By Fernanda Mathias
People are spending $210, 440, 495 on video games. That’s right! The gaming industry is at its peak with no intention to slow down:
Some interesting facts:
- Statistics show that the revenue of the industry has reached $164.6 billion in 2020.
- Another study points out that the market is expected to surpass $200 billion in profit by 2023.
- Research states that 70% of gamers prefer to use debit and credit cards on their purchases.
If you are a gaming merchant who cannot process online payments, you are losing this much money PER DAY.
A gaming merchant account is the first step to start processing payments. It is also the only way to enter the e-commerce business world and expand your company to a broader audience.
How to obtain a gaming merchant account
At iPayTotal, we can help you obtain a gaming merchant account suitable for the specific needs of your gaming business. We specialise in high-risk businesses such as the gaming industry.
Despite its major success, many banks and financial institutions refuse to open a gaming merchant account due to the high volume of chargebacks and potential fraud risk.
At iPayTotal, you can be sure you will have the right merchant account provider for your business, with reasonable rates and many benefits:
- Quick approval
- Multi-currency payments
- Multiple payment methods, such as digital currencies
- Credit card processing for major brands
- 3D secure processing
- No monthly volume caps
- SSL-encrypted services
- Real-time credit card processing
- 24-7 customer support.
Our application process is easy and fast: fill the form and send the documentation. We arrange the underwriting. Once your account is approved, you can start processing online payments.
Prepare your gaming business for the future. Make the right choice
Technological advances have played a fundamental role in the success of the gaming industry. Its rapid expansion is due to the significant contributions the technology industries have made. The future is online, with the most advanced tools a gamer can find.
As a gaming merchant. your business must be ready to face those changes with a payment processor that can follow these trends. Make no mistake: iPayTotal is the right match for you.
At iPayTotal, we have a clear perspective of the future of payment processing and can offer the most suitable solutions for your company. We want to help you expand and be part of the successful and profitable gaming industry.
Contact us today at iPayTotal and open your gaming merchant account.