There are many different benefits that a good Price per Head sportsbook can provide you with, like the sharpest possible lines, new markets, different products like casino or horse racing, some of the best reporting tools in the bookmaker world, etc. However, one of the benefits, that sometimes gets overlooked is the wide variety of payment solutions that we can offer, and it’s time to get a little bit into that, because for you, as an owner or agent, is payment solutions are just as important as for your players, so that everyone can learn to use the ones that work for them, hence being able to enhance the overall experience, making it easier and more fun for everyone.
Payment methods have always been a serious topic for sportsbooks, and it hasn’t been easy to expand horizons and to look for new, different things. However, right now we’re at a point where we can finally say that things are safe and easy because many different options have come up, reliable ones, that are backed up by serious companies.
This has opened up many different doors, like e-wallets or cryptocurrency options. One of the payment methods that have been growing recently is Venmo, maybe you have heard about it already, but don’t exactly know how it works, or maybe someone already told you about it, but you just haven’t tried it.
Well, Venmo, to sum it up, is a mobile payment service, or app, that is owned by PayPal, and has been rapidly growing in popularity inside the United States, with hundreds of billions of dollars on transactions since quite a few years ago. In fact, Venmo was originally released since 2009, so it has been around for quite some time, which is also a positive sign to use this method.
How to use Venmo in my sportsbook?
Many millions of people use Venmo already, because it’s quick, it’s safe, and accessible. What you do is that you basically install the app on your phone, and you link your bank account to it, or your debit or credit card, and with it, by adding other accounts, you just easily transfer to other accounts.
Even though Venmo is owned by PayPal, it is now preferred by many over PayPal itself, because it’s a more robust service, it’s secure, it’s quick.
Why is it important for my sportsbook to offer different payment methods?
With a good Price per Head service like www.payperhead247.com all you need to pay for your entire operational cost is a small weekly fee per active customer. Other than that, you just deal with your players yourself, you pay and collect directly, we don’t get in the way. The more safe and secure options you can offer your players so that they can make and receive their payments, the more comfortable they are going to feel about playing and staying with you in the long run, and you will end up having them active all year long.
Do you have any questions about this? Give us a call right now, or just go to our website, www.payperhead247.com and we’ll be more than happy to talk to you and guide you straight to success!