We can assist you to find solutions for the gaming industry including:
- Gaming merchant accountme
- Gaming payment processing
- Gaming payment gateway (B2B payment gateway for gaming platforms and white label companies)
GBO works with some of the top European and Chinese banks in order to offer gaming and casino companies the best merchant account solutions on the market. As mobile app games that are integrated with smartphones grow to be more and more popular, using a credit card becomes the natural choice of payment method, making it crucial for gaming companies to set up high-volume merchant accounts. Apply today and you can be up and running in as little as 48 hours, with minimal application restrictions.
Payment gateway solutions are comprised of many PSPs, granting you access to over dozens different payment options, allowing your customers to be able to deposit their funds irrespective of their financial institution.
If you have a casino or online gaming company, being able to process credit cards reliably, accept payments in all major currencies, having a low rate on card rejection and being able to receive reports and weekly payouts becomes an essential part of your business’ success. Unfortunately, finding a payment processor that can do all this is not easy and having a processor which can also allow multiple same day transactions by a single cardholder and does not require 3DS verification, all at a reasonable price can be even harder accomplishment. The good news is that even though it may be difficult to find the perfect payment processing partner, we have found some excellent choices to meet your business’ needs. There are several good options for online casino websites. These providers consistently hold chargeback rates of less than 4%, allow high volume, high velocity and serve high ticket online casinos. These solutions can also be individually customized to meet your online gaming company’s specific needs.
Have you ever thought of running your own payment processing gateway? Fully integrated with a white label solution and offer payment gateway solutions to your brands and operators. Provide clients with a wide range of transaction data, reporting and billing statements with the advanced technology available from a white label payment gateway. Give your clients the tools they need to run a successful business, by offering them the opportunity to monitor transactions, chargeback ratios, and approval rates. Additionally, give them access to fraud analysis and other transaction analysis reports. Read and learn all you need to know about our white label payment gateway.
We will help you to find a bank so you will be able establish your very own merchant account in a top European acquiring bank and provide you with a high approval ratio, fair rates and a comprehensive customer support.
A lot of payment processors out there are staying clear from approving Gaming Merchant Accounts for gambling related businesses. Likewise, it is becoming increasingly difficult for gaming operators to obtain a Gaming Merchant Account from the many domestic merchant account providers and banks. However, our solutions often appear immune from these widespread difficulties, as we are a trusted body in approving merchant accounts for gaming companies. Thankfully, these issues are not a problem at GBO!
The gaming sector is fast paced, extremely competitive and saturated and with no signs of slowing down, retaining clients can sometimes be a challenge. You may have put forward a great effort and invested significant funds to attract clients to your website. However, since customer acquisition has become increasingly difficult and the cost per acquisition has become extremely high, being able to convert and retain these clients has taken on paramount importance. Therefore, having a secure and robust payment processor to support your efforts is key.
Why are Online Casinos Considered High-Risk?
Due to the industry’s highly regulated nature, which varies from one country to the next and even within regions inside the same country, the online casino and gaming industry is considered extremely high risk from the payment processing standpoint. Online gaming companies face unique legal and logistical challenges, which vary between jurisdictions where operators wish to conduct business. Online casinos also tend to have high tickets combined with high chargeback levels. For these reasons, low risk processing banks will shy away from serving merchants navigating these complex situations. While banks which do offer service to high risk businesses or offshore banks are few and far between. In the case of cascading chargebacks, a sponsor bank can become liable. 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. Not surprisingly, processing banks tend to avoid the high risk scenarios. Having said that though, there are many great options when it comes to finding a credit card processing solutions for responsible online casino operators.
For MasterCard and Visa, gambling and gaming merchants are both considered high risk merchants not only due to their potential for fraud and chargebacks, but also due to the legality of the service they provide.
Online casinos, poker and betting machines are considered particularly risky and complex by credit card processors and as such, only few processors offer merchant accounts to the online gambling and gaming industries for them to process payments.
We offer to assist with finding and locating credit card merchant account services through processors which have an appetite for the online gaming or gambling industry and which are better suited to meet the demanding needs of these merchants.
Online casino Merchant Account
The Merchant Shop offers casino merchants an ideal solution for credit card processing that is fast and reliable. We offer merchants in the casino industry, the payment gateways they need in order to run their business worldwide. The Merchant Shop knows how hard it can be to find a casino merchant account that will approve a business with a high chargeback rate. Our acquiring bank partners work with high risk merchants daily and know how to get your online casino businesses approved.
Online casinos may have odds rivaling those of the Vegas Strip, but many banks don’t like the odds against them and mark online casinos as high-risk businesses, so finding a credit card processor may become a burden. For a legitimate online casino, earning a client’s trust is just as crucial as earning money and being able to reliably charge their cards so they can fund their accounts is key. We can help your online casino business establish a merchant account and get your customers playing from the comfort of their homes in no time.
Because we know online casino merchants have the potential of becoming big players in the gambling industry, we work with acquiring banks that have less stringent underwriting policies in order to provide payment solutions to this industry. Our banking partnerships and network enable the online casino merchants to set up service with offshore and high risk merchant accounts.