Why Merchant Account is very necessary for online gambling merchants?
All legalized, online gambling sites demand Internet merchant accounts to allow their customers to make a deposit or place a bet with their credit card.
It is almost impossible to run a beneficial online gambling operation without a merchant account that provides the process of credit card solutions for customers in real time. Most merchant account providers avoid these merchants. The business may be profitable but most find it much more dangerous than the adult services and may allow adult service providers in their merchant panel but prohibit online casino sites.
Why High-risk-merchant-accounts.biz provides Merchant Accounts for online gambling businesses?
The providing merchant accounts to online gambling businesses started out by High-risk-merchant-accounts.biz in 2001. Some of these companies have since become Blue-Chip companies on the UK and other European stock exchanges, whilst others have left private and through their online merchant accounts continue to process millions of dollars monthly. We realize this market will continue to acquire worldwide, High-risk-merchant-accounts therefore shall continue to provide the process of online payment for online gambling businesses for years to come.
Bill Would Reverse Online Gambling Ban (in the US) (external link)
What are the general Rates adult Merchants pay for their credit card processing accounts?
Online Gambling merchant account rates are assessed on a case by case basis. Gambling merchants with turnover that is the highest in a month sales in immoderation of $1 million generally pay between 3-4% for their merchant account, whilst start up gambling merchants and, those online gambling merchants with the lowest monthly sales turnover (less than $50,000 per month) generally get rate offerings between 5-6%.
What is the usual period of time from what I submit my merchant account application to receive a merchant account approbation?
One of merchant acquiring bank providers sends to High-risk-merchant-accounts the answer from within 3 working days. An High-risk-merchant-accounts Account Manager, upon receiving a merchant account approval notice, communicates all the credit card processing terms and conditions of the bank to the merchant. If the offer is accepted by the merchant, a merchant account contract is emailed to the merchant for them to sign and return the contract back to High-risk-merchant-accounts. Live processing can usually start 24-48 hours later.
Our approval rate is 98% and you eventually will be able to get the chance to prove that your business will be a great success!
