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Online Gambling Merchant Account

An online gambling merchant account is an account that is used by online gambling merchants in order to process their payments. These payments are made by means of cards such as; debit or credit cards. The customer logs their card information along with their personal information. The customer inputs the amount they would like to load into their gambling account and then click submit. The amount is charged from their card and instantly placed in their gambling account for use. The casino merchant will receive an increase in new clients and an increase in account funding when they choose to use a gambling merchant account. Gambling merchant accounts are available for all types of online gambling businesses. Currently online gambling merchant industries include; bingo, lottery, poker, slot machines, craps, blackjack and other table games available with online gambling websites.

A common question that most gambling merchant ask is what does a gambling merchant need to do in order to be setup with a gambling merchant account? Gambling merchants will need to provide several documents into underwriting with the bank and payment processor. The requested documents will include; passport, bank information, bank statements, processing statements, utility bills, corporation information and the appropriate gambling licenses. After this information has been submitted a gambling merchant will be able to expect approval or decline within 7-14 days. If the account is approved a final merchant agreement is forwarded to the merchant and the gambling merchant will need to complete and submit back to the bank and payment processor. Later on the logins for the gambling merchant account will be issued to the merchant for them to begin merchant account integration.

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.