Online gaming merchant account. Finding the right merchant account can be a challenge for online gambling companies. Online gaming merchant account

 
 Finding the right merchant account can be a challenge for online gambling companiesOnline gaming merchant account

High-risk payment gateways: Payment gateways are tools that facilitate credit card transactions. FYI – GBO is a premier payment solution provider for online casinos. After payment, the in-game item is transferred to the users. SMB Global: Best for international merchants. Online gambling is commonly known as gaming within the merchant services industry. We understand the need for fast, secure payment and. After signing up, you will need to. Quickly send money to winners. If you still have questions regarding what we can do for you, give us a call at 1-888-548-5649 so you can converse with one of our merchant account managers. 2. Online Gaming Merchant Accounts Payment processing for online gaming merchants. Merchant Account is kind of bank account which helps to receive payments in multiple ways. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. Online Gaming Merchant Account Merchant accounts are provided specifically to contr. Getting a regular online gaming merchant account is a difficult task due to the refusal of banks to co-operate with gaming merchants. 7% from 2022 to 2030. Square is simple, plug-and-play software that can run on iOS and Android devices. DigiPay’s expanded network of banking relationships processes payments for the gaming industry at competitive rates, terms and conditions. As the online gaming industry grows at a quick rate, gamers are becoming more aware of the services and features offered by gaming platform providers. At the same time, merchants get more opportunities to. 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. An e-gaming bank account should offer multi-signature rights. Social gaming. 00 EUR Refund Fee: 1. Online Gambling and Gaming Merchant Account Compliance. iPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. 2D Payment Gateway allows a cardholder to pay without a security code and a one-time password. The online gaming industry requires high risk merchant account. On the other hand, a merchant account acts as a holding account where. 20% + $0. We are a financial advisor delivering high-risk payment gateway solutions to businesses labeled as high-risk such as online gaming, tobacco, adult services, etc. We offer support to companies who need an online gaming merchant account for a sustainable business. The online gambling industry is vast and like other industries has many hurdles to overcome. Multi-Currency processing. Merchants that want to effectively process credit card payments need to turn to a processor, like eMerchantBroker. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high. The code 7995 can be used to prevent transactions coming from states that don't allow online gaming. Once a merchant is set up, the payment processing involves the. Research shows that more than 25 percent of online gamblers have abandoned registering a new account with a gambling website due to its complicated sign-up processes. However, to accept credit and debit card payments from online customers, you will likely need to partner with one of the many available merchant account providers, including our PayPal merchant account. The activity to play poker in clubs, at parties, and in other areas is slowly transforming, and more and more lovers of this online game switch to the mobile internet to play. An Employer Identification Number. You can begin the process by just applying online now. They can regard the straightforwardness wherein they could endeavor showed up particularly in association with a long time earlier. You’ll need a website for your business and the. Online Gaming has evolved over the course of years. “A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and…The online gaming industry is ripe for fraud. EskayPay understands the needs of every merchant because we are always aware of the latest trends of this industry. Friendly & Professional. sit in all of this? Despite being incredibly hesitant to embrace the. Gaming is a platform that may be used in a variety of ways. 1. Step 2: You will be asked to fill out the application. 15 EUR - 0. In order to get and maintain good standing with your service provider, you must meet. And. While the codes of 7994 and 7999 are considered medium risk, 7995 is classified as a high-risk business. The prevalence of credit card processing providers evaluates it as a high-risk industry because of. Before applying for a merchant account,…The world of online gaming is continuously growing, and it does not look to get slow shortly. Our high risk payment processing expertise can help your legal gaming. 1. About Us; Solutions. Your new online casino won't be able to. This service extends across sovereign borders. Like all of the best credit card processing companies, PayPal regularly features deals and incentives. An online gaming merchant account is a business account used to process payments of the customers/players. 