Topic: How to struggle hard when you in choise of Payment Gate for Gambling project (Read 317 times)
June 01, 2022, 11:51:33 AM
I was wondering how common it is to use a crypto payment provider to deposit to Online Casinos at the moment? As I understand the method, you use your credit card and buy crypto that's then automatically converted and sent to the casino as real cash, but on your bank statement, the transaction will show a crypto transaction. Not a transaction to a Casino.
June 01, 2022, 07:51:35 AM
Why do payment methods ask me for my personal information and how secure is it?
First of all, some payment methods may require your passport or ID, I think the reason for this is to perform the verification process, complete the registration process and protect against fraud. Of course, you should do a detailed research on which payment method you used to avoid questions such as how secure is the payment method, which security company should be contracted with, and whether our data is sold?
June 01, 2022, 02:27:04 AM
Why do payment methods ask me for my personal information and how secure is it?
May 31, 2022, 09:01:37 AM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
The Asian online gambling market is very attractive due to the developing economy and population density, but the local government complicates the work with its conservative attitude. And if we consider your countries, I will come to the fact that
- 1. Online gambling is prohibited in China, including Hong Kong. But there is an opportunity to launch your online gambling project in Macau. However, since 2010, only 8 new gambling projects have opened in Macau, and since 2018 the list has not been updated at all, which suggests that new projects have not received a local gambling license for about 4 years.
- 2. Online gambling can be implemented in Japan, provided that the company must be registered in another country.
- 3. All types of gambling are completely banned in Thailand.
I recommend considering the Indian market, which is developing very well in this area due to the practical lack of regulation by the state.
And regarding payment gateways, based on the above, I recommend that you take a closer look at crypto payments, which greatly simplify access to the market for people in jurisdictions where gambling is prohibited. Since in most Asian countries, any transactions involving gambling sites can arouse suspicion from banks and, subsequently, from government regulatory authorities.
Most popular payment gates would be like:
- Stripe https://stripe.com/
- CoinPayments https://coinpayments.net/
- Coinbase https://commerce.coinbase.com/
- Skrill https://www.skrill.com/
- Bitpay https://bitpay.com/
- Cryptonator https://cryptonator.com/
- Elegro https://elegro.eu/
Summing up, it is worth considering that it is not easy to enter the Asian market. To do this, you will need, in most cases, an international gambling license and payment gateways that will be able to accept crypto payments.
May 31, 2022, 08:38:37 AM
Is there a list of companies that are engaged in connecting turnkey payment systems? and maybe there are reviews on such aggregators.
May 31, 2022, 03:05:44 AM
Can payment methods block or delete money in my account?
3 days ago, I sent money to about 6K different people using the payment method. Within 1 hour, a message followed. Please contact us to prove whether the transactions belong to you or not. Then I called customer service and did everything they told me to. He said that your transfers will take place within 20 minutes at the latest. When I entered the account afterwards, yes, money transfers were made, but the money was not sent to the people I transferred.
Then I wanted to connect to customer service, but I could not connect, I sent an e-mail, no response. Two days later, I saw a news about the company and it turned out that they ran away with about 128 million dollars. That's why it's so important that the company has proven its safety.
May 30, 2022, 12:27:42 PM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
from the places you mentioned i know quite clear that the only way you can pay this countries is to through cryptocurrency because this time cryptocurrency is now a global cryptocurrency or currency Which people from different regions accept easily for payment, because with cryptocurrency they can convert to USD and spend, from my opinion cryptocurrency is better for payment May 30, 2022, 11:31:13 AM
Can payment methods block or delete money in my account?
The main issue here is which payment method you used. This can be a bit dangerous if its reliability has not been proven.
May 30, 2022, 06:36:09 AM
In all honesty, I thought payment gateways were supposed to make withdrawals and money transfers easier, but it is more complex and with a lot more restrictions. I think these payment gateways were only created to make a "middle-man" profit and to serve as a regulated entity to track money transfers. 
