com (EMB), which specializes in high-risk processing services, including merchants with bad credit. com offers. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. Because different payment processors refuse to participate in high-risk business merchants. Negative bank account. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. Doubtful bank statement. The reason is that they are termed “high-risk accounts. If you have all the documents and meet all the requirements, the next step is to file your application. The type of business applying for a merchant account may determine the level of risk associated with that merchant account. (Note: if you have bad credit, your business will be considered high-risk, but you can still get a merchant account with bad credit. This feature is essential for high-risk businesses, as it opens the doors to larger markets and diverse customer bases. High volume solutions: load balancing gateways and multiple MIDS. EMB has an A+ rating with the BBB and is voted the #1 high risk processor in the U. Published on August 17, 2017. 5 Star Processing Offers Online Gaming Merchant Accounts. In the simplest of words, a high risk merchant account is an account that is used for payment processing by businesses that are considered to be high risk by banks. Search for a provider with extensive experience serving the online gambling industry. High-integrity Risk Financial Trading Platforms (card-absent) MCC 5966. When you have a designated bank account for your business, it speaks volumes about the seriousness of your business. Instead, find an excellent high-risk merchant account processor such that of Allied Payments. We can provide full merchant services for all your needs. The first step in building a solid plan is to add a “comprehensive digital element” to existing, physical vetting methods. 3) Travel Merchants. National Processing. 100% of all merchants recieve their merchant account. We are experts in high risk merchant accounts for businesses in online gaming, cryptocurrency, Forex, and more with a PCI-compliant high-risk payment gateway. Last updated: May 2023. Online Casino Merchant Account; Online Gaming Merchant Account; Online Pharmacy Merchant Account;. If you run a compliant gaming operation in a licensed territory then we will be able to help you with payment processing without question. Fill in all the required fields. Approvals typically take less than 3-5 days! High Risk Credit Card Processing. In the recent years, alternative payment processors like emerchantbroker. Leap Payments Helps Overcome the Obstacles. For example, a customer may make a purchase from a nutraceutical company (a high risk business) then claim that a purchase was made without their knowledge, call their credit card company. Whether it is about increasing your sales or generating revenues, we are there to help with our experienced team. 3) Industry is considered low-risk, such as retail. Besides these factors, there are several reasons why a high-risk merchant account provider can benefit Forex merchant. Avoiding fraud. The gaming business merchants proffer all kinds of gambling in the form of casinos, sports wagering, online poker, online bingo and. With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions –. Increased. The Best High-Risk Merchant Accounts of 2023. High-risk merchant payment processors both understand the unique problems that a Forex merchant can experience and are also likely to be experienced in processing applications for high-risk trading. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. An online high risk merchant account will help you to accept alternative payment methods, such as prepaid debit cards, e-check for high risk businesses, ACH, and crypto payments, which are not accepted by standard merchant account prpcessors. Merchants in these categories for two consecutive months are placed in Mastercard’s. Low-risk rates, as low as $99 per month and $. . Offshore high-risk merchant accounts often impose fewer limitations on where your customers or payments originate. A high-risk merchant account is a payment processing service that is provided for businesses that financial institutions have categorized as riskier than standard merchant accounts. This includes CBD and Kratom businesses. Chargeback protection. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback. International Access. The average American’s credit score is 695, and that rating. One thing all high-risk businesses have in common is an increased need for sharing supporting documents to ensure full compliance. Our tools have been designed with business owners in mind, and our goal is to assist growing high risk businesses to reach the next level of success. Create an online gaming merchant account with us. Outbound Telemarketing (card-absent) MCC 5968. Online Gaming Merchant Account - HighRisk Gateways : u/highriskgateways What is this? An online gaming merchant account is a customized merchant service that helps in. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. It allows merchants to seamlessly accept a high volume of transactions (and large amounts) at a rapid pace. Merchants Will Need to Improve Fraud Management Strategies. Online. Published on October 21, 2021 Updated on August 23, 2023A high-risk merchant account is a business account that is mainly designed for businesses that have an excessive risk of chargebacks, fraud, or legal compliance. These accounts are ideal for businesses that offer online gaming services, such as casinos, sports betting, fantasy sports, and more. Furthermore, any business that processes card not present transactions is classified as high risk because it is at a. Financial institutions and payment processors use. A high risk merchant poses more of a financial risk to the processing company. Below is a list of the top 10 biggest high risk merchant account industries. Have you heard about eMerchantBroker. We’re offering an online gaming merchant account. High-risk businesses are rarely served by ordinary merchant account providers. Credit card. High-Risk International Merchant Account conducts your online business across the globe. Proceed With CautionGaming Merchant Account Solutions for International Gaming Merchant. The customer contacts their bank or credit card company and requests that the transaction be reversed, which leads to the merchant’s account being charged back for the amount of the disputed transaction. This is where online gaming merchant accounts come in. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. high-risk merchant account providers offer payment services to merchants with high-risk MCC codes. Payment service provider Content- Hi! My name is Martina. Video gaming. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. PayPal – Best for a pay-as-you-go pricing structure. Fraud Prevention: Choose processors equipped with. Accept multiple currencies. Gaming payment gateway. Overdue payments and bills. Once a high-risk gaming industry merchant account is approved, payment processors set monthly processing limits, typically between $10,000 and $30,000 per month, for the first three-to-six-months. A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. com have become highly popular. Gaming is the definition of high risk and high return. As such, the primary factors that matter with a high-risk merchant account are processing history and industry reputation. net, give you access to information regarding your new account. Thankfully, there are specialized companies that cater to high-risk merchant accounts, perfectly suited for the gaming industry. Hardware: Quote-based. You can even create follow-up campaigns and offer 2-way. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. i. PaynetSecure specializes in high volume & high risk merchant services. For more information, please contact us at 800. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. The currency of your choice is delivered to your business. A typical issue in a gaming merchant. The first step on your path to a new merchant account is starting the Easy Pay Direct application or if you would rather chat with someone to find out more, call us at (800) 805-4949 *. High-risk businesses are typically those that are new, have a history of credit problems, or operate in an industry that is considered. Apply Now. In the end, Merchant Stronghold has the expertise, and experience in high-risk merchant account payment processing that can provide solutions to all of these sectors and more. In fa. With Go High Level you can easily capture new leads, build full-blown websites, and landing pages, drag & drop surveys and forms, plus online appointment setting. The merchant account for online gamers is a high-risk merchant account. 3% to 3. Gaming Merchant Account From EMB. financial risk involved. Start Accepting Credit Cards in as little as 1 Business Day!The online gaming industry is ripe for fraud. However, account closures, particularly for high-risk merchants like adult merchants and online gaming businesses, can significantly impact revenue and reputation. Online Gambling Merchant Services. Apply Now. But the reality is that these are the industries that make the most of the profits that run the economies of countries. facebook. Table Games and Poker. #1 PaymentCloud Strong Reputation For Fast Approvals. Cybersecurity is the practice of protecting computer systems, business accounts, networks, and sensitive information from unauthorized access, theft, damage,. Merchant Accounts for Curacao GamingA high-risk merchant account is specifically designed to cater to businesses that are considered high risk by #payment_processors and banks. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. If your company is in need of a high risk merchant. net offers high-risk merchants all the tools for high-risk payment processing. Meanwhile, businesses with low or moderate risk are less likely to be targeted for cancellations and other types of deception. All the above-mentioned qualities of a top-class high-risk account are auto-integrated with our Singapore merchant account. 4. com can help you get your business the proper credit card processing account. Authorize. Step 1: A customer buys a product or service either online or in-store. This report came just days prior to the hack of eBay which put millions of account holders’ personal information at risk. 9% for all total transactions. Healthcare. The terms of the contract may vary from provider to provider, but at the core of the agreement, they are covering their bases. A gaming merchant account is a bank account that lets you accept payments from customers using credit cards or debit cards. No matter you’re a new business or the owner of top adult websites, you can get a secure and low-cost adult merchant account if you turn to EMB. High risk merchant accounts charge fees that are consistent with the services they provide to high risk. We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. At EMB, our high-risk merchant accounts are our primary focus, and our team of professionals have years of experience in tailoring solutions to meet businesses’ unique needs and address their biggest challenges. Online gambling is popularly known as gaming in the merchant service industry. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. This will make tracking sales easier and less stressful for the business. Even if these merchants find a “high risk payment processor” they can still frequently deal with holds or freezes on their money and shut down merchant accounts . High risk offshore merchant account is best applicable for online business that operate in high risk online business like e-commerce, gaming, it, marketing, etc. The industry of online gaming is booming. Gaming is the definition of high risk and high return. Merchant account providers tend to follow a “two-step process” that goes like this: The high-risk merchant account provider you choose will “initially” approve you for a merchant account. Credit card. The resources available within the FCAC is quite extensive as they endeavor to give merchants the best possible start with choosing the right merchant account provider for their business. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. Your social gaming merchant account may be able to accept payments in the world’s most popular currencies. Majority of card processing providers consider it as high risk industry due to certain reasons. Selecting the ideal payment processing partner is a pivotal step in effectively managing a high-risk merchant account. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. ”. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. Gaming Merchant Account. Depending on the type of gaming merchant services, one of these codes will be assigned to the merchant. With our services, bank-to-bank transfers have never been easier. High-Risk Merchant Accounts face several unique challenges, including: 1. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. 1% for low-risk transactions. But with us, you won’t need to be troubled. Whether you need a single account or multiple, Easy Pay Direct can guide you through the process and help you secure the perfect account for your unique business. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. These…If you are running any type of gaming or gambling business. In this comprehensive guide, we’ll delve deep into. It often means tougher-than-usual terms and higher fees than low-risk accounts. As a result, trust and customer loyalty improve and, in turn, brings. For more than 20 years, PaynetSecure has provided merchant services to companies in the US and throughout the world. Most acquiring banks view gambling as a high-risk sector, making it extremely difficult to establish an online gaming merchant account and payment gateway. High chargeback ratios. A Forex merchant account is vital for a foreign business that accepts online payments. Once a high-risk gaming industry merchant account is approved, payment processors set monthly processing limits, typically between $10,000 and $30,000 per month, for the first three-to-six-months. Banking For Nearly Every Vertical – We offer merchant accounts for almost every vertical, including high risk merchants and much more. Enquiry Now. 99% uptime, providing our clients the reliability required to operate their business merchant accounts without concern. Banks won’t onboard any business category that poses a high financial and reputational risk. net to use them as payment processor. Our gateway partners like NMI and Authorize. These industries typically include online gaming, #adult entertainment, #pharmaceuticals, travel and tourism, and debt collection,. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. That means that player payments get processed faster. A high risk merchant has been classified by the banks as belonging to an industry that has above average chargeback rates and instances of fraud. While online gambling is now highly regulated and organised, some financial institutions. com offer high risk merchant account instant approval. Merchant Accounts for Curacao GamingA high-risk merchant account is a payment processing account for businesses considered high-risk by banks. It. Here are a few of the biggest benefits of a high volume merchant account: Sustainable growth – A high-volume merchant account gives merchants the ability to meet the demand of rapid expansion. Merchant account providers can add their own characteristics to the list, but here are a few that will characterize your business as high-risk: $20,000 or more in monthly sales. ccNetPay – Best for a simple pricing structure and EU transactions. Slot Machines. These industries include online gaming, adult entertainment, cryptocurrency. We understand the unique challenges of your business and can. It gives merchants a unique login with order tracking, sales management, inventory, and payments. Best high-risk Merchant Accounts for online businesses . Restaurant. Consider the following services EMB offers: Merchant Accounts. There are tons of high-risk merchant services providers out there, so it’s. As a kicker…. It will involve continuous management of systems to ensure a secure and seamless checkout process. Online Gaming Merchant Account. Gaming. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. jakethad Feb 20, 2007 9:36 AM Your High risk merchant source! Lowest rates guaranteed and fastest service. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. ltd for a Gaming Merchant Account. Finding a reputable and trustworthy high-risk merchant account provider can be a challenge. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. 2. How to apply for a Gaming Merchant Account. This could include industries such as adult entertainment, online gambling, pharmaceuticals, or even e-commerce businesses with a history of chargebacks. Moreoer, it is a secure. Online High Risk Merchant Account for Gaming Business. Here are the six criteria that merchant account underwriters use to confirm that the business is viable, trustworthy, and has a chance of getting approved: Must-Have A Business Bank Account. High-risk merchant account let businesses avoid credit card processing fees. Since high risk businesses are more likely to experience chargebacks, they have to pay higher fees for the merchant services. Emerchantbroker. For any business that deals with a lot of transactions and operates in a high-risk category, having a merchant account is vital. Setup Comprehensive Merchant Monitoring: One of the most important actions you can take to. We guide online casino businesses in establishing. Payment Gateways for Online Gaming. Generally, a merchant account is to a payment processor already on the website or application. Secure your business with a high-risk payment gateway. Businesses should expect to pay 2% over the cost of traditional merchant accounts, while also anticipating 18-month contracts. S. Merchant Services; High Risk Merchant Accounts; POS System for Small Businesses; Mobile Credit Card Processing for Small Businesses; Industries; Net 30. Many PSPs consider the same merchant services for every business type. Dharma’s processing rate for high-risk businesses is interchange rate + 1. The payment processor (usually a bank or private corporation) will give the ultimate and final approval of your merchant account. com can help you get your business the proper credit card processing account. Figure out how many payment terminals. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. The Benefits of High-Risk Merchant Accounts: 1. At last, we also learn some benefits and drawbacks of using a high. One of the primary advantages of highriskpay. if you’re interested in working with us, you can start your EMAP application below or call us at: (800) 805-4949 | Get Set-up with a Merchant Account ». com accounts is their high approval rates. Get. Fantasy sports and online gaming: 7995: Financial investments and securities: 6211: Firearms and accessories: 4214: Foreign exchange and currency exchange: 6050:. The Best Merchant Account Service Providers of 2023. Square: Best overall. When searching for a high-risk merchant account, processing limits are a crucial factor to take into account. In order to get and maintain good standing with your service provider, you must meet. In many cases, simply improving customer service drastically reduces returns, chargebacks and customer. Merchants can receive real-time alerts for all chargebacks lodged. No one turned down. Intangible product. National Processing: Best For Clover Processing Hardware. These transactions typically occur in industries with a history of chargebacks, fraud, legal complications, or regulatory challenges. 1% for low-risk transactions. Online Gaming Merchant Account propose ideal payment solutions for gaming merchants As a growing and ever-growing. Use of Stripe's services for any dealings, engagement, or sale of goods/services linked directly or indirectly with jurisdictions Stripe has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk Regions, or persons Stripe has deemed high risk, such as those individuals or entities named to a. What is a High-risk Merchant Account? Oct 11, 2023 The Complete Guide to Online Credit Card Payment Processing Sep 30, 2023. Call PayPound at +44 800 832 1733 or email sales@paypound. 50% + $0. Business must process at least $100,000 per month to be eligible for a high-volume merchant. High-risk merchant accounts are for businesses that have a high rate of a chargeback, legal issues, or other problems that increase the likelihood of nonpayment for products or services rendered. High-Risk Merchant Accounts in Europe for Online Business. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. Contact a Leap. eMerchant Broker, also known as EMB, is a collective of high-risk merchant account specialists serving the cannabis, e-cig, adult entertainment, gaming, and dozens of other industries. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. Merchants can receive real-time alerts for all chargebacks lodged when. Getting rid of all scams and chargebacks is now easy with our services. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. Bank accounts for Startups companies; Best Business Bank Accounts for Online Business 2023; Affiliate Company Formation and Affiliate Bank Account Opening; e-Commerce Company formation & Banking solutions; Feelancers Financial Solutions; High-Risk Merchant Accounts in Europe for Online Business; Knowledge center; About us. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. High-risk businesses typically operate in industries that are prone to chargebacks, fraud, and legal and regulatory complications, such as online gambling, adult entertainment, nutraceuticals, and e. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. You do this by opening a merchant account. high risk merchant account (139) high risk payment gateway (44) high risk processing (72) Independent Software Vеndоrѕ (2) International Merchant Account (13. Purchase your next favourite publicationEMB promises an open and honest application process, with as little as a 24-hour wait to be approved for a high risk merchant account. It’s also another one, like the cannabis industry, that has a difference of opinion between state and federal laws. These companies often face various obstacles that require specialized payment solutions. 38 billion between 2021 and 20226. Gamers keep themselves informed of any new releases that gaming platforms and service providers may make. A high-risk merchant account is a type of bank account specifically designed to cater to businesses with higher levels of risk associated with their operations. National Processing. MOTO Merchant Account. High-risk businesses should anticipate having to pay higher costs for rates and fees associated with payment services. Whether you need a single account or multiple, Easy Pay Direct can guide you through the process and help you secure the perfect account for your unique business. 2) Chargeback ratio is low to nothing. High Risk Merchant Account; Contact Us. As a high-risk specialist and provider of industry leading merchant services, emerchantbroker. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. One determining factor of a high risk business is chargebacks, so high risk payment processors have a plan in place to protect the business from chargeback issues; Lower risk of account termination. Processing limitations describe the highest sales volume that a payment processor will let a merchant process in a certain period of time, typically monthly or annually. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor : Look for a payment processor that specializes in online gaming and has experience in dealing with the industry’s specific. A high-risk merchant account is specifically designed to cater to businesses that are considered high risk by #payment_processors and banks. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. In the industry of gaming, a merchant account is essential. Click on the “account” buttons if you want to start filling out a free application. Gaming merchants should deal with. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. com, a reputable payment processor that specializes in the high risk sector? EMB is voted the nation’s #1 provider of high risk merchant services. Gaming Merchant Accounts. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. 9. Online gaming is one of the most popular high risk merchant accounts. Being labeled “high risk” should not signal the end of a high risk business. 1. There are tons of high-risk merchant services providers out there, so it’s. Apply now and you can set up your online casino and gaming merchant account and run within 24 hours and with no limitations. Fees. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. Nowadays many gaming business owners can expand their profits and generating more revenues opportunity by getting high-risk merchant account for credit card processing,. High Risk Merchant Account. Direct response. A payment processing platform may label you as high-risk for a variety of reasons. Eliminate chargebacks, which means more money for you. A high risk merchant account is a type of bank account that allows a business to accept credit card payments, even if it operates in an industry that is considered to be high risk. I recently got approved by Authorize. An easy application process. The almost real-time nature of these transactions makes it more difficult to catch fraudsters before it’s too late. The finest investment an online gaming business can make is to look for a high-risk merchant account that is reliable and trustworthy to process payments safely. Each Certified Payment Specialists have “been there and done that” hundreds - or thousands of times. Unlike traditional processors, they are more willing to work with high-risk businesses. Having a gaming merchant account can be beneficial for online gaming businesses, but it's important to be aware of the potential risks involved. banks and financial service providers deny working with this industry. However, if you find that acquiring a high risk merchant account or using a dedicated payment gateway is not feasible for your business at this time due to various reasons such as cost or industry. Despite these challenges, businesses need not. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. A merchant account allows businesses to accept credit and debit cards. We are a reliable payment processor for enhancing your business. They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. As a result, nationwide online gaming is categorized as high risk. Therefore, it’s crucial to address any loose ends before applying for an online gaming merchant account. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. “ Few mainstream banks are willing to allow their customers to run online gambling business accounts due. net’s gateway also stores repeat customer payment information and even gives the merchant the ability to provide recurring billing. All businesses are examined equally, but high-risk merchant accounts are given closer examination. The right card processor will be available to help you solve issues 24/7 through various channels. Moving companies. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. Visit the merchant account processor’s website. No matter you’re a new business or the owner of top adult websites, you can get a secure and low-cost adult merchant account if you turn to EMB. 1. Online Gaming Chargebacks. 6% plus 10 cents, while the fee for a high-risk account might be 2. Whenever a business exceeds a 2% chargeback ratio, credit card companies can fine the processor that provided the high-ticket merchant account. It often means tougher-than-usual terms and higher fees than low-risk accounts. A Merchant Category Code (MCC) is a four-figure number used to categorize business entities according to the type of products or services the company offers. e. Doubtful bank statement. Each type has its benefits and limitations and can be an important part of a chargeback management system. In most cases, a high-risk merchant account can be approved within 3 to 10 business days of a complete application packet being submitted to underwriting. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. High-risk businesses are no strangers to the unique challenges posed by the ever-evolving e-commerce landscape. Payment Processing for Gaming Merchants Jun 29, 2023. The core of that is that we understand your business model. A merchant account is a type of account that is approved by a bank or financial institution to allow the business to take credit and debit card payments from their customers. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. Ultimately, a high-risk ACH account. With over a 95. Basically, it's just like a regular merchant service, but for the gaming. Industries that have higher than normal incidences for fraud and chargebacks, “legal gray areas”, age restrictions, and so forth are likely to hit a brick wall when it comes to securing a high-risk merchant account. Most high-risk processing providers don’t disclose a standard rate for their clients, as they tend to tailor the price to the particular business. A high-risk merchant account is a special type of payment processor created for businesses with a higher risk of chargebacks and fraud. We work with a large, trusted network of acquiring. High-risk payment gateways: Payment gateways are tools that facilitate credit card transactions. ” This is related to the causes we list below. These are important to look out for before giving green light to online gaming merchant accounts. Get. Luckily, there are several high risk. Payment processing fees: 2% to 3. As a result, trust and customer loyalty improve and, in turn, brings. Support free trial. e. Rolling reserves (a portion of your sales. This process will likely take the longest, and there is nothing to do but wait to hear about an approval or denial. Why are online gambling, online gaming, and online casinos considered a high risk merchant account? What makes gambling or an online casino a high-risk business type is that the entire industry it’s heavily regulated in general.