Mystino Selects Bitpace for Crypto Payments
Japanese online casino brand, Mystino has opted to choose the Bitpace product, developed by London-based firm SG Veteris.
The fintech group has been working on new technology over the last year, with the aim of this being a multi-functional tool to work across most e-commerce niches, with Bitpace seemingly gathering pace in the online gambling industry.
One of the biggest advantages for Mystino, is that Bitpace offers a much lower transaction fee than most competitors for converting crypto into FIAT currency.
We are committed to providing flexibility in the banking and payment methods that are available to our customers and are looking forward to a successful partnership with SG Veteris. Bitpace offers our customers another convenient way to pay.
We can see that digital currencies are growing in popularity, and we feel confident that Bitpace complements our existing payment method portfolio. It offers a solution that requires little involvement from our side which allows Mystino to concentrate on delivering an outstanding customer experience with each interaction.
Accepting crypto through Bitpace is a quick and easy process and as a global business, Mystino can benefit from easy cross-border trade as cryptocurrencies are not subject to foreign currency transaction fees, local taxes, or exchange rate fluctuations.
Our goal is to make accepting crypto a seamless process and increase adoption by appealing to consumers who are looking for more places to spend their crypto. Our goal is to make accepting crypto a seamless process and increase adoption by appealing to consumers who are looking for more places to spend their crypto.
Mystino Reputation Growing
Marketed as a crypto casino, Mystino has grown in reputation over the last year and is a particularly well-stocked site with a robust Live Casino as well as slots from a wide range of the industry’s best software providers.
By integrating the technology from Veteris, it will allow customers to be able to access their funds quicker and at a much lower cost in terms of transaction rates.
Crypto casinos themselves have become considerably popular over the last couple of years, especially since the explosion of cryptocurrencies. Mystino offers players a wide range of deposit options in terms of the currencies that are allowed.
While online gambling in Japan is still illegal, this Japanese-themed brand is actually licensed by Curacao, and as a result, it is classed as an ‘off-shore casino’, which means customers in Japan can still use it.
It appears as though regulation in Japan may still be some way off, despite somewhat of a resurgence in the popularity of land-based casinos, particularly in Tokyo.
Crypto Casino Popularity Increasing?
Although crypto casinos are not mainstream, there is an argument that these may increase in popularity over the next couple of years, especially as new markets, such as the US and LATAM (Latin America), continue to open up.
Mystino could certainly be one of those that challenges for the crown of being the leading crypto casino and having added the Veteris technology, this can only help it to improve its customer satisfaction rates, thus increasing its reputation.
For Veteris, no doubt this will become a niche that the company will look to explore further as it gains more traction in the industry.