Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Still More Room To Stock Market Downside In The Coming Weeks - 23rd Sep 20
Platinum And Palladium Set To Surge As Gold Breaks Higher - 23rd Sep 20
Key Gold Ratios to Other Markets - 23rd Sep 20
Watch Before Upgrading / Buying RTX 3000, RDNA2 - CPU vs GPU Bottlenecks - 23rd Sep 20
Online Elliott Wave Markets Trading Course Worth $129 for FREE! - 22nd Sep 20
Gold Price Overboughtness Risk - 22nd Sep 20
Central Banking Cartel Promises ZIRP Until at Least 2023 - 22nd Sep 20
Stock Market Correction Approaching Initial Objective - 22nd Sep 20
Silver Bulls Will Be Handsomely Rewarded - 21st Sep 20
Fed Will Not Hike Rates For Years. Gold Should Like It - 21st Sep 20
US Financial Market Forecasts and Elliott Wave Analysis Resources - 21st Sep 20
How to Avoid Currency Exchange Risk during COVID - 21st Sep 20
Crude Oil – A Slight Move Higher Has Not Reversed The Bearish Trend - 20th Sep 20
Do This Instead Of Trying To Find The “Next Amazon” - 20th Sep 20
5 Significant Benefits of the MT4 Trading Platform for Forex Traders - 20th Sep 20
A Warning of Economic Collapse - 20th Sep 20
The Connection Between Stocks and the Economy is not What Most Investors Think - 19th Sep 20
A Virus So Deadly, The Government Has to Test You to See If You Have It - 19th Sep 20
Will Lagarde and Mnuchin Push Gold Higher? - 19th Sep 20
RTX 3080 Mania, Ebay Scalpers Crazy Prices £62,000 Trollers Insane Bids for a £649 GPU! - 19th Sep 20
A Greater Economic Depression For The 21st Century - 19th Sep 20
The United Floor in Stocks - 19th Sep 20
Mobile Gaming Market Trends And The Expected Future Developments - 19th Sep 20
The S&P 500 appears ready to correct, and that is a good thing - 18th Sep 20
It’s Go Time for Gold Price! Next Stop $2,250 - 18th Sep 20
Forget AMD RDNA2 and Buy Nvidia RTX 3080 FE GPU's NOW Before Price - 18th Sep 20
Best Back to School / University Black Face Masks Quick and Easy from Amazon - 18th Sep 20
3 Types of Loans to Buy an Existing Business - 18th Sep 20
How to tell Budgie Gender, Male or Female Sex for Young and Mature Parakeets - 18th Sep 20
Fasten Your Seatbelts Stock Market Make Or Break – Big Trends Ahead - 17th Sep 20
Peak Financialism And Post-Capitalist Economics - 17th Sep 20
Challenges of Working from Home - 17th Sep 20
Sheffield Heading for Coronavirus Lockdown as Covid Deaths Pass 432 - 17th Sep 20
What Does this Valuable Gold Miners Indicator Say Now? - 16th Sep 20
President Trump and Crimes Against Humanity - 16th Sep 20
Slow Economic Recovery from CoronaVirus Unlikely to Impede Strong Demand for Metals - 16th Sep 20
Why the Knives Are Out for Trump’s Fed Critic Judy Shelton - 16th Sep 20
Operation Moonshot: Get Ready for Millions of New COVAIDS Positives in the UK! - 16th Sep 20
Stock Market Approaching Correction Objective - 15th Sep 20
Look at This Big Reminder of Stock Market Mania - 15th Sep 20
Three Key Principles for Successful Disruption Investors - 15th Sep 20
Billionaire Hedge Fund Manager Warns of 10% Inflation - 15th Sep 20
Gold Price Reaches $2,000 Amid Dollar Depreciation - 15th Sep 20
GLD, IAU Big Gold ETF Buying MIA - 14th Sep 20
Why Bill Gates Is Betting Millions on Synthetic Biology - 14th Sep 20
Stock Market SPY Expectations For The Rest Of September - 14th Sep 20
Gold Price Gann Angle Update - 14th Sep 20
Stock Market Recovery from the Sharp Correction Goes On - 14th Sep 20
Is this the End of Capitalism? - 13th Sep 20
The Silver Big Prize - 13th Sep 20
U.S. Shares Plunged. Is Gold Next? - 13th Sep 20
Why Are 7,500 Oil Barrels Floating on this London Lake? - 13th Sep 20
Sheffield 432 Covid-19 Deaths, Last City Centre Shop Before Next Lockdown - 13th Sep 20
Biden or Trump Will Keep The Money Spigots Open - 13th Sep 20
Gold And Silver Up, Down, Sideways, Up - 13th Sep 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

