|Posted: June 9, 2006, 10:32 am - IP Logged|
From my perspective (from Lottery Post's perspective) using something like Click2Pay for payments would be too expensive. Because Lottery Post is not an online gambling website (the only payments are for non-gambling memberships), Lottery Post can process credit card transactions through regular USA merchant accounts, which is much more reasonable as far as fees are concerned.
I pay fees for every credit card transaction that I process, so I don't get the full amount paid for memberships. If I used something like Click2Pay, those fees would be much higher.
Online gaming sites like casinos, sportsbooks, etc., need to use them, however, (and pay the higher costs) because USA merchant accounts will not do business with them.