Tips for Operators: Choosing a Payment Method for Your Online Casino

24 June 2014

Pick the Most Appropriate Money Transfer System to Start an Online Casino Business

Entrepreneurs who are looking to start an online casino business are sometimes unsure about which payment method they should use to make transactions with their customers. Taking into consideration that online casino businesses are not permitted all around the world, there are several payment processing services that do not allow transactions for gambling purposes. Even so, there are many payment processors that accept such transactions and have become popular amongst gaming enthusiasts.

Skrill is one of the top payment methods used by both casino players and operators who start an online casino business. Skrill accepts over 6 types of credit cards, bank transfer payments and checks. The most interesting feature of this payment method is that it processes transactions via email. By using this method, Skrill has managed to gain their customers’ trust, due to the familiarity of internet users with email.

Neteller is the second most well-known merchant that accepts payments related to gambling activities. This money transfer system is recognized for its top-notch security features and privacy. The fact that it offers fast, simple and secure services, and no transaction fees, makes it a favorite amongst casino players and operators who start an online casino business .

CoinBase is one of the top payment methods for entrepreneurs who start an online casino business with Bitcoin. CoinBase boasts several interesting features, such as high security and offline backups, which means that 97 percent of players’ funds are kept in offline bank vaults in order to prevent theft.

These are just a few examples of payment methods used in the online gaming industry, but operators who want to start an online casino business can discover more about other payment systems in our payment solutions section.

24 June 2014

Top Articles

23 February 2024

As a casino operator, you're always looking for ways to keep your players engaged and loyal. Enter gamification: a strategy that brings the engaging elements of video games into the online casino world. Think of it like...

25 October 2023

In the ever-evolving landscape of online gaming and entertainment, the demand for innovative and captivating sweepstakes social casino solutions continues to grow. While the United States has witnessed a burgeoning interest...

1 February 2023

Creating an online casino and starting a business in the iGaming industry is a great option for entrepreneurs who are interested in making a successful investment. The constantly-growing casino market is tempting, mostly...

21 June 2020

What is a payout percentage? Return to player or payout represents the percentage of the total bet amount that the casino has returned to the players, as wins. The value displayed on our website and inside our games...

10 February 2018

The first step towards starting an online casino which operates with real money is obtaining an online casino license. The products that we sell might require a casino/gambling license depending on the jurisdiction in which...

26 January 2018

Being considered just a virtual-world currency and not being legally recognized as a real money currency by any state in the world is the biggest advantage of Bitcoin. Using it as a currency for your casino and accepting...

20 May 2011

Guide about how to start your online casino website now Using our products, you get the opportunity to start your online casino website in 24 hours, without having to pay any monthly fees (you get to keep 100% of...