The global market for online gambling is growing rapidly. In 2022, its value was $63.53 billion. The market is forecast to grow to $70.64 billion in 2023 and exhibit a CAGR of 11.7% from 2023 to 2030.
The UK has a dynamic and lucrative online gambling business, but it also comes with particular challenges. Among them, payment processing solutions are sorely needed. Because of fraud, chargebacks, and regulatory compliance, high-risk industries such as online gambling tend to avoid traditional payment processors.
Radiant Pay specializes in providing UK-based gambling businesses with dependable gambling merchant account solutions. We know how complicated an online gambling site is and all the problems you face, including
High-risk designationFraudulent activityChargeback managementRegulatory complianceWe design accounts specifically for gambling businesses, ensuring they perfectly align with your unique needs and transaction volume.
Integrate our solutions flawlessly with your existing platform for a smooth user experience for your players.
We prioritize industry-leading security measures to minimize fraud and chargebacks, protecting both your business and your customers.
Our team of experts provides ongoing support to ensure your transactions comply with UKGC regulations.
Radiant Pay is a leading provider of high-risk merchant account solutions in the UK, specializing in the online gambling industry. We understand the specific needs and challenges faced by online gambling businesses and offer tailored solutions to help you thrive.
Deep Industry KnowledgeStrong Partnerships
Tailored Solutions
Robust Security
Expert SupportThe online gambling industry faces several challenges, including
High Chargeback Rates
Online gambling transactions are often prone to chargebacks due to disputes or fraudulent activities.
Complex Regulatory Environment
Gaming regulations vary across different jurisdictions, making it difficult to comply with all requirements.
Risk Perception
Payment processors may perceive online gambling as a high-risk industry, leading to stricter underwriting criteria and higher fees.
We can help you overcome these challenges by providing
We work with trusted payment processors to ensure seamless and secure transactions.
We implement effective chargeback prevention and management strategies to minimize losses.
We stay up-to-date with the latest regulations and help you maintain compliance.
We employ advanced fraud prevention tools and techniques to protect your business from fraud and chargebacks.
Contact Radiant Pay today to discuss your specific needs and explore our high-risk merchant account solutions. Our team is committed to providing you with the support and expertise you need to succeed in the competitive online gambling market.
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