In the world of iGaming, where adrenaline pumps and fortunes spin, smooth payments are the lifeblood of every operation. And that’s exactly where the right igaming payment gateway comes into play.
The right igaming payment gateway can help you avoid costly mistakes, increase customer satisfaction and improve transaction success rates. But a gateway’s services don’t stop there – they can even make or break your customer acquisition and retention efforts.
A gateway serves as the postal service for iGaming transactions – it processes and ensures that whatever form a player’s funds take, they arrive at their destination safe and sound. These transactions can be made via various means, including credit or debit cards, mobile payments, direct bank e-payments, digital wallets, check and other paperless alternatives.
Why iGaming Operators Need Reliable Payment Gateways
The best gaming payment gateway providers prioritize security, implementing robust fraud detection and prevention systems that protect players and merchants. They also provide optimised payment pages to maintain brand recognition and boost conversions, as well as specialised solutions for the iGaming industry. For example, Trustly offers a secure payment solution for the online gambling sector that integrates with Apple Pay, which is preferred by tech-savvy players and enhances the user experience.
Other iGaming specific payment solutions include the Mifinity virtual IBAN solution from a UK-based FCA regulated business that specialises in high risk sectors, and FinXP’s online gaming IBAN accounts. These are designed to be used with iGaming merchant accounts and offer enhanced features like multi-currency support, high IBAN payout limits and tight security protocols for both the merchant account and the player.