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Paybis Send: A Practical Solution for the Potential $153 Billion iGaming Industry
The new solution enables secure, borderless, and cost-effective crypto payouts for iGaming operators.
Paybis, a crypto exchange founded in 2014, has launched Paybis Send, a solution designed for iGaming, forex, and PSP businesses, to name a few. The product, built with small to large-scale iGaming platforms in mind, seeks to make crypto payouts smooth, secure, and affordable.
The iGaming industry is growing fast, expected to reach $153.57 billion by 2030 with a steady 11.7% annual growth rate, according to data from Grand View Research. While businesses aim to enter the industry, several payment and compliance hurdles block the way.
Unlike in the 1990s, when online gambling started to grab attention, nowadays, users want more than just a good game — they expect quick payouts, increased privacy, and the ability to cash out seamlessly anywhere without restrictions.
Interestingly, crypto addresses many of these demands effectively, and Paybis Send gives operators a simple way to tackle the issues of the iGaming sector.
With instant mass payouts at fair rates, no hidden costs, and reduced risks, Paybis Send could be described as a practical choice for both players and operators. Covering some of the leading cryptocurrencies — Bitcoin, Tether, TON, USDT, and USD Coin — across over 140 countries, Paybis Send is on track to improve payment management in the iGaming industry.
As online players push for cryptocurrency withdrawals for their winnings, Paybis Send steps in to meet that demand. It handles common industry challenges, including compliance issues and high fees. According to an October 2024 report by Sprinto, 90% of compliance leaders expect compliance costs to jump by 30% soon, potentially impacting businesses. Paybis Send addresses this by offering a transparent and compliant method for processing winnings and settlements.
Why Use Paybis Send?
Paybis Send makes it easier than ever for businesses to manage global payments, from rewarding users and settling with partners to paying affiliates. It’s built for speed, scale, and simplicity.
With Paybis Send, companies can handle payouts in leading crypto assets like BTC, USDT, USDC, and TON, send funds globally, receive deposits directly into their accounts and seamlessly accept B2B payments via SEPA, SWIFT, or FPS in EUR and GBP — all from a single platform. The API is designed to plug right into their existing systems, so there’s no need to rebuild the whole infrastructure from scratch.
One of the key features is the option to get a dedicated IBAN — an International Bank Account Number — in the company’s name. This means that the business can accept B2B fiat payments without opening a traditional bank account. Incoming funds are instantly credited to their Paybis fiat balance, ready to be manually or automatically converted to cryptocurrencies or stablecoins, based on the company’s needs.
Traditional bank transfers can take days and sometimes even be very costly, especially when operating across borders. Paybis changes that. It enables instant transactions, with lower costs, and zero geographical limitations — acting as a game-changer for businesses dealing with global clients or partners in underserved regions.
Most notably, Paybis is fully licensed and handles regulatory requirements, so businesses can scale their operations without getting buried in paperwork.
Paybis gives the full control to its users, whether they’re paying the winners, affiliates, or even global partners. Its API can automate payouts, or allow the user to manually manage crypto conversions, and streamline financial operations from a single and easy-to-use dashboard.
How Does Paybis Send Work
Here’s a simple step-by-step process of using Paybis Send:
- Dedicated IBAN — Paybis issues dedicated IBANs in your company’s name or for your partners within three business days. This will allow businesses to make seamless settlements.
- Pre-funding the account — Incoming transfers to the IBAN are automatically credited to your pre-funded balance. You can also top up the account directly in USD or EUR.
- Payouts — Once the account has been funded, the balance can be used for instant crypto or stablecoin payouts via API or the manual dashboard.
Paybis Send allows iGaming operators to easily offer crypto payouts to their customers. It also creates opportunities for extra revenue through partner transaction markups.
According to a Thomson Reuters survey in 2023, 70% of compliance experts see technology as the answer to rising costs and complexity. Paybis Send backs that up, as it turns a challenge into a strength for operators.
Paybis Send is a classic representation of where iGaming payments are heading. Secure, fast, borderless, and easy to use, it takes the stress out of crypto transactions with its intuitive interface.
As the industry races toward $112 billion this year, operators leveraging Paybis Send are well-positioned to enhance their competitiveness and meet evolving player expectations. Players want compliance, speed, and flexibility, and Paybis Send delivers all three.
The post Paybis Send: A Practical Solution for the Potential $153 Billion iGaming Industry appeared first on European Gaming Industry News.
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The world of sports betting and gaming is set for a major shake-up with the launch of GoldenRace’s innovative, new number game, Goal2Win, designed to captivate the massive global football audience. Goal2Win successfully bridges the gap between the universal passion for the “king of sports” and the proven thrill of number-based predictions, offering partners a fresh, high-potential product for monetisation.
Goal2Win is a premium offering that takes the familiar, classic number game format and integrates it with a dynamic, football-centric theme. This unique combination makes the game instantly recognisable yet excitingly new, appealing both to seasoned sports bettors and newcomers seeking an engaging, simplified experience.
