← Go back

Payments

Offering a wide range of payment options is a key driver of acquisition and retention for any online casino or sportsbook.

New player audiences are already using crypto in other parts of their lives, especially younger, tech-savvy players often deemed lucrative by betting brands. Operators who want to cater to the next generation of players must enhance their payment gateways with crypto.

For operators, depending on the jurisdictions you operate in, your business may be hamstrung by traditional banking infrastructure which is antiquated, bureaucratic and expensive.

Using crypto and blockchain payment methods allows operators side-step the hurdles of traditional banking. You can settle supplier invoices faster, more cheaply and with less cross-border friction to reduce your business costs and save on time, ultimately adding more to your bottom line.

PremierChain helps you assess how you can best benefit from offering crypto and blockchain payments, and works hand-in-hand to deploy these solutions.

Be it Bitcoin, Ethereum, Tether or other types of cryptocurrency, it’s on the cusp of entering mainstream consciousness and use – and more players want to wager with it.

PremierChain’s experience from the early days of crypto to now means you’ll benefit from a holistic, long view of how to best fit cryptocurrency and blockchain into your suite of payment options.

Offering crypto payments helps operators to facilitate cross-border payments seamlessly, quickly and cost-effectively. Instead of waiting many hours – or even days – for payments to process, crypto payments take minutes or seconds.

With reduced player transaction fees, a smoother end-user experience, and money getting to the right destination in a speedy manner, offering crypto payments is a win for players and operators alike.

A common pain point for operators considering offering crypto and blockchain payment options is meeting robust compliance requirements. There are many security and privacy benefits for players when using crypto, however, these need to be balanced with the KYC, AML and other compliance requirements of your given jurisdiction.

From ensuring compliance during the rollout of crypto and blockchain payments or addressing ongoing and developing compliance needs, through to the technical resourcing needed to deploy the solution – PremierChain is here to help you every step of the way.

Contact us to learn how you can incorporate cryptocurrency into your suite of payment options!