Online Gaming Merchant Accounts
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Gaming Merchant Accounts are geared toward online casino, sports books and other games of chance that can be played on the Internet. People today go online for just about anything, you can purchase medicines by going online. You can play video games through the Internet, You can gamble online. In order to purchase something or avail for an online service, you have to pay online as well. You can use a debit or credit card in making your payment. Easy processing of online payments
Easy Processing Of Online Payments
For easy processing of online payments, It is vital that businesses have a merchant account, through the merchant account, transactions made from credit and debit cards are processed on time and accurately. Besides, offering varied payment options is a must for online businesses. Consumers find it more convenient it they experience no problems when it comes to paying for their purchase. It is becoming extremely difficult for gaming operators to obtain approval for a gaming merchant account from the vast majority of domestic merchant account providers/banks. The vast majority of payment processors are cynical about approving gaming merchant accounts for gambling related businesses.
Where can Online Gaming Business Owners Go To For Help?
We can help you here at Hr Merchant Services. We have a great team who are equipped with the knowledge and experience in dealing with such transactions. We can help you in obtaining gaming merchant accounts which is indispensable to your online business. Our years of experience have made us experts in industry.
Chargeback Prevention For Online Gambling Merchant Accounts
Chargebacks can be a problem for an online gaming business. A player at an online blackjack table takes a huge loss, telephones his credit card issues and denies the charge. It’s a he-said, she-said battle that ecommerce merchants rarely win. Quadrapay provides merchants the education they need to prevent, dispute and even reverse chargeback with its frequent blog posts on chargeback strategy.
Gaming Merchant Account
Online gaming, especially online casinos, is one of the fastest growing industries in the Internet today. These businesses are considered very high risk because of the large volumes of deposits and withdrawals through credit and debit cards. Further more, there is very high risk for fraud and illegality. These financial transactions are made on a daily basis for 24 hours. For the smooth operation of these online businesses, gaming merchant accounts must be obtained. Like the high risk merchant account, Obtaining a gaming merchant account is also difficult and finding a merchant account provider that offers such a service is also not an easy task. Making payments through credit and debit cards is very important for online gaming businesses. to become viable, having a gaming merchant account is important, that is the only solution.
Obtaining a merchant account form a bank, credit card company or merchant account provider is easy. But if your online business is considered a high risk one, the process becomes more difficult. Most banks, credit card companies and merchant account provider do not want to transact with high risk online businesses because of the high probability of fraud. Owners of high risk online businesses have to obtain a specific type of merchant account – the high risk merchant account. Many businesses are considered high risk. Some of these are pharmacies, Internet Service Providers, gaming, Telemarketing, Adult Services, Ewallet and gaming, Just to name a few. These businesses must have a high risk merchant account to ensure that their consumers will have no problem with payments.