The online gaming and gambling market is exploding, businesses are becoming increasingly lucrative, and the need for a reliable gaming merchant account is skyrocketing. Whether you’re an online casino, massively multiplayer online (MMO), or a mobile app-based game, your online gaming company is more than likely having a hard time finding a payment processor, due to several factors.
With no clear universal regulations, there are blurred lines when it comes to legal compliance, age regulations, and the need for verification on online gaming and gambling websites/apps. Processors consider online gaming/gambling to be high risk due to the complexity of adhering to different state laws and federal regulations (such as the Unlawful Internet Gambling Enforcement Act). The industry tends to have a higher rate of chargebacks as well.
Although a majority of banks and credit card companies refuse to offer online gaming credit card processing, we understand the risks associated with your industry, are happy to work with your online gaming company and have solutions to get your gaming merchant account up and running quickly.
We accept merchants terminated or on the TMF/Match list