Gambling Merchant Account

Best Solutions For Your Online Gambling Business. Price and service with the most understanding for you.

WE SUPPORT THE FOLLOWING GAMBLING TYPES:


GAMING MACHINES/POKER


LOTTERY


ONLINE CASINO


SPORTS BETTING

150+

Different Currencies

30+

Acquiring Solutions

IC++

Transparent Fees (IC++ Model)

30+

Local Payment Methods

Pricing / Fees

Fees will be affected by various factors like processing history, method of sales, countries, sales volume and products. Hence, fees for every merchant will be unique. However, terms will remain same for most. Below is a list of fees involved.

Merchant Discount Rate

From 1.95%

Transaction Fee

From 0.10 EUR

Monthly Gateway Fee

From 49.95 EUR

Chargeback Fee

From 25 EUR

Refund Fee

From 0.20 EUR

Rolling Reserve

From 0% to 10%

Fasto is your best choice to help you.

Fasto provides the best support and always ready to help.

We understand your needs and business like no other and we will work above and beyond for you, and to get you the best terms. And we have the solutions you need.

Requirements

Fasto offers payment processing in Europe, therefore the merchant has to have a European company plus fulfill requirements needed thereto which includes having European issued gaming/gambling license.

Alternate licenses: Gibraltar, Alderney, the Isle of Man and Curacao.

Your merchant account will be categorized as 7995 MCC, which will help the payment processor(s) identify the transactions and implement the laws.

Restrictions

We have a restriction policy to comply with local laws in gambling. Following countries are blocked or restricted:

Brazil, China, Hungary, Hong Kong, Iceland, Israel, Japan, Lithuania, the Netherlands, Norway, Poland, Singapore, South Korea, Switzerland, Turkey and the USA (Unless providing local licenses).

Popular types of gambling: Gaming Machines/Poker, Lottery, Online/Offline casinos, Sports betting, Skill based gambling. And these are estimated to increase 8% annually on a worldwide basis.

Fast & Simple

24/7 Support

Secure & Safe

Our Services

One-stop-shop for your online gambling business. Bespoke solutions for comfortable payment acceptance.

Payment Management

We take care of your payment processing while you focus on business growth. Stay connected and safe.

Personal Dashboard

One place to monitor and analyze your daily transactions - helping you to keep track of your business everyday.

Local Payment Methods

Accept cardless payment using multiple channels and currencies - delivering choices to your customers.

Business Tracking

Monthly reports to keep track of your business - keep check on business fall outs and growth.

Credit & Debit Card

Wide rage of cards acceptance covering all the popular card schemes worldwide, so you can sell without a worry.

Payment Gateway

One secure platform for all your payment services. And let us worry about integration and payment page.

Chargeback Prevention

Taking care of chargeback alerts, disputes and fraud - more revenue and less headache for you.

Crypto Payment Gateway

Accept cryptocurrecy payments from your customers - another solution to benefit your business.

Shopping Cart

Covering range of shopping carts from Shopify to Limelight - helping your business to attract more customers.

Gambling Merchant Acquiring

One of the first things needed for you as a merchant is to obtain a gambling merchant account, in order to process and bill your customers. This can be done locally or via a worldwide solution.

Different things like pricing and terms changes depending on whether or not it is a start-up or a ongoing project which currently accepts payments on the website / app. When it comes to your business being a start-up, it will come with a rolling reserve of usually 10% and it will mean “worse” terms but we try to stay competitive and help you get started cheapest possible.

If you are doing sports-betting, gaming machines, poker, online casino, lottery or similar, you will need a license either local or foreign. With a local license, the terms and pricing will be more compelling. We do accept licenses worldwide which includes Malta, Cyprus, United Kingdom or locally like Denmark. We can also support Curacao which is the fastest growing license, but these licenses comes with higher cost and longer approval time.

Gambling Solutions

In order to serve a local or worldwide audience, you need solutions and the first one as always will be credit card processing which contains Visa, Mastercard and depending on markets more. This is the standard choice for all as it is most wellknown.

Local and Alternative payment methods is growing massively with some expecting more than 1000%+ growth over the next five years, again it depends on markets but a few of the ones we can mention there is SoFort, Crypto, Klarna, SEPA and many more.

The more solutions you have available at the checkout the higher the conversion rate will be and the happier your customers will be to come back and spend again.

Gambling Risks

The main risks within the gambling sector are money-laundering, fraud and regulation. Gambling products could be used for money transfer between people colluding with one another and/or with the house.

Also included in the risk overview there is the high probability for chargebacks due to losses from their customers but we have solutions to help prevent these.

Lastly but most importantly

Do not forget our one click checkout which will enhance the user experience as they will only need to type in their card informations once.

You can read more about it here
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