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Forex giant Deriv partners with MiFinity for payment expansion

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Forex giant Deriv partners with MiFinity for payment expansion

 

MiFinity is pleased to announce its partnership with online trading service provider, Deriv. With a focus on the African and LATAM markets, MiFinity’s eWallet is now used by Deriv traders to deposit and withdraw funds from their accounts.

Paul Kavanagh, CEO at MiFinity, said: “At MiFinity we share many of the same values as Deriv, such as delivering the best customer experience and giving customers more control over their money and offering super-low fees and no hidden costs. So, we’re excited to provide Deriv’s traders with the option to use their MiFinity eWallet on the platform. That way, they can spend more on what they want and less on transaction fees.”

Derek Smith, Head of Payments and Marketing at Deriv added: “We’re always looking for ways to improve the user experience for our traders. Making a deposit or withdrawal easily is key to that experience. MiFinity offers a simple solution, supports multiple currencies, languages and local payment methods, so it’s a great addition to our cashier in our target markets.”

The MiFinity eWallet is integrated with over 40 local payment methods, is available in 17 currencies and supports 20 languages. Deriv traders can choose their MiFinity eWallet directly in Deriv’s cashier and complete a transaction without navigating away from Deriv’s site. Utilising the MiFinity iFrame, the customer experience is localised for the trader, improving conversion rates and reducing friction in the payment journey.
With MiFinity, Deriv will be able to increase its footprint in strategic markets, especially in LATAM, where MiFinity offers a wide range of alternative payment methods for this region.

Paul Kavanagh commented: “Localisation is fundamental for customer acquisition in markets like LATAM and Africa. Suppose you don’t offer the customer’s preferred payment method. In that case, you simply will not be able to convert them because many of the conventional, global payment methods are unavailable or widely used in those markets. Our eWallet removes this conversion barrier. Traders can deposit funds in their MiFinity eWallet using various alternative payment methods and transact in the Deriv platform using this method.”

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A Comparative Analysis Of Land-Casinos and Online Casinos in South Africa 2024

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A Comparative Analysis Of Land-Casinos and Online Casinos in South Africa 2024

 

Are you a gambling enthusiast in South Africa caught in the dilemma of choosing between the electric buzz of land-based casinos and the cutting-edge convenience of online platforms? Well, you’re in luck, as the South African gambling landscape offers the best of both worlds, each with its own unique allure and benefits. Whether you’re someone who relishes the glamour and social interaction of physical casinos, or you prefer the accessibility and innovation of online gaming, South Africa’s diverse gambling market has something tailor-made for you.

The Age-Old Charm of Land-Based Casinos Vs. The Digital Allure of Online Platforms

As of 2024, the land-based gambling market in South Africa continues to be a significant segment of the country’s entertainment industry. The nation is home to some of the most renowned casinos in the world, offering a diverse range of gaming options from traditional casino slots machines to various table games like poker, blackjack, and roulette.

These establishments are not just about gambling; they are complete entertainment destinations, often featuring luxury hotels, fine dining, and live entertainment. The National Gambling Board strictly regulates the sector, ensuring fair play and responsible gambling practices. While the market faces competition from the burgeoning online gambling sector, land-based casinos in South Africa continue to attract both local and international visitors, contributing significantly to the country’s tourism and economy. However, it’s important to note that the landscape of the gambling industry is ever-changing, influenced by technological advancements and shifting consumer preferences.

Online casinos bring unparalleled convenience, allowing players to indulge in their favourite games from the comfort of their homes. The absence of travel requirements and the 24/7 availability of online platforms are just a few reasons why digital gambling is gaining traction in the region.

The Unmatched Benefits of Online Gambling

The unmatched advantages of online gambling go well beyond the convenience of accessibility. Online casinos boast an extensive and diverse range of games, surpassing the limited variety in physical casinos. This vast selection caters to all gamblers, offering everything from traditional slot machines and table games to innovative themed games. Online platforms continuously update their game libraries with fresh and exciting titles, ensuring a dynamic gaming experience that keeps pace with player preferences and the latest trends.

