Credit card processing fees in the betting industry can vary based on several factors, such as the size of the bet, transaction volume, and the risk associated with the bet type. Typically, these fees are:
Transaction Fees: A percentage charged per transaction. This may be higher for high-risk markets or larger bets.
Authorization Fees: A fixed fee for each authorization request, regardless of approval or rejection.
Monthly Fees: Ongoing charges like account maintenance, platform access, and statement generation.
Chargeback Fees: Costs incurred when a player disputes a transaction, with additional penalties if chargebacks go over acceptable limits.
At PayCompass, we provide transparent pricing with competitive rates, ensuring all costs are clear upfront. Our goal is to offer cost-effective solutions that align with your business’s financial planning and allow you to focus on growing your business.
At PayCompass, we provide you with clear pricing and competitive rates so you know exactly what to expect. Our mission is to offer cost-effective sport betting payment solutions that line up with your sportsbook’s financial needs, helping you focus on growth in the industry.