May 2022 – Payment Gateway Provider

Some Relatable Information On Merchant Account For An Online Casino And Gambling Industry?

Merchant accounts are vital for high-risk businesses like high-risk online casinos. It is not simple to work with businesses from high-risk industries. It is the reason that getting a merchant account has its own aspects. Also, the merchant account providers need some idol to approve a business it’s first or another merchant account.

Normally, business owners find it very difficult to get their merchant account, especially the start-ups that are always in a fix. Yes, the process can be tricky sometimes because high-risk industries are always in direct notice of the legal institutions. Any slightest known and unknown mistake can turn things upside down. If you have an online casino and the merchant account is still the reason for your anxiety for any reason, here is an insight into its varied aspects.

Merchant accounts for online casinos are in BIG demand

According to research, the online gambling market will flourish in value above 92.9 billion U.S dollars by 2023.

You should accept that the above fact cannot exist without the presence of merchant account providers. To grow to a big number of $92.9 billion, the casinos need to have merchant accounts. The business owners have no other place to receive money from their players and grow this big. It is the reason that every year, the demand for merchant accounts is increasing.

The pandemic chaos of the past few years has a considerable role in the shift of casinos from offline to online. Considering the uncertainties of the future, the casino owners have a clear mind about their casino expansion through online presence. Yes, for offline businesses also, the merchant account is a necessary thing but for the online versions, it is much more important.

What features are required in an online casino merchant account for successful business operations?

A merchant account is provided by an acquiring bank which can be situated offshore. For many reasons, online casinos look for several features in their merchant account. The gambling industry is already getting bigger and it needs support pillars to grow in the right direction. It is the reason that merchants account for online casinos and the gambling industry needs to have all the necessary features.

Merchant accounts should be backed-up with safety tools and artificial intelligence

Today online casinos need multi-layers security due to issues of security breaches. They are also using artificial intelligence to keep their customer’s money secured. They have to manage big data gathered on casino play cards.

The casinos today use AI for predictive analysis, which means these businesses are more armed now. The merchant account providers should have smarter safety and artificial intelligence tools to offer best solutions to the merchants.

The relationship between the merchant account providers and casino merchants is mutual. Both are connected for commercial reasons and to earn big. The online casinos have tools to spot their valuable players who invest big. It is why they need their merchant account providers to give the best services for their casino players.

Transactions and money withdrawal should be super speedy

When players play, they do not want to wait even for a minute. Imagine a player who suddenly realizes that his wallet is empty, he will definitely want to add money to it in a few seconds. In that case, he needs to make a payment and it is the responsibility of an acquirer to make it happen.

Similarly, the casino owners give a lot of profit to the players because in exchange they want to earn a bigger profit. When they get their profit share and want to withdraw money, it takes some time because the merchants want that this duration should not turn into a delay.

Whether it is a player who wants to add money while playing or a merchant who wants to withdraw his profit, timeliness is important. Also, the players always reward money at a desirable time, and for that, transactions need to be speedy. The money goes through a long channel that also includes the payment gateway. With the contribution of the merchant account and payment gateway, the money should reach to the destination at the right time.

Immediate troubleshooting of technical issues during transactions

Yes, it is very important because even a few minutes of delay in transactions can cost a casino to lose some of its previous players. Professionally as well as morally, it is the responsibility of an acquirer to provide due support to the merchants. The around-the-clock support team should always be ready to provide the required support.

Simpler and smoother transactions happen not only through technology but also through timely human support by a dedicated team. Yes, all the acquiring banks do commit to providing 24×7 support but important to implement the commitment. The bulk number of transactions that happen in an online casino is always fragile against chargebacks and financial frauds. For fraud, the safety tools can always help but to prevent chargebacks, you as a merchant need a good team from the side of the acquirer.

If some blockage happens during a transaction, immediate trouble-shooting should happen. Players are not going to keep calm because they have many other options when it comes to online casinos. You need to leave a good impression on the new as well as the established customers of the casino. As a high-risk business owner, you need to find the merchant account acquirer with the best customer care service. EskayPay, a merchant account provider and a payment gateway company can help you here. It has a vast network with multiple options for offshore merchant accounts for online casinos. Connect to it over the call or visit now and find your best merchant account solution.

Conclusion

A merchant account for an online casino is the most important part of the gambling business. With several features, an acquiring bank can make the merchants feel secure. Are you also uncertain about your merchant account requirement or selection or experience? Don’t worry, it is not rocket science and it can be solved in a short time if you know about it correctly. The above information should help you make the right turn.

List of Best Payment Gateway Providers in the UK with detailed features

The United Kingdom has proven an extensive and flourishing nest for big and small businesses. From low risk to medium and high-risk industries have been growing here for centuries. Technology has become more innovative with time, and businesses have become more robust. The trend of taking cash payments from customers is outdated now.

Desperate demand for Good payment service providers in the UK

Payment gateways are the most reliable platforms for merchants to receive money from their customers. With a thorough increase in the safety concern of transactions, the merchants desperately look for payment gateway providers with the best security tools.

