Survey says! Nearly half of Brazilian players want easy winning payout methods
Others said they have switched sites because of inconvenient payment options.
European payments supplier Zimpler has released the results of a recent survey that has studied the payment preferences of Brazilian players.
The study revealed that 48% of Brazilians select betting platforms that feature easy ways to withdraw their winnings.
Another 37% of players surveyed said that they have switched sites “because of the lengthy payment stages when placing a bet or during a payout.”
Zimpler CEO Johan Strand further explained the trends in the Brazilian market by saying, “Speed, simplicity and safety are paramount to success in a market as hard and competitive as Brazilian online betting.
“Companies should not overlook these points to grow in the country.”
According to recent research conducted by Datahub, the online gambling sector in Brazil has more quadrupled in growth during the past two years.
A recent survey conducted by the International Betting Integrity Association (IBIA) and the Instituto Brasileiro de Jogo Responsável (IBJR) revealed that Brazil’s market is currently the fourth largest in the world.
Strand noted that the iGaming market in Brazil still has room to grow.
He said in closing, “The online gambling market faces a key moment of expansion in Brazil, and offering maximum guarantees of secure and instant transactions becomes a key element for companies that want to succeed in the country.
“The user must feel the best user experience and the website must adapt to the preferences of local bettors, all with top guarantees and the easiest processes when making deposits and instant payouts of the winnings.”
More than 100 applications have been filed for iGaming licenses in Brazil following the establishment of ordinance 1,207, a document that lays out the rules and regulations for fixed-odds betting operators.
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