There can be no denying that the online gaming industry has experienced massive growth in the past few years – and for many, it’s even now considered a mainstream form of entertainment. And this is for all sorts of reasons – better technology, higher-speed internet, and the fact that there are now more convenient payment methods than ever before.
One of these payment innovations, in particular, pay-by-phone options, has had a huge impact on the overall online gaming experience. So, with that being said, here’s a quick look at some of the many ways in which pay-by-phone options have improved the world of online gaming.
The Rise of Pay-by-Phone Payment Methods
A pay-by-phone payment method, as the name suggests, is a way for you to make an online transaction using your mobile phone number. Instead of entering your bank card details or logging into your online wallet, you can simply charge the payment to your phone bill – or take it out of your prepaid balance. This method is popular in all sorts of different sectors – but none more so than the online gaming industry – which is why there are now so many pay-by-phone casinos in the UK.
Convenient and Easy
One of the biggest advantages of pay by phone is the fact that it’s so convenient. You can make your gaming transactions quickly and easily without having to worry about inputting long card numbers or remembering a password. This is particularly helpful in the world of online gaming, where you might need to make a quick purchase – or simply get playing as quickly as possible.
To pay by phone, you just need to pick the pay by phone option in the banking section, enter your mobile phone number, and confirm the transaction via text. The amount will then be added to your phone bill or, if you have a prepaid phone, taken out of your credit. Because it’s so quick and easy, you can focus more on playing and less on paying.
Super Secure
Security is always hugely important for players when it comes to spending money online. The good news is that pay-by-phone payments tend to offer a level of security that lots of other payment methods simply can’t match. Because you won’t need to enter your personal and financial information, such as your bank details, paying by phone is simply a lot safer.
As well as this, pay by phone transactions are protected by the security measures that are already in place for mobile networks – like high-end encryption and fraud detection. Mobile providers spend a lot of time and money securing their networks, which means that extra level of protection when paying through your phone. What’s more, because you have to verify your transaction via SMS, only you can authorise the transaction.
Widely Accessible
Another huge benefit of pay by phone is that it’s accessible to anyone who has a mobile. Not everyone has a debit card – and pay-by-phone means that more people can enjoy the fun of online gaming whether or not they have a bank account.
This is also true of players who might not want to enter their bank or card details online because they are worried about fraud or overspending. Pay by phone is a better way to manage your spending, as you can only spend up to a certain limit (usually around £30). So, it’s great for staying in control.
A Great User Experience
Pay by phone can also really add to the overall gaming experience – because it’s easy to use, fast and secure. So, whether you are depositing money into your account or making an in-game purchase, you can get on with it with very little hassle.
Great For Responsible Gaming
Pay-by-phone payment options are also great for promoting responsible gaming. Because there are usually pretty low spending limits that are imposed by mobile providers, it can help prevent you from overspending – as you can only spend what is either available in your prepaid balance or capped by your mobile plan – which can be as low as £30 per day. This can help you to avoid the potential of impulse spending which can be a problem in online gaming.
The Challenges and Future of Pay-by-Phone Payments
Clearly, there are all sorts of benefits to using pay-by-phone payments, but that’s not to say it’s perfect. For example, if you do consider yourself a big spender, then the rather low transaction limits might be a little off putting. What’s more, although it is definitely getting more popular, not everyone accepts pay-by-phone yet.
Still, as the popularity of mobile gaming keeps on growing, paying by mobile is going to become even more widespread. With mobile payment technology getting better all the time – and with more and more players looking for the convenience and security that pay-by-phone offers, it looks like the only way is up!
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