Choosing payment options: gaming wallet that changes landscape

Obviously, security and convenience are the cornerstones of any good payment option to be considered good for any online business. Especially taking into account the pace of an iGaming business, when payment conversion comes to play more than anywhere; operators will be looking for any way to lessen the number of failed transactions and other errors when it comes to replenishing accounts. 

What gets at the heart of this issue such is choosing a payment option with support for multitudes of transactions across the globe such as the Jeton payment method. Of course, only implementing particular payment method will not guarantee 100% payment success ratio and no issue in the flow — but this is a solid first step that operators have to take. In today’s review we will discuss about how Jeton wallet can help you benefit your online casino checkout page.

Main factors for choosing the payment option

Let’s begin from the start and discover the key considerations to look at when choosing payment options for the website. Some key factors that should be kept in mind when determining the best payment method might include:

• Fees: Cost is the first thing that comes to mind when thinking of any business integration. Even if costs are cut by being an online casino White Label, the way its payment service of choice charges per transaction will still take a chunk out of profits. And you should also consider that fees for White Label setups are much higher than Turnkey products. These may include service charges, maintenance fees, monthly fees, and other miscellaneous expenses. Compare the service fees with sales volume and growth figures to see if everything is cost-effective enough to be considered further. However, do not stick to the fees only when you evaluating your payment method selection — go deeper and analyse the potential performance and risk factors. With this Monoup can help on consultancy basis. Reach out to talk!
• Security features: As online payments become commonplace, all sorts of fraudulent activities might happen every now and then that will have to be dealt with. If the payment option being considered already has security features and anti-fraud measures, then the operators will at least ensure proper basic protection. It is best to choose payment methods that are protected and are constantly updated to respond to new threats to businesses and customers. With a huge hole in security your all efforts for business growth could become quite irrelevant and spoiled. More about risks for online casinos and antifraud read in our article "iGaming Risks: How to Fight Fraudulent Behaviour".
• Integration and Scalability: With all that in mind, the payment option that stands out the most will be one that comes with tools to allow for scalability. For example, a steadily growing rate of sales and transactions will require features that easily track transactions from all over the world. Not only that but it should also be able to integrate with the dataset of relevant software such as invoicing applications to make the whole process streamlined. Analytical processes and operational needs also require serious technical background and therefore payment solution you choose has to be technically advanced.

How Jeton responds to the merchants’ needs

From the large selection of online payments available to an iGaming business, the benefits that the Jeton payment method gives allow for flexible yet consistently simple transactions for both customers and online casino operators. You can work both through both the Jeton Checkout and Jeton Wallet service suites. Using Jeton for iGaming can be the valuable for some particular markets like Turkey as this is their top one region.

Why Jeton is a good fit:

• Quick and Easy transactions; no transfer fees required;
• Top-notch security and encryption of customer data;
• Responsive support staff (Email and Live Chat);
• Wide base of currencies that Jeton supports (around 40+).

Much like many of the other payment options, Jeton does its best to allow users to transact as effortlessly as possible. They have also been compliant with ISO 27001, ensuring the service is under high cybersecurity measures. The wide base of currencies and the responsive support staff are also a plus. 

If to deep into some cons of the service when used for daily operations, we may consider that for online casino this wallet cannot play a blackjack. The wallet is quite popular but not covering more that 10% of your cashier needs, thus when you have a goal to enter new market, you need to do proper research for setting more popular methods first in your bucket list. Jeton can become a good addition to any gaming website cashier and fulfil the payment option assortment with one more convenient option.

Jeton business account: Features for global entrepreneur

Any business looking into the usage of the Jeton Wallet for their iGaming business might want to research into the many features available. Jeton payment method is well-known for how easily it can be used for transactions. Cross-border transactions between 70+ countries and the ability to check with all currently working with Jeton for iGaming help any online casino keep tabs on their cash flow and protect against fraudsters.

The following Jeton services meant for businesses include:

• Jeton Checkout: A key service for payment integration — this service carries risk-monitoring tools that help protect against fraud and other forms of theft. This single integration allows for an online business to be able to reach a global audience while giving each individual customer a local experience. One of the main goals with the service is a reduction in failed transactions due to its negative effect on revenue.
• Jeton Business: Beyond the use of the standard Jeton Wallet, having a business account with Jeton allows access to different features that help keep records of both global monetary transfers and other business transactions. Keep track of assets and create a professional look to the business while also having the tools to scale operations as sales growth. The creation of this account also helps to build up business credit, which can be a dealmaker, when getting into agreements with suppliers and banking institutions.

In Conclusion

The choice of integrating a payment method for any online business, such as an online casino, should be one that is taken with patience and supported by meticulous research. Checking whether the sales can help sustain an iGaming business while dealing with transaction fees should be the priority alongside taking note of its ease of payment integration and quality of security. Making use of Jeton for iGaming can be a great choice as it offers both the ease of integration needed for building a business while also providing top-tier security for all transactions across the world.

Need professional services to help determine if the Jeton payment method is a good fit for your iGaming business? Want to figure out the most efficient way to route payments from the customer to your own coffers? Monoup backed with team of professionals can help you find the best ways through any “surprises” that come up with fees and maintenance. Contact us on our official website or message us through business@monoup.com for more information!