Search for a provider with extensive experience serving the online gambling industry. Stripe. Pay Attention to Firewall Management . Merchants are labeled high risk for certain reasons: A merchant might have imperfect or flawed credit history. 4. January 14, 2022. Here’s a list of those codes and what they mean: 01: Account Data Compromise. When you begin your payment processing with us,. Open navigation. Forex Merchant Accounts opening in Europe! Contact us +972-504938469 [email protected] Licenses Services; About us; Apply for a Licnese; Anjouan Structure; News; Contact Us. means less management required and a lower risk of failure. MerchACT is a specialized high-risk payment processor with proven account experience. GBO has the skills and experience needed from twelve years working with banks all over Europe to help you open business banking accounts thanks to our wide network of friendly banks. Non-compliance. Month-to-month billing and excellent customer support are also preferred. It only takes one high-profile security breach to cost your customers’ loyalty, sink your reputation as. Prior to executing the merchant agreement, the Acquirer submits an inquiry to the MATCH API that includes information on a merchant and the associated principal owner (s) Step 2. A high-risk merchant is a company with which most credit card processors will not do business due to the merchant’s potential. Once a merchant is set up, the payment processing involves the. Sales of money-orders or foreign currency by non-financial. Square. Welcome to my LinkedIn profile! I am a results-driven sales leader with a proven track record of success spanning over a decade. 11 per online transaction w/ discounts for nonprofits & high-volume businesses. Like Square, Stripe doesn’t work with high-risk merchants. 08 and 2. Bonus abuse is a more basic scam closely linked to multiple account fraud. 3. Durango Merchant Services. Offers a variety of services, including online wallet, prepaid cards, and direct payment processing. Likewise, your first payout, regardless of your risk level, usually. EPIC raises awareness of gambling-related harm in order to identify and. MCC Code. 2. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting. It offers different features and tools for managing an account. 7. Here are just a few excellent high-risk merchant account providers to help you start your search off right: Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. The following High-Risk Merchant Category Code list describes many of the high-risk MCCs that require credit card association high-risk registration and also includes several other business categories, for which merchant accounts are also commonly difficult to establish. Search. Set up payment options to receive payments from players and to pay out winnings. The guide contains risk management information aimed to assist those new to the payment system as well as seasoned organizations. Below is an inexhaustive list of each high-risk industry and its correlating merchant category code: High-Risk Industry (A-F) MCC. Based in Portsmouth, New Hampshire, Instabill has been covering the high-risk merchant space since 2001. This account regulates all business economic activities. Enhanced Security and Fraud Protection. It’s impossible to remove all risks, so it’s a fruitless task. It is vital to make sure all other aspects of your business are beyond reproach. Gaming Solutions. As a result, Risk management. High-risk businesses can expect processing rates of 3. Powerful POS System Strategies with Mony Zenou. Annual confirmation Annual confirmation. He is responsible for security design and architecture, standards, vulnerability management and security operations for the end. With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions – domestic and offshore – with competitive rates. This is a mistake. There is also a fee of 0. MCC Codes. This means that starting April 2022, a fully vetted mobile wallet user—one who has fulfilled all. This payment service provider makes high-risk merchant accounts accessible to businesses considered high-risk, like tobacco and e-cigarette sellers, credit repair companies, online liquor stores, and more. The online lottery software providers offer full online lotto white label solutions including online lotto software, analytics, risk, insurance and all the necessary tools that will assist you to focus on marketing your online lottery site and generate revenue. Alert Notifications. Winchester, Virginia, United States. Until merchants start transacting, acquirers and PSPs won’t. That MCC regulates video game establishments and. To ensure successful payment processing, merchants must have a robust fraud prevention system in place, as well as ensure that all applicable laws and regulations are being followed. 5. Internet businesses with offshore. The collapse of Barings Bank in February 1995 was caused by colossal losses incurred by a single rogue trader. The state of Nevada is, effectively, the epicenter of the US commercial. The company has an excellent reputation for honesty, fair rates, and great customer service. This payment service provider makes high-risk merchant accounts accessible to businesses considered high-risk, like tobacco and e-cigarette sellers, credit repair companies, online liquor stores, and more. Telecommunication service including local and long distance calls, credit card calls, calls through use of magneticstrip reading telephones and fax. One of the leading global payment processing providers, offering a comprehensive suite of solutions for the gambling industry, including fraud prevention, multi-currency support, and risk management. 