Title: Compliance Hurdles for Licensed Gaming Operators when Accepting Bitcoin (Pt2) Post by: Payment21 on March 03, 2017, 04:38:37 PM In this post, we continue looking at the case study on the benefits of bitcoin payouts for the gaming industry that PaymentEye just published. PaymentEye is a leading resource site in the global payment sector.
According to the case study, the following are the benefits that gaming merchants get out of using a regulated bitcoin payment processor like Payment21: ● Increased volume and accelerated cash flow. ● Higher deposits from new customer segments. ● Merchant expansion across all jurisdictions and serving new regions. ● Additional business due to marketing buzz in the Bitcoin community. ● No exposure to bitcoin volatility because of real-time exchange with legal tender. ● Savings in payout fees: 1% compared to significantly higher fees of competing methods. ● Zero consumer fraud because of no chargebacks. ● Lowering of the minimum payout threshold. ● Technology-driven solution supporting merchants to enter the cryptocurrency space using regulatory intelligence and mitigating risk. ● Payouts done in real-time or via batch processing in delayed-mode. In the next post, we focus on cost-benefit analysis. Case study URL: http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/ |