Hello,
I was wondering if anyone know any Micropayment platform which allows transaction from gambling & adult entertainment websites.
I've checked Paypal, Amazon FPS and Google Cash and they all prohibit the usage of their platform in gambling & adult entertainment.
Maybe someone knows another solution (will probably have to be located outside the US).
The platform should support credit cards, wire transfer and preferably ewallet services.
Thanks,
Roy.
AlloPass is a common micropayment platform for European websites.
I think it can be used for that kind of websites.
Most online gambling is illegal in the US, and since a payment processor has to be reputable, it's not likely you'll find any that operate in the US and also allow gambling.
Micropayments are hard to do with credit cards. Ever tried to buy a soda at a gas station with a credit card? "Sorry, sir- we have a $5 minimum on credit cards." This is because the station (and any other business that accepts credit cards) pays for the privilege of accepting them. The processing companies charge a percentage of their receipts. If you buy a $0.50 pack of gum on a card, they're paying you to take it off their hands.
If you want to sell things for less than a dollar you'll have to offer accounts in which customers buy credit in, for example, $10/$20/$50 increments.
That said, gambling and adult sites have very high chargeback rates, which is why the vast majority of payment processors won't go near them.