Now Get Gaming Merchant Accounts From Tier 1 Acquiring Institutions
QuadraPay brings to you No Tantrum Gaming Merchant Account. Accept credit and debit cards for egaming business. The gaming industry is more significant than the global box office industry, and we understand this well. Our credit card processing partners work with hundreds of large gaming clients worldwide. Our Gaming merchant accounts come with built-in fraud reduction tools. These AI-powered tools help merchants reduce loss. Subscription, cascading, and intelligent routing features helps in increasing the conversion.
QuadraPay. Eliminating Critical Issues Of Igaming Businesses With Gaming Payment Gateway
There are multiple benefits of working with direct gaming processors. Merchants get more features and pay significantly low transaction fees.
The indirect solutions are not even close to the extraordinary level of the customer experience offered by Tier 1 processors. Our solution is the resolution to both problems.
Functional Gaming Payment Processing. Accept All Major Cards & APMs.
Since the solutions are from direct gaming acquiring institutions, qualifying merchants can access almost all major card schemes. However, is only card processing enough for gaming entrepreneurs? Our answer is no. APMs for gaming and other alternative methods like cryptocurrency is gradually becoming a competition for card schemes. The objective is to provide a full range of payment methods to gamers. This way, merchants see a more considerable number of transactions and more profits.
VR, AR & MR Ready Gaming Credit Card Processing.
The gaming industry has seen massive transformations in the last 30 years. The transition from 8-bit games like Mario, Pack-man, Tetris to CG based FIFA, wow, the journey has been breathtaking.
The iGaming entrepreneurs of 2022 have already started implementing Immersive Technologies like VR, AR and Mixed Reality in their current projects. Traditional payment gateways are not good enough, and these merchants require highly accurate and lightning-fast transaction processing solutions.
Our egaming payment gateway is highly recognised and can cater to the mission-critical requirements of visionary merchants. Here are some of the key features that our solutions offer.
Connectivity With Various Tier 1 Gaming Friendly Banks.
Very crucial as not many banks say yes to gaming merchants. Banks that love working with futuristic gaming websites and applications are behind with the gateway. These acquiring banks have tremendous experience in supporting the specific requirements of various gaming sub-sectors. These Banking partners can help merchants with payment acceptance and business bank account and wire solutions. Merchants with local gaming licences in the EU/EEA get access to more significant traffic.
Future Ready Highly Responsive Interface For Mobile And Cloud Gaming.
The merchant interface and the user checkout modules are highly responsive. They use adaptive technologies to improve customer satisfaction and engagement. Gaming merchants can modify CSS settings to relate to the brand guidelines of the gaming project. Advanced JSON API offers tremendous integration flexibility, also popularly called cut and paste API.
- Top Quality Cashier Saas Integration Ready.
Our solution connects with well known and industry-leading cashier saas solutions for intelligent routing. Large volume gaming clients use this for smartly routing transactions to specific mids as per the user’s card type. This feature helps merchants define the payout rules, save time and human resource cost, and eventually reduce human errors.
- Egaming Payment Service Provider With Load Balancing.
Our American And European gateways allow merchants to add multiple MIDs. This way, merchants can easily split the sales volume on various MIDs and still visualises all accounts under the same merchant panel. This feature is crucial for global mobile gaming merchants. They usually work with multiple merchant acquirers for local payment processing.
Large companies use multiple merchant accounts for various reasons. Different URLs various Geo-target may need additional mids on the same panel. Every business has a unique requirement, and this feature helps companies achieve these bespoke needs.
- Gaming Pay In / Gaming Pay Out/Gaming OCT Withdrawl For Online Gaming Merchant Accounts
Original Credit Transactions are vital for ensuring optimum relationship building with the users. This solution offers a powerful medium for sending payouts to the card-member. Now merchants can settle funds on members’ credit cards. Card-based Gaming OCT can expand the reach of merchants in over 100 nations. OCT can be considered one of the fastest ways of moving funds in the gaming sector.
- 110 Plus Currencies Accepted/Settlements in 14 Plus Currencies/Traffic Accepted From 50 Plus Nations. With Real-Time DCC.
With such massive flexibility, our clients can focus on their core skills, and our Gaming PSP solutions can take care of the rest. Since our solutions are for global merchants, these come with dynamic currency conversion(DCC). This feature automatically lets merchants convert the pricing in the user’s local currency. The user gets a more personalised offering and feels more connected to the gaming brand.
- Fully Compliant Gateway.
