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!
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.
It is a bit difficult to get an internet gambling merchant account because of the lack of reliability and trust in the gambling industry.
US Based? Gambling? Online? Those 3 words totally does not go hand in hand. Trust me, you will not be able to get a good gambling merchant account in the USA without first killing yourself talking to Uncle Sam.
If your customers have US bank accounts, they can also pay using ACH processing which is also possible off shore.Hope this helps!
Maverick Bankcard is also a great merchant services company. They have been around for over twelve years and specialize in high risk, off shore, and domestic merchant accounts.