Exclusive: PXP Financial CEO and Co-Founder Kamran Hedjri on payment in gaming

PXP Financial, a major payment processor, is proud to have a long history that has improved the profits of the game industry and the satisfaction of players, and is partnering with the industry's largest, including BETMGM and Tipico.

Here, Kamran Hejri, a CEO and c o-founder of PXP Financial, talks about the settlement strategies and trends that form a player experience.

Please introduce yourself and the services provided by PXP Financial to the game industry.

My passion for the pay began in 1995 in Europe and joined BWIN and further developed. We have formulated BWIN's payment strategy and proud that we have gained and grown more than 20 million customers in 27 countries in Europe, North America and South America.

Later, I founded three companies: CQR Payment Solutions (Gateway), CQR UK (Acwiring), Vincent (Ishuran). Currently, as a CEO of the PXP Financial Group, we have oversee the strategic direction of the entire company.

PXP Financial is an en d-t o-end omnichannel pay provider and supports online and o n-site payments. PXP's Igaming Client Portfolio has been attracted to the lon g-standing experience in the gaming industry for the gaming industry because PXP is from a gaming operator.

PXP offers a variety of valu e-added services such as online and POS solutions, alternative payments, collection services, card procurement, risk management, checkout pages, reports, profi t-optimization, tokenization, and dynamic currency conversion.

How does payment technology change the player's experience? Also, what payment trends and innovation should the gaming operator incorporate?

The payment process must be smooth and tedious, as no one wants game play interrupted. To achieve this, the game industry should continue to add alternative payments (APM) to the platform used by players.

In addition, I would like to find the developers to find the possibility of GAMEFI and Socialfi.

GAMEFI combines online games and distributed finance to achieve a convenient i n-game economy. Introducing the concept of P2E (Play-to-Earn), you can acquire digital assets and rare items through game activities.

SocialFi is the web3 answer to the problem of web2 social networking, enabling users to control their content and make direct revenue from it.

If Defi, Gamefi, and SocialFi can link games and money to reconstruct the games and money, the games are not just play, but a meta spring to create a connection.

What impact does no n-centralized settlement like cryptocurrencies affect Europe and world markets?

Although the use of cryptocurrencies in Igaming is steadily increasing, it is not yet comprehensive and remains illegal in some areas. In countries such as Japan and the UK, there is a good chance that regulations are favorably changed and if there are adequate standards that are widely accepted, permanent coins will be required for the nex t-generation payment system.

The release of PayPa l-paying coins means that the trend of the settlement industry has shifted to digital assets such as constant coins and CBDCs as a highly reliable payment method without volatility, enabling quick and inexpensive payments. Suggests. This will open the path to stabilizing the cryptocurrency market, and at the same time, gives the banks necessary for banks to respond to the rise of digital currency for individuals. Lo w-priced and rea l-time payments by introducing cryptocurrencies and stable coins have forced major companies, including PayPal and VISA, to invest in that important way and to conclude personal programs and conclusions.

Definitely, the safety of digital currency is preparing a perfect way to exchange products and offer, and the final result is without worrying about the foreign currency exchange rate, and products from all over the world. Will give customers the freedom to buy.

How do you think about the rise and development of the cryptocasino?

As the technology is mature and the regulation framework is configured, the crypto gambling industry will experience great excitement and change in 2024. However, the rise of the crypto casino may be hindered by the precedent of being operated in the framework of the distributed network of cryptocurrency and infrastructure.

However, the Defi protocol is being revolutionized in almost all industries in terms of money and gambling. By 2024, the integration of Defi into the gambling of cryptocurrency will enable reliable betting with highly transparent odds and automatic payouts through smart contracts. This integration eliminates the need for an intermediate company, and the players can control their methods more.

As the cryptographic Gambank industry becomes the industry, these luggage, such as comparison of cros s-chains based on artificial origin of the mind, and personalization, improves the artistic skills of players and become more vibrant and desired environments. Masu.

