Online gaming merchant account high risk. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. Online gaming merchant account high risk

 
We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlesslyOnline gaming merchant account high risk  Since gambling is considered to be a high-risk-high-reward industry, it pays for online gaming companies to get their merchant accounts approved and ready to

– Online Dating. According to grandviewresearch, the online gambling market size was quoted at USD 57. 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. Acceptance of all major Credit. This allows high risk businesses to accept credit card transactions and other types of online. The digital gaming businesses usually have a high volume of turnover. 20. To locate the best possible provider for your business, you must perform sufficient research and locate the best possible service for your needs. Let us get you set up today. Were you born to gamble? You know, always making bets. When a bank or financial institution rejects a merchant account application because the business is high risk, it is often due to a number of factors, including the industry, a history of bad credit or no credit, and a reputation for high volumes of chargebacks and refunds. The high risk label of this type of businesses is partly associated with high chargeback rates. Create an online gaming merchant account with us. 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. 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;. Negative bank account. On the other hand, setting up an account with a payment aggregator usually requires very little paperwork. Though your online gaming site might not have any offshore locations, the industry is tabbed as high-risk. Online Gaming Digital Goods. Actual games and tables monitoring; High Risk. On top of that, they sport a credit score of only (718), while Baby Boomers average about $101,951 worth of debt and rock a credit score (782). Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions. It is highly important to look for a reputable processor in the field when choosing payment processing solutions for painting services. 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. Instead, companies that are specialists in managing high-risk merchant accounts are the right choice. Learn about online gaming merchant accounts, top high. The greatly high average credit card debt per household tells just how people love using these cards to carry out transactions. Despite achieving unbelievable profits, weight loss supplement. Persistent, well connected, and socially active business owners manage to successfully connect with their customers and other businesses on a daily basis. 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. EMB is an award-winning merchant account provider that boasts an A+ rating with the BBB. 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. Everyone needs tech support from time to time. Slideshow 11067011 by HighriskThe world of online gaming has witnessed an unprecedented surge in popularity, captivating a diverse global audience. While some things about the business are common-sense, such as knowing the product, other are not. Massively multiplayer online gaming (MMO), which includes games that can be played by hundreds and sometimes, thousands of players at a time, generated $19. By utilizing a third-party processor, the merchant is able. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa,. The issue does not come with the search, but rather obtaining outside funding. This is where you will log in to your control panel. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. You can even create follow-up campaigns and offer 2. Each type has its benefits and limitations and can be an important part of a chargeback management system. com Home; About Us; Categories. 2. A classic example of a high-risk online business is e-Gaming. The vast majority of banks who are giving gaming merchants a credit line consider this factor high-risk. Card-not-present or CNP merchants know that chargebacks may cause frustration and cost them a lot. For an instant merchant account quote, call us toll-free at 1-800-318-2713. Online Gaming Merchant Account Services. A high-risk merchant account is an account that allows businesses to accept payments from customers who have a very high credit risk. To complete the application process, you’ll need to provide various identification and paperwork. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. 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;. Authorize. 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. A high-risk merchant account is a label your payment processor has given your business. It has several beneficial features that run to complete operations faster. Due to the added risk factor of high volume sales, potential chargeback and refunds involved, high risk businesses in the UK have certain demands that need to be met with. The currency of your choice is delivered to your business. A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. ChargeMoney is offering efficient and secure Travel Merchant Accounts tailored for businesses in the travel industry. So that you can get instant approval from the banks. Some customers might join your gaming service or website for a bit and then leave. This will reflect a 37% growth all factors. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. Each type has its benefits and limitations and can be an important part of a chargeback management system. Generation X- ages 30 to 46- is thus far the generation that has the most amount of personal debt. High-Risk Merchant Accounts face several unique challenges, including: 1. Below is an inexhaustive list of each high-risk industry and its correlating merchant category code: High-Risk Industry (A-F) MCC. For our high risk UK merchant accounts we offer: 24/7 Technical Support. #1 PaymentCloud Strong Reputation For Fast Approvals. US and international merchant accounts. These are just a few of the accounts EMB approves for fantasy. com we can help make setting up your online tobacco store easy with our credit card payment processing. jakethad Feb 20, 2007 9:36 AM Your High risk merchant source! Lowest rates guaranteed and fastest service. 7 billion gamers worldwide. Dharma’s monthly fee is $20 per month. You can begin the process by just applying online now. Features to look for when choosing a gambling merchant account High-risk services and pricing. The gambling industry has seen a boom over the past few years. The 21st century has been marked by the dramatic rise of online gaming and digital goods, transforming them into multi-billion dollar industries. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment processing. High-Risk International Merchant Account conducts your online business across the globe. Low-risk merchants. 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. Many small businesses have been taking their trades online to benefit from the huge online market. Merchants can receive real-time alerts for all chargebacks lodged when. An online poker merchant account is a business account that supports poker merchants by allowing them smooth and flexible payment transactions. Nov 6, 2017 | High Risk, Merchant Accounts | 0 comments. 5% - 5%. A fraudster will open multiple accounts to take advantage of special offers. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. 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. On other side of that coin, standard banks do not underwrite these accounts. 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. Now! If you’re cleared about a high-risk payment gateway we shall move to the next part is an online gaming merchant account. com can help you get your business the proper credit card processing account. 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. Connected. One of the primary advantages of highriskpay. This includes CBD and Kratom businesses. Digital gaming is categorised as high-risk by most acquiring banks for the following reasons: High volume turnover. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. Creating an approved online gaming merchant account requires a high level of preparation from the high-risk merchant owner. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. Gaming players invest a massive amount of money; thus, gaming platforms are a promising option to steal a lot of money through credit cards. Step 1: A customer buys a product or service either online or in-store. Consider whether you need a multi-currency account, a high-risk merchant account, or specific features like an international payment gateway. com | High Risk Payment Gateway, High Risk Gateway. X. Click on the “account” buttons if you want to start filling out a free application. Scan this QR code to download the app now. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. 4. It’s also free of monthly fees. Beyond that, EMB can also set up a fraud filter for your online payments. 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. People could always find things that are new and might be more interesting to them after a while. As a result, trust and customer loyalty improve and, in turn, brings. If you think a merchant is selling any of these items, you need to take action before you get hit with fines and other penalties. E-Gaming Merchant Accounts. But there are some surprising businesses that fall into the high-risk category. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. EMB Makes It Simple. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. We guide online casino businesses in establishing accounts. Bonus Abuse. This pricing is very good in the high-risk processing world. Some financial organizations can reject your business type for merchant. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. That means that player payments get processed faster. We make payment processing for online gaming merchants as easy as 1-2-3 with our trusted network of offshore banks. Merchant Accounts for gaming industries are what you need that makes you able to accept credit or debit card payments. No set up fees for most merchants. Fantasy Sports is Considered a High-Risk Business. In the recent years, alternative payment processors like emerchantbroker. Online Gambling Merchant Services. Customers prefer the e-cigarette to actual cigarettes because they smell better and they taste just as good. The right card processor will be available to help you solve issues 24/7 through various channels. That is why it is highly important to search for a reputable payment processor that will get you a merchant account without major. The bank then sends the information to the card issuer. To do so, your business will need a merchant account. Hillcrest Dr. The gaming industry is considered high risk because it presents a higher risk to the underwriter. Stripe: Best for owners of multiple businesses and brands. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. Pre-screening process before getting a High-Risk Merchant Account. Many people find WooCommerce is the provider that best meets their business’s needs. 6. What is a High-Risk Merchant Account? An online gaming business merchant account is a good example of a high-risk account. Many card processing company and banks consider this as a high-risk. How much does a high-risk merchant account cost? Businesses with high-risk merchant accounts typically pay $100 per month on average. Navigating High-Risk Credit Card Companies in 2023. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. An online gaming merchant account from a high-risk merchant account provider can give you a way to process online payments without a bank or an electronic. Almost every household owned some sort of console. [email protected] You're Approved GET STARTED NOW ! About Us;. Other times merchants wish for a bigger standing in their industry. Because an online gaming merchant account permits gaming merchants to accept online payments quickly. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. We provide gaming businesses with local & international payment processing. 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. Or diversify accounts for backup and mitigation of processing risk. Offshore payment processors typically provide these high-risk merchant accounts in a foreign country. Including individual transactions and batch totals with comprehensive reporting tools. Consider whether you need a multi-currency account, a high-risk merchant account, or specific features like an international payment gateway. Gaming Merchant Account. Our wide network of associates enables our merchant account experts to find you a personalized credit card processing solution. Also included are some valuable tips to decrease the risk associated with the online payment process. Travel. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. Small businesses are on every city square in America. Beyond that, EMB can also set up a fraud filter for your online payments. 06 trillion US dollars by 2020. With the gaming merchant account setup, your business will gain more profits as compared to regular profits, and will be beneficial when you serve people in your local area. With a reliable gaming merchant account, online companies can make the most of their business. Gaming comes with the potential for. 