In the recent years, alternative payment processors like emerchantbroker. Gaming merchants should deal with. Online Gaming Merchant Account propose ideal payment solutions for gaming merchants As a growing and ever-growing. MOTO Merchant Account. The Best High-Risk Merchant Accounts of 2023. In the end, Merchant Stronghold has the expertise, and experience in high-risk merchant account payment processing that can provide solutions to all of these sectors and more. Merchant Category Code. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. We offer. Gaming is the definition of high risk and high return. Unfortunately, fantasy gaming. Durango Merchant Services: Best For Offshore Merchants. Many factors go into making e-Gaming a high-risk industry including chargeback disputes, complex legal issues, international clientele, risk of gambling addiction, and money laundering. About; Agents; APPLY NOW; Sign Up with High Risk Solutions mediashrinx 2019-12-23T17:03:19+00:00. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. com can help you get your business the proper credit card processing account. Payment processing fees: 2% to 3. Search for a provider with extensive experience serving the online gambling industry. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. High-risk merchant accounts typically charge higher fees and. Paypound is a renowned payment processor. 4% for mid-risk transactions. At Corepay, we proceed with caution when it comes to this industry. The High-Risk Gaming Industry Casinos have been around for many years, but the rise of the internet changed the game for gaming fans all over the world. Merchant Stronghold specializes in high risk and offshore merchant accounts. gaming merchant account. 2. With the proliferation of high-risk verticals entering the marketing place, more merchant account providers have opened their doors to serve the needs of the growing number of high-risk merchants. Nonetheless, we have a high endorsement rate for high risk merchants and offer. National Processing. It’s also another one, like the cannabis industry, that has a difference of opinion between state and federal laws. Merchants should have high-risk gaming merchant accounts to operate their gaming business profitably in Bulgaria. QuadraPay brings to you high-risk IBANs, and SEPA accounts for gaming-related merchants. When you are ready to apply for a merchant account, turn to eMerchantBroker. Healthcare. It allows merchants to seamlessly accept a high volume of transactions (and large amounts) at a rapid pace. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. This special account is like the backbone of these companies. In most cases, a high-risk merchant account can be approved within 3 to 10 business days of a complete application packet being submitted to underwriting. As a result, trust and customer loyalty improve and, in turn, brings. It’s projected this number will reach 4. Published on May 22, 2023. There are tons of high-risk merchant services providers out there, so it’s. With EMB, you can enjoy top reliability, convenience, and ease of payment processing. net offers high-risk merchants all the tools for high-risk payment processing. Online gaming is a high-risk business, so the high-risk business merchant needs a high-risk gaming merchant account for safe and secure payment transactions. In the simplest of words, a high risk merchant account is an account that is used for payment processing by businesses that are considered to be high risk by banks. A Merchant Category Code (MCC) is a four-figure number used to categorize business entities according to the type of products or services the company offers. But companies like PaymentCloud can help you find competitive processing rates. You can also contact us online. High-risk industries are typically defined as businesses that are considered to pose a higher risk of chargebacks, fraud, or other types of financial losses to merchant services providers and processors. Apply now and you can set up your online casino and gaming merchant account and run within 24 hours and with no limitations. Join our LinkedIn Page at. What Makes a Gambling Merchant Account High-Risk? Most banks consider gambling “high risk. Stax: Best for avoiding transaction fees. At EMB, our high-risk merchant accounts are our primary focus, and our team of professionals have years of experience in tailoring solutions to meet businesses’ unique needs and address their biggest challenges. High-Risk merchant accounts are considered slightly riskier than normal merchant accounts. Receive fast approval and start utilizing your high-risk merchant account today. Fraud Prevention: Choose processors equipped with. High volume solutions: load balancing gateways and multiple MIDS. The merchant account for online gaming setup is easy and has many benefits. Why Gaming Merchant Account Is High-Risk Business. e. PayCly is a pioneer in online high-risk merchant account services in Singapore. Online Gaming Merchant Account - HighRisk Gateways : u/highriskgateways What is this? An online gaming merchant account is a customized merchant service that helps in. MCC 6211. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. Chargeback protection. The merchant account for online gamers is a high-risk merchant account. Is Online Gaming Merchant Consider High-risk? Online gaming merchant is considered high-risk by most of the acquiring bank. A high-risk merchant account is a label your payment processor has given your business. The chosen high risk merchant account should be easily integrated with the business’s current account software and inventory management systems. A high-risk merchant account is a type of bank account designed for businesses considered high-risk by financial institutions. Coaching & seminars. Step 1: A customer buys a product or service either online or in-store. The Allied payment gateway has an industry-leading 99. Apply Now. It will involve continuous management of systems to ensure a secure and seamless checkout process. We assist people in any kind of business in any part of the world. Stripe: Best for owners of multiple businesses and brands. A high risk merchant has been classified by the banks as belonging to an industry that has above average chargeback rates and instances of fraud. The first step in building a solid plan is to add a “comprehensive digital element” to existing, physical vetting methods. