In the entertainment industry, games are an important sector that drives the development of the live-streaming market. Games and live streaming are closely related.
It is reported that in the tipping process of live streaming, first, fans/users pay for virtual gifts on the live streaming platform, and the platform issues gift chips to fans/users. Then, fans/users reward their favorite broadcasters by brushing gifts while watching live streams. Finally, the platform converts the gifts into virtual currency, and the broadcasters can withdraw the virtual currency or receive a commission from the platform.
In this process, payment companies have become an important part of the tipping model, providing important support for the conversion of virtual currency, broadcaster commission withdrawals, and fund supervision.
However, the chaos of money laundering and fraud through live-streaming tipping continues to exist, and providing a safe live-streaming environment for users and broadcasters is not so easy.
In the view of Epay, professional cross-border remittance companies not only need to solve the payment issues but also need to assume a certain compliance responsibility. By deeply understanding the regulation of various markets, it can reduce the risk of subsequent violations of regulatory requirements and capital losses by live streaming platforms, ensuring the safety and transparency of every fund.
Epay has a financial-grade risk control system, a payment technology team, and a risk control team with more than 10 years of experience to take strict anti-money laundering and risk control mechanisms for capital flow.
Epay will identify the streamers' identity and effectively help live streaming platforms prevent fund problems caused by identity loopholes through strict KYC audits and timely block unsafe and non-compliant fund chains.
Full coverage of Southeast Asian currencies: Southeast Asia has become a new blue ocean for global live-streaming mining. Epay's local currency payout service has covered most of Southeast Asia, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and more.
Full coverage of mainstream currencies in South America: With the rapid development of Amazon and Mercado Libre in South America, e-commerce live streaming continues to heat up, and the currencies of major countries in South America such as Brazil, Colombia, Mexico, Argentina, Chile, Peru, Uruguay, and Ecuador all support withdrawals.
In addition, broadcasters in European regions such as Russia and Ukraine can also withdraw funds to their local bank accounts through Epay. There are few platforms on the market that can provide local payments in Russia and Ukraine, and the fees are quite expensive. Epay provides a safe and cheap payment method, reducing the fees incurred by broadcasters when withdrawing funds.
Through the three payment methods of local bank transfer, e-wallet transfer and cash withdrawal, the platform currency earned by the anchors can be directly converted into local currency, without a currency exchange, which reduces exchange loss and saving costs.
The payment service provided by Epay is becoming more and more mature, and it has helped live streaming platforms and streamers in different regions at home and abroad to achieve safe, compliant, and efficient capital flow.