Online Casinos Merchant Account – ePay Global provides online payment gateway solution like eCheck, ACH, credit card processing services for all Industries. A gambling merchant account is a credit card processing account that specifically serves online gambling companies. Its purpose is to accept deposits, payments and to facilitate payouts and players prizes. It will typically be linked to a payment processor that is integrated into the website and/or application.
Overall Rating:
Credit card processors are quick to terminate casino & online gaming merchant accounts when businesses can’t maintain low chargeback ratios. Merchant account providers don’t want to be responsible for funds that casinos and online gaming businesses can’t cover.
User Reviews:
Accepting online casino businesses, they offer reliable UK, Euro, Scandanavian, Cayman and Chinese direct MID and aggregated accounts. Accepts all major currencies.
3.95% - 7.95%
- MOTO / eCommerce
- Weekly Payments
- No Application Fee
Overall Rating:
User Reviews:
A company that offers secure offshore merchant accounts via sponsor banks located throughout the world. Ideal for online casinos and gambling operations companies.
8.00% - 8.00%
- No MOTO
- Weekly Payments
- $15000 min. monthly volume
Overall Rating:
User Reviews:
Exclusively dealing with high-risk merchants, they're a good option for online gambling and online casino businesses. Unfortunately, they charge a $500 application fee.
4.95% - 12.00%
- Accepts Online Casinos
- Offers Offshore Accounts
- Accepts MATCH List
For More Information About Online Casino Merchant Accounts or To Sign Up
Best Online Casino Merchant Services Options
If you’re running an online casino or online gaming business, obtaining reliable credit card processing that enables you to accept payments in all major currencies with low card rejection rates, and reliably receive reporting and weekly payouts is essential. Unfortunately, finding a payments partner that can deliver on that is difficult. More difficult still, is securing all of that with a processor that has low card rejection rates, allows multiple same day transactions by a single cardholder, offers reasonable prices and doesn’t require 3DS card verification.
Thankfully, there are a few good options for online casino websites that can consistently maintain chargeback rates under 4%. These accounts can accomodate both high volume, high velocity and high ticket online casinos, or be individually tailored to your online gaming company’s specific needs..
Why are Online Casinos Considered High-Risk?
The online casino industry is regarded as extremely high risk from a payment processing perspective, due to the industry’s highly regulated nature, which differs dramatically from country to country and even from state to state or region to region within an individual country. An online gaming company faces legal and logistical hurdles for every jurisdiction within which he operated in, and as a result, no low risk processing banks will accept merchants facing this complex legal environment, and the number of high-risk or offshore banks are few. The second reason online gaming is typically regarded as high risk is that online casinos often have high tickets combined with high chargeback levels. Sponsor banks and processors can be liable for cascading chargebacks, and given that online casinos can process at a high volume with high tickets, and are often virtually located, these companies can pose a high risk of loss for the processing bank. Despite all this, however, thankfully, there are still a few good options for responsible online casinos seeking U.S. or offshore credit card processing.
Domestic and Offshore Direct and Aggregated MID Options
The credit card processors that we recommend offer sponsor banks and gateways that provide both domestic and offshore online casino merchant services, as well as direct merchant ID and aggregated MID solutions for online casino websites. Additionally, they offer accounts with processors and banks located in the UK, EU, Iceland, Mauritius Islands, Poland, Cayman Islands, Israel, and China to serve your global clientele.
Pricing & Contract Terms
If you are looking for an online casino merchant services provider, contact us via email or call us today to discuss your options for obtaining a merchant account for your e-casino business. We’ll discuss the following:
Pricing Available:
- Discount Rates ranging from 1.95% to 12.00%
- Authorization Rates ranging from: $0.20 to $2.00
- Monthly Fees: Rates ranging from $5.00 per month to $249.00 per month
Other Contract Terms:
Online Casino Payment Processors Login
- Rolling Reserve requirements ranging from: 0% rolling reserve, to 25% rolling reserve
- Holdback Periods: Typically 7 days
- Contract Length: Month to Month is available
- No Application Fee
- Direct funding with regular deposits (either daily or weekly depending on offshore v. onshore)
Additional Benefits:
Through our processing partners, we can also offer web based casinos businesses the following additional benefits:
- In house expert underwriting
- Same day approvals
- Multiple currency acceptance and deposits (USD, EUR, CAD, AUD, ZAR, YEN among others)
- Compatible with over 100 shopping carts
- Visa / MasterCard / American Express Acceptance
- MOTO (phone / mail), eCommerce, and swipe accepted.
- Compatibility with over 50 processing gateways and virtual terminals
- Integration assistance with over 100 shopping carts
- Chargeback prevention & avoidance
- Chargeback fighting
- 3DS processing optional
- eCheck / ACH processing
- Online Gateways with chargeback prevention / screening
Types of Online Casino Businesses Accepted:
MerchantNegotiators, through its partners, can provide credit card processing for a wide array of online gaming businesses. That includes online casinos businesses that offer online slot machines, blackjack, poker, sports betting, parimutuel and other wagering games and activities.
