Banking

Learn more about banking of the online gambling business

To run online gambling business, you need 2 accounts:

  • Processing account
  • Bank account

Processing account aka merchant account is used for managing your clients’ operations – wins, losses, withdrawals etc. This account cannot be used for managing your company’s financial operations.

How we help

  • We open MasterCard and Visa accounts and offer alternative payment systems
  • We also help to go through DD procedures – filling in questionnaires, collecting necessary documents and explaining DD requirements
  • We cooperate with several PSP providers which support opening processing accounts for gambling businesses

Bank account aka settlement account is used for managing your company’s financial transactions.

Mostly, those operators who try to start the business themselves come across many legal difficulties, including difficulties in opening bank accounts. This is so because not many banks cooperate with gambling businesses, since such businesses are considered to be high-risk.

How we help

  • We always have an up-to-date information on the legal regulations in the industry and banking requirements
  • We have been cooperating with reliable banks for years and constantly update the list of such banks
  • We know all the steps of setting up your bank account, including filling in the necessary documentation and making sure the process is fast and smooth

What you get

  • Swift Code & Account number
  • Credit card settlements, E-Wallet settlements
  • Bank account in a reliable bank
  • Multi-currency
  • Internet Banking
  • Acceptance of Merchant Services facilities
  • Fast payments

We assist our clients from the first to the last step of the procedure. You won’t have to spend time on legal issues and can fully focus on your business.