In the virtual world of online gaming and gambling, streamlined real-life identity verification is essential. Dedicated players want a quick process, so they can continue their winning streak. The industry requires proper identity verification, to be sure they receive their due money. Through Inverid's mobile NFC-first technology, identity verification is quick, secure, and straightforward.
Leisure activity, serious business
With industry profits up in the billions and seven-figure tournament prizes, gaming has become a mature and serious business. This calls for rigid identity verification measures. Players must be able to safely make in-game purchases, and game studios and online casinos must be sure that those signing up are legitimate.
The UK Gambling Commission’s minimum verification requirements for remote licensees, for example, are their name, address, and date of birth, before they are allowed to gamble. As per July 2021, online gaming and gambling services in Germany must ensure they have the necessary steps in place to prevent under-aged users from accessing their platforms.