Prospects for payment systems in online gambling

Impact of digitalization

The development of online gambling directly depends on the payment infrastructure. Players expect quick, safe and convenient ways to deposit and withdraw. A trend is already noticeable: from traditional bank cards, the market is striving for cryptocurrencies, instant transfers and mobile methods.

Cryptocurrencies and blockchain

Expanding the range of assets: in addition to BTC and ETH, casinos are beginning to support USDT, LTC, DOGE.
Smart contracts: Automating bonuses and returns through smart contracts.
Transparency: Blockchain reduces the risk of fraud and simplifies auditing.

Central bank digital currencies (CBDCs)

Digital AUD is being considered in Australia.
Using CBDC will provide:

• Minimum transaction fees
• direct integration with banks without intermediaries;
• strict AML/KYC control.
• For casinos, this will create a fully legalized and transparent way to work with local players.

Open Banking and integration with banks

Open Banking provides casino access directly to banking APIs.
Prospects:

• instant transfers to AUD without conversion;
• personalized financial solutions;
• high data protection through tokenisation.

Artificial intelligence and machine learning

Anti-fraud: AI analyzes transactions and identifies suspicious transactions.
Personalization: adjusting limits and payment methods for the player.
Predictive analysis: preventing problem spending and helping to play responsibly.

Biometrics and new forms of authorization

Already today, players can confirm transactions via Face ID, fingerprint or voice identification.
In the future, these methods will replace standard passwords and SMS codes, which will speed up and simplify account replenishment.

Prospects for Australian players

1. Expansion of local methods - PayID, Osko and their upgraded versions.
2. Simplifies output to AUD without conversion.
3. Stricter verification standards to combat illegal transactions.
4. Growing role of cryptocurrencies and possible integration of digital AUD.

Conclusion

The prospects for payment systems in online gambling are associated with increased speed, security and transparency of transactions. The future lies with cryptocurrencies, digital currencies of central banks, Open Banking and biometrics. For Australian players, this means more convenience, less fees and reliable protection of funds.