Online payments company Ukash claims that its new product Ukash PayOut will mark the end of traditional payment methods for the gaming industry.
Live on websites such as Absolute Poker and UB.com, Ukash PayOut offers instant payouts to all players with 0% processing costs to operators or customers.
Ukash has said its results show players have enjoyed the convenience of withdrawing funds instantly, while operators benefit from reduced overheads and the enhanced reputation that comes from making withdrawing funds easy.
“The international gaming market is an important part of our business and we believe that in Ukash PayOut we have a product that can truly revolutionise the way payments are made to players,” said Tyrone Perry, head of betting and gaming, Ukash.
“Offering an instant, convenient and easy to use product at a lower price than competitors is a magic combination. It will also help to increase player conversion, loyalty and retention, so we are expecting Ukash PayOut to be in high demand.”