Globally, the casino market is very large. Casinos are a significant revenue contributor in the global gambling market. The global casino industry is diverse and competitive. It is due to the global presence of a large number of regional and international vendors.
Experts in the industry, on the other hand, predict 15.25 percent growth. The United States, Asia Pacific, Europe, the Middle East, Africa, Canada, and Latin America are some of the world's major casino markets. In general, Macau, Las Vegas, Nevada, Singapore, France, Atlantic City, and New Jersey earn the most money from the casino industry.
Why Online casinos are more preferred Than Land Casinos?
With the recent popularity of online gambling sites, land-based casinos are feeling the heat from their online counterparts and are on the verge of going out of business. Rates have dropped in the last year, owing to the fact that people must travel a long distance to visit a real casino.
People have to spend a lot of money to get to these traditional casinos. Before a client even enters the casino, the amount of money and time he or she has already spent is exorbitant.
As a result, consumers are opting to save money on transportation and other incidentals by channeling these funds into online gaming, where they can use their money for bets instead. Online casinos have an advantage because they provide their players with greater privacy and convenience.
Furthermore, online casinos provide a better and more vibrant gaming experience. Some online casinos have so many games to offer that players are at a loss for what to play. These games are even updated on a regular basis to ensure that customers have a positive experience. Due to their limited game selection, land-based casinos cannot compete with this.
EskayPay is one of the top service providers in the UK that helps casino merchants to ensure that they have safe and secure payment transactions for their business. EskayPay provides the following features and benefits to its online casino merchants: PCI-DSS Level 1, recurring billing, fraud prevention, a technical support team available 24/7, accepting SEPA, chargeback support, etc.
Alternative payment method for your online casino business
APMs, are any form of payment that isn't cash or a major international credit card brand.
Alternative payment methods must be an important component of your payment strategy. It is a conversion killer if you do not accept your customers' preferred payment method.
Customers prefer what they are familiar with. Why would they do something different to shop with you if they usually pay in a certain way? Why add extra payment friction and hassle when convenience is critical to closing sales? Allow them to pay their own way wherever they go.
And being reactive isn't enough. If you only begin offering APMs once they have reached critical mass, you will be too late. By this point, your prospective customers will have already spent money with competitors who catered to their needs earlier. Instead, you must be proactive and work to gain a thorough understanding of where local trends are headed so that you can exceed their expectations by providing frictionless, first-class payment experiences.
Here are some of the examples of alternative payment options such as domestic cards, cash-based vouchers, digital wallets like Apple Pay and Google Pay, or bank transfers.
Why choose EskayPay for your Casino Business?
- Let customers pay whichever they want
We accept a wide range of global and local payment methods. Every method is supported, from major credit and debit cards to digital wallets and local payment methods such as domestic cards.
- We provide local currencies for global consumers
Allow customers to pay in their native currency. This is convenient for both them and you. It also assists your customers in avoiding any additional expenses. In addition, your gaming company can avoid surcharges and international processing fees.
- Reliable Processing wherever you are
We provide domestic processing in nearly 50 countries to ensure that your business has a consistent payment flow no matter where it goes. This can also lead to higher approval rates, lower acceptance rates, and a reduction in foreign transaction fees for you or your customers.
EskayPay is one of the top Casino Payment Gateway providers in the UK and offers casino merchants multiple options such as transaction monitoring, automatic chargeback notification, velocity checks, fraud screening, and alternative payment options. With us, there are no application fees, and the underwriting process is quick and easy.
Email us at info@eskaypay.com
