Day: November 1, 2024

What to Look For in an iGaming Payment GatewayWhat to Look For in an iGaming Payment Gateway

A quality igaming payment provider is a secure platform that enables online gambling businesses to process transactions. It supports multiple methods, ensures compliance with regulations, and provides fraud protection to create a seamless payment experience for players. The right solution can reduce transaction failures and boost user trust. It can also help iGaming operators increase revenue and profits by enabling hassle-free prize money payouts.

What is an iGaming Payment Gateway and Why It’s Essential

The iGaming industry is rapidly expanding, and reliable iGaming payment gateway solutions are essential to its success. The UK’s booming market requires fast, secure, and convenient payments that comply with strict regulatory standards. A good iGaming payment gateway should offer a range of payment options, including credit and debit cards, e-wallets, bank transfers, checks, and cryptocurrency payments. iGaming payment gateways can be provided as hosted payment pages, re-directing users to the provider’s servers to enter their payment details, or they can be directly integrated into the gaming platform.

Ideally, a good iGaming payment gateway should support multiple global currencies to cater for the diverse needs of international audiences. In addition, it should be able to handle a high volume of transactions without affecting the customer’s experience. It should also provide robust security measures to prevent cyberattacks and data breaches, which is crucial for building trust with customers.

Other important features to look out for include a fast, single integration and competitive fees. It is also a good idea to look beyond processing fees and find out whether the gateway offers ancillary services that could help reduce overall costs and improve efficiency. For example, many providers offer integrated KYC and AML to streamline business processes and enhance compliance.

The Value of Live Sports to Streaming PlatformsThe Value of Live Sports to Streaming Platforms

Streaming has become the dominant form of video delivery, but live sports are still a major draw. They boost engagement and attract new subscribers. They also drive significant ad revenue and merchandise sales. This article explores why live sports have become such a key asset to streaming platforms and what the future holds for this genre.Website

The Value of Live Sports

While linear pay-TV still maintains current rights to many popular sports, the tide has definitely shifted as emerging digital platforms continue to acquire more of these live TV and sports media rights. These rights deals are a clear indication of how comfortable viewers have become with accessing sports content without the need for traditional cable and broadcast television.

This shift is driving significant changes to sports viewing habits. eMarketer predicts that in 2025, more than 25 percent of Americans will watch live sports on a streaming service rather than on traditional television. This is a big deal for both sports teams and streaming services as it represents an opportunity to reach more consumers, especially the younger demographic.

Additionally, live sports events generate high viewer engagement and a loyal fanbase that is more than willing to pay for the privilege of watching their team play or the event as it unfolds. This is a significant reason why platforms such as Netflix and Amazon Prime invest in sporting events and are able to offer them at affordable prices. These ad-supported offerings help them achieve high subscriber growth and attract new audiences. In addition, esports (sports competitions using video games) have also begun to make an impact in the industry.