Consider the following services EMB offers: Merchant Accounts. Get processing. The issue does not come with the search, but rather obtaining outside funding. We make payment processing for online gaming merchants as easy as 1-2-3 with our trusted network of offshore banks. Stripe is one of the leading merchant services providers out there. With billions of consumers now using the internet as the primary destination for shopping activities, you stand to gain a lot if you can successfully launch your business on the internet. + Follow. All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. As soon as. A high-risk merchant account is one that has been classified by merchant account providers to be exposed to high levels of fraud which could result in high chargebacks. Credit and debit cards are the next step in the development of the online gaming business. Talk to our representatives right away to discuss your options. To that point, some. Our system has reporting tools and channels to aid in-house solution. According to a recent study, the online gaming market is projected to grow by $142. EMB is voted the #1 high risk processor in the US and has an A+ rating with the BBB. Advantages and Limitations of Stripe as a Merchant Account Provider. With partnerships with more than 15 domestic acquiring banking partners, we are able to serve merchants in high risk industries as well as low risk, high volume, and low volume, and in-store or online. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment p. One of the reasons traditional banks are wary of taking on eGaming accounts is because of the issues involved with chargebacks. Chargebacks And Disputes When customers file a. Online. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. There is a lot of speed, convenience and security with the use of these plastics for transactions. Not so. These industries often involve increased potential for chargebacks, fraud, or regulatory issues. Many factors go into making e-Gaming a high-risk industry including chargeback disputes, complex legal issues, international clientele, risk of gambling addiction, and money laundering. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions. For this, the best option for small businesses is to look for outside funding. We offer affordable payment processing solutions for online gaming merchants to accept online payments through credit or debit cards. The merchant account should also include a high. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. Online gambling is popularly known as gaming in the merchant service industry. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. 3) Travel Merchants. 2. They provide flexible pricing options, fraud prevention tools, and excellent customer support. Protect high-risk and adult gaming transactions with comprehensive fraud management. We have solutions for all sorts of gaming businesses, whether gambling, casino, social gaming, etc. Offshore payment processors typically provide these high-risk merchant accounts in a foreign country. The Subscription boxes are regarded as at high risk in the merchant account. Our tools have been designed with business owners in mind, and our goal is to assist growing high risk businesses to reach the next level of success. Internet gambling laws are murky in many regions and an increasing number of companies are registered offshore. An online gaming merchant account is a business account used to process payments of the customers/players. This is the perfect solution for a pop-up shop, trade show, or any merchant who travels. Unfortunately, fantasy gaming is an industry that is classified as ‘high risk’ by many banks and financial service providers. You can also contact us online. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank assesses. The currency of your choice is delivered to your business. But. Bank-to-Bank Transfers. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games. High Risk Solutions Offered by the Online Gaming Merchant Account . 6% plus 10 cents, while the fee for a high-risk account might be 2. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. Published on August 17, 2017. Where does the U. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Businesses in high-risk industries, such as online gaming, adult entertainment, and nutraceuticals, may have difficulty obtaining domestic merchant accounts. EMB offers many credit and debit processing options through various ways including: mail, retail, phone. ; 99 percent approval for high-risk merchants, including those in the CBD, adult, online gaming, collections, nutraceutical 1. US and international merchant accounts. A high-risk merchant account is a label your payment processor has given your business. E-Gaming Merchant Accounts. Doubtful bank statement. Access 24/7 tech support for online gaming merchant accounts. It is only via a high-risk merchant account that a merchant can process credit and debit card transactions online. Online gaming is an important sector of that market, with global online gaming expected to expand from 126 petabytes in 2016 to over 568 petabytes by 2020. com Home; About Us; Categories. We provide the advanced merchant solution to high-risk businesses like online gaming. Fantasy Sports is Considered a High-Risk Business. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. OFFICE ADDRESS. When the ratios remain high, processors have no choice but to terminate their high-risk merchant accounts. Many small businesses have been taking their trades online to benefit from the huge online market. An online gaming merchant account is a customized merchant service that helps in online money collection. The two highest-risk accounts are online gaming and adult material. Those are required for the growth of your online business. High volume solutions: load balancing gateways and multiple MIDS. That is why it is highly important to search for a reputable payment processor that will get you a merchant account without major. It involves the transfer of funds between players, gaming companies, and financial institutions to enable the purchase of in-game items, virtual currencies, or to fund player accounts. Who We Are. Firearms: There is great controversy over gun ownership, regulation, and safety in the U. