This feature combined with the real-time processing means results in merchant services that can’t be. Fill out the CBD merchant account application form. a driver’s license. Durango Merchant Services: Best for highest-risk businesses. Malta Gaming License costs and fees. Negative bank account. The realm of online gaming is one example. Your merchant account receives funds and credits your bank accounts A high risk merchant account is a type of account uniquely designed to address a business’s payment processing needs when engaged in a high risk industry. Despite the fact that gun dealerships are viewed as high risk, the identification process and paperwork. a. A high risk payment processor is also an important partner to get an online gaming merchant account, which is essential for correctly identifying your business and avoiding being deplatformed. The online gaming market is growing faster. 6 factors to consider before starting an online gaming website. A merchant account is a type of business bank account that allows you to safely process electronic payments like debit and credit cards both in. Title: GAMING MERCHANT ACCOUNT (1) 1 Online gaming merchant account and payment gateway from iPayTotal iPayTotal Ltd 2 Online gaming merchant account and payment gateway from iPayTotal. Share. The Gaming business runs as per the types of gaming mentioned earlier. An international merchant account is a type of bank account that allows businesses to accept payments from customers around the world in multiple currencies. A certified copy of your ID. Get Started. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. Chargebacks occur when a customer disputes a transaction and requests a refund from their credit card issuer. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. Or maybe they do consider extra costs for. When you click on. With an international merchant account, businesses can expand their customer base and tap into new markets without the limitations of accepting payments only in their local. In this case, Online. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them. 2. Online gambling and gaming businesses merchant accounts. – Sex Toys. The right gaming merchant account will offer multiple cashless payment options, including check, credit, online and mobile options. Meaghan Brophy. Online gaming chargebacks are a common concern for businesses in the industry. 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QuadraPay Online Gaming Merchant Accounts. 3. 7 billion gamers worldwide. in-person; 2. The benefits of foreign merchant account for online gaming merchant accounts involve tax benefits, improved security and privacy, multi-currency trading allowing international exchange, settling currencies of one’s own choice, no restrictions on the quantity and size of trades completed, short set time (usually 1 week) and also. Your merchant account communicates with the customer’s card issuer. If you have all the documents and meet all the requirements, the next step is to file your application. Here’s an overview of how to prepare your business, find the right merchant account for your needs, and open your merchant account: 1. Summary of steps to open an online casino: Incorporate your gaming company. Opening a PayPal merchant account can be a great way for businesses to accept online payments. They can regard the straightforwardness wherein they could endeavor showed up particularly in association with a long time earlier. Regardless if the business is located in the EU, USA or elsewhere offshore, merchants will need to pass the know-your-client (KYC) procedure. This account serves as a secure intermediary that holds funds from card transactions before. The qualifying merchants can access almost all major card schemes. Requirements. If you are planning to operate an online gambling platform, you are going to require a gambling merchant account. Regulatory compliance: To provide payment processing to gaming businesses, gateway providers usually need to comply with a host of financial, legal, and security requirements. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or. Obtaining an online gambling or betting license is a necessary step when starting any gambling business. The use of payment gateways. Hillcrest Drive Suite 209 Thousand Oaks, CA 91362. WhatsApp us: +972504938469. Financial institutions often impose strict requirements on e-gaming companies before allowing them to open accounts. With a reliable gaming merchant account, online companies can make the most of their business. A high risk merchant account is a type of account uniquely designed to address a business’s payment processing needs when engaged in a high risk industry. When a business has a merchant account, it essentially acts as a temporary holder for settled credit or debit card transacted funds. First, you need to register your business with your state or government authority. Online Gaming businesses such as Lottery, Online casino, egaming etc. we have helped hundreds of online game publishers with varying degrees of payment processing & payout service requirements. Again, adult entertainment account and payment processing rates fluctuate with season. Each merchant account provider may have its own set of requirements. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway. The package cost is highly competitive compared to other online gambling licensing jurisdictions, and the Malta annual renewal fees are significantly lower than in other jurisdictions. ltd Merchant Services For E-Commerce Businesses Payment Processing and Merchant Account Solutions. 2. Heads the world over have consented to see merchant accounts to interface with them to bring more customers into their client base. The community may refer to these accounts as: Casino, Gambling or Betting Merchant Accounts – but in reality these are essentially the same thing. A gaming merchant account is a specific type of bank account that allows merchants to accept payments. It’s not a standard business bank account. With a high-risk merchant account from a gaming merchant, you may process online payments without the need for a bank or an electronic wallet. Credit Card Processing For Small Business. There are specific payment gateways for different types of online businesses. Provide basic business, ownership, and contact information. Fantasy sports are played across several different platforms. But can also be acquired for various payment processing requirements. US HQ. FREE Cost Comparison. Our experts understand all the industries profoundly and make the process convenient for the merchants. A lot of standard merchant accounts have no contract. In the above way, you. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Online gaming is on top of the competition these days, as just one online stream can earn you millions in. However, Bitcoin transactions are irreversible unless a merchant decides to reverse the. Merchant Accounts: Specifically tailored for businesses that deal with a high volume of transactions, like online gaming platforms, these accounts help in processing payments from customers seamlessly. American online gaming businesses generally use it for financing US gamersu2019 accounts. Licenses are also accepted from territories including Malta and Curacao, if the merchant has decent turnover and good processing. Yet only card processing enough for. Overdue payments and bills. Setting up a merchant account is also pretty straightforward. The merchant account passes the data through to the acquirer and debits the account of the consumer at the issuing bank. It immediately stops the transaction, if the fraudster gets caught. Why merchant account is important for online gaming? Merchant accounts are provided specifically to control the functioning of your e-commerce websites or websites that accept online payments, one of which is online gaming. Our process is simple so you can focus on your business. Top Quality Gambling Credit Transfer Solutions for winning amount transfer. Step 2: You will be asked to fill out the application. Online gambling/gaming merchant accounts are very similar to fantasy sports merchant accounts because risk and skill are involved in both. Online Gaming is considered to be a high-risk business and needs a merchant account to fulfill your requirements. Online gaming merchant account demand has been on the rise over the recent few years. Your merchant account communicates with the customer’s card issuer. After signing up, you will need to fill out the application form and upload the required documents. In order for your business to process credit card and debit card payments, you will need an adult merchant account. Details of your employees including criminal records and personal details. But to provide a full game cycle you, as a skill gaming platform owner, need to open a merchant account first. B2B license in Curacao is for service providers to legally offer their services to other gaming operators, promoting industry expansion. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. PayKings is leading the industry of payment processing, especially for high risk merchants. 7. A merchant account holds on to funds before they’re transferred to the merchant’s primary business bank account. Card payments are the greatest source of your cash flow. Fill out EMB’s online application today and get approved for a merchant account within 24 and 48 hours. Our tailored merchant account services feature advanced fraud prevention measures and easy-to-use payment processing tools. To use the Google Pay for Business sign up tool, you must have a phone or computer and a Gmail Account. Data shows that global online gaming traffic alone is expected to climb from 20 percept annual growth to 30-40 % annual growth. Finding the right merchant account can be a challenge for online gambling companies. You can edit almost every page by Creating an account. To open a merchant account, there are several requirements that you need to meet. Moreover, without any fear of blocking the accounts and funds. 38 billion between 2021 and 20226. Square Merchant Services: Best for Startups. The online gaming merchant account with PayKun is ideal for your gaming mobile application or website. Level 1 PCI. com and click Create account. We have solutions for all sorts of gaming businesses, whether gambling, casino, social gaming, etc. Full disclosure of your online gambling company’s financial records and business structure – owners, partners, shareholders etc. They are connected to your website’s shopping cart via a secure, online payment gateway. An online gaming merchant account is a business account used to process payments of the customers/players. New types of gaming licenses will be introduced in Curacao in the summer of 2023: C2B Curacao gaming license is new, adaptable, cost-effective, and supportive of gaming professionals’ needs. To acquire an online gaming merchant account. What Are The Requirements For Gaming Merchant Account? Our primary acquiring banks in western Europe requires the contracting merchant to be EU-based and have an EU-issued gaming/ gambling license . Research shows that more than 25 percent of online gamblers have abandoned registering a new account with a gambling website due to its complicated sign-up processes. GBO provides the full service for each of these requirements and can guide you through the steps of launching your online. An online gambling and casino merchant account ensures that funds are securely processed, settled, and transferred to your business bank account. 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. FREE Account Set-Up. Regardless if the business is located in the EU, USA or elsewhere offshore, merchants will need to pass the know-your-client (KYC) procedure. The gaming industry is larger than the global box office industry. Obtain a business license. Social gaming. The license approval process varies from jurisdiction to jurisdiction. But running such a business may come at a high cost. Caters for: gambling, gaming (both online gaming merchant accounts and online gaming payment gateways); cryptocurrency (enables cryptocurrency exchanges to accept payments on their websites through credit and debit cards. Smartphone penetration rates are also growing, and there has been. Enhance the gaming experience with smooth payments, in-build fraud prevention measures and dispute resolution services. – Online Dating. Jane is served a coffee. – Webcam and Live Video Streaming Sites. Having an offshore gambling licence, a legally owned domain address, an operational gambling company and gaming bank accounts, gambling merchant accounts, certified software, and game providers are essential. The exact process varies from one merchant processor to the next. k. In the online gaming world, chargebacks can arise due to various reasons, such as fraudulent activity, customer dissatisfaction, or unauthorized card usage. This merchant account helps merchants to collect online payments from players. To open a merchant account, the business has to be legitimate. There are clear focal obsessions offered by giving affected structures for online gambling merchant to. google. After that, you can begin accepting sales: the merchant onboarding process is complete, and you can. Ultimately, the list of documents and other requirements will vary depending on the jurisdiction in which you open the merchant account; some will be easier than others. 11. On top of this, merchants can also be subjected to a $5 or $25 penalty fee. It's free to sign up and bid on jobs. Without this, it will become riskier. Sales via Visa and Mastercard still lead the way for online gambling purchases, particularly in Europe. However, the general steps are similar; Identify the right payment processor. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. Domestic High-Risk Merchant Account Requirements: UK or US based company entity. your company must be fully compliant with all requirements. Whether it’s depositing funds, placing wagers or withdrawing winnings, online gamblers expect to. Its job is to enable payouts and player rewards, as well as to take deposits and payments. Under "Payments profile," click the down arrow and select Create payments profile. If you intend to run an online gaming platform, you will require a gaming merchant account. Browse short-form content that's perfect for a quick read. Merchant Accounts: Specifically tailored for businesses that deal with a high volume of transactions, like online gaming platforms, these accounts help in processing payments from customers seamlessly. 01 Online Gaming Processing As online gaming businesses evolve with the integration of app games and smartphones, accepting debit and credit cards becomes a natural and. The bank then sends the information to the card issuer. To set up the Google & YouTube channel, you need to have a Google account and a Google Merchant Center account. Go to Merchant Center. [email protected] provide the best Online Gambling Payment Gateway for Europe. WRITTEN BY: Anna Lynn Dizon. Amald has online gaming merchant account solutions that meet global gaming customers' requirements. An online payment gateway has a quite important function in the whole payment process, as it virtually connects the wallets of customers with gaming merchant accounts to create a transaction space. Caters for: gambling, gaming (both online gaming merchant accounts and online gaming payment gateways); cryptocurrency. To do so, your business will need a merchant account. Overdue payments and bills. Unlike traditional merchant accounts, high risk merchant accounts are specifically tailored to meet the needs of businesses facing increased risk levels as a result of their high risk. 