Cash Prizes merchant account and payment gateway
Cash Prizes are given away daily on competitions sites, with their simple yet effective business model and formula. Customers buy a ticket for a competition and a winner is picked randomly once the competition is over.
These websites are successful because customers love the winning feeling whilst others like to test the waters and chance their arm. Ticket prices are affordable this means that competitions are easily accessible for a wide range of the UK population.
The cash prizes are attractive to everyone, this will give those giving away cash an advantage over these businesses because they have a wider target demographic available to them. The chances of winning are equal for every entrant, postal or online.
Cash giveaways websites will find it hard to find payment processors because of their high-risk nature.
However, at Paytriot Payments we specialise in the competitions sector. We can provide you with a merchant account, just like we do for hundreds of other competition websites. A merchant account allows you to take payments on your website. The money you process is acquired by Paytriot and released to your business bank account.
We also offer a payment gateway where you can login and see the transactions made by customers. There is a 3d secure system in place when customers are making transactions, protecting your business from fraud. We can ensure that we protect details of all customers and follow the guidelines and laws of data protection.
Who are Paytriot Payments?
Paytriot Payments is a UK based payment provider that provides merchant services to businesses looking to accept payments online or over the phone based in the UK and Europe. Paytriot is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and is listed with Visa and MasterCard to process card payments directly.
Our team has gained years of experience in multiple sectors in the industry and would be able to fully understand your business model whether your business sector is in a complex low risk or high-risk industry.
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