In this post, we continue looking at the case study on the benefits of bitcoin payouts for the gaming industry that PaymentEye just published. PaymentEye is a leading resource site in the global payment sector.
According to the case study, the following are the benefits that gaming merchants get out of using a regulated bitcoin payment processor like Payment21:
● Increased volume and accelerated cash flow.
● Higher deposits from new customer segments.
● Merchant expansion across all jurisdictions and serving new regions.
● Additional business due to marketing buzz in the Bitcoin community.
● No exposure to bitcoin volatility because of real-time exchange with legal tender.
● Savings in payout fees: 1% compared to significantly higher fees of competing
methods.
● Zero consumer fraud because of no chargebacks.
● Lowering of the minimum payout threshold.
● Technology-driven solution supporting merchants to enter the cryptocurrency space
using regulatory intelligence and mitigating risk.
● Payouts done in real-time or via batch processing in delayed-mode.
In the next post, we focus on cost-benefit analysis.
Case study URL: http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/
Topic: Compliance Hurdles for Licensed Gaming Operators when Accepting Bitcoin (Pt2) (Read 258 times)
March 03, 2017, 11:38:37 AM
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