👉 Online gambling merchant account Online gambling merchant account The trusted setup can be eliminated by instead choosing a sufficiently large random number N so that N has two large prime factors with high probability. With a reliable gaming merchant account, online companies can make the most of their business. There are a few things you need to do in order to get a stripe merchant account. Scan this QR code to download the app now. Mainly on mobile phones and laptops. The online gaming industry requires high risk merchant account. Your merchant account receives funds and credits your bank accounts A Forex merchant account is vital for a foreign business that accepts online payments. A merchant account can also assist to. Licenses are also accepted from territories including Malta and Curacao, if the merchant has decent turnover and good processing history. A merchant account is a crucial part of being able to accept online payments; however, the process can feel overwhelming. 196E Campden Hill Road London, W8 7THWe offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. It can be a beneficial and essential step to take by gaming. Open a merchant bank account for your gaming company. Debit and credit cards are the natural development for online video gaming. More sales opportunities ; Accepting credit cards gives your customers moreHere we provide a solution for the merchant account with a complementary solution of payment gateway. Account Set-up: Merchant maintains two nodal or escrow accounts; one for deposits and one for withdrawals. Payment processing for gambling is critical to your operations; without it, you cannot accept deposits. The requirements will. Accept all major credit cards and APMs with a multi-currency gateway. So, one must provide. Unlike traditional merchant accounts, high risk merchant accounts are specifically tailored to meet the needs of businesses facing increased risk levels as a result of their high risk status. List or sell your products for free to reach shoppers across Google. When you click on. eMerchant Authority is the leader in payment processing for high-risk merchants. Not simply you will be able to benefit by this kind of trade yet what’s more will your customers. All businesses need to provide their merchant account providers with proof that they run state-recognized legal entities. Voided Check. This includes your business name, address, and contact information. Apply for a merchant account: You must provide the payment processor with information about your. By entering your email, you agree to receive marketing emails from Shopify. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. Create A Business Bank Account. Once approved, the merchant account deducts the transaction amount from the customer’s credit card. 2023: New License procedure: New Curacao gaming license applications, application submission, Document collection, document preparation. Supporting gaming corporate services. The new Curacao gaming License – We will assist with obtaining licenses under the new. Summary. That’s right. Also to give the most successful transaction results. Once approved, the merchant account deducts the transaction amount from the customer’s credit card. An online gaming merchant account is a customized merchant service that helps in online money collection. These accounts are mandatory for businesses operating in industries such as adult entertainment, travel, gaming, telemarketing, and e-commerce, to name a few. We offer the best price & service. Once you have these documents, the next step is to get an employer identification number (EIN). 1. The digital gaming business is thriving as the global demand for online gaming increases. On this page. Employer Identification Number (EIN) Business Bank Account. Compared to other industries, it is expanding at an exponential rate. Merchant accounts are used in conjunction with a payment processor, which facilitates the transaction. A Merchant Category Code (MCC) is a four-figure number used to categorize business entities according to the type of products or services the company offers. The acquiring bank routes this information to the relevant card. With the acquisition of a merchant account, a firearms dealer would find their business competing favorably with others. Businesses that plan to operate in the US need to register with the relevant government authorities before opening a merchant account. The requirements for these fantasy sports vary. 3. The growing number of players of Massively Multiplayer Online Role-Playing Games (MMORPGs) has driven an. It has several beneficial features that run to complete operations faster. No extra hands in your processing, no long holds on. Merchant Account Requirements. One of the most important goals of online gaming merchants is turning players into payers. online) merchant account, your provider will supply you with login information including a secure URL from which you can access your account and set up your username and password. Some of the cases include: Products on a website that don’t match the description or cost. Having an offshore gambling licence, a legally owned domain address, an operational gambling company and gaming bank accounts, gambling merchant accounts, certified software, and game providers are essential. Revenue sharing (rev-share) which is calculated on the profit that the gaming site earns from the wagers placed by the customer, and lasts for as long as the customer remains on the gaming sites books. After that, pick your specific field and locate the correct licenses you may need above and. Gaming Merchant Account Requirements Merchants that are applying for gaming merchant services are going to need to provide a number of different documents for underwriting. Direct Online Gaming Merchant Accounts for acceptance of both Visa & MasterCard at the absolute best rates, as well as additional. Moreover, countries are developing bills to legalize the online gaming business. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor: Look for a payment processor that specializes in online gaming and has. Get an EIN. As soon as you’re approved, SecureGlobalPay can set up chargeback management tools and a payment gateway. Payment Depot: Best for High Transaction Volume. However, the large size of N provides the adversary with more opportunity for. The online gaming sector has developed dramatically over the past decade, and this trend will likely continue as more individuals become interested in this activity. This merchant account is customized according to the need of the online gaming business. You’ll get approval for a casino and gaming merchant account in just 24 hours. To acquire an online gaming merchant account. Businesses that plan to operate in the US need to register with the relevant government authorities before opening a merchant account. The ability to accept credit card payments. Establish a single online gaming merchant account. Make your company successful with a multinational merchant account for efficient business dealings. Payment processing is critical to your gaming operations; without it, you will be unable to accept. The online eGaming and eSports industry is classified as higher-risk, making some businesses ineligible for merchant accounts at some sponsoring banks. Stax: Best for avoiding transaction fees. Online Gaming Merchant Account is a high-risk account. Gaming Industry Merchant Services. A merchant account is a secure place for the money to sit temporarily while the bank checks to ensure the customer has enough funds to pay for the merchandise. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. All kinds of online gaming merchants privilege accounts consisting of mobile gaming, social gaming, multiplayer video games, fantasy games, online poker, racetracks, and online casinos. UK or US based company representative. The exact process varies from one merchant processor to the next. Quickly send money to winners. Or check it out in the app stores Home; PopularSearch for jobs related to Online gaming merchant account or hire on the world's largest freelancing marketplace with 22m+ jobs. ² Typically, businesses open a merchant account to receive credit and debit card payments. When you’re ready, go to Merchant Center and sign in with your Google Account to get started. So, drive it into an incredibly profitable business by acquiring an online gaming merchant accountin Europe (Albania, Malta, Cyprus, Netherlands, Italy, etc. The merchant account fees for gambling companies are usually offered as a package including: Egaming merchant account fees average at about 2%-12% depending on multiple factors including the risk factor; the complexity of the company’s legal structure; location of the target audience (players) and the overall score. Make sure to have your business info available to set up your payments profile. The gaming market was estimated to be worth $21. However, the general steps are similar; Identify the right payment processor. Applying for “No-Credit-Check” Merchant Account: Step-by-Step Guide. See full list on paynetsecure. com, so many more platforms have sprung up to appease just about every. Merchants trading in online gaming requires an online gaming merchant account. A merchant account is required to transfer funds from your customers’ credit and debit card purchases to your. To access a cloud-based (i. You can attract players from all over the world, and accept payments in US dollars, British pounds, euros, and more. Social gaming. We became one of the leading companies globally that offered complete turnkey solutions for setting up the company structure, including company formation, license, active bank accounts, merchant accounts, assistance with white label solutions, corporate advice, and more. Make sure your website is up-to-date and functional. Easy Pay Direct offers secure and reliable credit card processing solutions for small businesses. Security of personal data. In order to limit risk, certain. ). A merchant account is essential for any online business. Requirements to get a Curacao Gaming License. GOALS: Your business plan should start with your goals, what you want to achieve, and how. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. Merchants need merchant accounts that can handle high volumes of transactions quickly without compromising security or. Here’s a rundown of. 2. Require a high-risk merchant account for online gambling? Poker is one of the most prominent games in the entire world. Beyond that, EMB can also set up a fraud filter for your online payments. Certificate of Incumbency (or similar document). At that time, we were developing online gaming LaaS (licensing as a service). A gambling merchant account is a credit card processing account created exclusively for online gambling firms. Payment processing for online gaming merchants. Online gambling is popularly known as gaming in the. A business bank account is where your merchant account provider will send the money from your sales and withdraw any fees. An online gaming merchant account becomes a primary requirement because the online gaming industry has increased in popularity in recent years. Corporate structure: Curacao Company. We've mixed the best PSPs below. Payment processing fees impact your profit margins. Sign in to Play Console. A gaming or online casino merchant account can build up your plans everything considered. Fill out the CBD merchant account application form. . You can begin the process by just applying online now. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. UK or US bank account; Business operations can be based globally, including in India; Offshore High-Risk Merchant Account Requirements: Minimum $15,000 USD per month in sales; Online or MOTO transactions only (no card. GBO can assist you with your new Curacao structure. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. At Axcess, we provide tailored merchant services which meet the exacting requirements of online gambling companies. With a reliable gaming merchant account, online companies can make the most of their business. Adequate payment processing is vital for increasing profits, enhancing customer experience, and enriching the overall value of customers to your. So, it may be hard to find a good gaming merchant supplier, but it doesn. Name and address: Enter the legal name of your business as you. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. A gaming or online casino merchant account can build up your plans everything considered. 1. An offshore merchant account is a type of bank account specifically designed for businesses outside their home country. Gaming merchants are businesses that handle transactions for both online and offline gambling companies. Visit the merchant account processor’s website. Financial institutions often impose strict requirements on e-gaming companies before allowing them to open high-risk merchant accounts in Europe. The online casino industry is well-known as online gaming in the merchant service industry. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Helcim : Best All-in-One Platform. This is because most of them do not wish to take up the overall risk. A company's revenues from online gaming, on the other hand, can be maximized with the help of a trustworthy online gaming merchant account. Choose a reliable iGaming software provider. 5% from 2020 to 2027. It works a lot like a Social Security number for your business and helps identify your business to the IRS. There are a huge number of players around the globe who battle, purchase, specialty. With our personalized solution, we help your legal. Depending on. A company's revenues from online gaming, on the other hand, can be maximized with the help of a trustworthy online gaming merchant account. However, gaming merchant account and bank account is not the same thing. Online gaming pays. A merchant account is a facility to process payments from customers. High-risk businesses can expect processing rates of 3. Not simply you will be able to benefit by this kind of trade yet what’s more will your customers. The best bank account for gambling businesses must be able to receive money from the business’s merchant account; accept multiple currencies; allow online banking; provide a debit card and multiple signature rights to the account. The new Curacao gaming License – We will assist with obtaining licenses under the new regime. Your merchant account receives funds and credits your. They can regard the straightforwardness wherein they could endeavor showed up particularly in association with a long time earlier. Understanding Online Gaming Merchant Account Fees and Requirements. Use an official language. Turn expectations into a reality. The requirements for a gambling license vary in different jurisdictions but there are a few basic requirements. Step 1: Jane orders a coffee. Visit the processor’s website. Contact us in WhatsApp below We specialize in merchant services for online gambling businesses, helping you open and manage your online gaming. 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. eCommerce card processing, international wire transfers and debit cards. Recent Presentations Content Topics Updated Contents Featured Contents. The world of online gaming is continuously growing, and it does not look to get slow shortly. 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. Create an online gaming merchant account with us. Provide processing statements for the last three months. High-risk Merchant Account Services. Locate the account application form/page. And when the players win the reward, the gaming. What Are The Requirements For Gaming Merchant Account? Our primary acquiring banks in western Europe requires the contracting merchant to be EU-based and have an EU-issued gaming/ gambling license .