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The first letter in “iGaming” stands for the internet, which is notable. The iGaming companies were built on the web foundation and naturally rely on reliable and secure payment providers. Here at Genome, we work with such clients and know a lot about iGaming payments. Find out how they work in the article below. What are iGaming payments? Deposits that people make when playing online games, cash withdrawals that customers get after winning at online casinos, or any other online gambling-related two-sided transactions are all considered iGaming payments. Any payment solution or alternative payment method would be considered an iGaming
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Discover the benefits of online financial servicesOpen account 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
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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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Online casino games are by far the most convenient way to use a casino. There is no need to waste time going to crowded brick-and-mortar casinos or another country. No wonder the iGaming market is expected to reach over $136 billion by 2029, showing a stable annual growth rate (2024-2029) of 6,20%. There are different types of such companies, so our Genome team dedicated an article to specific online casino games offered by pay-by-mobile casinos. Such iGaming businesses found their rightful niche on the market. Today, the use of smartphones for various tasks is unprecedented, thanks to their accessibility and
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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
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In 2021, the number of non-cash payments amounted to 114.2 billion in the euro area alone. Needless to say, our daily lives are full of transactions. So, an important question arises: are you sure you understand the difference between a personal and a business transaction? Today, Genome’s team is here to sway away all the doubts you may have about what business transactions are. Definition of a business transaction Generally, a business transaction is a broad term representing a process during which two or more parties exchange money, products, or services. The common denominator with all these transactions is that