14159: CURRENCY_NOT_SUPPORTED_ FOR_RECEIVER: This currency cannot be accepted for this recipient’s. Traditional banking solutions aren’t willing to take the risk. You can navigate the banking world with the aid of those B2B gaming service. Merchant account is already a concern for all business owners. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming industry and already provides gaming merchant services. The acquirer will know the difference between the gambling and skill gaming merchant accounts and open the correct one. Businesses are gambling with their casino and online gaming merchant accounts if they do not implement chargeback prevention measures. Call PayPound at +44 800 832 1733 or email sales@paypound. Chargebacks are mostly seen in debit and credit card transactions. The acquiring bank calls for the card association such as Visa, MasterCard, American Express, or any other of the particular payment. We provide payment processing solutions for gaming businesses domestic and offshore, and we are your credit card processing solution at rates that help you win big. Gaming merchant account. We provide gaming businesses with local & international payment processingDepending on your licence, our gaming payment processing options including Worldwide acceptance, multi currency (EUR, GBP, USD, JPY, CAD) and many card options including Visa and Mastercard. The online gaming industry requires high risk merchant account. You have full access to Quick-click™ once you are logged in to your test account or your live account . Magazine. 1. Step 2: You will be asked to fill out the application. Therefore, it’s crucial to address any loose ends before applying for an online gaming merchant account. Easy Integration, Fast Onboarding, Multi-Currency. eMerchantBroker. However, Bitcoin transactions are irreversible unless a merchant decides to reverse the. You can begin the process by just applying online now. The best investment that an online gaming company can make is to seek out a reputable and trustworthy high risk merchant account to securely process their payments. Caters for: gambling, gaming (both online gaming merchant accounts and online gaming payment gateways); cryptocurrency (enables cryptocurrency exchanges to accept payments on their websites through credit and debit cards. The merchant account provider will also need the following information for the underwriters and processors: A government-issued ID (driver’s license, etc. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. The gaming industry has been booming over the past decade, and. An online gaming merchant account is a business account used to process payments of the customers/players. Indicate the nature of your business and your title/role in the business. gaming merchant account. In addition, your. Data shows that global online gaming traffic alone is expected to climb from 126 petabytes in 2016 to 568 petabytes in 2020, proving people plan to keep the games going. Manage one-time and recurring billing so members can auto-pay on a set schedule. We guide online casino businesses in establishing accounts to manage player deposits. Join our LinkedIn Page at. And this number is projected to grow by 56% over. They typically offer online and in-person processing services. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. However, the sector’s influence extends far beyond dollars; it has shaped broader social, cultural, and business trends and established a path for companies to. We plan to supply you with an Online Gaming Merchant Account so that you can expand your business. Taking steps further with us can prove a lifelong partnership. 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. It has several beneficial features that run to complete operations faster. The card association through their inner networks connects with the issuing bank of the customer’s card for verifying a customer’s identity. In many cases, simply improving customer service drastically reduces returns, chargebacks and customer. X. 6 trillion, forex is the biggest and most liquid trading. A gambling merchant account is a credit card processing account that specifically serves online gambling companies. If you find one, contact the agencies to have them. Access to expertise and industry knowledge. With a full application package, gaming merchants can start processing payments in as soon as 24 hours. On top of this, merchants can also be subjected to a $5 or $25 penalty fee. Our casino/gaming merchant accounts offer: Safe Transactions – we offer our offshore casino merchant account customers various solutions for their transaction processing. 14 trillion by 2020, according to the statistics portal, Statista. Step 1: A customer buys a product or service either online or in-store. Caters for: gambling, gaming (both online gaming merchant accounts and online gaming payment gateways); cryptocurrency (enables cryptocurrency exchanges to accept payments on their websites through credit and debit cards. To have a merchant account, a business has to partner with a merchant. The first step in enabling commerce is establishing a merchant account. PayKings provides payment processing solutions for gaming businesses domestic and offshore. Being a financial account, it allows transference of funds from card issuing banks to the business bank account of the merchant. One of the most important goals of online gaming merchants is turning players into payers. Following these steps will help you manage your merchant account well: 1. 