I think the less complicated strategy will be to use Crypto for direct payments to a person's wallet and then have them dealing with the taxes and the whatnot that are applicable to their country. (They are responsible for their own taxes)
I think the less complicated strategy will be to use Crypto for direct payments to a person's wallet and then have them dealing with the taxes and the whatnot that are applicable to their country. (They are responsible for their own taxes)
May 30, 2022, 06:25:03 AM
Is it possible to withdraw money on PaySafe? the first time I've heard
This is one thing i dont know how to use it and how it functions for transaction things, if some body can give a lecture about this question i will be very impressive, and from all this new things i understand that gambling is diabolic, like what you don't know you see it come across your way and you will not handle it probably, paysafe i have not heard for it before but if nobody is ready to respond i will make founding to make sure study it and understand it for purpose May 30, 2022, 06:09:45 AM
Can payment methods block or delete money in my account?
May 30, 2022, 03:55:01 AM
How can fast payment services and loyalty systems help gambling and betting operators attract customers and minimize the costs of financial transactions?
May 29, 2022, 02:46:08 PM
Why would they have to use a thirdparty payment gateway when they can use crypto currencies? If they are using fiat, yeah, then it's their disadvantage and they have to struggle with the payment gateways and pay those massive fees when funds enter or moves out of the casino.
That's why most online casinos and players now prefer to use crypto currencies. No need for any third party payment gate way. They can set their own wallet within few minutes and start accepting payments without issue.
I think that many gambling sites are using a third party service right now. Dunno why but maybe it's going to be beneficial to them? And a third party service can offer features that we don't normally get when we accept crypto directly like they can do an instant trading between fiat and crypto or vice versa.That's why most online casinos and players now prefer to use crypto currencies. No need for any third party payment gate way. They can set their own wallet within few minutes and start accepting payments without issue.
And we know that many people are still new to crypto and are hesitant to use a crypto. There are also old crypto users that don't like the volatility of crypto especially when use in gambling that is why they can use a fiat. Depending on the payment provider, the fees can be manageable and not really that expensive so they need to choose wisely.
May 29, 2022, 08:40:19 AM
Have someone research for you what are the known payment systems for each of those countries. Because there could be conflicts if your payment system will be in crypto.
We've heard the news about China restricting crypto transactions.
And that's why you have to make a research first before deciding what is to accept and that depends on the demand for each of those countries if those are the countries as your target market.
We've heard the news about China restricting crypto transactions.
And that's why you have to make a research first before deciding what is to accept and that depends on the demand for each of those countries if those are the countries as your target market.
Maybe conduct a short market survey or just dig info over the net.
Because just like you said, since China has restrictions when it comes to crypto, it is not advisable to have payment in crypto only.
You will consider their fiat, CNY, and that will entail other legal requirements to fulfill to accept this method.
Japan and Thailand may be more acceptable with crypto payment, but then again, you need to research about their gambling protocols.
Every single payment method that will give them demand is what they must have. Any adaptable payment method that's friendly not just to them but mostly to their players for those specific countries is what they aim for.
It's actually one of the first moves that they have to do and that's good since someone has asked for it.
ty for advices
May 29, 2022, 07:35:36 AM
As a rule, an online casino allows you to withdraw funds only by the payment methods that were used for replenishment. Although there should be systems where this point is not important and the player can change. Is there such a thing on your list?
There are 2 types of withdrawal methods, primarily varying in countries and casinos.
In a type 1 casino, you will need to transfer the payout to this account from which the deposit was opened.
my preference is for the 2nd one
In the 2nd type casinos, you can withdraw money regardless of the investment method. If you have deposited with crypto, you can request a withdrawal with your visa or master card.
May 29, 2022, 05:18:25 AM
Is there a safety rating for a regular player on the list? Is the list checked for miscoding?
When collecting data, we necessarily took this factor into account. All payment systems specified in the dataset have an anti-fraud system.
May 28, 2022, 06:57:54 PM
Mostly preferred options now are cryptocurrency, banks, e-wallets and points.
That isn't the most preferred, but rather the ONLY options you can get for or from a gambling project. Can you think of other method of payment other than what you've mentioned? Real-life cash deposits? That would still rely on e-wallets since there would be no gambling project if not made possible thru a mobile or an online as a medium. I just am shocked to have no more ideas and thoughts on about what are the other options other than those you've mentioned lol.