What role does the subscription play in the emergence of a big game market?

Subscription models were in demand every time, but money used to come from player's bank account, but now they can be linked to electric wallets that have selected subscriptions. This comfort has led to a rapid increase in the mass market for subscription games, and according to monitoring, it will reach $ 55. 94 billion by 2031.

The subscription model means that the player does not need to observe the timing of the payment.

How is the role of digital wallet evolving?

Digital wallets need to be aware of the risks that can occur, despite the outstanding advantage of operators, such as players. For example, other strict test processes used to reduce the dangers of tw o-factor authentication and cyber security may require a lot of time and have auxiliary issues in the payment process.

In addition, operators need to remember the legal status of online gambling and digital wallet in their own jurisdiction.

At least, the number of digital wallets is increasing. By 2026, the number of digital wallets around the world is expected to exceed 5. 2 billion, exceeding 3. 4 billion in 2022.

Digital wallets have a great advantage for users participating in online casinos. Digital wallets play a security auxiliary role to protect money data using advanced encryption technology, but monetary data is not transmitted to casinos, so it plays a support for confidentiality. 。 Payments through digital wallets are often made instead of traditional banking methods, and fund deposits and drawers are literally processed quickly.

How does PXP support your own buyers so that you can enjoy the advantage of the rise of mobile games and the changing trends of your preference?

According to estimates, this year's mobile game market has reached $ 3159 billion, and the number of players reaches 232 billion by 2027.

Modern trends emphasize the importance of optimizing platforms for seamless mobile proficiency, especially for "invisible" payments. This is all the more pertinent for the gaming industry, where players do not want to interrupt gameplay for payments.

Our proposals for the gaming industry are based on our experiments and extensive experience in this field, and our team has many members who are considered leading figures in the field of gaming payments. The comfortable and simple conclusion transmission of mobile payments is crucial for the changing needs of advanced players for computer games, and we recognize that this collaboration targeting mobile devices is perfectly aligned with our mission of exclusive payment skills for our respected merchants and their buyers.

As user confidentiality and data protection continue to dispel customers' familiar concerns, do payment strategies have the power to increase player trust?

For gaming platforms to function well, payments and customer trust need to approach hand in hand. We strongly recommend operators to identify the excellent qualities of open banking services when considering a payment strategy that will increase trust as much as possible.

Open banking is often accompanied by reliable security measures. Buyers may be there, have no doubt that their data is protected, and are likely to be under control of who has access to their economic information.

Standards like these and universally recognized measures like the GDPR have a diminishing role in ensuring buyer defense in the open banking ecosystem, designed to ensure a balance between innovation adoption, competition, and customer choice while maintaining security and data verticality.

Which gambling markets are evolving in real time and where operators want to rise, it goes in their footsteps to settle bets?

Several states in Latin America have already introduced or are set to settle in 2024 with the impact of gambling online gaming licenses, and in Europe Montenegro is well thought to be creating a regulatory bloc.

Similarly, the UAE, North Africa, and Southeast Asia are working to create a more regulated and approved environment for iGaming operators, and I think that will attract a certain amount of attention, especially as Nigeria and Kenya are set to introduce gaming.

What customizations will be required to outperform European and global operators by 2024?

The government and regulatory authorities are increasingly interested in preventing money laundering and monitoring players' personal information. Online casinos must introduce highly reliable AML and KYC procedures applied to payment processing.

In addition, in order to approve a serious cooperation in gambling, regulatory authorities may require online casinos to introduce a payment limit, sel f-exclusion odds, and other players to control gambling.

The regulations will continue to be strengthened, and the appearance of a fresh regulatory market will lead to the publication of new local players.

And ultimately, what kind of needs, changes in adaptation, and settlement innovation may be the possibility that gambling exposure to bazaar may increase this year?

It's not easy to talk about technical trends without fake spirit.

