Cryptocurrency
Online casino, Mystino, partners with Bitpace to accept cryptocurrency payment
Online casino, Mystino.com, is pleased to announce that it has partnered with global cryptocurrency-based fintech services group, SG Veteris, in order to accept cryptocurrency as a form of payment for their games through its Bitpace product. Bitpace provides businesses with a leading ecommerce tool allowing them to convert crypto to fiat and settle payments in preferred local currencies.
According to Mystino: “We are committed to providing flexibility in the banking and payment methods that are available to our customers and are looking forward to a successful partnership with SG Veteris. Bitpace offers our customers another convenient way to pay. We can see that digital currencies are growing in popularity, and we feel confident that Bitpace complements our existing payment method portfolio. It offers a solution that requires little involvement from our side which allows Mystino to concentrate on delivering an outstanding customer experience with each interaction.”
Bitpace offers lower transaction fees than more traditional payment methods such as credit or debit cards. Mystino can now accept payments in a number of cryptocurrencies while being protected from price volatility and can receive the money in fiat or crypto.
It will also provide another option to pay large winning cash outs, which can be trickier via debit or credit cards or bank transactions. Using Bitpace, Mystino will benefit from fast settlements and same day processing and it was attracted by the fact that it is pay-as-you-go with no upfront costs or fixed payments.
Anil Oncu, Chief Executive of SG Veteris adds: “Accepting crypto through Bitpace is a quick and easy process and as a global business, Mystino can benefit from easy cross-border trade as cryptocurrencies are not subject to foreign currency transaction fees, local taxes or exchange rate fluctuations. Our goal is to make accepting crypto a seamless process and increase adoption by appealing to consumers who are looking for more places to spend their crypto.”
BitLine
BitLine Enhances Onboarding Experience in Collaboration with Jumio: Simplified KYC for Casino Patrons
This collaboration emphasizes convenience, security and regulatory compliance
Through the BitLine app, users can seamlessly transact with up to US$10 million in casino chips 24/7
BitLine, a pioneering provider in the integration of digital assets for direct access to casino chips, proudly announces a strategic alliance with Jumio, an industry leader renowned for its comprehensive know-your-customer (KYC) solutions.
This partnership marks a significant milestone as BitLine streamlines its onboarding process for casino patrons, ensuring a seamless and secure journey into the realm of digital asset-based payments for gaming.
The collaboration between BitLine and Jumio signifies a commitment to delivering unparalleled convenience while upholding the highest standards of security and regulatory compliance. By leveraging Jumio’s advanced technology, BitLine reinforces its dedication to building trust among users and offering a frictionless experience for individuals seeking access to casino chips via digital assets.
Richard Jones, the Chief Executive Officer for BitLine by Ibanera, expressed enthusiasm about the partnership, stating: “Trust and compliance are the cornerstones of every successful casino venture. At BitLine, our vision to innovate this industry through digital assets hinges on maintaining trust and adherence to regulations. Our collaboration with Jumio represents a monumental stride towards achieving this vision, ensuring that casino patrons transact securely and confidently through our platform.”
Echoing this sentiment, Robert E Prigge, the Chief Executive Officer for Jumio, commented: “The evolving landscape of digital assets presents endless possibilities and BitLine’s innovative approach has reshaped the casino industry. By eliminating withdrawal limitations and expanding accessibility, BitLine has ushered in a new era of gaming. We are thrilled to contribute to BitLine’s journey by providing essential elements of security and compliance.”
BitLine by Ibanera grants cryptocurrency owners unprecedented access to up to US$10 million in casino chips, 24/7/365, serving as a conduit for liquidity on the casino floor. Through the intuitive BitLine app, casino enthusiasts worldwide can initiate transactions within minutes, leveraging their digital assets to unlock funds effortlessly.
Cryptocurrency
Payhound empowers LSports with a seamless solution to receive payments
The post Payhound empowers LSports with a seamless solution to receive payments appeared first on European Gaming Industry News.
Cryptocurrency
Crypto Casino Lucky Block Partners with MMA Legend Michael Bisping
Global MMA legend Michael Bisping has signed a sponsorship deal with the fast-growing top-tier crypto casino Lucky Block.
The tie-up between the Mixed Martial Arts and UFC superstar and the premium sportsbook and casino entertainment platform is a win-win for Bisping fans and Lucky Block’s swelling customer base of highly engaged players.
This deal secures opportunities for both parties by leveraging the valuable synergies present in the colliding worlds of sports and online gaming.
Through securing the sponsorship deal with Michael Bisping, Lucky Block is joining the big league of crypto casino industry leaders who understand the business impact of top-level sports sponsorship deals.
Aligning with the world of competitive sports, Lucky Block is not only endorsing a celebrated athlete but is also tapping into the fervent sports fan base that is growing by leaps and bounds. Together, Lucky Block and Michael Bisping are bridging the gap between traditional sports and the burgeoning world of crypto-based betting.
Damian Jacobs, Lucky Block community and growth manager commenting on the sponsorship deal, said: “We are pleased to announce our sponsorship of UFC icon Michael Bisping. We believe this deal will be a powerful catalyst as we embark on the next leg of our journey to lead crypto gaming’s conquest of the online sports entertainment and betting industry.
“This partnership shows that Lucky Block can mix it up with the other industry leaders. Our sponsorship of Michael Bisping shows we understand the importance of developing and exploiting the brand projection potential at the intersection between the sports domain and the disruptive power of crypto betting.”
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