APPROVELY SUCCES STORY

Approvely Reduces Costs and Adds Instant Payouts for Major Daily Fantasy Sports Operator

$857K+

Monthly Processing Volume

98%

Chargeback Protection Rate

Industry

Online Gaming

Overview

A U.S.-based sweepstakes gaming operator faced urgent operational challenges when their prior payment provider ceased services, leaving thousands of players without the ability to deposit or cash out. The merchant turned to Approvely for a fast, compliant, and flexible payment solution.

Today, this platform processes over $850,000 monthly with 96.43% acceptance rates, 98.05% chargeback protection, and instant settlement across all payment types; all through a single integration.

Challenge

The merchant previously relied on a patchwork of solutions that failed to meet the needs of a high-volume sweepstakes platform:

  • Abrupt service disruption from their previous provider caused a 24-hour transaction blackout.
  • No real-time funding led to liquidity constraints and slower player payouts.
  • No unified system meant separate platforms for deposits, withdrawals, fraud screening, and reporting.

Rising concerns over chargeback risk, fraud, and regulatory exposure.

The Approvely Solution

Approvely rapidly deployed a full-suite solution designed for high-risk online gaming businesses:

  • Single-Platform Integration covering all payments (deposits and payouts), with built-in fraud controls.
  • Fast Onboarding: Merchant account stood up in under a week.
  • Full Chargeback Protection included across all transactions.
  • Instant Settlements: Every approved transaction is deposited instantly, improving liquidity and cash flow.
  • Direct-to-Debit & ACH Withdrawals: Simplified and accelerated player payouts, reducing friction.
  • Multi-Rail Payment Support including Visa, Mastercard, Apple Pay, Google Pay, USDC, and more.

U.S. Player Optimization: Fully U.S.-based cardholder routing and approval logic.

Results

Metric Value / Impact
Monthly Processing Volume $857,573.22 average
Acceptance Rate 96.43% (7,943 out of 8,237)
Chargeback Protection Rate 98.05% (7,209 out of 7,352 transactions)
Avg. Payout Amount $311 (via Direct-to-Debit & ACH)
Settlement Speed Instant for all approved deposits
Liquidity Gains Platform no longer pre-funds payouts
Integration Simplicity One unified platform across all payment needs

Payment Method Breakdown (Deposit Share by Count)

  • Visa: 52.2%
  • Apple Pay: 32.3%
  • Mastercard: 11.4%
  • Google Pay: 4.1%

This diverse payment mix supported higher player conversion while reducing decline rates.

Merchant Feedback

“Approvely restored our operations fast. Not only did we get back online quickly, but we now have the kind of control, transparency, and performance we always wanted. Having everything in one place, with chargeback protection, is a game changer.”

Conclusion

Approvely’s all-in-one solution delivered measurable outcomes in speed, fraud protection, and player experience. For merchants operating in high-risk sectors like sweepstakes gaming, Approvely is more than a processor—it’s a strategic partner that protects and grows revenue.

Optional Enhancements (If Available)

If you’d like to elevate this case study further, consider providing:

  • Before-and-after stats for acceptance rate or chargebacks
  • Time to onboard from initial signup to live processing
  • Number of players served / transactions per month
  • Qualitative insights from merchant support team (e.g., ease of use, reporting clarity)
  • Screenshots of the dashboard or reconciliation flow (anonymized)
  • Anything measurable around player satisfaction or retention since switching

Optimize Your Transaction Success

Boost your approval rates with Approvely’s advanced payment processing solutions. Achieve higher transaction success and enhance customer satisfaction with efficient, secure processes.

Boost your approval rates with Approvely’s efficient processing solutions. Ensure higher success in transactions and improved customer satisfaction.

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