The payments happen due to a particular system that is incomplete without payment gateways. Due to this reason, the merchants always look for the best payment gateway for UK merchants in varied industries. Fortunately, the UK enjoys the presence of many good payment service provider companies that provide the best gateway facilities for commercial transactions.

Choose the Best Online Payment Provider in the UK for your business

Below is a collection of the most popular and well-performing payment providers already serving many renowned businesses in the United Kingdom.

Worldpay – Known for its transparency

This is the first name on the list of the best Payment Gateway Provider in the UK. With a versatile profile of multiple merchants from varied industries that this company has served, it can be a reliable choice for you. It processes a significant share of payments happening in the UK currently. You can say it is processing around half of the transactions in the nation.

It has flexible payment solutions for small businesses. Another aspect where Worldpay applies flexibility is its price plans. Besides, it accepts all major cards for payment and commits ultra-secure payments. Security is always a big concern for any business, and this payment gateway fulfills this requirement very quickly. 24×7 customer support, fraud prevention, and speedy transactions are some of the immediate commitments to every merchant.

EskayPay – A payment gateway in the UK with all solutions

If you are looking for an intelligent payment gateway service enhanced with the latest safety tools of artificial intelligence, then EskayPay is the best choice. The company specializes in high-risk payment solutions and is compliant with PCI-DSS parameters. It has a strong presence in the UK market. It provides a simple, user-friendly set-up and robust fraud protection.

This intuitive payment gateway has no hidden fee. It provides customers with quick checkout gateway solutions and has good integrations. The company is a trusted brand and works for merchants with a higher chargeback ratio because its chargeback management strategy is superb and practical. You can indeed consider its name because this payment gateway is known to provide satisfaction. If you as a merchant want to experience speedy transactions with uncompromised security in multiple currencies, then Eskaypay payment gateway solutions are your destination.

Merchants enjoy detailed reporting and multiple payment options with fast processing speed. If you are a business owner, you know how important are these features. Get support for international payments and give your customers the comfort of mobile-friendly payments. Businesses from industries like e-commerce, IPTV, adult entertainment, online gaming, and casinos are specifically interested in working with Eskaypay. Easily allow recurring payments without any harm to your customer data. Most importantly, the payment gateway is known for its success rate.

Amazon Pay – The list of best UK payment gateways has a newcomer

As a new but growing payment gateway, Amazon pay is already known due to the brand name it is associated with. Yes, the Amazon empire has many branches with a particular and noticeable existence in the e-commerce sector. This new initiative of the big brand does not come with any set-up fee or any monthly charge. This payment gateway is like a special appearance with a reasonable transaction fee, especially for small businesses.

It provides eCommerce tools and has a well-performing fraud detection system. Use free plugins to customize the payment solutions for your business. You can efficiently process transactions on your business website. Get a recurring payment facility and let your customers enjoy a convenient payment experience through a more straightforward platform. With this payment gateway, your small business can become grow faster. The gateway company is working progressively to enhance the infrastructure for big companies.

Nochex – A gateway with a unique feature

Nochex is considered an alternative to popular Payment Gateway like PayPal and Stripe. However, it is different from its counterparts. The reason is that a merchant’s customers do not need to make an account on Nochex to pay through this account. However, at the same time, the payment gateway has a significant limitation: it does not provide a facility to take payments in person. You do not get any card machines to install at your store or shop.

Despite some limitations, it is fair to consider Nochex because of the comfort of not making an account on the gateway. Usually, customers like such payment options because they can avoid unnecessary time wastage in creating an account on a new payment gateway. Many merchants also add Nochex to their websites to add versatility in the payment options for their buyers. Believe it or not, even if a merchant does not think much about Nochex, it will surely be a better choice for his customers. The reason is apparent; buyers always pay faster with less hassle, and this company has no condition for creating an account.

Opayo – The best payment gateway for a small business in the UK

Opayo makes space in every suggestion you get on the best payment gateway options for a small business in the UK. With this option, you can collect payments in 25 currencies; firms with a low volume of transactions prefer this gateway as one of the promising options. It can be customized entirely or partially. The customer service is available 24×7 for immediate troubleshooting in case of any technical issues in transactions.

It provides eInvoices and phone payments and has strong fraud prevention features. With detailed reporting, you can get into the nook and cranny of the transactions. Also, its analytics features are enhanced with artificial intelligence. It helps the merchants make timely decisions about business and take the company in the right direction. For the best experience with this payment gateway, you need to indulge in a real conversation. The experts are always available over the call, or you can visit their office to clarify your demands and circumstances better.

Adyen – It works with all big and small names

Yes, this payment gateway is used by many global businesses and commercial entities such as Linkedin, Uber, and Microsoft. However, it is also friendly to companies of medium and small sizes. It accepts payments in 150 currencies, which means if you own a company with expansion plans, Adyen is a reliable choice. It also gives you detailed customer data that helps you understand customer behavior and take action for product or service improvement.

However, some people say that the pricing structure of the payment gateway is a bit confusing. The processing fee applies differently according to the mode of payment. All payment services are available with the company. It can be your choice with superb security features if you are looking for payment gateway providers in the UK for your business. It also has shopping cart functionality with payment gateway features.

