Mobile Payments Likely To Be A Prominent Feature Of Online Casinos In 2020

Mobile Payments Likely To Be A Prominent Feature Of Online Casinos In 2020 ( Click to Enlarge )

Gamers worldwide are spending billions to unlock new features and gameplay in the mobile games they love. This indicates that gamers have accepted the concept of spending on games they play on mobile, and many appear to be happy with the offerings. With the market booming, it’s looking likely that online casinos will be trying to work on these kinds of mobile payments in 2020.

The Importance Of Mobile To Online Casinos

Online casino revenue now has a significant revenue share coming from mobile gaming. The availability of mobile games means players are enjoying being away from their computers as they play slots, bingo and table games.

Casino games are consistently developed to run flawlessly on mobile devices, and gamers are wasting no time in consuming the mobile option.

On their mobile devices, players can choose between playing in browsers or via the mobile apps of their favourite casinos. It takes time and money to provide content in this way, but it enables casinos to keep players active for longer during the day, meaning they will potentially spend more.

Why Do Consumers Like M-payments?

Online casino gamers are very careful with payments. They value features like speed and security so that they can access their winnings safely with as little delay as possible.

If online casinos develop online payment solutions, they need to be easy to use if they are to be popular.

They must also be available on both the app and browser versions of the casino. Providing this type of payment solution could enhance the mobile casino experience for players.

As it stands, mobile casino players have a few options for adding money to their accounts. Debit/credit cards, Neteller, PayPal and Skrill are common options, but 2020 is likely to see the arrival of new options.

For example, Casino fintech brand OKTO is planning its new OKTO.WALLET (Released at ICE 2020), which promises enhanced security, swift transactions and payments to stores.

The success of Apple Pay has been an inspiration to fintech companies, and people are getting used to innovative, digital payment methods.

Expect to see online casinos adopting these new payment methods or even developing their own. However online casino operators choose to incorporate them, it seems mobile payments are going to soar in 2020, and players are sure to thank them for it.