Aircash – A new payment provider in Greece contributes to the Gaming market regulation

Three Practical Ways How a FinTech Company Can Contribute to a Safe and Well-Regulated Gaming Market

The 2nd Greek Online Gaming Day conference, which takes place in Athens, brings together the most important participants from the Gaming industry in Greece as well as renowned experts from all over Europe, and it is organized by the Hellenic Gaming Association independent administrative authority.

The conference itself is an excellent opportunity to establish communication lines between all industries in the business of providing Gaming services, with the aim of exchanging innovative ideas and achieving a better and safer regulatory framework for this type of activity. The issue is of utmost importance at a time when digital transformation is impacting every facet of our day-to-day lives. 

Aircash recognized the importance of this event, as well as the importance of being a part of it, in order to contribute to the joint efforts of all relevant participants to reach the common goal of promoting a safe and well-regulated market.

Contribution to quality in the regulation of the Gaming market

The main goal of the conference is to promote a safe and well-regulated gaming market, which should reduce the market share of the existing black market. It poses the greatest threat to all stakeholders, including state budgets, regulators, consumers, and licensed service providers that abide by the rules.

Aircash sees its role in the use of technology, or rather, in leveraging its position of a FinTech company that itself has access to and develops modern technologies to reduce the chances of fraudsters using payment and gaming accounts to commit illegal actions.

This means that FinTech represents an additional layer of protection that ensures that customers with legitimate interest and behaviour are making deposits or withdrawals towards gaming accounts.

In accordance with the above, Aircash representative Josip Tolić, Head of Regulatory and Government Affairs at Aircash, stressed that FinTech can contribute to positive change in three ways: by channeling customers towards licensed and regulated gaming providers, by ensuring that existing regulations are adequate, and by developing a wide range of services and products to keep existing customers, but also to onboard potential new customers.

“The Impact of Digital Transformation on Our Day-To-Day Lives”

Aircash is an electronic money institution and a licensed financial service provider in all EU/EEA member states. Aircash is growing at a rapid pace and developing a wide portfolio of products and services. The Aircash technology and payment solutions provide a fast, simple, and secure platform for users and businesses that want to make transactions anywhere in the world.

In addition to expanding its products in countries such as Germany, Austria, Slovenia, Romania, Bulgaria, Spain, the Czech Republic, and Switzerland, Aircash entered the markets of Greece and Cyprus. 

Our technology and payment solutions are ideal for online industries such as Gaming, and the company’s presence at the 2nd Greek Online Gaming Day conference in Athens is another step in its business expansion activities and establishing cooperation with other key players in the industry.

With a focus on innovation, security, and ease of use, Aircash is a leading European FinTech that provides a wide range of financial services and products to its customers across Europe.