508: HPP: Invalid data in ACCOUNT field. However, traditional banks may not be the ideal option for obtaining a sustainable online gaming merchant account. Travel merchant businesses accept payment from all over the world in different. Essentially, a merchant account acts as the middleman between the use of the card and the deposit of the. Having a merchant services account is an integral part of payment processing for your small business. All types of online gaming merchants qualify for. The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. FintechMerchantAccounts is leading the market when it comes to providing casino and online gaming merchant accounts. Thus, eMerchantPRo provides a complete support and assistance for your online Gaming Business. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. It acts as an intermediary that connects your business with the card-issuing banks that offer your customers the debit and credit cards to make purchases. )Social gaming. Payment processing for online gaming merchants. Merchants trading in online gaming requires an online gaming merchant account. Online Gaming Merchant Account | Perfect Payment Solution “A Complete Online Payment Solution for Gamers” Online Gaming Merchant Account helps gaming merchants to receive online payments in a. Online Gaming Need a Gaming Merchant Account With respect to providing casino and online gaming merchant accounts, CardCorp is provides top level solutions in the industry. We provides a variety of services such as merchant account, Payment Gateway for Gaming, digital wallets, and so on, reducing the amount of work required by its clients for a simple online transaction. While fantasy gaming has been popular with sports fans for decades, there are now numerous companies offering cash incentives and betting opportunities through their fantasy sports betting merchant accounts. 50% Transaction Fee: 0. E-gaming business bank accounts should accept multiple currencies, include cryptocurrencies. ltd for a Gaming Merchant Account. The Best Merchant Account Service Providers of 2023. Merchant accounts are a must-have for businesses that accept electronic payments and businesses that are 100% online-based. One of the most important goals of online gaming merchants is turning players into payers. To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. Online gaming companies must have a high risk gaming merchant account in order to accept card payments but maintaining a merchant account comes with a price. Presentation Survey Quiz Lead-form E-Book. In fa. ONLINE GAMBLING MERCHANT ACCOUNT — MCC CODES. The company has earned an “ A+ ” rating in our review as well as an “ A+ ” rating with the BBB. Finding the right merchant account can be a challenge for online gambling companies. Operating in a high-risk industry like gaming and online gambling doesn’t mean businesses won’t be able to secure a. It integrates with Meta for Business, so you can accept donations or sell goods on Instagram and Facebook. So, it may be hard to find a good gaming merchant supplier, but it doesn. 1. Step 1: A customer buys a product or service either online or in-store. Click to continue reading gaming merchant account and high risk merchant account. Gaming and Gambling Accounts - Axcess Merchant Services. . Often considered high risk due to market perception and chargeback rates, it is important to work with the right merchant services provider. Arranging the implementation process to setup a merchant account is simple and only requires a small amount of research and planning. How to apply for a Gaming Merchant Account. Open a business bank account. A company's revenues from online gaming, on the other hand, can be maximized with the help of a trustworthy online gaming merchant account. As an… Open in appIn fact, even many of the International high risk merchant accounts will not underwrite Online Gaming businesses. Having a gaming license is important for your company’s standing and for the quality of the service you deliver. 7 billion in 2022, according to Statista. 2. Online gaming is on top of the competition these days, as just one online stream can earn you millions in. Obtaining an online gaming merchant account isn’t easy. Credit Card Processing Services. For example online gambling is only permitted in the states of Delaware, New Jersey and Nevada. Now look for High risk merchant account providers offering customized gaming merchant account solutions to take care of your credit card processing. X. See moreWhat is an Online Gaming Merchant Account? As is the case with any business that accepts payment by credit card, online gaming businesses need to have merchant. This account acts as a conduit, facilitating. Most of the primary factors should be security, affordable. Also to give the most successful transaction results. Digital casinos must also navigate meeting. 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. 