The right card processor will be available to help you solve issues 24/7 through various channels. Many PSPs consider the same merchant services for every business type. PayCly is a pioneer in online high-risk merchant account services in Singapore. Among. gaming merchant account. For example, ecommerce brands can expect to pay 4% per transaction while dating sites are looking at 6% and IT support 10%. Lenders. Accept multiple currencies. EMB has an A+ rating with the BBB and is voted the #1 high risk processor in the U. 2. High number of chargebacks is also one of the most common factors that offend banks serving the gaming industry. Merchants can receive real-time alerts for all chargebacks lodged. Merchants should have high-risk gaming merchant accounts to operate their gaming business profitably in Bulgaria. After the application is submitted, it will go through the underwriting process. A High-Risk Merchant Account needs a payment processing solution for the generation of revenue. Banks won’t onboard any business category that poses a high financial and reputational risk. Online gaming merchant account demand has been on the rise over the recent few years. When you are ready to apply for a merchant account, turn to eMerchantBroker. and has the following features: Don’t have a processing history; More than 2% charge back; Working with regulation where regulation is needed; Serving international customers. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options,. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. Gaming is the definition of high risk and high return. Because this account is used for riskier business, it has more security. A lot of standard merchant accounts have no contract. An online tobacco merchant account provides customized payment processing solutions, along with chargeback management tools. Visit the merchant account processor’s website. Due to specific regulations and restrictions in certain states, online gaming is often classified as a high-risk venture. Merchant category risk is determined by assessing several factors, including the nature of the products or services being sold, the transaction volume and frequency, the geographic location of the merchant, and the history of fraud or chargebacks associated with the merchant’s business. Stripe: Best for owners of multiple businesses and brands. Gaming Merchant Account From EMB. The reasons are as follows: Online gambling businesses feature a high-volume turnover; Most gaming businesses are based offshoreIf you are a businessman, you can look for secure payouts through a high-risk gateway process. For any business that deals with a lot of transactions and operates in a high-risk category, having a merchant account is vital. 1. Especially considered to be video games played online all over the world. So, why is this the case? With an online gaming credit card processing solution and merchant account from BankCard USA, you can bypass the app store and so much more: Process all forms of electronic payment, including all major credit/debit cards and ACH transfers. In doing so, these providers enable businesses in. Dedicated to Providing the Best Credit Card Processing Solutions to Hard-to-Place and High Risk Merchants. Click any of the links above to begin comparing costs on merchant account services for your own business's. 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 a company is labeled “high-risk business” are a high chargeback rate and a high frequency of fraud. The digital gaming businesses usually have a high volume of turnover. Gaming Merchant Accounts. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. 1% for low-risk transactions. Besides these factors, there are several reasons why a high-risk merchant account provider can benefit Forex merchant. If a high risk business tries to get a low risk payment processor, there is a high chance of getting the account terminated at any time. High risk merchant accounts charge fees that are consistent with the services they provide to high risk. The vast majority of banks who are giving them a credit line consider this factor high. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. You can also contact us online. 4) E-Cigarette and Vaping Merchants. One problem the online gambling and casino industry faces is obtaining a merchant account, as acquirers are seldom willing to work with them, given the high-risk nature. As one of the most popular high-risk payment processors in the world, Segpay leads the way in online gaming credit card processing. Banks do this because they may become liable for charge backs or fraud made against a business. e. High-Risk Merchant Accounts. Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. High-Risk Merchant Accounts in Europe for Online Business. According to Lending Tree, 42% of Americans were denied a financial product, including personal loans, credit cards, and payment card processing services, over the past 12 months for credit history reasons. Instant Approval. This credit card processing option enables you to succeed. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. 500’s Fastest Growing Companies of 2016. com offers. Since the COVID-19 lockdown, interest in o. Traditional gateways won't touch risk. Scan this QR code to download the app now. iPad. For more than 20 years, PaynetSecure has provided merchant services to companies in the US and throughout the world. QuadraPay brings to you high-risk IBANs, and SEPA accounts for gaming-related merchants. EMB specializes in all industries that are considered high risk. Segpay Carat Online Gaming Merchant Account Services As one of the most popular high-risk payment processors in the world, Segpay leads the way in online gaming credit card processing. Search for a provider with extensive experience serving the online gambling industry. High-Risk International Merchant Account conducts your online business across the globe. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Similar to most business services, the high-risk merchant account provider market is highly competitive. Merchant Services; High Risk Merchant Accounts; POS System for Small Businesses; Mobile Credit Card Processing for Small Businesses; Industries; Net 30. In the recent years, alternative payment processors like emerchantbroker. A merchant chargeback is a dispute initiated by a customer regarding a transaction that they believe was unauthorized or fraudulent. EMB is voted the #1 high risk payment processor in the US. Moreoer, it is a secure. 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. This feature combined with the real-time processing feature results in merchant services that. Using the best high-risk credit card processing goes far beyond just the setup. We are experts in high risk merchant accounts for businesses in online gaming, cryptocurrency, Forex, and more with a PCI-compliant high-risk payment gateway. We can provide full merchant services for all your needs. info@eskaypay. 1. Even if these merchants find a “high risk payment processor” they can still frequently deal with holds or freezes on their money and shut down merchant accounts . This pricing is very good in the high-risk processing world. Low Credit Score, you are considered a high risk merchant if your credit score is low as there are possibilities that you find it hard to repay your negative balance. With an online gaming credit card processing solution and merchant account from BankCard USA, you can bypass the app store and so much more: Process all forms of electronic payment, including all major. Despite these challenges, businesses need not. com have become highly popular. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options, eMerchantBroker. High-risk merchant accounts can vary due to industry specific requirements. Contact. They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. Our wide network of associates enables our merchant account experts to find you a personalized credit card processing solution. Merchant Stronghold specializes in high risk and offshore merchant accounts. At Corepay, we proceed with caution when it comes to this industry. If your company is in need of a high risk merchant. Fees also vary by provider and in most cases, pricing is set individually for every merchant. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. Learn about online gaming merchant accounts, top high. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. net, give you access to information regarding your new account. 5 percent. com, a reputable payment processor that specializes in the high risk sector? EMB is voted the nation’s #1 provider of high risk merchant services. Bank accounts for Startups companies; Best Business Bank Accounts for Online Business 2023; Affiliate Company Formation and Affiliate Bank Account Opening; e-Commerce Company formation & Banking solutions; Feelancers Financial Solutions; High-Risk Merchant Accounts in Europe for Online Business; Knowledge center; About us. Fantasy Sports is Considered a High-Risk Business. The company has a positive reputation for transparent customer service and reliable support. You can safeguard your payment processing via. National Processing: Best For Clover Processing Hardware. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. Low-risk merchants. Square: Best overall. 7995 is classified as a high-risk business. The accounts that we are providing include High Risk Merchant Account, high risk pharmacy merchant account, and High Risk Gaming Merchant Account. In the industry of gaming, a merchant account is essential. High Risk Merchant Accounts: What Makes A Business "Hig…A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be. What is a High-risk Merchant Account? Oct 11, 2023 The Complete Guide to Online Credit Card Payment Processing Sep 30, 2023. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. High chargeback ratios. How to apply for a Gaming Merchant Account. MOTO Merchant Account. Low-risk rates, as low as $99 per month and $. Payment processing fees: 2% to 3. Merchant Category Code. Create an online gaming merchant account with us. National Processing. When you have a designated bank account for your business, it speaks volumes about the seriousness of your business. 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. Stricter terms. Chargeback Alerts. 61 billion people worldwide purchased goods online in 2016. An online casino merchant account is a special type of account designed to cater to the payment processing needs of high-risk industries like online gambling and gaming. High-risk merchant accounts typically charge higher fees and. Specializing in providing high-risk merchant accounts for social gaming, We have been helping Casino , Gaming , Gambling & Poker Merchants irrespective of their Licenses, Incorporation and business sizes, We have ready solution for all categories of Casino , Gambling Merchants whether they are startup or big established name in the. High risk merchant accounts are designed to accommodate businesses that are financially unpredictable, prone to chargebacks or pose a certain degree of potential loss to merchant service providers and banks. A high-risk merchant account is a payment processing service that is provided for businesses that financial institutions have categorized as riskier than standard merchant accounts. 