Payments are a hot-button topic these days, especially after COVID-19. The world is fast moving towards the online space, and the gaming industry can’t be an exception. The growth of cashless gaming opens up new opportunities for those in the gaming arena. Let’s discuss the state of cashless gaming and see how eMerchantBroker can help you with online payments.
Digital Payments in Gaming: eMerchantBroker
The gaming industry is fast embracing the idea of digital financial transactions. The adoption of cashless or digital payment solutions is modernizing the gaming industry and creating new opportunities for the players in it.
One of the casinos based in Southern California has recently introduced a new cashless wagering product that’s going to be used early in 2021. It’ll provide gambling markers for slot players. What about your gaming business? Are you offering digital payment options to your customers?
If you need reliable, secure, advanced and cheap merchant processing services, turn to a reputable merchant services provider like eMerchantBroker. This is how you can get fast and hassle-free access to unmatched payment processing and merchant funding services in the field. Otherwise, you won’t be able to keep up with the latest developments in the space and take your gaming business to the next level with success.
Online Gaming Industry Going Digital
COVID-19 has accelerated the move of the gaming industry towards the digital space. Today, there are 3 main segments of online gaming, which include real money games, casual games, and e-sports.
The online gaming industry is growing and getting more appealing to investors who’re interested in cashing in new opportunities and increasing their profits. Overall, digital payment platforms are anticipated to have 300 million users in 2022, which is a rise from 100 million users registered in 2019. This fact couldn’t leave the gaming portals without an increase in online payments.
As you see, the share of online payments is going to increase in 2021. The fact that paper money transactions are in a dip has a direct relation to this. Quite naturally, cashless gaming is more than just a topic of discussion. It’s becoming a reality more rapidly than you could expect, especially after COVID-19.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest rated high risk merchant account processor in the country. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.