Incorporating cutting-edge technology, online casinos have elevated the gambling experience. Live dealer games, conducted in real-time by professional dealers, bring the authentic atmosphere of a land-based casino into the digital realm, offering a blend of convenience and realism. The emergence of virtual reality (VR) in online gambling is a game-changer, creating immersive, 3D environments that mimic the experience of stepping into a physical casino. This technological advancement enhances the thrill of gambling and attracts a tech-savvy audience seeking interactive and engaging experiences.

Moreover, the allure of online casinos is significantly bolstered by their exclusive no deposit casino bonuses and promotions. These include welcome bonuses, free spins casinos, loyalty rewards, and more, offering added value and increased chances of winning for new and regular players. With options for various stake levels, online casino real money cater to a wide spectrum of financial preferences, from high rollers to casual players. The combination of privacy, a wide array of games, advanced technology, and enticing bonuses makes online gambling a highly appealing and continually evolving field for players globally.

Why Some Gamblers Might Still Prefer Land-Based Casinos

Some gamblers in South Africa might prefer land-based casinos over online options for several reasons. Firstly, the tangible experience of a physical casino, with its vibrant atmosphere, live entertainment, and the social aspect of interacting with other players and staff, can be more engaging and enjoyable for some. Land-based casinos often offer a sense of luxury and a unique ambiance that online platforms cannot replicate.

Secondly, there is a level of trust and security associated with physical transactions and seeing games played in real-time, which some players might find more reassuring than online gambling. Additionally, the immediate payout of winnings in a land-based casino can be more satisfying compared to the processing times of online withdrawals.

Finally, for some, visiting a casino is a special outing or a part of a larger entertainment experience, which includes dining, shows, and other amenities, adding to the overall appeal of land-based casinos in South Africa.

Luckily for South Africans, They Don’t Need to Choose

The choice between land-based and online casinos in South Africa ultimately boils down to personal preference, as both offer unique and compelling experiences. Land-based casinos provide the classic, tangible experience of gambling, complete with the exhilaration of live gameplay, the social aspect of interacting with others, and the luxury of resort-style amenities. They cater to those who appreciate the traditional aspects of gambling and the holistic experience of a night out at a casino.

On the other hand, online casinos appeal to those who value convenience, a wider variety of games, and the innovative features of digital technology. The ease of accessing a multitude of games from anywhere at any time, coupled with the advancements in live dealer games and virtual reality, makes online gambling a continuously evolving and exciting field. Additionally, the attractive bonuses and promotions available online add extra value to the player’s experience.

South Africans are fortunate to have access to high-quality options in both realms. Leading South African gambling portals such as SouthAfricanCasinos.co.za will help players find the type of gambling establishment they seek. Whether it’s an online casino that focuses on slot games, or a land-based casino offering night shows and a massive gambling floor – they have it all listed.

Our Top 5 recommended South African Online Casinos are:

1. Springbok Casino – Get a R350 Free No Deposit Bonus when you sign up at SA’s #1 Online Casino

  1. Europa Casino – Claim a R375 Free No Deposit Bonus when you register a new account
  2. Yebo Casino – Receive a R350 Risk-Free Bonus when you register a new account
  3. Silver Sands Casino – Redeem a R400 Free Bonus on registration and play high paying casino games
  4. Punt Casino – South African players get a MASSIVE R350 absolutely free when they join
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How to Find the Best New Online Casinos in South Africa

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Online casinos are taking the world by storm. Many South African players are starting to sign up for online casinos and are wishing to know how to take their gaming to the next level. After all, who wouldn’t like to wager some change and turn it into hundreds if not thousands of Rands just by having fun?

In this article, we’ll talk about how you can make the most of your experience playing at the newest online casinos in South Africa. So, let’s dive in.