May 28, 2022, 05:05:05 PM
If you are trying to open a gambling platform mostly with the payment method is in the different options for the local first like what are the possible way so the origin of the country has a lot of possible payment method because it is more convenient more to them and next they will accept a worldwide payment which is accepted all over the world so let the of people use their platform too at the same time. Mostly preferred options now are cryptocurrency, banks, e-wallets and points.
May 28, 2022, 04:54:08 PM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
I think starting with their local currency is a good start in knowing what payment systems should be accepted. At least, you must implement a function where they can conveniently convert their local currency to cryptocurrency so this could attract their attention if you were to open a gaming business in Asia.
In the Philippines, I highly suggest that you have an option to pay using our convenient mobile app (e.g. GCash) since such is already linked to several payment methods that can be conveniently converted and transferred from one currency to another. This kind of step must be discovered and studied by your team before implementing such option.
May 28, 2022, 12:10:20 PM
Have someone research for you what are the known payment systems for each of those countries. Because there could be conflicts if your payment system will be in crypto.
We've heard the news about China restricting crypto transactions.
And that's why you have to make a research first before deciding what is to accept and that depends on the demand for each of those countries if those are the countries as your target market.
We've heard the news about China restricting crypto transactions.
And that's why you have to make a research first before deciding what is to accept and that depends on the demand for each of those countries if those are the countries as your target market.
Maybe conduct a short market survey or just dig info over the net.
Because just like you said, since China has restrictions when it comes to crypto, it is not advisable to have payment in crypto only.
You will consider their fiat, CNY, and that will entail other legal requirements to fulfill to accept this method.
Japan and Thailand may be more acceptable with crypto payment, but then again, you need to research about their gambling protocols.
Every single payment method that will give them demand is what they must have. Any adaptable payment method that's friendly not just to them but mostly to their players for those specific countries is what they aim for.
It's actually one of the first moves that they have to do and that's good since someone has asked for it.
May 28, 2022, 10:35:37 AM
As a rule, an online casino allows you to withdraw funds only by the payment methods that were used for replenishment. Although there should be systems where this point is not important and the player can change. Is there such a thing on your list?
May 28, 2022, 05:48:34 AM
Is there a safety rating for a regular player on the list? Is the list checked for miscoding?
May 27, 2022, 11:46:54 PM
Why would they have to use a thirdparty payment gateway when they can use crypto currencies? If they are using fiat, yeah, then it's their disadvantage and they have to struggle with the payment gateways and pay those massive fees when funds enter or moves out of the casino.
That's why most online casinos and players now prefer to use crypto currencies. No need for any third party payment gate way. They can set their own wallet within few minutes and start accepting payments without issue.
That's why most online casinos and players now prefer to use crypto currencies. No need for any third party payment gate way. They can set their own wallet within few minutes and start accepting payments without issue.
May 27, 2022, 07:20:01 PM
I don't have any experience to answer about this, I've always played games of chance only as a player (end consumer) and fortunately I don't have to worry about these details.
But what I would like to add to the discussion is that the best way out of all this is the use of crypto in 100% of the receiving payment methods.
More security and less bureaucracy for everyone involved.
But what I would like to add to the discussion is that the best way out of all this is the use of crypto in 100% of the receiving payment methods.
More security and less bureaucracy for everyone involved.
May 27, 2022, 06:39:14 PM
Japan and China are going to vary because of their regimes attitudes towards crypto. China wants their citizens to use only their approved currency payment methods and generally they have capital controls to restrict freedoms. Japan is pro crypto and has an open currency system so I cant see the two would be comparable.
I'd advise people not to swap back and forth if possible, swapping to FIAT at these prices is not great timing just retain a modest amount in crypto for long term usage will save alot of hassle.
I'd advise people not to swap back and forth if possible, swapping to FIAT at these prices is not great timing just retain a modest amount in crypto for long term usage will save alot of hassle.
May 27, 2022, 06:26:35 PM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
Have someone research for you what are the known payment systems for each of those countries. Because there could be conflicts if your payment system will be in crypto. We've heard the news about China restricting crypto transactions.
