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Moneygate International Interview - SiGMA East Europe 2024

CasinoLove recently had the opportunity to interview Alexey Rozhkov, the CEO of Moneygate International Limited. Moneygate International Limited is a prominent company in the gaming industry, best known for its innovative payment solutions, offering both fiat and cryptocurrency options, and ensuring secure, low-cost transactions. The video is also available on YouTube.

About Alexey Rozhkov and Moneygate International Limited

Alexey Rozhkov is the CEO and co-founder of Moneygate International Limited, a cryptocurrency exchange and payment solutions provider. His company focuses on offering a wide range of payment options for the iGaming industry, ensuring security and low transaction costs for its users.

Founding Moneygate International Limited

Rozhkov explained that he and his partner saw a tremendous opportunity in the cryptocurrency sector, which motivated them to launch Moneygate International Limited. The company aims to bridge the gap between traditional payment methods and the rising demand for crypto-based solutions in the iGaming space.

The Importance of Choosing a Good Payment Provider

According to Rozhkov, selecting a reliable payment provider is crucial for iGaming operators. He emphasized that having a wide range of payment options and ensuring the security of clients are vital for success in the industry.

"There are many reasons, but the main ones are having a wide range of payment solutions and ensuring the security of iGaming clients, which is an essential part of the industry."

Flexibility in Payment Methods: Fiat vs Crypto

Moneygate International Limited offers both fiat and cryptocurrency payment options, allowing users to choose the best method for their situation. Rozhkov highlighted the need for flexibility in payment methods due to the unpredictable nature of global events, such as sanctions or political instability.

"It's important, because we don’t know what will happen tomorrow. Some people can only pay with fiat, some can pay with crypto, and others might use gift cards. We must offer a wide range of payment options to be more accessible."

Ensuring User Safety and Security

Security is a top priority for Moneygate, and Rozhkov stated that their platform is certified under PCI DSS, ensuring that all data is protected. They continuously improve their security systems to keep up with industry standards and threats.

"All data is protected by PCI DSS. We pass all required tests, and we are certified. Additionally, we are constantly developing our security systems."

How Moneygate Keeps Transaction Costs Low

One of the key advantages of Moneygate is its ability to maintain low transaction costs. Rozhkov described their peer-to-peer (P2P) payment system, where users can directly interact with one another. This system reduces the need for intermediaries and lowers transaction fees.

"We developed a system where two people can interact directly. This is a peer-to-peer (P2P) payment, where money moves between two physical accounts, which results in lower commissions."