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. Our wide network of associates enables our merchant account experts to find you a personalized credit card processing solution. Our Social Gaming Merchant Account gives real-time authorization response and multi-currency. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. Sell across channels. You can begin the process by just applying online now. Browse short-form content that's perfect for a quick read. Social gaming. What makes an Online Gaming Merchant Account? The online gambling industry has operated in legal limbo for years, though the grey area has become smaller. Moving companies. The best small business merchant services accept all common credit cards, including Visa, Mastercard, and American Express. Social gaming. 2) High chargeback ratio. With Instabill’s online gaming. 4) E-Cigarette and Vaping Merchants. Depending on the needs of your online gaming merchant account provider, when creating an online gaming and casino merchant account, it is important that you have the following documents ready. That's where gaming merchant accounts come in - they are designed specifically for businesses operating in this niche. The Payment Experts. On other side of that coin, standard banks do not underwrite these accounts. In the last ten years, the gaming industry has grown a lot, and there are many ways to make money by selling popular games or other products. Every day brings new opportunities for merchants with a merchant account for online gaming. What Is A High Risk Merchant Account? Initially, when you apply for a merchant account, you will be required to submit both tax and business information as well as undergo a credit check. By utilizing a third-party processor, the merchant is able. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. Our gateway partners like NMI and Authorize. The vast majority of banks who are giving them a credit line consider this factor high. The gaming industry is a fast-growing industry and has enormous potential growth shortly with the evolution of technology and so the gaming industry. Once approved, EMB can also set up chargeback management tools and a payment gateway, along with a fraud filter for online payments. Online gambling is commonly known as gaming within the merchant services industry. Email Customer Service. To do so, your business will need a merchant account. This will allow you to continue doing business even in high-risk markets. Here, we will cover what makes a business high-risk and how a high-risk merchant account differs from a regular merchant account. Here are just a few excellent high-risk merchant account providers to help you start your search off right: Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. 4% for mid-risk transactions. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost. In 2016, global e-retail sales accounted for 1. The gaming business, also known as online gambling, has over the years become a crucial part of a well-organized and profitable gambling industry. What is a High-Risk Merchant Account? An online gaming business merchant account is a good example of a high-risk account. Locate the account application form/page. Get in Touch. S. In this day of high-speed communication and networking — credit card processing services have developed a high risk credit card processing program for just about every legal business. Basically, it's just like a regular merchant service, but for the gaming. All they want is to avoid the risk. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. 61 billion people worldwide purchased goods online in 2016. These industries include online gaming, adult entertainment, cryptocurrency. Online world due to the fact that they typically use recurring payment methods. 1. This means that they will usually decline to provide a merchant account to gaming businesses, and if they do, the rates they charge will be higher. Are you a business owner in a High- risk industry? If so, you may be wondering how you can secure payment processing services to keep your business running. Receive fast approval and start utilizing your high-risk merchant account today. Check out customers. All they want is to avoid the risk. 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off-track Betting, and Wagers). If you have too many chargebacks from customers, you’re going to need to clear all that up, along with anything else you left dangling. Our full suite of electronic payment processing solutions ensures we can help virtually any merchant accept credit cards and checks electronically. The first step is identifying your exact vertical. Unfortunately, this is a common scenario in online gaming, with the added risk of high volumes that are characterised by high tickets and the fact that many of these companies have virtual locations. Get started by applying for a Hungarian high risk merchant account today. The players feel insecure for many reasons, but with the presence of well-equipped high-risk merchant accounts, it is simpler now to provide better safety to the players. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. The gambling industry has seen a boom over the past few years. Be sure those online merchant servicers are actually true businesses. The industry is constantly. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Easy Pay Direct can help you get an adult merchant account and credit card processing services for your high risk business. Compared to other business types the gaming business presents a higher risk to the underwriter and that is why this merchant business is called high risk by banks and merchant account providers. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. Beyond that, EMB can also set up a fraud filter for your online payments. The Importance of High Risk Merchant Accounts. More and more high-risk businesses are getting. Sell online or in person. While some things about the business are common-sense, such as knowing the product, other are not. Instead, companies that are specialists in managing high-risk merchant accounts are the right choice. Bail bondsmen need a high risk specialist to open their bail bond merchant accounts. #1 PaymentCloud Strong Reputation For Fast Approvals. Radiant Pay is the leading high risk payment processing, merchant account services and payments gateway solution provider in London UK. The good news is that if your bank deems you “high risk,” they will not hide it from you. Pros. One problem the online gambling and casino industry faces is obtaining a merchant account, as acquirers are seldom willing to work with them, given the high-risk nature of their business. High-risk merchant accounts typically charge higher fees and. So, why is this the case? High-risk businesses are rarely served by ordinary merchant account providers. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. This blog gives an example of how we set up a gaming merchant account service and the steps we took. We are experienced at handling merchant accounts for online tobacco companies, and are very familiar with online tobacco sales. Or check it out in the app stores Home; PopularThe two highest-risk accounts are online gaming and adult material. This. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Low-risk merchants. All There Is to Know About Getting a Nutraceutical Merchant Account. Reach millions of shoppers. Extensive Banking Network. Therefore, it’s crucial to. 95%. 2. The prevalence of credit card processing providers evaluates it as a high-risk industry because of. Chargeback Alerts. An online gaming merchant account from a high-risk merchant account provider can give you a way to process online payments without a bank or an electronic. Luckily, PayMystic’s expanded network of banking relationships accepts the eGaming and eSports category and provides competitive rates, terms and conditions. International Access. Gaming merchants should deal with. The digital gaming businesses usually have a high volume of turnover. Gambling clubs and Online gaming…The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online. 20. For more information, please contact us at 800. Travel Merchant Accounts. 1-800-621-4893. Easy Pay Direct login gateway. The buyers of accounts are often people who are new to the game or not as advanced and are looking for an easy way to win. However, the number of High-Risk Merchants account providers for online gaming is limited and finding one that can deliver consistently can. Gaming players invest a massive amount of money; thus, gaming platforms are a promising option to steal a lot of money through credit cards. 805. 5 Star Processing Offers Online Gaming Merchant Accounts. So that you can get instant approval from the banks. Eliminate chargebacks, which means more money for you. The type of business applying for a merchant account may determine the level of risk associated with that merchant account. High-risk businesses should anticipate having to pay higher costs for rates and fees associated with payment services. Also to give the most successful transaction results. As a gaming merchant, you need to be aware of the needs of your gamers and also what your business needs. Well, traditional merchant accounts often shy away from working with high-risk industries like online gambling or game development due to their perceived risks. In the recent years, alternative payment processors like emerchantbroker. fees. , businesses regarded as “High-risk,” such as casinos, gambling, or gaming, travel and tourism, telemarketing. Getting a smoke shop merchant account requires careful consideration of several key factors. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. A high-risk merchant account is a payment processing account for businesses considered high-risk by banks. GENERAL INQUIRIES. Travel. Having an online gaming merchant account high-risk is absolutely necessary if you operate an online gaming company with a high rate of chargebacks. Stricter terms. Being turned. These are important to look out for before giving green light to online gaming merchant accounts. Find reliable solutions for your business needs. For starters, they provide a higher level of protection for businesses that require greater levels of payment security. These industries include the adult industry, online gaming, subscriptions, etc. Our high-risk merchant account service is exactly what. Despite its status as one the most stable economies in Latin American, global package delivery company, DHL, plans to shutter its e-commerce business in Chile. It can also take less time for your application to be processed, allowing you to start accepting payments. All Online gaming merchant account, in general, is considered a high-risk business activity, but online gaming adds even more risk into the mix. 1% for low-risk transactions. Using the best high-risk credit card processing goes far beyond just the setup. Though your online gaming site might not have any offshore locations, the industry is tabbed as high-risk. Additionally, you will receive a detailed fee schedule for all your transactions. Published on May 22, 2023. 6. If you do business in one of these industries, you need to prepare yourself for the “risks” that may come along. Sometimes people are happy with their small business. Pre-screening process before getting a High-Risk Merchant Account. High-risk businesses are no strangers to the unique challenges posed by the ever-evolving e-commerce landscape. A gaming merchant account is a bank account that lets you accept payments from customers using credit cards or debit cards. According to grandviewresearch, the online gambling market size was quoted at USD 57. Specializing in high risk merchant services, Instabill has been providing e-commerce businesses with a wide range of credit card processing solutions for more than a decade. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. I recently got approved by Authorize. Slot Machines. Nonetheless, we have a high endorsement rate for high risk merchants and offer. It has several beneficial features that run to complete operations faster. Most high-risk processing providers don’t disclose a standard rate for their clients, as they tend to tailor the price to the particular business. High-risk businesses are rarely served by ordinary merchant account providers. While today, online gambling is very well regulated and organized, some financial entities still believe that certain threats exist. 2. Digital gaming is categorised as high-risk by most acquiring banks for the following reasons: High volume turnover. 1. When the customers subscribe to the digital television. We provide the advanced merchant solution to high-risk businesses like online gaming. a tax id number. We understand the unique challenges of your business and can provide you with the right merchant account that will meet all your needs. Also to give the most successful transaction results. Gaming comes with the potential for. Below are tips for starting, and keeping, a successful tech support. Including individual transactions and batch totals with comprehensive reporting tools. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. Some common industries considered high risk include: Online gaming; Adult entertainment; Telemarketing; Travel; Timeshares; Nutraceuticals; High-ticket items; The Pros of a High-Risk Account. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. As you may know, Internet gaming businesses are deemed as high risk, thus making it challenging for an online gaming merchant account to get approved for payment processing easily. Other elements that could be taken into account when deciding if a company is high risk include its size, credit history, and the kinds of goods. Credit Card Processing Services. These industries are typically ones that have a higher-than-average rate of chargebacks, fraud, or other types of financial risk. A Forex merchant account is vital for a foreign business that accepts online payments. This account acts as a conduit, facilitating. But companies like PaymentCloud can help you find competitive processing rates. The online gaming industry typically has a high turnover rate. We deliver high risk merchant accounts and payment processing solutions that help business owners thrive. Online gambling/gaming merchant accounts are very similar to fantasy sports merchant accounts because risk and skill are involved in both. They typically offer online and in-person processing services. The gaming industry is considered high risk because it presents a higher risk to the underwriter. If the ratio of money-back incidents goes beyond the decided limit,. These accounts function as a secure and reliable platform for processing online payments. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. This industry is highly regulated to protect players from major financial distress. For an instant merchant account quote, call us toll-free at 1-800-318-2713. Travel Merchant Account. FYI – GBO is a premier payment solution provider for online casinos. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. Gaming Merchant Account. It happened to be that, this account has become viral since the online gaming merchant has asked for the solution for payment processing. Best high risk merchant. Call us at (727) 873-0963. Gaming Industry Merchant Services. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. You can even create follow-up campaigns and offer 2. The greatly high average credit card debt per household tells just how people love using these cards to carry out transactions. The tremendous popularity and easy accessibility of many gaming sites and apps increase the importance of merchant account for accepting international credit card payments. EMB offers merchants in Hong Kong end-to-end services for all businesses, including high-risk businesses that offer nutraceuticals, gaming, travel services, or telecom services. National Processing. This is where online gaming merchant accounts come in. About Us; High Risk Merchant Accounts; Solutions. Because of high risks involved, online tobacco stores face many obstacles. High Risk Solutions offers merchant accounts for social gaming. Payline Data provides merchant accounts with interchange-plus pricing. Whether you are a seller online or have a smoke shop somewhere across the country, your profits have gone through the roof. However, it is considered a high-risk business. The online casino industry is well-known as online gaming in the merchant service industry. Obtaining an online gaming merchant account isn’t easy. The players feel insecure for many reasons, but with the presence of well-equipped high-risk merchant accounts, it is simpler now to provide better safety to the players. 5 Star Processing is always ready to offer our services to merchants in need of payment processing, high-risk merchants in particular. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. Some financial organizations can reject your business type for merchant. It gives merchants a unique login with order tracking, sales management, inventory, and payments. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming. [email protected] You're Approved GET STARTED NOW ! About Us;. However, to gain more clients having a bookkeeping merchant account allows clients to pay with their credit cards rather than having to take the time to write a check. Several businesses may need a high-risk merchant account to process credit cards. com Thus, here are five instances that make an online gaming merchant account high risk: 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. To succeed, online merchants should choose the right credit card processor in the field. However, 2014 has not been so welcoming to Bitcoin, as its value has plummeted. High-risk merchant accounts are necessary for these industries. Online Gaming Digital Goods. EMB has consistently proven to be THE BEST at what it does. Or diversify accounts for backup and mitigation of processing risk. The high risk label of this type of businesses is partly associated with high chargeback rates. Card-not-present or CNP merchants know that chargebacks may cause frustration and cost them a lot. Penny auction merchant accounts are considered high risk in large part thanks to the high chargeback rates that happen so frequently to penny. 