iGNA 2015 Sees Resolutions to Payment Processing Problems
Key Takeaways
  • Organizers of the iGaming North America (iGNA) conference last week emphasized the importance of payment processing to online operators by holding two sessions devoted to the subject.
  • Last week also saw the introduction of new Merchant Category Codes (MCC) for regulated online gaming transactions.
  • Overall, the mood of the panelists was that online transaction processing was a much smaller problem than when online poker first started in Nevada, but that it was not yet completely resolved.
  • The panelists did agree that the new MCCs would have a positive impact, and that any increased liquidity which did result would have a knock on effect on their own businesses.

Organizers of the iGaming North America (iGNA) conference last week emphasized the importance of payment processing to online operators by holding two sessions devoted to the subject.