Product used
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Checkout Session
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Global
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iGaming and Casino
28%
Increase in the revenue
12%
Avg. new customer gain
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Background
The platform’s success is built on its commitment to providing a seamless, immersive gaming experience backed by state-of-the-art technology and innovative features. The gambling industry continues to evolve, driven by technological advancements and changing consumer preferences. Gemini Casino recognized the need to adapt and innovate to maintain its competitive edge.
One of the critical areas identified for improvement was its payment processing system. With increasing tech-savvy players seeking faster, more secure, and cost-effective payment options, Gemini Casino aimed to enhance its payment infrastructure to meet these demands. To achieve this, Gemini Casino embarked on a search for a cutting-edge solution that could address these challenges and support its growth in the competitive online gambling market.
Features: Diverse gaming selections, easy to navigate, live dealer games, HD streaming.
The problem
Gemini Casino faced several challenges with its existing payment processing system:
1. Slow transaction times
Traditional payment methods resulted in delays, which frustrated players. The casino’s slow processing speed hindered its ability to offer a seamless gaming experience.
2. High transaction fees
The costs associated with traditional payment methods were substantial. High transaction fees reduced the casino’s profit margins and added an extra burden on players over their winnings.
3. Cumbersome international transactions
Processing payments from international players was complex and time-consuming. Currency conversion issues and cross-border banking regulations led to additional delays. International players experienced dissatisfaction due to the lengthy and complicated transaction process.
4. Security concerns
Traditional payment methods posed security risks, making players wary of potential fraud. Ensuring secure transactions was a constant challenge, impacting player trust and the platform’s reliability.
5. Need for a modern solution
Gemini Casino needed a payment processing solution that could effectively address these issues. The goal was to find a system that offered faster, more secure, and cost-effective transactions. Improving user satisfaction and streamlining operations were top priorities to maintain a competitive edge.
Why Speed?
Gemini chose Speed as their issuer processor for the checkout session for a few key reasons:
- To hold a global presence
- To counter with currency conversion and banking regulations
- To be on the front foot from their competitors
- Gemini holds trust in Speed for its history of reputation in supporting clients.
The solution
Gemini Casino implemented Speed’s “Checkout Session” solution to address the challenges posed by traditional payment methods. This strategic move was designed to enhance the casino’s payment system’s overall efficiency and user experience. Here are the key aspects of the implementation:
1. Facilitate instant bitcoin payments
The integration of Speed’s “Checkout Session” allowed for near-instantaneous Bitcoin transactions. This speed significantly improved the user experience by reducing wait times for deposits and withdrawals. Players could now access their funds quickly, enabling uninterrupted gameplay and enhancing overall satisfaction.
2. Reduce transaction fees
Speed’s solution offered a cost-effective alternative to traditional payment methods. By leveraging blockchain technology, transaction fees were significantly lowered. These savings translated into substantial cost reductions for the casino and its players, making the platform more attractive and competitive.
3. Ensure secure and reliable transactions
Security was a paramount concern for Gemini Casino, and Speed’s “Checkout Session” provided robust security features. The use of blockchain technology ensured that all transactions were secure and tamper-proof. This enhanced level of security boosted player confidence in the platform, knowing their funds and personal information were protected.
