Finding a Payment Processor for Sweepstakes/Giveaways

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ybnzoo

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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?
 
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Ask that same question on about-payments.
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This is definitely considered high-risk, so a lot of mainstream processors won’t touch it. I’ve seen people have some luck with PayOp and CoinsPaid when Stripe/PayPal shut them down. Another option is to go through a high risk merchant provider like Durango or PaymentCloud they specifically work with industries like sweepstakes and gambling-style models.

It usually costs more in fees, but at least you’ll have a stable setup without constant account bans.
 
Local wallets like CashApp are the primary payment method for sweepstakes games, cards serve only as a supplement to the payment options for users on the whitelist – an arrangement that offers high stability. We handle payment processors for most sweepstakes games in the US
Iamhim1302 said:
Do you have contact? I'm looking for the same services
Click to expand...
ybnzoo said:
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?
Click to expand...

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Maybe swift nine. I am not sure but thought they are active here as well.
 
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