Goal2Win is GoldenRace’s proposal to mix innovation and tradition. It offers operators a product that leverages the immense reach of football fandom while delivering the straightforward, engaging gameplay and massive win potential expected from a top-tier number game. It’s a compelling blend of excitement, simplicity, and significant reward potential.
Key features driving engagement and potential winnings:
Goal2Win is engineered for maximum player retention and high stakes, boasting dynamic gameplay and powerful features:
- Multiplier feature: Players can place the same set of bets across an impressive twenty-two consecutive events, significantly driving up potential winnings and ensuring sustained engagement over time.
- Jackpots and Mega Jackpots: The game includes tiered winnings with both standard Jackpots and highly coveted Mega Jackpots, promising life-changing sums and acting as a powerful player motivator.
- Quick picks: For rapid access to the action, the Quick picks option allows the system to randomly select numbers, streamlining the betting process for players.
- Row/Column selector: Enhancing the user experience, selector buttons enable players to easily pick an entire row or column of numbers, simplifying sophisticated betting.
Goal2Win represents a unique opportunity for operators to tap into the immense global football fanbase with a product that is both innovative and instantly recognisable. It stands poised to become a staple offering, driving higher stakes and attracting a broader demographic to the operators’ portfolio.
The post GoldenRace launches Goal2Win to bridge the gap between football and numbers appeared first on European Gaming Industry News.
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Yaspa, the Pay by Bank fintech, today announced a partnership with PayAdmit, the London-based payment software provider and orchestrator used by merchants across eCommerce, iGaming and digital services. The integration brings Pay by Bank to PayAdmit’s platform, giving its merchants a faster, secure, cost-effective way to accept customer payments with real-time confirmation.
PayAdmit offers a modular payments stack that includes White Label, Cashier Service, Payment Bridge and Payment Concierge Service — a high-touch support layer for resolving payment issues in real time. The platform aggregates 350+ global payment methods and provides streamlined onboarding, enabling merchants to go live in as little as 14 days.
Adding Yaspa gives PayAdmit’s clients a high-conversion bank payment option built for speed, conversion and compliance.
Yaspa’s Head of Commercial, Amie Kadhim, said: “PayAdmit moves fast and sets a high bar on payment performance, reliability and checkout experience. We’re excited to power their next chapter with instant bank payments that are speedy, secure and deliver a smooth, mobile-first experience – boosting approval rates and settling funds immediately.”
For PayAdmit’s merchants, the integration with Yaspa delivers:
- Real-time deposit confirmation
- Lower processing costs versus traditional methods i.e. debit and credit cards
- Reduced fraud and chargeback risk with bank-level authentication
- A smoother mobile journey with no card details to key in
Yaspa’s benefits align with PayAdmit’s focus on performance, security and a modern, merchant-friendly toolkit.
Vladyslav Kolodistyi, CEO of PayAdmit added: “Our mission is to give merchants a flexible, future-proof payments stack. Partnering with Yaspa adds a best-in-class, instant bank payment option, so clients get higher conversion with less complexity.”
The post PayAdmit partners with Yaspa to integrate Pay by Bank on its payments platform appeared first on European Gaming Industry News.
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Continent 8 Technologies, a leading provider of cutting-edge managed IT solutions designed for the global iGaming and online sports betting industry, announces the appointment of Julia Weygandt as Head of Client Growth & New Business.
Based in Malta, Julia will spearhead strategic initiatives to drive customer growth and capture new market opportunities globally, working closely with the existing Sales team and Practice Leads.
Julia brings over 20 years of experience in gaming, entertainment, and technology, with a proven track record in commercial strategy, international market expansion, and strategic partnerships. Her career includes senior roles such as COO at G Games and Tornado Games, and Head of International Partnerships at GAMOMAT, where she successfully scaled operations and delivered significant revenue growth.
Julia is an active advocate for diversity and leadership in gaming, serving as a Board member for Global Gaming Women and leading partnerships for the Behind the Gloves initiative, which combines boxing and corporate engagement to support charitable causes.
Nick Nally, Chief Revenue Officer at Continent 8 Technologies, commented: “Julia’s appointment reflects our commitment to delivering exceptional value and growth opportunities for our customers. Her deep industry knowledge, commercial acumen, and passion for building strong partnerships make her an outstanding addition to our team. We are excited to see the impact she will have as we continue to expand globally.”
Julia Weygandt, Head of Client Growth & New Business, added: “I’ve known the Continent 8 team for a long time; they are a trusted and respected partner to the world’s leading iGaming operators and suppliers, and I am thrilled to join at such an exciting time. My focus will be on driving client success through innovative solutions and strategic growth initiatives, ensuring we continue to lead in this fast-evolving industry.”
The post Continent 8 appoints Julia Weygandt as Head of Client Growth & New Business appeared first on European Gaming Industry News.
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