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. Again, adult entertainment account and payment processing rates fluctuate with season. Unlike traditional processors, they are more willing to work with high-risk businesses. Payline data plans cost $$20/month plus. As it is not too comfortable to get a merchant account for your online gaming business. 50% + $0. With partnerships with more than 15 domestic acquiring banking partners, we are able to serve merchants in high risk industries as well as low risk, high volume, and low volume, and in-store or online. You can begin the process by just applying online now. What Instabill. High risk merchant accounts play a vital role in the success of businesses in high risk industries. Reputable payment processors like emerchantbroker. We specialize in offering tailor-made gambling merchant accounts through our gambling payment gateway which is designed specifically to businesses within online gambling, online casinos, sports betting, and e-gaming. It can be a beneficial and essential step to take by gaming. We offer point-of-sale systems and payment gateways that are fully integrated. Pros. Let Humboldt offer your. Towards the conclusion of the 20th Century, video games became a staple. Chargebacks occur when a customer disputes a transaction with their credit card company, leading to a refund. 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 laundering and fraud. According to a recent study, the online gaming market is projected to grow by $142. An online gambling account for merchants allows businesses to process digital payments online through a gambling payment gateway . 9 billion in 2016. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. Chargebacks And Disputes When customers file a. Credit and debit cards are the next step in the development of the online gaming business. A lot of standard merchant accounts have no contract. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. ePay Global have multifunctional processing system which can process over 200 currencies. Durango Merchant Services: Best For Offshore Merchants. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. A high-risk merchant account is a payment processing account for businesses considered high-risk by banks. 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. And with lucrative benefits like large ticket processing. Gaming Merchant Account. Square: Best overall. Despite this overwhelming number, there is some encouragement in that this number has decreased by 3% from the 13. Payment Gateways for Online Gaming. If you’re one of those involved into online gaming industry, you can also. 4% for mid-risk transactions. This has created a huge demand for weight loss solutions that include weight loss supplements, healthy foods and drinks, and more. The High-Risk Gaming Industry. 3) Travel Merchants. EMB has an A+ rating with the BBB and is voted the #1 high risk processor in the U. The merchant account should also include a high. Gaming merchants should deal with. In time, they will likely become more. That's where gaming merchant accounts come in - they are designed specifically for businesses operating in this niche. These online merchants can have an extremely tough time finding a high-risk merchant account. Our payment solutions for face-to-face, online, and mobile transactions will help you exceed your goals. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. Easy Pay Direct login gateway. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. These accounts function as a secure and reliable platform for processing online payments. Instabill’s high risk merchant accounts are established with offshore acquiring banks that are eager to work with dedicated, hard-working merchants. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. Additionally, you will receive a detailed fee schedule for all your transactions. The vast majority of banks who are giving them a credit line consider this factor high. Travel Merchant Accounts. Getting an online gaming merchant account is not easy,. This will allow you to continue doing business even in high-risk markets. In this day of high-speed communication and networking — credit card processing services have developed a high risk credit card processing program for just about every legal business. Talk to our representatives right away to discuss your options. Online gaming is divided into several parts like Casino, Gambling, Fantasy Sport, etc. Online Gaming Merchant Account is a high-risk account. Because an online gaming merchant account permits gaming merchants to accept online payments quickly. The Payment Experts. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. Click to continue reading gaming merchant account and high risk merchant account. This account is offered by an acquirer, a bank that is ready to work with a high-risk. 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. Luckily, PayMystic’s expanded network of banking relationships accepts the eGaming and eSports category and provides competitive rates, terms and conditions. Mobile gaming, social gaming, sports gaming and many other gaming merchants can avail a gaming. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. The acquiring banks consider the casino industry as high-risk. Visit the merchant account processor’s website. Chargebacks can ruin even a successful business. 1. The industry is constantly. As one of the most popular high-risk payment processors in the world, Segpay leads the way in online gaming credit card processing. WebPays. Payline Data provides merchant accounts with interchange-plus pricing. 1) Online payments where the purchase is made via the Internet and not at a physical store. Although, all the gaming merchants are considered as high-risk still all of them can qualify for a gaming merchant account. Merchant Discount Rate (MDR) or commission rate. Voted #1 high risk processor throughout the US, EMB offers unique payment processing services to its customers. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. 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. How much does a high-risk merchant account cost? Businesses with high-risk merchant accounts typically pay $100 per month on average. Many factors go into making e-Gaming a high-risk industry including chargeback disputes, complex legal issues, international clientele, risk of gambling addiction, and money laundering. 7% from 2022 to 2030. S. Common examples of high-risk businesses include: travel. 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. Thankfully, there are specialized companies that cater to high-risk merchant accounts, perfectly suited for the gaming industry. 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. Easily accept payments from players. 