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LiqPay Payment System: an Excellent Choice for the Betting Niche

Article writer: Elliot Clark

It is hard to imagine the sportsbook market without multicurrency and secure financial services. They provide fast transfers from anywhere in the world and guarantee that the money will definitely get to the addressee.

LiqPay payment system: general info

The Bett-Market studio recommends operators connect the LiqPay system to the betting platforms. The solution is notable for its high transaction processing speed, support for popular payment methods, and modern personal identification options.

Brief Information about the Product

LiqPay is a Ukrainian service that provides reliable multicurrency transfers in a few clicks.

The brand was founded in 2008 in the city of Dnipro. The company’s controlling stake is owned by the Ukrainian PrivatBank. Initially, the system was conceived as an alternative to fast mobile payments but over time, the range of financial services offered by LiqPay has expanded significantly.

The solution is compatible with projects of any complexity and business area, including internet stores, marketplaces, sites for payment for housing and communal services, etc. Entrepreneurs will benefit from the integration of the LiqPay product into their betting shops, web casinos, poker rooms, or platforms for lottery draws.

Among the key partners of the company, we can name Foxtrot, Allo, Comfy, Jysk, Brain, Prom, Rozetka, and other well-known brands that work in the CIS market. The provider serves more than 25 thousand merchants from about 120 countries and guarantees stable operation from anywhere in the world.

Support for Popular Payment Options

One of the reasons to install the LiqPay product is the support of different settlement methods:

Way of payment

Description

PrivatPay

This is a simple and effective option for the deposition and withdrawal of funds using an account in PrivatBank or other financial institutions. Gamblers simply should select a card and confirm the transaction in a special form.

Almost 30% of transactions in LiqPay go through the PrivatPay service due to the security and high speed of money transfer

Apple Pay

The installation of the LiqPay service for betting platforms will attract admirers of Apple technology.

The software is integrated with the iOS operating system, which makes mobile payments faster and easier

Google Pay

Thanks to Google Pay, gamblers do not need to use payment cards. Funds can be transferred directly from a mobile device or through the Google browser (if passing the registration procedure)

Masterpass

This is a one-click payment that can be made by MasterCard debit and credit card holders. Players need to create an electronic account on the LiqPay site and link an active MasterCard card to it

Visa checkout

The LiqPay service is integrated with Visa proprietary solutions.

The company offers money transfers in 3 clicks with the preliminary registration of the client's e-wallet

Payments via a QR code

Scanning a unique QR code is used to instantly confirm the transaction. To send funds, operators and their customers do not need to enter the account number, password, and other information. It is enough just to point the smartphone camera at the QR code

Transfer to the bank card

To complete a transaction, users must specify the details of a credit or debit card of any bank (number, expiration date, and secure CVV code)

Visa/MC/LiqPay tokens

The solution ensures regular transfers without the need to re-type confidential information. Secure data is entered only once, after which it is converted into a unique token

FacePay

The decision to integrate the bookmaker’s office with the LiqPay payment system using biometrics will be appreciated by those players who are interested in the highest level of security.

The program scans the client's face every time the specified amount of money is to be withdrawn from his account

The LiqPay payment system can be connected by both online platforms and land-based gambling halls.

Players can bet on popular sports events through self-service terminals using cash or bank cards. Money is credited instantly. Moreover, there is no additional authorisation or verification of the client's identity.

Advantages of the Financial Service Installation

LiqPay payment service: advantages

Let us consider the main reasons why operators should purchase the LiqPay program.

Simple Integration into Viber and Telegram Chatbots

The company has developed flexible solutions for social messengers that allow people to make payments directly in the dialogue box. This approach increases the number of wagering channels and has a positive effect on the profit of entrepreneurs.

The program attaches encrypted payment keys to the bot and configures it according to the specified technical documentation. Transfers are made automatically, and there is no need to go to the bookmaker's site.

