{"id":2967,"date":"2020-05-08T15:53:36","date_gmt":"2020-05-08T10:23:36","guid":{"rendered":"https:\/\/rzpwp.blog\/?p=2967"},"modified":"2025-04-16T17:45:23","modified_gmt":"2025-04-16T12:15:23","slug":"payment-solutions-for-online-gaming-companies-payouts","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/payment-solutions-for-online-gaming-companies-payouts\/","title":{"rendered":"Money Movement Decoded for Online Gaming Companies"},"content":{"rendered":"

The online gaming industry has seen a rapid expansion in recent years. It owes its growth to many attributes like increased smartphone penetration, accessible data, affordable tech, and the rise of the digital payments user base.\u00a0<\/span><\/p>\r\n

Lately, we\u2019ve seen the upsurge of several popular online games like PUBG, Fortnite, and more, successfully stirring up the interest of the youth of India. With more and more gamers joining the bandwagon, the demand for online games has increased.\u00a0<\/span><\/p>\r\n

This has resulted in the outset of many online gaming companies in India.<\/span> \"payment<\/p>\r\n

The many forms of online gaming<\/strong><\/h2>\r\n

\u201cOnline gaming\u201d has multiple interpretations today. With so many different modes of gameplay, genres, channels, and player formats, the categories of online gaming are diversified. <\/span><\/p>\r\n

However, among the most popular categories are freemium games and online real money games.<\/span><\/p>\r\n

Freemium games<\/strong><\/h3>\r\n

The word freemium is a fusion of free and premium. Freemium games are free to play, but compel the gamer to unlock features and customisations by paying the company. These types of games have mostly been sought after in recent times.<\/span><\/p>\r\n

Online real money games<\/strong><\/h3>\r\n

Online games that gamers play to win real money, which can be transferred to their digital wallets or bank accounts are called online real money games. These games are in high demand and are increasingly getting noticed by gamers.\u00a0<\/span> \"payment<\/p>\r\n

Online gaming and digital payments<\/strong><\/h2>\r\n

Online games offer a ton of advanced features to be unlocked by gamers. <\/span>And, Razorpay has already powered digital payments to several online gaming companies.\u00a0<\/span><\/p>\r\n

Freemium games with in-app purchases<\/a> are usually powered by Razorpay, one of the best payment gateways in India<\/a>, and the games that require month-on-month payments to unlock special features typically use Razorpay Subscriptions<\/a><\/p>\r\n

Let\u2019s see how Razorpay powers online real money gaming companies.<\/span><\/p>\r\n

There are two segments of online real money games.\u00a0<\/span><\/p>\r\n

    \r\n
  1. Pay to play<\/b> – where the gamer pays the company before playing<\/span><\/li>\r\n
  2. Play to win<\/b> – where the gamer wins money after playing<\/span><\/li>\r\n<\/ol>\r\n

    Play to win games are all the rage right now. Backed by well known VCs like Sequoia, RummyCulture, Dream11, MPL, Howzat, and more are very famous for their play to win games.\u00a0<\/span><\/p>\r\n

    In both these segments, instant gratification carries a lot of weight for these games to be as successful as they are. And that is simply because of the nature of these games.\u00a0<\/span><\/p>\r\n

    A gamer can collect their winnings after completing a game against an opponent. This means, it is not a continuous, cumulative victory, but a timed one. The gamer does not have to accumulate a certain number of points to collect their winnings. This means they might as well collect their winnings after the conclusion of each and every game.\u00a0<\/span><\/p>\r\n

    So, let\u2019s talk about how these online real money gaming companies pay their winners.\u00a0<\/span><\/p>\r\n

    Essentially, rewarding the winner is considered a payout, a customer payout in particular. And, most of the time, there are many problems associated with making payouts traditionally.<\/span><\/p>\r\n