Mobile Carrier Billing: Gambling operators could be losing up to 70% of revenues

first_imgShare Global Gaming strengthens senior team with new Head of Affiliates November 2, 2017 Share Registration opens for London Baby 2018 January 8, 2018 StumbleUpon Related Articles SBTech hires Jake Pollard as new Communications & Content lead September 27, 2017 Submit Most gambling operators have invested heavily in mobile platforms and now provide a range of excellent small screen (app & browser) experiences, but the industry is still not capitalising on the true potential of the mobile payment ecosystem.That was the conclusion of a white paper report from Dimoco, titled ‘Unravelling mobile carrier billing for igaming’, which found that industry operators could be losing up to 70% of revenues.Direct carrier billing [DCB], or carrier billing, is a mobile payment solution that enables customers to use their phone bill to pay and play. The billing tool is available worldwide for anyone with a mobile, smart or feature phone, a tablet or even a smart TV. Backed by the EU’s Payment Services Directive (PSD2), it comes with in-built protection for both industry operators and the players, who are allowed to spend around €50 per day with a monthly limit of €300. The white paper from Dimoco has now thrown up data showing why it needs to be on every operator’s agenda. The key findings were:70% of 1st time users convert with carrier billing compare to 12% with credit card70% of users under 40 would use mobile payment if available 45 % of all online gamblers use mobile generating €50bn in spending15% increase in revenue by offering mobile carrier billingThe report, said Dimoco, explodes some of the myths surrounding carrier billing and makes a clear case for fully integrating a mobile payment strategy into any online gambling proposition.It highlights key carrier billing benefits as increased engagement, improved conversion rates, instant customer acquisition, reduced basket abandonment, more first time users and billing for underbanked markets – all in a safe and secure manner. You can download it for free HERE, or contact [email protected] for more information.The white paper was a Telemedia Myth Buster [Telemedia Magazine] project in association with Dimoco, Melodi Global Mobile Solutions and with a supporting webinar in partnership with iGaming Business.last_img read more

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first_imgLATEST STORIES Don’t miss out on the latest news and information. What’s new in town: Eggplant parmigiana deep-dish pizza, tofu ‘kakigori,’ ‘kamias’-date sticky toffee pudding Carpio gets nominated as CJ for 4th time THE Cebu Chamber of Commerce and Industry (CCCI) signed a memorandum of cooperation with the Canadian Chamber of Commerce in the Philippines (CCCP) aiming to strengthen trade between Canada and the Philippines, particularly trade with Cebu.The partnership between the two chambers is an opportunity to support more business developments in both countries, said Lito Maderazo, CCCI president during last Tuesday’s signing of the agreement.ADVERTISEMENT “With at least 25,000 Filipinos going to Canada every year, the knowledge about the Philippines by the Canadians is already high, and the expanding number of Filipinos in Canada is also a good market for traders here to tap,” said Payne.MORE STORIESnewsinfo‘Aquaman’ Jason Momoa visits protesters blocking new Hawaii telescopenewsinfoCourt: Non-native Guam residents can vote on status with USnewsinfoAngkas says sorry for tweet likening service to sexMORE STORIESnewsinfo‘Aquaman’ Jason Momoa visits protesters blocking new Hawaii telescopenewsinfoCourt: Non-native Guam residents can vote on status with USnewsinfoAngkas says sorry for tweet likening service to sexFIRST PROJECTFor their first project, Payne said that they have already contributed at least P50,000 to CCCI for livelihood projects in areas hit by the calamities in Bohol, Cebu and Leyte.Maderazo said they have partnered with the Cebu provincial government for the livelihood projects.“The provincial government has set up different clusters, and we were tasked to head the livelihood and commerce cluster. We are now in the process of identifying specific projects for the cluster,” said Maderazo.ADVERTISEMENT PCSO to focus on improving transparency of gaming activities PLAY LIST 03:26PCSO to focus on improving transparency of gaming activities01:39Sotto open to discuss, listen to pros and cons of divorce bill06:02Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements01:50Palace open to make Dengvaxia usable again as dengue cases spike01:49House seeks probe on ‘massive corruption’ in PCSO01:37PCSO estimates P250M in Lotto revenue loss due to suspension Both chambers can help increase investments and trading relationships especially with the CCCP, Maderazo said.The Cebu Chapter was set up in 2010 after the CCCP leadership realized that they had been too focused in Manila.FEATURED STORIESNEWSINFOSenate to probe Tolentino’s ‘novel legal theories’ on oral agreementsNEWSINFOLocsin wants to drop ‘visas upon arrival’ privilegeNEWSINFOPalace open to make Dengvaxia usable again as dengue cases spike“Since then we have 15 members in the Cebu chapter. We have a total of about 250 members and about 50 are in Cebu,” said Julian Payne, CCCP president.With the partnership, Payne said they are hoping to do more trade promotion between the two countries. The CCCI has more than P1 million allocated for the livelihood project.“We can also do other projects like trade missions, contact building, and promoting people mobility that will help grow trading volumes between the two countries,” he said.People mobility means the movement of people between the two countries. It should be aided by direct flights to and from Canada not only in Manila but also in Cebu.Payne said that the direct flights can encourage investors from both countries to visit and check opportunities that they can tap.Areas of interestAmong the areas of interest for Canadian investors are mining, manufacturing, agribusiness and services.“Processed agricultural products like dried mangos can be marketed to Canada. You only need to develop the market for these products there. Agribusiness has huge potential in Canada,” Payne said.He also cited skilled manpower as an area that the Philippines can cater to in Canada especially caregivers and nurses who will tend to Canada’s aging population. An adobo upgrade: Add rosemarycenter_img Read Next MOST READ PM Boris Johnson visits Belfast as Brexit woes hurt UK economy Pagasa: Rain expected as LPA enters PAR Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements PBA: Rain or Shine overcomes San Miguel, McCullough’s 51 to avert sweep View comments SMC bags Bulacan airport projectlast_img read more

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