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How payment methods shape online casino success in London – London Business News | London Wallet

Philip Roth by Philip Roth
November 5, 2025
in UK
How payment methods shape online casino success in London – London Business News | London Wallet
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Gambling has long been a part of the UK for some time now. And one of the reasons a significant portion of the country’s population gambles is the increasing popularity of online platforms. In fact, according to Limelight Digital, the UK has over 37 million active online wagering accounts as of 2025. As a result, Grand View Research estimates the national online gambling market at $7.3 billion.

Looking ahead, the market could continue expanding at a 12.8% CAGR to reach $15.1 billion by 2030. For operators, especially those targeting high-potential markets like London, this means going beyond just offering entertainment value if you want to stand out. And this is where payment methods come in handy.

Players today expect fast, secure and familiar ways to move money in and out of their accounts, making a case for trusted platforms like PayPal. Many of the best PayPal casinos have gained loyal followings precisely because they offer seamless transactions, minimal processing delays and strong buyer protection measures. And, of course, if players find such experiences, they will likely become loyal.

Meeting the growing need for instant payments

Globally, Juniper Research forecasts that instant payments will exceed $110 trillion by 2029. If that’s not enough, Fortune Business Insights values the global real-time payment market at $34.16 billion and expects it to hit $284.49 billion by 2032. This trend is no different in UK cities like London. Data from Projective Group shows that Faster Payments handled over 3.8 billion transactions in 2023 alone, which was an 18% increase from the previous year.

Now that more consumers don’t want their funds to be delayed, you can imagine what these figures look like today. And since instant gratification is one of the primary allurements of gambling, it shouldn’t be surprising that modern gamblers, including those in London, expect instant deposits and withdrawals as part of their overall casino experience.

One way operators are catering to these preferences is by adopting digital currencies. These currencies are decentralised by nature, eliminating the need for third-party financial institutions, which often lengthen the transaction process through cumbersome verification steps and intermediary approvals. As a result, players can access their funds in less than one second.

Providing such experiences demonstrates your commitment to meeting gamblers’ shifting preferences. This can help boost your reputation and position your brand as a customer-centric operator that understands what modern players truly value.

Diversity can be magical

According to World Population Review, the UK’s capital alone has a population of more than 9.8 million. A population of this nature means not every player here favours the same transaction method. Some may prefer e-wallets, while others prefer traditional options, such as bank transfers. That’s why payment diversity can be beneficial, as it helps your brand appeal to as many potential customers as possible.

Note: PayPal attributes a 71% increase in the likelihood of a purchase to offering multiple payment methods and digital wallet choices. Another study by PYMNTS.com states that seven in ten consumers consider the availability of their preferred transaction method extremely essential when deciding where to make a purchase. Considering such statistics, it shouldn’t be surprising to see leading casinos in London increasingly prioritising payment diversity to ensure that no player feels left out.

Another benefit of offering multiple transaction options is that players can remain connected to your platform even if one option experiences downtime or maintenance issues. This flexibility prevents interruptions in gameplay and further highlights your commitment to providing convenience at all costs. For example, if a player’s preferred e-wallet is temporarily unavailable, they can easily switch to a cryptocurrency alternative without leaving the platform.

And don’t forget that London is a renowned tourist destination. Travel-tech platform Hotelagio recently ranked it the third-most visited city on the planet. And according to the UK Parliament, more than 20 million overnight visits were made to London in 2024 alone. That’s why you want to integrate both local and international transaction methods to avoid missing out on this audience.

Localising while ensuring secure interactions

Beyond just diversifying payments, you also want to localise them. However, since London welcomes millions of visitors, you want to localise payments for both Londoners and tourists. For instance, while UK-based gamblers may lean toward familiar systems like PayPal and Skrill, tourists from Europe and Asia might prefer regional options such as Sofort and iDEAL.

With these regional methods, casinos enhance their platforms, making them more comfortable and eliminating the friction that often discourages new sign-ups or first-time players. But again, the growing number of online transactions in London’s casino market also attracts cyber threats. And as these threats continue to increase, online gamblers are also becoming increasingly security-conscious.

If a casino has to appeal to them, it must demonstrate that security is a core part of its operations. Thankfully, incorporating advanced identity verification systems, such as two-factor authentication and biometric logins, can be beneficial. Other operators go the extra mile to integrate AI-powered mechanisms that monitor and flag suspicious activities in real-time. At the same time, they work hard to ensure that these security features don’t create unnecessary friction during transactions, which can help improve competitiveness.

In short, the secret to using payment methods to stand out in London’s online casino industry is by ensuring they are player-focused. For instance, reducing process times for deposits and withdrawals and maintaining top-tier security without sacrificing ease of use can significantly improve player satisfaction, which could, in turn, lead to better business performance.

 

Please play responsibly. For more information and advice visit https://www.begambleaware.org

Content is not intended for an audience under 18 years of age



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