Online gaming merchant account high risk. Therefore, it’s crucial to. Online gaming merchant account high risk

 
 Therefore, it’s crucial toOnline gaming merchant account high risk  Negative bank account

Fraud is a big problem in America. Stripe: Best for owners of multiple businesses and brands. Every day brings new opportunities for merchants with a merchant account for online gaming. Protect high-risk and adult gaming transactions with comprehensive fraud management. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming industry and already provides gaming merchant services. The gaming business is considered to present a higher risk to the underwriter, therefore it is considered high risk. It’s estimated 1. Issuu Store. Our Social Gaming Merchant Account gives real-time authorization response and multi-currency. A competitive payment processing fee for a standard retail small-business account might be 2. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. Gaming comes with the potential for. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. ePay Global have multifunctional processing system which can process over 200 currencies. Both the owners of painting businesses and independent painters may work with clients who would prefer paying them via credit cards. As a result, trust and customer loyalty improve and, in turn, brings. If you're in the online gaming business, Double Helix Processing can help you get the right merchant account you need. If your company doesn’t have a positive transaction history or it is too new to have developed one, you will encounter high charges from payment processing providers at best, but more. These industries often involve increased potential for chargebacks, fraud, or regulatory issues. What is a High-Risk Merchant Account? An online gaming business merchant account is a good example of a high-risk account. A simple, easy to find return or refund policy. Hillcrest Dr. Here’s a snapshot of adult industries that use specialized payment processing: – Adult Bookstores. All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. About Us; High Risk Merchant Accounts; Solutions. The gambling industry has seen a boom over the past few years. It specializes in payment solutions for many types of high. com (EMB). 1. One of the primary advantages of highriskpay. Online gambling, adult entertainment, timeshare resale, and travel agencies are a few examples of high risk sectors that could be taken into account for high risk merchant accounts in Europe. According to the Center for Disease Control (CDC) one-third of Americans are overweight. Online Processing. This year, the world’s two largest gaming regions, North America and Asia Pacific, are expected to account for 78% of global revenues. The merchant account for online gamers is a high-risk merchant account. Merchants trading in online gaming requires an online gaming merchant account. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . When the customers subscribe to the digital television. 9 billion in 2016. Unfortunately I've never heard of this company before and couldn't find anything online. It all started with small breaches in several major companies including; Choicepoint, LinkedIn, TJ Max, Twitter, and the Adobe Systems. The digital gaming businesses usually have a high volume of turnover. Because different payment processors refuse to participate in high-risk business merchants. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. 4% for mid-risk transactions. Negative bank account. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Unlike traditional processors, they are more willing to work with high-risk businesses. We work with a large, trusted network of acquiring banks that allow us provide merchant account solutions for retail, MOTO and/or e-commerce businesses worldwide. Business Funding. Actual games and tables monitoring; High Risk. Penny auction merchant accounts are considered high risk in large part thanks to the high chargeback rates that happen so frequently to penny. Opening a bookkeeping service is an ideal way to earn a living. Gaming businesses are starting to understand the benefits of finding a reliable high-risk payment processor, and the sector is poised for further expansion. The best small business merchant services accept all common credit cards, including Visa, Mastercard, and American Express. The vast majority of banks who are giving them a credit line consider this factor high. In time, they will likely become more. 6% plus 10 cents, while the fee for a high-risk account might be 2. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. Setup your Gateway Today! 1 2. Why is your business, an online gaming business, considered high risk? The reasons are the following: it has a high-volume turnover, there are age restrictions, diverse global laws, and significantly higher instances of chargebacks. It gives merchants a unique login with order tracking, sales management, inventory, and payments. Services to high-risk business owners are comparatively expansive than low-risk businesses. But companies like PaymentCloud can help you find competitive processing rates. All they want is to avoid the risk. Customers prefer the e-cigarette to actual cigarettes because they smell better and they taste just as good. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. Learn about the specific challenges of an online gaming merchant account and how to secure reliable payment processing capabilities. There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. You’ll get approval for a casino and gaming merchant account in just 24 hours. High-risk. Specializing in providing high-risk merchant accounts for social gaming, We have been helping Casino , Gaming , Gambling & Poker Merchants. What is a High Risk Merchant Account? Merchant Accounts for businesses are classified as risky for many reasons, including brand new business, poor credit history, operates in a high risk industry, processes a high volume of transactions or high ticket transaction values. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. Documents needed to open an online gaming merchant account. A high-risk merchant account is one that has been classified by merchant account providers to be exposed to high levels of fraud which could result in high chargebacks. An online gaming merchant account has tremendous potential for online gamings, sports, and other skill games to maximize their benefit and guaranteed growth for the business. EMB specializes in all industries that are considered high risk. A high-risk merchant account is a specialized payment processing solution designed for businesses operating in industries that are considered high-risk by payment processors and banks. 1-800-621-4893. 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. This will allow you to continue doing business even in high-risk markets. Merchants trading in online gaming requires an online gaming merchant account. ChargeMoney is offering efficient and secure Travel Merchant Accounts tailored for businesses in the travel industry. Amald. Gaming merchant account. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. Whenever a business exceeds a 2% chargeback ratio, credit card companies can fine the processor that provided the high-ticket merchant account. In addition, there are other risk factors that cause banks to avoid. Get processing. However, the high vulnerability of these activities to fraud makes it an extremely high risk business. Users can now access entertaining and engaging online games in a more luxurious lounge setting thanks to technological advancements such as touch-enabled kiosks, wall panels, and tables. We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. Overdue payments and bills. Instabill’s high risk merchant accounts are established with offshore acquiring banks that are eager to work with dedicated, hard-working merchants. Most payment processors and banks turn down high risk and high volume merchants that operate non-traditional businesses such as Health and Beauty, Adult , Gaming, Sports, Casino, Dating, Gambling, MLM, Nutra, CBD Oil etc. Bank transfers are the safest online. This can be damaging to any consumer, and merchants, as credit reports typically list any loan or credit card inquiry. As soon as. Merchant Processing Advisors can help find a payment processor for your gaming business due to the fact that we specialize in high risk merchants and that we have partnership agreements with both. It’s also free of monthly fees. This will reflect a 37% growth all factors. An online gaming merchant account is a customized merchant service that helps in online money collection. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Tags: Adult Industry Articles chargebacks Direct Marketing EMB solutions Extended Warranty Services fraud High Risk Merchant Acccount high risk payment processing merchant services Multi Level Marketing Nutraceuticals. 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. Authorize. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. That's where gaming merchant accounts come in - they are designed specifically for businesses operating in this niche. Despite the status as a high-risk merchant account, it is possible to find a reliable and affordably priced payment processor for online gaming. People could always find things that are new and might be more interesting to them after a while. Travel Merchant Account. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. Payline data plans cost $$20/month plus. com offers for a High Risk UK Merchant Account. Online gambling is popularly known as gaming in the merchant service industry. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. Many people find WooCommerce is the provider that best meets their business’s needs. Being turned. So, if you need end-to-end services for a travel, gaming, or online dating, warranties, or credit repair, for instance, then contact EMB. This means that merchants in high-risk industries have a better chance of getting approved for an account. net to use them as payment processor. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. This. Where does the U. Intangible product. EMB offers merchants in Hong Kong end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, travel services, or telecom services. Slideshow 11067011 by HighriskThe world of online gaming has witnessed an unprecedented surge in popularity, captivating a diverse global audience. Find the Best Payment Processing Solutions in the Field True professionals in. Published on May 22, 2023. This is where online gaming merchant accounts come in. The high risk label of this type of businesses is partly associated with high chargeback rates. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. Many people find WooCommerce is the provider that best meets their business’s needs. More and more high-risk businesses are getting. A high-risk merchant account is a payment processing account for businesses considered high-risk by banks. Despite its outset, it has grown by leaps and bounds into a multi-billion-dollar business. We serve almost all industries, including those that sell high-risk goods and services. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment processing. 1) Online payments where the purchase is made via the Internet and not at a physical store. This is because they often use stolen credit cards to make their purchases and the cardholder may not be aware of the purchase until it has. Why is Online Gambling Considered a High Risk Industry? A merchant account can be low or high risk, and gambling ventures fall into the second category. 7995 is classified as a high-risk business. