It’s hard to think of an online business that doesn’t have a way for people to pay. A gateway is an important part of accepting payments on a website, so it is important to choose it carefully, especially for businesses like gambling. This article explains what a payment gateway is, how it makes transactions easier, and how to choose the best one.
What is a gateway for payments?
A payment gateway is a web-based tool that makes it possible for websites to accept electronic payments. It is the first step in the process of accepting a transaction. A payment gateway links a website to the payment system so that the money can be moved. When choosing a gateway for casinos and betting, make sure it has the most important features.
A gateway is not visible, but a customer interacts with it on the checkout page. When a customer clicks the “buy” button, a gateway starts. Payment processing is the whole process of how transactions work. Check out how it works.
Top 7 Online Gambling Payment Processors
- BitHide payment gateway for online casino. Accepting suspicious transactions puts your whole wallet at risk since standard crypto payment gateways cannot ensure that your IP address remains hidden. Your IP address’s anonymity is important since the gaming industry is often connected to illegal activity. With the help of its distinctive Dark Wing technology, which combines the use of TOR and a VPN, BitHide makes sure of it. When it comes to high-risk transactions, BitHide is your best bet. Find out more here:https://bithide.io/high-risk-payment-gateway.
2. Maxpay. Maxpay works in the EU, which includes Germany and Italy, as well as the UK and the US. It accepts all currencies and other ways to pay. It has its own fraud prevention service called Covery, and it also has alert services for chargebacks. Maxpay has worked with online gambling businesses before and knows how to give each client personalized customer service.
3. Stripe. Stripe is a very popular service. It works in 40 countries, accepts 135 currencies, and has different ways to pay. It works for both online and brick-and-mortar businesses, so it does have POS terminals. Even though Stripe is used all over the world, it does not offer personalized customer service, which can be important for gambling and casino businesses.
4. WePay. WePay offers a merchant account and a gateway that work together. This platform is good for multiple channels because it makes it easy to handle complicated payment requests on a number of online platforms. Still, WePay does not accept a lot of different currencies in a lot of different countries.
5. PayPal. PayPal is one of the most well-known providers right now, and it can also be used to pay for things. It works in more than 200 countries and lets a business accept payments in up to 26 different currencies. It also lets you pay with other methods, including its own. But PayPal doesn’t have an integrated checkout page, so every time a client wants to buy services, he or she will be sent from the casino website to the PayPal page.
6. Square. Square offers solutions for both online and in-person businesses, making it possible for them to work together. It is easy to put together and safe. So, Square is mostly geared toward merchants who work in both online and offline stores.
7. Authorize.Net. Authorize.Net helps online businesses in the United States, the United Kingdom, Canada, the European Union, and Australia. It accepts the currencies of these countries, but not those of all the European Union. It has on-site checkout and strong protection against fraud. But there is no personalized customer service.