5% - 5%. GBO specializes in helping online gambling and crypto services companies to open bank accounts in Europe – both B2B and C2B. Leading a talented team of product owners to move the „omni-channel“ needle in travel retail. 5% with a fixed fee per transaction of 10¢ to 50¢. One of the pieces of this puzzle involves checking the details known about the merchant against databases with entities the payment provider should avoid. Many embedded payment solutions support multiple currencies and payment methods. 9 Month Maternity Contract. Some merchant banks will be reluctant to open an account for your company as gaming sites are considered high risk. We examine the updated requirements for acquirers and their agents in respect of high-risk merchants. Like almost all high-risk providers, Durango uses a quote-based pricing system and doesn’t disclose fees or rates on its website. June 2023: New eCommerce acquiring. If you’re considering online gaming for your next business venture, you need to understand the industry and its subsets. 428 (98) affirming that Safety Management Systems (SMS) should account for cyber risks. Achieve higher transaction approval rates, lower the risk of fraudulent transactions, increase revenue. Merchant Category Codes (MCCs) are issued by credit card companies to indicate what goods or services a business offers. Flexible payment solutions for Online Gaming industry. The player who plays is also aware of this risk and so is the merchant who is providing a platform. The Curaçao eGaming’s main characteristics are as follows: For all forms of. Over the past few years, the Sports Betting and iGaming industries have seen an increase of player activity and are anticipated to be valued at more than $92. Posted on: 9 Nov, 20:58. Merchant Ivory Productions — is a film production company, established in 1961. Home Industries Gaming Gaming The rise of online gambling and more widespread legalization exposes the gaming industry to broader opportunities — and new risks. You will probably pay at least $25/month to maintain your high-risk merchant. When the competitions are over, notify all the winners about where and when the finals will be held, collect all the fr equently asked questions and rapidly respond to any emails. To meet their needs and make the company formation procedure as seamless as possible, they work directly with clients. 95%. Examples of key areas where implementing a consolidated compliance workflow management system could bring significant benefits are: • Having all of your compliance regulatory requirements - jurisdictions games, issues, third parties, etc – in one place • Enabling stakeholders to. Best High Risk Forex Merchant Accounts. For this reason, effective management of chargebacks & fraud is important for all travel merchants. If you’re considering online gaming for your next business venture, you need to understand the industry and its subsets. Example One:The risk for the merchant acquirer arises where the merchant becomes insolvent between the date of the transaction and the date of the chargeback and is unable to reimburse the merchant acquirer. e. High Brand Risk Merchants / Excessive: 1-6: $50 per dispute: High Brand Risk Merchants / Excessive: 7-12: $50 per dispute & $25,000/mo. Higher sales projections, lower credit scores, and inadequate financial standing may increase credit risk. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. With this license, you’re eligible to open bank accounts. Finding the right payment processor for a Specialty merchant account can be challenging. These recommendations are organized by functional area and include practical step-by-step details to facilitate your e. Expand your global footprint and tap into new markets without compliance worries. Gaming and gambling are often categorized as high risk businesses. PayMystic’s risk management team works with merchants and sponsoring banks to shorten trial periods and raise processing limits based upon good merchant credibility. Considering the increased difficulties for Curacao entities to obtain bank account and/or merchant accounts in Europe, creating a structure which involves the Curacao company (which has the license to operate online gaming) and the payment processing agent (preferably an EU-Cyprus company) creates a powerful and strong. Full legal package: AML framework, Compliance officer and policies, Audits under new regulation, IT audits. Accept Visa & Mastercard payments for online casino, sportsbooks, betting. Like almost all high-risk providers, Durango uses a quote-based pricing system and doesn’t disclose fees or rates on its website. Dharma’s monthly fee is $20 per month. Stripe. Capital International Bank has been designed around the needs of corporate clients and we have a strong. 1% for low-risk transactions. 75 Chapter 10: Account Data Protection Standards and Programs. Home users often use firewalls to help protect their computers. Our PCI compliance and. ” Several additional factors go into determining whether a business is a high risk, including the business’s industry, its history of chargebacks, and its average transaction amounts. 5% - 5%. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. The resolution also stated cyber risks should be included within the SMS no later than the first annual verification of the company’s Document of Compliance after 1 January 2021. Merchants that present a financial risk to the payment processor are assigned a high-risk MCC. We’ve been providing safe and secure, hassle-free credit card processing for merchants of all types and sizes for more than three decades. It will typically allow payments to be made via credit and debit card. According to the recent update from 13. You will need to comply with due diligence; show proof of your capital funds; present a business plan and outline the tools your company. By doing this, you can prevent your account from being deleted suddenly. Visit the merchant’s website and document what type of merchant it is at a granular level to set a. There is also a danger of investing money and also of transacting money. Managing Risks: A New Framework. Maintain impeccable accounts - good or bad. Host Merchant. to visit exciting locations in the metaverse will not stay long if they feel their personal data or their safety is at risk. It has a high level of customization and allows users to pay using many methods. 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. Access 24/7 tech support for online gaming merchant accounts. Higher payment processing fees. Scalability, high speed of operation, and intuitive management make the SOFTSWISS Online Casino Platform an exceptionally reliable. We seek to mobilize our business to address pressing global challenges and deliver high impact initiatives to serve our colleagues, customers, and communities. Segpay works with high-risk. Increase customer acceptance rates, identify problem gamblers and prevent bonus abuse with multi-channel solutions for fraud and risk management, player authentication, payments and automation. Chargebacks911, 2022 Chargebacks Costs. Such businesses are more likely to face financial issues due to unforeseen circumstances. But, when gaming gets associated with gambling, the level of risk increases. The travel industry loses an estimated $25 billion in fraud and chargebacks each year. Level up on payments with ECOMMPAY's online gaming processing solutions. The gaming industry tends to see a high rate of fraud attacks. SMB Global: Best for Ultra High-Risk Merchants. When selecting a high-risk merchant account for your online gambling business, there are several key factors to consider: Industry Expertise. Gaming payment processing refers to the methods and systems used to handle transactions related to online gaming. The travel industry loses an estimated $25 billion in fraud and chargebacks each year. services (often referred to as “ high risk A merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. This solution includes hosted payment pages; one-time, subscription, and one-click billing solutions; risk management; affiliate tools, and end-user customer support. The resolution also stated cyber risks should be included within the SMS no later than the first annual verification of the company’s Document of Compliance after 1 January 2021. Amazon Fulfilled by Merchant ('FBM') Amazon Seller Fulfilled Prime ('SFP'). The complexity of the challenges faced by eGaming and social gaming sites at both the federal and provincial level across Canada is simplified through the use of Gigadat’s banking payment methods. Relying solely on the merchant’s MCC or SIC code can be risky, as a plethora of high-risk services fall under MCC 8999 “Professional Services”, for example. EMB’s competitive rates, flexible funding options, and range of payment processing solutions make partnering with us an easy choice. Supported industries: Adult services, CBD, online dating, vape sales. The buyers of accounts are often people who are new to the game or not as advanced and are looking for an easy way to win. I am driven by the mission of preserving the trust and. 2. Category: Gaming Author: GBO Specialist GBO: Expert Merchant Services for Online Gaming – Open Your European Online Gaming Merchant Account Today! Contact us in WhatsApp below We specialize in merchant services for online gambling businesses, helping you open and manage your online gaming merchant account in Europe’s top banks. Curacao Sub-licenses are to be renewed until the beginning of 2024. Online casino and gaming merchant accounts from Leap Payments are available for companies in the following industries: Digital Games. Luckily, at Humboldt Merchant Services, we’ve got you covered. Here are some of the benefits they can offer your business: Handles approximately 42% of UK card payments. Computrad are the leading. Octro. We’re here to support and guide you through the process of applying for an online gambling licence and help you to establish your business in the Isle of Man. Fraud. Standard credit card processing fees generally range from 1. Each payment processor has specific criteria known as a credit policy, which dictates what types of business industries they are allowed to support. GBO can assist you to find a multi-currency e-commerce provider and proven fraud management mechanism, which enables merchants to conduct secure transactions with customers all over the world. PayMystic’s risk management team works with merchants and sponsoring banks to shorten trial periods and raise processing limits based upon good merchant credibility. Security, Fraud Prevention and Risk Management Framework. Clover uses a flat-rate pricing structure. 