21. A certified copy of your ID. Text Instructions for the Customer Vault in the Easy Pay Direct Gateway. With an online gambling merchant account, online gambling and casino merchants can accept payments from customers in a variety of currencies and payment methods, including credit cards, debit cards, and e-wallets. Benefits of having Gaming Merchant Account Facility. The Easy Pay Direct system was designed to make online payments secure, easy and reliable. This will reflect a 37% growth all factors remaining constant. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. The gaming content users can consume the services without fear of losing their financial data or identity through identity theft. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them. In the dynamic world of travel agencies, providing seamless payment solutions is essential for delivering outstanding customer experiences. Get a Forex Merchant Account From eMerchantBroker. GAMING_INVALID_PAYMENT_FLOW: This payment flow is not allowed for gaming merchant accounts. A gambling merchant account is a credit card processing account created exclusively for online gambling firms. It allows the business owner to accept credit cards, debit cards, and other forms of payment. Online gambling/gaming merchant accounts are very similar to fantasy sports merchant accounts because risk and skill are involved in both. These are just a few of the accounts EMB approves for fantasy. Opening a #merchant_account_for_Curacao_gaming company can be a challenging endeavor. Submit your application. Make sure your driver’s license or passport is up to date. Merchants trading in online gaming. Statista reports that retail e-commerce sales reached about $5. Merchant accounts let businesses accept payments from credit cards, debit cards, and other online methods. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. Merchant Account is kind of bank account which helps to receive payments in multiple ways. Your social gaming merchant account may be able to accept payments in the world’s most popular currencies. Some also may have you pay for hardware and software upfront. The bank then sends the information to the card issuer. Use a Processor Where You Target Customers. A government-issued ID, such as a driver’s license. When you are a merchant who is searching for expanding his casino business, then you must get an Online Gaming Merchant Account. Once companies have been formed, licenses issued, a means to accept payments needs to be considered. Having a merchant services account is an integral part of payment processing for your small business. This is done by creating a merchant account for cryptocurrency. Take a look at the specified range of documents one should collect to open an online gaming. This solution is ideal for industries such as adult/emotional content, online gaming, pharmaceuticals, kratom and many others. financial risk involved. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. ChargeMoney has worked with countless gaming merchants all over the world. This is basically the bank that issues gaming merchant accounts. Gaming merchant accounts are of two types, coded and non coded accounts. Finding the right partner for your credit card processing is not easy and this is especially true for online gaming companies. All types of online gaming merchants qualify for. Creating an approved online gaming merchant account requires a high level of preparation from the high-risk merchant owner. This will reflect a 37% growth all factors remaining. Sign up now and start accepting payments with EasyPayDirect. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. Numerous statistics show the upward trajectory of the online gambling and casino industry. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations and compliance requirements specific to. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions Gaming continues to grow in popularity, with an estimated 2. Determine the services you require: Ask yourself which payment card network you will be accepting payments from. The gaming industry has high. In the realm of online gaming, merchant accounts play a crucial role in facilitating seamless payment transactions. E-Gaming Merchant Accounts. A casino merchant account enables you to process online payments efficiently and expand your online casino business globally. The blockchain technology will become more popular especially in payment to provide better protection for online payment processing. 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. The payment processor transmitters the payment data to an acquiring bank. National Processing: Best For Clover Processing Hardware. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. Merchant Discount Rate (MDR) or commission rate. 