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It is a new innovation within the payment category of online casinos since most casinos accept a variety of payment methods which is another reason for its popularity. Namely, you can make payments with everything from your digital wallets like PayPal or Skrill to bank transfers or credit and debit cards. But, crypto payments are considered super to traditional payment methods due to their low transaction fees and short processing time.

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The first steps for a customer are registering and opening an account, which requires that person to provide an identity. From there, the process of player account management (PAM) begins. The goal of PAM is to make the process as frictionless as possible, from the deposit of funds to the placement of an online wager ¡ª but this is also a challenge.

As discussed earlier, some developers and online casinos may be trying to compensate for increasing regulatory costs.

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