Online gaming merchant account high risk. 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. Online gaming merchant account high risk

 
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 productsOnline gaming merchant account high risk  Setting up a merchant account can require a lot of time and tracking down and submitting various paperwork and documents

They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. According to a recent study, the online gaming market is projected to grow by $142. The High-Risk Gaming Industry. Click on the “account” buttons if you want to start filling out a free application. Look for a processor that specializes in working with high risk merchants. High risk transactions refer to any financial activity that poses a greater degree of potential fraud or money laundering. Account Se-up or Installation fee. Call us at (727) 873-0963. 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. 1) Online Gaming Merchants. Chargebacks can ruin even a successful business. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. ” This is related to the causes we list below. 6% plus 10 cents, while the fee for a high-risk account might be 2. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. Hardware: Quote-based. Sell online or in person. 500’s Fastest Growing Companies of 2016. Talk to our representatives right away to discuss your options. Why Gaming Merchant Account Is High-Risk Business. 6. How much does a high-risk merchant account cost? Businesses with high-risk merchant accounts typically pay $100 per month on average. Fees and Costs: Understand the fee. The vast majority of banks who are giving them a credit line consider this factor high. Access 24/7 tech support for online gaming merchant accounts. 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. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. With a reliable gaming merchant account, online companies can make the most of their business. Payment processing fees: 2% to 3. In addition, there are other risk factors that cause banks to avoid. The merchants are regarded as high-risk merchants by the acquiring bank. Especially considered to be video games played online all over the world. There is a lot of speed, convenience and security with the use of these plastics for transactions. Online gambling is commonly known as gaming within the merchant services industry. com (EMB). 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. It can also take less time for your application to be processed, allowing you to start accepting payments. 3) Industry is considered low-risk, such as retail. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. Overdue payments and bills. Thus,. Online gaming is divided into several parts like Casino, Gambling, Fantasy Sport, etc. Online gaming companies must have a high risk gaming merchant account in order to accept card payments but maintaining a merchant account comes with a price. The high risk label of this type of businesses is partly associated with high chargeback rates. This industry is highly regulated to protect players from major financial distress. The pros of a high-risk merchant account for Shopify. Our banks have liberal underwriting policies, which makes approving online gaming merchants possible. Online gaming is on top of the competition these days, as just one online stream can earn you millions in. Level 1 PCI / DSS Certified Gateway. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high risk. Gaming merchants should deal with. High-risk merchant accounts offer a range of benefits to merchants who use Shopify as their platform of choice. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. We also look at. Mobile gaming, social gaming, sports gaming and many other gaming merchants can avail a gaming. Businesses in high-risk industries, such as online gaming, adult entertainment, and nutraceuticals, may have difficulty obtaining domestic merchant accounts. These industries include the adult industry, online gaming, subscriptions, etc. High-risk businesses are rarely served by ordinary merchant account providers. Chargebacks And Disputes When customers file a. 5 Star Processing Offers Online Gaming Merchant Accounts. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. Whether you are a seller online or have a smoke shop somewhere across the country, your profits have gone through the roof. Whether you operate in industries like adult products, CBD, or online gaming, finding the best merchant account services that are reliable and secure is paramount to your success. 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. It specializes in payment solutions for many types of high. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. To process credit card payments effectively and efficiently, businesses need to turn to Casino Merchant Service providers to obtain a casino and online gaming merchant account. 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. Other times merchants wish for a bigger standing in their industry. You’ll need a website for your business and the. Get processing. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment p. EMB is also a reputable alternative online lender in the high risk field. Online Gaming Merchant Account. For the last two decades, internet marketing has been a profitable venture for tech savvy entrepreneurs. Online Gaming & Casinos; Multilevel Marketing; Bad Credit Merchant Accounts; Moving & Transportation; TMF Merchants; Jet Charters; Educational & Seminars; Online Firearm Sales; Online Ticketing Sales; Debt Consolidators; Bail Bonds; Online Furniture Sales; Calling Cards; Travel & Timeshares; High-Ticket Accounts;. The original risk factors are gaming and gambling. 2. A high-risk merchant account is one that has been classified. 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. a tax id number. It supports businesses of all sizes, offering both standard flat-rate and interchange plus pricing. 7995 is classified as a high-risk business. sit in all of this? Despite being incredibly hesitant to embrace the. National Processing. com have become highly popular. Gaming payment processing typically involves a. If you are a business that needs a high-risk merchant account, then contact eMerchantBroker. Unfortunately I've never heard of this company before and couldn't find anything online. Some financial organizations can reject your business type for merchant. That's where gaming merchant accounts come in - they are designed specifically for businesses operating in this niche. Online Gaming Merchant Account Services. Gaming players invest a massive amount of money; thus, gaming platforms are a promising option to steal a lot of money through credit cards. 