Choose a reputable new online casino

Before you start playing, you should ensure that the online casino you choose is licensed and regulated and has a good reputation. Look for the logos of licensing organization at the footer of the casino’s main page.

As South Africa doesn’t have its own regulatory body for online casinos, you should look for MGA or Curacao-licensed casinos to protect your customer rights. This will ensure that you are playing in a safe and secure environment and that you can withdraw your winnings without a hassle.

Take advantage of bonuses and promotions

Online casinos often offer bonuses and promotions to their players. Take advantage of these offers to increase your bankroll which will in turn up your chances of winning and make your gaming experience more exciting.

If you’re a new player, free no deposit bonuses can immensely maximize your online casino experience. This is one of the best perks of online casinos, as you won’t be able to find a traditional casino that offers this kind of bonus. Could you imagine entering a casino in Las Vegas and the hostess giving you some chips for free?!

Set a budget for the new online casino

Before you start playing, set a budget for yourself and make it your rule to stick to it. This will assist you in limiting your spending and ensuring that your gaming time is enjoyable. Avoid chasing losses and spending more than you can afford to lose.

Online casinos are entertainment, so consider your bankroll as your “entertainment budget.” For example, if you go to the cinema to see a movie, you always have a certain amount you’re comfortable spending on the movie ticket and the concession stand. Look at your casino budget in the same way and don’t go overboard.

Know the rules of the game

Take the time to read the rules of the games you want to play. This will help you make wiser choices and raise your chances of success. Plus, many new online casinos offer demo games you can try before you wager any money. There you can hone your skills, learn what certain symbols mean, and most importantly, gain confidence.

Practice responsible gaming

Online gaming should be fun and entertaining. It’s important to practice responsible gaming and never gamble more than you can afford to lose. To ensure you don’t go over budget, you can use the casino’s responsible gambling tools, such as setting limits on your deposit, losses, and even playtime.

If you feel like you are developing a problem, seek help from a professional organization and self-exclude. Suppose you’re playing at a new and reputable online casino. In that case, these organizations will be linked at the footer of the casino’s main page, and the self-exclusion option should be easy to activate.

Try new games

Don’t be afraid to try new games and explore new online casinos. If you’re an online casino connoisseur, it’s natural to feel bored by your tried and true games. So, click around your favorite casino, and try out some of the games you’ve never thought to play. Who knows, you may even discover a new favorite!

To keep your gaming experience fresh and exciting, you may even sign up for a new casino. With many welcome bonuses and no deposit offers, sometimes you will have more to gain than lose by trying a new casino out!

Take breaks

When you play at your new online casino, taking breaks from online gaming is important to avoid burnout. Don’t make your gaming sessions too long to begin with. However, if you have a lot of time to spare, take a break every half an hour or so to stretch, walk around, and refresh your mind. This will help you stay focused and energized while gaming.

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1xBet Partners with Professional Fighters League

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Leading Asia-based betting company 1xBet has partnered with the Professional Fighters League to become its exclusive betting partner in the Latin America and Sub-Saharan Africa regions.

This agreement is the first of its kind for the association in the two regions, the operator stated.

Under the agreement, supporters of the game in Latin America will have the chance to bet on what is left of the 2022 regular season, the PLF playoffs, and also the PFL World Championships. While in the Sub-Saharan Africa region, fans will also have the opportunity to place bets on the remainder of the 2022 regular season of the PFL and the first events of the playoffs.

PFL CEO Peter Murray said: “We are excited to partner with 1xBet to grow our premium betting experiences for the millions of fans across Latin America and Sub-Saharan Africa. The Professional Fighters League continues to expand our brand of MMA across the globe, delivering premium content and disrupting the traditional MMA landscape.”

1xBet spokesperson Alex Sommers said: “For us, the partnership agreement with the PFL is an excellent opportunity to support MMA development. We want mixed martial arts fans to get the best opportunity to support their favorite fighters and have a great, innovative experience.”

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