Online casino merchant accounts are
available for all online casinos. There
are a number of casino merchants online
and all of the successful ones accept
credit cards and debit cards. It is very
important that casino merchants apply
and are setup with an online casino
merchant account. Once they are setup
with a casino merchant account they will
experience exponential growth. Most
banks and payment processors will avoid
online casinos because of the higher
than normal risk that revolves around
them. Online casinos have to be licensed
and must only operate in certain
jurisdictions. This makes it very
difficult for payment processors to
control where the merchant is accepting
business from. Even the increased risk
still leaves some merchant account
providers willing to accept online
casino business. These merchant
processors are aware of the risk and are
able to control it. They have developed
a payment system that will allow online
casino merchants to process payments
quickly and easily by utilizing fraud
protection services. The merchant
accounts will also feature no processing
volume caps and the ability to process
payments in multiple currencies.
Online casino merchant accounts are
able to be established when the merchant
is able to provide the required
documents to the payment processor. This
includes but is no limited to; merchant
application, passports, previous
processing history, bank statements and
any licenses that are required for their
jurisdiction. It is important to know
that businesses will be able to be
approved within 1-2 weeks and the rates
are able to be very competitive
depending on the previous history of the
online casino merchant. If the merchant
is a startup it will be more difficult
for approval and the rates will be
higher.
Contact
one of our helpful account
representatives to assist you in the
setup of
a
high risk merchant account or
offshore merchant account for a
high risk merchant.
