Trying to find the right merchant account for your business can be an overwhelming task. Few payment processors offer merchant accounts for this industry, so how do you know you are getting the best and safest option? With fantasy football season upon us, now is the perfect time to do a little payment processor shopping. Here are a few tips...
In addition to its popularity, fantasy sports fits right into the world’s growing affinity toward a cashless society. Fantasy sports players use smartphones and other mobile devices to draft teams, change lineups, research players, and check on player injuries. For fantasy sports operations to thrive, they must be able to accept and process credit card transactions. To do this, they...
Nearly 60% of U.S. consumers use credit cards over cash to make purchases, according to a report by the Federal Reserve. The report shows that many millennials won’t even shop at a business if it doesn’t accept credit or debit cards. Accepting credit and debit card payments are something all businesses must consider. Though merchants can boost sales by more...
A battle is raging over the legalization of sports betting in the United States. As a result, sports fans and businessmen are betting on their favorite teams online. Fantasy sports has become a booming business. In lieu of other forms of legal sports betting, many have flocked to fantasy gaming websites like DraftKings and FanDuel. Not only are fans winning...
Sports fantasy betting websites are becoming a mainstream idea, which means that can bring big business. While the funds are good, you may lack the ability to accept and payout funds. Because the processing industry has turned their nose up at sports betting, you may think that you are doomed to fail. Relax, as there is a solution to your...
Baseball season is here, and some is the beginning of baseball’s fantasy league. Some states are legalizing online sports betting, but can lead to a great business opportunity. However, as with all great business ideas, this one has a few glitches. Most importantly, you will have a hard time finding a sports fantasy merchant account. Merchant accounts allow a company...
Online fantasy sports companies are moving to expand from daily tournaments to season-long tournaments. Star Fantasy Leagues is one of these companies. The industry has come a long way in developing an exciting experience for customers while also implicating certain safety measures and strategies. For example, Seth Young, the chief operating officer of Star Fantasy Leagues, revealed in an interview...
Gambling may soon be coming to a city near you, thanks to ramped up talks of legalizing fantasy sports betting. While it is often done in break rooms and gyms, it is not legal just yet. The legalization can mean big business for large and small establishments, as well as added tax revenue. If, or should we say when, it...
Sports betting is a multi-billion dollar business across the globe, but it is still a new and unexplored frontier on American soil. Yet states across the nation are fighting to make offline sports betting a legal and thriving enterprise. New Jersey is the latest state to wage war against the federal ban on sports betting, citing that the federal ban...
Need Merchant account processing for your Fantasy Sports site? Of this gigantic amount of revenue, 10% came from the United States. With people playing on their iPhones and mobile devices, the revenues are mounting daily. However, sponsors of online gaming like casinos, sports betting, fantasy football, and baseball, and other games of chance are having difficulties finding a credit card...