And that's why you have to make a research first before deciding what is to accept and that depends on the demand for each of those countries if those are the countries as your target market.
Maybe conduct a short market survey or just dig info over the net.
Because just like you said, since China has restrictions when it comes to crypto, it is not advisable to have payment in crypto only.
You will consider their fiat, CNY, and that will entail other legal requirements to fulfill to accept this method.
Japan and Thailand may be more acceptable with crypto payment, but then again, you need to research about their gambling protocols.
May 27, 2022, 06:20:48 PM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
Have someone research for you what are the known payment systems for each of those countries. Because there could be conflicts if your payment system will be in crypto. We've heard the news about China restricting crypto transactions.
And that's why you have to make a research first before deciding what is to accept and that depends on the demand for each of those countries if those are the countries as your target market.
May 27, 2022, 04:01:57 PM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
If you'll use crypto then a normal crypto payment gateway would suffice but if you want to accept and send money thru their local fiat then search for those countries' local digital wallets (regardless of being a crypto supporting or not, you can still take their gateways accept their fiat then just convert it to your end). There are no such thing as Region-based payment system. If you really want a crypto-based payment system, then go chat all of existing platform's chat support then ask them for what gateway are they using.
May 27, 2022, 11:04:48 AM
We want to open a gaming business for Asian countries - Japan, China, and Thailand. What payment systems do you think will be convenient for this region? Thanks in advance.
May 27, 2022, 07:40:34 AM
Guys, tell me which gateways are suitable for the gaming market in Kazakhstan? I will be very grateful!
May 27, 2022, 05:01:03 AM
My casino works simultaneously in different countries. There are usually no problems with the EU, but there are always questions with the countries of the post-Soviet space. Payment systems do not match, there are no logical rules for licensing, and problems with currency conversion. Can you recommend some reliable methods that work here?
May 27, 2022, 01:21:29 AM
For a long time, I thought that all payment systems have good protection against fraud. This was until the scammers deducted a large amount of money from my account. Now I carefully study all the data protection and encryption tools when choosing a partner.
May 26, 2022, 03:04:59 PM
Casino taxation is a real headache. Those who have not done this will not understand. We somehow chose a payment partner who did not have VAT instruments connected. It is hell. It's good that the problem was pointed out to us in time, and we were able to solve it without significant problems.
May 26, 2022, 11:53:29 AM
PaySafe, and other type of pre-paid (or alternatively "gift-cards) - seems good as common payment method for gambling. I believe it is because in a lot of countries there are restrictions to use banking cards for gambling payments. And pre-paid card could be easily bought at market, and then could be used for cashing your gambling site.
However, pre-paid cards are the most popular for different scam and fraud schemes, so gambling operators usually have to be cautios with cliens who pay only with gift cards, without thorougfull validation, and who try to make deposit out shortly. So clients with pre-paid cards can face additional KYC checks whenever they try to cash out.
However, pre-paid cards are the most popular for different scam and fraud schemes, so gambling operators usually have to be cautios with cliens who pay only with gift cards, without thorougfull validation, and who try to make deposit out shortly. So clients with pre-paid cards can face additional KYC checks whenever they try to cash out.
May 26, 2022, 09:59:00 AM
Is it possible to withdraw money on PaySafe? the first time I've heard
PaySafe is an adequate payment system. You can buy vouchers to replenish your gaming account in the nearest store without registration. Still, in this case, you really won’t be able to withdraw money to this payment system since you don’t have a personal account. However, at PaySafe branches, you can also open a full-fledged card that you can use as a bank card. You can already withdraw money from it. May 26, 2022, 06:50:12 AM
Is it possible to withdraw money on PaySafe? the first time I've heard
May 26, 2022, 04:23:53 AM
Hello everyone, when I started working in one of the major casinos, I was faced with the task of expanding the list of payment systems. It was absolute hell. There are so many restrictions that it is challenging to keep it all in your head. Finding ways to replenish the game account was not tricky - almost any payment system can do this, but there were problems with the withdrawal of winnings. For example, you can replenish your account from a MasterCard, but you can sign it up not in all countries of the world. In addition, problems arise with PaySafe if the user does not want to issue a card.
