You left out the mantra of the transformation of the Gaming and Gambling Industry that has been influenced by the role of cryptocurrencies. In a world where digital assets are becoming more ubiquitous, gaming and online casino platforms are leading in the way with a staggering share of 40% of all Bitcoin transactions. For operators, adding crypto payments is a once-in-a-lifetime chance to develop their platform and create interest with a wider, more tech enabled group of players.
The Attraction of Crypto for the Gaming and Gambling Industry
The ever increasing demand for cryptocurrencies in the Gaming and Gambling industries is not a fad but driven by player needs. Today, gamers and betters demand faster, safer, and more private transaction systems than traditional banking systems.
With crypto, deposits and withdrawals are immediate and not bulky, and this is no doubt better than the long time taken by banks or mediators. In iGaming, where real-time games and live bets reign supreme, speed has a huge impact on the player experience.
Furthermore, cryptocurrencies are stateless. The global id allows operators to cater to a broader international viewership without the issues of currency exchange or high transfer charges. As a consequence, bookmakers gets access to new markets, new types of players and enhanced new customer acquisition numbers.
Moreover, using the crypto provides more privacy. Transactions are secure on blockchain and semi-anonymous, which makes players feel safe when it comes to financial data. This caliber of safety is a real selling point, particularly in a time where online privacy worries come to a head.
Ease of Crypto Integration with PP Head Solutions
Some bookies are terrified about the idea of accepting crypto on their platform. Thankfully, when it comes to going from the word wide web to Pay Per Head (PPH), this jump is seamless. These suppliers provide ready-made products for our quickly changing Gaming and Gambling Industry.
PPH Service takes care of the technical side of you using cryptos. They establish secure digital wallets, make sure they are complying with local regulations and provide customer support designed for crypto users. This gives operators the ability to concentrate on growing their business, offering players a new and dynamic way of making payments.
The benefits of working with a PPH provider are even greater than mere integration. The use of cryptocurrency as well as many other benefits of this form of payment significantly lower transaction costs and remove the threat of expensive chargebacks that are a problem also with credit card processing. Plus, adopting crypto bolsters a platform’s image as progressive and future-facing, something that’s key to court a younger, digitally native user base.
It also keeps operators up to date with trends in the industry by providing them with a crypto payment system. With more players served with modern, dynamic payment alternatives, early adopters will enjoy a competitive advantage.
How to Future-Proof the Gaming and Gambling Industry
The Gaming and Gambling Industry has long been accustomed to innovation – and the advent of cryptocurrencies is a giant leap. Given the fact that crypto adoption continues to grow on a daily basis, betting platforms are under pressure to upgrade their payment infrastructures — or else risk being left behind.
By collaborating with PPHs, bookmakers can smoothly and easily add all of the betting options they need while getting closer to that significant profit with their PPH partners. (if not days) of feeling that rush of excitement in form of being verified / receiving a wallet / completing a transaction? I suspect not for much longer, but do let us know in the comments. Q: How do players want to transact with their casinos? Faster, Safer, Private Operators need to meet player expectations, which means providing a secure, fair and fraud-free environment for betting and paying, simply and quickly.
There is no doubt that cryptocurrencies will be a key part of the gaming and gambling landscape of tomorrow. The operators who move now, are not just meeting the immediate need, they’re future-proofing their offering for the next wave of bettors.
