247ccNow is specialized for high risk merchant accounts including online gambling and gaming businesses. Online gambling is a special category not accepted by many banks due to high risk of fraud and historical chargebacks issues. Our main focus are licensed EU/UK based merchants, but we can also serve international businesses through worldwide acquiring network of banks accepting online gambling.
We can serve gambling merchants such as:
Gambling license requirements
If placing on our primary acquiring banks in western EU countries, a merchant must be en EU based entity with an EU issued gaming/gambling license. Accepted license countries include also Gibraltar, Malta, Alderney, Isle of Man, Curacao. These merchant accounts are 7995 MCC coded, automatically restricting transactions from countries which prohibit online gaming (such USA, Norway, Turkey).
Alternative payment options
In online gambling industry we are observing a rise of alternative payment methods such as Paysafecard. Luckily 247ccNow is specialized in providing solutions to gaming and various kinds of high risk merchants, offering 30+ alternative payment options through a single platform. Apply today and start accepting Paysafecard and other payment methods, beside Visa/Mastercard.