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Payement Provider for Gambling

forbesee
New Member
4 0 0
Hi there,

I'm a UK based operation and I am hoping to confirm whether there are ANY merchant accounts for a business like mine.

In short, we run what the UK government describes as 'free prize draws' - you can either buy a ticket online, or enter for free via posting your entry in. The winner is then chosen at random and wins a prize and are looking for a payment gateway and merchant account that can help us process payments.

Any help is appreciated, thanks Liam
Replies 7 (7)
Jason_Beacon
Shopify Partner
235 12 46

Hi Liam,

 

I  did some research on high-risk payment gateway in the past and this is some of the stuff I learned.

 

You will need to search around for high-risk payment gateways (Google) and call them and ask to speak with their underwriting manager to see if they would approve of your business. Don't bother speaking with the sales rep. Their goal is to sign you up as quickly as possible. You don't want to submit all your personal documents only to be told that they no longer approve your business.  Each payment gateway is very different with each having its own stance on what business they would accept.

 

Doing a quick Google search will give you quite a bit to work on to figure out what the policy for each payment gateway is. 

 

https://www.google.com/search?ei=RGQpXrXRFI6voATTjojgAQ&q=high+risk+payment+processors&oq=high+risk+...

 

I hope this information helps you a bit. 

 

 

 

 

 

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MoooJ
New Member
1 0 0

Hi! Why do you need any intermediaries or providers to withdraw money from betting or gambling? the site itself should play this role. It should give you the opportunity to withdraw money to any payment system. If he does not give this, it means that the site is either of poor quality or a site for deceiving people. So I do not advise you to put it on such sites. I personally found a great gambling site. Playing and placing sports bets there, I make 500-1000 dollars in a couple of hours. Better than most jobs. This is also the best site for sports betting!

maysloof
New Member
1 0 0

I have been playing all gambling for five years. Mainly I prefer the casino, and I will tell you right away, Be sure to read the terms of their provision. Sometimes, especially gambling sites like to do it at registration, give a bonus for nothing, such as 25 free spins. That's a whole 25 games, during which you can win something! Usually, they win all sorts of small things, but still, there are cases of big winnings. So, these winnings need to be wagered. This means that if you have nothing in your account, you need to make a deposit and play for real money. Or your winnings from leon.casino will still be in your account.

BaileyGarner
New Member
1 0 0

I agree with the words above. Users prefer sites with the best payout, so this should be given special attention. I can advise in this matter to get acquainted with what other gambling sites offer. Here https://casinotop.co.nz/best-payout/ has some pretty detailed information that may be useful to you. Good luck with your business!

Facelesss
New Member
2 0 0
Click to expand...
Liam, hi! I don't understand a little why you can't enter the payment system into the site itself?

Liam, hi! I don't understand a little why you can't enter the payment system into the site itself?

Facelesss
New Member
2 0 0

Liam, hi! I don't understand a little why you can't enter the payment system into the site itself? So it'll be much more convenient when the system is built into the site itself. It seems that you need to change the developer of your site and then everything will be fine. Once I was fond of online casinos, there was a very convenient payment method.easy money come for you here you can look. Money was debited without commission and the card was also replenished very quickly and without delay. So I recommend making just a good site and then everything will be fine.

aribmass
Tourist
7 1 1

If it's an auction or a case where you can just call it a tender, there shouldn't be any problems. The government clearly states that there are limits on the amount, so it is better to clarify what it is. If it is a drawing of prizes that people win and receive for some kind of merit, you can make a commission on receipt and pay tax. I tried https://wolfwinnercasino.com/loyalty researching this and there are relatively similar cases here regarding winnings. Take this as a basis and think about how to do a raffle and auction.