Fake-ghosts have many skills to make gambling companies better. It has the ability to disassemble data and transplant the type of new game that players want to see and their actions, but also to detect security dangers.

Furthermore, the Fake Mind has the ability to give personal advice, revenue and prizes in this IRGE, so we will make use of the advantages of player online casinos to make artistic play and user skills better. 。 Game play was not this exciting, combined with this personalized, virtual reality technology.

Operators still apply AI to more serious problems, determine the behavior of players, emphasize the laws that provide the players need help, and encourage the operator to be involved. There is an opportunity.

The development of blockchain guarantees the safety and permeability of cash trading on the Igaming platform, and players can autonomously examine the game results and not conclude. Apart from this, the blockchain records all game transactions in a form that has not been changed and is resistant to hacking.

The combination of AI and blockchain technology will reach the turning point in 2024.

By integrating AI and blockchain technology, operators provide personalized services, improve customer support, enhance player's engagement and conversion, and provide the permeability, security, and diversification of the necessary branches. You will be able to do it.

Related

Apparat Gaming is a sensational connector 1-2-3 fire the wilderness

1x2 Network Partnerships announces the acquisition of Ela Games

Read more advertisement

You may like

Everymatrix reduces PXP Financial as it works in the United States. Online Casino & Sports Book Betzest ™ partners with Internet payment provider Neosurf Online casino BETZEST ™ partners with Pay4fun payment system Online Casino & Sports Book Betzest ™ partner with the Internet payment provider Ecopayz Click the comment

Interviews

Exclusive Interview with Newly Launched CatoriTech’s CEO & Co-Founder, Domenico Mazzola

Reading time: 5 minutes

Today, CATORITECH, a fresh and exciting player in the technology industry, has been officially launched. This important company is the veteran businessman and the popular industry, Domenico Mazzola, who is the CEO and c o-founder. In this unique interview, Domenico talks about CATORITECH's vision, issues associated with the launch of a new company, and innovative solutions that they aim to bring to the market. By focusing on cuttin g-edge technologies and making it an extraordinary thing, CATORITECH will begin to gain support from the first day. Domenico talked about his thoughts on the future of this promising startup and the future of technological innovation.

Please tell us how the company was found to be attracting attention.

The reason for the establishment of CATORITECH was that I noticed a big gap in the Igaming industry. The c o-founder Antonio and I have been working in the technology and the game industry for many years, but the need for a more innovative, expandable, and no n-threat developed for this industry. I felt clear. So I thought about creating a company that not only provides stat e-o f-th e-art technology but also to understand the issues and opportunities peculiar to the Igaming Division. CATORITECH was born from the desire to move the industry by adopting the latest technology and developing innovation culture.

Please tell me the purpose and vision of CATORITECH guidelines.

CATORITECH's mission is to provide innovative, reliable and expandable technical insights in the Igaming industry. We want to introduce new stereotypes about how technology can improve gaming skills, improve operations, and start recovery. Our mission is to be a leading technology partner for gaming companies around the world, with our passion, innovative, and customer success in the success of customers.

How is CATORITECH different from other companies in the Igaming industry?

CATORITECH stands out by several important differences in the Igaming industry. First, our technical stack is developed and introduced without worrying about the limitations of technology, as it is developed in consideration of scalability, security, and user convenience. Second, with our full external work model, you can use the global staff reserve forces and make our solutions the best brain. Finally, a custome r-centered approach means to collaborate with customers, understand custome r-specific needs and problems, and customize solutions accordingly.

Technology and Innovation

What kind of philosophy is CATORITECH technology stack?

The philosophy of our technology stack is to build in the future. We choose flexible technology that can adapt not only to reliability and safety, but also to the state of the rapidly changing Igaming industry. We pay the greatest precautions to paraTrooper and guarantee that as customers grow up, they will grow together without being biased in performance and security. In addition, we are striving to keep the era of new technologies that provide competitive advantage, so that we will not be delayed by the times.

