MerchantScout 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.
If placing through our primary acquiring banks in western EU, the contracting merchant must be EU based with an EU issued gaming/gambling license. Accepted license countries include also Gibraltar, Malta, Alderney, Isle of Man, Curacao. Gambling merchant accounts are categorized as 7995 (MCC code) by which the payment processors identify the transaction and restrict certain countries.
If card is issued in any of the following countries, the transaction is automatically blocked due to domestic online gambling laws: Brazil, China, Hungary, Hong Kong, Iceland, Israel, Japan, Lithuania, Netherlands, Norway, Poland, Singapore, South Korea, Switzerland, Turkey, USA
Alternative Payment Methods
In online gambling there is a rise of alternative payment methods, especially Paysafecard. MerchantScout is specialized in providing tailored solutions to gambling and different kinds of high risk merchants, offering 30+ alternative payment options through a single gateway. Apply today and start accepting Paysafecard and other payment methods, beside Visa/Mastercard.
"Extremely happy with your service! Not only did you guys match my rates from previous provider, but you've successfully worked and negotiated with the acquiring bank to give us what we need in terms of payout conditions. We're very thankful for all your effort."Mike M., CEO
Sportsbetting and online casino operator