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Showing posts from July, 2020

Fantasy Sports Merchant Account by High-Risk holdings

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With an increasing rise in online gaming among players, many business are considering growing their own fantasy sports business. This means new companies are looking for high-risk merchant accounts that are suited to their industry type. Online fantasy sports games like football, basketball, soccer, baseball hockey and other esports are taking a huge stage in an online entertainment world. These new wonders for eCommerce and strategic gaming share a unique factor when it comes to payment processing. Not only  fantasy sports merchant account  accepts payments, but they also allow players the chance to get paid in return. This means fantasy sports are considered a form of gambling. Payment processing for fantasy sports Certain banks have different levels of risk involved and when it comes to payment processing for fantasy sports banks are open to accepting those business models typically called a ‘’legal opinion letter’’. This means the business does not require ...