Are you an operator in Ontario’s iGaming market looking for a better way to attract players to your platform? Well, we have a solution for you…it’s a payment solution actually. It’s called Instant Bank Transfer, a solution made in Canada, by Canadians for Canadians. A number of iGaming players in Ontario (and even worldwide) select operators based on the availability of innovative payment solutions on their cashier. You might be wondering, “why would players care about payment solutions?” Well, after signing up it’s the most important component in their iGaming experience. They need an easy way to deposit and withdraw their money.
Bank-account-based payment solutions, like Instant Bank Transfer, are made for iGaming players in Ontario. With innovative features like in-game deposits, players receive instant gratification which supports both customer loyalty and acquisition efforts. Instant Bank Transfer also provides for you: the iGaming operator. You get connections to major banks, a strong risk management system, a fully compliant solution, and a team that deeply cares about your growth.
So to save you some time, we’ve come up with 3 reasons why we are the right payment partner for you.
Benefits For iGaming Players In Ontario
There is a sea full of iGaming operators in Ontario. How do you set yourself apart? By offering payment solutions which allow players to enjoy an immersive gaming experience is very important. Instant Bank Transfer is equipped with features such as In-game deposits that allow players to fund their gaming wallets without having to leave their sports betting experience. Your players will never miss out on the in-game betting odds provided by your platform during an important NFL game or even an explosive UFC fight.
Additionally, consumers who use Instant Bank Transfer often benefit from one-click deposits, allowing them to enjoy a seamless deposit experience.
Benefits For iGaming Operators In Ontario
Apart from the innovative deposit features offered through Instant Bank Transfer, we provide a ton of benefits for iGaming operators in the province.
Bank coverage: Our Instant Bank Transfer solution provides connections to all major Canadian banks. Supported by stable banking relationships with multiple banks, Instant Bank Transfer reducing vendor risk.
Acceptance rates: In Canada’s gaming industry, credit card acceptance rates are very low. Two of the major five banks do not accept credit card payments, while the others only accept deposits but not withdrawals via credit card. Through our strong bank connections in Canada, the Instant Bank Transfer solution provides higher acceptance rates compared to credit cards and also decreases consumer complaints linked with cash advance fees.
State-of-the-art risk management system: Instant Bank Transfer is supported by our vigorous risk management system which helps in reducing fraud, decreasing rejection rates, and maximizing volume. Most importantly, our real-time decision engine mitigates fraud and provides operators with the necessary tools to manage risk.
Our Solution Is Fully Compliant
When moving into a newly regulated iGaming market, understanding the regulatory requirements can be very challenging. Our team not only equips our operators with the necessary tools to meet all of the regulatory requirements set by the province, but we also provide fully compliant payment solutions. Our Instant Bank Transfer solution is equipped with essential compliant checks for bank account ownership and consumer location. These features provide an additional layer of compliance that provides merchants with peace of mind in a newly regulated gaming market.
It can be challenging to set yourself apart in a newly regulated iGaming market. But having the right partners can make that challenge much easier. With our experience in the Canadian gaming market, we are confident that we can help you connect with your target player base.
So let’s talk and grow together.
The Paramount Commerce team will be attending the 2022 Global Gaming Expo (G2E) which is being held in Las Vegas! To find out more about expanding into Canada and how our team can support your iGaming business, visit us at Booth 3411 at The Venetian Expo, Las Vegas from Oct 10th to 13th, 2022. Book a meeting with our team today.