Finding a Payment Processor for Sweepstakes/Giveaways

[ybnzpp]

We are looking for a payment processor for our online platform. Our service is based‌ on organizing sweepstakes, allowing users to participate for a chance to win various prizes.‍ Participation is tied to a subscription model that provides access to both current and future⁠ contests. However, finding a payment processor or bank willing to support this type of business⁤ has proven to be quite challenging.

Do you have any recommendations for reliable providers or⁣ solutions that handle payments in high-risk industries, particularly for sweepstakes with a subscription model?

 

[daniels27]

Have you checked here:
https://www.offshorecorptalk.com/threads/payment-gateway-for-sweepstakes.45546/
https://www.offshorecorptalk.com/threads/1m-month-sweepstakes-processing.36311/

 

[ybnzpp]

Hello everyone,

I’m looking for a high risk payment processor that can handle sweepstakes /‌ contest subscriptions.

Here’s my situation:

• I’m based in France.
  
• The business model is online sweepstakes:‍ users subscribe to participate
  
• Average transaction is €25, with monthly volumes around €80,000.
  
• Stripe and other mainstream processors don’t support this type of business and suspended me.
  

I need a reliable high risk processor that won’t shut me down, can approve this type⁠ of business model, and process payments in EUR.

Any recommendations or experiences would be⁤ highly appreciated!

Thanks in advance.

 

[wonderfulboy]

Take a very good look inside mentor group gold and the high risk payment processing‌ services they add there.

Beside that @MichaelUniq among some other payment processors ay be able‍ to help you with a solution.