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Writer's pictureShane Kim

Payments 101 (Overview)

Updated: Oct 27, 2024


BJ88 offers a secure and user-friendly experience, accessible from anywhere in the world. The unique BJ88 entertainment site features a wide range of popular options, including live casino, sports betting, slot games, and lotteries—all supported by our dedicated payments team.

 

There two payment types that we use in our payments department: A Bank and a Payment Gateway are distinct financial institutions that serve different purposes:

  • Bank/Local Bank

    A bank is a financial institution that accepts deposits, offers loans, and provides various financial services to individuals and businesses. In the context of online casinos, banks facilitate the transfer of funds between players and the casino, ensuring secure transactions and managing player accounts.

  • Payment gateways

    A payment gateway is a technology that enables online merchants, including casinos, to process credit card and electronic payments securely. It acts as an intermediary between the player's bank and the casino's bank, encrypting sensitive information to protect against fraud. Payment gateways streamline the transaction process, providing a seamless experience for users while ensuring compliance with financial regulations.

 

Handled Market:

Our primary market is Vietnam, and we handle transactions in VND (Vietnamese Dong). Please note that the VND amounts displayed in our [back office] do not include the last three zeros. For example, a deposit request of 1,000,000 VND will appear as 1,000 VND in the system.

 

Payment Tools A. Melon B.O B. Google Sheets

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