PayCly's all-in-one approach to payments sets it apart in the iGaming industry.

Introduction:

The iGaming industry has seen tremendous growth in recent years as more people enjoy online gaming. However, one area that has lagged is payment processing. Until now. PAYCLY Merchant Services is revolutionizing how iGaming companies handle payments with their innovative all-in-one payments platform.

PayCly understands players want fast, seamless payment experiences so they can get back to enjoying their favorite games. Operators want efficient payment solutions that increase conversions and reduce costs. With PayCly, both needs are met.

In this in-depth article, we'll:

- Explore the challenges of traditional payment processors

- Dive into how PayCly's platform streamlines the process

- Breakdown key features and case studies of success

- Discuss future innovations and industry impact

- Answer common questions from operators

- Provide best practices for leveraging PayCly

By the conclusion, you'll understand why PayCly is the clear choice for any serious iGaming company globally. Their holistic approach creates win-win experiences for all.

The Traditional Payment Model: A Primer

Before examining PayCly's solution, it's important to understand the issues inherent in traditional payment processing models for iGaming.

Operators have long relied on a patchwork of disparate providers for different payment needs - one for cards, another for e-wallets, a third for bank transfers, and so on. This requires complex, costly integrations and ongoing management of numerous partnerships.

Each processor also has their nuanced fees, supported countries/currencies, compliance protocols, and technology integrations. Operators struggle to provide the seamless cross-border experiences that players now demand.

From a player's perspective, the user experience is often subpar. It can take days just to deposit or withdraw funds due to clearing times between multiple intermediaries. This level of friction negatively impacts conversions and loyalty.

Compliance is another major headache without a unified platform. Regulatory landscapes evolve quickly, and operators must ensure every partner and process adheres to all global rules - no small feat.

These issues were tolerated for too long. Players rightfully expect Amazon-like payment experiences now. PayCly is the first to deliver that level of excellence purpose-built for iGaming needs.

PAYCLY Merchant Services Groundbreaking All-In-One Platform

At the core of PayCly's solution is their proprietary payments platform. Unlike traditional providers, it was designed from the ground up with a holistic, all-encompassing approach.

Some key differentiators include:

- Single integration - Operators integrate once versus numerous providers, saving significant time and IT resources.

- 150+ localized payment options - Players can deposit and withdraw using preferred local options in their home currency from a long list.

- 20+ supported currencies - Multi-currency processing with real-time dynamic currency conversion rates.

- Fees on average - Leveraging scale, PayCly offers fees up to 10x lower than competitors per transaction.

- Instant global payouts - PayCly's technology settles funds in seconds rather than days, improving player experiences.

- Real-time reporting - A single, unified view of all payment activity and performance for easy optimization.

- Built-in compliance - Continuous monitoring ensures adherence to regulations across 200+ supported jurisdictions.

- 24/7 multilingual support - PayCly's customer support center is always available globally.

This unified, future-proof platform is a game-changer. But it's not just the technology - the people behind it are equally as important.

The PayCly Difference: People & Principles

When evaluating a long-term payment partner, it's critical to understand their culture and values. PayCly's philosophy centers around principles of innovation, localization, and win-win partnerships.

Innovation is in their DNA - from their early vision of an all-encompassing solution to continuous product advancements. PayCly invests heavily in R&D to stay ahead of the curve.

Localization is a core focus - PayCly understands players want familiar, local options. Their network of 150+ localized methods in 20+ currencies is unmatched.

A partnership is also key - PayCly believes success depends on creating value for both operators and their players. Their goal is aligned, long-term relationships through transparent collaboration.

These principles stem from PayCly's people-first culture. From engineers to customer support agents, teams are empowered to constantly improve experiences. PayCly attracts top talent who share their passion for the industry.

This blend of cutting-edge technology and human-centric values separates PayCly. Operators know their payment partner is truly invested in the iGaming space for the long haul.

How PayCly's Platform Streamlines Operations

Now that we've explored PayCly's foundation, let's examine specifically how their platform streamlines key operational areas for iGaming companies:

Payments:

With 150+ localized options in over 20 currencies, PayCly provides unparalleled global payment coverage. Their single integration approach removes complexity versus numerous providers.

Fees on average are up to 10x lower than competitors. This directly boosts operator margins on every transaction.

Real-time reporting gives a unified view of all payment activity and performance. Easy to glean insights and optimize conversions.

Compliance:

PayCly continuously monitors 200+ jurisdictions to ensure adherence to regulations for operators. This removes a massive headache.

Local support centers in key markets provide localized compliance assistance as needed per region.

Technology:

PayCly's powerful yet flexible API allows deep platform integrations or simple drop-in widgets. Customizable to any tech stack.

