ADMIRAL Pay Achieves the Rating of Legality from AGCM
Published: October 29, 2024 | Author: Ron Clarke
One of the main challenges in the online gaming industry is providing secure and reliable payment solutions. As gaming platforms strive to meet regulatory standards, ensuring secure transactions becomes essential for operators and players alike. In this context, ADMIRAL Pay, the Payment Institution under the NOVOMATIC Italia Group, has recently been awarded the Rating of Legality by Italy’s Competition Authority, AGCM (Autorità Garante della Concorrenza e del Mercato), with a two-star ++ rating. This recognition reflects ADMIRAL Pay’s compliance with standards of transparency, regulatory adherence, and quality in the digital payments industry, particularly within the online gaming sector.
NOVOMATIC Italia is the owner of several gaming brands in Italy, including the popular StarVegas online casino, which offers a range of casino games, like slots, table games like blackjack and online roulette, video poker, live dealer experiences, and sports betting. Through these brands, NOVOMATIC Italia plays a significant role in Italy’s gaming landscape.
The AGCM Rating of Legality promotes ethical business practices across Italy. The AGCM grants up to three stars based on a company’s compliance with Italian laws, operational transparency, and integrity. To qualify, companies must maintain a record of lawful conduct and meet specific criteria, such as the absence of recent legal violations and the implementation of sound ethical practices. High ratings, such as ADMIRAL Pay’s two-star ++, indicate accountability and reliability, both important factors in the regulated digital marketplace.
ADMIRAL Pay is a fintech payment institution providing digital payment solutions to businesses and end-users. Established in 2018, the company has a growing presence in Italy, particularly through its Apay E-wallet app, which offers services including mobile top-ups, prepaid vouchers, bill payments, and e-sports transactions. ADMIRAL Pay also serves the online gaming industry by providing secure and traceable payment methods to various gaming companies.
In the online gaming sector, where regulated payment solutions are essential, ADMIRAL Pay’s recent recognition by AGCM bolsters its reputation. The two-star ++ Rating of Legality demonstrates the company’s role as a reliable payment platform for gaming operators and users alike.
As the online gaming landscape continues to evolve, secure payment solutions like ADMIRAL Pay play a vital role in enhancing user experience. Here at Casin.com, we’re committed to keeping you informed about the latest industry developments to make your gaming journey not only safer but also more rewarding. Stay tuned for updates and insights that help you make the most of your online gaming experience, with confidence and peace of mind.
