BOKU in the Gambling Industry
Technology is moving extremely fast and it’s very easy to get left behind these days! BOKU is a term you’ve probably heard used a fair bit over the last 12 months but what exactly is it? And how can it be used for gambling online?
For more info on BOKU gambling sites please visit www.bokubettingsites.uk
What is BOKU?
These days it is so easy to pay for good or services than ever before and BOKU has recently added to that ease and efficiency. Contactless is a popular way of purchasing but does has its limitations and can be exploited. BOKU allows users on a number of Europe’s prominent mobile providers to pay for the product with the touch of a button and it’s charged straight to your mobile. Simple as that.
It isn’t exclusively used in shops and in the physical form, online goods can also be paid for including the funding of gambling accounts and online casino wallets.
The charge will be applied to the users phone account and added to the monthly bill. For pre-paid phones, it will be taken from the remaining balance.
Most mobile providers are jumping on the BOKU bandwagon and it’s available in nearly all browsers. It is certain to expand its range in the future.
A number of major merchants are also throwing their weight behind BOKU which is believed to create increased sales due to the nature and ease of the transactional process. BOKU has also recently expanded into Germany and Italy and has a number of offices around the world.
Which companies are using BOKU?
At the time of writing, Spotify, Google Play, Windows Store, Facebook and Windows Store are all early adopters of the technology but a number of online gambling companies have also recently signed up. BetStars are one of the first online bookmakers to climb aboard whilst many online casinos have already integrated the service and are heavily promoting this method of payment.
Sun Bingo is also a recent adopter of this payment system.
What are the benefits of using BOKU?
BOKU aim to make mobile payments the most common form of transaction. Nearly every person in Europe will carry a mobile device with them which makes it simpler to pay for goods and services on the move. It prevents the need for extra cards, change or notes to be carried.
Many users feel it is a safer way of paying thus preventing companies from obtaining any card details or cash machines swallowing them. It is quick and easy and only takes a second to authorise and process.
There is no sign up process. A mobile number of all that is required to start making transactions.
How is it being used in the betting industry?
When logging onto a casino or online bookmaker look out for the BOKU symbol. This signifies they accept payments via this method. A number of casino sites such as www.casinolegend.co.uk have started to implement this service making it easier than ever before to make a deposit and begin playing.
Although online casinos and bookmakers must split the deposit between themselves and BOKU they believe the added convenience will encourage regular deposits from their users.
It is similar to paying via e-wallet or Paypal but there is no need to ensure sufficient funds are in place.
Once BOKU is set up and established, it will remain logged in on your phone so placing a wager or funding an evening of blackjack is easier than ever before!
You’ll receive a receipt (in the form of a text) from BOKU to confirm the casino or online bookmaker deposit.
Some customers do not like giving their banking details to online gambling sites and there are many others who do not wish for gambling transactions to display on their bank statements. BOKU bypasses both of these issues. It is extremely handy.
Most of the major online bookmakers are set to add BOKU to their already-extensive list of payments in the near future. Funding an account and placing a bet on a major sporting competition often requires urgency and it will be quicker than ever before via this method. So you won’t miss out!
At this moment in time, most online casinos allow just £10 deposits at a time, but it is set to rise in the near future.
BOKU is becoming increasingly popular and is by far and away the quickest way of funding a gambling account.