Palmpay To Stop Fraud In The $2 Billion Nigerian Betting Market

PalmPay aims to stop cheating in Nigeria's $2 billion betting industry and encourages responsible gaming.

Over 60 million Nigerians aged 18 to 40 spend $5.5 million daily on betting. PalmPay offers secure payment methods for betting companies, expecting the industry to grow to $4.7 billion annually.

They partner with BetKing to promote responsible gaming and use security measures like facial recognition to prevent fraud.

 

[Qwert135]

Most of the companies that are newly launching and also the developed companies in the market are targeting the areas and the location where the market is developing actually they know that if they can become strong in the market right from the start they can become a potential leader in the region which is why most of the companies are trying to get in on the gambling markets that are new and are not much saturated so that they can become a leader in the industry in as specific area in gambling markets