We are all familiar with the word casino. We all like to play black jack, video poker, craps, and baccarat! Fun right. Well we are associated with this business and the money it carries in itself. With all the money flowing in this business along with the risk that flows around it. As the saying goes “games are all about taking risks”. And if you are willing to take the he risk you are likely to earn more. “The higher the risk higher will be the return” So this business is all about the risk and money it is now understandable that why this business comes in the Highrisk business category and are not supported by the regulatory or governing bodies of some countries. These businesses are not forbidden as these are supported by the fintech companies that help them to carry out their financial activities on their portico. They approve them with the online casino merchant account to process payments.
A Merchant account is used for managing your client’s operations wins losses withdrawals etc. with eGaming on the rise an online casino merchant account is a great way to hedge your bets. A merchant account allows you to process hundreds of transactions per minute and receive money from bank cards of your customers. The merchant account offers you the facilities of credit cards like Visa, JCB, AMEX, Discover, Barclays etc. and many other options of accepting payments from your customers. As your business is risky enough to not get supported by the authorities a payments gateway company also protects your account from the risk of higher chargebacks informing you beforehand the dispute being converted into a chargeback. A merchant account allows you to accept multicurrency payments. It helps you with easy integration. With the online casino merchant account a merchant could increase its sales and acquire the market at the global level with its intuitive interface. It also secures your transaction with its PCI-DSS COMPLIANT Provision.
DOCUMENTATION FOR ACQUIRING A MERCHANT ACCOUNT
- To obtain a merchant account one needs to fill the application form provided by the gateway company.
- You need a valid government- issued ID.
- A void check.
- Recent processing history if you are not start-ups. (3 months).
- 3 months recent bank account statement.
- Your business and KYC documents.
Highrisk Gateways 