How does CATORITECH provide scalability and security of technology solutions?

Scalability and security support all CATORITECH. By adopting a cloud architecture, scalability can be achieved, and the system can be expanded and reduced according to the needs. This allows customers to withstand peak load without reducing performance. Regarding security, we use the highest security protocols in the class, including encryption, regular security audits, and compliance with industry standards such as GDPR. Our goal is to build a reliable technical infrastructure for customers who know that the data is safe and the system can run all tasks.

Company Culture and Remote Work

CATORITECH is a completely remote company. How do you maintain a strong corporate culture in a remote environment?

Cathoritech is very serious about maintaining a strong corporate culture in an external environment. We have created a culture that pays special attention to communication, cooperation, and respect. Regular virtual meetings, regardless of official or unofficial, are helpful to maintain everyone's connection. We also encourage transparency and open communication at every level in the company. In addition, we have introduced tools and methods that can be done without interruption, and even if the distance is far, the productivity and the spirit of the commanding system will not hinder.

What are the benefits of your own remote work model, and what are the benefits of both employees and customers?

Remote work models have many benefits for both employees and customers. Employees are flexible where they can work anywhere, which leads to improvement of wor k-life balance and improving their satisfaction with work. Such flexibility also means that you can adopt excellent specialists not only from a specific region but also from all over the world. For customers, a team of heterogeneous mixe d-species can work on problem solving from various angles, so the delivery date of ordering is faster, and the range of prospects and experience is expanded.

iGaming Industry Impact

What do you think is the trend that defines the future of the Igaming industry? And how is CATORITECH positioned as a leader in this field?

The Igaming industry is evolving rapidly, and its future is formed by trends such as strengthening regulations, growth of mobile games, and integrating artificial intelligence and machine learning. CATORITECH has been ahead of these trends, establishing a position as a leader in this field, and continuously introducing innovative technology solutions. We also aim to provide a solution that is compatible with expandability that can adapt to the changing regulatory environment. We are striving not only to keep the industry behind the industry, but also to lead the industry without being flexible and vulnerable.

How does CATORITECH contribute to the success of customers in the Igaming industry?

CATORITECH promotes the success of customers, not only reliable and powerful, but also provide technologies that adapt to specific needs. We work closely with customers to understand the business center and tasks of our customers, and develop solutions that support the achievement of our goals. Our technology has been designed to achieve customers, such as improving user quality, ensuring regulation compliance, and smooth business expansion.

What are the issues in the Igaming industry, and what kind of preparations are CATORITECH overcoming them?

One of the most predicted issues in the Igaming industry is complicated regulatory measures in different markets. To solve this problem, CATORITECH invests in a technology that provides evidence that customers can navigate these standards more easily. Another inconsistency is that the pace of technological innovation is crossed, making it difficult for companies to be modern. We solve this case, introduce innovative technology every day, and update the technical stack so that customers can always be ahead.

Future and Vision

Please tell us your CATORITECH goals for the next five years and your plan to achieve it.

In the worst five years, we hope to expand their presence in large markets, improve their products, and freeze their leading technical partners. In order to achieve this, we hope that we will continue to invest in technological innovation, establish a strategic partnership, and focus on the special importance for customers. We still want to collect the best human resources from all over the world, supplement the team, and actually secure the skills and knowledge necessary to realize our fine goals.

How do you personally evaluate the formation of CATORITECH's role, typing and configuration?

As the Igaming-industry grows and changes, I see CATORITECH turned into a larger technical partner for our customers. We hope that we will expand the provision of groceries in order to respond to more quality of the game and ecosystem, from player management to data analysis. Apart from this, we would like to provide information and advice on the direction and advanced experience and freeze it at the branch. Ultimately, our job is to help the innovation at the forefront and create the future of Igaming.

Related

Interviews

Startup Contest Q&A w/ Vladimir Malakchi, CEO & Managing Partner of Xanada Investments

Reading time: 4 minutes

What made Xanada Investments holding the game industry startup competition?

