Caters for: gambling, gaming (both online gaming merchant accounts and online gaming payment gateways); cryptocurrency (enables cryptocurrency exchanges to accept payments on their websites through credit and debit cards. A gambling merchant account is a credit card processing account created exclusively for online gambling firms. Merchant accounts are vital for any business that works exclusively online. Gaming merchant accounts allow merchants to accept direct deposits from players’ bank accounts so they don’t have to carry cash. Merchant account fees are simply fees paid to maintain the merchant account you need to be able to accept credit and debit cards. However, traditional banks may not be the ideal option for obtaining a sustainable online gaming merchant account. Travel merchant businesses accept payment from all over the world in different. Establish a New Merchant Account**. These providers offer specialized payment processing services tailored to the unique needs of high risk merchants, including fraud prevention. Merchant aggregators control the risk, changing how much risk they will permit at any period of time. The payment processor transmitters the payment data to an acquiring bank. Online gaming has been increasing in popularity for many years and continues to grow fast. Beyond that, SecureGlobalPay can also set up a fraud filter for your online payments. According to Sports Collectors Daily, eBay’s sports category sales from the months of March to May 2020 were reportedly 92% higher than the last three months of 2019. Those who are planning to apply for a high-risk casino merchant account or Online Gaming Merchant Account should pay attention to the points above. Click to continue reading gaming merchant account and high risk merchant account. Our online gaming merchant account services are in high demand as the industry continues to grow, with three out of four households having at least one gamer. Host Merchant Services: Best for large high-risk businesses. We provide gaming businesses with local & international payment processingDepending on your licence, our gaming payment processing options including Worldwide acceptance, multi currency (EUR, GBP, USD, JPY, CAD) and many card options including Visa and Mastercard. Data shows that global online gaming traffic alone is expected to climb from 126 petabytes in 2016 to 568 petabytes in 2020, proving people plan to keep the games going. Also, as skill gaming is truly international and involves people all over the world, the merchant needs to take those things into account. We help business owners like you keep their focus on making money. You have full access to Quick-click™ once you are logged in to your test account or your live account . This has allowed us to offer gaming merchant account and gaming payment processing services. Its features include the essence to render the best possible services in the entertainment sector to the Gaming merchants. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. Access to expertise and industry knowledge. This merchant account helps merchants to collect online payments from players. At Easy Pay direct, we believe that customer service is a key element to the success of your business. 2. With a full application package, gaming merchants can start processing payments in as soon as 24 hours. You can also take support from payment gateway processors to get secure payments for you and for your customers. An online gaming merchant account is a payment processing account devoted to online gaming businesses. The account is arranged by a payment service provider which works as a mediator between the acquirer bank and the business. Multi-Currency processing. Other benefits partnering with a merchant account broker include: Access to a broad range of payment processing solutions. This will reflect a 37% growth all factors remaining. All you would need to do is go to the EMB website and fill out an online application, which only takes a few minutes. A gaming company merchant account or a gambling company merchant account is required for any online casino or gambling platform that wishes to process transactions and accept player payments. Real-time reporting system. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. We guide online casino businesses in establishing accounts to manage player deposits. Conclusion. Before you submit a merchant account, clean up any past bankruptcies, liens, or late payments from your credit report. Social gaming. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Provide your name, phone number, social security number. There are several type of fees attached to accommodate to the financial loss from the Acquirers. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. Easily accept payments from players. A retail merchant account is a special type of bank account that acts as a holding tank. Create an Account – The Gaming Merchant. Experienced, Expert and Efficient, that's what we are! Amald provides top-notch High-Risk Merchant Account solutions to all around the world. Most businesses use a payment processor that. Its main purpose is to receive deposits and payments, as well as to set payouts and player awards. Patent Pending “Transaction Routing” Technology, More than 250 Shopping Carts Integrated, “Quick Click” checkout pages, Fraud Scrubbing technology, Kount fraud scoring, Tokenization, Quickbooks integration, Mobile Payments, Email Invoicing, recurring billing and so much more. The merchant must set up an account with a payment processor that accepts digital currencies, such as BitPay, Coinbase Commerce, and GoCoin. Gaming payment gateway requests to verify the transactions from the issues bank. At EskayPay, we can provide your merchant account through a simple and speedy process as we have a vast network of acquirers. Following these steps will help you manage your merchant account well: 1. An adult merchant account allows you to worry less about chargebacks and focus more on running your business. People could always find things that are new and might be more interesting to them after a while. Besides providing security, payment gateways also provide small to mid-sized. Complete List of Documents. Gambling merchant account providers understand the nature, challenges, demands and requirements of an online gaming business. Many Secure Payment Gateway Options. We have even created some state-of-the-art solutions, such as a forex payment gateway, offshore payment gateway, online gaming merchant account, credit card merchant account, etc. Having a gaming merchant account can be beneficial for online gaming businesses, but it's important to be aware of the potential risks involved. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. What are Online Merchant Account Services. What is an online casino merchant account? Merchant accounts are a type of bank account that allows online gaming companies to accept credit card payments. Merchants have to face numerous difficulties, such as payment-related glitches during transactions, denials of best casino merchant account requests, the hardships of integrating an igaming. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa, Mastercard, and other leading credit card companies. Need Merchant account processing for your Fantasy Sports site? Of this gigantic amount of revenue, 10% came from the United States. To open a merchant account, the business has to be legitimate. For more information, contact us today at 818-621-4893. A gaming merchant account will accept the payments from the players through their debit or credit cards. About Us; Solutions. Therefore, it’s crucial to address any loose ends before applying for an online gaming merchant account. Conclusion. For businesses to thrive in the gaming industry, they need payment solutions that provide streamlined payment processing, secure deposits, and simple withdrawals for account holders. High chargeback ratios. As per the research conducted by “The Gambling Commission. Our payment gateway API easily incorporates into an e-commerce website and assists in processing online payments through multiple channels. Step 1: A customer buys a product or service either online or in-store. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions. No set up fees for most merchants. banks and financial service providers deny working with this industry. Besides, various other benefits are also there. With a reliable gaming merchant account, online companies can make the most of their business. Luckily, PayMystic’s expanded network of banking relationships accepts the eGaming and eSports category and provides competitive rates, terms and conditions. Payment processing is critical to your gaming operations; without it, you will be unable to accept. The online gaming market is growing rapidly, and gamers are more aware than ever of what can be expected from infrastructure providers and gaming platforms. The gaming content users can consume the services without fear of losing their financial data or identity through identity theft. However, the general steps are similar; Identify the right payment processor. Welcome To The Gaming Merchant. Digital casinos must also navigate meeting. If you are expanding your business internationally and want to accept credit card payments, acquire WebPays for a smooth and hassle-free payment experience. Given all the changes in the global. A gambling merchant account is a credit card processing account that specifically serves online gambling companies. The merchant account provider will also need the following information for the underwriters and processors: A government-issued ID (driver’s license, etc. After signing up, you will need to. 7 billion gamers worldwide. Gamers keep themselves informed of any new releases that gaming platforms and service providers may make. Certificate of incorporation. Every merchant account provider uses a different payment model. 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. Merchant Identification Numbers (MID) play a crucial role in the world of payment processing and are an integral part of any merchant’s journey into the realm of electronic payments. Apply for an online gambling license. Security isn’t about meeting the requirements, it’s about making sure your information and reputation are safe. With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions – domestic and offshore – with competitive rates. Establish a single online gaming merchant account. Setting Up an Online Gaming Merchant Account What is Online Gaming? Online gaming is a broad term that refers to playing video games or other types of. Easy and smooth Payments. The risk is raised on gambling, gaming and fantasy sports businesses because the merchant account provider takes on the potential risk of paying any refunds, fees, or fines merchants are unable to pay due to going bankrupt or getting forced into closing. When you click on. Everyone, from small children to adults, has their own game obsession. Contact Easy Pay Direct for more information on credit card processing for your business. 