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. Once the gaming payment gateway confirms the payment, the merchant receives the payment on the gaming merchant account. Step 1: Login to the gateway account as ‘ADMIN’ User. Its job is to enable payouts and player rewards, as. The vast majority of banks who are giving them a credit line consider this factor high-risk. FYI – GBO is a premier payment solution provider for online casinos. We help business owners like you keep their focus on making money. In order to ensure a consistent transactions flow, merchants need to be connected to the appropriate banks. Social gaming merchant account solutions at 5 Star Processing. Gaming is very similar to casinos. It offers a wide range of products and services. Average credit card purchases over $500. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. A high risk merchant poses more of a financial risk to the processing company. The straightforward 3% chargeback policy with EMB keeps things simple for you. . According to a recent study, the online gaming market is projected to grow by $142. Tags: Find a Merchant Account with No Reserve merchant account with no reserve No reserve merchant processing No reserve merchant services Reserve merchant account. US and international merchant accounts. 11711: TRANSACTION_LIMIT_EXCEEDED: This payout request has exceeded the limit for this type of transaction. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway. When faced with Stripe’s holds or account freezes, several strategies exist to keep your business afloat and recover your money. A merchant account is a specialised banking arrangement that empowers businesses, including online gaming platforms, to accept payments from players. Consider the total cost of your merchant account to. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. You’ll get approval for a casino and gaming merchant account in just 24 hours. 2. Any online gaming business, no matter whether it offers games of skill, sports betting, lottery, casino games, bingo, or games of chance will need two main banking services – a merchant account and a company bank account. Thus, eMerchantPRo provides a complete support and assistance for your online Gaming Business. The Official Gaming Merchant subreddit! Merchant will react to your content here weekly! Post your gameplay, questions, memes, and requests for Apex gameplay advice here! Created Jan 2, 2021. An Overview of Social Gaming Merchant Account. These include: 1. But running such a business may come at a high cost. All you would need to do is go to the EMB website and fill out an online application, which only takes a few minutes. Due to specific regulations and restrictions in certain states, online gaming is often classified as a. There is an agreement made between the merchant acquiring bank and an acceptor for the payment settlement. MCC stands for Merchant Category Code. However, some account providers offer a “rolling reserve. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. You can even create follow-up campaigns and offer 2. For a merchant, a better approach is to immediately make an action plan and work on ways to. This can be attributed to the growth in the online gambling space. Its job is to enable payouts and player rewards, as well as to take deposits and payments. Segpay is a high-risk payment processor that offers online gaming credit card processing services for various types of video gaming, including mobile and social gaming. The merchant account provider will review the application and documentation to determine if the business is eligible for the account. If you don’t have a casino merchant account, you can’t accept and process credit card payments. Published on December 19, 2022. Our named IBANs ensure your account is yours, while your clients and beneficiaries always see payments to and from your company. White glove service so you can focus on what matters. A high risk, high volume merchant account is a specific type of financial service that is… Read More » Maximize Business Profits with a High Risk, High Volume Merchant Account Maximize Your Profits with The Best Merchant Services for EcommerceThe Benefits of Merchant Accounts for Curacao Gaming. Easy Pay Direct offers top tier merchant account services with outstanding customer support. Gaming Merchant Account. Yet, EMB is more than willing to set up a high risk merchant account with their patented simple, fast, and effective approach to merchant accounts. Step 2: You will be asked to fill out the application. Merchants use Paypound. Merchant account services refer to the financial services that enable businesses to accept electronic payments from customers using credit cards, debit cards, and other forms of electronic payments. Contact Easy Pay Direct for more information on credit card processing for your business. Easily accept payments from players. Skill Gaming Solutions; you give thousands or millions of people a place to go to. Online Gaming Merchant Account Delivers Secure Payment Processing Solutions Nov 23, 2022 Card Processor for Online Casino Businesses processes credit card payments securely Nov 17, 2022. Beyond that, SecureGlobalPay can also set up a fraud filter for your. Three months of bank statements. Women’s Accessory and Specialty Shops. What is an online casino merchant account? Merchant accounts are a type of bank account that allows online gaming companies to accept credit card payments. Establish a New Merchant Account**. A merchant account is a facility to process payments from customers. Several currency alternatives, and many modes of payment, among others. Many solutions arise out of mere dealing, for instance, online gaming. Easily accept payments from players. There are a selection of partnering banks who. Or diversify accounts for backup and mitigation of processing risk. We help businesses handle payments more efficiently. Whether or not you are a high-risk merchant depends on several factors. Turn to a reputable merchant account. 