Finding a Payment Processor for Sweepstakes/Giveaways

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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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.

360SocialSM said:

Durango or PaymentCloud

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Do you have contact? I'm looking for the same services