5. Even with the speed of modern technology, it still takes some time to navigate the maze of the payment card industry. According to the True Cost of Fraud Study 2022, Merchants lose an average of $3. Published on December 19, 2022. Merchant Stronghold specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. Determine the services you require: Ask yourself which payment card network you will be accepting payments from. According to grandviewresearch, the online gambling market size was quoted at USD 57. Amald has online gaming merchant account solutions that meet global gaming customers' requirements. Curacao is a destination for companies looking for an affordable gambling license. Moreover, EMB has an A+ rating with the BBB and an A rating with Card Payment Options. In the realm of online gaming, merchant accounts play a crucial role in facilitating seamless payment transactions. The merchant account provider will review the application and documentation to determine if the business is eligible for the account. Quickly send money to winners. The online gaming industry is ripe for fraud. 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. This account acts as a conduit, facilitating. This account is offered by an acquirer, a bank that is ready to work with a high-risk. We store all information securely so you don’t have to. Better Bargaining Power and Negotiation for better rates and terms. Capture fees. Skill Gaming Solutions; you give thousands or millions of people a place to go to. Valid government ID of the principal. Set up payment processing. This can be attributed to the growth in the online gambling space. High-risk payment gateways provide merchants with adequate security to ensure quick and safe transactions between merchant websites and credit card processors. Lucas Siegel. There are several benefits that the merchant can gain by having the optimized solution from the merchant account services: Safe and secure credit card transaction thus preventing online frauds. These accounts allow adult merchants to engage in high-risk. 7 billion gamers around the globe. EMB is voted the #1 high risk payment processor. Experienced, Expert and Efficient, that's what we are! Amald provides top-notch High-Risk Merchant Account solutions to all around the world. The account is arranged by a payment service provider which works as a mediator between the acquirer. Choose Only The Best Bitcoin Merchant Account. Any online gaming business, no matter whether it offers games of skill, sports betting, lottery, casino games, bingo, or games of chance will need two main banking services – a merchant account and a company bank account. 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. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. This can be proven with a valid business license. Step 2: You will be asked to fill out the application. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. 7% from 2022 to 2030. The Official Gaming Merchant subreddit! Merchant will react to your content here weekly! Post your gameplay, questions, memes, and requests for Apex gameplay advice here! Created Jan 2, 2021. A gaming merchant account is a specialized type of merchant account designed to allow businesses in the gaming industry to accept payments from their customers. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. When requesting a withdrawal from a gaming merchant, they will need to review and approve your withdrawal first, the time this could take depends on the gaming merchant. The Gaming business runs as per the types of gaming mentioned earlier. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming. Afterward, whatever your customers or clients purchase they would need payment gateways to pay. According to the International Trade Administration, the worldwide video game industry has a value of $159. Having a social gaming merchant account will definitely help you out to receive all those payments. Security. With an online gaming merchant account. The gaming industry has high. Get the credit repair merchant account you need to grow your business with EasyPayDirect. A certified copy of your ID. You can navigate the banking world with the aid of those B2B gaming service. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. Merchant Discount Rate (MDR) or commission rate. Yet, EMB is more than willing to set up a high risk merchant account with their patented simple, fast, and effective approach to merchant accounts. 5641. Although not a guarantee, a merchant account can be approved in as little as 24 hours. This year, the world’s two largest gaming regions, North America and Asia Pacific, are expected to account for 78% of global revenues. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. To be accepted for a casino and merchant account with an online gaming site within just 24hrs Click here or dial +1- (727) 330 – 3944. Merchant Stronghold’s team of experts in online gambling payment processors work intimately with suppliers to guarantee you can get the best for your business needs. Step 4: All add-on services require a two-step authorization. If you have all the documents and meet all the requirements, the next step is to file your application. S. The funds have been returned to your account. Now that online gaming is allowed…If the ratio of money-back incidents goes beyond the decided limit, they cannot keep the account of a gaming merchant. Protected gaming gateway. The first step in enabling commerce is establishing a merchant account. Step 3: Click ‘Sign-up’ to proceed. eMerchantBroker. Gaming payment processing typically involves a. Its main purpose is to receive deposits and payments, as well as to set payouts and player awards. Ultimately, the list of documents and other requirements will vary depending on the jurisdiction in which you open the merchant account; some will be easier than others. For more information, please contact us at 800. For instance, if you had stated in your application that your average transaction amount would be $100 and then your average spikes to $500, your processor will be concerned. Its job is to enable payouts and player rewards, as well as to take deposits and payments. Our casino/gaming merchant accounts offer: Safe Transactions – we offer our offshore casino merchant account customers various solutions for their transaction processing. It is often associated with a payment processor installed within the website or application. You can begin the process by just applying online now. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment processing. 3. The primary difference between them is that aggregate accounts group a number of merchants in a single account under a generic descriptor, whilst bank direct merchant accounts. Bank transfers are the safest online. Once you have a business license, you will also need to open a business bank account. Account Se-up or Installation fee. The data breach incident sold customer details for £1 each in this scam. 38 billion between 2021 and 20226. Requirements may vary according to different aspects. For this part, you will generally need to submit: An application form; Copy of your gambling license; Company registration certificate; Certificate of Good Standing; Official company documents such as M&A;. 4 Factors to Consider. With an online gambling merchant account, online gambling and casino merchants can accept payments from customers in a variety of currencies and payment methods, including credit cards, debit cards, and e-wallets. If you still have questions regarding what we can do for you, give us a call at 1-888-548-5649 so you can converse with one of our merchant account managers. Basically, it's just like a regular merchant service, but for the gaming. gaming merchant account. Quick merchant account connection The gaming business is based on cash transactions carried out online by transferring money from card to account and vice versa. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. 2. We guide online casino businesses in establishing accounts to manage player deposits. Benefits of having Gaming Merchant Account Facility. That MCC regulates video game establishments and. We go above and beyond PCI compliance with our quarterly scans. As soon as you’re approved, SecureGlobalPay can set up chargeback management tools and a payment gateway. We are your credit card. Last three months’ bank statements. If you don’t have a casino merchant account, you can’t accept and process credit card payments. Account providers will offer you a terminal with which you’ll be capturing card information. Gaming and gambling websites are highly prone to frauds and this is the reason why many account providers hesitate to do business with them. Applying for the High-risk Gaming Merchant Account The options of applying for the high-risk gaming merchant account along with cryptocurrency payment options are quite simple & straightforward. The online gaming sector has developed dramatically over the past decade, and this trend will likely continue as more individuals become interested in this activity. Gaming payment gateway requests to verify the transactions from the issues bank. Most e-gaming operators have experienced difficulties finding a reliable service provider and merchant account facilities necessary for credit card transaction processing. This can be. We provide gaming merchant accounts offering reliable and secure payment processing solutions for gaming businesses. At 5 Star Processing, we provide gaming businesses with local and international payment processing solutions. A merchant account allows you to accept payment anywhere, anytime, without having to receive cash or checks. Look for a merchant account provider that offers the type of processing you need and can help you diversify and expand in the future. Chargebacks are an unfortunate part of the online dating landscape, and the added fees, increased overhead, and other losses associated with them can quickly chip away at your bottom line. To accept payments, merchant accounts use a few different ways. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. Merchant accounts let businesses accept payments from credit cards, debit cards, and other online methods. 