Online Casino Merchant Account An Innovative Solution For The Casino Industry

By Author: eskaypay
Total Articles: 14
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Online casino business depends on credit card payment processing for their survival. Credit card payments allow their customers to instantly deposit funds into their virtual casino accounts without having to wait for a check to get clear.

However, many card payment processors and banks do not accept the application form of online casino businesses. They classify any casino business to be too risky because some customers tend to dispute their casino deposit payments after losing them.

Therefore, it will be a lengthy and complex process to get approval for an online casino merchant account. Luckily, there are payment processing service providers who specialize in dealing with high-risk businesses. You will know more about those as you continue reading.

Do you need a high-risk merchant account?

If your business falls under any of the criteria classed as high-risk, you may face lots of difficulties to obtain a merchant account to accept card payment online from your customers. In this case, you could benefit from the high-risk merchant account service provider.
A standard high-risk merchant account ...
... will:

• Impose a longer settlement period
• Offer increased account security

The payments associated with these industry sectors are considered as high-risk by banks due to the nature of the industry, the business model, and the way the product or service is delivered or offered out.

Your poor credit history could be a reason for the banks to consider your business as high-risk. However, in this case, higher fees will likely reduce over time as long as you get payments on time to repair your credit.

EskayPay as your service provider

When we look for the top payment processing service provider in the industry, EskayPay has a significant place. It offers online casino merchant account to the merchants involved in the casino industry to manage their financial transactions. Plus, it provides high-risk payment integration to the merchant with their website.
EskayPay offers dedicated technical assistance to their merchants to make their payment processing more impactful and hassle-free.

There are several benefits you get with EskayPay. Here are some of them:

Card payment an essential feature for merchants

As a merchant has the ability to process quickly and easily credit and debit card payments from online players is crucial for online casino industries. To achieve the optimal user experience and make it as simple as possible for your customers to make payment at your website, it is vital to accept all the major card brands like Amex, JCB, Visa, MasterCard, etc.

As an international online casino business credit card processing is an ideal choice to collect their payouts. You can process the payment on a real-time basis with multiple currencies.

Secure payment gateway

EskayPay provides several very secure payment solutions that will protect your business from risks, chargeback, and credit card frauds.

This involves our secure payment gateway processing which protects both you and your merchants' bank from the losses connected with chargebacks and credit card fraud.

Our gateway emphasizes high levels of control and advanced security, and is implemented with:

• SSL encryption to encrypt sensitive payment information

• PCI-DSS Level 1 compliance to protect your card payment from attackers

• Fraud management tools to protect your business from fraudulent transactions

• Enhanced reporting functions

Make it convenient to pay for your customers

Swift and seamless payment processing is an essential feature for all online casino businesses. It is not only a way to maximize revenue by making payment processing as easy as possible for your customers to make payment against their purchase, but it also enhances your customer experience and retention rates.

Having the ability to accept payment easily from your customers and make payouts to winners is the bread and butter of your user experience. Due to this, selecting an appropriate payment processing is vital for online casino merchants.

Chargeback prevention for an online casino business

Chargeback is one of the major problems for an online casino business. When an online player at an online blackjack table faces a huge loss, he calls their credit card issuer and denies the charge. It rarely happens that a merchant win in this fight.

EskayPay provides merchants all the information they require to prevent, dispute, and even reverse chargeback with its frequent blog posts on chargeback strategy. Plus, our security tools make it way easier for a merchant to deal with chargeback and fraudulent transactions.

Conclusion

If you are a merchant involved in the casino business and have struggled with getting merchant account approval from traditional banks and payment processors, EskayPay is the right destination to get help. So, our application process is easy and quick for the merchants. Merchants can easily get in touch with our expert team. They will support you on every step.

To know more about EskayPay and Online Casino Merchant Account, fill an online form available on our website.