Gaming merchant account

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G A M I N G M E R C H A N T
A C C O U N T
www.ipaytotal.com
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G A M I N G , G A M B L I N G , C A S I N O , A
N D S P O R T S B O O K M E R C H A N T A C C O
U N T S E R V I C E S
O U R P E R F O R M A N C E
According to The Gambling Commission, online
gaming and betting in the UK during 2016
contributed to 33 of industry market share. A
large proportion of this was made up of sports
betting, casino games and online bingo sites.
Gambling and online paid gaming sites are more
accessible than ever and, therefore, the need
for online gaming and gambling payment
processors to support the industry has also
increased.Online gaming is booming, which makes
it even more important for gaming merchants and
platforms to pick the right payment solutions
for their customers and markets.youre looking
for a online gaming merchant account bank
offering comprehensive online gaming payment
solutions and considerable expertise and
experience in the gaming industry, then you have
come to the right place.
APPLY NOW
WWW.IPAYTOTAL.COM
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R I S K I N V O L V E D I N G A M I N G M E R C
H A N T A C C O U N T S
Gaming and Gambling merchant accounts are
typically classed as high risk due to a number
of contributing factors, such as the possibility
of gambling addiction, chargeback disputes, and
more. This generally means that traditional
banks will be reluctant to extend an online
casino merchant account. Currently, the biggest
online gaming markets are mostly found in the EU.
The European online gambling industry is worth a
projected 10 billion Euros. The reason is that
some countries such as the US and China restrict
gambling heavily or allow it in certain
territories like Las Vegas and Macau. 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 2019 and the years to
come. Online gaming merchant account and payment
gateway for your business, as the risk
associated with the high volume, high- velocity
movements invites a lot of possibilities for
fraudulent behavior. Alongside this, each
country has its own specific restrictions and
regulations in place for the gambling industry,
and these national and regional restrictions can
easily affect an online gambling platform which
can be accessed from around the world. Online
gambling businesses have a high-volume turnover,
which plays a part in the overall risk when an
acquiring bank is assessing the complete profile
of the merchant. The majority of gaming
businesses are based offshore historically
there have been cases of both money laundering
and fraud within the industry. If the business
is a startup or new to the gaming business, the
lack of credit and transaction history can put
off an acquiring bank for an online gaming
merchant account setup.
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Operating in a high risk industry like gaming and
online gambling doesnt mean businesses wont be
able to secure a merchant account. There are
several specialist high risk providers and we
work closely with these when working through
client payment process options.Online gambling
and gaming are considered high risk because of
the highly regulated nature of online gambling,
and the potential for high ticket high volume
chargebacks and thus the merchants must be aware
about online gaming merchant account costs.. With
respect to regulations, gambling and gaming
companies have to comply with complex national
and regional laws that govern how they can
operate. An online gambling site that can be
accessed by customers throughout the world must
deal with multiple sets of those laws. Because
of this complexity, most sponsor banks and
processors do not accept or board online gambling
companies. In addition to the legal and
regulatory concerns, the reason many credit card
processors and sponsor banks do not accept
online gambling companies is the potential for
high numbers of high-velocity chargebacks. Given
that many online casinos regularly process large
tickets, and often move significant volume, if a
rogue online casino decided to engage in
fraudulent activity and a significant number of
their customers initiated a chargeback, the
processing bank would potentially face large
liabilities and thus there is a list of online
gaming merchant account requirements which the
merchant has to fulfill.
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W H Y O N L I N E G A M I N G I S C O N S I D E
R E D H I G H R I S K
Online gambling is commonly known as gaming
within the merchant services industry. Its
tabbed as high risk by most online merchant
account providers. The reasons are as
follows Online gambling businesses feature a
high-volume turnover. Most gaming businesses are
based offshore. If the business is a startup or
new, acquiring banks can be put off by the lack
of credit and transaction history. However, if
you operate in the high-risk industry such as
gaming and online gambling, you shouldnt think
you cant secure an online gaming merchant
account for your business. We have relationships
with various banks in the domestic and offshore
regions for setting up a merchant account for
online casino and online gambling credit card
processing. You must be aware of online gaming
merchant account requirements, online gaming
merchant account rates and features of payment
gateway for online gaming.
