Sports Handicapping Services Merchant Account
We offer Sports Handicapping Services Merchant Account services and payment solutions for the Sports Handicapping Services and Sports Predictions Industry.
Merchant Account for Sports Betting Handicapping Tips
In this type of business, a qualified sports betting consultant provides advice to people who want to place bets in the hopes of making money if the advice is correct. Depending on the client’s choices, this service can be used on a game-by-game basis, over a given season, or throughout the year.
Someone who studies and wagers on sporting events is known as a sports betting handicapper. This term can apply to nearly anyone who wagers on sports with the purpose of making a profit, if that person takes the effort to find an edge over the sportsbooks. Professional handicappers don’t have any preconceptions and place emphasis on the numbers.
Controlling Chargebacks with a High-Risk Merchant Account
Unhappy clients can lead to a high volume of chargebacks and fraudulent payments, making sports betting advisory businesses vulnerable. Banks are less inclined to accept a business that is highly exposed to chargebacks and fraudulent charges. If you don’t know how to manage chargebacks and fraudulent transactions appropriately, they can cost you a lot of money. Online firms are also prone to data breaches and hacking due to their nature. Furthermore, online firms are difficult to locate. All of this adds up to banks and traditional payment processors viewing selling predictions as a risky enterprise.
What Are The Benefits Of Having A High-Risk Merchant Account?
Your ability to take payments without interruptions is essential to your business’s success. While there will always be risks, one of the best ways to reduce them is to use a high risk merchant account to avoid payment processing delays. This is especially important for your subscription-based consumers, because any payment processing issues can force them to cancel their subscription. That’s why, to operate your sports handicapping business, you’ll require a high-risk payment processor like Cyber Merchant Solutions.
Contact us today for a free no-obligation consultation regarding your payment solution needs.