Based on your license status and targeted markets we find the best solution for your business. Some degree of friction in the customer experience is necessary to deter online gaming fraud. Buy a casino. 3% plus interchange if you’re among the low-risk merchants. However, the number of High-risk Merchants account providers for online gambling is limited, and it can be difficult to find one that can deliver reliably. An acquirer makes money by offering merchant accounts to businesses, allowing them to accept credit cards. Other risks include fraud and reputational risk. Read on for everything you need to know about high-risk processing. To discuss your payment management needs with one of our expert advisors. 7. Let’s get one thing straight, being considered a high-risk merchant (or what we like to refer to as higher risk) isn’t always a bad thing. you can look for a merchant service provider that allows high-risk merchants, but expect to. Apply here to set. 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. A high-risk merchant account is specifically designed to support payment processing for high-risk businesses. If your merchant is switching things up, you need to know about it. Use of Stripe's services for any dealings, engagement, or sale of goods/services linked directly or indirectly with jurisdictions Stripe has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk Regions, or persons Stripe has deemed high risk, such as those individuals or entities named to a. This type of account is typically used by businesses that offer services or products that can be purchased on the go, such as food trucks, delivery services, and mobile stores. Show Summary. The terms of the contract may vary from provider to provider, but at the core of the agreement, they are covering their bases. High-risk industries fall under a broad scope including. e. 3 Illegal Activity 12 Unlawful Sale of Prescription Drugs Intellectual Property (IP) Violations Illegal or Miscoded Gambling The Best High-Risk Merchant Accounts of 2023. In simple terms, high-risk businesses are merchants who are perceived to be at a greater risk of financial. To get a high-risk merchant account with Shopify, you must find a third-party merchant services provider to handle the backend of your payment processing. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. Soar Payments. Finding the right payment gateway and merchant account solutions requires research and patience. It will typically allow payments to be made via credit and debit card. Among past. The merchant should always consider security when selecting a gambling payment gateway. The selection of merchants proposed for whitelisting is controlled by the Issuer; the Issuer will consider the industry type, the low risk of the merchant and also the purchasing history of the cardholder; for example, the Issuer may propose 10 merchants which a particular cardholder uses often and the Issuer may include merchants which. Sites like Cardgames io, Replay Poker, and San Manuel Online Casino all have something in common; they work in a unique niche. We are impressed by EveryMatrix’s gaming portfolio and its ability to integrate with our. How To Apply For A High Risk Merchant Account. A merchant account is a contract between a company and a financial institution that allows the company to accept. Most acquiring banks view gambling as a high-risk sector, making it extremely difficult to establish an online gaming merchant account and payment gateway. PayKings is leading the industry of payment processing, especially for high risk merchants. Payments Processors consider gambling merchant accounts to be high risk for a few reasons, including age restrictions, diverse global laws, high-volume turnover, higher-than-typical chargebacks, money laundering and fraud. Financial institutions typically screen merchants through the MATCH list to verify whether they have a history of poor business activities or have ever had their ability to process. Our process is simple so you can focus on your business. Major card brands categorize merchants using merchant category codes (MCCs), and payment service providers must ensure that their merchants are accurately coded. International accounts for online casinos, sportsbooks and skill games Online gambling merchant accounts are a great way for online casinos, sportsbooks and games of skill to maximize. 20. The purpose of this guide is to provide merchants and their back-office sales staff with accurate, up-to-date information to help merchants minimizing the risk of loss from fraud and chargebacks. PayKings (Merchant Payments Acceptance Corp LLC) is your powerful partner in global transaction Low, Medium, and High Risk Merchant Accounts processing. That MCC regulates video game establishments and. • A High Risk Independent Sales Organization (HR - ISO) is an ISO that enters into a contract with an acquirer to provide merchant solicitation, sales, customer service, merchant transaction solicitation and/or customer training to “high-brand risk merchants. A merchant is considered high-risk from the viewpoint of a credit card payment processor or acquiring bank. The following additional terms and conditions apply to you where you are a gambling or gaming sector merchant. This program applies to all high-risk merchants that meet or exceed specified chargeback thresholds. When your business has been labeled a high-risk merchant account, you will almost always pay higher. Provision and disclosure of Data and information 7. Sales via Visa and Mastercard still lead the way for online gambling purchases, particularly in Europe. 