Useful Business Services

Connection of the LiqPay payment system is available together with the following solutions:

  1. PPO from PrivatBank. The universal registrar of transactions simplifies the management of land-based betting shops and online sportsbook platforms. The product automatically accepts and processes applications for the replenishment and withdrawal of funds, generates electronic checks, calculates tax on winnings, and sends such information to the State Tax Service.
  2. “Everything for an accountant”. The LiqPay system contains useful analytical tools and ready-made reporting templates. Entrepreneurs or their authorised representatives (for example, managers or accountants) can view the status of transfers, manage chargebacks, order acts of work performed, and generate statistical reports.
  3. LiqPay mobile application. The integration of the developer’s service provides access to the product for owners of smartphones and Apple technology. The demanded app allows payments via a QR code, the FacePay24 option, and personal invoicing. The reliable program also supports the innovative GeoPay feature, thanks to which invoices are sent only to those customers who are located in a certain place.
  4. “Chugaister”. This is a universal affiliate service for promoting bookmaker's offices on the Web. Entrepreneurs set up targeting according to specified characteristics (age groups, minimum/maximum sizes of the check). Then, when paying through the LiqPay system, gamblers receive personal offers in the form of promotional codes and cashback.
  5. Page branding. The company draws up a payment form on the site following the corporate style of the bookmaker. Branded widgets can be part of e-mails with personalised offers and direct links.

Multicurrency Environment

Financial software supports fast transactions in more than 30 monetary units:

  • Ukrainian hryvnias;
  • US dollars;
  • pounds sterling;
  • euros;
  • Polish zlotys;
  • Danish kroner, etc.

Favourable Tariff Plans

The decision to connect the LiqPay financial system to the betting platform is convenient and practical due to the minimum commission deductions.

The provider has set a single tariff plan at the level of 1.5% of the transaction amount for all operations:

  • transfers between cards of Ukrainian banks;
  • transactions between foreign financial institutions;
  • mobile transfers;
  • payments through Apple Pay and Google Pay services.

Professional Technical Support

Bookmakers have access to personal consultations using Skype, Telegram, Viber, e-mail, and other communication channels. For entrepreneurs, there is a dedicated line using which they can quickly get answers to any technical questions.

After signing an agreement with LiqPay, the company assigns a personal manager for each operator. Their main tasks are:

  • making thematic presentations;
  • preparation of reports and analytical summaries;
  • working on the improvement of conversion;
  • advising customers on legal and advertising issues.

How to Quickly Launch the LiqPay Payment Service

LiqPay financial software: connection

The installation of software takes a minimum of time, is simple, and does not require any special skills from entrepreneurs.

The following full-featured betting solutions are presented on the company’s official site:

Modules for CMS

These are ready-made payment templates that are easily integrated into online betting shops.

The modules are adapted to popular CMS (content management systems), based on which wagering sites are created. The LiqPay catalogue contains solutions for 1C-Bitrix, Opencart, Ecwid, Magento, and other well-known platforms

SDK plugins

The integration of the service is available for sportsbook resources that were developed using Java, JavaScript, PHP, Erlang, and other popular technologies.

The provider offers a simplified installation of the financial module, which takes place using flexible SDK plugins.

The basic set of tools contains:

  • generated HTML5 form that is needed to go to the LiqPay payment page;
  • several commands and requests to the server;
  • signature verification algorithms aimed at identifying the sender of the money

The Main Things about the Installation of the LiqPay Financial Gateway

The brand’s payment system is a good choice for the owners of sports betting platforms.
  • The advantages of the solution include a multicurrency environment, a high level of security, simple integration into Viber and Telegram bots, favourable tariff plans, and professional technical support.
  • The system supports popular payment methods via PrivatPay, Apple Pay, and Google Pay, as well as transfers to bank cards, instant transactions using Masterpass and Visa Checkout applications, etc.
  • The provider offers useful business services, such as PPO from PrivatBank, a flexible mobile application, branding of the payment page, the “Chugaister” loyalty program, and the “Everything for an accountant” reporting solution.
You can order the developer’s product from the Bett-Market studio. We guarantee fast and secure software installation with the use of ready-made CMS modules and flexible SDK plugins.

From us, it is also possible to buy the following popular services:

If you would like to ask some other questions, just reach out to our managers.

Elliot Clark

Author

Elliot Clark

Author

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