Industry guide · Underwriting Requirements

Sweepstakes and social gaming merchant account requirements

Underwriting is not looking for a reason to say no. It is looking for enough evidence to say yes, and most delays are a missing document rather than a decision.

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25+ YEARS

of payment processing
experience

25+ YEARS

of payment processing
experience

Underwriting Requirements · iGaming & Sweepstakes

One organized file. Fewer surprises.

A complete, accurate file saves back-and-forth and helps partners make informed decisions.

01Verify the business and principals
02Collect industry-specific documents
03Present the complete transaction story

What we review

Practical details. Real context.

Owner identification and verifiable business details.
Bank and processing statements where available.
Products, delivery, refund and dispute policies.
Additional industry and licensing records as required.

We translate your business model into a clear application, anticipated risk review, required licenses, customer journey, financial records and fulfillment evidence.

iGaming & Sweepstakes workflow

Know the transaction before the rate.

01Verify the player
02Accept eligible pay-ins
03Reconcile game activity
04Support approved payouts

Documentation checklist

Build a complete submission.

Game rules and player terms
Legal opinion or licensing as relevant
Player verification and dispute policies
Payment flow and settlement map

AltirasPay prepares and supports the file. The acquiring bank decides approval, pricing and terms.

Meet Pyper

Need help with the details?

Pyper can explain the steps, prepare questions for an expert and help you understand what comes next.

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How the money reaches you

Underwriting is reading a description of this path. The clearer it is, the less there is to ask about.

PLAYERCHECKOUTPAYMENT GATEWAYACQUIRING / PAYMENT PARTNER

Running alongside: KYC · GEOLOCATION · FRAUD · PLAYER LEDGER · PAYOUTS · DISPUTES.

What gets built for igaming & sweepstakes

Player Pay-In

Build a checkout experience around repeat players instead of forcing players through a traditional ecommerce checkout every time. Support processor-approved payment methods such as:

Player Payouts

Deposits and redemptions should not be treated as the same payment. Create a dedicated payout workflow supporting available rails such as:

Player Identity Controls

Integrate the checks a provider expects to see running before money moves in either direction.

Gaming Ledger

One financial record tying the whole player relationship together, so a question about a single dollar has a single answer.

Chargeback Defense

Build the evidence before the dispute happens rather than assembling it afterwards.

Show Us Your Player Journey.

We will help identify where payments, verification, payouts and reconciliation should live.

The exact document list depends on the business rather than the industry, so we resolve it against what you tell us instead of sending everyone the same checklist. Pyper can give you yours in about a minute.

Applying commits you to nothing and is not an approval. The acquiring bank decides placement, pricing and terms — we build the file and tell you honestly what it is likely to meet.