Cryptocurrency Became Key Payment Method in iGaming

SOFTSWISS analysts found that cryptocurrency is now a central payment method in the iGaming industry, driving growth in emerging markets and strengthening its role in the sector’s future.

Crypto Payments Drive Growth in iGaming Industry

SOFTSWISS, a major global provider of iGaming solutions, prepared an industry report highlighting key trends for 2025. The document describes 15 significant trends across such areas as tech solutions, regulations, marketing, and business development within iGaming.

The report pays special attention to payment technologies. In this context, open banking and cryptocurrency payment solutions are among next year’s most impactful trends.

Open banking allows iGaming platforms to directly connect to users’ bank accounts, simplifying financial processes, eliminating the need for intermediaries, reducing fees, and enhancing security. It also enables the creation of more efficient and personalized payment solutions.

Crypto payments are cited in the report as a primary payment method in the iGaming industry. According to the SOFTSWISS survey, mentioned in the document, 58% of industry professionals recognize crypto as a key growth driver for iGaming projects in emerging markets, further strengthening its role in the sector’s future.

Alexander Pisarevsky, Head of Marketing and PR at CryptoProcessing.com, noted that cryptocurrency addresses essential operational challenges in the iGaming industry, providing global reach, low fees, and protection against chargeback fraud. Transaction costs drop from the standard 3.5% for traditional systems to 1%, which, along with other factors, increases the profitability of iGaming platform operators.

In H1 2024, one in five bets in the iGaming sector was made using crypto, with just over half of these transactions in Bitcoin.

Сообщение Cryptocurrency Became Key Payment Method in iGaming появились сначала на CoinsPaid Media.

HOT news

Related posts

Latest posts

Is Cardano (ADA) Lastly Shifting From Promote-Off to Accumulation?

Cardano was up by 4% over the previous 24 hours after a number of uneven periods earlier within the week. The crypto asset climbed...

New York alleges Kalshi is operating an ‘unlawful playing operation’ in new lawsuit

Kalshi, which is headquartered in New York, has already been sued by a number of states.

Ripple Simply Acquired Full MiCA Authorization in Europe However Fed’s Hawkish Tone Is Preserving XRP Capped at $1.10

Within the newest XRP Information, XRP value is buying and selling at $1.07, down 0.57% within the final 24 hours, because the asset continues...

UNI Simply Hit a 6-Month Excessive as Uniswap Rolls Out New Token Discovery Tab

UNI rose 13% over the previous 24 hours and reached $4.54 – a stage not seen since January this 12 months. The most recent...

Japan’s Bond-vs-Yen Dilemma Might Shake Bitcoin and Crypto: Analyst

Bitcoin’s response to the Financial institution of Japan’s newest coverage determination could look calm on the floor, however one analyst believes a a lot...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!