A fantasy sports merchant account is ideal for companies in the online gaming industry. In recent years, the demand for credit card processing in fantasy sports has expanded greatly. With new online companies offering interesting and innovative ways to reach target markets in the online gaming sector, merchant account providers have been updating their underwriting guidelines and providing new ways to accept payments.
In order to accept payments for your fantasy sports application or website, you’ll need to find a high risk payment processor who specializes in this field. Online gambling is a highly regulated activity with laws that fluctuate from state to state. Therefore, it’s essential to have a well-established high risk merchant account provider who can walk you through all of the onboarding steps.
There are many different ways to place bets on sports, and an increasing number of businesses that provide unique ways for people to wager on winners and losers. Here are a couple of the main verticals and company types that should reach out to high risk providers:
The best merchant account providers in the sports betting industry are high risk ones. Zen Payments is a master in the field with multiple resources for online companies and applications. With payouts and money disbursements on the line, be sure to work with experienced payment processors who can secure your account fast and guarantee competitive rates.
