Online Gambling Merchant Account in Finland

1. WHY WEBPAYS SERVICES INDUSTRIES APPLY NOW BLOG PARTNER Online Gambling Merchant Account in Finland Gambling has been a popular pastime in Finland for many years. This hotbed of technological innovations is the home to some of the best online casinos worldwide. However, with the rise of online gambling, the country has seen a signi?cant increase in the number of people participating in online betting activities. In such a case, to accept a large number of payments from gamblers, merchants need a gambling payment gateway and merchant account. According to a survey conducted by the Finnish Institute for Health and Welfare (THL) in 2021, around 78% of Finnish adults have participated in at least one gambling activity during the past year, which is one of the highest ?gures for gambling in Europe. The most popular forms of gambling in Finland include the national lottery, slot machines, online casinos, poker, and sports betting. In Europe, the online gambling market is growing rapidly, with a market size of approximately €25 billion in 2020. The United Kingdom, Germany, and France are the largest online gambling markets in Europe, with Finland occupying a smaller but still signi?cant share of the market. Let’s see what it is in detail. What is an Online Gambling Merchant Account? It is a digital account that allows users to deposit funds and participate in online gambling activities. These accounts are usually provided by online casinos or sportsbooks and can be accessed through a web browser or mobile application. Online casino providers have to obtain this account from a payment service provider, as banks and prominent payment processors do not offer gambling payment solutions due to several reasons. They consider online gaming a high-risk business owing to higher chargeback, higher fraud, a large number of tickets, the nature of business, etc.; this is why they do not offer their payment solution. In other words, it can be understood that they do not have speci?c high-risk solutions for a particular industry. But a merchant need not worry because many payment processors offer industry-speci?c high-risk payment solutions in which WebPays’s payment solutions are ideal. Features of a Gambling Merchant Account A gambling merchant account is a specialized account designed for online casino & betting operators. These accounts come with a range of features, including: 1. Secure Payment Processing: This feature ensures that all transactions are processed securely using state-of-the-art technology. A PSP must have PCI-DSS highest level compliance, SSL, encryption, tokenization and other advanced security tools to safeguard its merchant and its customer. 2. Chargeback Protection: Chargeback prevention tools include chargeback protection, which protects the operator from fraudulent chargebacks. 3. Multi-Currency Support: Multi-currency support allows users to make transactions in a range of currencies, including EUR, USD, and GBP. It allows customers to pay in their local currency without any exchange charges, which helps a merchant to increase betting value. 4. Alternative Payment Methods: Alternative payment methods are necessary for this online gambling business as every location has its preferred payment modes in Europe. Benefits of Acquiring a Gambling Merchant Account There are many bene?ts to acquiring a gambling merchant account, including: 1. Increased Revenue: By accepting a wider range of payment methods, online gambling operators can increase their revenue by attracting more customers. 2. Better User Experience: It provides a seamless and secure payment process, improving the user experience for customers. Chatsale.io

2. 3. Improved Security: It comes with advanced security features, which help protect the operator and the user from fraud. 4. Global Reach: A gambling payment gateway allows merchants to provide its services worldwide and help them expand their client base. How is WebPays the Best Gambling Payment Gateway Provider? WebPays is one of the leading gambling payment gateway providers in Finland, providing secure and reliable payment processing solutions for online gambling operators. Some of the key features of WebPays' gambling payment gateway include: 1. Multi-Currency Support: WebPays' payment gateway supports 80+ multiple currencies, allowing operators to accept payments from customers worldwide. 2. Alternative Payment Methods: WebPays’s payment solutions have 35+ alternative payment methods, including credit or debit card, cryptocurrency, wire transfer, e-wallet, local payment methods, paypal, alipay, iDEAL etc. 3. Chargeback Protection: WebPays' gambling payment gateway includes 3-tier chargeback protection, protecting operators from fraudulent chargebacks. 4. Advanced Fraud Detection: WebPays' poker payment gateway has advanced fraud detection technology that includes encryption, tokenization, 3D secure authentication, address and card veri?cation, real-time fraud scoring, and PCI-DSS compliance, which helps prevent fraudulent transactions. 5. Expertise in the Online Gambling Industry: WebPays has a wealth of expertise working with online casino companies and is knowledgeable about the particular requirements of this sector. The payment gateway created by our team of professionals is speci?cally tailored to the requirements of Finnish online gaming companies. Besides these features, WebPays offers 24*7 customer support, a powerful dashboard, international card saving, real-time transaction monitoring, automatic transaction reconciliation, detailed payment reporting and many more useful features that are only crafted to make a merchant bene?t. In conclusion, the online gambling market in Finland and Europe is growing rapidly, and the demand for secure and reliable payment processing solutions is increasing. A gambling payment gateway and merchant account, such as the one provided by WebPays, can help online gambling operators improve their revenue, user experience, and security. We recommend you choose WebPays as your payment partner. About WebPays We are experts in the payments industry who build secure payment solutions and offer constant support to assist you in boosting your sales. WebPays aims to be the ?rst choice for merchants when they require payment solutions. We provide the most reliable and trustworthy payment solutions to help your company ?ourish. Furthermore, we expand the clientele of your business and take care of a lot more What do other Payment Solutions WebPays offer? WebPays is an expert in high-risk payment solutions. We have created a number of merchant accounts and payment gateways that adhere to industry standards in order to give you the ?nest service possible. These are the other payment solutions: Casino Merchant Account Online Merchant Account IPTV Merchant Account Forex Merchant Account Escort Merchant Account Adult Toys Merchant Account E-Cigarettes Merchant Account Tobacco Merchant Account Global Payment Gateway eCommerce Payment Gateway How to apply? Click on Apply Now and complete the form. Our team will contact you for additional requirements. Please have the following documents available so that your application can be processed quickly: Complete details of business Website or app of your business Contact Information, such as email, phone number, and address Details of business owner Chatsale.io

3. Address proof of owner and business Documents of business partnership Last three months’ business bank statement Follow us:     Copyright @ 1999-2023 by WebPays. All Rights Reserved. Chatsale.io