Thread: Casino and Gambling Merchant Accounts

Setting up an online gambling site can be a great way to earn money. These sites are extremely popular and the industry continues to grow year after year. In order to run this business you will need to have a way to accept money. In person this isn't an issue but online you will need to sign up for a merchant account.

Some gambling websites use PayPal to accept money. This is a fairly popular way to get paid however it's not the most secure or fair payment gateway to use. Using a merchant account from a bank should be much cheaper which in turn means you can earn more profit.

High Risk

There are many problems running a Casino or gambling website. The first will be attracting people to use your site because there are so many sites out there. The next will be finding a merchant account. Gambling is seen as a high risk business because you are not selling tangible goods.

Another reason it's seen as high risk is because many people who have stolen credit cards will attempt to put them through casino or other gambling sites.

Choosing Merchant Accounts

There are many different merchant accounts which can be used by gambling sites. The problem with these is that they are often much more expensive than for a normal business because of the higher perceived risk.

The key is to shop around and look for the best value rates for your business. The lower the fees are the more you will be able to make in profit.

There are a few merchant account providers which specialise in providing merchant accounts to higher risk businesses including casinos. Some of these include Instabill. Although some sites do use PayPal it would be difficult to fight against chargebacks.

When shopping for merchant accounts make sure that the features include anti fraud filters. These will help to protect your business from fraudulent transactions.

If you are looking for a payment solution that can place high risk merchants, we might be able to help you.

We are a BBB accredited company with an A+ rating. We specialize in placing High risk and difficult to acquire merchant accounts.

We can place merchants for the below mentioned business's and many more.
High Average Tickets,
Credit/Debt Collections,
Poor Credit,
Telemarketing,
Timeshare and Vacation rentals,
Travel Services,
Multi Currency,
Mail and Telephone Order,
High Volume,
Real Estate,
Herbal Supplements,
Financial consulting,
Ebooks and Software downloads,
Dating websites,
SEO Services,
VOIP,
MLM,
Business Opportunities,
Direct Selling,
Annual Contracts.

We can accept merchants from many countries.

Let me know if you would be interested in our services. Looking forward to hear from you soon.
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Regards,
Bhagesh Nair - +91 9890985040
Email - bhagesh.nair@pbec.co.in, info@pbec.co.in
Skype - bhagesh.nair
Plan B Enterprise Consultants