High risk gaming merchant account. This is where high-risk gaming merchant accounts come in – they’re provided by organizations that specialize in serving businesses like these. High risk gaming merchant account

 
This is where high-risk gaming merchant accounts come in – they’re provided by organizations that specialize in serving businesses like theseHigh risk gaming merchant account  Why Is Age Verification For Online Gaming Important? Some games may involve the risk of overspending,

Thanks to high-risk merchant account providers, customers can conveniently buy products safely and instantaneously using their credit cards. Each type has its benefits and limitations and can be an important part of a chargeback management system. And it is a primary truth of the payment industry. Open your high-risk merchant account with the right partner. The digital gaming businesses usually have a high volume of turnover. A great adult payment solution has expertise in onboarding and maintaining accounts for your specific business model. ”. However, this code is reserved for extremely high-risk merchant accounts associated with online casino operators, lottery outfits, and sportsbook wager companies. When you are ready to apply for a merchant account, turn to eMerchantBroker. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate. com understands the many challenges tobacco businesses face. National Processing: Best For Clover Processing Hardware. Eliminate chargebacks, which means more money for you. 99% uptime, providing our clients the reliability required to operate their business merchant accounts without concern. Approval. A High-Risk Merchant Account needs a payment processing solution for the generation of revenue. A high-risk merchant account with instant approval can be the lifeline your business needs. Nonprofits. 5 percent. Majority of card processing providers consider it as high risk industry due to certain reasons. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback. In the realm of commerce, certain businesses earn the label “high-risk” due to their susceptibility to chargebacks, fraud, and other challenges. Why online gaming merchant account is considered high-risk. An online gaming merchant account is a business account used to process payments of the customers/players. A typical issue in a gaming merchant. 3) Industry is considered low-risk, such as retail. iPad. Authorize. About; Agents; APPLY NOW; Sign Up with High Risk Solutions mediashrinx 2019-12-23T17:03:19+00:00. Unlike traditional processors, they are more willing to work with high-risk businesses. Follow these five simple strategies to get you in the best shape to get the supplement company merchant services you need. A high-risk merchant account can have a rolling reserve feature to protect against chargebacks or fraud. Best high-risk Merchant Accounts for online businesses . A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. This is due to a higher than average volume of chargebacks, history of fraud, financial insecurity, and a bad credit rating, just to name a few. Digital gaming is categorised as high-risk by most acquiring banks for the following reasons: High volume turnover. The reputation of the business, if the business is anytime previously known for dissatisfaction of costumers, transaction frauds, etc. A high-risk merchant account is specifically designed to cater to businesses that are considered high risk by #payment_processors and banks. 2. But companies like PaymentCloud can help you find competitive processing rates. One of the primary advantages of highriskpay. High Risk Merchant Account. Automatic contract renewals and early termination fees. A high-risk merchant account is a special type of payment processor created for businesses with a higher risk of chargebacks and fraud. A merchant account allows businesses to accept credit and debit cards. There are tons of high-risk merchant services providers out there, so it’s. So, with a true high risk payment expert like EMB, you can enjoy unmatched merchant processing services, including a merchant account for drop shipping. Based in Lindon, Utah, National Processing is a high risk merchant account provider that is capable of serving international gambling merchants. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options, eMerchantBroker. High-risk merchant accounts: Charge higher processing fees. Nonetheless, we have a high endorsement rate for high risk merchants and offer. The reason for this is that the risk of fraud and chargebacks has grown, and as a result, the rates per transaction have risen slightly. More than 74% of consumers in this category were rejected for loans and credit. Here are a few of the biggest benefits of a high volume merchant account: Sustainable growth – A high-volume merchant account gives merchants the ability to meet the demand of rapid expansion. A Forex merchant account is vital for a foreign business that accepts online payments. 3) Travel Merchants. In addition, as a carrier of an A+ rating with the BBB and an A rating with Card Payment Options,. com, a reputable payment processor that specializes in the high risk sector? EMB is voted the nation’s #1 provider of high risk merchant services. | January 20, 2022 Having an online gaming merchant account high-risk is absolutely necessary if you operate an online gaming company with a high rate of chargebacks. The customer contacts their bank or credit card company and requests that the transaction be reversed, which leads to the merchant’s account being charged back for the amount of the disputed transaction. Doubtful bank statement. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. Gaming is an industry that banks have learned has high fraud and chargeback rates. Is Online Gaming Merchant Consider High-risk? Online gaming merchant is considered high-risk by most of the acquiring bank. Published Jan 18, 2023. Merchant Stronghold specializes in high. Step 1: A customer buys a product or service either online or in-store. Gamers keep themselves informed of any new releases that gaming platforms and service providers may make. There are many reasons why a business may be considered high risk. Stripe: Best for owners of multiple businesses and brands. 