7% from 2022 to 2030. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. Review the reports for mistakes, too. Security. Thus, here are five instances that make an online gaming merchant account high risk: The card and cardholder are not present Since the dawn of e. Gamers keep themselves informed of any new releases that gaming platforms and service providers may make. A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. But you may have been thinking that what it has to do with a gaming merchant. Easy Pay Direct login gateway. A merchant account is a bank account for businesses that allows businesses to process electronic payments. That said, you won’t be able to run your online gaming business without a Social Gaming Merchant Account. Lucas Siegel. Let us get you set up today. Many of these fees recur on a monthly or annual basis, whether you process any transactions or not. There are several type of fees attached to accommodate to the financial loss from the Acquirers. Setting Up an Online Gaming Merchant Account What is Online Gaming? Online gaming is a broad term that refers to playing video games or other types of games over the internet or other network-enabled platforms. You need a service that is both highly reliable and affordable — and. Get a secure payment processing solution in as little as 24 hours. This account is offered by an acquirer, a bank that is ready to work with a high-risk company. Quick-click™ is Easy Pay Direct’s free priority shopping cart that allows merchants to connect products or services on their website to the Easy Pay Direct gateway. The length of the entire procedure is based on two main. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. Men’s and Boy’s Clothing and Accessories Stores. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. Conclusion. Our exclusive services are well suited for your online gaming payment hassles. Easy Pay Direct has been amazing!The strong team of gaming merchants, merchant account providers, and the gaming payment gateway create a secure network for the players. There are a selection of partnering banks who. Having an offshore adult merchant account can provide numerous advantages for businesses in the adult industry. Once they have been closed by processors in the past, it is extremely difficult for a merchant to. Social gaming. Step 3: Click ‘Sign-up’ to proceed. From day one you'll have a dedicated account specialist to walk you through every step. All the above-mentioned points can help you increase your chances of getting approved for a merchant account without delay. Credit card information needs to be. This can include games played on personal computers, consoles, mobile devices, and virtual reality systems. Its features include the essence to render the best possible services in the entertainment sector to the Gaming merchants. Provide your name, phone number, social security number. That said, you won’t be able to run your online gaming business without a Social Gaming Merchant Account. One major risk is the potential for chargebacks. The details of existing chargeback ratios. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. High chargeback ratios. Below is a list of the top 10 biggest high risk merchant account industries. Women’s Ready – to – Wear Stores. Other benefits partnering with a merchant account broker include: Access to a broad range of payment processing solutions. You’ll get approval for a casino and gaming merchant account in just 24 hours. 3. Merchant Stronghold specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. To receive online payments in a faster and simpler way, gaming merchants use Paypound gaming merchant accounts. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. We have opened merchant accounts for gambling companies in various offshore jurisdictions and with a very high transaction success rate. Adult payment processing is high-risk credit card processing so it comes with different fees and fee requirements which vary by service. According to Sports Collectors Daily, eBay’s sports category sales from the months of March to May 2020 were reportedly 92% higher than the last three months of 2019. Merchants that want to effectively process credit card payments need to turn to a processor, like eMerchantBroker. We provide gaming merchant accounts offering reliable and secure payment processing solutions for gaming businesses. High Risk merchants approved. Everyone, from small children to adults, has their own game obsession. Published on October 28, 2022 Merchant Account for Online Gaming Online gaming merchant account demand has been on the rise over the recent few years. Once the gaming payment gateway confirms the payment, the merchant receives the payment on the gaming merchant account. Simply click the links below to