May 26, 2022, 02:49:45 AM
There is a huge question for professionals in the online gambling industry. How to get customer's payments? Trivial but in detail a complicated issue. Legal & Licences restrictions, country's coverage and A/R rates, fees, delays, bank compliances, fraud protection, regulators' supervision and all small things could transform this common issue into a disaster. Especially whether you need not just get clients money, but when you want to send their winnings back.
Let's start with the most common and well-known system gates for gambling operators:
Name Link Traffic 04.22
CyberSource https://www.cybersource.com/ 13,880,000
Przelewy24 https://www.przelewy24.pl/ 10,830,000
Paysafecard https://paysafecard.com/ 4,816,000
CCBill https://ccbill.com/ 4,462,000
1Cupis https://1cupis.ru/ 4,141,000
If we rely on traffic data that might be enough. But, DNS-tracking is not that good an index to measure real convenience and popularity. Some payment gates use their inner technical domains to proceed with payments, so some real amount of client's payments could be hidden in such a data approach.
Let’s change POV and try to find out payment gates with the most amount of payment methods inside, so it be
Name Link Payment methods amount
Nuvei https://nuvei.com/ 550
PayU https://corporate.payu.com/ 400
Payop https://payop.com/ 300
EasyPaymentGateway https://easypaymentgateway.com/ 240
ApcoPay https://apcopay.com/ 240
Better? Well, not yet. This chart doesn't say anything about geo-restrictions. If we want to know the top payment gate for the USA, for example, we need to include country operations restrictions. And the new chart will be like this:
But if we seek for LATAM and Brasil spec, it’d be like this:
There are more than a hundred commercial payment gates for gambling operators, which are manifesting their proficiency and specialization at gambling. And more than forty large payment gates without that gambling-specialization-criteria.
Here is a short list of 29 (out of 90) payment gates to explore in more convinient form.
How to choose the best one for you after all? Which factors are concerned? Let’s name some of them
Those criteria are just the top of the head. Every platform has a unique set of business parameters. Most agents and turn-key providers can easily set up a common payment gate for you. But in most cases that might be expensive and inefficient. This might be not the first question when you just starting your brand new gambling project. But as soon as all platforms, CRM, and content questions are settled, your payment gate is strongly recommended.
And here are several questions,
Let's start with the most common and well-known system gates for gambling operators:
Name Link Traffic 04.22
CyberSource https://www.cybersource.com/ 13,880,000
Przelewy24 https://www.przelewy24.pl/ 10,830,000
Paysafecard https://paysafecard.com/ 4,816,000
CCBill https://ccbill.com/ 4,462,000
1Cupis https://1cupis.ru/ 4,141,000
If we rely on traffic data that might be enough. But, DNS-tracking is not that good an index to measure real convenience and popularity. Some payment gates use their inner technical domains to proceed with payments, so some real amount of client's payments could be hidden in such a data approach.
