KENYA ONLINE Payment systems for iGaming under the microscope of Slotegrator’s new article 2 years ago Samuel Post Views: 314 Online casinos and sportsbooks need to know the most popular payment methods in every market in order to offer their players the ones they need. A new article from Slotegrator details. Players in every market have their own preferences when it comes to payment methods. While credit cards like Visa and Mastercard are popular around the world, they’re not a skeleton key; legal restrictions, access to bank accounts, and other barriers can drive players towards a variety of alternative methods. In the UK, the use of credit cards for gambling transactions is prohibited. Instead, players use PayPal, debit cards, and open banking, which uses APIs and open-source technology to increase security and transparency. Sofort, a payment service that promises smooth and secure transactions, is popular in Germany, Austria, Belgium, and the Netherlands. Access to traditional financial products is rare in Latin America, where it’s estimated that only half of the adult population has a bank account and less than 20% have a credit card. Aside from players’ lack of access, another barrier is that financial institutions often refuse to cooperate with gambling enterprises due to fears of criminal connections. As a result, players expect to use other payment methods. In African countries like Kenya, money transfers using a mobile phone account, such as M-Pesa, have become wildly popular, especially among the continent’s large population of sports bettors. In Southeast Asia, players make transactions using payment processors 2C2P, Thaiepay, and Paysbuy. To learn more about these payment methods, as well as those that are widely used in Brazil, Portugal, India, Nigeria, and other countries, read the full article here. About Slotegator Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators. The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems. The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting. Slotegrator also provides consulting services in gambling license acquisition and business incorporation. About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: M-pesa, payment method, Slotegator Continue Reading Previous Armadillo Studios releases Queen of Egypt: Exotic WildsNext Playtech Company Declines Aristocrat’s $3.7 Billion Takeover Bid More Stories ONLINE SOUTH AFRICA SOFTSWISS Unveils South African iGaming Market Overview 7 hours ago Szarlot ONLINE SOUTH AFRICA SA Gaming Offers Premium Live Games 7 hours ago Iwo Bulski BETTING KENYA University student hangs self after losing KSh15,000 school fees to betting 8 hours ago Samuel BETTING KENYA Bangbet Charges Ahead with Renewed Sponsorship for Josiah Kariuki 8 hours ago Samuel ONLINE SOUTH AFRICA Top Betting Sites in South Africa Featuring the Aviator Crash Game 1 day ago Szarlot GAMES ONLINE Pragmatic Play introduces a twist on picture bingo with Animingo 1 day ago Samuel ONLINE SOUTH AFRICA Nolimit City launches in South Africa 2 days ago Samuel ONLINE What Is Blockchain? 2 days ago Szarlot BETTING KENYA Odibets unveils Sh5m sponsorship for Kenya Women 3X3 basketball team 3 days ago Szarlot NIGERIA ONLINE Nigerian crypto fee hike invitation for crypto “big boys” 3 days ago Szarlot EXPERTS KENYA Tappi expands services across Africa beyond Kenya and Nigeria 3 days ago Samuel KENYA ONLINE iGaming’s Global Growth: From Africa to North America 3 days ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.