What is Bitlabz and what do they do?
Bitlabz is a technology company focused on providing payment solutions primarily for the online gambling and gaming sectors. It specializes in creating seamless payment processing systems that facilitate transactions in cryptocurrency and other payment methods. Bitlabz's core offerings include a secure payment gateway, transaction processing, and wallet services, allowing businesses to accept a variety of payment options efficiently.
Bitlabz emphasizes a user-friendly experience by streamlining the payment process. Their payment gateway is designed to handle high volumes of transactions while ensuring security and speed. Additionally, Bitlabz provides features that enable businesses to manage payments effectively, catering to various financial needs of their clients.
Who is it for?
Bitlabz mainly serves the online gambling and gaming industries, where the demand for secure and fast payment processing is critical. Companies operating in these sectors often face unique challenges regarding payment fraud and regulatory compliance. Bitlabz’s solutions aim to address these challenges, making it easier for businesses to manage their payment operations and enhance user experiences.
While specific details regarding industry partnerships or geographic reach are not publicly outlined, the focus remains predominantly on the gaming sector, where technological adaptability and compliance are crucial for success.
Why do businesses choose Bitlabz?
Businesses select Bitlabz for its robust payment solutions tailored to the needs of online gambling and gaming operations. The confirmed strengths and benefits of Bitlabz include:
- Comprehensive payment options, supporting multiple cryptocurrencies and traditional payment methods.
- High transaction processing speeds, which enhance user experience and reduce cart abandonment rates.
- Strong emphasis on security features to protect both business and customer data.
- Dedicated customer support for troubleshooting and ensuring smooth operations.
- Rigorous compliance with industry regulations, which helps businesses mitigate risk.
By leveraging these benefits, companies can enhance their payment capabilities and customer satisfaction.
Businesses using Corefy can simply obtain a MID from Bitlabz and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is Bitlabz trustworthy?
Bitlabz has taken measures to establish its credibility within the payment processing industry. The company adheres to stringent security protocols designed to protect sensitive transaction data. Additionally, it complies with relevant regulatory standards that govern online payment services, contributing to its reputation as a reliable provider.
While specific licensing details have not been publicly disclosed, their focus on compliance suggests a commitment to upholding industry standards, which is essential for businesses operating in the highly regulated online gambling sector.
How to start using Corefy’s Bitlabz integration
Connect Bitlabz via Corefy and manage it alongside other payment providers. Apply routing rules, monitor performance, and centralise reporting without building or maintaining a separate integration.
- Step 2
Connect merchant account
Add Bitlabz account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 3
Set up routing rules
Define routing rules and logic to optimise transactions processed through Bitlabz and other PSPs. - Step 4
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
Supported payment and payout methods available via this connector.
Payments
1Payouts
1Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.
Features
Functional capabilities supported across available flows.