Our Team has 20+ Years of High-Risk Payment Processing Experience
We have the largest network of high risk banks in the industry, and growing! Paydiverse has thoroughly tested numerous processing banks to understand which are the perfect fit for every high-risk merchant account category. We have a diverse array of solutions per business type unlike anyone else in the industry.
- 24-48 Hour Payouts
- Lowest Rates, Multiple Bank Approvals
- Fast Approvals
- 100% Digital Application
Secure Payment Processing
In 3 Simple Steps
Complete our quick and easy online application
Digitally sign applications using your mouse
Securely upload supporting documents
Applications are sent to all banks that have pre-approved you
Banks will review and determine a processing limit
Daily updates sent with additional documents and final approvals
Payment Gateways are activated
Integrate your Payment Gateway with the backend of your site
Start accepting payments from your customers immediately
Fantasy Sports Merchant Accounts
Unfortunately, fantasy sports merchant accounts are difficult to obtain with traditional banks and payment processors. This is because fantasy sports business and most other gambling business has been deemed high risk. Fortunately, it’s still possible to obtain a merchant account if you’re in the business of sports betting. PayDiverse offers high-risk merchant accounts to fantasy sports businesses and other sports betting establishments with unparalleled customer service, low rates and convenient features.
The Business of Sports Betting
The Risk to Banks and Payment Processors
In addition to this problem, many times gambling is associated with organized crime. Even when a merchant is legitimate, banks and payment processors may not be willing to take on the risk.
Banks and payment processors are often left with unpaid chargebacks by merchants, which is why consequences occur when a merchant’s chargeback ratios become too high. Merchants who have high chargeback ratios may find their assets frozen or accounts completely closed as a result.
Online businesses — especially online gambling — are often victims of credit card fraud as well. This contributes to the high-risk label that’s been assigned to the industry.
How PayDiverse Can Help
Chargeback Alerts and Protection
Award-Winning Fraud Prevention Tools
More Convenient Account Features
In addition to our chargeback and fraud prevention tools, merchants will have access to a wide range of account features that include:
- ACH/e-check processing
- Secure payment gateway
- Multi-bank processing
- 24/7 customer support
- Pinless Debit
- Secure online merchant portal
- Offshore processing
Apply Online Today!
Diverse Payment Processing is Smart Processing
Fill out our free and quick merchant account application and let us match you with many banks that want your business.