3 High-Risk Merchant Account Providers for Online Gambling Businesses

Online gambling businesses are sprouting like mushrooms today. With the popularity of the online gambling industry, it’s no surprise that more entrepreneurs are willing to invest their resources into building businesses that cater to this market.

But having an online gambling business also means that you have to deal with the disadvantages of being tagged as a high-risk merchant. But you don’t need to look far and wide because you can always build partnerships with these top three high-risk merchant account providers for online gambling businesses:

• First Card Payments. With more than 20 years of experience in the industry and strong partnerships with over 30 banks and ISOs, First Card Payments is considered one of the best payment processing gateways in the country today.

The company specializes in high-risk merchants such as those in online gambling and it offers very competitive rates that are combined with excellent customer service.

First Card Payments is also known for offering some of the lowest rates that you can find in the market, making it an excellent option if you’re trying to secure a payment processing gateway as an online gambling business.

• PAYARC. At just $99 a month including everything that you’ll ever need to process credit card payments, PAYARC is definitely one of the most reliable and cost-effective payment processing solutions for online gambling businesses today.

The company boasts of features such as its PCI-compliant web-based payment gateway, credit card and mobile payment processing capabilities, ISO referrals and API and SDK systems that can be fully integrated into your existing online systems.

PAYARC is also known for its wide variety of hardware and software systems to make payment processing a lot easier. This includes the TSYS Vital Plus terminal, TSYS Vital Mobile point-of-sale system and the TSYS Vital Select POS solution.

• Strategic Merchant Solutions. With more than 30 years of experience in the credit card processing industry, Strategic Merchant Solutions has established itself as one of the trusted payment processing partners in the country with a long list of loyal clients.

What separates this company apart from the competition is its ability to offer excellent customer service every time, especially with a dedicated account manager for your business to really get the assistance that you need when processing payments for customers.

Strategic Merchant Solutions also offers some of the lowest rates on the market and combines this with state of the art technology to ensure efficiency every time.

Choosing the right merchant account provider is definitely not the easiest thing to do, especially if you’re tagged as a high-risk merchant because of the nature of your business.

But these three payment gateway providers have proven that you don’t need to worry about reliability because they can deliver the best service and solutions that you need when you need them.

Take the time to read internet reviews to successfully avoid predatory processing services. Seek out a provider of high-risk merchant accounts with a user-friendly, professional website. Either pricing information or a link to get a quote should be available on the company's website. If the website is of poor quality, it could signal that the payment processing provider has a limited budget, which could lead to poor usability and excessive prices if the company is trying to recoup losses.

You should also study the merchant's terms and conditions very carefully and ask inquiries if you have any concerns. You'll avoid unpleasant surprises in the future this way.

Make sure to determine your specific needs firs to make it easier to decide which of these payment processing providers will best suit your business model.