The speed of transactions in this sector is enormous. Thus merchants must only work with gateways that are fully compliant with the latest industry standards. Our solutions are verifiable and comply with the latest protocols recommended by the card scheme safety statutory body.
- No Compromise On Cyber Security.
This industry is well known for its growth potential, thus attracting many cyber attacks. Businesses that consider reputation and fund security as prominent should only work with gateway providers with high-level tech defence history. We can proudly say that our gateway solutions are one of the most secure solutions available in 2022.
- Real-Time Fraud Screening. AI-Based Gaming Fraud Detection. AI-Based Real-time Gaming Fraud Management.
The most prominent challenge gaming merchants face daily is fraud attempts. Our Banking partners have ensured that they do everything possible to minimise the risk of gaming fraud. Our solutions use artificial intelligence to reduce and proactively identify fraud attempts efficiently.
The dedicated technical team comprises some of the finest minds in the fraud defence industry. It works as your extended team to reduce stress and keep your business in shape.
Time is a pleasure in the gaming industry, and no one wants to fill out the detailed checkout form multiple times. Our solutions utilise the tokenisation feature to reduce the time spent making payments.
- Multiple Payment Modes.
The mobile SDK supports various payment modes. Merchants may require multiple payment options depending on the platform or business model. The most common are one-click payments, recurring subscription payments, in-game payments and in-app payments.
- Real-Time Processing.
Hardly Any Transaction Downtime. The gaming payment gateway‘s server infrastructure plays a critical role in the availability of modules during transactions. Modern acquiring companies utilise secure Tier 1 data centres to maintain high availability servers. Top Quality Data Centers eventually help merchants ensure they collect an enormous number of transactions in the quickest time possible.
This feature separates our solution from many generic providers. They know that the transactions are super important, and any downtime reduces the profitability of merchants. Our PSP partner processes millions of euros and $ in gaming traffic.
- Language Switching Feature Of Gaming Checkout Page Interface.
Language switching offers a more personalised view and helps in easy navigation. For the merchant interface, clients can switch to their local language. Multiple languages are supported.
- Stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) Verification.
The underwriting(UW) is strict. UW ensures that the premium features are only available to genuine clients. The objective is to keep the payments ecosystem clean and reduce the risk. Highly skilled underwriters look at each application and KYC document in detail. Additional tools help verify the genuineness of information shared by the merchant.
These pro tools help the PSP to identify all the endpoints. If the account is approved, merchants can rest assured that they will focus on sales instead of searching for another gaming merchant account.
- Bigger Monthly Sales Limit.
As the industry is already USD 162.32 billion-plus, the need for financially stable PSPs is growing. Unfortunately, not all PSPs can handle merchants processing over 40-50 million euros each month. Fortunately, our gaming merchant account can even take a sales volume of over 10 Million Euros each month. It does not mean that smaller volume merchants or startups cant apply. We understand the gaming acquiring market product mix and have solutions for growing companies.
- On-Time Payouts.
Highly vital to an industry that is highly dependent on cash flow. Merchants put 20% to 60% of their revenue in advertising and other marketing activities to achieve growth. If your processor doesn’t pay you on time, it will demotivate you and eventually hit your long-term goal. Highly regulated gaming processing partners of Quadrapay ensure payout schedule adherence to the maximum. Gaming merchants have used our solution for years because they love settlement hygiene.
- Built-In Gaming Chargeback Management Suit/ Optional Gaming CDRN Support.
This industry faces a significant challenge of a considerable amount of chargebacks. Merchants and payment processing companies understand this fact and try to implement measures to reduce fraud. Unfortunately, even after implementing massive fraud detection and prevention steps, chargebacks do appear. The reason may be many.
Our Gateway solution has a built-in chargeback management module. Merchants can efficiently respond to chargeback requests. Additionally, Quadrapay can assist merchants with the Gaming CDRN solution. A CDRN solution generates an alert if the cardholder raises a dispute with the card issuer.
Video Game Merchant Account For Card And APM Processing.
With technological innovation, the gaming industry is now all over the internet. There are various options like video gaming, console gaming, cloud gaming, mobile gaming or VR gaming. If you are also a merchant and want to make good use of the opportunity in the video gaming industry, Stay tuned with us to get a
The one major challenge among the hurdles is to accept payments from enthusiastic players. Imagine you are offering a fantastic game with a disgusting payment processing method. The whole fun got gritty. But don,t worry, we will help you keep your crazy player enthusiasm up in all ways, from gaming to payment processing. We offer video game merchant accounts in various regions, including The USA, Canada., The UK and EU.
