Cryptocurrency
The lowest fees on the market”: SOFTSWISS Unveils Exclusive Offer on CryptoProcessing.com
SOFTSWISS, the leading software provider for online gambling, introduces a special offer on CryptoProcessing.com. Its discount system is now allowing SOFTSWISS partners to cut the amount of fees: transaction fees can now go lower than the standard 0.8%. The highest discount becomes available thanks to a special agreement between the companies. Therefore those industry players who choose the SOFTSWISS Crypto Solution or the White Label Solution by the end of the year, automatically receive the lowest processing fees on the market.
According to SOFTSWISS statistics, the share of crypto bets is growing every year. For instance, data shows a 5.1 percentage point rise in H1 2022 in comparison to the same period last year. The rise in the share of crypto bets can be attributed to the steady launches of new crypto brands over the past half year.
As a pioneer in crypto gambling, SOFTSWISS has managed to accumulate vast experience in the crypto gaming niche. Through the use of its reliable iGaming software products, businesses have been able to benefit from a ‘one-stop-shop approach’ for starting a white-label online casino or sports betting brand. Importantly, brands powered by the SOFTSWISS Crypto Solution, in partnership with CryptoProcessing.com, are able to leverage the crypto payment gateway for gaming balance top-ups and withdrawals.
The demand for crypto payments is growing exponentially. Thus, in Q3 2022, CryptoProcessing.com completed 4.9 million transactions worth approximately €3 billion compared to Q3 2021, whereby it handled close to 2.5 million transactions with a volume of about €1.5 billion. Q3 2022 figures show 2X the volume of transactions and 1.94X the number of transactions of the same period in 2021. Remarkably, the average transactions of both quarters remained almost the same at a mere difference of €47. Over the last years, CryptoProcessing.com has seen outstanding growth: a 27x increase in volume and a 16x increase in the number of transactions from 2019 to 2021. It has processed a total of 28.2 million transactions, and the volume of transactions stands at €16 billion. The CryptoProcessing.com’s Q3 results prove that crypto payments don’t lose their relevance even amid the crypto winter. Moreover, 77% of merchants who support payments in crypto or stablecoins saw an increase in cross-border sales, according to Checkout.com’s 2022 ‘Demystifying Crypto’ report.
Due to the unique nature of the discounts at CryptoProcessing.com, SOFTSWISS clients have been able to make significant savings on processing fees and crypto processing fees in particular.
“Based on our expertise in crypto gambling, we strive to provide our partners with a full range of advanced services to launch an iGaming brand from scratch. Using a high-quality and stable cryptocurrency gateway is now an integral part of a successful project. We’re happy to say that our clients have the chance to take full advantage of the leading crypto processing system at the best rates. As a result, a reliable SOFTSWISS casino or sports betting platform along with CryptoProcessing.com becomes the perfect match for the iGaming market,” commented Andrey Starovoitov, Co-CEO at SOFTSWISS.
About SOFTSWISS
SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts 1,500+ employees, is based in Malta, Poland, Georgia, and Belarus. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution.
About CryptoProccesing.com
CryptoProccesing.com is a renowned cryptocurrency payment gateway. Designed to accept popular digital assets and execute instant crypto-fiat exchanges, its goal is to help companies move onto the global stage, quickly and effortlessly, while enabling them to benefit from the wonders of crypto. There is no doubt that players such as CryptoProcessing.com are instrumental to businesses looking to capitalise on this very fact. CryptoProcessing.com is licensed and fully compliant with regulations. The company does not simply offer its clients crypto processing services, but also provides transaction risk scoring, conducts thorough customer due diligence, and has been audited by 10Guards and Hacken, with zero vulnerabilities detected.
As the European crypto community prepares for the implementation of the MiCA, Kyrrex is organizing an online X panel to discuss the potential impact and future trajectory of the industry under this new regulatory framework.
The panel “Is MiCA that Bad? The Future of Crypto in Europe,” will take place on November 14, 2024, at 12:00 CET on X Spaces.
This event aims to offer an in-depth examination of the challenges and opportunities that MiCA presents, drawing on the expertise of industry leaders and stakeholders.
Key speakers for the discussion include Mike Romanenko and Kevin Plumpton from Kyrrex,
Tomer Warschauer Nuni from Kima Network, Andrea Zapparoli Manzoni from H4ckManac, Thanos Tsavlis from Cyberscope, and Anoop Nannra from Trugard Labs. Their insights will help attendees understand how MiCA may reshape the crypto landscape and what this means for different segments of the market.
