The internet growth & technological creativity along with innovation, industries have risen. With constant online gaming, the universe is one industry that is known as the gaming industry. This industry has grown into a multi-billion-dollar business. The digital gaming industry is also one of the booming industries with a growing parabolic graph for Online gamingMerchant Account in the world.
Why is the Online Gaming Industry referred to as “High Risk”?
Have you searched for how you can get a Gaming Merchant Account or Gambling Merchant Account? We refer to gaming as a high-risk industry. The Acquiring Banks call out the gaming industry as a high risk industry. It’s difficult to search for an OnlinegamingMerchant Account. While with online gaming various companies can create small transactions & they hit with a much higher percentage fee. The Acquiring Bank sets these criteria.
The merchant account providers consider OnlinegamingMerchant Account as high-risk merchant account because of the following reasons:-
- The gaming business holds a high volume turnover that is a risk factor
- The Acquiring Banks & merchant account providers refer to the gaming industry as a high-risk industry
- The gaming businesses are offshore based & get money laundering & fraud that makes it as a high-risk business
- The merchant account providers and banks consider the product that deals into the gaming industry as a high-risk product as there is a potential for huge charge-backs & refunds that increases the liability the processor would incur while processing for the business
- The gaming business merchants are relatively new in the field & contain no credit line that increases the chances of insolvency & places the bank/merchant account provider for underwriting them at a financial risk.
Thus, all these signs show that online gaming & casinos are lucrative businesses, various traditional financial institutions won’t gamble upon them.
How can you get a High-Risk Online Gaming Merchant Account?
With eMerchant Pro, you can easily get a Dedicated International Merchant Account. The international network of banks/partners that have expertise in Online Gaming Merchant Accounts & payment processing systems facilitate access to extremely competitive rates. This ensures a kind of resiliency in the business that operates across multiple acquiring banks. Also, the best solution provider helps the merchants to provide you with one of the best solutions that can expand your business.
The requirement of documentation while applying for an OnlinegamingMerchant Account
The specialized solution provider of merchant accounts is developed specifically for gaming & casino organizations. If you are eager to get an OnlinegamingMerchant Account, you need to contact eMerchant Pro So, to keep you Merchant Account in standing good position, You need to choose the best solution provider.
The online gaming industry is also one of the booming industries with a growing incredible graph for Online gaming Merchant Account in the world. As it offers many advantages and also secures the transactions.







