Are You in Need of a Gaming Merchant Account?
You can get started immediately by filling out the free application form that is available on our website. You may also use the live chat feature if you need more information about our services. A merchant account manager will be with you as soon as you send a message.
Online Gaming Processing
According to a recent survey, over 70% of online gamers prefer to make transactions with their debit or credit cards. This makes it necessary that all e-commerce platforms have online gaming merchant accounts. A merchant account will enable you to accept online payments from both credit and debit cards. But most merchant account providers are always unwilling to offer services to online gaming and casino merchants. This is because these merchants are considered to be high-risk.
Why Is Online Gaming Considered to Be High-Risk?
Since online gaming is a fast-growing business with huge potential, it is easy not to understand why it is considered to be high-risk. One reason why merchant account providers are skeptical of online gaming/casino merchants is that there are no universal regulations. Since the laws and regulations guiding the industry vary from state to state, compliance becomes challenging. Other issues include high amounts of chargebacks, high volume sales, fraud, refunds, and more.
High-Risk Merchant Accounts
While traditional banks are unwilling to work with “high-risk” merchants, there are companies that are specialized in handling high-risk merchant accounts. The merchant account should offer you premium security, particularly regarding your transactions. Essential details of each transaction must be recorded and easily retrievable. You will find this very valuable in the event of a dispute.
5 Star Processing Offers Online Gaming Merchant Accounts
5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. Our wide network of associates enables our merchant account experts to find you a personalized credit card processing solution. You will also get the support of a highly professional acquiring bank that will help you run a healthy business. We offer multi-currency processing and live customer support. Finally, the Social Gaming merchant account supports your favorite games.