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. With Instabill, that’s a thing of the past. To meet their needs and make the company formation procedure as seamless as possible, they work directly with clients. Curacao eGaming Authority is the regulatory body in charge of issuing the licenses. To that end, we work proactively a. Mastercard Payment Gateway Services (MPGS) provides advanced payment processing and fraud prevention technology to merchants, technology partners and acquirers across the globe. Flexible Reporting. Moreover, NMI processes billions of dollars in payments yearly, making it one of the most significant gateways worldwide. Located in California, PaymentCloud is a company starting its business since 2010 designed Authorize. Average Chargeback Ratio: 0. o. 4. Environmental: The gaming industry is a heavy contributor to carbon emissions. Description. But high-risk merchants won't get that. Smart companies match their approach to the nature of the threats they face. There are a. processors who do not have a handle on dispute management can easily find themselves on the receiving end of punitive fines ranging from $10,000 to $75,000 which can be assessed month after month until a. Why You’re a High-Risk Business. Although obtaining such an account can be difficult and has disadvantages, it can provide a lifeline for such businesses. At American Express, our ESG mission is to back people and businesses to thrive and create equitable, resilient, and sustainable communities globally. For high risk businesses, it can take up to 14 days to receive payment. Now, let's dive into the top strategies that will help you secure a high-risk merchant account without breaking a sweat: Research, research, research: Don't jump into bed with any old payment. A High-Risk Merchant Account is a digital account for high-risk merchants that keep track of all transactions. Search site. Getting a business bank account for a gambling business can be challenging. 1. Online gaming and casino companies present several. As with interchange-plus, the percentage markup for online and other card-no-present transactions is higher, ranging from about 2. Today, you’ll find some of the leading online casino operators offering its services in Germany, including Casumo, LeoVegas, and Trada Casino, to name a few. Chargebacks911 also agreed to a permanent injunction against using deceptive tactics to prevent consumers from winning credit card chargeback disputes and to ban certain high-risk merchants with a. Ensure your merchant monitoring approach is comprehensive. Pre-certified card readers with cloud-based fleet management ranging between $59 to $249 USD⁸ ;. Higher payment processing fees. Transparent oversight. We only work with the best lottery platform providers! eGaming and social gaming are rapidly expanding, and it is now more than ever, a global business requiring customized merchant accounts. Relying solely on the merchant’s MCC or SIC code can be risky, as a plethora of high-risk services fall under MCC 8999 “Professional Services”, for example. The main reason these credit policies differ is due to the processor’s ability to. However, this unwise assumption leaves acquirers and PSPs vulnerable to fraud and abuse. The overall gambling industry is predicted to balloon to $525 billion in revenues by 2023. The GBO team will be happy to assist you to obtain a Curacao gaming license for your needs throughout our wide network of banks, payment processors and gaming regulators. Let’s start by busting some myths and revealing common pitfalls with business risk management. The merchant’s industry presents concerns, such as reputation, health. A high-risk payment gateway is a payment gateway solution for businesses that present a high degree of risk for payment processing companies—either because they have a higher than usual percentage of chargebacks, there is a higher risk of fraud or a few other reasons that will be outlined below. High volume merchant accounts are usually offered to businesses with a turnover of over $100,000 and hundreds of small payments each day. Durango Merchant Services: Best For High-Risk Merchants. Take a look at the five most common struggles facing adult merchants and our expert’s solutions for each one. Launched as a part of Paytm's ecosystem, this innovative platform brings together entertainment and gaming,. 5. But a merchant forgets that for such a risk the claimant must also be strong. 2. The price paid for the sub-license has varied, largely due to the levels of demand. Best High Risk Forex Merchant Accounts. CeGLA is headquartered in Curacao and operates under the jurisdiction of the Government of Curacao. 5 billion, with a net income of £1. 6. advocate and industry-leading provider of managed-risk merchant A business that accepts credit cards for goods or services. 