I firmly believe that the most important factor people care about these days when it comes to online payments and other fintech products and services, besides top-notch cybersecurity measures, is speed.
Here is a closer look at why so many other people also view this key factor as a top priority.
Why is speed so important in the financial technology (fintech) sector?
I’m an avid gamer, and I also like to trade (buy, sell, and hold Bitcoin) on trusted trading platforms, so knowing that my transactions will be processed in a timely manner, and by timely, I mean near-instant, is of the utmost importance for me and many other like-minded people that I’ve talked to.
In fact, if I am looking for somewhere new to play my favourite online games on sites that require being topped up with either virtual currency (which has no monetary value) or real money to play, then I will check the expert reviews first to see how quick that operator typically is at processing transactions, and which payment gateways are the fastest at processing transactions.
In other words, I don’t like waiting for the funds to arrive in my online gaming or trading accounts after sending them directly from my preferred payment method account, whether it’s my Visa debit card, Apple mobile wallet or PayPal eWallet.
Also, when I talk about speed, I’m not just referring to transaction/payment processing times. I want everything else to be super fast, from web page loading times and how quickly my favourite titles load on my favourite sites to how quickly my web browser takes me to my favourite websites.
It’s all linked to the productivity of today’s fintech solutions in one way or another.
For example, when I stream live dealer content from award-winning providers like Evolution or Pragmatic Play or playing high-end, graphically demanding triple-A blockbuster video games online like Metro Exodus, Cyberpunk 2077, Forza Horizon 5, or Red Dead Redemption 2, I don’t want any interruptions.
Latency issues, buffering, and being disconnected halfway through playing are all super frustrating, which I think almost every gaming enthusiast would agree with, and it can only be avoided by having a stable and speedy internet/Wi-Fi connection.
If my internet speeds were slow, I simply wouldn’t be able to enjoy an immersive and engaging experience playing any of these hit titles. Slow speeds would also cause frequent issues processing in-game microtransactions, which is why speed is so crucial to fintech products.
Speed is why I always look for instant play sites and avoid sites where I must download programs or install apps that clutter up my PC or smartphone. I want fast-loading titles that I can play directly via the main website.
What are instant play gaming sites, and why is speed important on websites like this?
This can mean several things. In other words, there are hundreds of instant play sites (digital entertainment websites) out there today, such as online video gaming websites, social casinos, dedicated poker sites, regular online casinos, and many others where you can play puzzle/arcade/mini/role-play/simulation/strategy/MMO (massively multiplayer online) and MMORPG (massively multiplayer online RPG) games.
Let’s just say that you’re looking for the instant play option because you want to have a few spins in the real money mode on your favourite online fruit machine because you think the progressive jackpot is about to drop, or you want to have a few rounds of the hugely popular MONOPOLY Live dealer title from Evolution because you think the main bonus round is close to triggering, you don’t want to be waiting around for your deposit to be processed or for those titles to load.
Similarly, if I’m thinking of making a quick trade in Bitcoin, I don’t want the fintech services/products required to do this to be slow and ineffective. I want them to be fast and efficient. You want payments to be processed in the blink of an eye so you can carry on playing or trading.
You don’t want to wait five or ten minutes or any longer than that. We live in 2025, not 1995.
Everyone these days, myself included, expects everything to be done yesterday, not tomorrow, which is why fintech solutions and operators try to get things done as quickly as possible. Successful online business owners understand that I’m not the only one who wants things done as quickly as possible.
I’ve found that the quickest way to get things done is to use a globally renowned online payment processing company for all deposits and withdrawals and use that same method, where possible, when purchasing goods, services, or content on your favourite websites.
Some of the fastest online payment processing gateways out there today to consider using at the virtual checkout are the following:
- PayPal
- Stripe
- Adyen
- Skrill
- Amazon Pay
- Stripe
- Google Pay
- Square
Others include Mastercard, Visa, Neteller, Revolut, Paysafecard, Trustly, Jeton, MuchBetter, and AstroPay. That’s not forgetting Apple Pay, Maestro, Payz, Bank Wire Transfer, Neosurf, Zimpler, iDeal, Entropay, POLi, and Pay by Phone, to name a few.
A growing number of trusted online merchants these days have also started accepting crypto like Bitcoin and Ethereum.
The important thing to remember is that not all of these payments will be accepted on every site that you visit, so before signing up anywhere to play games and before heading to the virtual checkout to pay for your online shopping cart/trolley full of items, always start by checking to see if you’re preferred online payment method is accepted on that site.
I also like to use the lowest-costing payment gateways, not just the quickest, so remember to consider this as well before deciding which payment method to use online.
Being careful: quality over speed
Finally, I mustn’t forget to mention that trading online in cryptocurrency or playing real money betting favourites like slots, blackjack, and roulette comes with an element of risk involved, so always trade/gamble responsibly and only ever use money you can afford to lose.
Start by setting a reasonable spending budget and stick to trading/betting on trusted platforms that the experts recommend. In other words, avoid signing up to unlicensed and unregulated sites and avoid them at all costs.
