Bank for payment processing of sweepstakes

[Sols]

illegal or legal doesn't matter in the thread, it's about payment processing.

It absolutely matters because it has a drastic effect on which processors and banks you can work with. What's the point of telling someone to try Coinbase, SpectroCoin, Triple-A, and others mentioned in that thread when they won't work with unlicensed gambling?

 

[os0281]

I dont think I was clear enough.
Pardon me.

Basically what we're looking for is acquiring a bank that doesnt care too much about fraud charges.

It was easy 5-7 years ago, but now the game has changed, and bank are not that fun anymore, unless you're a Sheik from Saudi, or Putin.

 

[os0281]

Like, you can do whatever you want, as long as you have enough money.

 

[Sols]

Those days are gone. There are no acquiring banks that don't care because they will get wrath of Visa and Mastercard on them pretty quickly. You want aggregators that process your volume on shared merchant accounts with huge volume so your above average chargeback ratio doesn't stick out — hopefully.

 

[daniels27]

It was easy 5-7 years ago, but now the game has changed, and bank are not that fun anymore, unless you're a Sheik from Saudi, or Putin.

No, they have money and don't need to scan people. They can do honest business.

Basically what we're looking for is acquiring a bank that doesnt care too much about fraud charges.

Then you need to run some legit business with a lot of transactions to lower your chargeback rate. You can also go on mentor group gold and ask for a "friendlies provider."