If you know the industry, you might think that the only solution left is to work with the MCC code.
No, it's not. As you know, the gaming industry is very dynamic and people constantly look for new ways to solve upcoming problems. Such a solution is to apply for a German license. For white-collar processing services, the presence of an application for a license was (and still is) sufficient reason to allow the Curacao company to work white-handed on the German market.
This possibility exists due to the transitional period in the legislative provisions for licensing in Germany. And yet, to submit such an application, even if there was no desire to receive it, it was necessary to prepare a package of necessary corporate documents and policies for the application to be accepted.
A few months ago, the German regulator realized that many applicants are abusing this opportunity and do not intend to get a license, but provide a minimum set of documents sufficient to apply. After that, a new procedure was introduced – now, to obtain a document on applying for a license, it is necessary to fully prepare the entire list of necessary documents, which will be pre-checked by the regulator before issuing such an application for a license, which increases the cost of the procedure and complicates preparation for it.
In addition, there is a small possibility of obtaining a white MCC code if there is a letter from lawyers that such an application is being prepared for filing or has been filed. Naturally, as alternative methods, you can use cryptocurrency or the Open Banking service.