10. Team Lead Digital Product Development. Affiliate fraud. , payment gateways specifically for gambling), or indirect providers, publishers or marketplaces that require. Travel & Hospitality. High risk merchant accounts are for businesses that are seen as potentially having a lot of fraud or chargebacks related to accepting credit card payments. Show Summary. The CeGLA website provides information about the licensing process for. PayPal: Best For Seasonal Or Low-Volume Businesses. Soar Payments. However, there are some advantages to high risk. The Social Gaming Merchant Account industry is viewed as high risk due to its high average chargeback proportions (cordial extortion is uncontrolled), legitimate hazy situations (when gaming meets betting) and the inborn fraud risks of any 100%-online business. As a leader in merchant services. 5% to 3. 7. One of the newest and most well-liked free zones in Dubai is the International Free Zone Authority (IFZA), and at GBO, we specialize in assisting businesses in doing so. Risks Pertaining to Payment Facilitators and Marketplaces 9 4. Considering the increased difficulties for Curacao entities to obtain bank account and/or merchant accounts in Europe, creating a structure which involves the Curacao company (which has the license to operate online gaming) and the payment processing agent (preferably an EU-Cyprus company) creates a powerful and strong. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. Examples of key areas where implementing a consolidated compliance workflow management system could bring significant benefits are: • Having all of your compliance regulatory requirements - jurisdictions games, issues, third parties, etc – in one place • Enabling stakeholders to. Let’s start by busting some myths and revealing common pitfalls with business risk management. High volume merchant accounts are usually offered to businesses with a turnover of over $100,000 and hundreds of small payments each day. Their in-depth understanding of gamers and a professional team with solid tech and product focus have allowed them to. Curacao Sub-licenses are to be renewed until the beginning of 2024. However, most merchants find that outsourced chargeback management is more cost-effective, produces better results, and offers. 4. QuadraPay is a leading payment processing solutions provider, offering a wide range of services in association with our partners. Most payment processors define a maximum chargeback rate—often 1%—that their merchants must stay. Medium-risk merchants should invest in robust fraud prevention tools and employ strategies like customer authentication and proactive chargeback management. The Curacao e-Gaming Licensing Authority (CeGLA) is a division of the Curacao Gaming Control Board (GCB) that is responsible for issuing licenses to online gaming companies. 4949 or get started here . Detect content violations to mitigate chargebacks and customer disputes. This translates to increased fees and stricter contracts. 2) What is A High Risk Business. DigiPay’s expanded network of banking relationships processes payments for the gaming industry at competitive rates, terms and conditions. This includes the merchant, the credit card company, and the bank that issues and finances the card. Some customers might join your gaming service or website for a bit and then leave. Industries that are categorized as high-risk merchants ( Example: Firearm sellers, vape and e-cigarette merchants, alcohol, and cigars) Credit History. PCI compliance means that your systems are secure, reducing the chances of data breaches. Medium-risk merchants should invest in robust fraud prevention tools and employ strategies like customer authentication and proactive chargeback management. Get a Free Consultation about. Specialty credit card processing for three decades. Gambling & Gambling Merchant Account with payment gateway. A competitive payment processing fee for a standard retail small-business account might be 2. expanding product suites: Stripe vs. eMerchantBroker is a Los Angeles, California-based company that offers high risk e-commerce processing solutions including CBD oil merchant accounts. . 🌐 Industry Expertise: In my extensive career, I have garnered invaluable. In 2021, we launched a new roadmap. eMerchant Broker: Best for High Approval Rate. Account funding, stored-value card purchases, and prepaid loans (non-financial institution) 6540. Discover how high risk payment processing can benefit your online gaming business with our comprehensive guide. Support free trial. Ongoing Merchant Acquiring Fraud Risk Monitoring 101. Our payment-specific solutions allow businesses of all sizes to. Online gaming merchant account solutions here. Melcom Copeland is a Stablecoin Subject Matter Expert and Senior Strategic Advisor at XSTRATEGY, a Singapore-based Web3 Management Consulting firm that specializes in blockchain and cryptocurrency compliance, fintech, Decentralized Finance (DeFi), and digital payment solutions. Host Merchant Services: Best for large high-risk businesses. eMerchant Authority is the leader in payment processing for high-risk merchants. Our process is simple so you can focus on your business. Welcome to my LinkedIn profile! I am a results-driven sales leader with a proven track record of success spanning over a decade. We work with:The buyers of accounts are often people who are new to the game or not as advanced and are looking for an easy way to win. PaymentCloud: Best for software integrations. We offer clients assistance with finding a white-label solution that includes licensing and payment service providers. If there is a slight balance here and there then the game is over. This company specializes in opening high-risk merchant accounts. 