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Friday, April 19, 2024

Popular Current Trends with Online Payments In UK

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The global online gambling industry is in a perpetual state of evolution. Always at the forefront for adopting new technology, the highly saturated market continues to push for innovation and embrace growing trends.

For instance, every year we see manufacturers releasing their latest edition of the smartwatch, this has come to the attention of game developers Playtech who have spotted the potential for the wearable gambling market and have begun design on slot apps for Apple watches.

Virtual Reality (VR) technology has featured already in online casinos with popular titles Gonzo’s Quest, Twin Spin and Starburst available in VR versions. It’s rumored that some developers are already working on plans to develop virtual reality casinos for a greater depth of experience.

Increased Popularity in Mobile Apps

Mobile gaming continues to rise as more and more players take to their smartphone or tablet for online gambling. Almost all UK casinos provide fully optimized platforms for gaming on the move. Naturally, with the rising trend in mobile usage, we have seen an upturn in the number of online gamblers opting to play at pay-by-mobile casino sites.

In the UK, Apple Pay is the preferred mobile app payment method and is available at several of the top online casinos. However, Google Pay has also seen an increase in demand and we expect to see an upcoming rise in the number of online gambling sites adopting this Android mobile app method. 

Why Apple Pay?

Apple Pay gives players the freedom to make online payments with peace of mind from anywhere within the world. It’s security features are second to none and the hassle-free transactions are completed with speed and efficiency.

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When verifying transactions, Apple Pay utilizes biometric authentication through Facial Recognition and Touch ID. Players can enjoy instant deposits and withdrawals, plus there is no sharing of financial details between Apple Pay and the online casino.

Other advantages include fee-free UK casino deposits and withdrawals, higher deposit limits than some other payment methods plus eligibility for casino welcome bonuses and promotions. All you need to do is register at a reputable online casino and simply make a deposit.    

When it comes to reputable online casinos, the market is so saturated that it’s hard to know which site is the best. One solution is to visit https://www.thedigitalbankingclub.com/uk/ , a reliable site which checks and scores online payment methods used to deposit in online casinos in the UK using various parameters.

The site provides the most accurate of information and not only does it analyze online payments for the UK online casino and betting niche, but it will then give final recommendations for the best possible online casinos that operate in the UK and which payment methods can be used.

Crypto Gambling Continues to Rise

Cryptocurrency gambling is still said to be one of the most prominent gambling trends for the UK in 2022, despite the recent crypto crash. It appears more and more players are seeking out the best crypto gambling sites to wager online.

Over recent years, the peer-to-peer payment method has been adopted by several casinos around the world. It’s true to say that the UK has been a little slower to accept the decentralized digital currency but market trends show that this is changing with an increased number of online casinos adding the likes of Bitcoin and other cryptocurrencies to their preferred payment options.

The digital currency has several benefits for online gamblers which include anonymous and fee-free transactions, easy deposits and faster withdrawals. With an increased number of online casinos offering crypto as an online payment method, players are also finding a plethora of crypto bonuses to claim.

Moving Forward

With the rise of mobile gaming, we can only envisage a continued increase in the use of mobile app payment methods. We expect Google Pay to become more prevalent than it is now and for Apple Pay to continue its domination of the UK’s iGaming market. 

Though fiat payment methods will remain the primary option at many of the UK’s most popular online casinos in 2022, we do expect to see a continued adoption of Bitcoin and other cryptocurrencies throughout the industry. Not least for the reasons of security, anonymity and lightning transactions.

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