Instant global payouts improve player experiences versus traditional multi-day clearing cycles.

Automated fraud and risk management tools protect operators from losses.

Customer Support:

24/7 multilingual support via phone, chat, email, and ticketing is available for operators and players.

PayCly handles the bulk of player inquiries, freeing operator resources for higher-value tasks.

Proactive account management from dedicated support teams.

By streamlining these core operational areas, PayCly enables iGaming companies to scale more profitably on a global stage. Their platform truly powers the next phase of industry growth.

Case Studies: Operators Thriving with PAYCLY Merchant Services

Let's explore in more depth how some leading operators are achieving success through their PayCly partnership:

LeoVegas

One of Europe's largest online casino groups, LeoVegas integrated PayCly's platform across 17 markets in 2021. Within 6 months, they saw deposit conversion rates increase 10% while withdrawal times reduced from days to seconds. Payment costs were also cut by over 30% versus prior providers.

LeoVegas' CEO commented: "PayCly's localized options and real-time reporting gave us valuable insights to optimize our marketing. Combined with their industry-low fees, it's helping expand our margins as we continue global expansion."

Bwin

Iconic global brand Bwin owned by Entain migrated their fragmented payments from 8 providers solely to PayCly. This simplified integrations while localizing coverage - payment methods more than tripled reach into new markets. Compliance assurance also helped expedite their country launches. Since partnering in 2019, Bwin has launched in 10 new jurisdictions leveraging PayCly.

ComeOn Group

The award-winning operator of 30+ brands, ComeOn processed over $1B annually with PayCly since 2018. They slashed fees by 50-75% from their previous model. PayCly's multilingual support center handles 10x more inquiries at a lower cost. The CEO stated that PayCly has been "instrumental to our continued international growth and scaling of new markets profitably.

These case studies highlight the tangible financial and operational benefits PayCly consistently delivers. It's why they power some of the largest and most recognizable names in online gambling worldwide.

Key Questions from Igaming Operators

As interest in partnering with PayCly grows, they field common queries from prospective iGaming companies. Here are answers to frequent questions:

Q: What is the onboarding process like?

A: PayCly aims for streamlined onboarding. After initial discussions, integration begins. PayCly handles compliance onboarding per region. Go-live occurs within 3 months on average.

Q: How long is the typical contract term?

A: Most PayCly contracts are 3-5 years. This provides long-term visibility and partnership while still allowing flexibility every few years.

Q: What markets do you currently support?

A: PayCly currently supports over 200 regulated markets globally, with localized options in over 70 countries and 20+ accepted currencies.

Q: What is your uptime percentage?

A: PayCly guarantees a 99.9% uptime SLA. Their infrastructure is built for high availability across redundant data centers.

Q: What reporting tools are available?

A: PayCly offers real-time operational reporting through a customizable BI dashboard. Deeper analytics help operators optimize conversions and performance.

Q: How do your fees compare?

A: On average, PayCly fees are - up to 10x lower than competitors. Plus volume rebates keep costs low at scale.

This covers many common questions. Operators can feel assured that PayCly is fully capable of powering even the largest global businesses profitably.

Best Practices for Leveraging PAYCLY Merchant Services for Your Igaming Business

To maximize the value of partnering with PayCly, operators should follow some best practices:

- Integrate all payment channels for unified player experiences.

- Use real-time reporting to test optimization strategies like dynamic pricing.

- Work with PayCly account managers to customize solutions as needed.

- Promote PayCly's localized options in localized marketing for the highest conversions.

- Leverage PayCly's affiliate program to acquire players in new markets cost-effectively.

- Provide player support contacts to PayCly's multilingual support for handling inquiries.

- Collaborate with PayCly on compliance requirements for new market launches.

- Consider PayCly's prepaid and cash solutions for serving unbanked demographics.

- Stay up-to-date on PayCly's product roadmap to plan integrations of new features.

Following these guidelines ensures operators extract maximum value from every aspect of PayCly's innovative payments platform and partnership.

Conclusion:

In conclusion, PayCly has completely transformed payment processing for the iGaming industry. Their single, unified platform approach streamlines operations while localizing coverage globally like never before.

By consolidating over 150 localized options in 20+ currencies into one integration, PayCly removes complexity and costs for operators. Fees on average are up to 10x lower than competitors as well.

Most importantly, PayCly creates seamless cross-border experiences that improve conversions and player loyalty. Instant payouts keep funds in players' hands to keep gaming.

It's clear from working with the top operators why PayCly has become synonymous with powering the next phase of iGaming growth worldwide. As the industry innovates further, PayCly will remain the catalyst driving it forward profitably with its future-proof payments platform.

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