95%. Chargebacks – One of the main obstacles online gaming companies face when applying for a merchant account or payment service provider is chargebacks. High-risk businesses are no strangers to the unique challenges posed by the ever-evolving e-commerce landscape. Best high-risk Merchant Accounts for online businesses . net, give you access to information regarding your new account. Apply Now for a High-Risk Merchant Account. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Table Games and Poker. Certain industries, such as online gaming,. Purchase your next favourite publicationIn fact, even many of the International high risk merchant accounts will not underwrite Online Gaming businesses. Be sure those online merchant servicers are actually true businesses. Manage one-time and recurring billing so members can auto-pay on a set schedule. com accounts is their high approval rates. An online gaming merchant account is a customized merchant service that helps in online money collection. Below is a list of the top 10 biggest high risk merchant account industries. PayKings Provides Online Gaming Merchant Accounts. 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. Travel. and therefore banks are a bit leery to take on gun merchants. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. If you do business in one of these industries, you need to prepare yourself for the “risks” that may come along. In this case, Online. What sets high risk businesses. Find reliable solutions for your business needs. EMB specializes in all industries that are considered high risk. In-gaming Restrictions. Quickly send money to winners. The High-Risk Gaming Industry. Well, traditional merchant accounts often shy away from working with high-risk industries like online gambling or game development due to their perceived risks. 9. If you’re a merchant who is constantly on the go or lacks a brick and mortar location, a mobile card reader allows you to accept credit cards anywhere. 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. Bitcoin was leading what many thought of as a digital currency. The Best Merchant Account Service Providers of 2023. Get in Touch. Where does the U. These are important to look out for before giving green light to online gaming merchant accounts. com is rated A by Card Payment Options and is named one of Inc. And it is a primary truth of the payment industry. I recently got approved by Authorize. Ultra-high-risk industries (like adult, firearms, and e-cigs) can even see higher rates. The reason for this is that many of the transactions that come from gamers have a higher chance of being fraudulent. The best small business merchant services accept all common credit cards, including Visa, Mastercard, and American Express. Secure high-risk merchant accounts for online gaming and credit repair. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. For. As a result, nationwide online gaming is categorized as high risk. Thus,. Get the help you need to obtain a high-risk merchant account. Fees and Costs: Understand the fee. The industry is booming with so much growth and potential that it is expected to reach over 127 billion by 2027. Protect high-risk and adult gaming transactions with comprehensive fraud management. Chargeback Alerts. A new study by Experian shows that this generation has an average of $111,121 per person. Gaming businesses are starting to understand the benefits of finding a reliable high-risk payment processor, and the sector is poised for further expansion. Friendly & Professional. Nutraceuticals are tricky businesses to find merchant accounts for due to lack of health regularization by the government. Take that information and compare the costs against what you can find online. In addition, there are other risk factors that cause banks to avoid. The merchants are regarded as high-risk merchants by the acquiring bank. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. Some customers might join your gaming service or website for a bit and then. Why merchant account is important for online gaming? 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. Begin your search for a collection agency merchant account at your bank. Look for a processor that specializes in working with high risk merchants. Video gaming. 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. 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off-track Betting, and Wagers). Call us on (+44) 20 32862655 to get approvals, pre-approvals & expert advice. 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. – Webcam and Live Video Streaming Sites. EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB. Well, traditional merchant accounts often shy away from working with high-risk industries like online gambling or game development due to their perceived risks. 6% plus 10 cents, while the fee for a high-risk account might be 2. A high-risk merchant account is among the favorite targets of fraudsters for a data breach. Internet gambling laws are murky in many regions and an increasing number of companies are registered offshore. Luckily, companies that specialize in high risk merchant accounts are a perfect fit. 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. 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 laundering and fraud. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. Whether they involve dice, cards, or screens, games have always provided a distraction from everyday life. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. There is a range of rules and regulations surrounding gambling and online gaming businesses. Our Social Gaming Merchant Account gives real-time authorization response and multi-currency. 2. High-Risk Merchant Accounts. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Especially considered to be video games played online all over the world. For example, the type of industry, the industry's reputation, the place of your business, a higher chargeback ratio, higher return volume & higher chances of fraud, high ticket items, and bad credit scores are a few grounds to consider a business high-risk. High-risk businesses are rarely served by ordinary merchant account providers. To understand what happened to Michelle, first we need to understand exactly what a high-risk merchant account is. High-risk businesses can expect processing rates of 3. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. The bank then sends the information to the card issuer. Advantages and Limitations of Stripe as a Merchant Account Provider. 3% to 3. Establish a single online gaming merchant account. 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. 3 billion worldwide last year. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. In general, MCC codes are meant to safeguard processors and banks. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. A competitive payment processing fee for a standard retail small-business account might be 2.