9% to as much as 3. Each merchant on the list receives a numerical code that indicates the reason for them being on it. In 2017, the International Maritime Organisation (IMO) passed resolution MSC. MATCH searches the database for possible matches between the merchant information provided in the inquiry and information. Five reasons to use pre-authorization rules: Save on authorization fees: The pre-authorization rejection rule can determine if the transaction is fraudulent and reject it, so you can avoid issuer authorization fees. 20% + $0. Why payments play an instrumental role in the growth of the global iGaming market in 2023 and beyond. AMP or Application Management Panel is a game server management panel. services (often referred to as “ high risk A merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. Categories: Forex. 19 and is now in the Hodeidah port area in Yemen,. In Summary: The 8 Best Offshore Merchant Account Providers For Small Businesses. PayKings is leading the industry of payment processing, especially for high risk merchants. In May 2013, the ISC established the Facility. Managing High-risk Gambling Merchants. With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions – domestic and offshore – with competitive. This means merchants wanting to access Authorize. 2- Identity Checks and Due Diligence. It aims to make merchant risk management efficient and beneficial to any industry. Being categorized as high risk business, it becomes difficult for such portals to obtain regular merchant accounts. This may reduce your risk if you end up on a malicious web site. Read More. This pricing is very good in the high-risk. In 2017, the International Maritime Organisation (IMO) passed resolution MSC. net’s gateways must first find a merchant service provider willing to provide them with a merchant account. GBO has the skills and experience needed from. Here, we break down the difference between iGaming and eGaming, and discuss payment options for online gaming companies. Computrad’s experience encompasses the delivery of fully managed outsourced hosting and services, expertise in mitigation and monitoring of Distributed Denial of Service (DDoS) attacks, deployment of mission critical network and security infrastructure and eGaming high transactional sites and payment platforms. The MATCH list is a blacklist that prevents merchants with excessive chargebacks and high-risk accounts from opening an account with another credit card processor. Financial institutions offering manual or automated cash disbursements. 2. CDGcommerce: Best for an eCommerce/MOTO specialist. As of now, daily transactions linger in the range of tens of thousands against the target of 1-million-plus that was expected by end-December. A high-risk merchant account is often necessary for companies dealing in industries that carry a high potential for fraud and charge backs. Certain investments have been excluded where KKR only holds a minority or residual interest, or where the company is undergoing a restructuring. 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. 1 • Management identification of Merchant Service Providers (MSRs) and ISOs used • Contingent liabilities arising from the bank’s processing activities . g. 3. 2. Other types of high risk merchants can usually still get their payments processed by large banks and major credit card companies. advocate and industry-leading provider of managed-risk merchant A business that accepts credit cards for goods or services. Each merchant service provider received a rating based on over 50 data points. Computrad’s experience encompasses the delivery of fully managed outsourced hosting and services, expertise in mitigation and monitoring of Distributed Denial of Service (DDoS) attacks, deployment of mission critical network and security infrastructure and eGaming high transactional sites and payment platforms. Establishing customer centric product development in Digital Commerce (Webshop, CRM, App and Digital POS)Curaçao eGaming (Netherlands Antilles) is regarded as a practical solution for starting an online gaming and gambling business due to its optimal mix of time and cost balance. ”. As a PayFac, Segpay handles the sub-merchant onboarding and provides a fully managed payment processing solution. and many more. We hold and update 16 registers including Jersey companies, business names, foundations, partnerships and security interests. 2 Merchant Risk 10 Questionable or Unsound Business Practices High-Brand Risk Merchants Sellers Involved in Fraud or Illicit Activity. Octro is a renowned gaming company in India, founded in 2006 by Stanford alumnus Saurabh Agarwal. Compare the top merchant account providers and see which one could be best or your business. An EMI service is a great.