In recent times, online gaming platforms have become the most preferred option for gamers. This is due to the convenience, portability, and wide range of games offered by online platforms. One of the ways these platforms offer convenience is the ease of their payment systems.
The more payment options a gaming site offers, the more convenient it is for players to make transactions. This is why gaming sites and apps make a lot of payment gateways available. Some platforms even have more than 10 methods available to players. Methods such as credit/debit cards, e-wallets, payment vouchers, and bank transfers are usually available on many of the biggest gaming sites.
In this article, we will analyze the importance of these payment gateways in online gaming.
Convenience
The convenience offered by payment gateways is probably one of the biggest reasons for having them on online platforms, be it gaming or non-gaming sites. You can pay at once for all your desired products on a platform through the same gateway. Most times, all you need to make payments is good internet connections and a few clicks.
Uninterrupted Gaming Experience
Have you ever tried to play a game and you couldn’t continue because you had to pay? Or maybe you were already playing the game but were stopped to make some form of payment. Imagine what it would be like if there was no payment gateway to make the transactions quickly. You would have to go through the long process of making payments through banks. You might eventually lose interest in the game.
Many gaming platforms provide one-click checkouts for returning users. These users must have previously saved their card details or another payment system on the site. This eliminates the time it would take to configure payments as a newly registered user. With a single click, you can make payment and continue playing or shopping for your gaming products.
Better in-app Play Experience
With online payments gateways, users can make purchases freely without having to stop playing or leaving the app. This comes in handy for gaming operators who offer products with in-app purchases. The apps are usually free on the Google Play Store or Apple Store, but players would have to pay to add some necessary features to the game. The customers won’t have to be redirected to the store. They can just make the payments easily on the app.
Fast Transactions
Compared to the traditional banking methods, gateways make room for speedy transactions at gaming platforms. Firstly, the process of setting up payments is usually quick. The customer may just need to connect their card or e-wallet to the platform in a few seconds. After setting up and confirming payments, it also takes a few seconds in most cases for the platforms to get the funds. This is why you do have your products accessible to you immediately after confirming payments.
Also, when it comes to withdrawals when you win at gaming platforms like online casinos, players avoid the traditional banking methods. It usually takes around 5 or more working days to get withdrawal funds with the traditional banking methods and many players do not like to wait for this long. But with many payment gateways like UPI and e-wallets, you can get your money quickly.
For instance, it is quite popular to use Paytm when you play Teen Patti. Paytm makes both deposits and withdrawals fast. It only takes a few seconds for you to gain access to the funds you requested for.
Gateways Allow You to Pay From Different Countries
In different nations, there are usually restrictions when it comes to making payments from banks to online platforms. This happens especially when the site isn’t hosted in the country. However, payment gateways come to the rescue of both players and the gaming operators. Many e-wallets and cards allow you to make fast and easy global payments. This totally takes away geographical challenges in payments.
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