3. But as we told you earlier that banks will. Fill out the quick & easy form or pick up the phone and call +1 (800) 530-2444. Online gambling is an ever-growing market that has exploded exponentially over the last few years. The industry has exploded in popularity in the United States with over 45. The worldwide gambling industry is booming, with an estimated global gross yield of nearly $500 billion in 2019 – nearly ten percent of that amount flowed through online gambling sites. Skill gaming merchants should aim to secure an MCC7994 code. Nonetheless, we have a high endorsement rate for high risk merchants and offer. Make sure to have your business info available to set up your payments profile. To open, a business needs an EIN and valid business license. + 0. A good online gaming merchant account lets you handle payments and local regulations. You’ll get approval for a casino and gaming merchant account in just 24 hours. Online gaming companies must have a gaming merchant account in order to accept card payments. Connected. The Curaçao eGaming’s main characteristics are as follows: For all forms of. 14 trillion by 2020, according to the statistics portal, Statista. 95 billion by 2027. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. Traditional gateways won't touch risk. ProMerchant: Best for High-Risk Businesses. It's easy to open an account with Square. A Gaming Merchant Account is a dedicated business banking account which allows smooth transactions when operating in a high-risk industry. Online gaming merchant accounts contain many types of fraud prevention tools that check the real identity of the player. Step 2: You will be asked to fill out the application. GBO assists to gaming businesses to find, locate and match with everything they require in order to begin accepting online card payments, from a payment gateway to gaming merchant accounts. They can respect the straightforwardness wherein they could endeavor showed up especially in relationship with quite a while prior. Among the many services offered, good-standing merchants of record have access to effective chargeback management tools that prevent. It’s like a regular merchant account, but it’s made for online gaming. Square: merchant account services for in-person and social sales . Our gaming credit card processing services can ensure businesses are compliant by properly categorizing the business when the merchant account is established. If you have all the documents and meet all the requirements, the next step is to file your application. PayKings Provides Online Gaming Merchant Accounts. It’s also free of monthly fees. However, the sector’s influence extends far beyond dollars; it has shaped broader social, cultural, and business trends and established a path for companies to. Some customers might join your gaming service or website for a bit and then leave. 2. Why merchant account is important for online gaming? Merchant accounts are provided specifically to control the functioning of your e-commerce…Online Gaming Merchant Account Makes Gaming Businesses Superb. Our payment services are designed with special consideration for the unique aspects of the online gaming industry, and they have proven to be the best. Scan this QR code to download the app now. Merchant Stronghold specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. A merchant account is a bank account that is designed specifically for businesses to accept and issue payments, usually by credit card, debit card, or other electronic method. Pricing: Fees for accepting online payments How much does it cost to accept card payments on a Merchant account? Will I be charged for foreign currency exchange fees for using a Merchant account?A high-risk merchant account is a payment processing tool that gives unique types of businesses the ability to accept payments. The account is arranged by a payment service provider which works as a mediator between the acquirer bank and the business. Share. Gaming Merchant Account for Gaming Merchants in the United Kingdom. 25 EUR 7995 MCC Annual Registration: 950. People could always find things that are new and might be more interesting to them after a while. The global media and entertainment market, which includes online casinos and gaming, is projected to grow worldwide to $2. Anti-cheating Techniques Integrating techniques to prevent cheating can be. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. Obtain A Business Bank Account. An online casino or gaming merchant account allows merchants to control their businesses and revenues with International Payment Processing. A merchant account is a type of bank account that allows your business to securely accept payments via credit cards, debit cards, and other electronic payment modes. A business bank account is where your merchant account provider will send the money from your sales and withdraw any fees. Online Gaming Need a Gaming Merchant Account With respect to providing casino and online gaming merchant accounts, CardCorp is provides top level solutions in the industry. Setting up the additional locations to stay updated about the regular transaction records is not important. ECS Payments can provide you with the best payment solutions for an online casinos merchant account, covering all different types of online gaming payment processing including: Etc…. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. Merchant solutions comprise payment processing services, merchant accounts, chargeback management, fraud prevention, etc. 00 EUR Monthly Fee: 20. Top Online Gambling Merchant Processors. Your merchant account communicates with the customer’s card issuer to confirm the transaction. We at EskayPay cannot guarantee that a gaming credit card processing application will be approved; we will work with merchants to expedite the process. Merchant Stronghold specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. Online gaming is on top of the competition these days, as just one online stream can earn you millions in a matter of h. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. Everyone, from small children to adults, has their own game obsession. Learn More Online Gaming Processing. Services to high-risk business owners are comparatively expansive than low-risk businesses. 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. We became one of the leading companies globally that offered complete turnkey solutions for setting up the company structure, including company formation, license, active bank accounts, merchant accounts, assistance with white label solutions, corporate advice, and more. The online casino industry is well-known as online gaming in the merchant service industry. To do that, you then need to enter a contract with an acquiring bank. Depending upon the business model and risk profile, the Provider may offer any pricing structure. Online Gaming Merchant Account helps gaming merchants to receive online payments in a simpler and faster way. Business. Thus, eMerchantPRo provides a complete support and assistance for your online Gaming Business. Easy and smooth Payments. Numerous statistics show the upward trajectory of the online gambling and casino industry. But having this account will not make you worry about any type of fraud. View Website. Debit and credit cards are the natural development for online video gaming organizations. It has become more iconic in the world of the internet. It’s nothing like a consumer checking or savings account, though. Ipaytotal | iPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. These features will help you to carry out online transactions with ease. Get started or call us today at (800) 621-4893. We offer Online Gaming Merchant Account to the merchants through which merchants can operate their business transactions seamlessly. An online gaming merchant account is a business account used to process payments of the customers/players. 1. Once approved, the merchant account deducts the transaction amount from the customer’s credit card. Benefits of having Gaming Merchant Account Facility. PayKings provides payment processing solutions for gaming businesses domestic and. Bank accounts for gaming businesses and merchant accounts To manage all that cash flow, you need the appropriate tools. Gaming Merchant Account. The valuation of active players also reached 2. An online payment gateway has a quite important function in the whole payment process, as it virtually connects the wallets of customers with gaming merchant accounts to create a transaction space. The main moving part of online payment processing is the merchant, who is considered you or your business. Merchant Stronghold’s team. Payment processors can ensure businesses are compliant by properly categorizing the business when the merchant account is established. Easily accept payments from players. 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. Merchant account services refer to the financial services that enable businesses to accept electronic payments from customers using credit cards, debit cards, and other forms of electronic payments. Three months of bank statements. According to a survey, 88% of people prefer to make an account when purchasing video content. 508: HPP: Invalid characters in order id - please use only A-Z a-z 0-9 _ - or contact the. Apply Now. The online gaming industry requires high risk merchant account. Choose a third-party processor. Players have the opportunity to play legally. 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 credit/debit cards and ACH transfers Manage one-time and recurring billing so members can auto-pay on a set schedule Payment processing for online gaming merchants. You can begin the process by just applying online now. Conventional banks are somewhat sceptical of those operating within the gambling industry, making ChargeMoney the easiest and safest solution to guide you through the process safely. If you intend to run an online gambling platform, you will need a gambling merchant account. The best bank account for gambling businesses must be able to receive money from the business’s merchant account; accept multiple currencies; allow online banking; provide a debit card and multiple signature rights to the account. Many of these fees recur on a monthly or annual basis, whether you process any transactions or not. This is often a way to get around big banks’ refusal to underwrite adult businesses, but it has another hidden advantage as well. When you're ready, go to Merchant Center and sign in with your Google Account to get started. Thus, the payments are first collected in this account on behalf of the intermediaries. Payment gateways facilitate the secure transmission of payment information between players and your platform during transactions. Tap Payments and Subscriptions > Payment methods. Online Processing. A gaming merchant account is essential for online businesses in this unique industry. 