Bitline introduces digital asset blockchain payment platform at G2E
The product permits patrons to purchase over $1m in casino chips in minutes.
Ibanera-owned payments platform, Bitline, has announced the arrival of its turnkey digital assets payments platform at Global Gaming Expedition 2023 (G2E).
Bitline is powered by an exclusive integration with Everi, using the company’s CashClub suite to provide its new payments product.
The company’s digital assets payments platform will, ‘provide unlimited real-time access to casino floor liquidity 24/7/365 via compliance and blockchain payment technologies.’
Bitline permits casino customers to use a variety of blockchain payment methods such as Bitcoin, Ethereum and the Stablecoins USDT and USDC to acquire up to $1m or more in casino chips.
However, this service is subject to operator and jurisdictional limits, with transactions being facilitated in under 15 minutes.
The company has revealed that its product will operate in compliance with regulatory standards and will be made available to participating casinos globally, providing a larger variety of payment options for its patrons.
Bitline’s product aims to enhance financial accessibility for customers by allowing them to use digital payments for casino chip transactions, as well as the product being designed to mitigate asset volatility risks.
Bitline Representative, Richard Jones said, “We are excited and honored to be integrated into such an amazing casino payment platform. We know that our product is adding the best in blockchain payments and compliance technologies to the casino payments space.”
Victor Newsom, SVP of Product Management & Payments Solutions, at Everi stated, “Bitline’s integration with the widely adopted Everi CashClub financial access services suite allows casino operators to offer additional payment accessibility globally to their patrons and represents our ongoing commitment to regulatory compliant innovation.”
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