Are you looking for a Fantasy Sports Merchant Account
                     Are you looking for a Fantasy 
Sports  Merchant Account?
The industry is thriving when it comes to obtaining a fantasy sports merchant 
account. This  high-risk vertical will require a payment processing provider that 
understands the ins and  outs of this specific gaming model, as well as 
recommendations, advice, and sports  forecasting that goes along with fantasy 
sports merchant accounts. Many of them require  high-risk merchant accounts. 
For your online fantasy sports merchant account, whether  it's phone orders, 
online sales, recurring billing, or anything else.
Radiant Pay processes payments for fantasy sports merchant accounts in the 
professional  leagues listed below:
● Fantasy Football (NFL)
● Fantasy Baseball (MLB)
● Fantasy Hockey (NHL)
● Fantasy Basketball (NBA)
● Fantasy Racing (NASCAR)
● Fantasy College Football (NCAA)
For a multitude of reasons, a Fantasy Sports merchant account is regarded as 
high risk,  making it difficult to locate a dependable processing partner. Radiant 
Pay specialises in  working with high-risk merchants, and we have a number of 
acquiring banking partners who  provide Fantasy Sports merchant accounts.
Do you need a Fantasy Football Processor?
Choose your players, your starters, and the fantasy football processor that is best 
for you.  Your company may have a large number of customers who want to sign 
up, form teams, and  place bets. You immediately learn that you have no method 
to accept online payments via  debit or credit cards because your firm is 
classified as high risk, which you were unaware of  previously, and you're now left 
with clients to serve but no way to accept their money.
Rather than becoming increasingly frustrated with the process of being 
declined and given  the runaround when applying with traditional banks, or 
worse, having your fantasy sports  merchant account frozen or completely 
dropped by an aggregate processor like PayPal or  Stripe, you take the smarter, 
more efficient route of seeking out a dependable and  knowledgeable 
high-risk merchant account provider.
What Is the Purpose of a High-Risk Fantasy Football 
Merchant  Account?
It's not always all fun and games with fantasy football merchant accounts. 
Furthermore, the  risks of this market might cost a lot of money in customer-
initiated chargebacks. Customers  that are bitter losers are one of the most 
common causes of chargebacks. While some  customers may win big, others will 
not, and those who do will normally chalk it up to a fair  loss and play again - but 
others and this group of "others" are substantial, will be angered by  the loss and 
file a fake chargeback in an attempt to avoid paying for the service entirely.
The excessive amount of chargebacks, commonly known as a company's 
chargeback ratio,  is a major contender for fantasy sports merchant accounts 
being classed as high-risk. When  chargebacks occur, they are unpaid by the 
business owner or merchant, which is one of the  most important financial losses 
for credit card processors, which are rigorously scrutinised  by both sponsor banks 
and credit card companies.
Sponsor banks will cancel any fantasy sports merchant account that consistently 
exceeds  2% in chargebacks and will levy a fine on the payment processor who 
set up your merchant  account. With the chargeback rates for fantasy sports 
merchants, most traditional banks will  not even consider supplying payment 
processing solutions to a high-risk business like this
- there is simply too much responsibility and uncertainty involved.
Why is credit card processing for fantasy sports so 
risky?
Fantasy sports credit card processing can be simple, but choosing a provider 
with the  expertise you need to get proper underwriting for your fantasy sports 
merchant account, as  well as a company that has been in the business long 
enough to have developed
relationships with sponsoring banks, is critical for high-risk merchant accounts. 
Failure to be  choosy in who you choose to set up your payment processing will 
effectively determine the  future success and longevity of your business as a 
whole. High-risk merchants aren't always  the first to be approached by banks for 
a fantasy sports merchant account - in fact, they  typically deny any high-risk 
applications that come across their desks.
This implies that what was most likely your Plan B soon becomes your Plan A, and 
if you  don't have access to options that make sense for your business model, 
you can find yourself  rushing for solutions. What are your options? First and 
foremost, you need a high-risk  merchant account provider, such as Radiant Pay, 
that does all of their underwriting
in-house and has the experience and banking ties to get you approved for a 
fantasy sports  merchant account and accept payments quickly.