get started. This service extends across sovereign borders. Online Gaming Merchant Account is a high-risk account. Your gaming merchant account may also be compatible with the world’s most popular currencies. Requirements may vary according to different aspects. However, traditional banks may not be the ideal option for obtaining a sustainable online gaming merchant account. Gaming merchant Account opening – for online casino operations Online Gaming businesses such as Lottery, Online casino, egaming etc. Skip to content Gaming Merchant Account GROWTH OF THE ONLINE GAMING INDUSTRY admin May 26, 2022 Certain sectors have begun to prosper as a. GAMING MERCHANT PROCESSING. But before you begin filling out the online application, it would. To do so, your business will need a merchant account. Other Services. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. To apply for the merchant account, you will need to prove the legitimacy of your business by getting a business license. GBO was established in 2009 by alumni of the Swiss banking system and the Israeli capital market to meet needs that came to us from customers. 5631. This process can take anywhere from a few days to a few weeks. 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. 11711: TRANSACTION_LIMIT_EXCEEDED: This payout request has exceeded the limit for this type of transaction. Even though one’s desire to succeed in the skill gaming. Every merchant account provider uses a different payment model. Published on September 5, 2017. US and international merchant accounts. There are several type of fees attached to accommodate to the financial loss from the Acquirers. Let's check some of the best parts of a gaming merchant account - PCI DSS Certified . For instance, if you had stated in your application that your average transaction amount would be $100 and then your average spikes to $500, your processor will be concerned. Services to high-risk business owners are comparatively expansive than low-risk businesses. Merchant account fees are simply fees paid to maintain the merchant account you need to be able to accept credit and debit cards. S. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. Meaning every time the merchant swipes a credit card, the sales rep is making money. Among them are the following: Make certain that your description is clear and understandable to your clients. No Visa/MasterCard is Required. Choosing a fast merchant account service provider for your business is the first step toward a successful business plan. Protected gaming gateway. 3 billion and 2. Easy Pay Direct can help you get an adult merchant account and credit card processing services for your high risk business. More than this, this is. Its purpose is to accept deposits, payments and to facilitate. Your application will help you secure the high risk solutions you need from an award winning. Casino Merchant Account & Payment Gateway Solution for Casino, Highrisk Merchant Account for Casino, Payment Solution for Casino can easily be approved. Our guide covers the basics of credit repair for business owners,. A merchant account is a type of bank account at an acquiring bank or independent provider through which a merchant can accept payment of card transactions. Chargeback Alerts. High volume solutions: load balancing gateways and multiple MIDS. iPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. 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. The merchant account provider will review the application and documentation to determine if the business is eligible for the account. Account providers will offer you a terminal with which you’ll be capturing card information. Payment Gateways for Online Gaming. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. Once approved, EMB can also set up chargeback management tools and a payment gateway, along with a fraud filter for online payments. How We Can Help With Merchant Accounts. financial risk involved. When you click on. In order to get and maintain good standing with your service provider, you must meet. Quick merchant account connection The gaming business is based on cash transactions carried out online by transferring money from card to account and vice versa. Once you have been approved for a bad credit. After approving the merchant account, the processor will monitor all activities for suspicious or risky behavior, and if any, contact the merchant for clarification. According to the International Trade Administration, the worldwide video game industry has a value of $159. Bank transfers are the safest online. Protection against Fraud – at Instabill we have. It is a source account where all transactions are managed,. You can also be asked for your account number and routing identification. Negative bank account. What is an Online Gaming Merchant Account? As is the case with any business that accepts payment by credit card, online gaming businesses need to have merchant accounts so that customer payments can be received and processed. eMerchant Authority offers payment processing options for both domestic and offshore gaming businesses. Account Se-up or Installation fee. The funds have been returned to your account. If you are expanding your business internationally and want to accept credit card payments, acquire WebPays for a smooth and hassle-free payment experience. Some customers might join your gaming. You can review the status of your withdrawal request in your gaming account. But as we told you earlier that banks will. A Forex merchant account is vital for a foreign business that accepts online payments. The principal’s Social Security Number. Valid government ID of the principal. 