1. com is voted the #1 high risk credit card processing company in the US. This code protects the rights of the client, the seller, the merchant account, and the provider. No Visa/MasterCard is Required. Negative bank account. Finding the right partner for your credit card processing is not easy and this is especially true for online gaming companies. A payment service provider (PSP) is an acquirer who offers payment solutions for your internet business. Typically, a merchant account is used for credit card processing and eCheck processing, but can be used for a variety of payment processing needs. An Employer Identification Number. Our guide covers the basics of credit repair for business owners,. You can also contact us online. The industry has been. ltd for a Gaming Merchant Account. Obtaining a gaming merchant account is required in order to accept card payments, but there are associated fees and difficulties in locating suitable payment processing services. IBS, for example, provides expertise and educates merchants to take necessary measures with fraud protection by. Merchants trading in online gaming. What Is Gaming Merchant Account?A gaming merchant account is a type of payment processing service specifically designed to serve the needs of gaming businesses. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. GBO is a leading gaming corporate services company in the gaming industry, specializing in turn-key solutions for gaming companies and gaming startups. With a merchant account from Instabill, we offer live support Monday. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations and compliance requirements specific to. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. There is a misunderstanding that when it comes to your business only needs a merchant account or payment gateway and not both. These are just a few of the accounts EMB approves for fantasy. com (EMB), to apply for an online ticketing merchant account. We can assist in the field of online gaming payment processing and serve businesses offering casino games, poker, sports/sportsbook,. Manage one-time and recurring billing so members can auto-pay on a set schedule. financial risk involved. How to Keep a Gaming Merchant Account Active? There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. To receive online payments in a faster and simpler way, gaming merchants use Paypound gaming merchant accounts. Easy Pay Direct offers top tier merchant account services with outstanding customer support. All types of online gaming merchants qualify for. In 2021, the United States hemp-derived CBD market will reach the milestone of having $5. Text Instructions for the Customer Vault in the Easy Pay Direct Gateway. 2009. Home High Risk Payment Processing Gaming Merchant Account and Gaming Credit Card Processing Gaming Merchant Account: Gaming Credit Card Processing As a. Social gaming has become more popular than ever and now is the right time to invest in the business and launch your social game. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. Merchant Stronghold’s team. Whether you run an online casino, sell video games or virtual goods, or offer in-game currency and subscriptions, having a gaming merchant account is essential. Welcome! Thanks for joining the TGM community! Make sure to put your IN-GAME USERNAME in the username and name fields. To do so, your business will need a merchant account. It is typically connected to a payment processor that is integrated within the website or application. Fast approvals in 24 – 48 hours. Make sure your driver’s license or passport is up to date. . According to a recent study, the online gaming market is projected to grow by $142. It immediately stops the transaction, if the fraudster gets caught. This helps expedite the integration and set-up process. We authorize high risk merchant accounts with the services you require to effectively run your eCommerce organization. The blockchain technology will become more popular especially in payment to provide better protection for online payment processing. Find out more about our gift card solution today at 1-800-530-2444. Again, adult entertainment account and payment processing rates fluctuate with season. Online gaming merchant account demand has been on the rise over the recent few years. Services to high-risk business owners are comparatively expansive than low-risk businesses. Get A Business License. You’ll get approval for a casino and gaming merchant account in just 24 hours. With e-commerce enjoying growth all around the globe, it’s critical to look for the easiest merchant account to get for your business. Conclusions. Having a merchant account tailored to the needs of the Curacao gambling industry offers several benefits for online gaming operators. Children’s and Infant’s Wear Stores. White glove service so you can focus on what matters. Some also may have you pay for hardware and software upfront. To begin the process, you can apply online for a fantasy sports merchant account. In order for your business to process credit card and debit card payments, you will need an adult merchant account. The gaming industry has been booming over the past decade, and. Gaming merchant accounts allow merchants to accept direct deposits from players’ bank accounts so they don’t have to carry cash. Gaming payment processing, services provided to companies by payment processors, are. 