It is no secret how there seems to be a major opportunity for digital currency to gain mainstream adoption in the iGaming world. Even though Bitcoin adoption is still fairly slow when looking at things on a global wallet, companies like Cubits are working hard to pave the way. Thanks to this convenient wallet service, iGaming operators from all over the world can accept Bitcoin payments without too much hassle.
Also read: Bitcoin Trading Volume in Kenya Doubles Amidst Safaricom Turmoil
Cubits – Custom Solutions For Hybrid Fiat/Bitcoin Platforms
Any company active in the iGaming industry is well aware of how much customers are struggling to deal with traditional payment methods. Credit and debit cards are subject to high fraud rates and possible chargebacks, whereas bank transfers can take days or weeks to clear. Neither of these payment options is a favorable solution for either customer or business owner.
Cubits acknowledged this pressing issue from day one and started working on creating custom-tailored hybrid solutions for the iGaming industry. In doing so, they can offer iGaming owners a payment solution to accept both fiat and digital currencies, rather than having them sign up for multiple merchant providers.
Ivan Montik, CEO of Softswiss, stated the following:
“Our partnership with Cubits began around a year ago. We had been looking to partner with a Bitcoin payment processing provider for a while but all solutions available in the market didn’t seem a perfect fit. We always carefully select software partners, literally paranoid about informational security and how prospective partners treat it. Finally, we found Cubits. We chose them because they had the highest level of technical expertise and the strongest focus on security that we had ever seen in the Bitcoin industry. Their platform is reliable and bulletproof and, organisationally, they are very flexible as well.”
To make the solution offered by Cubits appealing to iGaming business owners the team has been working hard on the technical side of things. Anyone involved in the IGaming industry can use innovative API features provided by Cubits, which allow for the real-time tracking and instant acceptance of Bitcoin deposits.
In fact, Cubits is the only European company to offer such a wide variety of API tools to iGaming industry members. By providing fast and secure Bitcoin payments to create a more efficient transaction process, Cubits has been able to attract some of the most prominent players in the iGaming industry.
Positive Comments From Cubits Partners
Among those prominent iGaming players are companies such as Betsat, Betconstruct, Gametwist, and roughly 300 others. All of these companies have seen the value in the hybrid fiat/digital currency payment solution being offered by Cubits. Lionline co-founder and Managing Director Paul Kase stated:
“Cubits opens doors to a large new customer base and offers our customers an alternative payment method, which protects their privacy, improves their user experience and simultaneously protects us from volatility. What else could you want?”
What truly sets Cubits apart from other digital currency payment providers is their instant BTC cash-out option which can be converted to 17 different fiat currencies in mere seconds. This removes any Bitcoin volatility issues for the iGaming business owner and has proven to be quite a success for Cubits.
Source: Press Release Via Email
Images courtesy of Cubits, Shutterstock
Leave a Reply
You must be logged in to post a comment.