Why Gaming Merchant Account Is High-Risk Business
The gaming industry is a fast-growing industry and has enormous potential growth shortly with the evolution of technology and so the gaming industry. However, it is considered a high-risk business. The merchants are regarded as high-risk merchants by the acquiring bank. There are very few payment processors who help onboard a high-risk merchant. Nevertheless, we at Quadrapay do. We help merchants with high-risk merchant accounts and ensure smooth on-boarding. Let us tell you why online gaming businesses are considered high-risk industries.
- High Sales Volume.
- Free-To-Play, And Purchase Later Option.
- High Chargeback Ratio
- Online Frauds
- CNP Transaction Over 15%.
- Businesses Are In More Than One Country.
- Large Ticket Size.
- Poor Credit History Or Merchants Might Be On Match List.
Why Quadrapay For Video Game Merchant Account
An online gaming merchant account is not an easy to get payment solution. Most processors do not want to make their hands dirty with high-risk industries. But our processors trust merchants from most industry types and may provide them with payment gateways and other merchant services. Some of our services include:
- 50+ Currencies Multi-currency Gateway
- We Work With 25+ Processing Partners In USA, Canada, European Union And Other Global Countries
- Services For Merchants In 50 Plus Nations.
- Multi-payments Method.
- Multi-card Acceptance.
- Fully compliant Secure Payment Gateway.
- Chargeback Alerts And Notification.
- Recurring Merchant Account For Players To Offers ” Free-to-play And Purchase Later Option.”
- 24×7 Customer Service.
Indulge In The World Of Gaming And Entertainment With Quadrapay
“Let Your Players Pay You Smoothly”. We understand what the best gaming payment solution is. In the Video gaming Industry, it’s not just the gaming platform that makes the enthusiasm up but also the payment processing solution which binds the passionate players with you. The payment solution should be multi-layered secure and has an excellent interface that drives the player to your gaming platform. To get started, fill out the merchant application form on our site. Once we receive your application, we analyze your business requirement and get back to you with a suitable processor that meets all your business needs. If you have any enquiry, connect with us, we will love to help you out.
Rates And Fees For Gaming Credit Card Merchant Processing.
Depending upon the business model and risk profile, the Provider may offer any pricing structure.
- Interchange Pricing For Gaming Clients. Everyone loves this pricing structure. IC++ includes the fees of three parties. The interchange fee goes to the card issuer(This fee varies depending on the card type and location of the card issuer and merchant). The first + goes to the card scheme or the card brand. The second + goes to the acquirer. Mid and large-sized merchants with processing history qualify for this pricing most of the time.
- Fixed Pricing. A fixed percentage on each transaction. It’s a good structure for merchants that are just starting up or have low sales volume.
- Tiered Pricing. Perfect for merchants of growth. The fee varies depending upon the sales volume achieved by the merchant. Higher volumes may help merchants get a lower transaction rate tier.
Gaming Card Processing Application Flow Cheat Sheet
In simple terms, every merchant account application approval has three key steps: pre-approval, underwriting, and Approval. However, if we get into the nitty-gritty, merchants must be aware of many additional factors.
Here is a cheat sheet that the Quadrapay team offers you as we believe that you deserve to work with Tier 1 Acquiring Banks.
- Gaming Website/Application. The Gate Pass.
Vision oriented gaming merchants spend thousands of euros on websites. Bank underwriters will look at these first. It’s the first sales opportunity for you. It would help if you implemented an elevator pitch here. The website should make the underwriters feel the wow factors.
You need to ensure that your website displays the wavelength matchable with the acquirer. On the other hand, merchants who wish to trick cardholders and schemes hardly focus on the same. Fix all the errors and ensure the site is a pro before approaching any Tier 1 gaming merchant acquirer.
- Gaming License.
Many gaming sub-verticals depending on the business model, require licences. Merchants can display the licence information on the footer section of the website/app. It is the first thing the gaming underwriters look for when checking your website. Some merchants also place a link to the licencing website. A link to validate the registration on the gaming commission site should be in the footer section.
- Company Name and Address.
Company information should be in the footer section. Mentioning the contact information detail on the footer helps all the parties acquirer, merchants and users.
- Disclaimer and Age Verification.
Age verification may be required depending on the business model and sub-sector. If these are needed, merchants must have these incorporated on the gaming site or mobile gaming app.
