Online gambling and gaming sites are a popular form of recreation. Many people find it both fun and convenient to play games with a network of people while relaxing in their own house. Whether you offer traditional gambling such as Poker and Blackjack, or creative game show replicas like Wheel of Fortune, players can socialize, have a little fun, and possibly win some money.
Online gambling is not a hard business to get started. There is a lot of demand for this type of social entertainment. The difficulty can begin when it is time to set up your site for an online gambling merchant account.
Challenges of Opening a Gambling Merchant Account
Gambling and risk are two terms that often go hand in hand. The fact that your gaming site is an online business increases the chance of chargebacks and refunds. Because of this, it is very hard to get a traditional bank to approve a merchant account for online gambling.
It is difficult to get account approval, but not impossible. If you use the right company, one with experience and knowledge of your industry, you can begin credit card processing for you online gambling site. CDKPay can help you find the right solution.
Online Gambling Credit Card Processing with CDKPay
Choosing the right bank is one of the most important steps in this process. If you start with the right financial institution, you won’t experience the hassle of going from bank to bank to find approval.
CDKPay is experienced with online gambling merchant accounts, and we work with a wide network of banks.Our expertise will eliminate trial and error, as we will match your company with a bank that understands your business model.
Low Rates that Help You Stay Profitable
Getting approved for an gambling merchant account will not help if you have to pay ridiculously high rates. CDKPay has established relationships with the right banks to bring you affordable rates. Most of our clients are able to attain low rates for credit card processing, some even as low as 2.95%.
Establish Long-Term Credibility
There is more to being a successful gambling merchant than getting approved with good rates on the front end. Chargebacks and instances of fraud can damage your credibility and cause a rate increase. Persistent problems can even cause you to lose your account. At CDKPay, we help you prevent chargebacks by monitoring and preventing fraud from happening, helping you to successfully process payments through your online gambling merchant account.
Gambling Merchant Account Application Process
- We will contact you to discuss your needs in detail and make sure that we understand your unique gambling business model.
- The experience and expertise of CDKPay is used to find the right merchant account provider, and we help you begin the application process.
- Once the application is approved and an agreement is signed, you are ready to take your gambling merchant account live to begin payment processing!
- CDKPay is available to you for ongoing support. We offer responsive customer service so that you can run your business with ease.
CDKPay can help you with payment processing solutions that are reliable and affordable for your business.