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. To process debit and credit card payments, these businesses require a specialized high-risk merchant account, acting as a protective shield against potential financial pitfalls. Online gaming is thus regarded as a high-risk industry. Setup your Gateway Today! 1 2. 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. 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. Online gambling is popularly known as gaming in the merchant service industry. They are annoying to merchants, and most of the time their fees come without warning. These industries include online gaming, adult entertainment, cryptocurrency. WebPays. Due to specific regulations and restrictions in certain states, online gaming is often classified as a high-risk venture. 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 Solutions for International Gaming Merchant. Social gaming merchant account solutions at 5 Star Processing. 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. com | High Risk Payment Gateway, High Risk Gateway. Travel. Advantages and Limitations of Stripe as a Merchant Account Provider. As it is not too comfortable to get a merchant account for your online gaming business. If the ratio of money-back incidents goes beyond the decided limit,. New merchants seeking for High-Risk Industry prospects can get an online gaming merchant account and make millions in no time. However, it is considered a high-risk business. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games. To lessen the burden on our clients, we provide an easy and organized application process to help you get your gaming or casino merchant account in a matter of days. Each type has its benefits and limitations and can be an important part of a chargeback management system. Actual games and tables monitoring; High Risk. Compared to other business types the gaming business presents a higher risk to the underwriter and that is why this merchant business is called high risk by banks and merchant account providers. For our high risk UK merchant accounts we offer: 24/7 Technical Support. Amald. 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. High-risk merchant accounts are necessary for these industries. The prevalence of credit card processing providers evaluates it as a high-risk industry because of. Locate the account application form/page. Some customers might join your gaming service or website for a bit and then. Published on October 26, 2021. So, why is this the case? High-risk businesses are rarely served by ordinary merchant account providers. 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. Merchants trading in online gaming requires an online gaming merchant account. We offer point-of-sale systems and payment gateways that are fully integrated. 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. It will involve continuous management of systems to ensure a secure and seamless checkout process. Laws differ between countries and states regarding what is legal in. It often means tougher-than-usual terms and higher fees than low-risk accounts. Sell online. – Sex Toys. 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. Our rates are competitive and affordable. Get the help you need to obtain a high-risk merchant account. 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. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. DHL only began delivering. Businesses should expect to pay 2% over the cost of traditional merchant accounts, while also anticipating 18-month contracts. To begin the process, you can apply online for a fantasy sports merchant account. Rely on the Instabill team to get you a high. The best small business merchant services accept all common credit cards, including Visa, Mastercard, and American Express. Consider the following services EMB offers: Merchant Accounts. Since Square’s mission is to equip merchants with all the tools they need to efficiently run their businesses, it has opened up its platform to like-minded partners striving to help other businesses streamline their day to day operations. One of the reasons traditional banks are wary of taking on eGaming accounts is because of the issues involved with chargebacks. Common examples of high-risk businesses include: travel. The online gaming industry typically has a high turnover rate. 5% - 5%. Or check it out in the app stores Home; PopularThe two highest-risk accounts are online gaming and adult material. Being a high-risk merchant doesn't mean there's anything wrong with your line of work, and it shouldn't hinder your ability to get a merchant account. What makes an Online Gaming Merchant Account? The online gambling industry has operated in legal limbo for years, though the grey area has become smaller. Fraud is a big problem in America. 2) High chargeback ratio. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. Travel. We…With the proliferation of high-risk verticals entering the marketing place, more merchant account providers have opened their doors to serve the needs of the growing number of high-risk merchants. Online Processing. 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. While a fantasy merchant account is a necessity, many fantasy sports companies struggle to access payment processing. Monthly fee: $10 to $45. You can even create follow-up campaigns and offer 2. As soon as. and therefore banks are a bit leery to take on gun merchants. They provide flexible pricing options, fraud prevention tools, and excellent customer support. Businesses in high-risk industries, such as online gaming, adult entertainment, and nutraceuticals, may have difficulty obtaining domestic merchant accounts. Gaming comes with the potential for. Despite its outset, it has grown by leaps and bounds into a multi-billion-dollar business. Higher payment processing fees. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. 2. Sell across channels. 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. 805. . Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. An online poker merchant account is a business account that supports poker merchants by allowing them smooth and flexible payment transactions. We have solutions that work for all types of businesses. 