Online casino merchant accounts are commonly used in the gaming business. They are a major risk for all participants, often with charge backs (refunding), remittances and gambling enthusiasts fraud. Casinos are also often used by carders and casters – the Internet industry carries great risks. If there is a license for an online gambling facility and software (software, platform) provided by an operator of the technology is not controlled, it would be a difficult task to connect a payment service for such a project.
It is because most conventional financial institutions and banks that provide buying services do not want to deal with online casinos that these factors are an obstacle for start-ups.
Opening a merchant’s account at a casino in many large and popular trading account providers is by no means a simple procedure because a number of measures are needed to optimize the legal basis and the site’s visual portion. Payment providers usually partner with gaming companies of all sorts, including casinos and poker. Like other people in the world of payments, these payment gates are not permanent, so many sources need to be linked to stable activity. Payment aggregators should be used for this reason.
An online casino website with a specialized trading account. Unlike a standard account, the payment processing solution offers secure security for buyers and sellers. Gambling transaction is performed under the unique code. The transactions are created to serve all transactions except transactions by way of ATMs like opening bets, lottery buying tickets, tokens, chips, etc.
What are the benefits of the Casino Merchant Accounts?
While some acquiring banks have casino services, banks have a compulsory KYC system and check client credit and deposit history – this is a cumbersome and lengthy activity, which leads to a delay of business processes as a full enterprise.
Payment Gateways offer an express solution for on boarding the customer at the casino, helping to accept credit cards from VISA and Credit Card Processing in a fast and efficient manner.
- An advantages for casino owners to run their business efficiently should be a high quality commercial account:
- Standardized and safe handling of transactions can help to deter fraud online.
- Casino trading accounts have the possibility to process their offshore credit card helps extend their company geography.
- SSL servers that are stable and encrypted to provide additional fraud protection.
- Access to all transaction forms reports.
- Transactions in multi-devises and processing of electronic money.
- Customer service operational.
- Capability for incorporating a purse, shape or payment button with your customer’s website (the ability to replenish an account without leaving the site).
- The right to accept debit/credit cards of any kind for offshore casinos.
Learning about the Functionality of Online Casino Merchant Account
In addition to the various features, it allows you to identify different forms of payments, which legitimately leads to a significant increase in the amount of deals in a long time.
Better integration is another means of acquiring a marketing account. When applied to the system, a merchant account drives excellence and makes it ideal for the entire framework. Since companies do not need a wasteful system that hesitates to conduct their ideal undertaking. You definitely do not have to make the wrong effort to integrate your Payment Gateway into your system.
A merchant account will enhance the large volume of dealings between businesses. In addition, you are presented with the additional highlights that will help you become a potential online dealer.
Completely, since you only paid the whole package of authorities, there will be no additional cost to account for; you will not have to pay additional charges.
The secure and quick payment arrangement would better incorporate transactions in online casino merchant accounts. The transactions for businesses are now more and more tampered with by a hacker or other outsiders who can hack and use the data for their own use.
How to get a Casino Merchant Account?
It’s not easy to sustain a corporation. Organizations have to contend with challenges in order to have better prospects. A casino merchant account is needed to offer better business vision and functionality. You have to have those accounts, for example, that you should have
For instance a voter ID card, driving license, was issued by an authorized government
- A bank letter or pre – printed check.
- On-going bank statement for 3 months
- 3 months of the proclamation on-going
- Savings handled by the government number or identification number of employer
- Charge backs must amount to 2%
- Merchants must have an online presence as well.
Additionally merchants applying for casino merchant accounts need to have a functional ecommerce website. It usually takes 5 – 7 business days to get approval for these kinds of merchant accounts.
Contact eMerchant Pro to get the online casino merchant account, as we are experienced payment service providers across global and understand the needs of merchants. We ensure you offer the best and less hectic processed service to avoid any kind of discomfort or hurdle.