Rapid Growth of Online Gaming Market in Germany Draws New Payment Providers

As Germany continues to record rapid growth in the online gaming industry, the demand for innovative and smart payment apps keeps getting bigger.

One of the companies that have been leading this charge is Sportwetten, a rapidly growing gaming provider in the country. This sportsbook and casino has recently partnered up with Aircash, a leading payment provider, hoping to enhance its payment processing capabilities and expand its reach in the online gaming sector.

A Payment App for Tech-Savvy Millennials

Sportwetten is a well-known name in the German gaming industry. The operator now bolsters a large and loyal customer base, featuring a wide range of betting options, such as sports, online casino, and virtual sports.

With its innovative approach to gaming and its commitment to providing a high-quality user experience, Sportwetten has been able to attract a large number of customers in a relatively short period of time.

One of the key factors behind the sportsbook’s success is its ability to provide a seamless and secure payment experience for its customers. This is where Aircash comes in. The payment provider specializes inmobile payments, making it an ideal partner for the casino.

After entering Greece last month, Aircash is ready to offer Sportwetten a fast and convenient payment option that is also highly secure.

The partnership between Sportwetten and Aircash is expected to have a number of benefits for both companies. For the operator, the partnership will allow the company to expand its reach in the gaming market by offering a new payment option that is becoming increasingly popular among younger consumers.

Aircash, on the other hand, will benefit from the increased exposure and revenue that comes with partnering with a fast-growing gaming provider like Sportwetten.

One of the key advantages of mobile payments is that they are fast and convenient. This is particularly important in the gaming industry, where customers are often looking for a quick and easy way to make payments so that they can get back to playing their favorite games.

Exciting Development for German Players

Meanwhile, Aircash has also received important approval from GGL (Gemeinsame Glücksspielbehörde der Länder) to start operating in the gaming market of Germany. It is the new regulatory authority responsible for licensing and regulating since 2020.

The payment option is licensed in the EU as an e-money institution specializing in services like Instant cash deposits and withdrawals. However, the casino’s latest payment provider offers numerous other benefits to players, such as money transfers, transport services payments, and prepaid voucher purchases.

Among the company’s innovative payment options is also “Depositing cash in store to play online” a great way to help players experience a swift and secure transaction without any risk of fraud.

Aircash is also proud of its state-of-the-art KYC and AML procedures that include an in-house AI system. According to the provider, it uses a machine learning model and detection system to prevent any fraudulent transactions.

“Partnership with sportwetten.de and the subsequent approval of Aircash by GGL represents an important recognition for Aircash and validation of our work and expertise in providing superior service in the payment industry,” explained Hrvoje Ćosić, CEO of Aircash.

As a new and innovative payment product in Germany, Aircash will focus onattracting new players and retaining existing ones, but the company is primarily looking forward to providing a safe solution for deposits and withdrawals with multiple benefits.

Source: 

“Sportwetten.de and Aircash – Payment Solution for cash deposit first approved by GGL State-of-the-Art Cash Deposit Solution”, Miller, George. europeangaming.eu, April 4th, 2023.