Casino payment gateways are the saviors for the high-risk merchants in this industry. They provide the best suitable and customized solutions to business owners. It all happens with the help of some amazing features that accompany the services of the payment gateways. If you are a merchant in this industry and looking for a useful payment gateway service, pay attention to the points below. The blog is all about how a casino payment gateway gives satisfying services to business owners.
PCI-DSS Compliance Makes All the Difference
Payment card industry data security standard ensures the safety of all sorts of online transactions. Payment gateways must keep their services compliant with the PCI-DSS. It gives 3D security to the money of the customers.
Also, it secures the refund transactions when the merchant gives back the money to the customer. In 3D technology, a customer can initiate a payment only after entering an authentication code sent to his device. Once he enters the code, then only the transaction moves forward, and the payment for a product or service completes.
A Casino Payment Gateway Can Help Merchants Get A Merchant Account
No need to mention how difficult it is for a casino merchant to get a merchant account. The tag of ‘high-risk’ makes businesses prone to rejection on the application. But connecting to a reliable casino payment gateway like EskayPay can help to get the approval of a merchant account.
The payment gateways have a vast network with acquiring banks through which they can help provide an offshore payment gateway. They can suggest to their merchants what changes should be done on the business website to get smooth approval. When it comes to casinos or online casinos, the content on the website may cause an issue, and acquiring banks may reject the application. The payment gateways suggest the business owners keep the business content on the website and other platforms informative only. There should be no fake commitments or unrealistic offers.
Fraud Protection Tools with Chargeback Management Strategy
The payment gateways for online casinos have the smart and latest tools backed up by artificial intelligence. As online gambling businesses are prone to financial fraud and hacking, the payment gateways create a protection shield. The money that travels from customer to merchant account to merchant stays safe. The system can spot suspicious transactions and can hold the customer payments that make frequent friendly fraud.
A chargeback management strategy is another benefit with which the payment gateways for gambling merchants reduce chargebacks. As the fraud detection tools are strong, the payment gateway providers can always track the record of all the customers. The dedicated team working for a particular merchant brings attention to the specific customer accounts that ask for frequent chargebacks. Also, they help a business detect the major reason that makes most of the casino players ask for a chargeback.
A Casino Payment Gateway Can Provide Multiple Acquirers for Speedy Transactions
Acquiring banks manage merchant accounts of many businesses from different industries. Millions and billions of transactions take place. In that case, congestion in the network during a transaction is possible. This can delay the payment process between a customer and a merchant. But with the help of payment gateways, a merchant can process payments through more than one acquirer.
When a payment takes time due to heavy transaction traffic in a particular acquiring bank, it switches to another bank. But the bridge will be the same and that is the payment gateway. It means, the acquirers can be many but the payment gateway company is the same. However, a merchant can change the payment gateway provider also but normally it is not required. The reason is that payment gateway providers are capable and equipped with the latest tools to ensure faster transactions.
There is no exaggeration in the fact that casino payment gateways are extremely helpful for merchants. They can help a gambling business flourish and remove all the issues, especially on the part of payment processing. A merchant can survive smoothly without facing any considerable issues. Also, the round-the-clock assistance from the team of payment gateways helps the businesses solve the issues instantly. Whether it is a technical problem or an operation problem during transactions, the dedicated team deals with every casino merchant while paying individual attention.
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How do Online Payment Gateway Providers help High-Risk Merchants get a Merchant Account?