Payment Processor Tips for Casino Affiliates
Gaming affiliates are notorious for having issues related to payment processors. Not only do you need to become familiar with the terms and conditions, but you must be ready to deal with a variety of processing companies as you move from one affiliate program and casino to the next.
Here are five things you need to know about payment processors in the online gaming industry:
You Have Many Options
When it comes to online payment processors, the biggest name in the industry is PayPal. Unfortunately, this company does not work entirely within the online gaming space. This is no need for concern. There are many other companies that excel in this area including: Moneybookers, NETELLER, Click2Pay, and EcoCard.
With all of these payment processors you have the ability to pay and be paid (important to you as an affiliate) online.
Fees, Fees, and more Fees
Have you ever stopped to wonder how the payment processors make money? They aren’t helping you exchange funds with online casinos and affiliate programs for free. Every service charges fees when sending and receiving money.
Before you decide on a payment processor, make sure you are 100 percent aware of the associated transaction fees.
Where Do You live?
Not all payment processors work with people in all countries. You should only consider companies that are doing business with people in your part of the world. Some payment processors are better about this than others. For example, NETELLER is an industry leader because it offers service to customers in more than 170 countries.
Note: the processor you choose should ideally offer payments in your home currency.
Some are Safer than Others
Keeping your money safe is important no matter if you are making transactions through an online payment processor or simply stashing cash in the bank. Did you know that some companies take extra precautions when it comes to keeping your money, personal, and financial information safe and secure at all times?
Moneybookers, for example, uses various identity verification processes to minimize the risk of money laundering and fraud.
Earning money as an affiliate is a big deal. Having the money delivered to you on time and in full is every bit as important.
Since you are only an affiliate, you don’t have to worry about depositing money into an account. Instead, your primary concern should be getting paid once you refer a “real money” player.
NETELLER is an affiliate favorite because it deals in all major currencies including American dollars, British pounds, and Euros. Affiliates can be paid from their account via credit or debit card, bank transfer, or into another payment processor. NETELLER even offers its own debit cards, allowing you to withdraw your affiliate earnings from any ATM machine in the world.
What are your thoughts on payment processors? Leave a comment below discussing your favorites.