Online Casino Merchant Account
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Get A Merchant Account For Your Online Casino. Physical casinos can be cash-only. Online casinos need to take electronic payments. The most common electronic payment is credit cards. In order to accept credit cards, you need an online casino merchant account. High Risk Solutions (HRS) works with merchants to accept credit cards.
A considerable amount of large online casino brands operate within the Curacao gambling license. Online gambling is an ever-evolving and highly dynamic multi-billion-dollar market. No doubt, it would be perfect if every internet gambling operator flawlessly abided by the strict rules of fair play and financial security.
- This means picking online casinos that have a good track record of payout to customers, and are affiliated with reputable gambling merchant account or casino merchant account providers, as these sites have met and passed the requirements and standards set by these online payment gateways.
- Merchant Account Providers offer great solutions for Online Casino Merchants: Look for merchant account providers who offer reliable and secure solutions for your online business. They understand the concerns of online casino merchants and their potentials in the gambling industry.
- Online casino merchant account enables merchants with not just a comparatively easier interface for their customers but also offers unlimited benefits that include: o Safe transactions and payment processing options. O Protection against credit card scam and online fraud with proper tools. O Major credit card processing and payment deposits.
However, when hefty sums of money are involved, certain facilities can’t resist the temptation to go beyond their moral obligations. That’s where legal licensing comes into play. Each online gambling operator is required to be licensed under regulators within their jurisdiction. That way, casinos, as well as their owners, expose themselves to regular background checks and independent audits and i.e. guarantee to their players financial safety and personal data protection.
Curacao Gambling Commission Framework
In this post, we will take a closer look at the Curacao online gambling license, its pros, and cons as well as its overall reliability. Also, we will dwell upon the main principles according to which the Curacao gambling commission functions. In 1993, the legal regulation of gambling was initiated in this island country.
In 1996, more than 20 years ago, Curacao launched the e-Gaming Licensing Authority. Since then, it has licensed about 500 online gambling facilities and eventually transformed into one of the most well-known online gaming authorities and casino license issuing framework creators in the whole wide world.
Today, the jurisdiction is governed by the Curaçao Internet Gaming Association (CIGA). Despite its promising attitude, in practice, the jurisdiction hasn’t yet proven its solid intention to become one of the most trustworthy online gambling commissions in the world. Below, you will find some evidence to back up this statement.
How the Commission Works
Truth be told, licenses issued by this jurisdiction are so popular because they are very easy to obtain. And they’re incredibly convenient. Compared to other licensing authorities, Curacao issues one license for the entire online gambling business. As for other licensing bodies, they would require, for instance, two separate licenses for an online casino and a poker room – even if both services are offered within one and the same online platform.
Online Casino Merchant Accounts
Here are a few more reasons why so many online casinos opt for Curacao as their licensing jurisdiction:
the application procedure is as easy as ABC: in many cases obtaining this license is just the ticket, especially if casinos owners are on the prowl for a swift, hassle-free and crystal clear application procedure; attractive application cost: the owners of Curacao gambling sites choose this option because it is very cost-effective; low taxes: by sticking with this gambling license, an online gambling facility will be subjected to only 2% corporate tax, with a 0% tax on gross incoming wagers. And the taxes will stay this low up until the year 2026. Actually, this is one of the ultimate benefits of joining the highly extensive Curacao casinos online community; flexible and favorable conditions of use: the combination of the simple process and the one-license-for-the-entire-operation perk is just way too tempting;
Online Gambling Merchant Account
additional expert support for online gambling operators: this implies offering financial and banking services, comprehensive technical assistance, as well as providing an overall consulting support;
cryptocurrency-friendly: Bitcoin- and cryptocurrency-based online venues choose to obtain this wonderful gambling license because it’s extremely cryptocurrency-oriented. ‘But what’s in it for me?’ a typical player may ask. Before arriving at your own ultimate conclusion about the reliability of this online gambling license, don’t hesitate to explore the information below.