Although they offer huge income possibilities, online casino merchant accounts involve high risk factors such as potential chargebacks and high volume sales, which is why most acquiring banks are reluctant to accept online casino merchants. This creates a major hurdle for online casino / gaming merchants and customers. Especially in the US, where most acquiring banks prohibit merchant accounts for casinos and online gambling, while in the UK banks typically request a history of at least two years and huge deposits. . The best way to accept transactions online and securely purchase credit card payments is to obtain a gaming merchant account from the best merchant account service provider available.

What can a casino merchant account offer? A lot!

With an online casino / gaming business account, gaming merchants can gain many advantages. An online casino / gambling merchant account allows merchants full control of their business and income. With no hassle with high-volume sales, potential chargebacks, refunds, and fraud, casino merchant account holders can provide their customers with optimal services. The online casino merchant account allows merchants not only a comparatively easier interface for their customers, but also offers unlimited benefits including:

o Secure transaction and payment processing options

o Protection against credit card scams and online fraud with the right tools

o Processing major credit cards and payment deposits

o Some casino merchant account providers also offer cost-effective, real-time processing solutions for overseas merchants to save your time and money.

o With secure SSL encrypted servers, casino merchant accounts get additional protection against online fraud and theft

o Certain casino merchant account providers also offer online reporting services for their merchants. With this facility, merchants can view transaction reports online.

o Having a secure virtual terminal and a reliable payment gateway is a must for online casino merchant account holders. This allows you to host terminals for multi-user networks, process credit cards and carry out authorizations.

o Business casino account holders can integrate an online shopping cart service on their website and facilitate their customers

o Most casino merchant account providers offer 24/7 customer support for their clients. This is a very important feature, as it helps customers get technical answers and inquiries immediately.

o Being able to accept all major credit and debit cards provides a great advantage to merchants, especially if you are a business casino account holder.

o Accept customer payments in major currencies

o A foreign casino merchant account allows merchants to process their payments abroad and expand their business around the world

This is why it is important to get an online casino merchant account from the right merchant account provider.

Author's Bio: 

The hardest step in setting up a high risk merchant account is qualifying for it. Business account providers will evaluate your credit report and previous business accounts you have.