79 million. Reasons to Choose Karma Payment Solution for Online Gaming Merchant Account. Need Merchant account processing for your Fantasy Sports site? Of this gigantic amount of revenue, 10% came from the United States. You can also contact us online. A retail merchant account is a special type of bank account that acts as a holding tank. There are two types of merchant accounts:. com (EMB), to apply for an online ticketing merchant account. At 5 Star Processing, we provide gaming businesses with local and international payment processing solutions. This is especially important for merchants that work exclusively with online and telephone products and services. 3 months of the most recent processing statements, if applicable. Some also may have you pay for hardware and software upfront. Establish a single online gaming merchant account. Bank accounts for gaming businesses and merchant accounts To manage all that cash flow, you need the appropriate tools. Slideshow 11067011 by HighriskGetting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. Payment gateways will become better at allowing app users to enjoy different payment options. 5611. We can help you to get one to accept payments from players for different games, including Poker, Roulette, Blackjack, Slots, Bingo, Craps, Deal or No Deal, and many others. Basketball cards experienced the greatest rise in sales. As you can see skill gaming payment processing has not fully shaped itself. The gaming industry has been booming over the past decade, and. This system immediately alerts merchants about disputes, giving them enough time to correct any misconceptions before a chargeback occurs. Also, as skill gaming is truly international and involves people all over the world, the merchant needs to take those things into account. You must prefer a secure and reliable gambling payment gateway provider that delivers top-level security. No one is purpose. 38 billion between 2021 and 20226. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. Also included are some valuable tips to decrease the risk associated with the online payment process. In addition to its popularity, fantasy sports fits right into the world’s growing affinity toward a cashless society. They carefully assess whether the merchant is taking on unnecessary risks, such as excessive chargebacks, low credit scores, outstanding bills or late payments, and negative account balances. banks and financial service providers deny working with this industry. Extensive Banking Network. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. The gaming content users can consume the services without fear of losing their financial data or identity through identity theft. Get the credit repair merchant account you need to grow your business with EasyPayDirect. We are your credit card. You can attract players from all over the world, and accept payments in US dollars, British pounds, euros, and more. High-risk payment gateways keep the check-out process error-free. An online gaming merchant account is a crucial aspect of running an online gaming business. The key to success is having a partnership with a company that knows the industry inside out and this is where we come into. A specialized gambling merchant account is designed to handle the unique risks and challenges of the online gambling industry. Applying for the High-risk Gaming Merchant Account The options of applying for the high-risk gaming merchant account along with cryptocurrency payment options are quite simple & straightforward. We can assist in the field of online gaming payment processing and serve businesses offering casino games, poker, sports/sportsbook,. The primary difference between them is that aggregate accounts group a number of merchants in a single account under a generic descriptor, whilst bank direct merchant accounts set an individual merchant account. Fill out the CBD merchant account application form. Any online gaming business, no matter whether it offers games of skill, sports betting, lottery, casino games, bingo, or games of chance will need two main banking services – a merchant account and a company bank account. Social gaming. A merchant account is a business account that allows businesses to accept and process credit card and sometimes mobile transactions. Easy Pay Direct offers Transaction. Bank Direct Accounts: merchant accounts can be either 3rd party/aggregate gaming merchant accounts or bank direct merchant accounts. Gambling merchant account providers understand the nature, challenges, demands and requirements of an online gaming business. Nonetheless, we have a high endorsement rate for high risk merchants and offer. Merchant Identification Numbers (MID) play a crucial role in the world of payment processing and are an integral part of any merchant’s journey into the realm of electronic payments. While gambling laws are still strict, more financial services.