- Application Form.
Take your time to fill in the most accurate information. Remember, most of the details you mention on the form will be cross-checked and validated. For this, our gaming-friendly merchant processors use AI-driven professional tools. These tools scrub the internet to validate all information. Hiding information or giving wrong information will do more harm than good.
- Processing History.
A processing history is the mirror of merchants’ risk handling abilities. It also helps the processor gaze at the merchant’s growth potential/sales forecast. There is no reason to hide the history. If the merchant hides the same, the processor will quickly determine that the merchant processing in the past. It will give the impression that the merchant will be non-authentic. Sometimes merchants think that previous accounts will create more problems than good. In reality, it is the opposite.
Why do you think startup gaming merchants get approved? They don’t have any history.
The most critical elements in history are The total volume, Number of chargebacks, Percentage of chargebacks, The number of returns and The ratio of returns.
- Pump and Show Yes.
Does your company stock trade on exchanges? Share that information if your company is trading on stock exchanges or you have received funding against equity. Tier 1 Banks like to work with gaming companies with Tier 1 recognition or Tier 1 Vision. These help underwriters feel more comfortable with your profile. Birds of a feather flock together.
- UBO/Holding Companies.
The KYC documents must include the details of all the Ultimate business owners and UBO holding companies. If the company has a complex organisational structure, then sharing an Organogram also helps. Think it like this the underwriters at our partner processors work with hundreds of ISOs. The flow of applications is always enormous. Its human nature to follow the path of least resistance. Your company’s Organogram and detailed KYC will make it easy for them to consider your priority file.
Quadrapay The Experienced Gaming Merchant Processing Solution Provider.
Gaming Websites attract traffic worldwide, and they accept transactions from various time zones. It is the core reason these websites need to depend on reliable high-risk gaming merchant accounts. The solution should be scale-able and offer a high level of fraud detection. Most Low Risk and Mid Risk acquiring banks will say that this industry is Too Hot To Handle, so they don’t touch it. Only a few banks have the actual capability of handling accounts of these types.
Quadrapay is proud of its global partnership with various merchant service providers and payment processing banks. We will be happy to join hands with you and try to work for a common objective. One of our core-focused sectors is gaming, and we have already established massive acquiring relationships for the same. The common goal is to help you get a credit card processing solution from one of our gaming processing partners. Now it is your time to get a fit and forget the gaming card processor.
Get Skill Gaming Merchant Accounts From Highly Skilled PSPs And Banks
You need a Skill Gaming Payment Gateway but before that, let us quickly understand the business of skill gaming.
Let’s go back to the 1980’s when children participated in school fete. There used to be many stalls; some even had activities like shooting or hitting the cola cans. Hitting all cola cans in three chances was a key to a gift. In 2022 the same concept will be visible in a new avatar.
It is called Skill Gaming.
These games involve the mental or physical skills of the player. Participants already have the skills. They are mastering it by playing, and in return, they may win prizes that can be real cash or non-cash prizes. A gaming merchant offering these services needs an account and a secure payment platform.
Modern Day Skill Gaming & Mandatory Payment Processing Requirements.
Quadrapay is glad to announce that our payment processing partners in the EU offer Online Skill Gaming Merchant Accounts. With this payment platform, you can provide a vast choice of payment methods to the players. You can also use these solutions to pay the win amount by the preferred method. We have also covered you with chargeback and fraud prevention. The Partners of Quadrapay ensure consistent transaction flow without declination.
While every payment gateway company will ask you to make an application, few say yes. There are many reasons behind the same.
Not All Processors Are High-Risk PSP
There is a fragile line of difference between skill gaming and game of luck. If the prizes are monetary, it creates a more significant challenge. That is why most will say no.
Many will say no to startups or growing merchants. Many may not have the payout solution. This industry requires Pay-in and gaming Pay-out solutions. We ensure that your business costs get reduced and revenues increased by providing in-game credit card purchases completely secure by our payment gateway.
Various Type Of Games That May Qualify For A Skill Gaming Merchant Account
- Arcade Games
- Word Games
- Trivia Games
- Card Games
- Puzzle Games
- Video Game
- Social Gaming
- Fantasy Football
- Math Games
- Typing Games
- Logic And Concentration Games
- Tap Games
- Number Games
Startup Skill Gaming Credit Card Processing Accounts Are Fine. We won’t charge you any fees for opening an account as a setup charge. We understand your needs as it’s a new business, and it’s a crucial phase.