Let’s change POV and try to find out payment gates with the most amount of payment methods inside, so it be
Name Link Payment methods amount
Nuvei https://nuvei.com/ 550
PayU https://corporate.payu.com/ 400
Payop https://payop.com/ 300
EasyPaymentGateway https://easypaymentgateway.com/ 240
ApcoPay https://apcopay.com/ 240
Better? Well, not yet. This chart doesn't say anything about geo-restrictions. If we want to know the top payment gate for the USA, for example, we need to include country operations restrictions. And the new chart will be like this:
Code:
Name Link Traffic 04.22 Payment methods amount Regions
Przelewy24 https://www.przelewy24.pl/ 10,830,000 10 Canada, USA, Mexico, El Salvador, Panama, Colombia, Brazil, Argentina, Chile, South Africa, Cyprus, Turkey, Greece, Albania, Macedonia, Bulgaria, Romania, Ukraine, Hungary, Slovakia, Poland, Czech Republic, Austria, Slovenia, Croatia, Italy, Switzerland, Germany, Netherlands, Belgium, France, Spain, Portugal, Denmark, Ireland, UK, Norway, Sweden, Finland, Russia, Lithuania, Latvia, Estonia, Japan, South Korea, China, India, Thailand, Vietnam, Taiwan, Malaysia, Indonesia, Australia, New Zealand
Paysafecard https://paysafecard.com/ 4,816,000 100 Arabic, Bulgarian, Croatian, Czech, Danish, Dutch, English, Finnish, French, Georgian, German, Greek, Hungarian, Italian, Latvian, Montenegrin, Norwegian, Polish, Portuguese, Romanian, Russian, Serbian, Slovakian, Slovenian, Spanish, Swedish, Turkish, USA
CCBill https://ccbill.com/ 4,462,000 18 Andora, Austria, Bear Island, Belgium, Bulgaria, Canada, Channel, Island, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Ireland, Isle of Man, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia,Slovenia, Spain, Sweden, Switzerland, Turkey, UK, USA, Vatican City
Bambora https://bambora.com/ 1,266,000 200 Australia, Canada, Denmark, Finland, Norway, Sweden, USA
PaySafe https://www.paysafe.com/en/ 576,773 13 Dublin, London, Vienna, Miami, Canada, USA
Adyen https://docs.adyen.com/ 559,640 65 Australia, Belgium, Brazil, Canada, China, Czech Republic, France, Germany, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Portugal, Poland, Singapore, Spain, Sweden, UK, USA
Payvea https://payvea.com/ 545,198 100 Europe, Asia, USA
Przelewy24 https://www.przelewy24.pl/ 10,830,000 10 Canada, USA, Mexico, El Salvador, Panama, Colombia, Brazil, Argentina, Chile, South Africa, Cyprus, Turkey, Greece, Albania, Macedonia, Bulgaria, Romania, Ukraine, Hungary, Slovakia, Poland, Czech Republic, Austria, Slovenia, Croatia, Italy, Switzerland, Germany, Netherlands, Belgium, France, Spain, Portugal, Denmark, Ireland, UK, Norway, Sweden, Finland, Russia, Lithuania, Latvia, Estonia, Japan, South Korea, China, India, Thailand, Vietnam, Taiwan, Malaysia, Indonesia, Australia, New Zealand
Paysafecard https://paysafecard.com/ 4,816,000 100 Arabic, Bulgarian, Croatian, Czech, Danish, Dutch, English, Finnish, French, Georgian, German, Greek, Hungarian, Italian, Latvian, Montenegrin, Norwegian, Polish, Portuguese, Romanian, Russian, Serbian, Slovakian, Slovenian, Spanish, Swedish, Turkish, USA
CCBill https://ccbill.com/ 4,462,000 18 Andora, Austria, Bear Island, Belgium, Bulgaria, Canada, Channel, Island, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Ireland, Isle of Man, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia,Slovenia, Spain, Sweden, Switzerland, Turkey, UK, USA, Vatican City
Bambora https://bambora.com/ 1,266,000 200 Australia, Canada, Denmark, Finland, Norway, Sweden, USA
PaySafe https://www.paysafe.com/en/ 576,773 13 Dublin, London, Vienna, Miami, Canada, USA
Adyen https://docs.adyen.com/ 559,640 65 Australia, Belgium, Brazil, Canada, China, Czech Republic, France, Germany, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Portugal, Poland, Singapore, Spain, Sweden, UK, USA
Payvea https://payvea.com/ 545,198 100 Europe, Asia, USA
But if we seek for LATAM and Brasil spec, it’d be like this:
Code:
Przelewy24 https://www.przelewy24.pl/ 10,830,000 10 Canada, USA, Mexico, El Salvador, Panama, Colombia, Brazil, Argentina, Chile, South Africa, Cyprus, Turkey, Greece, Albania, Macedonia, Bulgaria, Romania, Ukraine, Hungary, Slovakia, Poland, Czech Republic, Austria, Slovenia, Croatia, Italy, Switzerland, Germany, Netherlands, Belgium, France, Spain, Portugal, Denmark, Ireland, UK, Norway, Sweden, Finland, Russia, Lithuania, Latvia, Estonia, Japan, South Korea, China, India, Thailand, Vietnam, Taiwan, Malaysia, Indonesia, Australia, New Zealand
