This guide will bring light on what to pay a particular attention to when choosing the right partner as well as information on established PSP in the gaming industry.
Transactions smaller than 5 Euro are generally considered micropayments. Some providers define them as transactions with a value smaller than 20 Euro. Microtransaction are a type of micropayments used to acquire virtual goods. Those purchases can either take place directly in the game, by redirecting the player to an external website or through mobile carrier billing. Additionally, prepaid cards or codes can be purchased in advance. Virtual currencies can also be purchased through various platforms or markets.
The most common payment methods used for microtransactions in gaming are credit cards, e-wallet giant PayPal, mobile carrier billing and prepaid cards or codes, such as Paysafe cards or Boku codes. Gaming companies should consider offering local payment methods to optimize their conversion rate.
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