Rapid innovation has taken place in online gaming payments, including faster deposits and seamless withdrawals, one-click features, and built in biometrics.
Customers expect to have a fast and seamless online experience, whether they are placing bets, depositing funds or withdrawing winnings, and in turn, companies are expected to support a smooth user journey whilst minimizing fraud.
Collecting and processing customers’ personal data has become more challenging and important than ever and this includes the adoption of internationally recognized standards concerning data privacy and information security.
Despite comprehensive security features, criminals may still exploit certain vulnerabilities- fraud and card theft remain to be high security concerns and therefore, secure payments methods and additional layers of security need to be considered to prevent and detect potential data theft.