UK Banks & Merchant Services for Competition & Raffle Businesses
Navigating the UK banking and merchant services landscape for competition and gambling businesses can be challenging due to the industry’s high-risk classification. However, several financial institutions and service providers specialise in supporting such businesses. Below is a curated list of banks and merchant service providers that cater to the competition and gambling sectors in the UK:
Banks Supporting Gambling and Competition Businesses:
1.Clique Payment Tech Limited
Clique offers business accounts tailored for high-risk industries, including gambling. Their solutions are designed to simplify financial management for gambling businesses. Learn more
2.Extra Direct
Extra Direct provides business bank accounts with guaranteed acceptance for gambling companies, even those considered high-risk. They offer quick setup processes, enabling businesses to operate efficiently. Learn more
3.RiskLink
RiskLink specialises in business bank accounts for gambling companies, offering solutions designed to meet the unique financial needs of gaming businesses. Learn more
4. Zempler Bank
Formerly Cashplus, Zempler offer a number of business bank solutions and accept companies operating in the gambling industry Learn More
Merchant Service Providers for the Gambling Industry:
1.Corepay
Corepay specialises in high-risk payment processing for industries like CBD, gambling, and vape, ensuring compliance, competitive rates, and seamless integration. Learn more
2.Axcess Merchant Services
Axcess provides card payment processing solutions for online casinos, sportsbooks, poker platforms, and lottery sites, with features like fraud protection and support for multiple payment methods. Learn more
3.Modern World Business Solutions
They offer high-risk merchant accounts specifically designed for the gambling sector, ensuring compliance with strict regulations and providing secure payment processing. Learn more
4.Merchant Connect
Specialising in high-risk payment solutions, Merchant Connect offers tailored payment processing services for the gambling industry, ensuring secure and efficient transactions. Learn more
5.Radiant Pay
Radiant Pay provides gambling business merchant solutions in the UK and Europe, offering high-risk merchant accounts for online gambling payments with dependable services. Learn more
6.Cashflows
Easy to use, fully secure and completely customisable, this is hosted payments with a difference. With Apple Pay, Google Pay and PayPal as well as card, your customers pay how they like and your website works harder. Learn more
Conclusion
Whilst working with a number of clients, we have seen a combination of Cashflows & Zempler as being a popular choice, each business and company may have different needs, out team are happy to discuss and advise on other setups you may consider.
PLEASE NOTE : The above are recommendations based on the service they provide and their supporting of the niche market of gambling, please conduct your own due diligence prior to signing to any account. Finley Designs do not accept any liability in conducting business with these financial companies.
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