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. One of the biggest mistakes that merchants make is deciding on a popular payment processor and then finding out they won’t work with any high-risk merchant. National Processing. Our high-risk merchant account service is exactly what. The merchant account should also include a high. 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. Our banks have liberal underwriting policies, which makes approving online gaming merchants possible. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Overdue payments and bills. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. In this day of high-speed communication and networking — credit card processing services have developed a high risk credit card processing program for just about every legal business. The tremendous popularity and easy accessibility of many gaming sites and apps increase the importance of merchant account for accepting international credit card payments. Check out customers. Best high risk merchant. The online gaming industry typically has a high turnover rate. An online gaming merchant account is a business account used to process payments of the customers/players. When a merchant application is submitted, the payment processor. Reputable payment processors like emerchantbroker. This article will help your tech support company secure the merchant account and payment gateway it needs to operate smoothly and safely. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. There is a range of rules and regulations surrounding gambling and online gaming businesses. In this comprehensive guide, we’ll delve deep into. 1 million who fell victim in 2013. 2985 E. The two highest-risk accounts are online gaming and adult material. Getting an online gaming merchant account is not easy,. sit in all of this? Despite being incredibly hesitant to embrace the. There is no cost to apply for a gambling merchant account, however, the minimum processing volume to apply for a gaming merchant account via Fast Offshore is 100. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. It is a personalized payment gateway that is fast and secure and offers all the services. Locate the account application form/page. In the last ten years, the gaming industry has grown a lot, and there are many ways to make money by selling popular games or other products. High Approval Rates. National Processing. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. It makes banks classify them as high-risk, and you can learn more about the meaning and consequences of having a high-risk business in this article. Depending on the type of gaming merchant services, one of these codes will be assigned to the merchant. Apply for a high risk merchant account in Malta today. A classic example of a high-risk online business is e-Gaming. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. We also look at. For this, the best option for small businesses is to look for outside funding. Specializing in high risk merchant services, Instabill has been providing e-commerce businesses with a wide range of credit card processing solutions for more than a decade. Strong descriptors that include a customer service phone number. 000 euros. Luckily, there are several high risk Merchants that need payment. Monthly fee: $10 to $45. When the ratios remain high, processors have no choice but to terminate their high-risk merchant accounts. Most acquiring banks consider these as high-risk gaming businesses. 2. Bitcoin was leading what many thought of as a digital currency. fees. S. The merchants are regarded as high-risk merchants by the acquiring bank. Our payment solutions for face-to-face, online, and mobile. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. This will allow you to continue doing business even in high-risk markets. During the underwriting process, if anything in your application tips off the payment processor that you are a high risk merchant, one of two things will. 4) E-Cigarette and Vaping Merchants. Thankfully, there are specialized companies that cater to high-risk merchant accounts, perfectly suited for the gaming industry. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. However, if you comply with the requirements and provide the correct documentation, the chances of having your gaming merchant account approved is extremely high. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming. This blog gives an example of how we set up a gaming merchant account service and the steps we took. Additionally, you will receive a detailed fee schedule for all your transactions. A typical issue in a gaming merchant account is a. 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. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions Gaming continues to grow in popularity, with an estimated 2. 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,. Here are 21 business apps you can sync with Square that can easily be found in the Square App Marketplace. The Subscription boxes are regarded as at high risk in the merchant account. The High-Risk Gaming Industry. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. 61 billion people worldwide purchased goods online in 2016. Unfortunately, this is a common scenario in online gaming, with the added risk of high volumes that are characterised by high tickets and the fact that many of these companies have virtual locations. These are just a few of the accounts EMB approves for fantasy. When a bank or financial institution rejects a merchant account application because the business is high risk, it is often due to a number of factors, including the industry, a history of bad credit or no credit, and a reputation for high volumes of chargebacks and refunds. Alipay. Fantasy Sports is Considered a High-Risk Business. The issue does not come with the search, but rather obtaining outside funding. 2. What to Look for in a High-Risk Merchant Services Account. Online Gaming Merchant Account. If you’re one of those involved into online gaming industry, you can also. Whether you want to enable recurring or stand-alone sales, we got you covered! 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. In this case, Online. Learn MoreAmericans are investing in their health more than ever. 500’s Fastest Growing Companies of 2016. In-gaming Restrictions. This could include industries such as adult entertainment, online gambling, pharmaceuticals, or even e-commerce businesses with a history of chargebacks. The online casino industry is well-known as online gaming in the merchant service industry. Merchant Account Services For The US. Reasons to Choose Karma Payment Solution for Online Gaming Merchant Account. Even though merchants also enjoy the same benefits as households when they use credit cards, a good majority are still. X. A merchant account is a type of business bank account that allows you to safely process electronic payments like debit and credit cards both in-person and online. 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. All they want is to avoid the risk. July 17, 2023. While some things about the business are common-sense, such as knowing the product, other are not. By utilizing a third-party processor, the merchant is able. In the recent years, alternative payment processors like emerchantbroker. This means that they will usually decline to provide a merchant account to gaming businesses, and if they do, the rates they charge will be higher. The worldwide gambling industry is booming, with an estimated global gross yield of nearly $500 billion in 2019 – nearly ten percent of that amount flowed through online gambling sites. Why merchant account is important for online gaming? Merchant accounts are provided specifically to control the functioning of your e-commerce websites or websites that accept online payments, one of which is online gaming. If you have all the documents and meet all the requirements, the next step is to file your application. A gaming merchant account is a bank account that lets you accept payments from customers using credit cards or debit cards. This ensures compliance with legal regulations and minimizes the risk of account termination. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. Easily accept payments from players. Also to give the most successful transaction results. It has several beneficial features that run to complete operations faster. This account is offered by an acquirer, a bank that is ready to work with a high-risk. Towards the conclusion of the 20th Century, video games became a staple. Thus,. linkedin. With Instabill’s online gaming. What Makes a Gambling Merchant Account High-Risk? Most banks consider gambling “high risk. To succeed, online merchants should choose the right credit card processor in the field. The valuation of active players also reached 2. This is where you will log in to your control panel. E-Gaming Merchant Accounts. Credit card. Chargebacks And Disputes When customers file a. If you do not handle this issue on time, your gaming merchant account may even get rejected because acquirers also have to follow some rules. 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. The majority of online gambling sites are based offshore. The account is arranged by a payment service provider which works as a mediator between the acquirer bank and the business. If your application is accepted, there will be set up or activation fees involved. Gaming Industry Merchant Services. 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off-track Betting, and Wagers). Features to look for when choosing a gambling merchant account High-risk services and pricing. We offer point-of-sale systems and payment gateways that are fully integrated. As players immerse themselves in virtual worlds, the significance of a seamless…Online gaming is considered a high-risk business because they are more likely to experience online fraud, high chargebacks than other types of business. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. To that point, some. They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online. In 2016, global e-retail sales accounted for 1. e. You are your own boss and you can carry as few or as many clients as you want. High-Risk International Merchant Account conducts your online business across the globe. The first concern is the business that provides the platform for the players, for this you need some important resources and their availability depends on your banks. Beyond that, EMB can also set up a fraud filter for your online payments. A competitive payment processing fee for a standard retail small-business account might be 2. EMB is an award-winning merchant account provider that boasts an A+ rating with the BBB. What sets high risk businesses. It’s projected this number will reach 4. Basically, it's just like a regular merchant service, but for the gaming. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. Fast Approvals: We understand that time is of the essence. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. It often means tougher-than-usual terms and higher fees than low-risk accounts. Thanks to the power of online technology, online casinos have been able to prosper in recent years, giving casino business owners new opportunities to expand into the digital world and offer. Setup your Gateway Today! 