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GameGo specializes in providing high-risk China merchant accounts solution. Our risk management experts have a decade’s worth of experience working with trustworthy payment institutions; we adopt a flexible, case-by-case approach. With our network of tested and trusted banking partners, we are able to provide a merchant account solution for your business in China even if you have previously been categorized as high-risk, or you are facing difficulties as a startup business.
Banks and payment providers consider many factors when deciding whether a business should be classified as high-risk. The primary concern is the overall sector reputation and risk level in which the business operates, and the trading/ processing history of a business. For example, online gaming industry is automatically considered as high-risk by banks due to a prolonged track record without proper regulatory oversight. In addition, companies operating in the high-risk sector are more likely to suffer customer dispute where banks and payment providers usually consider it commercially undesirable.
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Online gaming is commonly known as gaming within the merchant service industry. It is usually regarded as high risk by most online merchant account providers. Having said that, it is not as difficult as you imagine to secure an online merchant account for your gaming business in China. We have established relationships with various banks and financial institutions for setting up China merchant account for online gaming payment processing service.
After completing a short application form, our experts will shortlist appropriate banking partners from our network based on your requirements.
Based on initial assessment, we start the approval process with one of our banking partners. A dedicated agent will manage everything for you.
After approval and MID activation, you can integrate your business platform with the payment gateway via API to start processing payments.