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This merchant accounts are called gaming merchant accounts and they are classified as high risk merchant accounts, due to the various risks involved in this business.<br>
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With each passing day, a new online gaming platform is coming up. The net worth of this online gaming businesses crosses over 10 billion euros all over the world. A merchant account is very necessary for such businesses to accept online payment via credit or debit card from across the globe. This merchant accounts are called gaming merchant accounts and they are classified as high risk merchant accounts, due to the various risks involved in this business.
The online gambling business is defined as gaming in the field of merchant services and the risks like, high net turnover, offshore businesses, lack of transactions for new businesses, make this high risk business.
Obtaining such high risk gaming merchant account is difficult for some of the service providers, but we at International Bank Services(IBS) have been highly successful with an approval rate of almost 95% on such high risk merchant accounts. IBS provide merchant services for online gaming and gambling businesses like Casinos, Horse Race betting, Online Bingo, Lotteries, Online Poker, etc.
How to obtain Gaming Merchant Account? Factors like background, potential legal issues due to vague laws, high chargeback ratio of online casino and gaming businesses, traditional financial institutions refuse to take a gamble on them even though they have proved to be lucrative businesses. For effective and efficient credit card payment processes, businesses can now turn to International Bank Services (IBS) and obtain a gaming merchant account in UK, London. We provide customized payment processing solutions for all business types and sizes. Stop the hassle with traditional banks and merchant providers and take a step further and create a merchant account with International Bank Services (IBS) in UK, London & Europe. Here, we set you up a high volume gaming merchants services for your company.