Online
Casino Merchant Service
Online casino merchant services are
able to be opened for most any online
casino. Some banks will have a long list of
requirements while other banks do not. One
of the main deciding factors will include
the previous history of the online casino.
This is very important with almost any high
risk business in nearly every high risk
industry. Payment processors must make sure
that the merchant is able to handle their
business and operate it in a fashion that
does not develop a number of chargebacks or
customer complaints. Casino payment
processors and banks do not want to have any
problems with Visa or MasterCard and
especially with any country. They want to
keep a low profile and by making sure their
merchants are sound is a good start. Most
payment processors will not accept any start
up casino merchants unlike others. The ones
that will accept start up casino merchants
will do so if they have the rest of their
supporting documentation in place including
their license.
You can expect a few things when you
open an online casino merchant service
account. First off you will have access to a
number of fraud prevention tools. The
merchants and the processors both do not
want any fraud and they will provide a
number of tools for merchants to easily
combat this. Online casino merchants will
usually be able to process transactions in
multiple currencies. This holds true with
the most popular currencies. If your
business requires a certain currency they
should speak to the casino merchant
processor before applying to see if this is
available.
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