Casino merchant account supports online casino businesses in expanding their client base

A casino merchant account enables you to process online payments efficiently and expand your online casino business globally. As per the research conducted by “The Gambling Commission”, betting and online casino deliver a large volume of the entire industry market share. Casino games, sports betting, and online gaming websites surround the primary ratio. The enormous growth in the accessibility of online gambling and online paid-to-game websites has improved the significance of merchant accounts in this sort of industry.

Gaming Industry Merchant Account Services

The online casino industry is well-known as online gaming in the merchant service industry. The prevalence of credit card processing providers evaluates it as a high-risk industry because of specific reasons. Some of the primary reasons are:

? Online casino businesses produce high-volume turnover which expands the risk volume when an acquiring bank analyzes the merchant’s business profile.

? Most online gaming businesses are based internationally, therefore, there happen many issues comprising fraud and money laundering.

? Startup businesses find it tough to persuade the acquiring bank because of the deficiency of credit scores.

How Casino Merchant Accounts Are Advantageous For Online Casino Business?

To receive credit and debit card transactions, these online gambling businesses require a casino merchant account in Europe (Denmark, Germany, Norway, Finland, France, Netherlands, etc.). Being a financial merchant account, it enables the transmission of funds from card-issuing banks to the online business bank account of casino merchants. Moreover, there also have various other benefits. If you want to know them? Here they are

? Increased business revenue

DCC produces extra business revenue from global payments that are already present.

? Zero foreign exchange risk

There is no foreign exchange risk to online merchants because they are handled by the payment service providing business.

? Chance to increase global client base

By enabling global customers to pay in their native currency, it is very easy to increase the number of viewers.

Extra benefits of a casino merchant account

Merchant account services deliver advantages more than you can expect. Apart from the benefits, you find above, there are some more perks you must know. Let’s reveal them in the below-mentioned section:

? Affordable Prices

? Fast authorizations within 24-48 hours

? High-volume casino payment processing solutions such as numerous MIDS and load-balancing payment gateways

? Fraud prevention features along with chargeback protection systems

? Help for online gaming managers

? A complete suite of anti-fraud procedures

? Multiple online payment methods

? Real-time reporting mechanisms that provide a clear summary of all sorts of online payments

? Numerous payment gateway integration choices that merchants decrease the load of PCI-DSS compliance

? Tokenization to assure the front-end sounds with the details in the back-end methods

Primary factors to consider when preferring an online casino merchant account

Some major factors to evaluate when choosing an online casino payment gateway are.

1. Desiring an online casino payment gateway provider with the most inferior fees

Every online merchant wants to get an excellent payment processing service at the most inferior fees. If you are looking for an online casino payment gateway Netherlands with inferior prices, you should understand that not all of them are secure and reliable. A significant part of online businesses will not save all your business requirements. So, don’t prefer cheap payment processing services. They can destroy your online casino business.

2. Take liability for securing online payment details

When it comes to payment details security, every online business merchant should choose a PSP that is a PCI-DSS-compliant payment processing platform. The Payment Card Industry Security Standards Council certificate provides merchants with not only a choice to satisfy the current payment details security needs but also to enhance the role of the entire infrastructure.

On the one part, the payment platform is growing safer, and on the other part, it improves the mindset of consumers on the payment services provided. The online business also reduces its losses from hacker attacks.

Also, merchants have the choice to ensure the verification and verify the reliability of the payment method by themselves. But ensuring the proper level of security and authorizing an assessment is a cruel process. In this case, it is fine to prefer an online casino merchant account Netherlands with the appropriate verification.

3. Providing fewer online payment modes

Every business merchant handles to extend their gambling business and offers an extensive assortment of payment processing solutions to their consumers.

Some online buyers do not like to make online payments with the help of their credit cards for security issues. If you cannot deliver various alternative payment methods, you will abandon a significant number of possible consumers.

By offering multiple alternative payment methods for online casino businesses, you receive the ability to obtain more extensive observers and broaden your zones.

If you’re not offering such methods of online payment as mobile transactions, contactless payments, eWallets, and many others, some conceivable buyers would like to entrust your online casino business.

How can you avoid chargebacks with WebPays?

As we already know chargebacks are a primary issue for the online casino industry, WebPays has various solutions to keep this stake away. Online gamers at an online blackjack table when bearing a huge loss, call their credit card issuer and refuse the payment. This results in a battle that is difficult to succeed for online eCommerce merchants. At WebPays, we suggest the best chargeback prevention solutions to merchants how to evade such situations and conflicts so as to make huge profits without any hindrances. We also deliver multiple chargeback prevention features to our online casino merchants.

Conclusion?

If you are searching for the best payment processing solutions for your online casino businesses. WebPays will be the right choice and delivers a fast and smooth payment processing experience to online players. WebPays also have multiple payment gateway choices for high-risk businesses such as gambling payment gateway, adult merchant account, high-risk merchant account, etc. So, drop us a mail with your business structure and acquire the best payment gateway platform for your high-risk business.