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Skill based gaming businesses operate in a unique space within the gaming industry. As platforms where players compete based on their abilities rather than chance, these businesses require specialized payment processing solutions. PayKings understands the distinct needs of gaming merchants and provides tailored payment processing solutions for gaming businesses including esports, competitive gaming platforms, and tournament organizers.
While skill based gaming operates differently from chance-based gaming, many traditional financial institutions still categorize it as high-risk. Our specialized merchant accounts are designed to handle the unique transaction patterns of skill based gaming platforms, including tournament entry fees, prize payouts, and subscription services.
Follow these steps to establish your skill based gaming merchant account
Begin with our streamlined application process designed for skill based gaming businesses.
Submit the required documentation to verify your skill based gaming operation.
Our specialized team guides you through the underwriting process with expertise in skill based gaming requirements.
Start accepting payments for tournaments, competitions, and subscription services.
As one of the industry's best merchant account providers our payment processing solutions cater to various skill based gaming platforms, including esports tournaments, competitive mobile games, and skill based arcade systems. We provide secure payment gateways, chargeback protection, transaction processing, and flexible payout options tailored to your business model.
Comprehensive payment solutions tailored for your Skill Based Gaming business
Our merchant accounts are optimized for skill based gaming businesses, providing secure payment processing with cutting edge payment technology for tournaments, competitions, and gaming platforms. With PayKings, you can focus your attention on growing your gaming community and increasing revenue while we handle your payment processing needs. For more information, reach out to us through our form today!
Everything you need to know about high-risk payment processing
Skill based gaming is a type of gameplay where the outcome depends primarily on a player's ability, strategy, and performance rather than on luck or random chance. In these games, success is determined by how well a player thinks, reacts, or plans.
Unlike the online gambling of online casinos or chance-based games—like lotteries, raffles, roulette, or slot machines—skill based games reward consumers for their knowledge, quick reflexes, or tactical decisions.
For example, in a game of skill like chess, online poker (when played strategically), shooting games, or puzzle-solving apps, the better you are at the game, the more likely you are to win. It's all about practice, experience, and sharp thinking. Skill based gaming can be played just for fun, but many platforms also offer competitions or cash rewards, making it an exciting and interactive form of entertainment for skilled gamers.
Video Games:
Puzzle and Brain Games:
Card Games:
Fantasy Sports:
Arcade-Style Games:
Real-Money Skill Gaming Apps:
