How do iGaming Companies Benefit from FLOKI?

FLOKI is on a mission to become the most popular crypto in the universe and it has certainly achieved a lot so far. It has built a community of over 400k people and has undertaken efforts to make the world a better place through charity work. The generous and expansive community of FLOKI is what makes this coin a lucrative market for so many businesses. The iGaming industry companies also can have a piece of this pie and attract FLOKI holders by providing them with the ability to pay in their favorite coin. NOWPayments is always ready to serve companies with reliable tools for getting FLOKI payments in a quick and zero-fuss way.

How do iGaming Companies Benefit from FLOKI?

Key points:

  • FLOKI constitutes an attractive market for iGaming businesses.
  • FLOKI payments are global and take only a couple of minutes.
  • With NOWPayments, iGaming companies can start accepting FLOKI without KYC and upfront expenses.

What Is FLOKI Crypto?

About FLOKI

The FLOKI token was launched as a meme crypto back in 2021 on both BSC and Ethereum. Since then, it has made a truly inspiring progress, successfully evolving from just another funny and cute coin into a growing ecosystem of Web3 products. Today, FLOKI powers the Valhalla Game, the FLOKIFi DeFi platform, FLOKI University, and the FLOKIPlaces NFT Marketplace. Essentially, the value of the FLOKI token is supported by this selection of projects, which have already achieved much recognition both in the FLOKI community and beyond. For instance, the Valhalla NFT Game is projected to become one of the hottest titles in the Web3 realm, while the FLOKIFi platform has successfully secured a place of its own in the DeFi market.

New clients

New clients

FLOKI has enjoyed an impressive scale of investor support since its launch, quickly becoming a fan favorite in the cryptocurrency world. Its success has been largely due to the strong sense of community it has created.

In fact, there is even a special name for FLOKI fans, the FLOKI Vikings. And just like these brave warriors of the past, the modern FLOKI Vikings demonstrate an extreme passion when it comes to promoting their favorite asset. Businesses can capitalize on the FLOKI community and convert these Vikings into loyal customers. FLOKI investors are always happy to spend their coins on products and services if it can be helpful for driving wider adoption of FLOKI.

Privacy

Privacy

When using FLOKI, users do not have to reveal their personal information to anyone. To get started, one just needs to generate a crypto address and have a stable internet connection to conduct transactions.

Accessing the FLOKI infrastructure is easy and everyone is welcome to make use of it anonymously. This is extremely beneficial for businesses, as it allows them to provide their customers with a secure, private payment method. With FLOKI, your customers can pay for your products confidentially.

Access to international markets

Access to international markets

FLOKI has the capacity to simplify interactions between businesses and clients by removing unnecessary barriers between them. This is especially advantageous when it comes to international payments.

With traditional banking institutions, companies may struggle with receiving payments on time and, in some instances, have to wait days for the payments coming from abroad to be finalized. FLOKI offers a reliable and speedy solution for international transfers. In most cases, FLOKI coin transactions take only a few minutes. Companies looking to expand their reach overseas can use FLOKI as a secure and efficient payment gateway.

Secure funds management

Secure funds management

Businesses have the exciting chance to take full ownership of their money with the help of FLOKI and other cryptocurrencies. This is because by keeping FLOKI coins in a non-custodial wallet, businesses will be able to maintain control over their private keys, which grant access to their crypto.

Thus, they will avoid the need to depend on any external parties to manage their funds such as banks. Companies can store their FLOKI in a safe manner, without sharing custody over their coins with anyone. This also means that businesses are free to manage their funds in any way they see fit. They can exchange them for another asset or send to a different address at any time.

Restrictions-free use

Restrictions-free use

FLOKI is always available 24/7 and all year round, meaning that there are no delays or limitations when it comes to sending and receiving transactions.

This is important for businesses looking to expand their operations and reach more customers. There are no limits when it comes to how many transactions can be made, so businesses can take full advantage of all of the opportunities available to them. Thanks to having the ability to use FLOKI anytime, businesses can maximize their potential and reach more customers and earn larger profits.

How Can Gaming Benefit from FLOKI?

Prompt transaction processing

Using NOWPayments to process your payments will not cause your businesses to experience any delays. With NOWPayments, accepting FLOKI will take only a few minutes. When it comes to recurring payments, your customers can top up their accounts with FLOKI or other cryptocurrencies and NOWPayments will move the funds to their accounts immediately.

NOWPayments applies no restrictions on international payments no matter where your customers are located. Anyone with a browser can easily make use of NOWPayments’ services.

No KYC

At NOWPayments, users are not required to pass any kind of KYC or identity checks. This means that anyone can use payment tools without having to reveal any personal information. When it comes to making payments through our billing solutions, your customers also can use these anonymously, with no need to share their identity. NOWPayments is a great option for businesses that wish to keep their payment processing as private as possible for their clients.

Zero-cost set-up

Integrating NOWPayments’ billing solutions is easy, and, on top of that, it will not cost you a penny. No need to worry about upfront costs or hidden fees. NOWPayments embraces the pay-per-use model. This means that you will only be charged for payments that you receive.

Chargeback-free

NOWPayments lets you step up your ability to deal with chargeback fraud. In the case of FLOKI, chargebacks are simply impossible because its transactions are irreversible. Thanks to FLOKI, you will not have to worry about scammers. In fact, this also means that from now on you will be the only one to decide whether to send refunds or not.

Low processing fee

NOWPayments charges 0.5% per transaction, which will be hardly noticeable for you. The rate charged by NOWPayments is far more reasonable than what you would find at banks and other traditional services. In fact, the fee is so low that it will not have any significant impact on your bottom line.

How Can iGaming Projects Use NOWPayments?

Recurring Invoicing

The Recurring Invoicing give businesses the chance to make and send invoices to their customers in FLOKI and get paid in crypto. This solution grants many advantages, such as the availability of more than 150 cryptocurrencies, which companies can receive as payments through NOWPayments. Furthermore, businesses have the option to select a non-custodial service if they prefer an immediate and direct payout, or they can choose to store their funds with NOWPayments and withdraw them later.

Here is how you can set up Recurring Invoicing from NOWPayments:

  1.  Create a NOWPayments account.
How you can set up Recurring Invoicing from NOWPayments
  1. Provide your FLOKI payout address.
How you can set up Recurring Invoicing from NOWPayments
  1. Use the Recurring Invoicing API (read the detailed instruction).
  2. Set up a recurring payments plan.

Custody + Custodial Recurring Payments API

The Custodial Recurring Payments is a tool letting your customers fund their accounts on your platform or website with FLOKI or other cryptocurrencies. This helpful tool can provide several advantages to your business. It enhances the user experience, making it simple for your customers to just make a single payment, instead of having to make multiple small transactions. Additionally, you can tailor the billing process to your customers’ activity on the platform, giving them more control of their balance. Lastly, you can easily manage transfers to and from clients’ deposit accounts.

Here is a guide on how to begin using the Custodial Payments tool:

  1. First, create a NOWPayments account.
  2. Provide your FLOKI payout address.
  3. Go to the “Custody” section.
How to begin using the Custodial Payments tool
  1. Read the Custody Solution user agreement, agree to the terms, and press “Continue.”
How to begin using the Custodial Payments tool
  1.  Provide your IP address, which you plan to use to send salaries, check the box to agree to the Custody Solution terms, and press “Continue.”
How to begin using the Custodial Payments tool
  1. Wait until NOWPayments finishes the set-up process.
How to begin using the Custodial Payments tool
  1. Once the system is ready to process your transactions, it will show you the following page:
How to begin using the Custodial Payments tool
  1. Now, you can follow the guide on how to implement the Recurring Custodial Payments and deploy the tool. Contact us at [email protected] if you have any questions.
  2. Create deposit accounts for your users via the Billing API.
  3. Set up a recurring payments plan.
  4. Allow your customers to top up their deposit accounts.
  5. Charge your users automatically based on their activity on your platform.

Conclusion

FLOKI provides iGaming businesses the chance to take advantage of its huge community. NOWPayments assists companies in streamlining their FLOKI payment processing making it easy to manage and fast.

Learn More about Floki Payments