High Risk Payment Solutions for Your Gambling Website
To Manage an online gambling website, or network of websites successfully You require stable, reliable and secure credit card processing, gambling merchant accounts and Payment gateway solutions. That means working with a payments partner that can accept all major currencies, have low card rejection rates, provide transparent reporting, dependable daily or weekly payouts, and responsive customer service
You require an approach to acknowledge credit card payments from players across the globe, all in real-time. IPAYTOTAL’s Gambling Merchant Accounts offer you a level of service that will enable your business to succeed and increase profits.IPAYTOTAL has expertise in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the business.
It is a stimulating time for the industry of online gambling, quite recently just accessible in certain worldwide markets: the Caribbean, the UK and Europe and Asia. Be with a select few of U.S. states moving to legalize (Nevada, Delaware and New Jersey), one can’t resist the urge to feel the cold war on online gambling in the U.S. is defrosting.
How Much Time Does It Take For An Approval Of An Online Gambling Merchant Account?
Approval times for online gambling merchant accounts vary with each type of solution IPAYTOTAL offers:
- Offshore online gambling merchant account with payment processing history: 5 business days to 2 weeks
- Offshore startup online gambling merchant account: 5 business days to 2 weeks
How Do I Get A High Risk Online Gambling Merchant Account?
Whichever you prefer: Call us direct at +44 800 776 5988, Or You Can Visit our WEBSITE.
Online Gambling Merchant Account Fees
Our online gambling merchant account fees are competitive and affordable.IPAYTOTAL does not charge a merchant any expenses until they begin processing transactions. When you have been pre-approved, our underwriting department will coordinate your business with the acquiring banking partner we feel is the best fit for your requirements. The bank will then process your application and decide your merchant account fees.
Your fees are dependent upon a few components, for example, the merchant’s processing history, kind of industry (high or low risk) and/or anticipated sales volume. Each online gambling merchant account is different, but typical fees include:
- Merchant Account Registration Fee
- Merchant Account Fee
- Monthly Statement Fee
- Transaction Fee
- Discount Rate
- Refund Fee
- Rolling Reserve
- Chargeback Fee
Reasons Why An ONLINE GAMBLING Is Considered High Risk?
Except for Nevada, New Jersey, Delaware and Pennsylvania, online gambling stays illicit by U.S. government law. Furthermore, most web gambling sites are based offshore, leaving U.S. banks no choices in giving credit card processing solutions.
Other factors contributing to its high risk label include high chargeback rates and the risk of gambling addiction, with which some banks choose not to be associated.
Chargeback Prevention For Online Gambling Merchant Accounts
Chargebacks can be an issue for an online gaming business. A player at an online blackjack table takes a huge loss, telephones his credit card issuer and denies the charge. It’s a he-stated, she-said fight that internet business merchants infrequently win.
To find out more about IPAYTOTAL’s merchant services for online gambling merchant accounts, Give us a call at +44 800 776 5988 or get in touch with us through our website. Even if you’re not a customer of ours, we want to help you understand the process so you can make the best decisions for your business. We believe transparency and proactive education is the best policy.