online gambling sites are based offshore. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. 3% to 3. Low-risk merchants. It helps merchants to achieve their goals. Fees and Costs: Understand the fee. This industry is highly regulated to protect players from major financial distress. Chargebacks plague penny auction merchant accounts with a determination that can be described as dogged. . A flat-rate pricing structure is offered by Stripe:As a high-risk merchant account provider, we can help you get credit card transactions processed online in no time. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions. 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 an account that allows businesses to accept payments from customers who have a very high credit risk. The vast majority of banks who are giving them a credit line consider this factor high. We at MallFine specialize in providing hall legal bankcards and high risk merchant accounts and other payment processing. com have become highly popular. The merchants are regarded as high-risk merchants by the acquiring bank. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. In-gaming Restrictions. About Us; High Risk Merchant Accounts; Solutions. The pre-screening process occurs in the early stages when the PSP learns a little bit more about the new merchant. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. Persistent, well connected, and socially active business owners manage to successfully connect with their customers and other businesses on a daily basis. The valuation of active players also reached 2. And when it comes to industries like online gaming, gambling, forex trading, IPTV, adult entertainment, tobacco, and other high-risk industries, the preference rises to 84% for cross-border businesses. Online gambling is commonly known as gaming within the merchant services industry. Because different payment processors refuse to participate in high-risk business merchants. Nonetheless, we have a high endorsement rate for high risk merchants and offer. ePay Global have multifunctional processing system which can process over 200 currencies. Overdue payments and bills. Radiant Pay is a leading provider of payment processing solutions for online gaming in London. But companies like PaymentCloud can help you find competitive processing rates. There are certain regulations in online gaming or gambling businesses. One of the biggest mistakes that merchants make is deciding on a popular payment processor and then finding out they won’t work with any high-risk merchant. For e-gaming companies offering online casinos, poker, draws, bingo, lottery, skill games, crypto casinos and all other online gambling operations on the internet with a gaming license, there are two basic “must-have” financial services: A bank account. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. The merchant account for online gamers is a high-risk merchant account. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. S. EMB has an A+ rating with the BBB and is voted the #1 high risk processor in the U. 95%. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. 1-800-621-4893. 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. Merchant Account Services For The US. Connected. Expertise: With years of experience in the industry, we know the ins and outs of high-risk businesses. According to a recent study, some 12. com offers for a High Risk UK Merchant Account. Most payment processors and banks turn down high risk and high volume merchants that operate non-traditional businesses such as Health and Beauty, Adult , Gaming, Sports, Casino, Dating, Gambling, MLM, Nutra, CBD Oil etc. Authorize. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. 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. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. A bail bond merchant account may be difficult to find. Banks won’t onboard any business category that poses a high financial and reputational risk. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost. The right card processor will be available to help you solve issues 24/7 through various channels. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Once approved, EMB can also set up chargeback management tools and a payment gateway, along with a fraud filter for online payments. High risk solutions. Slot Machines. Merchants trading in online gaming requires an online gaming merchant account. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. The worldwide gambling industry is booming, with an estimated global gross yield of nearly $500 billion in 2019 – nearly ten percent of that amount flowed through online gambling sites. Unlike traditional processors, they are more willing to work with high-risk businesses. com is rated A by Card Payment Options and is named one of Inc. This means that merchants in high-risk industries have a better chance of getting approved for an account. There are two plans to choose from, one tailored to brick-and-mortar businesses and the other for ecommerce merchants. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. Corepay: Best For Mail Order/Telephone Order Businesses. Luckily, PayMystic’s expanded network of banking relationships accepts the eGaming and eSports category and provides competitive rates, terms and conditions. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. Our payment solutions for face-to-face, online, and mobile. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. Instabill’s high risk merchant accounts are established with offshore acquiring banks that are eager to work with dedicated, hard-working merchants. One of the most important goals of online gaming merchants is turning players into payers. To process credit card payments effectively and efficiently, businesses need to turn to Casino Merchant Service providers to obtain a casino and online gaming merchant account. Why Gaming Merchant Account Is High-Risk Business. 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. How High Risk Merchants Can. Online gaming is an important sector of that market, with global online gaming expected to expand from 126 petabytes in 2016 to over 568 petabytes by 2020. What sets high risk businesses. What is this? An online gaming merchant account is a customized merchant service that helps in online money collection. At eMerchantBroker. linkedin. 2. EMB offers merchants end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, telecom services, and more. We serve almost all industries, including those that sell high-risk goods and services. July 17, 2023. 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. A lot of standard merchant accounts have no contract. One can be located almost anywhere in the world and obtain credit card processing services for a casino merchant account. Manage one-time and recurring billing so members can auto-pay on a set schedule. Features to look for when choosing a gambling merchant account High-risk services and pricing. Essentially, a merchant account acts as the middleman between the use of the card and the deposit of the. The Best Merchant Account Service Providers of 2023. But you may have been thinking that what it has to do with a gaming merchant. 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. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. It supports businesses of all sizes, offering both standard flat-rate and interchange plus pricing. The huge number of people are hooked on the internet everyday, and the business entrepreneurs are using the internet as a mode of making a vast customer base. 1% for low-risk transactions. com we can help make setting up your online tobacco store easy with our credit card payment processing.