The need for this initiative appeared in connection with the advanced market standards and issues faced by emerging companies. We have witnessed most of the emerging companies that have unimaginable possibilities facing problems due to lack of resources and management. This competition has removed this gap and needed to provide a conclusion that exceeds unpretentious money.

By forming personal investment initiative, we can meet the conditions and give a prize that invites more than just providing funds. Almost all competitions provide economic support, but emerging companies often lack guidance on how to use these funds effectively. Our competitions are unique not only to provide economic support, but also provide platforms for continuous learning and development. This allows the awar d-winning emerging companies to gain tools and knowledge to maximize their possibilities.

In addition, there are many excellent startups that often lack the ability to appeal to their abilities without seeing them. This competition is an opportunity for startups to become popular, interact with popular people in the industry, get strategic advice, and is important for sensation.

Q: What specific goals do Zanada Invest Mens set this competition?

Our main task is to be interested in promising startup companies in the game industry and provide the support necessary for our founding. We search for excellent ideas, provide resources, and support effective scale up. This includes funds, specialized advice, and network functions to turn innovative concepts into marke t-friendly solutions.

We are ready to show that alliance with investment funds is not just a capital. This is a team of experts who can lead you, spread valuable knowledge, and help your business growth. This competition is an opportunity to emphasize the excellent qualities of structure investment and the true value of them. "

The main purpose of Zanada Investment in this competition is to support professional managers, small teams, and salesperson with great thoughts and skills. I want to tell you that there are ways to proceed, both those who have not worked or want to expand their business. By sharing such sensational situations, we want to inspire others and show the power of strategic investment and mentorships. Last week, I have already received 20 orders, and I have more attention and possibilities.

How do you plan to support the competition winners besides financial compensation?

At Xanada Investments, our promise to winners goes beyond just financial support. What Xanada Investment offers is powerful resources and skills for lasting wins. For operators, our valuable team of advertisers, who know how to manage budgets of thousands of dollars, will develop effective campaigns that ensure user engagement and maximum return on investment. For providers, we open our doors to hundreds of casinos ready to integrate our innovative solutions, streamlining processes and using our deepest industry knowledge to optimize game design and user engagement.

For B2B startups, we are experts in building reliable sales teams from the ground up, leveraging our extensive skills to drive revenue growth and build sustainable business models. Strategic advice from industry leaders who have been involved in scaling up more than 20 gaming companies promises practical guidance for business improvement.

Of course, extensive media coverage will increase the visibility of your favorites in the B2B and B2C markets, making the recovery process interesting as the industry and the general public follow the progress of your plans in real time. This group support system ensures that the darlings will not only endure all hardships, but also set new standards and thrive in the competitive iGaming environment.

What is the role at the Xanada Startup Challenge?

We are looking for enthusiasts who can work in the industry, deliver results and handle money effectively. We invite people who have a clear understanding of their own strengths and potential. First of all, we look at the team you will be working with. We want to work with people who have strong leadership and the ability to navigate a complex industry.

If you have a dynamic team and a well-thought-out plan for your business, we want you to apply. We are interested in startups that have potential and a precise vision for their future.

The Xanada Startup Competition is open to companies at different stages of development: pre-seed, seed and series A. We welcome startups from different fields and sectors, focusing on the quality of their team, their skills and their willingness to take their original ideas off the market. Our job is to support companies that are already quite advanced and allow them to achieve significant growth by taking advantage of the resources and advice provided.

At present, there are 80 applications for this fund, and it is expected that the number of applications will increase as the competition starts. Such an increase in interest will stimulate the willingness of emerging companies and prepare the well thoroughly.

What do you advise you to go to the next round?