Stripe https://stripe.com/?utm_medium=paid-review-site&utm_source=quicksprout&utm_campaign=US/CA_quicksprout&utm_content=qsp11581 3,544,000 135 Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hong Kong, Hungary, India, Italy, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, UAE, UK, US, Indonesia, Philippines, Thailand
Adyen https://docs.adyen.com/online-payments/supported-payment-methods 559,640 65 Australia, Belgium, Brazil, Canada, China, Czech Republic, France, Germany, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Portugal, Poland, Singapore, Spain, Sweden, UK, USA
Directa24 https://www.directa24.com/ 273,765 28 Mexico, Brazil, Chile, Argentina, Uruguay, Paraguay, Bolivia, Peru, Ecuador, Kolumbia, Costa Rica, Dominican Republic, Galapagos Islands, India, China, Andaman und Nicobar Islands
EasyPaymentGateway https://easypaymentgateway.com/ 61,200 240 UK, Switzerland, Sweden, Spain, Russia, Romania, Portugal, Poland, Norway, Netherlands, Malta, Luxemburg, Latvia, Italy, Ireland, Iceland, Hungary, Greece, Germany, France, Finland, Denmark, Czech Republic, Croatia, Bulgaria, Belgium, Austria, Canada, USA, Argentina, Brazil, Chile, Colombia, Mexico, Panama, Paraguay, Peru, Uruguay, Australia, China, India, Israel, Japan, New Zealand, Singapore, Thailand, South Africa, Albania
GlobalPayments https://www.globalpaymentsinc.com/en-us/industries/gaming 27,263 140 Asia-Pacific, India, Philippines, Australia, Macau, Singapore, China, Malaysia, Sri Lanka, Maldives, New Zealand, Taiwan, Malta, Slovakia, Romania, Spain, Czech Republic, Russia, UK, USA, Brazil, Canada, Bermuda
PaySpacelv https://payspacelv.com/ 10,862 150 USA, Canada, Brazil, Mexico, Colombia, Austria, Belgium, Czech Republic, Denmark, France, Germany, Finland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, UK, Turkey, China, India, Thailand, Indonesia, Australia, Malaysia, New Zealand, Philippines, Singapore, Japan, South Korea, Taiwan, Vietnam, South Africa, Nigeria, UAE
MoneyNetint https://www.moneynetint.com/ 5,000 35 Andorra, Australia, Austria, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Monaco, Montenegro, Nepal, Netherlands, New Zealand, Nigeria, Norway, Philippines, Poland, Portugal, Romania, Russia, San Marino, Singapore, Slovakia, Slovenia, Spain, Sri Lanka, Sweden, Switzerland, Thailand, Turkey, UK, Northern Ireland, USA, Vietnam
Stripe https://stripe.com/?utm_medium=paid-review-site&utm_source=quicksprout&utm_campaign=US/CA_quicksprout&utm_content=qsp11581 3,544,000 135 Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hong Kong, Hungary, India, Italy, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, UAE, UK, US, Indonesia, Philippines, Thailand
Adyen https://docs.adyen.com/online-payments/supported-payment-methods 559,640 65 Australia, Belgium, Brazil, Canada, China, Czech Republic, France, Germany, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Portugal, Poland, Singapore, Spain, Sweden, UK, USA
Directa24 https://www.directa24.com/ 273,765 28 Mexico, Brazil, Chile, Argentina, Uruguay, Paraguay, Bolivia, Peru, Ecuador, Kolumbia, Costa Rica, Dominican Republic, Galapagos Islands, India, China, Andaman und Nicobar Islands
EasyPaymentGateway https://easypaymentgateway.com/ 61,200 240 UK, Switzerland, Sweden, Spain, Russia, Romania, Portugal, Poland, Norway, Netherlands, Malta, Luxemburg, Latvia, Italy, Ireland, Iceland, Hungary, Greece, Germany, France, Finland, Denmark, Czech Republic, Croatia, Bulgaria, Belgium, Austria, Canada, USA, Argentina, Brazil, Chile, Colombia, Mexico, Panama, Paraguay, Peru, Uruguay, Australia, China, India, Israel, Japan, New Zealand, Singapore, Thailand, South Africa, Albania
GlobalPayments https://www.globalpaymentsinc.com/en-us/industries/gaming 27,263 140 Asia-Pacific, India, Philippines, Australia, Macau, Singapore, China, Malaysia, Sri Lanka, Maldives, New Zealand, Taiwan, Malta, Slovakia, Romania, Spain, Czech Republic, Russia, UK, USA, Brazil, Canada, Bermuda
PaySpacelv https://payspacelv.com/ 10,862 150 USA, Canada, Brazil, Mexico, Colombia, Austria, Belgium, Czech Republic, Denmark, France, Germany, Finland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, UK, Turkey, China, India, Thailand, Indonesia, Australia, Malaysia, New Zealand, Philippines, Singapore, Japan, South Korea, Taiwan, Vietnam, South Africa, Nigeria, UAE
MoneyNetint https://www.moneynetint.com/ 5,000 35 Andorra, Australia, Austria, Bangladesh, Belgium, Brazil, Bulgaria, Canada, Chile, China, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Monaco, Montenegro, Nepal, Netherlands, New Zealand, Nigeria, Norway, Philippines, Poland, Portugal, Romania, Russia, San Marino, Singapore, Slovakia, Slovenia, Spain, Sri Lanka, Sweden, Switzerland, Thailand, Turkey, UK, Northern Ireland, USA, Vietnam
There are more than a hundred commercial payment gates for gambling operators, which are manifesting their proficiency and specialization at gambling. And more than forty large payment gates without that gambling-specialization-criteria.
Here is a short list of 29 (out of 90) payment gates to explore in more convinient form.
How to choose the best one for you after all? Which factors are concerned? Let’s name some of them
- Regions of operations - your gate has to be enriched with payment methods popular in target countries and be legally approved to work with country coverage by licenses.
- Fees and commissions. The gambling industry is well known for heavily commissions and royalties loaded, which makes it a very low margin in revenue, so every decimal of payment commission charge really affects a business efficiency.
- Security and Privacy. All gambling clients would prefer to keep their data safe and clear. Amount of measures and approaches in payment gates matters.
- Time to income delivery. Fraud checks and transaction clearance can transform an easy task to “get your money” into a struggle. Common approach “30-30” (getting transaction after full month after cleared report, i.e. you get money for successful payments May-payments in July, etc.). But it could be 30-60 or even 30-90 due to fraud protection regulations. Try to imagine what amount of reserves for winnings you have to keep if your RTP rates for example 93-96%.
- National currencies and exchange rates. Wherever every 0.1% of commission matters, getting low rates can significantly drop your total margin.
- Minimal revenue requirements. You can easily find good commissions and rates, but they work mostly on high revenues. Check if your platform revenue is high enough to get them.
- Time to AML, contract sign, and compliance check. Setting up a new payment gate can take years. Literally - years.
- Reputation and public issues. It might be hard to convince your clients to pay through the system if it ever was publicly discredited.
- Fraud protection. Gambling is a high-fraud-risk industry. You can't completely exclude chargebacks, but you want to believe that your payment gate does everything to decrease that amount.
- KYC tools. Such a pain to spend tons on marketing and not to have an opportunity to get your client a high deposit, because KYC restrictions are applied without any tool to recognize your client right in the middle of their payment.
- Licenses and regulators compliance. You really want your payment gateway to work with your license. And even more, you would love to have your gateway in compliance with our bank.
- VAT and taxes appliance. International VAT can drive everyone mad. You probably want to work with a partner who is experienced enough with VAT.
Those criteria are just the top of the head. Every platform has a unique set of business parameters. Most agents and turn-key providers can easily set up a common payment gate for you. But in most cases that might be expensive and inefficient. This might be not the first question when you just starting your brand new gambling project. But as soon as all platforms, CRM, and content questions are settled, your payment gate is strongly recommended.
And here are several questions,
- What payment gate do you use for your projects?
- Do crypto payments improve your business?
- What criteria are important for you?
- What issues have you experienced?
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