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Singapore, June 22, 2021 (GLOBE NEWSWIRE) – (via Blockchain threadWhen cryptocurrencies turned out to be a viable payment option, everyone was thrilled because of this blockchain technology. Talk about the speed of transactions, privacy, global reach, and the promise of hacker-proof payment solutions.
However, as most of us have realized, it’s been a bumpy ride for cryptocurrency payment providers with several reports of hacking, fluctuating prices, and regulatory restrictions. What could allay our fears and restore the confidence we once had in cryptocurrency payments? Online gaming platforms such as casinos are looking for a solution that guarantees player gaming satisfaction for a safer and faster experience while optimizing casino operations.
Samecoin, a new entrant in the cryptocurrency space, seems to have all the solutions that online gaming platforms are looking for. The Samecoin ecosystem – which consists of a utility coin (Samecoin), stablecoins (SameUSD, SameEUR, etc.) of choice.
What is iGaming Group and what does their endorsement say about Samecoin?
iGamingGroup Endorses Samecoin
Featured as the ultimate provider of iGaming technology stacks, iGamingGroup is the one stop shop for all online gaming systems. The group has high-end clients such as Evolution Gaming, Netent, BetSoft, Rela Gaming, Play n Go and ORYX Gaming.
To date, the iGaming giant has contributed to the development of 7,000 games through advanced industrial solutions ready to be deployed while focusing on modern human-centric interfaces, innovative and tailored to customer demands.
iGG was offer crypto-currencies such as Bitcoin, Ripple, Dogecoin, Ethereum, and Litecoin as part of its extensive payment option plans. The need to provide a faster and cheaper transaction is what drove him to Samecoin.
According to the company’s website, iGamingGroup is always looking to make deposits and withdrawals safer, easier and faster to keep players and casino owners happy. This makes perfect sense as to why the company would choose to endorse the Samecoin ecosystem.
The technology provider iGaming supports more than 30 payment systems accepted worldwide, representing more than 150 payment options. Samecoin promises to be a valuable addition to iGG’s purpose and mission.
Payment solutions designed for online gambling
Samecoin’s payment solution SamePay provides cryptocurrency payment solutions with stablecoins and secure SameID connections. The innovative and easy to integrate payment solution provides a smooth operating experience for both owner and gamers.
The Samecoin system will integrate well with iGaming’s SSL encryption used for online banking, providing online gambling with the highest security. The ecosystem, which includes SameID and SamePay, integrates seamlessly with iGG’s know your customer and anti-money laundering procedures.
Samecoin’s stable coins, SameUSD and SameEuro, aim to eliminate fluctuating crypto prices, which has discouraged many online casino players. The ability of these coins to mimic the stability and simplicity of fiat currencies while retaining the benefits of cryptos makes them perfect for online casinos.
Features that make Samecoin perfect for online casinos
Along with the value stability and security provided by Samecoin’s stable coin family, the ecosystem also includes the SameID and SamePay tools which are invaluable for online casinos.
SameID in online casinos
SameID is an easily integrated user identification feature that eliminates the need for online casino players to use their personal information. Although SameID users have to undergo the KYC procedure, the process is faster than before, saving time and cost spent on more expensive KYC procedures.
When using the SameID, the user verification process can be done through:
· Identification by selfie by facial recognition.
· Passport or identity card.
· Utility bill.
SamePay for cryptocurrency payments at online casinos
SamePay integration simplifies the way players receive and send cryptocurrency at online casinos. Whether it’s SameUSD, Bitcoin, Litecoin or Ethereum, SamePay will serve you well.
SamePay works with wallets for each crypto that casino players will use. Better yet, SameID also applies here; this ensures that an account gives a user complete control over their cryptos while sealing security holes.
Casino operators integrating SamePay can also enable SameID logins to resolve any KYC issues that players might encounter during their integration. It will only take 5 seconds for casino players using the SamePay payment option to get verified. In addition, SamePay secures player data by sending only the data necessary to casinos when SamePay users register through SameID. No personal data is ever communicated.
Since SamePay users will have complied with the KYC procedure when registering through SameID, operators will receive verified players. This will save time and provide much needed operational efficiencies – something iGamingGroup wants to take full advantage of.
SamePay’s simple operational framework for casino owners and user-friendly interface with low crypto transaction costs will help grow a casino’s customer base and enhance brand growth.
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