Case Study: How NOWPayments Transformed Crypto Payments for an iGaming Platform

A leading global online gaming platform, specializing in sports betting and casino games, aimed to enhance the player experience through seamless, reliable crypto payment solutions. As part of its ongoing efforts to meet rising player demand for cryptocurrency deposits, the company sought to improve its payment systems to ensure faster, more dependable transactions while minimizing operational friction.

The Challenge

  1. Payment Reliability: Players expect deposits to be processed quickly and without error. Delays or mismatched transactions lead to frustration, churn, and lost revenue opportunities.
  2. Operational Efficiency: The company needed a crypto payment solution that would simplify backend processes, ensuring smooth reconciliation without adding unnecessary overhead to the operations team.
  3. Growing Demand for Crypto: As more players opted for cryptocurrency over traditional payment methods, the company needed to offer a simple and reliable payment gateway that would support this growing trend.

Previously, the company had difficulties with other crypto payment processors, including lost transactions, delayed deposit confirmations, and slow support responses. These issues negatively impacted both the player experience and internal operations, resulting in inefficiencies and lost business opportunities.

Why the Company Chose NOWPayments

After evaluating various payment processors, the company chose NOWPayments for its simplicity and efficiency. The decision was based on several key factors:

  • Ease of Use and Simplicity: NOWPayments stood out for its intuitive user interface and easy integration process. The platform’s clear API documentation and simple setup made it easy to implement without disrupting ongoing business operations.
  • Wide Range of Supported Cryptocurrencies: NOWPayments’ ability to support a broad range of digital currencies (beyond just Bitcoin and Litecoin) allowed the company to accommodate a diverse player base.
  • Fast and Dependable Transactions: NOWPayments provided fast deposit processing, minimizing delays and allowing players to start playing almost immediately after depositing.
  • Responsive Customer Support: The company’s team found NOWPayments’ support team to be timely, knowledgeable, and quick to resolve any issues, ensuring smooth operations.

Implementation

Integrating NOWPayments into the platform was a seamless process. The company’s product and operations teams followed the detailed API guides provided by NOWPayments, ensuring a smooth transition without significant disruptions to ongoing operations. Internal training focused on educating the team about the speed and simplicity of crypto payments.

Results

After integrating NOWPayments, the company observed several positive outcomes:

  • Higher Deposit Success Rate: The platform experienced a noticeable increase in the success rate of crypto deposits.
  • Faster Time-to-Play: With quicker deposit confirmations, players could begin their gaming sessions almost immediately after making a deposit.
  • Increased Crypto Adoption: The simplicity and reliability of NOWPayments encouraged more players to transition from fiat to crypto deposits.
  • Reduced Operational Friction: With easier reconciliation and fewer payment-related support tickets, the operations team could focus on other critical tasks.

Partner Testimonial

“NOWPayments was our first and final choice for a crypto payment gateway. Their simplicity and ease of use were the deciding factors, allowing for a seamless integration that immediately enhanced our operations.”

Key Benefits of NOWPayments:

  1. Improved Cash Flow: Accelerated settlement times led to faster access to funds, improving liquidity and cash flow.
  2. Streamlined Operations: The integration of NOWPayments was smooth, and its ease of use allowed the company to scale operations without being bogged down by payment-related issues.
  3. Higher Conversion Rates: The simplicity and reliability of crypto payments encouraged more players to switch from fiat to crypto deposits, contributing to overall business growth.

Looking Ahead

The company is committed to further improving its crypto payment offering by providing players with more flexibility and speed while maintaining lean operations. With NOWPayments, the company has built a strong foundation for continued growth and innovation within the online gaming industry.

At a Glance

  • Use Case: Crypto deposits for online gaming platform
  • Key Wins: Higher deposit success, faster deposit confirmations, increased crypto adoption, improved player conversion rates
  • Why NOWPayments: Simplicity, wide range of supported cryptocurrencies, fast transactions, and excellent customer support

Ready to streamline your crypto payments and offer a superior user experience?
Integrate NOWPayments today and improve both your operational efficiency and customer satisfaction.