iPayTotal focuses primarily on both on the internet merchant services and online gaming payment gateways while offering the most effective gaming processing account in the marketplace. iPayTotal’s team of experts in online gambling payment processors cooperate with providers to be sure you can acquire the perfect for your business needs.Via dedicated gaming acquiring partners, we offer you everything you should accept gaming card payments and shell out winnings easily and securely. Our feature rich dedicated gaming solutions are fully flexible and also have been made to deliver value and growth for your business.

Credit card merchant account is really a contract between a business plus a bank or a standard bank. This contract helps to ensure that the bank accepts payments for that products or services for the company. These Merchant acquiring banks means that a merchant or company can accept payment from international customers for the services or products they deliver. Thus merchant accounts form a vital part of any E-commerce business.

There are 2 varieties of a merchant account. First could be the normal account, the location where the merchant can directly get the card and make certain that it is a legitimate customer, thereby the danger involved is minimal. The 2nd kind of merchant account necessitates the accounts where it’s not at all simple to visually testify the buyer. These kind of accounts include porn merchants, online tobacco merchants, replica merchants, gambling online merchants, pre-paid calling merchants, VOIP merchants, multilevel marketing merchants, or any transaction that can take place together with the customer physically not present. Thereby, the possibility of fraud activity is much greater using this kind of business which results in classifying most of these accounts as “high risk” ones. Naturally, higher than normal risk merchant credit card accounts present the potential risk of the dreaded charge backs to the banks in question. It has been proved by various researches these risky processing transactions will be more prone to fraudulent transactions.

These 4 elements considerably reduce the quantity of banks prepared to occupy elevated risk processing accounts. These adversely impact the applying company in setting up payment processing accounts. They often stumbled upon a situation where the banks generally decline their application, or impose high restrictions about the account transactions which virtually causes it to be impossible to conduct normal business. Even when a merchant has generated a repayment processing account with a bank, the guy can don’t be sure the relationship together with the bank is secure. The lending company might revise their underwriting criteria anytime, and suddenly merchants are facing a scenario in which the payment processes adversely affect their business.

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