Best Payment System

Which Payment System is the Best in Europe and the World in 2020?

Online payment at a casino is the main method of interaction of a gambling establishment with a user. Finding out which electronic payment system is better is among the aims of the Login Casino Awards 2020 online voting. To know what to focus on when choosing your favorite, keep reading the material.

The availability of various popular services for financial transactions makes it possible to increase the traffic of the site, whether it be a land-based establishment or an online resource, increase the level of trust in the operator, and also ensures 100% honest and transparent calculation of the participants in the game process.

Which Payment System Is B

The best payment systems in the world: how they take the leading positions

Casino payment systems can be web services for processing requests from banking institutions, including electronic wallets with cryptocurrency settlement modules. Among the most popular international payment systems are the American companies Visa and MasterCard that provide the possibility to carry out non-cash payments using bank cards. Such companies are among the nominees for the award.

To figure out which payment system is better to choose, you need to find out the parameters of a quality financial resource for a gambling platform. An electronic system that accepts payments in a casino must meet the following parameters:

The speed of transactions. The faster payments go through, the more users trust the site.

Reliability and guarantee of successful transactions. Ensuring the correct transfer of funds to the specified account is the main task of the electronic system.

Simplicity and convenience of the interface. The availability and thoughtfulness of the functionality are considered one of the main points when selecting a software element. Transferring money should be as simple as possible for the client - without an unnecessary number of registration forms and the need to perform many actions to confirm the payment.

Security and confidentiality of information. Modern and best payment systems have been implemented based on the wishes of customers to remain incognito, so operators are obliged not to disclose information about the user (starting from the personal data of the person to the number of his/her deposits and withdrawals).

Which payment system is the best in Europe

Which payment system is the best in Europe: a list of popular methods

In Europe, the most popular payment method is bank cards. The European payment system is quite diverse and offers a wide range of different payment options. Residents of some countries practically do not use the popular international Visa, MasterCard, and prefer national payment systems. For example, in France, 85% of the population uses the local Carte Bleue. In Sweden, most of the market is occupied by the local Klarna, in the Netherlands - by iDeal. In Germany, the widespread online payment method is ELV. Interestingly, Spaniards and Italians prefer Visa, MasterCard, while in Turkey these cards are almost never used. This implies that there is a big variety of payment systems in Europe, and credit cards are considered the most popular option for online payments, as in the whole world. According to experts, the best payment system in Russia is Visa, which occupies about 50% of the market, and MasterCard is in second place - 40%. The remaining 10% is shared by foreign and other domestic electronic payment systems.

Payment systems of gambling establishments designed to accept cryptocurrencies are one of the most popular trends in the gambling market. According to statistics, by 2023, every second gambling platform will offer its customers the opportunity to pay utilizing Bitcoin.

For modern users, comfort and safety are the most important so they put forward increased requirements for payment systems. Therefore, a serious and self-respecting casino is ready to provide over a dozen methods for making transactions, including the best electronic payment systems.

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