Increase Your Revenue From Online Gaming Merchant Accounts

By Author: Radiant pay
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A High-risk merchant account is an agreement between a bank and a high-risk merchant allowing the latter to accept payments online. The global media and entertainment market, which includes online casinos and gaming, is projected to grow worldwide. As an important and ever-developing market, online gaming has exploded over the years and is expected to continue to gain in popularity. Though all signs show that online gaming and casinos are lucrative businesses, many traditional financial institutions won’t take a gamble on them. The industry’s background and history, high chargeback ratios, and potential legal issues due to ambiguous laws keep banks away from these merchants.
With the sharp rise in e-gaming popularity, RADIANT PAY can offer online gaming merchant account solutions – domestic and offshore – with competitive rates. Radiant Pay Gambling Merchant Accounts offer you a level of service that will help your business succeed and increase profits.
Instances that make an Online Gaming Merchant Account High Risk:
1. The Card and Cardholder are not present: Since the dawn of e-commerce, if the ...
... credit card is not present at the point of sale at the time of sale, an acquiring bank will consider your business high risk.
2. The risk of fraud increases exponentially
3.Potentially High Chargebacks
4. Downloads Opposed To Physical Goods
5. Files downloaded from websites pose significant risk because of the possibility of what can go awry: Corrupt files, Online gamer downloaded the wrong file, the downloaded game isn’t to the liking of the gamer, outdated computer can’t handle the download.
6. Online Gaming Businesses Have Volume Concerns
Need an Online Gaming Merchant Account:
Grow your base by improving gamers’ experience
Make it easier and faster to take payments
Work with a partner who understands the needs of the industry
Reduce your costs, accelerate growth and improve players’ experience with the right gaming merchant services
Why a Radiant pay an Online Gaming Merchant Account:
The global growth of online gaming has been nothing short of phenomenal.
Whatever type of games company you are, Radiant Pay makes payments simple and helps you increase player conversions and sales.
Enable the consumer to interact with the payments platform through the usual international card and domestic card types as well as the ever-increasing number of alternative payment methods.
Provide tailored merchant services which meet the exacting requirements of online gaming companies.
Opportunity to easily expand into new markets and reduce currency conversion rates.
Flexibility: We build our merchant services around your unique business model, whether it’s one-click tokenisation for fast, in-game payments, or recurring transactions for game subscriptions.
Offer dedicated support from a team with decades of experience in payment processing and online gaming. They can work with you to continually fine-tune your payment acceptance methods and increase customer conversion rates.
Our international network of many banks provides you with access to the most competitive rates and ensures you have resiliency in the business, operating across many different acquiring banks that can all be placed on our gateway without the need for individual integrations, saving time and money.
We can also help to reduce your foreign exchange exposure to further improve your profitability.
The prominent feature of having a Radiant Pay Gaming Merchant Account is the possibility to payout to you on the same card from which you used to pay and promise to pay back to the customers and bear company's liability.