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H O W C A N W E H E L P ?
Via dedicated gaming acquiring partners, we
offer you everything you need to accept gaming
card payments and pay out winnings easily and
securely. Our feature rich dedicated gaming
solutions and online gaming merchant account for
credit card processing are fully flexible and
have been developed to deliver value and growth
to your business. Accept credit and debit card
payments easily and securely, process repeat and
deferred payments, manage refunds, pay out
winnings into one easy to use and customisable
platform integrtated with various online gaming
merchant account providers.
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D O M E S T I C A N D O F F S H O R E D I R E C
T A N D A G G R E G A T E D G A M I N G M E R C H
A N T A C C O U N T O P T I O N S
Not every online gambling organization is the
same. Some primarily market to North American
clientele, others European, South African,
Australian, and others global. Some require
multiple currencies, others need accommodation
for high-ticket, high velocity, or significant
volume variation. Pricing Contract Terms If
you are looking for an online gambling merchant
services provider, contact us via email or call
us today to discuss your options for obtaining a
merchant account for your online gaming or
gambling business. Well discuss the
following Pricing Available Discount Rates
ranging from 1.95 to 12.00 Authorization Rates
ranging from 0.20 to 2.00 Monthly Fees Rates
ranging from 5.00 per month to 249.00 per
month Other Contract Terms Rolling Reserve
requirements ranging from 0 rolling reserve to
25 rolling reserve Holdback Periods Typically
7 days Contract Length Month to Month is
available No Application Fee Direct funding with
regular deposits (either daily or weekly
depending on offshore v. onshore)
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W E W E L C O M E A P P L I C A T I O N S F R O M
O N L I N E G A M B L I N G B U S I N E S S E S
, I N C L U D I N G T H E F O L L O W I N G S E
C T O R S
Casinos Bookmakers Prize Draws or Similar
Internet Sports Books
Reverse Penny Auctions Raffles Games of
Skill Small Lottery Syndicates
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iPayTotal specializes in both online gaming
merchant accounts and online gaming payment
gateways and offers the best gaming merchant
account in the industry. iPayTotals team of
experts in online gambling payment processors
work closely with providers to ensure you can
get the best for your business needs.Via
dedicated gaming acquiring partners, we offer you
everything you need to accept gaming card
payments and pay out winnings easily and
securely. Our feature rich dedicated gaming
solutions are fully flexible and have been
developed to deliver value and growth to your
business. Accept credit and debit card payments
easily and securely, process repeat and deferred
payments, manage refunds, pay out winnings into
one easy to use and customisable platform.With
regular releases and a resilient infrastructure
you can rely on our platform and focus on whats
important for your business delivering the best
possible experience to your customers.Our team
of experts in online gambling payment processors
work closely with providers to ensure we can
secure the best deal possible according to the
needs of the business.If you need merchant
account advice for a business in the following
areas, get in touch today for a no fee, no
obligation quote for
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online casino merchant account merchant account
for online casino online gambling credit card
processing merchant account online gambling
gambling merchant account gambling payment
gateway gambling payment gateways online
gambling merchant account online gambling payment
processors online gaming payment
processing online gaming merchant account and
payment gateway With our range of online gaming
and gambling payment options our experts can
provide the right advise first time around,
saving you both time and money and can provide
you solutions for online gambling merchant
account online gambling pay by phone online
gambling payment gateway online gaming payment
gateway online gaming payment processor online
gambling payment processing online gambling
credit card chargeback
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W I T H R E G U L A R R E L E A S E S A N D A R E
S I L I E N T I N F R A S T R U C T U R E Y O U
C A N R E L Y O N O U R P L A T F O R M A N D F
O C U S O N W H A T S I M P O R T A N T F O R
Y O U R B U S I N E S S D E L I V E R I N G T H
E B E S T P O S S I B L E E X P E R I E N C E T
O Y O U R C U S T O M E R S .
Powerful risk management tools PCI DSS
specialism Full reporting interface Transaction
optimization Adapted payment solutions 24/7 365
days a year support Dedicated support for gaming
operators Comprehensive anti-fraud
solutions Sophisticated anti-fraud
systems Multiple acquirers in one
solution Multiple payment methods Payment
solutions adapted to your needs
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C O N T A C T U S
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