“As MiCA ushers in a new regulatory era for the crypto industry, open discussions are crucial for navigating this transition effectively. By bringing together voices from various sectors, we aim to foster a deeper understanding and proactive approach to the opportunities and challenges ahead,” said Mike Romanenko, CVO & co-founder of Kyrrex. “Engaging in conversations like these helps ensure that the community is informed and prepared for the future of crypto in Europe.”
The panel will be structured to encourage interaction and participation, allowing attendees to submit questions and engage in a discussion with the panel. Topics are expected to include compliance, innovation, and strategies for navigating the evolving regulatory environment.
This event offers professionals, enthusiasts, and stakeholders an opportunity to gain a clearer perspective on what lies ahead as MiCA begins to take effect. It will also provide a space for dialogue and knowledge-sharing, fostering a greater understanding of the potential impacts on the crypto sector in Europe.
Panel “Is MiCA that Bad? The Future of Crypto in Europe” details:
- Date: November 14, 2024
- Time: 12:00 CET
- Platform: X Spaces
The post Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe appeared first on European Gaming Industry News.
SCCG Management, a leading advisory firm in the global gaming industry, has announced a sponsorship partnership with Hoppa! Card, a pioneer in crypto payments and banking solutions. This collaboration is set to revolutionize the payment landscape for the gambling industry with a strong focus on crypto technology, leveraging SCCG’s extensive ecosystem of over 120+ client partners and its global presence across all major regions.
Through this partnership, SCCG Management will support Hoppa! Card in delivering their innovative crypto payment and banking solutions to a wider audience within the gaming industry. The synergy between SCCG’s expansive network of client partners and Hoppa! Card’s cutting-edge financial technology aims to enhance the efficiency and security of managing complex payment needs in the gambling sector.
Hoppa! Card’s flagship products, including the Exclusive Global Soft KYC High Limit Crypto Offramp VISA Card and the Unique Payment Gateway, are designed to meet the most challenging payment requirements. The VISA Card offers high limits and the highest possible privacy standards with anonymous cards, ensuring global accessibility with both virtual and physical card options. The Payment Gateway provides seamless processing for various crypto and fiat transactions, eliminating chargebacks and non-acceptance of cards, while catering to all gaming licenses and jurisdictions.
Stephen Crystal, Founder and CEO of SCCG Management, said: “Partnering with Hoppa Card allows us to provide our clients, as well as our global network of operators and platform providers, with crypto-focused payment solutions that are crucial in today’s fast-evolving gaming industry. Their innovative products align perfectly with our mission to drive strategic growth and maximize revenue for our partners.”
Igor Lavrih, CEO of Hoppa Card, said: “We are excited to kick off the partnership with SCCG, merging our payments expertise with their deep market insights to explore new opportunities and drive innovation. We look forward to the synergies our partnership with SCCG will bring forward, delivering unique payment solutions in the gaming industry to an array of growing and established businesses.”
Compliance Updates
Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety
Fintech crypto company Payhound has selected Chainalysis, the blockchain data platform, to safeguard operations from exposure to malicious activity and uphold strict compliance standards.
With a strong commitment to combating illicit activities and a regulatory obligation to safeguard its customers, Payhound has chosen Chainalysis as part of its compliance and risk management strategy. This collaboration underscores Payhound’s dedication to maintaining top-tier regulatory compliance and security standards within the industry.
Chainalysis is leading the way in establishing a safe global economy built on blockchains through its blockchain data platform, which assists businesses and governments in making informed decisions and protecting their customers. By implementing Chainalysis solutions, companies gain access to a suite of investigation, compliance and risk management tools.
Michele Santulin, Regional Director Mediterranean Area at Chainalysis, said: “In today’s crypto market, where trust is key to success, companies like Payhound need to take advantage of blockchain’s built-in transparency and use advanced blockchain analysis solutions to maintain strict adherence to regulations, protect their brands, and last but not least, offer reliable services to their customers. We are thrilled to support Payhound in that mission.”
Elton Dimech, Managing Director at Payhound, said: “Chainalysis is an invaluable resource for companies such as Payhound. Their forensic data and analytical approach, allowing for continuous crypto transaction monitoring, has proven indispensable in an effort to adhere to our own AML and Compliance obligations.”
The post Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety appeared first on European Gaming Industry News.
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