2985 E. Both the owners of painting businesses and independent painters may work with clients who would prefer paying them via credit cards. This is because they often use stolen credit cards to make their purchases and the cardholder may not be aware of the purchase until it has already been made. These constraints pose difficulties to the ownership of a gaming merchant account. Thus, here are five instances that make an online gaming merchant account high risk: The card and cardholder are not present. Get the help you need to obtain a high-risk merchant account. Contact our team for more information about our gaming merchant account application and get started accepting gaming credit cards. Whatever your payment needs, we offer the expertise and solutions to make you more money. They offer online businesses a secure payment gateway, thus minimizing the risks associated with high-risk businesses. com Home; About Us; Categories. Yes #offshore_merchant_accounts can offer significant benefits, But they also come with certain risks, We at PAYCLY Merchant Services have vast experience managing cross border #High_Risk_Payment. There is no cost to apply for a gambling merchant account, however, the minimum processing volume to apply for a gaming merchant account via Fast Offshore is 100. Suite 209 Thousand Oaks, CA 91362. An online gaming merchant account is a customized merchant service that helps in online money collection. Merchants can receive real-time alerts for all chargebacks lodged when. Cryptocurrency Payments; Partner; Industries. The right card processor will be available to help you solve issues 24/7 through various channels. As soon as you’re approved, EMB can set up chargeback management tools and a payment gateway. Grow your business online. The process is easy, so you can focus on more important things. What Makes an Online Gaming Account High Risk? So, why is online gaming viewed by banks and other financial institutions as high risk? The two most common reasons that a company is labeled “high-risk business” are a high chargeback rate and a high frequency of fraud. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. Again, adult entertainment account and payment processing rates fluctuate with season. The online gaming industry is considered high risk because of its high average chargeback ratios (friendly fraud is rampant), legal gray areas (when gaming meets. To locate the best possible provider for your business, you must perform sufficient research and locate the best possible service for your needs. Also included are some valuable tips to decrease the risk associated with the online payment process. Payline data plans cost $$20/month plus. Instabill’s high risk merchant accounts are established with offshore acquiring banks that are eager to work with dedicated, hard-working merchants. You’ll get approval for a casino and gaming merchant account in just 24 hours. Massively multiplayer online gaming (MMO), which includes games that can be played by hundreds and sometimes, thousands of players at a time, generated $19. Higher payment processing fees. Online Gaming is considered to be a high-risk business and needs a merchant account to fulfill your requirements. Negative bank account. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. An online poker merchant account is a business account that supports poker merchants by allowing them smooth and flexible payment transactions. But with us, you won’t need to be troubled. High chargeback ratios. Now! If you’re cleared about a high-risk payment gateway we shall move to the next part is an online gaming merchant account. S. Welcome to BKW Servicing +1-866-259-7475 1054 Saint Andrews Boulevard, Charleston, SC 29407 sales@bkwservicing. – Webcam and Live Video Streaming Sites. S. Services to high-risk business owners are comparatively expansive than low-risk businesses. It will involve continuous management of systems to ensure a secure and seamless checkout process. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . Our experts understand all the industries profoundly and make the process convenient for the merchants. You can begin the process by just applying online now. facebook. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. A competitive payment processing fee for a standard retail small-business account might be 2. Because different payment processors refuse to participate in high-risk business merchants. Online gambling has become an uncontrollably profitable segment of the betting business. For e-gaming companies offering online casinos, poker, draws, bingo, lottery, skill games, crypto casinos and all other online gambling operations on the internet with a gaming license, there are two basic “must-have” financial services: A bank account. To avoiding put merchant accounts in jeopardy, businesses must work to. One essential service that top merchant services offer is credit card processing. However, this code is reserved for extremely high-risk merchant accounts associated with online casino operators, lottery outfits, and sportsbook wager companies. High risk solutions. To complete the application process, you’ll need to provide various identification and paperwork. Stax: Best for avoiding transaction fees. Quickly send money to winners. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online. These online merchants can have an extremely tough time finding a high-risk merchant account. Dharma’s monthly fee is $20 per month. 06 trillion US dollars by 2020. It is an option for high-risk merchants, like fantasy sports, tobacco, or online gaming niches. com we can help make setting up your online tobacco store easy with our credit card payment processing. Below is a list of the top 10 biggest high risk merchant account industries. It happened to be that, this account has become viral since the online gaming merchantInstabill provides adult credit card processing solutions to both startups and existing businesses. Travel Merchant Accounts. That means that player payments get processed faster. It often means tougher-than-usual terms and higher fees than low-risk accounts.