Online casino entails betting on the outcome of a game (sports or chance) over the internet, using a Casino Payment Gateway or even cryptocurrency. Online casinos, online sports betting, and online poker are all permitted online gaming activities in Malta.
Malta's position as a leader in online gambling such as Casino is impressive for a country with a population of half a million people. According to industry forecasts, the global online casino market will be worth $94.4 billion US dollars by 2024, with Malta playing an important role. Because Malta is home to 10% of the world's online gaming companies, businesses there handle a sizable portion of global revenue.
Recurring payments are purchases that occur on a regular basis and require customers to authorise only once. It means that the client does not have to enter transaction information for each payment cycle. To offer this payment option to customers, a merchant should find a suitable provider, such as PayCly, who can set it up.
There are two types of payments:
Regular or recurring purchases: It refers to making repeated transfers of the same amount. Popular streaming services, for example, would normally charge a set monthly fee.
Purchases those are irregular or variable: It refers to a recurring payment with a variable sum. As an example, consider utility payments, which typically vary in amount from month to month.
Fill out the application form and tell us about your company and what you need. Following a review, our team of specialists will recommend the best banking partners from our network.
Our dedicated agent will begin the process of setting up a merchant account with one of our reputable banks and gateway providers. We'll be there for you every step of the way, and we'll get you the best pricing available.
Start by filling out the online application form listed on our website. Just give us a brief of your information such as:-
Our agents will provide free 24/7 continuous support and any assistance you may require even after you have been successfully set up and have begun processing online payments.
Along with the application form, you will need to provide documentation for KYC (Know Your Customer) purposes and the underwriting process carried out by the acquiring bank or payments provider. Please see the checklist of typical documents.
All merchant accounts serve the same purpose. They provide financial and technical solutions to businesses in order for them to collect money for goods and services. However, the distinction is revealed when we compare the additional features and plans that payment systems provide in addition to the account.
With the number of businesses going online increasing by the month, it is more important than ever to partner with the Online Payment Solutions Provider.