An important point for startups to go to the next round is the appropriate preparation and strategic presentation. Let's start by thoroughly preparing the necessary documents. Investors are expecting a solid business plan and a detailed financial forecast that shows a clear path to profitability. Understanding market, competitors, and business models is extremely important. When you are on a pitch meeting, you need to be prepared to be confident in all questions and understand that you and your company and its possibilities are deeply understood.

It is also important to understand the whole image of the investment process. It is necessary to prove that receiving an investment does not simply have a good idea, but that it can be changed into a profitable business. Investors are looking for an emerging company with a realistic approach that can implement the plan effectively, so to emphasize the realistic and achievable stage. Investors need to make sure that you have an executable strategy to achieve this goal.

And the most important advice is to manage the expected value and maintain professionalism. To evaluate your abilities realistically and do not make a hig h-handed promise. Make the pitch materials sophisticated and convey your vision effectively. By showing a clear strategic plan and the ability of the team to execute it, you will be able to pass through the next round and increase the possibility of receiving the investment necessary for startup development.

If you would like to participate in the Zanada Startup Competition, please fill in the form below.

Related

Interviews

Tackling data sovereignty

Browsing time: 3 minutes

Nick McDonald's, the director in charge of Fujitsu Global Customer, says that data requirements for soblin and toughness can be a headache for companies involved in online gambling. < SPAN> Currently, this fund has 80 applications, and it is expected that the number of applications will increase further with the start of the competition. Such an increase in interest will stimulate the willingness of emerging companies and prepare the well thoroughly.

What do you advise you to go to the next round?

An important point for startups to go to the next round is the appropriate preparation and strategic presentation. Let's start by thoroughly preparing the necessary documents. Investors are expecting a solid business plan and a detailed financial forecast that shows a clear path to profitability. Understanding market, competitors, and business models is extremely important. When you are on a pitch meeting, you need to be prepared to be confident in all questions and understand that you and your company and its possibilities are deeply understood.

It is also important to understand the whole image of the investment process. It is necessary to prove that receiving an investment does not simply have a good idea, but that it can be changed into a profitable business. Investors are looking for an emerging company with a realistic approach that can implement the plan effectively, so to emphasize the realistic and achievable stage. Investors need to make sure that you have an executable strategy to achieve this goal.

And the most important advice is to manage the expected value and maintain professionalism. To evaluate your abilities realistically and do not make a hig h-handed promise. Make the pitch materials sophisticated and convey your vision effectively. By showing a clear strategic plan and the ability of the team to execute it, you will be able to pass through the next round and increase the possibility of receiving the investment necessary for startup development.

If you would like to participate in the Zanada Startup Competition, please fill in the form below.

Browsing time: 3 minutes

Nick McDonald's, the director in charge of Fujitsu Global Customer, says that data requirements for soblin and toughness can be a headache for companies involved in online gambling. At present, there are 80 applications for this fund, and it is expected that the number of applications will increase as the competition starts. Such an increase in interest will stimulate the willingness of emerging companies and prepare the well thoroughly.

What do you advise you to go to the next round?

An important point for startups to go to the next round is the appropriate preparation and strategic presentation. Let's start by thoroughly preparing the necessary documents. Investors are expecting a solid business plan and a detailed financial forecast that shows a clear path to profitability. Understanding market, competitors, and business models is extremely important. When you are on a pitch meeting, you need to be prepared to be confident in all questions and understand that you and your company and its possibilities are deeply understood.

It is also important to understand the whole image of the investment process. It is necessary to prove that receiving an investment does not simply have a good idea, but that it can be changed into a profitable business. Investors are looking for an emerging company with a realistic approach that can implement the plan effectively, so to emphasize the realistic and achievable stage. Investors need to make sure that you have an executable strategy to achieve this goal.

And the most important advice is to manage the expected value and maintain professionalism. To evaluate your abilities realistically and do not make a hig h-handed promise. Make the pitch materials sophisticated and convey your vision effectively. By showing a clear strategic plan and the ability of the team to execute it, you will be able to pass through the next round and increase the possibility of receiving the investment necessary for startup development.