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Gambling Payment Gateway

Gambling Merchant Account

 
Gambling Payment Gateway in Europe (Albania, Malta, Cyprus, Netherlands, Italy, etc.) is preferred for all sorts of online gambling and casino businesses. Comprising online games in casinos, poker, bingo, slots, and even also sports betting (sports betting), lotteries (lottery), etc.
The gambling industry, which was initiated in the late 1990s, is today one of the biggest industries of online commerce. As per the statistics, in 2018, incomes in this industry amounted to about 57 billion dollars. And as per the forecasts research in 2020 will expand to 68 billion dollars. This also reflects the prevalence and appropriateness of the Gambling Merchant.
There are two kinds of merchant accounts for the gambling business: coded and non-coded. Licensed or registered gambling businesses and websites acquire coded merchant accounts. Relying on the sort of online business, each platform is allotted an MCC code. For all online transactions in the gambling industry, excluding online payments by using ATMs, the MCC code 7995 is used. Also comprising opening bettings, purchasing lottery tickets, chips, tokens, or other products and services rather than funds in the gambling industry.
Gambling Payment Gateway
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Gambling Payment Gateway

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