How Online Gambling Stimulates Digital Payment Market Growth

Companies / Online Gambling Mar 04, 2019 - 10:57 AM GMT

By: Submissions


These days, online casino sites really go the extra mile offering their customers as many perks and bonuses as possible to make their e-gaming experience fun and smooth. There are hundreds of top of the line ewallet casinos that give their players a possibility to deposit their funds and withdraw their winnings through safe, secure and reliable digital wallets.

Estimating The Value Of iGaming Industry

Internet gambling has evolved tremendously since its early days. It’s the type of entertainment that is outstandingly popular among people who enjoy playing their favorite online games and making some money at the same time. There are both benefits and drawbacks to playing at online casinos. If approached wisely, online gambling provides a smart well-prepared player with the best things the industry has to offer: top quality games, generous bonuses, security, the thrill of the game etc.

With an estimated worth of $56 billion in 2018 that exceeded even Disneyland, online gambling is one of the most profitable internet businesses. Hundreds of people from across the globe are joining online casinos sites every day to play different kinds of internet games and have fun gambling on the net. All these iGaming fans need is a secure and reliable solution to manage their finances. Currently, one of the best banking solutions within the online gambling industry are e-wallets.

What Helps Gamblers Count The Wins?

One of the most important factors a lot of experienced online gamblers base their search of a reliable online casino upon is payment method. Typically, online casino websites would need their clients to submit some sort of payment details anytime they are up for playing. However, this was highly uncomfortable for the players. The need to design a more functional and reliable payment feature arose. Consequently, a wallet mechanism was launched.

By making the most of modern e-wallets, online gamblers get immediate access to the games they are eager to play and the bets they want to make. Whenever a person is up for gambling online for real money, all they gotta do is register with a casino site, use an e-wallet to top up their gambling balance and they’re free to start the game immediately. The process is so convenient, so easy and it takes only a few minutes of one’s time!

Using top quality internationally renowned e-wallets like PayPal, Skrill, EcoPayz, and others is preferable because they are secure and confidential. In addition to this, top e-wallets have minimal processing fees, and that’s exceedingly convenient for online gambling fans. Last but not least, there are hundreds of online casinos that accept PayPal, Neteller, Skrill, ecoPayz and other best quality e-wallets. Online gambling fans love this kind of freedom of choice.

Small Progress With Every Step

The online payment market has become so fiercely competitive that online gambling sites offer bonuses to players for opting for this or that payment method. What is more, some payment solutions have been launched specifically to cater to the certain online casino target audience, for example, Zimpler in Sweden or ecoPayz in Europe and Canada. By the way, EcoPayz is currently one of the most popular e-wallets among online gamblers throughout the world.   

Today, e-wallets have become the most popular choice for online gambling deposits. Online gambling enthusiasts are more likely than ever to use e-wallets to manage their deposit funds and their winnings. Because the online casino industry happens to result in some of the largest annual transactions online, it’s fair to say that online gambling, this thriving global enterprise, has driven digital payment market growth into a whole new world of innovative banking solutions.

In other words, the skyrocketing industry of online gambling is one of the key sources of innovation in digital payments. Along with other global e-commerce enterprises, online gambling has vastly contributed to mobile banking development.  While business payments are still at the beginning of their digital transformation, transactions related to online gambling are in full swing. Today, you can make transactions effortlessly and on the go, using only your mobile device.

Online gambling operators do their best to adapt their service to their customers’ needs, providing unparalleled levels of security, introducing innovative payment methods and perfecting traditional ones. A lot of online casinos now accept cryptocurrencies and provide highly confidential pay by phone services. In years to come, we will definitely witness even more impressive boost in the online banking industry development, mainly due to the vast demand coming from the iGaming world.

By Amelia Flynn

Copyright © 2019 Amelia Flynn - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules