All the aspects you need to know about an online poker payment gateway

 In 2018, the online poker market size was as extensive as $1 billion. Whereas the poker industry is slowly increasing. So, online poker services have recorded immense growth in customers' interest as Europeans were abiding home. Because the government announced lockdowns to prevent the reach of the COVID-19 attack in mid-March.

 

Yet, ignoring the industry's amazing growth, online poker merchants suffer to maintain the increasing customer interest.

 

The primary reason behind the struggle merchants are struggling with satisfying customer demands is because of the online poker payment gateway in Europe (Albania, Malta, Cyprus, Netherlands, Italy, etc.). And they prefer to allow buyers to deposit and withdraw money from their specific bank accounts.

 

In this blog, we will discuss what an online poker payment gateway is. Also the choices it usually delivers to buyers. And how merchants can satisfy customer requirements with an amazing payment gateway solution.

What Is a Poker Payment Gateway?

 

A poker payment gateway or system is a solution that intermediates the interval between the payment service provider and the buyer.

 

With a poker payment system, the buyer can deposit and withdraw money from their online poker account by preferring various payment methods.

 

Upon a successful transaction, the payment gateway transmits the customer's funds to the poker payment service provider.

 

Yet, the online poker industry is regarded as a high-risk industry. Moreover, payment service providers are floundering to discover a reputable payment gateway that delivers a broad variety of payment methods for their consumers at a cost-effective fee.

 

While the prevalence of payment systems declines online poker solutions. Because of their high-risk nature, other payment gateways that receive them as merchants are charging excessively for poker services.

 

Usually, there is a payment solution for all merchants that are examining to set up a merchant account at a poker payment service provider. Continue reading for further details.

 

Global Poker Deposit and Withdrawal Modes

 

Now that you know what a poker payment gateway is let's explore what global poker payment modes are. Moreover, you can prefer to deposit and withdraw your funds from your specific account.

• Credit and debit cards: Credit and debit cards are one of the most comfortable modes to deposit funds from your online poker bank account as your balance is added almost immediately.
• eWallets:eWallet payment solutions providers such as WebPaysmerge the advantages of standard payment methods and online poker payment solutions. eWallet solutions deliver a broad range of advantages and quick speed for customers to transfer funds in their accounts and withdraw money.
• Cryptocurrency: Cryptocurrency is becoming immensely famous for online poker services. As it delivers quick and cost-effective payment processing solutions for customers.
• Bank transfers: Whereas they can bear some days to conduct. Bank transfers are a famous and cost-effective payment mode to fund online poker merchant accounts.

 

WebPays Deposit Options

 

We stated earlier that we have the ideal payment solution for merchants to deliver comfortable transactions for online poker payment services.

 

This payment solution is delivered by WebPays. However, it is a European-based fintech business that functions as an award-winning eWallet payment service.

 

With WebPays, registered online poker merchants can quickly open up a payment gateway with no extra prices for the payment service. Moreover, delivering their buyers a quick, protected, and cost-effective method to deposit and withdraw money from their specific bank accounts.

 

The eWallet payment processing service delivers a broad range of payment modes for online poker players to deposit and withdraw funds from their bank accounts, comprising:

• Debit and credit cards (MasterCard, Discover, AmericanExpress, Visa, and JCB))
• Local and international bank transfers
• Cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Tether)
• The prepaid STIC Card (for withdrawals)

 

Poker Payment Gateway Solution by WebPays

 

While restrictions differ on the basis of the country. Europe has a very famous market record for online poker players.

 

But, how could merchants acquire an online poker payment gateway system in European-based countries?

 

With WebPays acquiring global coverage across more than 150 countries. Registered merchants can effortlessly get the best poker payment gateway solution in Europe (Albania, Malta, Cyprus, Netherlands, Italy, etc.). Also from the leading payment gateway provider WebPays. Merchants can get eWallet payment solutions to deliver quick, smooth, and affordable deposits and withdrawals. Moreover, WebPays also provides a huge variety of payment modes for their customers to deliver the convenience of paying via their desired payment method. So, drop us a text or make us a call whenever you want. Our customer service team will provide you with the best assistance. And that can help you in boosting your business’s growth and enhance payment processing services.