The development of online casino software solutions is impossible without the integration of financial instruments. The presence of efficient and secure modules is a factor that affects the relevance of the project and the trust of users.
Our experts have prepared a list of the most popular financial services in 2022. With their help, a turnkey casino will definitely reach a new level of quality and profitability.
A digital financial module is a multi-component online tool that provides money transfers between the participants in a transaction. In fact, this is an interactive intermediary between the gaming site and players, whose tasks include:
When choosing financial instruments for a turnkey casino business, operators must take into account the following factors and nuances:
The region is considered the most “mature” in the field of e-commerce and gambling niche. The euro is the universal national currency in 19 states and is officially recognised as a pan-European instrument for conducting transactions.
The EU also pleases players with a wide variety of local and alternative payment methods. To enter a new sales region, it will not be superfluous to study the most popular and sought-after options.
The most popular payment systems in European regions in 2022
The country is the largest participant in the e-commerce market, with 92% of the adult population utilising internet services.
The most common financial method in Britain is PayPal transfers. Wallets of the system are regularly used by 29% of local consumers.
The second most popular program is Open Banking. This is a unique digital product that allows people to connect to 48 local banks and make transactions in real-time
The local population widely uses both traditional debit and credit cards and alternative financial methods.
Among the most popular German services, we can name:
Despite the great popularity of traditional banking instruments, residents of the country prefer to use the local iDeal online solution.
According to the Statista analytical centre, more than 69% of all online purchases in 2021 were accounted for by iDeal
There is no leader in the field of online payments in the local market. The population of the country actively uses both banking and alternative services, including:
By the end of 2021, projected earnings of the electronic financial market reached 13,545 million dollars. The industry is increasing by 7.28% per year.
Bank transfers remain the most popular method in the country but there are several alternative services, which are also in demand:
Carrying out transactions within one system or bank is easy. However, when operators decide to buy online casino projects and accept all popular types of currencies, they will need a specialised merchant account.
Entrepreneurs cannot independently manage accounts in several banks or take responsibility for the control of each transaction. Therefore, the supervision of the financial turnover of a company is entrusted to the processing centre.
A merchant account is remote. It receives funds after gamblers place their first bet.
On the part of the consumer, payments within the framework of a turnkey casino solution look very simple: it is enough to make the initial deposit, select and launch the game, and place a bet.
The procedure of transfer of funds consists of a chain of automated processes:
Operators can choose between the 2 working formats:
The requirements for opening a merchant account are generally standard in most foreign jurisdictions.
Business owners must comply with the following standards:
An application for opening an account is considered for several days. If approved, operators receive a real letter and/or an e-mail with the company’s unique ID and keys to encrypt financial data.
Opening a commercial merchant account gives entrepreneurs the following benefits:
The more financial methods are presented on the gaming site, the wider the coverage of the project’s audience. Moreover, entrepreneurs must be guided by market trends and provide customers with relevant services, depending on the purpose of the payment. For example, Visa/MasterCard card transfers are most often used to place occasional small bets, while Skrill offers a loyal commission for large sums of money.
From the 2WinPower studio, you can order the best turnkey online business along with the most popular financial instruments in 2022:
A unique feature of the system is the ability to directly transfer funds from a user's bank card. This approach guarantees an instant and secure transaction.
Besides, the program provides a table of limits that can be configured by operators and users. The last option is relevant for gamblers who suffer from ludomania.
This is one of the most popular international payment instruments that have found a good response from foreign developers of providers of gambling products. The program is available in 160 countries all over the world and has the following benefits:
It is one of the most complex financial instruments with unique protection technologies. The program does not qualify as a payment system since money transfers are made using special internal coins.
One of the features of the service is that it creates a separate wallet for each type of currency.
Operations based on the platform are carried out without commissions. Besides, the system offers a wide range of methods of depositing and withdrawing funds, up to direct transactions to bank and mobile accounts.
Since 2020, the company has begun cooperation with cryptocurrency exchanges and added the option of making payments in Bitcoins.
The world's largest banking system, whose services are available in more than 200 countries all over the world. Users of the product can make any type of online payment and utilise plastic cards. Moreover, there are several types of solutions for credit, debit, commercial, and other accounts.
Since 2020, the Visa corporation has been supporting cryptocurrency transfers within the system. Digital coins can be stored on deposits or used for everyday purchases, paying for casino bets, etc. Moreover, people have an opportunity to order a special cryptocurrency plastic card. All transactions with virtual assets are automatically converted into euros.
We are aware of the latest industry trends and offer such popular solutions as:
Leave an application to our specialists, and we will help you establish the business of your dreams.
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