Payment secrets hidden in the global gaming economy

From the developers and designers who create the games to the esports athletes who compete on grand stages during tournaments, the global gaming economy is a major industry with over $150 billion in gaming revenue and an 11 percent annual revenue growth, according to Newzoo.

As gaming forms its own economy, seamless payment experiences at every level are critical for the ecosystem to thrive. The world of payments can be complex. Game industry leaders and investors are often concerned with one aspect of payments — in-game monetization — but there are many other ways that payments add or reduce friction. To achieve the ideal outcome for long term success and competitiveness, it can help to take a step back and look at how payments affect the entire operation.