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. A high-risk merchant account is a type of bank account specifically designed to cater to businesses with higher levels of risk associated with their operations. It gives merchants a unique login with order tracking, sales management, inventory, and payments. Affiliate Payment and Trading Services. National Processing. i. Avoiding fraud. gaming merchant account. The bank then sends the information to the card issuer. A classic example of a high-risk online business is e-Gaming. These are themselves financially risky activities for the customers, and a portion of such risk is always carried by the business that provides said. Stripe: Best for owners of multiple businesses and brands. Offshore high risk merchant account providers can be crucial for businesses that operate in industries with higher-than-average levels of risk, such as e-commerce, adult entertainment, and online gaming. 2) Chargeback ratio is low to nothing. Gaming Industry Merchant Services. All businesses are examined equally, but high-risk merchant accounts are given closer examination. Offshore high risk merchant account providers can be crucial for businesses that operate in industries with higher-than-average levels of risk, such as e-commerce, adult entertainment, and online gaming. Online gambling is popularly known as gaming in the merchant service industry. Start Your Casino or Gaming Merchant Your account is set up in just a matter of 48 hours. net, give you access to information regarding your new account. Step 1: A customer buys a product or service either online or in-store. 2. Mobile-based payment gateways have particularly been on the rise and are poised to lead the global payment markets in the coming years, further fueling the growth of e-commerce. These accounts are ideal for businesses that offer online gaming services, such as casinos, sports betting, fantasy sports, and more. Online Gaming Merchant Account - HighRisk Gateways : u/highriskgateways What is this? An online gaming merchant account is a customized merchant service that helps in. You may use it for online and brick-and-mortar companies to handle all debit, credit, and prepaid card transactions. As a result, trust and customer loyalty improve and, in turn, brings. MLM. EMB is the #1 solution for high risk merchants, providing a quick and easy application process that gets your business up and running in less than 48 hours. It allows you to take credit card payments, handle more transactions, and keep your operations safe. With this type of merchant account, you’ll be able to process a variety of payments, including credit and debit cards, e-wallets, and even. The vast majority of banks who are giving them a credit line consider this factor high. Click on the “account” buttons if you want to start filling out a free application. iPad. Contact us now by dialing 1 (727) 330-3944 to be approved for your business and merchant account . A lot of standard merchant accounts have no contract. You can generate payouts without a hamper once you associate with us. The phrase high-risk is a scary prefix for most business owners seeking a merchant account. High-risk merchant accounts provide this advantage by allowing you to trade globally and accept various currencies with fewer restrictions. 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. A high risk merchant account is a type of bank account that allows a business to accept credit card payments, even if it operates in an industry that is considered to be high risk. This has allowed us to offer gaming merchant account and gaming payment processing services. High-risk merchant accounts are for organizations with a history of chargebacks, fraud, or poor customer service. If a company has high potential of chargebacks, or historically many chargebacks and refunds, the. Dharma’s monthly fee is $20 per month. Or check it out in the app stores Home; PopularThis is where online gaming merchant accounts come in. Also included are some valuable tips to decrease the risk associated with the online payment process. High-risk merchant accounts are for businesses that have a high rate of a chargeback, legal issues, or other problems that increase the likelihood of nonpayment for products or services rendered. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. What Is Gaming Merchant Account?A gaming merchant account is a type of payment processing service specifically designed to serve the needs of gaming businesses. For example, a customer may make a purchase from a nutraceutical company (a high risk business) then claim that a purchase was made without their knowledge, call their credit card company. Unfortunately I've never heard of this company before and couldn't find anything online. Choosing the Right High Risk E-Commerce Merchant Account. This feature is essential for high-risk businesses, as it opens the doors to larger markets and diverse customer bases. Navigating High-Risk Credit Card Companies in 2023. Digital gaming is claimed high-risk by most of acquiring banks for the following reasons: High volume turnover. 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. Go high level is an all in one marketing platform to help entrepreneurs, marketers, and agencies grow their businesses. High-risk merchant account let businesses avoid credit card processing fees. Scan this QR code to download the app now. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. Payment Gateways for Online Gaming. Industries that have higher than normal incidences for fraud and chargebacks, “legal gray areas”, age restrictions, and so forth are likely to hit a brick wall when it comes to securing a high-risk merchant account. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Below, we explore how a merchant account for online gambling and casinos differs from a regular merchant account and what makes online gambling high risk. We understand the unique challenges of your business and can. financial risk involved. 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. ; The original risk factors are gaming and gambling. Online Payments, A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. Our team of experts have a strong reputation of providing industry-specific support for low-risk industries: Apparel. Getting rid of all scams and chargebacks is now easy with our services. they will also require an online casino and gaming merchant account to process payments for guests to be able to purchase. eMerchant Authority offers payment processing options for both domestic and offshore gaming businesses. At WebPays, we deliver our payment services to high-risk businesses in the travel, crypto, adult, online gaming, online casinos, pharmaceuticals, and CBD industries to deliver the most increased. Online. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. Meanwhile, businesses with low or moderate risk are less likely to be targeted for cancellations and other types of deception. net, give you access to information regarding your new account. Due to this reason, most of the acquiring. What Makes a Gambling Merchant Account High-Risk? Most banks consider gambling “high risk. In-Store. Merchant Discount Rate (MDR) or commission rate. Fill in all the required fields. At EMB, we have made getting a fantasy merchant account quick and simple. With these criteria in mind, let’s look at our top seven high-risk merchant account providers: PaymentCloud: Best For Free Credit Card Terminal. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. You can attract players from all over the world, and accept payments in US dollars, British pounds, euros, and more. Nonprofits. We’re offering an online gaming merchant account. Alipay is a reliable high-risk merchant account provider that offers tailored payment processing solutions for businesses in various high-risk industries. The company’s products and services for gambling businesses include multiple currency support, offshore banking partners, an online payment gateway, shopping cart. If your business runs an online casino, game or competition, Payed can provide suitable payment processing and merchant accounts - directly connected to our. Health supplements. EMB specializes in all industries that are considered high risk. High-risk merchant accounts are for businesses that are worried about fraud or chargebacks. 17 King Edwards Road Ruislip, Level 2 College House, London, United Kingdom, HA4. The Best High-Risk Merchant Accounts of 2023. High-integrity Risk Financial Trading Platforms (card-absent) MCC 5966. High-Risk merchant accounts are considered slightly riskier than normal merchant accounts. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. WebPays. WebPays has high-risk merchant account solutions for nearly any high-risk merchant. . Business Funding. Though they flagged my business as high risk and outsourced me to one of their partners who offers high risk merchant accounts for businesses like mine. When someone needs help with funding online gaming accounts, Segpay gets the job done by delivering ultra-fast processing and unparalleled cybersecurity. If you run a compliant gaming operation in a licensed territory then we will be able to help you with payment processing without question. Over the past few years, and especially during the pandemic (where folks had more time on their hands), the use of. In 2019, merchants will need to remain vigilant in not allowing their. These companies often face various obstacles that require specialized payment solutions. High-risk merchant accounts are set up specifically for businesses in higher-risk industries, such as adult services, firearms, e-cigarette products, online gaming, travel, certain online retailers, and more. Fraud Prevention: Choose processors equipped with. 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) Brick-and-mortar businesses where the credit card is physically presented. Some of the high risk industries they have worked with include: tech support, gaming, e-cigarettes, adult entertainment, nutraceuticals, gambling, and airlines, among others. (Note: if you have bad credit, your business will be considered high-risk, but you can still get a merchant account with bad credit. jakethad Feb 20, 2007 9:36 AM Your High risk merchant source! Lowest rates guaranteed and fastest service. Salons. Again, adult entertainment account and payment processing rates fluctuate with season. You do this by opening a merchant account. com accounts is their high approval rates. When you have a designated bank account for your business, it speaks volumes about the seriousness of your business. It. All the above-mentioned qualities of a top-class high-risk account are auto-integrated with our Singapore merchant account. Financial institutions and payment processors use. High-risk industries are typically defined as businesses that are considered to pose a higher risk of chargebacks, fraud, or other types of financial losses to merchant services providers and processors. Low-risk merchants. It is a type of bank account applied for by a merchant for the purpose of facilitating the transfer of funds from a paying client’s credit card into the merchant’s bank account. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. Whenever a business exceeds a 2% chargeback ratio, credit card companies can fine the processor that provided the high-ticket merchant account. Use of Stripe's services for any dealings, engagement, or sale of goods/services linked directly or indirectly with jurisdictions Stripe has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk Regions, or persons Stripe has deemed high risk, such as those individuals or entities named to a. 3. Paypound is a renowned payment processor. A high risk merchant poses more of a financial risk to the processing company. You can safeguard your payment processing via. High Risk Merchant Account. Overdue payments and bills. Online Gambling Merchant Services. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Like other high-risk industries, online gaming is also prone to many security and financial fraud issues. Moreoer, it is a secure. E-Gaming Merchant Accounts. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. Offshore payment processors typically provide these high-risk merchant accounts in a foreign country. 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. One major risk is the potential for chargebacks. Whether it is about increasing your sales or generating revenues, we are there to help with our experienced team. Having a high risk merchant account simplifies and streamlines your high risk processing needs. Even if these merchants find a “high risk payment processor” they can still frequently deal with holds or freezes on their money and shut down merchant accounts . Whether you need a single account or multiple, Easy Pay Direct can guide you through the process and help you secure the perfect account for your unique business. To lessen the burden on our clients, we provide an easy and organized application process to help you get your gaming or casino merchant account in a matter of days. High Risk Solutions offers merchant accounts for social gaming. Approvals typically take less than 3-5 days! High Risk Credit Card Processing. Similar to most business services, the high-risk merchant account provider market is highly competitive. While online gambling is now highly regulated and organised, some financial institutions. facebook. 3Ds & Non 3Ds Mids for Casino /Gaming Aug 17. The payment processor (usually a bank or private corporation) will give the ultimate and final approval of your merchant account. Gaming Merchant Accounts. It will involve continuous management of systems to ensure a secure and seamless checkout process. Since the COVID-19 lockdown, interest in o. “ Few mainstream banks are willing to allow their customers to run online gambling business accounts due. The digital gaming businesses. 05 per transaction; Maximize approval ratios based on your target customer base; High-risk rates as low as blended 2. Leap Payments Helps Overcome the Obstacles. Payment processors that offer high-risk merchant accounts understand the unique challenges faced by high-risk merchants, such as an increased likelihood of chargebacks or fraud. One thing all high-risk businesses have in common is an increased need for sharing supporting documents to ensure full compliance. Step 3: The card issuer sends the purchase information to the customer’s bank or the issuing bank to approve or deny. These are important to look out for before giving green light to online gaming merchant accounts. According to a recent study, the online gaming market is projected to grow by $142. As a kicker…. High Approval Rates. MCC 6211. PayKings has the knowledge, experience, and expertise in high risk. Take steps to improve your credit score, ensure your debts are in good standing, and. However, before you are able to do that, your first mission,. Fantasy sports and online gaming: 7995: Financial investments and securities: 6211: Firearms and accessories: 4214: Foreign exchange and currency exchange: 6050:. In-Store. PaymentCloud: Best for software integrations. 4 min read · Feb 25Gaming Industry Merchant Services. The industry of online gaming is booming. Restaurant. Selecting the ideal payment processing partner is a pivotal step in effectively managing a high-risk merchant account. Stolen cards and ID theft are prevalent in every industry that accepts credit cards, from shoes to Sig Sauers. With EMB, you can enjoy top reliability, convenience, and ease of payment processing. After the application is submitted, it will go through the underwriting process. Begin accepting and processing debit and. The more chargebacks that come with a business, the higher the risk. Merchant Stronghold specializes in high risk and offshore merchant accounts. Apply Now. There are troves of benefits that come along with having. 4. Below is a list of the top 10 biggest high risk merchant account industries. Online Gaming Payment Gateway One small downside to utilizing an online gaming payment gateway is the rate premium. Such accounts offer a range of features and services tailored to the gaming industry, including processing of payments from popular gaming platforms. A high-risk merchant account is a label your payment processor has given your business. This feature combined with the real-time processing feature results in merchant services that. Many people find WooCommerce is the provider that best meets their business’s needs. Apply now and you can set up your online casino and gaming merchant account and run within 24 hours and with no limitations. Instant Approval. Why Choose TouchSuite for a High-Risk Merchant Account? Expertise in High-Risk Industries At TouchSuite, we understand the unique challenges faced by high-risk businesses. In order to get and maintain good standing with your service provider, you must meet. Gaming payment processing. e. Payment service provider Content- Hi! My name is Martina. The currency of your choice is delivered to your business. High Risk merchants approved. Who We Are. This includes CBD and Kratom businesses. 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. No matter you’re a new business or the owner of top adult websites, you can get a secure and low-cost adult merchant account if you turn to EMB. You can even create follow-up campaigns and offer 2. E-Gaming Merchant Accounts. These industries typically include online gaming, #adult entertainment, #pharmaceuticals, travel and tourism, and debt collection,. Low Credit Score, you are considered a high risk merchant if your credit score is low as there are possibilities that you find it hard to repay your negative balance. People could always find things that are new and might be more interesting to them after a while. Some of them are: • Gambling businesses generate high-volume turnover which increase the risk factor when an acquiring bank. Merchant Accounts for Curacao GamingA high-risk merchant account is a payment processing account for businesses considered high-risk by banks. This gives processors time to develop a customer risk profile by evaluating payment flows, average ticket sizes, processing levels and chargeback ratios. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. Alipay. Adult payment processing is high-risk credit card processing so it comes with different fees and fee requirements which vary by service. We can provide full merchant services for all your needs. Due to specific regulations and restrictions in certain states, online gaming is often classified as a high-risk venture. and therefore banks are a bit leery to take on gun merchants. Credit card. High-risk Merchant Account Services. Even if these merchants find a “high risk payment processor” they can still frequently deal with holds or freezes on their money and shut down merchant accounts . However, with high risk does come high reward. Again, adult entertainment account and payment processing rates fluctuate with season. One major risk is the potential for chargebacks. We are experts in high risk merchant accounts for businesses in online gaming, cryptocurrency, Forex, and more with a PCI-compliant high-risk payment gateway. Here are the six criteria that merchant account underwriters use to confirm that the business is viable, trustworthy, and has a chance of getting approved: Must-Have A Business Bank Account. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Some examples of high risk merchant account providers include Durango Merchant Services, EMB, and High Risk Solutions. 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. Gaming payment processing typically involves a. Processing limitations describe the highest sales volume that a payment processor will let a merchant process in a certain period of time, typically monthly or annually. Merchants can receive real-time alerts for all chargebacks lodged. If your business is struggling with poor credit, you’ve likely been turned down for a merchant account by your standard, low-risk provider — but don’t worry. Easy Pay Direct specializes in high-risk industries and has experience working with gaming businesses . Increased. It’s also another one, like the cannabis industry, that has a difference of opinion between state and federal laws. There are several type of fees attached to accommodate to the financial loss from the Acquirers. As such, the primary factors that matter with a high-risk merchant account are processing history and industry reputation. High-risk businesses are rarely served by ordinary merchant account providers. With an easy to manage payment gateway, merchants will have no trouble with gateway integration or function. Monthly fee: $10 to $45. banks and financial service providers deny working with this industry. With an online gaming credit card processing solution and merchant account from BankCard USA, you can bypass the app store and so much more: Process all forms of electronic payment, including all major. Even if you exercise utmost caution before accepting a card, it’s still a perceived risk that can see you labeled a high risk account. If you have all the documents and meet all the requirements, the next step is to file your application. Acquiring banks must assess the risk of each Merchant account before the agree to process credit card payments. If you do happen to receive the high-risk classification, here are the likely consequences to keep in mind: Higher fees for every transaction. To complete the application process, you’ll need to provide various identification and paperwork. Our experts at Salus Payments recommend trying to keep your chargeback ratio less than 0. Merchant account providers can add their own characteristics to the list, but here are a few that will characterize your business as high-risk: $20,000 or more in monthly sales. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. Authorize. Long-term contracts that only favor the payment processor. What is a High-risk Merchant Account? Oct 11, 2023 The Complete Guide to Online Credit Card Payment Processing Sep 30, 2023. #1 PaymentCloud Strong Reputation For Fast Approvals. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost. 8% approval ratio. Connecting with us will account for exemplary solutions for your business. At EMB, our high-risk merchant accounts are our primary focus, and our team of professionals have years of experience in tailoring solutions to meet businesses’ unique needs and address their biggest challenges. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. com, a reputable payment processor that specializes in the high risk sector? EMB is voted the nation’s #1 provider of high risk merchant services. If your company is in need of a high risk merchant. High Risk Merchant Accounts: What Makes A Business "Hig…A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be. com have become highly popular. What Is Gaming Merchant Account?A gaming merchant account is a type of payment processing service specifically designed to serve the needs of gaming businesses. Examples of high-risk industries are businesses that deal in the. How to apply for a Gaming Merchant Account. Fast approvals in 24 – 48 hours. Online Gaming Chargebacks. Small Business. Table Games and Poker. Banks won’t onboard any business category that poses a high financial and reputational risk. It is only via a high-risk merchant account that a merchant can process credit and debit card transactions online. We are a reliable payment processor for enhancing your business. As a result, nationwide online gaming is categorized as high risk. Monthly fee: $10 to $45. Even though online gambling has become a big and profitable part of the gambling industry, many banks and other financial institutions still stay away from it because of the high risk. Create an online gaming merchant account with us. Social gaming merchant account solutions at 5 Star Processing.