805. High-risk merchants work in businesses that are bound to increased refunds, legal and governmental restrictions, or reputational problems. International businesses selling their services and products within the US. This includes the emotional and mental impact of gambling, such as addiction, anxiety, and depression. Experience a secure and seamless gambling payment processing solution with PayFasto’s gambling merchant account. These businesses often operate in industries associated with high chargeback rates, potential fraud, and legal or regulatory issues. Security is the priority for any retailer. With Instabill, that’s a thing of the past. We offer fair, transparent pricing for high-risk merchants, starting from 1. 20. High-risk merchant category refers to the industries or types of businesses considered to have a higher level of risk by financial institutions, payment processors, and acquiring banks. A high-risk merchant account is a business account or merchant account that allows the business to accept online payments though they are considered to be of high risk nature by the banks and credit card processors. Every transaction is encrypted and easily monitored, whether your customers are making a trade among themselves or making a purchase. We help companies who need to acquire an online gaming merchant account and run a sustainable business. A high-risk merchant account is a type of account designed for businesses that have a higher risk of fraud or chargebacks than other businesses. Installing a firewall, encrypting card data, using anti-virus software, monitoring networks, and other requirements will be part of this. Stax: Best for avoiding transaction fees. If your application is accepted, there will be set up or activation fees involved. Step 1: Call or Email us and speak with one of out experienced Merchant Advisors. 10 Financial institutions in relationships with payment processors should establish clear lines of responsibility for controlling the associated risks. The Pros. High-integrity Risk Financial Trading Platforms (card-absent) MCC 5966. With the strengths in placing high-risk businesses, this PaymentCloud brought the high-risk merchants a lot of benefits such as a network of third-party processors. [noun]/hī • risk • biz • nəs/. Cybersource, 2021 Global Fraud Report. Moreover, PaySpacelv has highly effective technical service. While the codes of 7994 and 7999 are considered medium risk, 7995 is. Payment industry professionals that represented organizations such as, the US Food and Drug Administration (FDA), National Association of Boards of. In casino games, the fast pace of play and the potential for big wins can be thrilling, but they can also be addictive. 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. Meanwhile, eCommerce merchants may encounter termination until they verify their identity and address. The global gambling market is worth billions of dollars, and with the rise of online gambling, the industry has become even more vulnerable to. This is a mistake. The gambling and gaming sectors are classified as high-risk industries. Created and managed by Mastercard, the Member Alert to Control High-Risk Merchants (MATCH) list is an electronic database of high-risk merchants to avoid. The agent management system allows multi-level structures of agents and can be tweaked according to the operators’ needs: Multi-level structure of sub-agents. Durango: Best for International Businesses. Who We Are. See full list on nationalmerchants. With the strengths in placing high-risk businesses, this PaymentCloud brought the high-risk merchants a lot of benefits such as a network of third-party processors. Factors which increase an account’s risk. Financial institutions and payment processors use. For them, monitoring isn’t an option but a legal obligation. com — Best for any high-risk business, with a 99% approval rate, no credit score requirements, 24-hour approval, and chargeback prevention. An online high risk merchant account will help you to accept alternative payment methods, such as prepaid debit cards, e-check for high risk businesses, ACH, and crypto payments, which are not accepted by standard merchant account prpcessors. Authorize. An online gambling merchant account is specifically used for vendors that operate in the high-risk industry of gambling. The latter is especially crucial, as data from Chargebacks911 states a single chargeback will cost merchants $190. Posted on September 15, 2017 May 12, 2023 by merchants. Best for online CBD and high approval rate: eMerchantBroker. At SeamlessChex, we provide solutions that help your business get back on track. This pricing is very good in the high-risk. Shakespeare was always using the word risk in his plays – true or false. Most merchant account suppliers are willing to listen and support business owners who learn from their mistakes. 