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor : Look for a payment processor that specializes in online gaming and has experience in dealing with the industry’s specific. The finest investment an online gaming business can make is to look for a high-risk merchant account that is reliable and trustworthy to process payments safely. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. Moving companies. Start Accepting Credit Cards in as little as 1 Business Day!The online gaming industry is ripe for fraud. Selecting the ideal payment processing partner is a pivotal step in effectively managing a high-risk merchant account. ”. It is a type of bank account applied for by a merchant for the purpose of facilitating the transfer of funds from a paying client’s credit card into the merchant’s bank account. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. The first step on your path to a new merchant account is starting the Easy Pay Direct application or if you would rather chat with someone to find out more, call us at (800) 805-4949 *. Online Gaming Merchant Account is a high-risk account. In addition, businesses generally see an increase in ordering and payment acceptance rates with the high risk gateway. Industries that have higher than normal incidences for fraud and chargebacks, “legal gray areas”, age restrictions, and so forth are likely to hit a brick wall when it comes to securing a high-risk merchant account. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. 3. As a kicker…. Company Registration. EMB provides multiple payment options, including credit cards, eCheck processing, and. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. The right card processor will be available to help you solve issues 24/7 through various channels. Last updated: May 2023. 95%. 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. Whenever a business exceeds a 2% chargeback ratio, credit card companies can fine the processor that provided the high-ticket merchant account. For more information, please contact us at 800. Not every online gaming platform can be considered high risk, as your area, the volume of your company and the risks it attracts make you a high risk brand. Nowadays many gaming business owners can expand their profits and generating more revenues opportunity by getting high-risk merchant account for credit card processing,. Support free trial. These providers offer specialized payment processing services tailored to the unique needs of high risk merchants,. Have you heard about eMerchantBroker. Our merchant accounts provide you with the platform to handle all payments for businesses considered high risk, without the extreme fees of the industry. However, account closures, particularly for high-risk merchants like adult merchants and online gaming businesses, can significantly impact revenue and reputation. Post Views: 2,851. S. At WebPays, we deliver our payment services to high-risk businesses in the travel, crypto, adult, online gaming, online casinos, pharmaceuticals, and CBD industries to deliver the most increased. Our gateway partners like NMI and Authorize. 4949 or get started here . The Benefits of High-Risk Merchant Accounts: 1. Payment processing fees: 2% to 3. 4. Gun Friendly. Therefore, it’s crucial to address any loose ends before applying for an online gaming merchant account. 4) E-Cigarette and Vaping Merchants. high risk merchant account (139) high risk payment gateway (44) high risk processing (72) Independent Software Vеndоrѕ (2) International Merchant Account (13. com is rated A by Card Payment Options and is named one of Inc. Each type has its benefits and limitations and can be an important part of a chargeback management system. Reputable payment processors like emerchantbroker. In the gaming industry, customers may dispute or reverse their transactions due to various reasons such as dissatisfaction with the game outcome or. Look for processors that offer: Experience: Opt for providers with a proven track record in handling high-risk industries. FYI – GBO is a premier payment solution provider for online casinos. PaymentCloud: Best for software integrations. 05 per transaction; Maximize approval ratios based on your target customer base; High-risk rates as low as blended 2. Your High risk merchant source! Lowest rates guaranteed and fastest service. On other side of that coin, standard banks do not underwrite these accounts. 5 Star Processing Offers Online Gaming Merchant Accounts. Business must process at least $100,000 per month to be eligible for a high-volume merchant. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. Gspay. An online casino merchant account is a special type of account designed to cater to the payment processing needs of high-risk industries like online gambling and gaming. jakethad Feb 20, 2007 9:36 AM Your High risk merchant source! Lowest rates guaranteed and fastest service. Generally, a merchant account is to a payment processor already on the website or application. 5 percent. MOTO Merchant Account. If you do happen to receive the high-risk classification, here are the likely consequences to keep in mind: Higher fees for every transaction. This report came just days prior to the hack of eBay which put millions of account holders’ personal information at risk. Merchant account providers like banks and third-party payment processing companies typically set higher fees and stricter limits for high-risk businesses as a way to protect themselves in case of an. You can even create follow-up campaigns and offer 2. High-risk Merchant Account Services. The resources available within the FCAC is quite extensive as they endeavor to give merchants the best possible start with choosing the right merchant account provider for their business. Exempli gratia, e-commerce is counted among the high-risk. 06 trillion US dollars by 2020. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. high risk merchant account. Online Gaming Merchant Account Services. High-risk transactions often require additional scrutiny, security. Again, adult entertainment account and payment processing rates fluctuate with season. Approvals typically take less than 3-5 days! High Risk Credit Card Processing. Why your merchant account is labeled as high risk? Well, there’re several traits that define a merchant account as high risk. 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. We guide online casino businesses in establishing. 000 euros. Authorize. Longer approval times are almost always due to delays. High Risk Solutions has relationships with numerous banks, both offshore and domestic, and has been providing credit card processing services for businesses since. 05 per transaction; Maximize approval ratios based on your target customer base; High-risk rates as low as blended 2. If a high risk business tries to get a low risk payment processor, there is a high chance of getting the account terminated at any time. It’s estimated 1. 1. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. Online gaming is one of the most popular high risk merchant accounts. For example, the type of industry, the industry's reputation, the place of your business, a higher chargeback ratio, higher return volume & higher chances of fraud, high ticket items, and bad credit scores are a few grounds to consider a business high-risk. Fill in all the required fields. A high-risk transaction refers to a financial exchange that poses an elevated level of risk for either the merchant or the payment processor. 4% for mid-risk transactions. A typical issue in a gaming merchant. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. Browse short-form content that's perfect for a quick read. 9. Begin accepting and processing debit and. A high-risk merchant account can help businesses that are considered high risk to accept payments smoothly and securely. There are several type of fees attached to accommodate to the financial loss from the Acquirers. Step 1: A customer buys a product or service either online or in-store. Today, high risk merchant accounts are classified as high risk due to several. ccNetPay – Best for a simple pricing structure and EU transactions. 3% to 3. You can safeguard your payment processing via. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. A high-risk merchant account is a type of business account offered by a payment processor or a bank, designed specifically for businesses deemed “high-risk. About. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. and many more. Ultimately, a high-risk ACH account. Credit card. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. In-Store. In fa. Small Business. Banking For Nearly Every Vertical – We offer merchant accounts for almost every vertical, including high risk merchants and much more. This process will likely take the longest, and there is nothing to do but wait to hear about an approval or denial. Fantasy Sports is Considered a High-Risk Business While a fantasy merchant account is a necessity, many fantasy sports companies struggle to access payment processing. Restaurant. Moreoer, it is a secure. iPad. 1) Online payments where the purchase is made via the Internet and not at a physical store. There are a few steps you can take to keep your gaming merchant account's chargeback ratio under 1%. The Best Merchant Account Service Providers of 2023. In 2019, merchants will need to remain vigilant in not allowing their. 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. When you accept credit card for online gaming business to be likely creating more sales for your online business website. EMB specializes in all industries that are considered high risk. Some of the high risk industries they have worked with include: tech support, gaming, e-cigarettes, adult entertainment, nutraceuticals, gambling, and airlines, among others. Point of Banking / CashlessATM. Gaming. High-Risk Merchant Accounts face several unique challenges, including: 1. Here are just a few excellent high-risk merchant account providers to help you start your search off right: Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. Also included are some valuable tips to decrease the risk associated with the online payment process. Merchants in these categories for two consecutive months are placed in Mastercard’s. Some examples of high risk merchant account providers include Durango Merchant Services, EMB, and High Risk Solutions. Our tools have been designed with business owners in mind, and our goal is to assist growing high risk businesses to reach the next level of success. Emerchantbroker. This includes CBD and Kratom businesses. The customer contacts their bank or credit card company and requests that the transaction be reversed, which leads to the merchant’s account being charged back for the amount of the disputed transaction. Acquiring banks must assess the risk of each Merchant account before the agree to process credit card payments. Alipay. Our experts at Salus Payments recommend trying to keep your chargeback ratio less than 0. People could always find things that are new and might be more interesting to them after a while. Merchant Discount Rate (MDR) or commission rate. Chargeback Alerts. No matter you’re a new business or the owner of top adult websites, you can get a secure and low-cost adult merchant account if you turn to EMB. Protect high-risk and adult gaming transactions with comprehensive fraud management. As such, the primary factors that matter with a high-risk merchant account are processing history and industry reputation. Segpay Carat Online Gaming Merchant Account Services As one of the most popular high-risk payment processors in the world, Segpay leads the way in online gaming credit card processing. PayPal – Best for a pay-as-you-go pricing structure. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Best high risk merchant accounts at a glance. For businesses that are deemed to be high risk for a variety of reasons, such as having. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options, eMerchantBroker. Health supplements. One problem the online gambling and casino industry faces is obtaining a merchant account, as acquirers are seldom willing to work with them, given the high-risk nature of their business. Low Credit Score, you are considered a high risk merchant if your credit score is low as there are possibilities that you find it hard to repay your negative balance. But the reality is that these are the industries that make the most of the profits that run the economies of countries. Being labeled “high risk” should not signal the end of a high risk business. net offers high-risk merchants all the tools for high-risk payment processing. We understand the unique challenges of your business and can. Authorize. This can be attributed to the growth in the online gambling space. The exception is for high-risk merchants, where the additional underwriting required to approve an account sometimes justifies paying a setup fee. There are several criteria to determine the risk level of a business: high transaction volume, international payment (geographic location. The reasons are as follows: Online gambling businesses feature a high-volume turnover; Most gaming businesses are based offshoreIf you are a businessman, you can look for secure payouts through a high-risk gateway process. Square: Best overall. WebPays. So, why is this the case? With an online gaming credit card processing solution and merchant account from BankCard USA, you can bypass the app store and so much more: Process all forms of electronic payment, including all major credit/debit cards and ACH transfers. Unfortunately I've never heard of this company before and couldn't find anything online. An online high risk merchant account will help you to accept alternative payment methods, such as prepaid debit cards, e-check for high risk businesses, ACH, and crypto payments, which are not accepted by standard merchant account prpcessors. Thanks to the power of online technology, online casinos have been able to prosper in recent years, giving casino business owners new opportunities to expand into the digital world and offer. When searching for a high-risk merchant account, processing limits are a crucial factor to take into account. Contact a Leap. Electronic cigarettes & vape. 1) Brick-and-mortar businesses where the credit card is physically presented. Tags: Articles Credit and Debit Card Payments EMB solutions high risk merchant account offshore merchant account Offshore Payment Processing. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. For any business that deals with a lot of transactions and operates in a high-risk category, having a merchant account is vital. Especially considered to be video games played online all over the world. Each type has its benefits and limitations and can be an important part of a chargeback management system. Over the past 18 years, the company has successfully provided proven, reliable. High Risk Merchant Account Tobacco. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. 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. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. eMerchantBroker (EMB): EMB stands out as another leading high-risk and one of the best merchant account services provider in 2023. When you have a designated bank account for your business, it speaks volumes about the seriousness of your business. Salons. Payment service provider Content- Hi! My name is Martina. However, before you are able to do that, your first mission,. Websites with Money Prizes: VISA without a license will use MCC 7994 or 7999Low-risk rates, as low as $99 per month and $. Gun Friendly. Gaming payment processing typically involves a. We’re offering an online gaming merchant account. You can safeguard your payment processing via. Nutra Merchant Account. These online merchants can have an extremely tough time finding a high-risk merchant account. High chargeback ratios. High-risk businesses can expect processing rates of 3. 100% of all merchants recieve their merchant account. To process debit and credit card payments, these businesses require a specialized high-risk merchant account, acting as a protective shield against potential financial pitfalls. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. eBay claims that no payment details were compromised but 145 million records containing personal information including addresses, email addresses, and encrypted passwords were stolen. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . Processing limitations describe the highest sales volume that a payment processor will let a merchant process in a certain period of time, typically monthly or annually. banks and financial service providers deny working with this industry. eMerchant Authority offers payment processing options for both domestic and offshore gaming businesses. With a merchant account from Instabill, we offer live support Monday. Fantasy Sports is Considered a High-Risk Business. For businesses that are deemed to be high risk for a variety of reasons, such as. This will make tracking sales easier and less stressful for the business. International Access. As a kicker…. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. In this comprehensive guide, we’ll delve deep into. Enquiry Now. The original risk factors are gaming and gambling. Each Certified Payment Specialists have “been there and done that” hundreds - or thousands of times. Instant Approval. Bank accounts for Startups companies; Best Business Bank Accounts for Online Business 2023; Affiliate Company Formation and Affiliate Bank Account Opening; e-Commerce Company formation & Banking solutions; Feelancers Financial Solutions; High-Risk Merchant Accounts in Europe for Online Business; Knowledge center; About us. High-risk merchant accounts are for businesses that are worried about fraud or chargebacks. Take steps to improve your credit score, ensure your debts are in good standing, and. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. According to industry experts, there is a strong correlation between a high rate of chargebacks and poor customers service. PayKings has the knowledge, experience, and expertise in high risk. These accounts are ideal for businesses that offer online gaming services, such as casinos, sports betting, fantasy sports, and more. Fees also vary by provider and in most cases, pricing is set individually for every merchant. More than 74% of consumers in this category were rejected for loans and credit. Outbound Telemarketing (card-absent) MCC 5968. This expands. Learn about online gaming merchant accounts, top high. The Best Merchant Account Service Providers of 2023. Getting rid of all scams and chargebacks is now easy with our services. Issuu Store. If your company is in need of a high risk merchant. Documents needed to open an online gaming merchant account. WorldPay – Best for set monthly fees and regular payouts. Nonetheless, we have a high endorsement rate for high risk merchants and offer. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. Whether it is about increasing your sales or generating revenues, we are there to help with our experienced team. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. E-gaming companies operating an online casino need a merchant account in order to accept payments from their players. At last, we also learn some benefits and drawbacks of using a high. Online Gaming Merchant Account is a specially customized merchant account for traders who are prone to high risk appetite. twitter. Dating. Why Choose TouchSuite for a High-Risk Merchant Account? Expertise in High-Risk Industries At TouchSuite, we understand the unique challenges faced by high-risk businesses. A High-Risk Merchant Account needs a payment processing solution for the generation of revenue. High Excessive Chargeback Merchant: The merchant has a minimum of 300 chargebacks, resulting in a ratio of at least 3 percent. These providers offer specialized payment processing services tailored to the unique needs of high risk merchants,. 9. 7995 is classified as a high-risk business. These are important to look out for before giving green light to online gaming merchant accounts. A classic example of a high-risk online business is e-Gaming. The PayKings team has high risk merchant accounts for businesses with high risk payment processing volumes of $20,000-$100,000,000+ per month. An easy application process. How to apply for a Gaming Merchant Account. Purchase your next favourite publicationEMB promises an open and honest application process, with as little as a 24-hour wait to be approved for a high risk merchant account. Meanwhile, businesses with low or moderate risk are less likely to be targeted for cancellations and other types of deception. An online gaming merchant account is a business account used to process payments of the customers/players. 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. + Follow. High-Risk Merchant Accounts. Merchant Services; High Risk Merchant Accounts; POS System for Small Businesses; Mobile Credit Card Processing for Small Businesses; Industries; Net 30. Proceed With CautionGaming Merchant Account Solutions for International Gaming Merchant. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity protection. As a high-risk merchant, maintaining a secure and stable payment processing solution is vital to your business’s success. Increased. Mobile-based payment gateways have particularly been on the rise and are poised to lead the global payment markets in the coming years, further fueling the growth of e-commerce. 4 min read · Feb 25Gaming Industry Merchant Services. High Risk Merchant Account; Contact Us. Online gaming and gambling. However, with high risk does come high reward. There are tons of high-risk merchant services providers out there, so it’s. Online gaming merchant account demand has been on the rise over the recent few years. Offshore high-risk merchant accounts often impose fewer limitations on where your customers or payments originate. Best high-risk Merchant Accounts for online businesses . A high-risk merchant account is a payment processing service that is provided for businesses that financial institutions have categorized as riskier than standard merchant accounts. facebook. A high-risk merchant account can have a rolling reserve feature to protect against chargebacks or fraud. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. Easy Pay Direct offers Transaction. Because of the legality issues and the high chargeback ratio of many online casino and gaming platforms, these accounts are considered to be high risk. Especially with online gambling, several little transactions are produced, and the corresponding banks frequently charge a significantly larger percentage fee. banks and financial service providers deny working with this industry. Doubtful bank statement. Because this account is used for riskier business, it has more security. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts.