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    Author Topic: Compliance Hurdles for Licensed Gaming Operators when Accepting Bitcoin (Pt2)  (Read 271 times)
    Payment21 (OP)
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    March 03, 2017, 04:38:37 PM
     #1

    In this post, we continue looking at the case study on the benefits of bitcoin payouts for the gaming industry that PaymentEye just published. PaymentEye is a leading resource site in the global payment sector.

    According to the case study, the following are the benefits that gaming merchants get out of using a regulated bitcoin payment processor like Payment21:

    ● Increased volume and accelerated cash flow.
    ● Higher deposits from new customer segments.
    ● Merchant expansion across all jurisdictions and serving new regions.
    ● Additional business due to marketing buzz in the Bitcoin community.
    ● No exposure to bitcoin volatility because of real-time exchange with legal tender.
    ● Savings in payout fees: 1% compared to significantly higher fees of competing
    methods.
    ● Zero consumer fraud because of no chargebacks.
    ● Lowering of the minimum payout threshold.
    ● Technology-driven solution supporting merchants to enter the cryptocurrency space
    using regulatory intelligence and mitigating risk.
    ● Payouts done in real-time or via batch processing in delayed-mode.

    In the next post, we focus on cost-benefit analysis.
    Case study URL: http://www.paymenteye.com/2017/02/27/case-study-benefits-of-bitcoin-payouts-for-the-gaming-industry/
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