Cardstream – Known for its customization features

Transparent pricing and customization features make this payment gateway a good payment gateway option for merchants. It has a short contract which is another point of comfort for you if you own a business and have a lot of work. As mentioned by some of its merchant clients, the customer support is excellent. However, the final decision should still depend on your discretion and research. Go and look at the reviews clients leave for the payment gateway.

This payment solution provider is a reliable choice to suggest you something, especially for new businesses. The versatile features of customization are always needed in newly born commercial entities. Such companies always look for flexibility in every sector. Also, the established businesses with plans to spread to new locations and markets in a short time can undoubtedly consider Cardstream. You can immediately change your payment solution plans with the flexibility and customization this gateway provides. Data security is uncompromised, and customer experiences a smooth payment experience. Also, the company is inclined toward artificial intelligence, which means the merchant clients can keep enjoying newly added features with technology advancements.

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Conclusion

The above collection of payment gateway options in the UK is only the best ones. Whatever your business is and your need for daily transactions, high volume or low volume, you can pick an option here. The simplicity of these payment gateways on the part of user-friendliness makes every payment gateway option worthy of your consideration. Take time, research, and understand which payment gateway best suits your commercial needs. However, it is always good to provide your customers with more than one payment gateway. The above alternatives should be sufficient for all your payment solution needs, irrespective of your industry.

Best Features of an E-Commerce Payment Gateway In Georgia

E-commerce payment gateways in Georgia offer uncompromised services to merchants. But the point is how to spot them because even in the same industry, the merchants may have different requirements. Some may have the desire to ensure transaction security while some may also want to work on high chargeback issues. It all depends on individual challenges of an e-commerce business.

The point is, that it can be difficult to find the one that is best for your e-commerce business requirements. If you know the basic features of a good E-commerce payment gateway in Georgia, you can easily find one of your choices. Here are the features that should always be present in an e-commerce payment gateway company in Georgia. Take time to do research and understand your business requirements. A big decision may take time however, the points below will help you take a faster decision.

Superbly Designed Chargeback Management Strategy

As e-commerce businesses are high-risk businesses, they usually deal with chargeback issues. We all know that e-commerce websites get frequent demands of chargebacks. A good e-commerce payment gateway always has a smart chargeback management strategy.

Also, it is important to know that despite the same industry, varied merchants may have varied requirements to fight the chargeback. An e-commerce business owner may have concern over the high ratio of chargeback while another business owner may need a solution for friendly frauds. Also, geographical differences can create varied concerns. For example – few places in the world are notorious for financial fraud and hackers rule there. These are the locations where either an e-commerce owner will not do business or will have to follow many precautions. In such circumstances, the payment gateway company working for the business can help to create a safer transaction system.

Compliance with Payment Card Industry Standards

Popularly known as PCI-DSS compliance, it is a standard that all reliable and established payment gateways follow. This standard is a set of rules that ensure the safety of credit card transactions. We all know that credit card transactions occupy the major portion of e-commerce shopping. Merchants always need a stronger system and surety of safer transactions of the customers.

The PCI-DSS compliant payment gateways are simpler to find because they always mention it on their websites. Eskaypay is an E-commerce payment gateway in Georgia that fulfills all the parameters on this part. It has numerous e-commerce clients satisfied with its payment gateway services. The gateway company has practical knowledge of the Georgian laws and regulations because it has an experience of years. Such payment processing companies are easy to spot in Georgia. If you are an e-commerce merchant, you can always find many reasons to take the services of Eskaypay.

A good E-commerce Payment Gateway in Georgia Ensures Speedy Transactions

Speed in transactions is the secret to success for an e-commerce business. Just imagine, you as a shopper want to buy t-shirts for an upcoming event. But when you initiate a transaction and if it takes a lot of time, how long will you stay on that e-commerce website? Not for very long. Either you will try later or if such a delay happens repeatedly, you will ultimately leave visiting that e-commerce site.

Payment gateways should always be able to commit a good speed to their merchant clients. E-commerce businesses need a speedy transfer of money. Whether a customer makes a payment or whether a merchant refunds the funds, timely completion of money transfer is vital. Your search should end one a gateway company that can commit to ensuring timely money transfers.

An E-commerce Payment Gateway in Georgia with convenient currency conversion is a perfect choice

E-commerce users shop across the world and that is why a merchant receives payments in all currencies. But the merchant cannot use all currencies in his country. In such a situation, he needs to convert the money into his native currency. That also happens through the payment gateways. Before you select a gateway company, confirm everything on this aspect.

Faster conversion is necessary for every merchant, especially for high-risk business owners. The expenses for such businesses are many and normally hefty. Whether it is about export charges applicable in international shipping or basic operational costs, businesses need a frequent flow of money. It is the reason that a payment gateway should have a smarter system to ensure timely currency conversion.

Conclusion

If you find all the above features in a payment gateway, just pick it up without any second thought. However, your research is always required to be sure about your decisions. But to be very rational, the payment gateway companies with the above-mentioned traits always deliver satisfaction to their people. Affordable transaction costs and speedy transactions with security are important aspects that you should pay attention to. Always choose the payment gateway that simplifies things for you at an affordable cost.

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