6. Payment Gateways: Secure Solutions for Your Business. One of these raw datasets is a transaction log file representing customer payment transaction data across a variety of gambling merchants (e. As online gambling merchants are often categorized as “high risk” by default, a chargeback problem can quickly limit their options for affordably and reliably accepting credit card payments. The Gun & Ammunition Stores industry is booming, boasting an impressive USD 20. Hence, its functioning is a little bit different from the usual low-risk merchant accounts. Signature Payments provides merchant accounts for a broad range of casino and gambling businesses. Top Quality Gambling Credit Transfer Solutions for winning amount transfer. Additionally, it is prohibited to use Stripe's products and services to directly or indirectly export, reexport, sell, or supply accounting, trust and corporate formation, management consulting services, architecture services or engineering services to any person located in Russia. One key area where they differ is their willingness to accept risk. It is a crucial element to both plots throughout the play since. Why being labelled “high-risk” can have an impact on your payment processing. Demystifying business risk management. For instance, PayPal and Stripe enjoy a great reputation when it comes to payment processing for ecommerce businesses. Transparent oversight. Security Payment In any business, the risk is unavoidable. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. High-Risk Merchants vs Low-Risk Merchants. Finding the right merchant account can be a challenge for online gambling companies. Definitions and Interpretation 1. G2 analysts have seen a recent increase in illegal gambling sites laundering their transactions through gadget sites—usually a simple site selling a few select items, often consumer electronics, power tools, or sporting goods. Warning signs of fraudulent sites. Self-exclusion fraud: offering players the opportunity to mark themselves as problem gamblers is a legal requirement. Online casinos, poker and betting machines are considered particularly risky and complex by credit card processors and as. A mobile merchant account is a type of payment processing account that allows businesses to accept payments from customers using their mobile devices. Similarly, businesses in the high risk industries should look for merchant accounts that have a flawless reputation. According to Newzoo research, the online gambling industry will keep increasing by 8% annually. Gambling marketing influences gambling perceptions and interpretations of gambling and minimizes the risks. Games of chance and games of skill - Includes any activity with an entry fee and a prize, regardless of whether the outcome is determined by chance or. They look at many factors, including the ticket size of a typical sales transaction. net is a payment gateway company that provides payment processing options for businesses, especially small and independently-owned businesses. In response, researchers and operators have worked with big data to develop risk-identification models to identify indicators of problem. 30, 2011, 22:45), FDICHOGR00002079. Ongoing support & risk management every day through Whatsapp, Telegram & Skype. Bogus “gadget” websites are putting merchant acquirers at risk for card network fines and assessments. Get expert assistance from LicensingAid. io's Merchant Application Management Software as a Service (SaaS) to optimize and simplify your business operations. Merchant account services. We help companies who need to acquire an online gaming merchant account and run a sustainable business. Discover the power of Riskdefy. Managing High-Risk Merchants. MCC. Online gambling. Instabill. Gambling enforcement activities are essential to maintaining the integrity of gambling in B. 2%. , online casinos, sportsbooks, and lottery providers). They have had to use either direct providers, horizontal industry gateways that have been open to serving high-risk merchants and high-risk specific gateways (e. Merchants labeled high-risk often operate in industries prone to regulatory changes, high chargeback ratios, or increased fraud risk. The clue is in the title – risk management. They accept 160 major currencies and most major credit cards. Paydoo: It supports merchants in cryptocurrency, travel and hospitality, forex, binary, gaming, ecommerce, and most other high-risk ventures. ” Contact us today at (615) 476-0255 to sign up for a high-risk-merchant account. In the end, consumers in the United States would be better protected than they are now. . Less than $20,000 in monthly sales. High Risk Merchant Account LLC 915 Folly Road, Suite 49, Charleston SC 29412. They then monitor those businesses via a four-digit Merchant Category Code (MCC). (EMB), specialized in. If you're a financial institution, the following types of merchants are considered high-risk: Credit cards. Those serious about acquiring gambling merchants need to take it seriously. Navigating Compliance Challenges. . Understanding High-Risk Merchants. However, that’s easier said than done. 000 euros. These types of accounts typically offer higher. This recognition has led to demands for public health strategies at the local, national, and international levels. Besides equipping your gambling merchant account with chargeback prevention tools, think of embracing chargeback monitoring and alerts. These merchants will open up merchant accounts under false pretenses, claiming to be engaged in low-risk sales activities, only to switch to their. Four individuals have been charged in the District of Massachusetts with conspiring to deceive banks and credit card companies into processing more than $150 million in credit and debit