1) Online payments where the purchase is made via the Internet and not at a physical store. On other side of that coin, standard banks do not underwrite these accounts. Services to high-risk business owners are comparatively expansive than low-risk businesses. If you’re interested in high risk payment processing, consider turning to EMB, the #1 high risk processor in the US. com Home; About Us; Categories. These online merchants can have an extremely tough time finding a high-risk merchant account. While it is a thriving industry, the companies are considered high risk due to the chance for legal action in. Many PSPs consider the same merchant services for every business type. Online Gaming is considered to be a high-risk business and needs a merchant account to fulfill your requirements. Receive fast approval and start utilizing your high-risk merchant account today. Best high risk merchant. net, give you access to information regarding your new account. Slideshow 11067011 by HighriskThe world of online gaming has witnessed an unprecedented surge in popularity, captivating a diverse global audience. While online gambling is now highly regulated and organised, some financial institutions. Some customers might join your gaming service or website for a bit and then leave. Voted #1 high risk processor throughout the US, EMB offers unique payment processing services to its customers. These transactions tend to involve large sums of money, unfamiliar parties, or certain industries notorious for illicit activities such as online gambling, adult entertainment, and. Durango Merchant Services: Best For Offshore Merchants. In this comprehensive guide, we’ll delve deep into. For an instant merchant account quote, call us toll-free at 1-800-318-2713. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Not every online gaming platform can be considered high risk, as your area, the volume of your company and the risks it attracts make you a high risk brand. The online gaming industry is considered high risk because of its high average chargeback ratios (friendly fraud is rampant), legal gray areas (when gaming meets. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. This pricing is very good in the high-risk processing world. 4% for mid-risk transactions. What is iGaming? In contrast, “iGaming” typically refers to online gambling offered through casinos. Payment Gateways for Online Gaming. Our merchant account experts will answer your questions and send you a free adult merchant account application. Thankfully, there are specialized companies that cater to high-risk merchant accounts, perfectly suited for the gaming industry. In this case, Online. Specializing in providing high-risk merchant accounts for social gaming, We have been helping Casino , Gaming , Gambling & Poker Merchants. The vast majority of banks who are giving gaming merchants a credit line consider this factor high-risk. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Banks won’t onboard any business category that poses a high financial and reputational risk. Moreover, a high amount of money is involved in the transactions. Get started by applying for a Hungarian high risk merchant account today. PaymentCloud: Best for software integrations. Now! If you’re cleared about a high-risk payment gateway we shall move to the next part is an online gaming merchant account. Fast approvals in 24 – 48 hours. Gaming payment processing. Now in the 21st Century, people play on their smartphones and the pay-to-play game has burst into existence. Hillcrest Dr. Radiant Pay is the leading high risk payment processing, merchant account services and payments gateway solution provider in London UK. Chargeback protection. Merchants can get approved in as little as 24 hours. 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. After that, many things can happen. High-Risk Merchant Accounts face several unique challenges, including: 1. 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. If you are handy with techie gear, or are just looking for a new business venture, tech support operations are a great investment. com accounts is their high approval rates. And with lucrative benefits like large ticket processing. CNP, or card not present, fraud is still possible with EMV cards, and it is quickly becoming a hacker’s new way of getting. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. 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. In fact, some industries are deemed unsafe altogether. 3. There are a lot of steps to setting up a business. Account funding, stored-value card purchases, and prepaid loans (non-financial institution) 6540. Despite the status as a high-risk merchant account, it is possible to find a reliable and affordably priced payment processor for online gaming. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Getting an online gaming merchant account is not easy,. The players feel insecure for many reasons, but with the presence of well-equipped high-risk merchant accounts, it is simpler now to provide better safety to the players. High Risk merchants approved. Are you a business owner in a High- risk industry? If so, you may be wondering how you can secure payment processing services to keep your business running. 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. Purchase your next favourite publicationIn fact, even many of the International high risk merchant accounts will not underwrite Online Gaming businesses. As a result, nationwide online gaming is categorized as high risk. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. 100% of all merchants recieve their merchant account. Online gaming is on top of the competition these days, as just one online stream can earn you millions in a matter of h. Let Humboldt offer your. Some of the high risk industries they have worked with include: tech support, gaming, e-cigarettes, adult entertainment, nutraceuticals, gambling, and airlines, among others. Higher fees: Due to the increased risk, banks and payment processors often charge higher fees for these accounts. ePay Global have multifunctional processing system which can process over 200 currencies. Many small businesses have been taking their trades online to benefit from the huge online market. Once approved, EMB can also set up chargeback management tools and a payment gateway, along with a fraud filter for online payments. Many people find WooCommerce is the provider that best meets their business’s needs. Knowing that is how things stand, it is best to not waste time seeking partnerships with standard, low-risk. Even though merchants also enjoy the same benefits as households when they use credit cards, a good majority are still. Table Games and Poker. We have solutions for all sorts of. 1. 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. A high-risk merchant account is an account that allows businesses to accept payments from customers who have a very high credit risk. Whether or not you’ve started your penny auction website already, the damage is done. More and more high-risk businesses are getting. Therefore, you need a high-risk merchant account for your high-risk business. 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. It’s estimated 1. Well, traditional merchant accounts often shy away from working with high-risk industries like online gambling or game development due to their perceived risks. In the recent years, alternative payment processors like emerchantbroker. 