pay by phone casinoAs the end of the year draws closer, we’re sure you’re getting pretty tired of reading lists about 2017. The best movies to watch, albums you must listen to, I’ve even recently read an article about the best memes of the year. That being said, today we are, in fact, going to hit you with a list – so apologies in advance – but if you’re a phone billing depositor, we promise it’s worth your time.

Pay by phone depositing methods, such as Boku, are some of the easiest ways to fund your casino accounts. They offer security, speed and most of all, convenience. In fact, here at Fortune Frenzy we think they’re the best way to bank at any online casino. However, we do understand that the method has it’s own drawbacks and that other payment methods have been quick to make sure they fill in where Boku fails.

This means that it can often be hard for phone billing users to decide if it’s time they hung up their Boku boots and give another payment service a try. If you find yourself in this predicament then reading this article is a must, as we’ll be discussing what the year has taught us about the future of pay by phone deposits and what may be in store for them in 2018.

 


 

Boku Is Here To Stay

Boku LogoFirst things first, Boku isn’t going anywhere any time soon. If we’ve learnt anything over the past year it’s that phone billing is still a very attractive option for many online casino players who are looking for an alternative to traditional banking methods. In fact, in the first six months of 2017, Boku increased it’s revenue by $1.8 million, which could suggest that the method is even more popular now than it was last year.

There’s many reasons why Boku is growing in demand, not least because the platform now connects customers with tech giants such as Apple, Google, Facebook, Microsoft, Spotify and Sony. This means that you can manage your casino account, your music subscription and your app purchases all via the same service, which is definitely appealing. Furthermore, this year the World Bank has identified that, across the globe, 98 in 100 people have a mobile phone contract of some kind. In contrast, only 62 percent of adults have bank accounts. This means that Boku’s unique selling point of not requiring a debit/credit card is more pertinent now than ever before too.

 

More and More Casinos Are Accepting Boku

The online gaming world moves at rapid speeds and so online casino operators are always playing catch up to make sure their players have access to the newest and best technological advancements. This includes delivering new games, making sure their sites are compatible with the newest mobile phones, and having a finger on the pulse of new banking methods. Whilst Boku isn’t new (it actually first launched back in 2009), it seems that 2017 has finally been the year that big casino brands have took notice of their players’ wants and needs, and have decided to adopt phone billing payment services.

nektan-hands-on-gaming

This is, obviously, great news for Boku users as it means they’ve now got more choice when it comes to deciding what site to play at. In the past, one of Boku’s biggest drawbacks was that it wasn’t universally accepted by casinos and therefore it’s users were limited to only a handful of sites.

Now, players can choose between big name brands such as BGO and Casumo, mobile friendly sites such as Nektan powered casinos or even smaller more independent casinos such as mFortune and Mr Spin. In turn, this means that Boku users have access to a wide range of slots from all different software developers, a plethora of promotions and bonuses to cash in on and can actually afford to be a little picky for once.

 

Competitors Are Coming

Even though we’ve just waxed lyrical about how great Boku is and how well it’s doing, it would be foolish to ignore the challenges it may face in 2018, which mainly come in the form of competing payment soltions. In the past twelve months we’ve seen many new banking solutions come to market, each of which offers something new and different to Boku.

Zimpler Bill ScreenshotTake, for instance, Zimpler. Having launched in the UK late last year, it’s gained quite the fan base as it provides players with a service that was specifically designed for use at mobile casinos. This means that Zimpler has the ability to anticipate online gamblers needs and knows exactly which issues and problems they may face with other depositing services.

This is one thing that could blow Boku out of the water and, in order to combat this, the brand need to make sure they’re still providing mobile gamers with an excellent experience from start to finish.

Another huge new development this year, in terms of banking, has been the rise and rise of Bitcoin. Bitcoin was a fairly obscure cryptocurrency at the start of 2017, however it’s increasing value has made it front page news and, in turn, has forced online casino operators to sit up and take notice.

Many casinos now offer the ability to deposit with Bitcoin and, whilst it will probably take a few more years for it to go fully mainstream, it means that Boku will have to compete with one of the most secure ways of banking there ever was. Luckily, for Boku, however, Bitcoin cannot possibly carry on rising in value as it is now which means a crash is inevitable. At that point many people may reconsider using such a volatile depositing method for their casual gaming needs.



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