card payments on behalf of merchants involved in prohibited and high-risk businesses, including online gambling, debt collection, debt reduction,. The risk factor involved in gambling merchant accounts is high, as a lot of money is at risk in this business. If your business fits into any of these categories, you’re primed to start working with Dharma. An online gambling merchant account isn’t easy to come by. Credit card companies (VISA, Mastercard, etc. Ongoing monitoring is a win-win-win. Higher-risk businesses include industries like adult entertainment, online gambling, nutraceuticals, firearms, and several others. Since gambling is an international business, it is vital for merchants to be able to accept payments in the local currencies using local payment methods not to lose clientele. We accept 98% of all merchants, ranging from big to small businesses. Merchants may be rejected based on the nature of bookings. 5122 – Drugs, Drug Proprietaries, and Druggist. However, a significant proportion (26,219 in 2019/20) centre on consumers’ concerns that they’ve been lent money that they. Chargeback management: High-risk payment gateways typically have strong chargeback management systems to assist merchants in successfully handling and. With a focus on transforming the payment landscape, the company's innovative approach has propelled it into rapid growth, making it a game-changer in the industry. The industries that possess this account are Adult Industry, Travel, Forex trading business, Multilevel Marketing business. Like almost all high-risk providers, Durango uses a quote-based pricing system and doesn’t disclose fees or rates on its website. 5 steps to managing high-risk gambling merchants. Be more expensive than the high street rates you may have been advised on. This includes a failure to have a customer interaction policy in place until 2015, and no specific provision for VIP or high-value customers in place until 2017. Let’s collaborate, send us your article suggestions, questions, and/or feedback to: [email protected]. , those with both physical and digital storefronts), Moonlight addresses the unique challenges faced by businesses in sectors like. But before we dive into the issue, let’s start from the basics and define the payment gateway. 50% + $0. What is a high-risk merchant account? A high-risk account is a specialized banking solution for businesses operating in industries deemed high-risk due to legal, financial, or regulatory complexities. Average transaction of less than $500. We provide assistance with locating merchant accounts at top European banks. Obtaining a payment gateway is never easy. Gambling and fantasy sports fall under this umbrella. High-Integrity Risk Merchant Tier. If your business sells expensive, high-ticket items, you are most likely in the high-risk category. If your online business serves global customers. 7995 or 7999. Each merchant service provider received a rating based on over 50 data points. 9% fee plus $0. This allows payment processors to take on risk but have a mechanism in place to prevent financial loss. Pick it when on the lookout for a high-risk merchant account. By using the latest data protection technology and fraud prevention mechanisms, such as 3D Secure, address verification and CVV, the right payments provider can help you reduce your risk and. Even US based businesses operating internationally. Your payment service providers will impose a fee when you use your merchant account, accept credit card payments, or agree to pay from your debit cards. When a skill gaming merchant is tied to this code, it results in tighter geographical restrictions, lower conversion rates, and higher payment processing fees for Visa, Mastercard, and other leading credit card companies. 3. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. Solutions For High Risk Gambling Merchants. 5% from 2020 to 2027. It’s impossible to remove all risks, so it’s a fruitless task. S. 1k) every month, while earning only €2k ($2. There some key differences in how payment processors treat high-risk and low-risk merchants to think about before diving into a potentially high-risk industry – Higher payment processing fees: The payment processing company charges a processing fee for each transaction over and above the interchange. It lets you take payments in a variety of international currencies. The purpose of this paper is to examine crisis management practices among gambling-related hospitality business stakeholders (GBSs) during the coronavirus disease 2019 (COVID-19) pandemic. Many big-name processors, like Paypal, Stripe, Venmo and Square, do not offer their services to high-risk merchants. This report is based on a survey of MRC and non-MRC merchants from around the globe, who were asked about their eCommerce fraud. Every industry has its own market leaders when it comes to merchant accounts. Chargeback fraud: iGaming sites often act as e-wallets, where players can deposit funds using credit cards. A high-risk merchant is one considered by card networks and their designates (payment gateways, Payment Service Providers ( PSPs) and so forth) to be less safe than their normal clientele. Psychological Risk: In addition to financial risk, online gaming also comes with a certain level of psychological risk. Trends fueling growth include digitization, rising merchant adoption, increasing repeat usage among younger consumers, and an expanding set of players targeting lending at point of sale, a. Credit card companies (VISA, Mastercard, etc. Compared to other business types the gaming business presents a higher risk to the underwriter and that is why this merchant business is called high risk by banks and merchant account providers. A subsidiary of Visa, Authorize. National Processing. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. Banks have outsourced the high-cost customer and merchant acquisition to payment service providers and facilitators, who do not have the same degree of risk management and monitoring capabilities d. A high-risk merchant account is often necessary for companies dealing in industries that carry a high potential for fraud and charge backs. With the latest technology, speedy transactions, simpler refunds to players, we can program any relatable comfort for your gambling business. For example, gambling merchants can choose from multiple codes: 7801—Government-Licensed Casinos (Online or Internet Gambling) 7995—Gambling Transactions Betting (Sportsbook, fantasy, social gaming; when regulated and not covered by other MCCs) (D) or. That includes completing ALL your accounts in full, filing them correctly – on time – then making all of that accessible to the Acquirer/Processor. HighRiskPay. A #gambling_merchant_account is a type of account that caters specifically to businesses operating within the online gambling industry. A high-risk industry is defined by its likelihood to introduce more operational, regulatory, and reputational risk exposure. Segpay works with high-risk merchants to. Most of the eCommerce websites have a merchant account to take care of the payments which are processed through. Get a. Moonlight Payments stands out as a dedicated payment processing provider for high-risk merchants and specialized industries. With high risk merchant accounts, the bank may use risk management strategies like a rolling reserve, to protect the bank and the merchant from potential losses. High Risk Merchant Accounts are usually considered high risk due to the business or industry type or being located outside of the 50 United States. Average card transaction is below $500. Especially with online gambling, several little transactions are produced, and the corresponding banks frequently charge a significantly larger percentage fee. net. Why gambling is considered high-risk business. Bogus “gadget” websites are putting merchant acquirers at risk for card network fines and assessments. High-risk industries, such as Crytpo, online gambling, and nutraceuticals, forex, often face stricter scrutiny from payment processors, leading to a higher likelihood of merchant account suspension. The criteria used to classify merchants are usually the industry type and the history of disputes and chargebacks. R. You might get a rate of about 0. The hardest part for online casinos is obtaining online gambling merchant accounts for credit card processing. Health and wellness products. Secondly, you have to set up in-app payments. How High-Risk Merchants Can Navigate the Compliance Maze. Application. How many years after Shakespeare’s death does the word risk appear in the Oxford English dictionary. Our goal is to turn a cumbersome and complex process into one that’s speedy, simple, and hands-free for merchants. Point-of-sale (POS) financing services in the United States have grown significantly over the past 24 months, especially since the onset of COVID-19. Another crucial thing to consider is that not all financial institutions work with offline and online businesses specializing in casinos, betting, gambling, etc. These accounts come with tailored risk management and rigorous underwriting processes to mitigate the elevated risks associated with such businesses. High Risk Merchant Account – Get Approved in Under 24 Hours. High Risk Pay offers high-risk merchant accounts and payment gateway solutions to businesses from all verticals. Why is my business considered high-risk? 8. With a high average sale amount, the more “risk” there is to the processor in the event of charge backs. advocate and industry-leading provider of managed-risk merchant A business that accepts credit cards for goods or services. 2. ,An online survey was administered to a sample of GBSs resulting in 64 completed surveys. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. It also allows accepting wires, E-wallet payments, crypto, debit cards, and international (local) payment methods of merchant's choice. The first is because it brings together elements of risk inherent in gambling, but also in excessive social media use. Some customers might join your gaming service or website for a bit and then leave. S. By now, you probably know your business is classified as high-risk. Risk management in gambling can prevent unbudgeted expenses and the loss of reputation, fight against cyber-attacks and money laundering. Casinos and gambling providers who have a loyalty program or CMS tracking gambling. For our top picks, explore Expert Market’s guide to the best high risk merchant accounts in 2023. Security Payment In any business, the risk is unavoidable. The company guarantees the lowest rates and prides itself on. By offering alternative payment options, casinos can cater to the diverse preferences of their players and provide a seamless deposit and withdrawal experience. Supported integrations . There will always be some level. The overall gambling industry is predicted to balloon to $525 billion in revenues by 2023. Why is my business. Search for a provider with extensive experience serving the online gambling industry. e-merchants and payment facilitators which provide a good degree of anonymity c. We extend credit card processing and online payment services to Nashville businesses categorized as “high-risk merchants. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. A framework for prudently managing relationships with third-party payment processors was communicated in the FDIC’s 2008 Guidance on Payment Processor Relationships. The risk is raised on gambling, gaming and fantasy sports businesses because the merchant account provider takes on the potential risk of paying any refunds, fees, or fines merchants are unable to pay due to going bankrupt or getting forced into closing. Credit card processors E-commerce High Risk Business High Risk Business Merchant High Risk Merchants Merchant Account Merchant Services. Settlement may be weekly. Tier 1. , online gambling provider) (iBus Media Limited, 2011). Internet businesses with offshore. It acts as legal permission to accept credit card payments online. PayPal prohibits the following activities, even where the specific activity is lawful and/or isn’t legally defined as gambling, unless the transactions are associated with an approved merchant. Starting on October 17, 2020, Visa is expanding the categories of merchants they're identifying as High-Brand Risk (HBR). Mastercard Rules. This means they must apply for a high-risk merchant account. You need to have a way of accepting credit card payments in real-time from your customers all over the world. Understanding High-Risk Merchants. We also look at. Dharma’s monthly fee is $20 per month. Businesses operating in financially risky industries, such as the gambling, adult entertainment, cannabis, and international shipping industries, may be prone to high chargeback rates and labeled as high-risk businesses by card processors and financial. Whether you're struggling to accept payments on your adult ,sex shop, casino, tobacco, SaaS, membership, dropshipping ecommerce,IT tech support,crypto exchange, p2p crypto trading,gambling, forex, or trading website, or you've been banned by Paypal,Stripe,Shopify Payments or other providers due to high sales volumes or high. Gambling Slots Merchant Solution for Seamless Gambling Business The global online gambling industry is expected to be worth a whopping $1 trillion by 2021. Closing Notes. Gaming Transactions you must use a fraud and risk management product or service acceptable. Dharma’s processing rate for high-risk businesses is interchange rate + 1. online gambling include the design and use of different risk-management strategies tailored to the different classes of risk that are associated with Internet gambling. Venmo is a great cash-swapping app, and you could even ask customers to use Venmo for payments. eMerchant Authority is the leader in payment processing for high-risk merchants. 5122 – Drugs, Drug Proprietaries, and Druggist. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Risk management in sports betting involves the creation and implementation of processes and contingency plans that ensure the stability and profitability of sports betting operations. Often considered high risk due to market perception and chargeback rates, it is important to work with the right merchant services provider. Conversely, low-risk merchant accounts. This symbol indicates that your products or services offering is restricted. As discussed in the previous section of this guide, using a third-party payment processor instead of an aggregator offers a range of benefits, including cheaper high-risk. Those serious about acquiring gambling merchants need to take it seriously. As a result, merchants can skyrocket their sales. This will allow you to continue doing business even in high-risk markets. It will typically allow payments to be made via credit and debit card. Chargeback fraud: iGaming sites often act as e-wallets, where players can deposit funds using credit cards. ; 1 The Merchant of Venice is one of Shakespeare’s plays in which gambling features most prominently. PayKings | 1,049 followers on LinkedIn. By addressing the unique challenges faced by high-risk merchants, Cricpayz has become a trusted partner, enabling businesses to transact securely and efficiently. When you begin your payment processing with us,. Particular features that make this form of speculation unique include its 24-hour availability, long-form nature, the extreme volatility of outcomes, and the strong influence of sentiment and social influence. Opt for a high-risk merchant account that deploys robust fraud detection and prevention mechanisms, including real-time monitoring, identity verification, and effective chargeback management to reduce your own risk. eMerchant Authority’s Online Gaming Merchant Options. SCCG Management, a recognized leader with over 30+ years of expertise in the gambling industry, has announced a strategic partnership with Signature Payments. net payment gateway. High-risk merchant accounts attract more stringent conditionalities than regular merchant accounts and are more expensive to manage. List of High-Risk MCC Codes. Conversely, low-risk merchant accounts. Description. ) are the entities that determine whether or not a merchant is high-risk.