1 2. Bonus Abuse. Getting a smoke shop merchant account requires careful consideration of several key factors. As you may know, Internet gaming businesses are deemed as high risk, thus making it challenging for an online gaming merchant account to get approved for payment processing easily. A fraudster will open multiple accounts to take advantage of special offers. Especially with the online gaming business, various small transactions get generated & often hit a higher percentage fee. To avoiding put merchant accounts in jeopardy, businesses must work to. 4. Purchase your next favourite publicationIn fact, even many of the International high risk merchant accounts will not underwrite Online Gaming businesses. Since gambling is considered to be a high-risk-high-reward industry, it pays for online gaming companies to get their merchant accounts approved and ready to. As it is difficult to assist a merchant account for an online gaming business, it requires risk-bearing authorizations to run your casino business worldwide. Credit Card Processing Services. Consider whether you need a multi-currency account, a high-risk merchant account, or specific features like an international payment gateway. Call us on (+44) 20 32862655 to get approvals, pre-approvals & expert advice. As a result, nationwide online gaming is categorized as high risk. ePay Global have multifunctional processing system which can process over 200 currencies. Consider the following services EMB offers: Merchant Accounts. The industry is constantly. Secure high-risk merchant accounts for online gaming and credit repair. 2) Adult Entertainment Merchants. Online gaming is a high-risk business, so the high-risk business merchant needs a high-risk gaming merchant account for safe and secure payment transactions. 6% plus 10 cents, while the fee for a high-risk account might be 2. EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB. Below are tips for starting, and keeping, a successful tech support. Pros. Persistent, well connected, and socially active business owners manage to successfully connect with their customers and other businesses on a daily basis. Thus, here are five instances that make an online gaming merchant account high risk: The card and cardholder are not present. Every engagement on an online gaming merchant's website necessitates the use of a High-Risk Merchant Account. What is iGaming? In contrast, “iGaming” typically refers to online gambling offered through casinos. Create an online gaming merchant account with us. I recently got approved by Authorize. The prevalence of credit card processing providers evaluates it as a high-risk industry because of. Social gaming. Low-risk merchants. The 21st century has been marked by the dramatic rise of online gaming and digital goods, transforming them into multi-billion dollar industries. com is rated A by Card Payment Options and is named one of Inc. Credit and debit cards are the next step in the development of the online gaming business. The process is easy, so you can focus on more important things. What Is High Risk Merchant Account? A business with a higher-than-average transaction rate is termed a high-risk merchant by a bank or any other financial institution. With the gaming merchant account setup, your business will gain more profits as compared to regular profits, and will be beneficial when you serve people in your local area. At last, we also learn some benefits and drawbacks of using a high. Many online gaming companies have trouble finding a merchant bank that will accept high-risk gaming operations, or opening an account in the country where. 3% to 3. In addition, fraud losses are said to have fallen from $18 billion to. You can begin the process by just applying online now. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. – Adult Cruise Lines. To complete the application process, you’ll need to provide various identification and paperwork. Click on the “account” buttons if you want to start filling out a free application. With rapid innovation growth, specific niches have begun to thrive. Online gaming is a high-risk business, so the high-risk business merchant needs a high-risk gaming merchant account for safe and secure payment transactions. 100% of all merchants recieve their merchant account. Voted #1 high risk processor throughout the US, EMB offers unique payment processing services to its customers. 5% - 5%. It is critical to have a merchant account for online gaming because of the high-risk nature of the business. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. – Sex Toys. It is highly important to look for a reputable processor in the field when choosing payment processing solutions for painting services. The digital gaming industry has a high volume turnover. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment p. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. Travel. Many traditional, conservative banks and credit card processors are frightened of doing business with this high risk account because of the potential for chargebacks and credit card fraud. They are annoying to merchants, and most of the time their fees come without warning. What Makes an Online Gaming Account High Risk? So, why is online gaming viewed by banks and other financial institutions as high risk? The two most common reasons that. co differentiates itself by its people. As it is not too comfortable to get a merchant account for your online gaming business. While it may seem like chargebacks are inevitable, there are ways that can help you stop them before they affect your business. Other factors that can lead being classified as “high risk”. We guide online casino businesses in establishing accounts. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. Beyond that, EMB can also set up a fraud filter for your online payments. Bonus abuse is a more basic scam closely linked to multiple account fraud. 1. Websites with Money Prizes: VISA. And with lucrative benefits like large ticket processing. You can begin the process by just applying online now. Other elements that could be taken into account when deciding if a company is high risk include its size, credit history, and the kinds of goods.