When it comes to delivering new payment alternatives, iGaming has been at the forefront. Companies in the iGaming industry compete fiercely, and having intelligent, quick, and flexible payment options might be the difference between maintaining and losing a customer. As a result, the crypto payments gateway for the iGaming sector is a go-to option. Also, as a result, it has become a leader in sophisticated payment solutions. At iPint, we actively monitor and predict the trends that we believe will help us influence the future of iGaming payments.
Since the first online casino opened in 1994, the market for online gambling has grown dramatically. According to Juniper Research, online gamblers will stake roughly 700 billion dollars in 2018. That figure is estimated to exceed one trillion dollars by 2022.
One of the main reasons for this expansion is that iGaming firms have excelled in adapting and implementing new technologies. When it comes to mobile interfaces, the sector was at the forefront, and many iGaming businesses are now significantly investing in cutting-edge VR technology to better their consumers’ gaming experiences. Online payments are one of the most exciting areas where iGaming companies have been the innovators’ forerunners.
Benefits of iPint Usage in Online Gaming
Cryptocurrency adoption can help players avoid transactional and fraud issues when engaging in online gambling.
It provides:
- Cross-game interoperability
- Improved digital economies
- Simplified and decentralized payments
- Valuable and absolute ownership
Although cryptocurrency games and blockchain technology are technically complex, they benefit both players and developers. Here we list why you should use iPint to improve iGaming revenue.
Enhanced User Experiences
While game makers benefit from Cryptocurrency as they can store and move data, endure advanced data encryption, and decentralized blockchain technology provides continuous user data verification to virtually eliminate unethical behaviors. You can monetize in-game activities, which provides players with many options. They may rent the appropriate equipment, hire an assistant to help them meet their goals, and build a more robust digital economy for themselves.
iPint is gaining traction in the online gaming business because it is a handy, straightforward, and quick way to deposit and withdraw money from a casino. The majority of online casinos charge a little or no commission. On the other hand, traditional currency exchanges do not operate in this manner. When withdrawing or depositing funds, iPint transactions are instantaneous, so there’s minimal time to wait for funds to clear.
Anonymity
Money is not the only personal asset at risk when playing games online. Your data must also be kept safe. When you play at Bitcoin casinos, that will put your concerns about data theft and other cyber hazards to rest. Players who don’t want their names revealed may relax since online Bitcoin games are pretty private, as the created address changes every time you make a transaction.
Cryptocurrency transactions do not involve government agencies or banks, as previously stated. When you use Cryptocurrency, the casino only has access to your crypto wallet ID. As a result, one can lessen various banks’ and localities’ restrictions imposed on gamblers. Furthermore, anonymity makes it more difficult for hackers to access your financial information.
Highly Secure Environment
iPint is a risk-free and highly secure blockchain payment system. All transactions performed through the site are secure. Our API endpoints employ SSL encryption to protect user traffic while requesting data.
The lack of bureaucracy and solitary authority streamlines the transaction process while assuring security and safety.
Bitcoin enables a safe mechanism to exchange money, whether you’re making nano-payments or developers are selling their software. One can eliminate duplication and hacking of keys and illegal trade by constructing immutable ledgers.
When it comes to picking an online gambling site, most individuals prioritize safety. Gamblers want to be sure that their deposits and withdrawals are safe. iPint is an excellent payment option for both gamers and casinos. Because everything takes place in a transparent system, blockchain gaming is safe. Furthermore, no one can tamper with the Bitcoin transaction logs.
Fast Transactions
With iPint, you have the option of settling your account in stable coin or fiat cash much faster. Players may play their favorite games and make multiple purchases with confidence and speed, with no time lag.
There is no fear of chargebacks or frauds with the iPint payment solutions since they are dependable, secure, and efficient. Crypto is therefore appealing to high-risk company owners.
Empowerment
Smart contracts give developers additional authority to enable gaming restrictions with particular set parameters that eliminate trade vulnerabilities. It entails more trading control, laying the groundwork for a safe environment, fair commerce, ethical gaming, and more. Free economies and peer-to-peer transaction levies, similar to real-world financial systems, can also generate money for online gaming sites.
Minimal hassles
Bitcoin reduces some of their annoyances when utilizing traditional payment methods for casino operators. Bitcoin, for example, simplifies the user-operator interaction. You can consolidate all expenses and fees for online casinos, and the players pass the savings.
One Integration – Multiple Currencies
For all supported digital currencies, there is a single integration. The integration is completed in a staging environment for client testing before being deployed in the production environment. Your customer selects any cryptocurrency as their payment method and then preferred coin from the given list to pay or deposit.
Increase your Customer Base
The ability to accept bitcoin payments from anywhere expands your business consumer base and geographic reach. iPint offers risk-free, real-time conversion and seamless settlement. Firms with no prior experience with Cryptocurrency can begin taking cryptocurrency payments.
No Knowledge of Virtual Currencies required
iPint offers an end-to-end solution, allowing you to focus on your core business while we manage the conversion of digital currencies to other currencies. As a merchant, everything you will need to do is create an iPint account & integrate our payment gateway on your website or app. Our team will help you to integrate iPint APIs.
iGaming is becoming more popular, with more gambling sites allowing players to deposit cash and withdraw prizes using this digital currency. Bitcoin regulation will change quickly, and casino operators will be required to follow gaming rules to be licensed. Accepting Bitcoin, on the other hand, may help a casino stay ahead of the competition as more players choose to utilize this virtual money owing to its numerous advantages. Making Bitcoin one of the payment options for an online gaming business is advantageous because it allows for instant payouts.
Endure more benefits by using the world’s best crypto payments gateway. Sign up now.
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