Is age verification mandatory for Skill Games and Competition Merchant Accounts?

QuestionsCategory: Skill Games and Competition Merchant AccountsIs age verification mandatory for Skill Games and Competition Merchant Accounts?
Bankim Chandra Staff asked 4 weeks ago
1 Answers
Bankim Chandra Staff answered 4 weeks ago

Yes. The age verification helps you to ensure that the card holders are of or above the minimum age that is permitted as per the industry and card schemes. Most of the times the age verification in the skill gaming industry is needed. Only 18+ People should have access to the Skill gaming package purchase. Does not matter if it is an online or offline skill gaming project. However again it depends a lot on what kind of skill gaming is that . Why people pay. Who pays. This is why almost across the globe merchant account providers evaluate each application on a case by case basis.

Entrepreneurs in this industry should check industry regulations and also see the competition sites and decide accordingly. Also asking the question to the processor where you wish to apply is not a bad idea.

These days high risk merchants require stringent compliance commitments and that is why lot of solutions are available in market, These include tools to verify the KYC and also awesome age verification plugins for various CMSs.

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