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How to choose a payment aggregator for online casinos

how to choose a payment system for online casino

Choice systems for payments in the iGaming industry is a key point when launching any online or Telegram casino. But since there are many options on the market, and each payment aggregator for casinos offers its own unique conditions, it is very difficult to choose a reliable provider. It is important that the use of the website is not only as comfortable as possible, but also offers convenient payment methods. Let's take a closer look at what kind of casino payment solution should be connected to an online casino platform and what criteria should be used to choose it.

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How to choose a payment aggregator for a casino?

Payment system for casinos must ensure that transactions are executed in a way that provides a high level of service at all times of the day. In addition, it is important to consider the reliability, speed of transactions and supported payment methods for casinos. Let us consider the main criteria for choosing an intermediary for the gambling industry.

The importance of a variety of payment methods

It is critical for online businesses to offer a wide range of payment methods. This allows you to not only meet different customer preferences, but also increase conversion rates. When a customer sees a payment method that is familiar and convenient to them, the likelihood of completing a purchase increases significantly. In addition, a variety of payment methods helps businesses reach a wider audience, including international customers who may prefer different payment systems.

Use of convenient payment pages

A potential customer can easily refuse to use the services of a gambling platform if he or she is offered an inconvenient or questionable payment page. To dispel any doubts, payment solution for casinos should allow for personalization and optimization of the payment page. Such a page should contain the following data:

  • full information about the order;
  • data on security measures;
  • availability of service providers' logos and security certificates;
  • secure https connection;
  • minimum number of steps to complete the payment.

Speed of response from the support team

Since financial transactions in iGaming are performed 24/7, any problems should be resolved promptly. Only in rare cases can there be a delay in response if:

  • complicated diagnostics or adjustment is required;
  • the online casino payment system is down because of a large-scale failure and the support team received many similar requests.
payment aggregator for online casinos

Fraud monitoring system

Anti-fraud is a technology that prevents suspicious or fraudulent transactions. It is important not only to have this system but also to customize it for a particular website. Thus, the provider must meet the following criteria:

  1. Provide the ability to customize fraud monitoring parameters.
  2. Identify possible risks for your website.
  3. Identify dangerous fraudulent schemes.
  4. Have flexible settings for anti-fraud protection.

Online casino payment system commission

Usually, gambling platforms do not charge fees, but a casino payment system may well do so. Transactions involve such parties as:

  • acquiring bank;
  • international payment system;
  • the issuing bank;
  • an intermediary, for example, a payment aggregator for online casinos.

In this case, the commission consists of fees an international online payment system for casinos, fixed payments to the acquiring bank, and interbank fees. In some cases, the system charges additional fees because gambling platforms are classified as "high-risk" and chargebacks are possible.

In general, the commission can vary depending on many factors: online casino payment system, card category, payer's region, and others. Therefore, it is worth paying attention to providers that have optimal conditions and the amount of fees.

Speed of online transaction processing

The majority of modern online casino payment systems conduct transactions as quickly as possible, and the specific duration of the process depends on the online casino payment methods used: from several seconds to a day. At the same time, bank transfers can take up to 5 business days.

Support for global online payments

A casino payment system should provide fast card processing and the ability to accept payments from anywhere in the world.

Security of online transactions

A modern casino payment platform should ensure security for both players and operators. This is an important factor when choosing a potential operator. A system is considered secure if it meets the following criteria:

  1. It uses the SSL protocol.
  2. Complies with the PCI DSS standard.
  3. It uses 3-D Secure technology.

A reliable online casino payment system increases the competitiveness of the platform. The online casino payment system should be compatible with international security standards.

Reliability of the acquiring bank

It is important to find out which banks the company cooperates with online payment system for casinosand check their reputation through independent resources: customer reviews, ratings, and status. The longer a bank has been engaged in online acquiring, the better its technical processes are established.

Reports and online analytics

Convenient access to transaction information is very important for online casinos. It is ideal when you can quickly generate reports or analyze individual transactions.

Popular payment methods for casinos

An online casino payment system should support various online payment methods for casinosincluding cards, bank transfers, and cryptocurrencies, making the payment process convenient and fast. When depositing, players often use the following casino payment methods:

  • Credit and debit cards.
  • Electronic wallets.
  • Online banking.
  • Cryptocurrency.
payment system for online casinos

Withdrawal methods

For players, it is important that the online casino payment system allows for fast withdrawals and offers the same methods as for deposits. Below, you can explore what the most popular online casino payment and withdrawal methods are:

  • Bank cards VISA, MasterCard.
  • Neteller e-wallet.
  • Skrill e-wallet.
  • PayPal system.
  • Bitcoin.
  • Trustly online banking system.

Ideally, a reliable payment aggregator for online casinos guarantees a wide range of payment and withdrawal methods that are suitable for both betting and cryptocurrency transactions.

Casino payment platform: complexity and cost of integration

The connection of a payment system involves setting up the interaction of the website with the payment tool. When choosing an online casino payment system, it is important to pay attention to the available integration methods. The most time-consuming option is to use the API, which is a server-server programming interface. This allows the website administration to customize the payment page in the desired format and design. The payment operator performs acquiring and provides full access to information about the transactions made. A casino payment platform can offer different integration costs, which vary depending on the operator's conditions. However, there is a simpler integration option - the creation of a secure payment page. In this case, the user is redirected from the website of the gaming platform to the page of the payment system or an iframe generated by an intermediary is opened on the website. However, such a page will not be stylized to match the design of the gaming site. It is ideal when it is possible to connect a multifunctional payment aggregator for casinos that ensures the security of transactions, a user-friendly interface, and a wide range of tools for conducting transactions.

Conclusion.

When choosing a casino payment solution, you should first of all pay attention to transaction fees and withdrawal speed. Besides, some online casino payment systems specialize in working with international banks and support transfers from different countries. This is a huge advantage, as it allows you to work with customers from almost all over the world. In general, it is important for igaming operators to take into account all the features of the platform to ensure uninterrupted payments and a comfortable game for customers.

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