95%; 24/7 customer service; Gambling/Gaming Merchant Account Regulations. Online Casinos. They provide flexible pricing options, fraud prevention tools, and excellent customer support. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. Fees. Banking For Nearly Every Vertical – We offer merchant accounts for almost every vertical, including high risk merchants and much more. High Risk Merchant Account; Contact Us. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. Gaming merchants should deal with. Choosing the Right High-Risk Merchant Processor. Best high risk merchant accounts at a glance. There are many laws that prevent online gambling that businesses have to abide by. A high-risk merchant account is a label your payment processor has given your business. A typical issue in a gaming merchant. 2) Adult Entertainment Merchants. We offer. Approval. The merchant account provider will usually require a high-risk account to process these payments. There are many reasons why a business may be considered high risk. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. There are tons of high-risk merchant services providers out there, so it’s. The gaming industry is considered high risk because it presents a higher risk to the underwriter. In 2019, merchants will need to remain vigilant in not allowing their. 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. All they want is to avoid the risk. 5% - 5%. Firearms & ammo. High-risk merchant accounts: Charge higher processing fees. Some examples of high risk merchant account providers include Durango Merchant Services, EMB, and High Risk Solutions. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity. You are boosting your sales up to 70% higher. Square: Best overall. Determine the services you require: Ask yourself which payment card network you will be accepting payments from. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. High-Risk Merchant Accounts in Europe for Online Business Forex, brokers, financial planning, strategy or consulting eGaming – online gaming, online casinos, bingo, sports, lottery etc e-Commerce low-risk to high-risk Gaming Tech Exporting services Tech ad Affiliates The options regarding setting up a company in one of these. Due to this reason, most of the acquiring. Property Management. MOTO Merchant Account. Low-Risk Merchant Accounts. financial risk involved. Your social gaming merchant account may be able to accept payments in the world’s most popular currencies. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. Outbound Telemarketing (card-absent) MCC 5968. Locate the account application form/page. As long as your chargeback rate is below 3%, emerchantbroker. Fraud Prevention: Choose processors equipped with. Moreoer, it is a secure. To locate the best possible provider for your business, you must perform sufficient research and locate the best possible service for your needs. As a kicker…. Authorize. Health supplements. Proceed With CautionGaming Merchant Account Solutions for International Gaming Merchant. This doesn’t mean that they are not obtainable, though. Published on August 17, 2017. Gaming payment processing. Approvals typically take less than 3-5 days! High Risk Credit Card Processing. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Whether they involve dice, cards, or screens, games have always provided a distraction from everyday life. In the gaming industry, customers may dispute or reverse their transactions due to various reasons such as dissatisfaction with the game outcome or. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. And it is a primary truth of the payment industry. At EMB, we have made getting a fantasy merchant account quick and simple. Stax: Best for avoiding transaction fees. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. Company Registration. The Benefits of High-Risk Merchant Accounts: 1. Chargeback Alerts. No set up fees for most merchants. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. Increase your earnings with the best gambling merchant account from High Risk Solutions. comExpert Merchant Services For E-Commerce Businesses Payment Processing and Merchant Account Solutions. Credit card. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. However, this code is reserved for extremely high-risk merchant accounts associated with online casino operators, lottery outfits, and sportsbook wager companies. Online Gaming Merchant Account. What is a High-risk Merchant Account? Oct 11, 2023 The Complete Guide to Online Credit Card Payment Processing Sep 30, 2023. High Risk Solutions has relationships with numerous banks, both offshore and domestic, and has been providing credit card processing services for businesses since. The bank then sends the information to the card issuer. 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. Merchants that are commonly referred to as high risk include travel, gaming, multi-level marketing companies, direct marketing, collection agencies, online dating, web-based pharmacies, and other eCommerce businesses which accept credit cards over the telephone and online rather than in person. The Best Merchant Account Service Providers of 2023. It’s tabbed as high risk by most card processing providers. It’s also another one, like the cannabis industry, that has a difference of opinion between state and federal laws. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. MLM. Instead, find an excellent high-risk merchant account processor such that of Allied Payments. Why do you need a high risk gaming merchant account? Gaming businesses need to have the proper payment solutions for their customers. Merchant account providers can add their own characteristics to the list, but here are a few that will characterize your business as high-risk: $20,000 or more in monthly sales. 