View Full Version : What's the best merchant account service for gambling related business?
skore
Sep 26th 2006, 7:17 pm
Hi -
I am looking for recommendations for the best merchant account for a betting/gambling related website that we are developing.
Does anyone have any recommendations?
Thanks in advance!
eXe
Sep 26th 2006, 10:36 pm
Do you have a US address, US bank account & social security number?
etechsupport
Sep 27th 2006, 2:06 am
I think you need processor who are dealing high risk service such as instabill/chronopay.com
skore
Sep 27th 2006, 5:48 am
Do you have a US address, US bank account & social security number?
Yes - US based company
jestep
Sep 27th 2006, 7:03 am
You must use an offshore provider. It is completely pohibited to process with any american company, so I would just avoid wasting any time and not even try.
Gambling is considered very high risk, and you should expect a processing rate of at least 7%. Look for offshore merchant account providers that accept gambling merchants.
Jerad
Sep 27th 2006, 12:17 pm
It is a bit difficult to get an internet gambling merchant account because of the lack of reliability and trust in the gambling industry.
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