Money and you
Looking for the top-paying online casinos to get the best possible chance of winning when you play? You are in luck, as our team will dive deeper into those high-payout casinos where you can play with a higher-than-average chance of claiming a cash win. Read on to find out how we have identified the best payout casinos and the top tips for maximizing your chances of winning the games you play. What is a top-paying online casino? Let’s start by considering what sets the best-paying online casinos apart from others. They look just like any other casino, with a big
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The payment diversity exists for a reason – it is a customer demand. Online gambling is one of the best examples of this demand for payment options. Take a look at Malta, a very popular place to register an online casino. According to the survey on online gambling customer payments distribution, in 2021, 40% of respondents preferred bank transfers, 34,7% – a credit or debit card, 13,2% – e-Wallets, and 12,1% – other options, like cryptocurrencies. So, the question stands: why do clients prefer such different options when using online casinos? Moreover, what are the benefits of these casino payment
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When it comes to banking, the number of components it consists of is staggering. And while some of these components, such as bank accounts, credit cards, and wire transfers, are well known, others, like host-to-host payments, are obscure. Today, Genome will describe how host-to-host payments work, as well as explain what host-to-host payment pages are. Host-to-host payments meaning in banking In the modern financial world, the host-to-host term (H2H for short) mainly refers to host-to-host payments and host-to-host payment pages. The former can often be found when corporate financial operations are mentioned, while the latter is a type of merchant
Product news
Earlier this year, Genome introduced a special initiative for Ukrainians – they can now start personal wallets within our platform for free and get discounts for many of our services. Since then, our team figured we needed to establish more features for Ukrainian people to use Genome more efficiently. Thus, we now offer sole proprietor accounts, using which Ukraine-registered individual entrepreneurs can receive income in euros. These accounts are free and as easy to open as the regular ones. Most importantly, you can access your account anytime – whether from Ukraine or abroad. You will be able to transfer money
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The online gambling industry grows year after year, becoming more lucrative. Just look at the numbers: in 2018, the total revenue of the online gambling market globally was $36,8 billion, reached $89,3 billion in 2023, and is projected to hit $136,3 billion by 2029. It takes a lot of effort to set up something like a sports betting company or an online casino business and plan out all your expenses. So, how much does it cost to start an online casino? And how much is a gambling license? Read on to find out! Overview of the costs involved in starting
Money and you
It’s no secret that financial services are now flourishing in all parts of the world. Due to high competition in this sphere, people can choose from a wide range of providers or even have a couple of accounts. The timeframes of money transfers are among the crucial factors to consider. Especially when we’re talking about transactions overseas. Here comes the tricky part – to send a speedy payment, one needs to know the basic terminology connected with types of payments/bank details. Genome supports various transfers and helps individuals and companies when it comes to starting personal or business wallets. In
Business services
Financial management, although sometimes overlooked, plays its role in the company’s success. It is especially the case for small businesses and partnerships (such as a limited partnership, limited liability partnership, general partnership, or other business types), where all the main financial operations and processes need to be quickly established and transparent. This is why such companies might look into opening a joint business bank account to simplify their experience and ensure future growth. Learn more about how joint business bank accounts work and how Genome’s shared business account allows our clients to manage their business finances with their team. What
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Online casinos are profitable businesses with annual growth rates higher than those of some countries. The revenue of the online casino market will only flourish. In just five years, the projected market volume will increase from $36,64 billion to $46,93 billion. If you are considering starting your own online casino business, our team at Genome has some essential tips, which we have broken down into a 10-step blog post. 1. Understand the online casino market So, you might be wondering, “How to start an online casino in this current year?”. Market research and identifying your target audience are half the
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The article was updated on 11.06.2024 Modern financial institutions offer many types of international payments, but only some are as popular as SWIFT payments. After all, the SWIFT network covers most countries on Earth and is quite flexible. Find out what is so beneficial about a SWIFT payment, how the SWIFT network works, and how you can make an international money transfer inside Genome. What is a SWIFT code? Also known as a bank identifier code (BIC), a SWIFT code is an integral part of the SWIFT network. A SWIFT code is used to identify a specific financial institution when