1. Due to needing a merchant account to process credit cards, they are crucial to bringing revenue into your business. Tags: High Risk Business. Your merchant account receives funds and credits your. 94 percent between 2022 and 2027. The gaming industry has high. The online gaming market is growing faster. Easy Pay Direct login gateway. Gaming is considered high risk because of the heavy traffic, high transaction volume, vulnerability to fraudulent activity and chargebacks. Account Se-up or Installation fee. Affordable and customized payments solution with 120+ payment options and 29+ currencies. National Processing. Here at Zen Payments, we believe that good merchants should be able to process payments and secure a merchant account, regardless of industry. How to link. Online Gaming Merchant Account - Gaming Credit Card Processing Gaming Merchant Accounts For Your Credit Card Processing Needs Accept Payments Online in Multiple. Merchant solutions comprise payment processing services, merchant accounts, chargeback management, fraud prevention, etc. Online gambling has fewer regulations than land-based casinos, thus banks are wary of lending to online gaming businesses. This is where you will log in to your control panel. It is a source account where all transactions are managed,. Online merchant account services enable businesses to accept debit and credit card payments for goods and services. According to a recent survey, over 70% of online gamers prefer to make transactions with their debit or credit cards. After signing up, you will need to fill out the application form and upload the required documents. Interaction between people. Gaming Payment Gateway instantly secures online payment transactions from potential threats. They function as a means. Online gaming merchant account: If you run a gaming business, you probably already know that the gaming industry is by banks considered to be high-risk. Whatever your payment needs, we offer the expertise and solutions to make you more money. A well-established gaming merchant must obtain the gaming merchant account for easy and secure payments. Dharma Merchant Services. Before choosing a market participant, make sure you can accept all major cards and that the account has. This merchant account is customized according to the need of the online gaming business. They’re only available to businesses, and they’re a crucial part of the payment process. Aside from looking for experienced online gaming merchant account providers, there are a few other factors to consider. Please contact the merchant. Your gaming merchant account may also be compatible with the world’s most popular currencies. A payment gateway is what keeps the payments ecosystem running smoothly, as it enables online payments for consumers and businesses. Social gaming. Get processing. An adult merchant account allows you to worry less about chargebacks and focus more on running your business. Heroes are sent out on quests in order to fight enemies and gather materials. With a sudden influx of new gaming customers, revenue has escalated significantly. Whether it’s depositing funds, placing wagers or withdrawing winnings, online gamblers expect to. google. Interchange Pricing For Gaming Clients. Mobile gaming, social gaming, multiplayer. As e-gaming operations are considered high risk they are often rejected by banks and instead owners have to work with a high risk payment processor that is familiar with the gaming industry and already provides gaming merchant services. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. This is the real attitude that comes into question while you are seeking an. Effective payment processing is crucial to maximizing profits, boosting customer. We provide gaming businesses with local & international payment processingThe online gaming industry is large, and it, like any other, includes bad actors. So gamers want to be more updated on what new they can predict from gaming platforms and providers. This account is offered by an acquirer, a bank that is ready to work with a high-risk company. Easy Integration, Fast Onboarding, Multi-Currency. A merchant account is a type of business bank account that allows you to safely process electronic payments like debit and credit cards both in-person and online. Your merchant account communicates with the customer’s card issuer. So, push it into an immensely beneficial business by. Stax: Best for Subscription Pricing. Review the details of the linking of online payment and select Authorize. It’s also how cards get declined and why businesses are able to receive funds before a buyer pays off. Get immediate assistance in case of any technical or operational issue of. Unlike the customary merchant account transaction recovering atmosphere, the cash case grace, and the system through which the outputs are saved, need to meet the high norms of liableness and productivity in order to carry-on the high trade volume of the Online casino gaming industry. It is essential to set up corporate bank accounts and gambling merchant accounts specifically designed for the gaming industry. Merchant Discount Rate (MDR) or commission rate. With a domestic online gaming merchant account, an online gaming merchant will be imposed volume caps – and nearing or exceeding such caps can get a. Understanding Online Gaming Merchant Account Fees and Requirements. co understands the unique needs of online gaming. They games deal with many, low-cost transactions that need to be approved in real time, so it does not ruin. Where does the U. As soon as you’re approved, SecureGlobalPay can set up chargeback management tools and a payment gateway. 9 billion in 2016. Best {2D Payment Gateway} for #High Risk Merchant Account. Instabil is a leading high risk merchant account provider for online gambling merchants, e-commerce, MOTO, and retail businesses. A Corporate Account for iGaming: We work with a variety of international payment institutions and financial institutions that cater to the online gaming industry. The ability to integrate Easy Pay Direct with. A gambling merchant account is a credit card processing account that specifically serves online gambling companies. com and click Create account. You’ll get approval for a casino and gaming merchant account in just 24 hours. Chiefly, it means video sports played over the Internet, where numerous players are from diverse sites all over the globe. Go to Merchant Center. With a reliable gaming merchant account, online companies can make the most of their business. Quickly send money to winners. Online Gaming Merchant Accounts . One of the most important goals of online gaming merchants is turning players into payers. The growth in digitalization is the main reason for the industry’s growth across the globe. In addition, the application process is fast and hassle-free. In short, your merchant account lets you accept and process electronic credit card payments. A merchant account is a crucial part of being able to accept online payments; however, the process can feel overwhelming. Starting a successful online casino requires a significant investment in both time and money. With the increased number of gambling and online paid gaming sites, there is a necessity for quality payment. Fill in all the required fields. Our continued focus & developement on this platform’s capacity continues to support the needs of brick-and-mortar operators. Author: GBO Specialist GBO: Expert Merchant Services for Online Gaming – Open Your European Online Gaming Merchant Account Today! Contact us in. It is often associated with a payment processor installed within the website or application. E-Gaming Merchant Accounts. There is an agreement made between the merchant acquiring bank and an acceptor for the payment settlement. Payment Depot: Best for High Transaction Volume. The gaming market was estimated to be worth $21. Browse . When you click on. The Best Gaming Merchant Account Providers. Merchant accounts for startup online gaming operations. Ability to set-up a gaming merchant account. EskayPay is known as the top payment processing service provider in the industry. Merchant account fees are simply fees paid to maintain the merchant account you need to be able to accept credit and debit cards. banks and financial service providers deny working with this industry. What is online gaming merchant Account? Merchant account facilitates payment accepting ability. The requirements are the same multiprocessing and greater support of multiple currencies. An online casino merchant account is a special type of account designed to cater to the payment processing needs of high-risk industries like online gambling and gaming. The community may refer to these accounts as: Casino, Gambling or Betting Merchant Accounts – but in reality these are essentially the same thing. The ability to accept credit card payments. You’ll get approval for a casino and gaming merchant account in just 24 hours. If the ratio of money-back incidents goes beyond the decided limit, they cannot keep the account of a gaming merchant. Here Merchant gets complete payment solution in authentic manner. How to get a gaming merchant account. Learn More Online Gaming Processing. Not just you will have the ability to profit by this sort of exchange yet what’s more will your clients. Easily accept payments from players. SQUARE: FOR NEW BUSINESSES. With this merchant account, you’ll get several features to rely on. A gaming merchant account is interpreted as a high-risk account for many reasons: The turnover rate at your business may be too high. As a gaming merchant, you need to be aware of the needs of your gamers and also what your business needs. Gaming merchant account. If you are already in the online gaming business and in need to expand it further, you require an Online Gaming Merchant Account. For this reason, you should get an online gambling merchant account from a partner who comprehends the specific needs of the industry. com can help you get your business the proper credit card processing account. You must find a provider which focuses on the following issues:-Charge-back reporting and prevention. When you click on. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. Connected. A high-risk merchant account is among the favorite targets of fraudsters for a data breach. Due to this reason, most of the acquiring. According to the International Trade Administration , the worldwide video game industry has a value of $159. As long as your chargeback rate is below 3%, emerchantbroker. Tap the Profile icon on the Google Play Store. All it means is you may have to pay a bit more, complete a few extra forms and sign a contract. 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. Corepay: Best For Mail Order/Telephone Order Businesses.