With Instabill’s fantasy sports merchant accounts, fantasy league ‘commissioners’ can easily launch their own fantasy website where users can pay to create and join leagues. It only takes a free application to get started.
For credit card processing solutions for your fantasy sports website, Instabill offers a fast merchant account application process and an expert team of account managers to get you approved quickly. Simply click the button above to apply. If you have additional questions regarding our fantasy sports merchant accounts, feel free to contact a live representative directly by using the live chat feature below or by calling 1-800-318-2713 today.
Click to expand each section and learn more about fantasy sports merchant accounts.
Finding payment processing solutions for fantasy sports merchants can be difficult. In fact, Instabill can only offer solutions for fantasy sports merchants outside the U.S., due to each state having different laws regarding such.
Instabill utilizes an aggregate solution with a shared descriptor from one of our international banking partners. Our acquiring bank recommends merchants have at least six months of processing history and can process $100,000 per month.
Our merchant account managers are available directly by live chat (below) or by calling 1-800-318-2713, or click the button to get started.
Instabill offers numerous merchant account solutions for fantasy sports merchants:
The time it takes for fantasy sports merchant account approvals varies with the different solutions Instabill can offer, but here is an estimate:
The fees Instabill and it’s acquiring banks charge depends on several factors, such as the merchant’s processing history, projected sales volume and/or type of industry (high or low risk). Each merchant account is unique, but typical fees include, but are not limited to:
Should fantasy sports be considered gambling or skill? This seems to be the age-old question, but acquiring banks believe it is more gambling than skill, since there is money being wagered. We agree, but we also don’t discount the fact that fantasy sports involves a level of skill.
We side with the acquiring banks, that it is a form of gambling. And gambling, online or in a physical casino, is considered a high risk industry.
While U.S. banks tend to view fantasy sports as a form of gambling, credit card processing solutions are hard to come by. However, with two states recently legalizing the playing of daily fantasy sports (New York, Virginia), there are many more expected to follow. Although considered a high risk industry, banks will come to meet the demand in due course.
Instabill got its start in 2001 providing merchant accounts for online gambling and online dating websites.
View our Online Gambling Merchant Accounts page to find out about our many solutions and fast merchant account approvals.