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 can help you get your business the proper credit card processing account. Moreoer, it is a secure. US and international merchant accounts. Published on October 28, 2022 Merchant Account for Online Gaming Online gaming merchant account demand has been on the rise over the recent few years. This is basically the bank that issues gaming merchant accounts. Fill in all the required fields. How We Can Help With Merchant Accounts. This may involve. You can have a lot of fun running a gaming website, but getting a good, dependable credit card processing solution can be challenging. To accept credit and debit card payments, these businesses need merchant accounts. When comparing a merchant account and payment gateway, it’s essential to understand their primary functions. In as little as 48 hours EMB can set a merchant up with a merchant account so they can begin accepting credit card payments. Once approved for the merchant account, set up payment processing services. )Fantasy sports is one of America’s favorite pastimes. Online Gaming Merchant Accounts. A merchant account is a bank account for businesses that allows businesses to process electronic payments. WebPays. Gaming merchant account. Merchants can receive real-time alerts for all chargebacks lodged when enrolled in an alert service offered via the Ethoca alert system or Verifi networks. 1. To know more, +44 800 832 1733. The online payment gateway sends the secured data to the payment processor, a mediator between gaming merchant accounts and all the next financial institutions involved in the payment. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. A merchant account is a business account that allows businesses to accept and process credit card and sometimes mobile transactions. Merchant account is already a concern for all business owners. Why online gaming merchant account is considered high-risk. With this merchant account, you’ll get several features to rely on. This factor ensures the merchant gets access to a variety of countries, has better conversion, and lower decline rate. This creates a catch-22 situation for businesses that want to get into online gaming – you need an account with an online gaming merchant account to be a legitimate business. Indicate the nature of your business and your title/role in the business. That said, you won’t be able to run your online gaming business without a Social Gaming Merchant Account. Gaming Merchant Account for Gaming Merchants in the United Kingdom. Highrisk gateways is an industrious company, our main aim is to improve your gaming platform with our online gaming merchant account service. 3 billion and 2. GBO assists to gaming businesses to find, locate and match with everything they require in order to begin accepting online card payments, from a payment gateway to gaming merchant accounts. No more annoying chatbots, no more phone trees, just a real person ready to solve whatever merchant. It looks like the simple mechanism – card processing, but is a well-thought-out algorithm of actions that is carried out between players, a bank and an online gaming platform. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. At. Online Gaming Merchant Account Delivers Secure Payment Processing Solutions Nov 23, 2022 Card Processor for Online Casino Businesses processes credit card payments securely Nov 17, 2022. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them. When faced with Stripe’s holds or account freezes, several strategies exist to keep your business afloat and recover your money. Get a Forex Merchant Account From eMerchantBroker. 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. Quickly send money to winners. You’ll need a website for your business and the. The principal’s Social Security Number. The AMSLV gaming merchant accounts support large ticket transactions to accommodate all your credit/debit card processing needs. Three months of bank statements. Merchants can get approved in as little as 24 hours. The usage of an online gaming merchant account enables companies to receive payments more quickly and easily from customers. What is an Online Gaming Merchant Account? As is the case with any business that accepts payment by credit card, online gaming businesses need to have merchant. Easily accept payments from players. Pros and Cons of High Risk Merchant Accounts. An online gaming merchant account is a crucial aspect of running an online gaming business. 2. Even though one’s desire to succeed in the skill gaming. High-risk industries such. Complete our simple Merchant Account Application or contact your nearest Belize Bank branch to get started. 21. An Overview of Social Gaming Merchant Account. The digital gaming businesses usually have a high volume of turnover. Create an online gaming merchant account with us. Debit and credit cards are the natural development for online video gaming organizations. Steps to get a Gaming merchant account! Step 1: The first step is to sign up with us. The transaction process that occurs when a sale is made between a customer and a merchant involves a number of actions and steps taken by the previously mentioned players. Online Gaming Merchant Account is a high-risk account. A certified copy of your ID. Gaming Merchant Account. This is especially important for merchants that work exclusively with online and telephone products and services. Though more and more online betting companies are emerging, there is still plenty of room in the industry, which is projected to account for double digit growth in 2017 and the years to come. When using an offshore merchant account, your acceptable chargeback ratio increases from below 2% to 3-4%. By doing this, you can prevent your account from being deleted suddenly.