What are poker merchant accounts? They are an account that is used for poker merchants to process their credit card and debit card transactions seamlessly without the hassle of having the customer send money by bank wire or western union. Poker merchants want to make the act of funding their account as easy as possible which will guarantee that they have gamblers funding their accounts regularly. The easier it is for poker players to fund their poker accounts, the more money they will deposit. A poker merchant account is the only way a poker merchant is able to accept credit card and debit card payments. The account is opened with a bank or payment processor that specializes in poker merchants. Once the poker merchant account is active customers will be able to make regular deposits into their online poker account.

What does a poker merchant need to be setup with an online poker merchant account? A poker merchant must make contact with a payment processor that focuses primarily on setting up poker merchant accounts. There are many merchant account providers however only a few of them actually setup poker merchant accounts. It is important that these poker merchants work only with a poker merchant account provider. Merchant account provider will require a few documents before they are able to submit your account into underwriting. The poker merchant will need to provide their; license, bank statements, previous credit card processing statements, corporate documents, passport and utility bills confirming the business or the owner.