Online gaming has had exponential growth over the years and is only expected to gain more popularity as a constantly expanding business. According to the data, global online gaming traffic is expected to increase continuously, demonstrating that users are willing to keep playing.
Traditional banks won’t risk casinos or online gaming, despite the fact that all signs point to these industries being profitable. Banks are apprehensive about working with the online gambling sector because of the industry’s history, background, high chargeback rates, and legal worries resulting from ambiguous legislation.
Companies should use Radiant Pay to acquire casinos and an online gaming merchant account in order to process credit card transactions effectively and efficiently. Radiant Pay specializes in offering the most b for social networks, MMOs, and online casino accounts. Radiant Pay can offer tailored processing alternatives to businesses of all shapes and sizes.
You can apply online right now to start the process. Within 24 hours, merchants can receive approval for a casino or merchant account for online gaming. Radiant Pay can set up chargeback management software and an online payment gateway once they have been approved. For online transactions, a fraud detection system is also an option.
Merchant Accounts Are For All Sizes Of Gaming And Online Gambling Businesses
In the online gaming and casino industry, Radiant Pay offers merchant accounts to a range of businesses, including:
- Casinos
- Lotteries
- Mobile gambling
- Mobile gaming
- Poker online
Along with the businesses listed above, Radiant Pay also works with startup and established businesses, merchants who have been rejected or closed by another card processor, as well as firms with a history of excessive chargebacks or negative credit.
What Is Necessary To File An Application For An Online Gaming And Casino Merchant Account?
A business must complete the online Radiant Pay application in order to obtain a casino account or a merchant account for online gambling. Merchants must make the following items accessible to processors and underwriters in addition to the application form and a functional, secure website.
- a government-issued, legal ID, such as a driver’s license
- a printed-and-voided banknote, or a checked check
- three months from the most recent bank statements
- The EIN (Employer Identification Number) or SSN (Social Security Number)
- Chargeback rates ought to be under 2%
Although Radiant Pay cannot promise acceptance, it can guarantee a quick and straightforward application process. Within 24 to 48 hours, the merchant accounts will be approved.
Start Your Casino Or Gaming Merchant Your Account Is Set Up In Just 48 Hours
The definition of high risk and high return is gaming. Anyone who is aware of how much risk there is in the industry shouldn’t be surprised that banks are reluctant to provide merchant services for internet casinos. The high number of chargebacks and disputes is another reason why banks avoid using traditional merchant service providers.
The Radiant Pay service can offer you a merchant account that can be tailored to your high-ticket or high-volume demands if your casino or gambling business can maintain an average chargeback of less than 3%. Your electronic payment processing will be efficient and seamless if you use merchant accounts that are specifically created to meet the nature of your transactions. So start having fun and utilize our services right away. Your merchant account can be set up by us.
- Competitive prices
- Safe Payment Gateway Alternatives
- Multi-currency support
- Payment Consultancy
Are you looking for a Casino and Online Gaming Merchant Account? To learn more about our services and to open a merchant account for your business, feel free to get in touch with us at https://radiantpay.com/contact.html. Understanding the client’s business needs, identifying suitable payment options, and actively participating in the choice of a Payment Service Provider that is best suited to the merchant’s requirements are all part of our consulting services.
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