Types of online casino websites for which we can provide credit card processing solutions include:
- Startup businesses and existing businesses
- Previously rejected or dropped by another processor
- High chargeback or bad credit merchants
- Merchants who appear on the TMF or Match List
- High Ticket, High Frequency, or High Velocity Gaming Sites
- U.S., Offshore, Direct MID, and aggregated MID solutions
Contact Us To Obtain a Merchant Account For an Online Casino
As a global leader in providing references for online businesses to obtain merchant account services, MerchantNegotiators.com’s expert team can help you receive a merchant account for your online casino and gaming business in as little as 24 hours. Contact us today at 1-877-296-3690 to discuss your online gaming website’s credit card processing options
For More Information About Online Gambling Merchant Services or To Sign Up
Increase Your Earnings with Instabill’s Gambling Merchant Accounts
High Risk Solutions for International Gambling Merchants
You need a way to accept credit card payments from players around the world, all in real-time. Instabill’s gambling merchant accounts offer you a level of service that will help your business succeed and increase profits. Instabill got its start processing credit cards for online gambling in 2001–we know online gambling.
It is an exciting time for the industry of online gambling, not long ago only available in certain worldwide markets: Caribbean, the UK and Europe and Asia. But with a select few of U.S. states moving to legalize (Nevada, Delaware and New Jersey), one can’t help but feel the cold war on online gambling in the U.S. is thawing.
To find out more about Instabill’s merchant services, speak with a live representative directly at 1-800-318-2713, click the ‘sign up’ button above. To learn more about our gambling merchant accounts, click to expand each section.
To find out more about Instabill’s merchant services for online gambling merchant accounts, speak with a live representative directly at 1-800-318-2713 or simply click the ‘sign up’ button above.
Our new solution: Pay anonymously, by giftcard
Instabill offers online gambling and casino owners several solutions to accept payments online, the most popular method with a credit card. Recently, however, Instabill unveiled a new payment solution which enables the player to pay for the game of his choice – online slots, poker or blackjack – via a gift card. Our gift card payment solution works as such:
- The online casino owner places the widget of our partner as an option on their payment page.
- The player clicks on the widget when entering the casino, and is directed to purchase a gift card from Amazon, Walmart, Target or Apple.
- The player purchases the gift card for the desired amount, and submits payment through the widget by entering the gift card number and PIN.
- The casino owner receives payout in either ACH or cryptocurrency.
This solution is ideal for industries such as adult/emotional content, online gaming, pharmaceuticals, kratom and many others. It is also a viable solution for merchants who have difficulty getting a merchant account as well as consumers who don’t have a bank account.
Find out more about our gift card solution today at 1-800-530-2444.
Approval timetable for an online gambling merchant account
Approval times for online gambling merchant accounts vary with each type of solution Instabill offers:
Online Gambling Payment Processors
- Offshore online gambling merchant account with payment processing history: 5 business days to 2 weeks
- Offshore startup online gambling merchant account: 5 business days to 2 weeks
How Do I Get A High Risk Online Gambling Merchant Account?
Whichever you prefer: Call us direct at 1-800-318-2713, Click the ‘sign up now’ box above to get started.
Instabill offers numerous payment processing solutions for online gambling merchants separated into four categories:
Offshore Online Gambling Merchant Accounts (with payment processing history):
- 3-6 months of payment processing statements with company name showing chargebacks, refunds, returns and total sales.
- 3 months of business banking statements
- Approvals:5 business days to 2 weeks
Offshore Startup Online Gambling Merchant Accounts
- 3 months of business banking statements or a business banking letter
- If no business banking statements, 3 months of personal banking statements
- Approvals:5 business days to two weeks
Domestic Online Gambling Merchant Accounts
Online Casino Payment Processors Login
- Instabill does not have a domestic solution at this time. Though several states have legalized online gambling, it remains against federal law.
Online Gambling Merchant Account Fees
Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free – Instabill does not charge a merchant any fees until they begin processing transactions. Once you have been pre-approved, our underwriting department will match your business with the acquiring banking partner we feel is the best fit for your needs. The bank will then process your application and determine your merchant account fees.
Your fees are contingent on several factors, such as the merchant’s processing history, type of industry (high or low risk) and/or projected sales volume. Each online gambling merchant account is different, but typical fees include:
- Merchant Account Fee
- Transaction Fee
- Discount Rate
- Merchant Account Registration Fee
- Monthly Statement Fee
- Chargeback Fee
- Refund Fee
- Rolling Reserve
Why is online gambling considered high risk?
With the exception of Nevada, New Jersey, Delaware and Pennsylvania, online gambling remains illegal by U.S. federal law. Additionally, most internet gambling sites are based offshore, leaving U.S. banks no options to providing credit card processing solutions.
Other factors contributing to its high risk label include high chargeback rates and the risk of gambling addiction, with which some banks choose not to be associated.
Credit Card Payment Processors
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 issuer and denies the charge. It’s a he-said, she-said battle that e-commerce merchants rarely win.
Online Casino Payment Processors Online
Instabill provides merchants the education they need to prevent, dispute and even reverse chargebacks with its frequent blog posts on chargeback strategy, as well as its satellite website, Instabill.org, which is full of helpful content geared to mitigating chargebacks.
Must-reads for online gambling merchants
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