How ePay247 can provide a safe payment gateway for the rapid rise of the new eSport industry’

Richard Raw

11 May 2021

In recent years, esports has become an increasingly popular phenomenon, with professionally organised tournaments selling out to massive crowds and filling huge stadiums.  Whilst the pandemic may have put a stop to in-person viewing, as far as these competitions are concerned, the very nature of these games ensures that people can continue to watch at home.  As a result, this is certainly one industry that doesn’t seem to be showing any sign of slowing down.

The reality is that esports (the professional playing of organised video game competitions) is only going to go from strength to strength, which means more money is going to continue to be invested in this industry.  It doesn’t matter whether funds are being paid for memberships, entrance fees, advertising or ultimately to reward winners with prize money – they key aspect any organiser is going to have to consider is how to securely, safely and quickly transfer money to the intended recipient.

This is where ePay247 can help.  As the global leading specialist payment gateway provider for online businesses (including esports), we can provide you with the right payment gateway you are looking for, with the competitive fees you need.

Payment Gateways

If you are looking to take debit or credit card payments via your website, then our eGateway will be the solution for you.  Working seamlessly with your current platform, and with technical support in the background should you need it, we can have you up and running in no time at all.

Our service will allow you to accept most cards whilst being able to access industry-leading security and utilising our fraud screening tools to minimise payment issues.  We also offer the option for your customers to pay via link, telephone and MOTO or even set up recurring payments instead of relying on Direct Debits.

eCrypto

Whilst many gaming sites will offer traditional card payment facilities, it is also worth considering whether you want to provide your customers with cryptocurrency options, too.

There are a lot of benefits to potentially using this form of payment, including the removal of fraudulent payment claims and mitigating against expensive chargebacks. Equally, when it comes to larger transactions the fees remain low, meaning there is the opportunity for significant savings to be made.

At ePay247 we can transfer your customer’s chosen cryptocurrency (for example Bitcoin or Litecoin) into your chosen currency, and arrange for this to be transferred in to your account within 24 hours.  This kind of turnaround is almost unheard of in traditional payment processing scenarios, especially when international transactions are taking place.

Thanks to blockchain technology, all payments are securely encrypted ensuring you and your customers can have complete faith in the security of their personal information, and the transaction itself.

eBank2Bank

Alternatively, you might want to consider allowing customers to make payments directly from their bank to your bank in Account-to-Account processing.

This is another quick alternative to the processing of debit or credit cards, and again comes with a minimal fee per transaction in comparison.  As there are no card payments involved, businesses are also saved the potential of experiencing chargebacks from customers.

Find out more about our payment gateways and the ways we can help keep your business secure whilst saving money by contacting us today.