Crypto Payments in iGaming: Convenience or Competitive Edge?

The iGaming industry faces persistent payment challenges, from fraud risks to cross-border complexities. crypto payments emerge as a pragmatic solution, offering irreversible transactions and reduced fraud exposure. Blockchain's inherent security features eliminate chargebacks and sensitive data storage—key pain points in traditional systems.

Dmytro Miliukov, CEO of Corytech, highlights the operational toll: "Managing payments across jurisdictions isn't just regulatory—it's emotional, operational, financial." With merchants losing 3% of eCommerce revenue to fraud annually, crypto's value proposition becomes tangible rather than speculative.

The technology delivers measurable advantages: near-instant settlements, lower processing fees, and global accessibility. These aren't theoretical benefits but operational necessities for an industry processing high-volume microtransactions across regulated markets.