Visa and Mastercard classify iGaming under merchant category codes that carry the most restrictive monitoring and compliance requirements in their systems. Operators assigned these codes face mandatory enhanced due diligence, transaction frequency caps, rolling reserve requirements that can hold a significant percentage of processed volume, and regular compliance audits conducted by the acquiring bank. Exceeding any threshold can trigger financial penalties or account termination without a cure period.
These restrictions exist because card networks view iGaming as a category where regulatory violations, player disputes, and cross-border compliance failures create risk for the entire payment chain. iGaming payment processing through 27 Blockchain removes the card network from the transaction, which means the merchant category code restrictions, monitoring requirements, and compliance audits that apply to card-based iGaming processing do not apply to crypto transactions processed through blockchain infrastructure.