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. 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. This blog gives an example of how we set up a gaming merchant account service and the steps we took. 1. Because different payment processors refuse to participate in high-risk business merchants. net to use them as payment processor. This could include industries such as adult entertainment, online gambling, pharmaceuticals, or even e-commerce businesses with a history of chargebacks. An online gaming merchant account is a customized merchant service that helps in online money collection. EMB specializes in all industries that are considered high risk. Instead,. 3% to 3. But it is no longer enough for businesses to be internet savvy, they must also be. We help companies who need to acquire an online gaming merchant account and run a sustainable business. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. The Importance of High Risk Merchant Accounts. A gaming merchant account is a bank account that lets you accept payments from customers using credit cards or debit cards. Visit the merchant account processor’s website. 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. The data breach incident sold customer details for £1 each in this scam. An online gaming merchant account is a business account used to process payments of the customers/players. Online gaming merchant. GENERAL INQUIRIES. As one of the most popular high-risk payment processors in the world, Segpay leads the way in online gaming credit card processing. S. While some things about the business are common-sense, such as knowing the product, other are not. 9 billion in 2016. Similar to most business services, the high-risk merchant account provider market is highly competitive. The bank then sends the information to the card issuer. Radiant Pay is a leading provider of payment processing solutions for online gaming in London. Gaming businesses are starting to understand the benefits of finding a reliable high-risk payment processor, and the sector is poised for further expansion. Stripe: Best for owners of multiple businesses and brands. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. In addition, fraud losses are said to have fallen from $18 billion to. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming merchant account. One essential service that top merchant services offer is credit card processing. But there are some surprising businesses that fall into the high-risk category. 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. 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. Find the Best Payment Processing Solutions in the Field True professionals in. Some common industries considered high risk include: Online gaming; Adult entertainment; Telemarketing; Travel; Timeshares; Nutraceuticals; High-ticket items; The Pros of a High-Risk Account. High-risk businesses should anticipate having to pay higher costs for rates and fees associated with payment services. Merchant Accounts for gaming industries are what you need that makes you able to accept credit or debit card payments. One can be located almost anywhere in the world and obtain credit card processing services for a casino merchant account. linkedin. High Approval Rates. Gaming Industry Merchant Services. What Makes a Gambling Merchant Account High-Risk? Most banks consider gambling “high risk. Be sure those online merchant servicers are actually true businesses. 95%. OFFICE ADDRESS. Nonetheless, we have a high endorsement rate for high risk merchants and offer. info@eskaypay. 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. Online gaming is an important sector of that market, with global online gaming expected to expand from 126 petabytes in 2016 to over 568 petabytes by 2020. The GBO team will be happy to assist you to open bank accounts to your gambling company. Hardware: Quote-based. This article will help your tech support company secure the merchant account and payment gateway it needs to operate smoothly and safely. The Payment Experts. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. For more information, please contact us at 800. Gaming merchants should deal with. Merchant Discount Rate (MDR) or commission rate. This is where you will log in to your control panel. 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. Here’s a snapshot of adult industries that use specialized payment processing: – Adult Bookstores. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Contact us. S. Bonus abuse is a more basic scam closely linked to multiple account fraud. These constraints pose difficulties to the ownership of a gaming merchant account. Our payment solutions for face-to-face, online, and mobile. 61 billion people worldwide purchased goods online in 2016. EMB is an award-winning merchant account provider that boasts an A+ rating with the BBB. High-risk merchant accounts are necessary for these industries. 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. However, to gain more clients having a bookkeeping merchant account allows clients to pay with their credit cards rather than having to take the time to write a check. The online casino industry is well-known as online gaming in the merchant service industry. The Subscription boxes are regarded as at high risk in the merchant account. See full list on forbes. Our high risk payment processing expertise can help your legal gaming business acquire merchant accounts and protect those accounts from excessive fraud using proprietary. Basically, it's just like a regular merchant service, but for the gaming. High-Risk International Merchant Account conducts your online business across the globe. When the customers subscribe to the digital television. – Webcam and Live Video Streaming Sites. High Risk Merchant Account ; International. These industries often involve increased potential for chargebacks, fraud, or regulatory issues. 20. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. 5. The gambling industry has seen a boom over the past few years. Internet gambling laws are murky in many regions and an increasing number of companies are registered offshore. High chargeback ratios. 4% for mid-risk transactions. But with us, you won’t need to be troubled. ChargeMoney is offering efficient and secure Travel Merchant Accounts tailored for businesses in the travel industry. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. Credit and debit cards are the next step in the development of the online gaming business. Some customers might join your gaming service or website for a bit and then leave. A payment processing platform may label you as high-risk for a variety of reasons. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. 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.