2) High chargeback ratio. Getting rid of all scams and chargebacks is now easy with our services. Easy Pay Direct offers Transaction. Step 1: A customer buys a product or service either online or in-store. High-risk businesses typically require higher fees and. Contact us and get. If your business runs an online casino, game or competition, Payed can provide suitable payment processing and merchant accounts - directly connected to our. In the end, Merchant Stronghold has the expertise, and experience in high-risk merchant account payment processing that can provide solutions to all of these sectors and more. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. Enquiry Now. One of the primary advantages of highriskpay. Direct response. However, with high risk does come high reward. You can generate payouts without a hamper once you associate with us. As a result, trust and customer loyalty improve and, in turn, brings. 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. High-risk transactions often require additional scrutiny, security. They games deal with many, low-cost transactions that need to be approved in real time, so it does not ruin games for players. 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. Having a high risk merchant account simplifies and streamlines your high risk processing needs. Online Gaming Chargebacks. It gives merchants a unique login with order tracking, sales management, inventory, and payments. To complete the application process, you’ll need to provide various identification and paperwork. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. Even though online gambling has become a big and profitable part of the gambling industry, many banks and other financial institutions still stay away from it because of the high risk. There are several type of fees attached to accommodate to the financial loss from the Acquirers. The digital gaming industry has a high volume turnover. Instant Approval. Choosing the Right High Risk E-Commerce Merchant Account. We are your credit card. EMB works with new and existing businesses, high risk merchants, merchants that have been rejected or terminated by other processors, as well as those with bad credit, no credit, or a history of excessive chargebacks. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. ltd for a Gaming Merchant Account. Payment Processing for Gaming Merchants Jun 29, 2023. Overdue payments and bills. Issuu Store. These accounts are ideal for businesses that offer online gaming services, such as casinos, sports betting, fantasy sports, and more. The Best Gaming Merchant Account Providers Games are inherently a part of human existence. On other side of that coin, standard banks do not underwrite these accounts. 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. Payment processors that offer high-risk merchant accounts understand the unique challenges faced by high-risk merchants, such as an increased likelihood of chargebacks or fraud. Navigating High-Risk Credit Card Companies in 2023. 1) Online payments where the purchase is made via the Internet and not at a physical store. Hardware: Quote-based. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. 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. Credit card. eMerchant Broker, also known as EMB, is a collective of high-risk merchant account specialists serving the cannabis, e-cig, adult entertainment, gaming, and dozens of other industries. If you are a legally licensed merchant who owns an online casino or online gaming website. i. 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. Your high-risk merchant account provider should offer personalized features to your business to best address the various obstacles that you encounter. High-risk merchant accounts are for businesses that have a high rate of a chargeback, legal issues, or other problems that increase the likelihood of nonpayment for products or services rendered. Receive fast approval and start utilizing your high-risk merchant account today. 06 trillion US dollars by 2020. Leap Payments Helps Overcome the Obstacles. 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. Or check it out in the app stores Home; PopularThis is where online gaming merchant accounts come in. In most cases, a high-risk merchant account can be approved within 3 to 10 business days of a complete application packet being submitted to underwriting. If you are about to launch an eCommerce business, it is without question that, in order to remain profitable, you will need to be equipped to accept credit and debit cards as payment. 9% for all total transactions. 100% of all merchants recieve their merchant account. Follow these five simple strategies to get you in the best shape to get the supplement company merchant services you need. The gaming industry is a fast-growing industry and has enormous potential growth shortly with the evolution of technology and so the gaming. GSPAY is a little-known high-risk merchant account provider that offers a variety of fixed rates for different types of businesses. The exception is for high-risk merchants, where the additional underwriting required to approve an account sometimes justifies paying a setup fee. Create an online gaming merchant account with us. This will reflect a 37% growth all factors remaining constant. Why Choose TouchSuite for a High-Risk Merchant Account? Expertise in High-Risk Industries At TouchSuite, we understand the unique challenges faced by high-risk businesses. International Access. A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. Get started or call us today at (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 three-to-six-months. Nutra Merchant Account. The more chargebacks that come with a business, the higher the risk. Avoiding fraud. When a business obtains a high-volume merchant account, they must be able to accept credit card payments from customers. EMB is the #1 solution for high risk merchants, providing a quick and easy application process that gets your business up and running in less than 48 hours. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. Because of the legality issues and the high chargeback ratio of many online casino and gaming platforms, these accounts are considered to be high risk. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. Fill in all the required fields. As experts in challenging and hard-to-place merchants applying for payment processing, we’re here to get your business pre-qualified and approved with a high risk merchant account and the best US and International banking solutions catered specifically to your business needs. When your business has been labeled a high-risk merchant account, you will almost always pay higher processing fees. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. Websites with Money Prizes: VISA without a license will use MCC 7994 or 7999Low-risk rates, as low as $99 per month and $. 3. Open your high-risk merchant account with the right partner. com | High Risk Payment Gateway, High Risk Gateway. If you’re ready to partner with an industry-leading provider and set up a dating merchant account, contact our team today. This account is offered by an acquirer, a bank that is ready to work with a high-risk. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. This will make tracking sales easier and less stressful for the business. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. “ Few mainstream banks are willing to allow their customers to run online gambling business accounts due. Dharma’s monthly fee is $20 per month. Getting a gaming merchant account in Bulgaria can take a lot of work for the. 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. EMB specializes in all industries that are considered high risk. 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. These online merchants can have an extremely tough time finding a high-risk merchant account. com is rated A by Card Payment Options and is named one of Inc. The digital gaming businesses. We are a financial advisor delivering high-risk payment gateway solutions to businesses labeled as high-risk such as online gaming, tobacco, adult services, etc. Nonprofits. Related: A complete guide to choose the best high-risk merchant account. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. High Excessive Chargeback Merchant: The merchant has a minimum of 300 chargebacks, resulting in a ratio of at least 3 percent. Click to continue reading gaming merchant account and high risk merchant account. One of the essential parts of the setup process is getting a high-risk merchant account for. However, if you find that acquiring a high risk merchant account or using a dedicated payment gateway is not feasible for your business at this time due to various reasons such as cost or industry. Businesses should expect to pay 2% over the cost of traditional merchant accounts, while also anticipating 18-month contracts. This label is often due to the. Merchants that are commonly referred to as high risk include travel, gaming, multi-level marketing companies, direct marketing, collection agencies, online dating, web-based pharmacies, and other eCommerce. You can even create follow-up campaigns and offer 2. All businesses are examined equally, but high-risk merchant accounts are given closer examination. ”. 3) Industry is considered low-risk, such as retail. As a kicker…. Authorize. Fast approvals in 24 – 48 hours. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. Monthly fee: $10 to $45. They are a payment processing and merchant services provider offering business funding, chargeback protection, check processing, merchant accounts,. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. Stripe: Best for owners of multiple businesses and brands. These…If you are running any type of gaming or gambling business. When searching for a high-risk merchant account, processing limits are a crucial factor to take into account. Gaming Merchant Account is the Best Solution for your Online Gaming BusinessesWhat You Need to Know About High-Risk Merchant Accounts. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. 000 euros. With an online gaming merchant account, your firm will. The first step in building a solid plan is to add a “comprehensive digital element” to existing, physical vetting methods. 4% for mid-risk transactions. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. 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. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. Consider the following services EMB offers: Merchant Accounts. High-risk businesses can expect processing rates of 3. 6. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. Fantasy sports and online gaming: 7995: Financial investments and securities: 6211: Firearms and accessories: 4214: Foreign exchange and currency exchange: 6050:. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. The gaming business merchants proffer all kinds of gambling in the form of casinos, sports wagering, online poker, online bingo and. Digital gaming is categorised as high-risk by most acquiring banks for the following reasons: High volume turnover. Click on the “account” buttons if you want to start filling out a free application.