How To Get A Payment Gateway / Merchant for a Lottery Competition Raffle Skill Website 2023
Struggling to get a payment gateway for your prize raffle competition website or other business type (See Bottom)? Look no further, this guide will take you through step by step to not only set up your company correctly but also an insight into what the payment gateways are looking for.
Inroduction
As a dedicated competition website developer I set up a lot of Competition / Raffle / Lottery Websites – and without doubt the main pain point in creating these websites is obtaining a payment gateway. Below i go over all aspects of the payment gateway and what you need to get your merchant account.
Ready to go after watching that video? Apply Quickly Here
First Steps
Get yourself right. No point wasting anyone's time here so the first steps you need to take are regarding your company registration and business bank account. If you are looking to do this without registering, this isn't the guide for you.
Company Registration:
Payment Gateway providers are big companies, and the main thing these companies look at is ‘Risk’, risk that you will run away with the money and so on. So what they look for first is a properly registered company in your name. This can be a limited company or a sole trader in the UK
Website Terms and Conditions
Make sure you have your terms and conditions on your website that contains your Company Number or Mention Sole Trader. To create your terms and conditions i would first contact a legal representative if you are unsure with what you are doing. If you are ok with drafting your own up, go to a few reputable competition website and read up on theirs and then merge them into your own. Read up on this as you may have to rely on it one day.
Apply To Trust Payments Here For Your Merchant Account.
Installing The Trust Payments Plugin (Updated 3SDv2 October 2023)
Quickly install the trust payments plugin using the video below. Once you have been accepted by them, ask for them to create a web services username and password
High Risk Payment Gateways
High Risk Payment Gateways run slightly different to traditional payment providers such as Stripe and Paypal. These companies usually take the back seat and don't want any contact with you. Where as a High Risk Payment provider such as Trust Payments wants to create a relationship with you, and build your company together to keep chargebacks and bad business to a minimum.
Other Business that this article can apply to:
- CBD Oils Payment Gateway / Payment Merchant
- Vaping Payment Gateway / Payment Merchant
- Travel Agencies and Tour Operators
- Gambling and Casinos
- Cannabidiol (CBD)
- Crypto Currency / Cryptocurrency / Virtual Assets
- Furniture
- Nutraceuticals / diet control substances
- Tobacco Sellers - Cigars Stores and Stands (MCC 5993)
- Money remittance
- Ticket Agencies / Brokers
- Taxi cabs and Limousines
- Art Dealers and Galleries
- Auction houses
- Computer programming
- Contact Lenses
- Counselling Services
- Dating and/or Escort Services
- Debt Collection
- Digital Pass-through Wallet
- Discount Stores
- File sharing services, (e.g Cyberlockers)
- Investments (including Binary and Forex)
- Insolvency Practitioner
- Jewelry, Precious Stones and Metals
- Lotto Syndicates
- MarketPlaces
- Real estate brokers / Property rentals
Apply To Trust Payments Here For Your Merchant Account.
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