Description

Payhound

Payhound is a payments company established in 2018 in Malta, all with a goal of offering various Crypto Payment Processing solutions to big businesses in the iGaming industry, as well as to those in the financial and investment services. The main goal of the company is to make transactions within the Crypto world easy, secure, and transparent, with a benefit of enhancing customer experience with new and advanced  technology. 

Payhound is one of the rare companies that is licensed, and this company holds a Virtual Financial Assets Service Provider license from the Malta Financial Services Authority (MFSA). The company focuses its attention on reliability, stability, and security in its work, and that is exactly what helped the company develop and gain partnerships.

Company Overview

Payhound started its journey in the payments space under the name MoneyBite. Later, the company was renamed to Payhound in order to fit the image of the company more. Since 2018, the company has been working hard to create a quick and easy way to make transactions, especially for businesses in the iGaming sector. 

This platform is a payment option that replaces a long chain of bank transactions for international payments, all with a single instant transaction. Over the years, as the company expanded, the platform has attracted many businesses and established many partnerships for the company. Currently, the company is working on its expansion towards more countries in Europe, in hopes of creating more partnerships and developing the platform even further. 

Payhound is on a mission to offer a secure, regulated, and accessible platform for all. The platform is designed with a focus on security, as the company has been working hard on creating a secure network that meets and even exceeds all international standards. The company is licensed, which creates another sense of security among the customers, and reassures them that everything Payhound does is completely transparent and according to law. Payhound offers crypto capabilities to those who want to introduce this payment method into their businesses. 

The main asset of the company is its crypto payment processing. Payhound focuses on offering different crypto processing methods to businesses, and they are designed to convert crypto currencies to traditional fiat currencies instantly and easily. This is what attracts businesses in the field of online gaming, due to high volume and processing requirements in the industry. People can also buy or sell large amounts of crypto through Payhound’s online platform or by connecting to one of the trading team members in the company. The platform allows for the users to differentiate crypto payment, set up channels for automatic conversion to fiat currencies, or to keep deposits in crypto currencies. Those channels can be customized according to the customer’s needs.

Recently, Payhound has partnered up with a company called Chainalysis, which works as a blockchain data platform. This partnership happened with a goal of further improvement of compliance and risk management strategy, as to further protect the platform from possible fraud activities. This just shows how serious Payhound is in its goal to provide the best possible platform for the users.

Payhound’s Focus is the Online Gaming Industry

Since Payhound’s first steps in the payment industry, the focus of its work has been the online gaming industry. The company wanted to make payments in this sector quicker and easier, and to incorporate a more efficient way to use crypto currencies in the world of gaming. Payhound has been quite successful in its 6 years of work, as the company has gained many happy customers. People usually turn to Payhound because the company offers multiple ways to use crypto currencies while making payments. Another reason is Payhound’s security and accessibility of the platform, which is extremely user-friendly and easy to navigate. 

Closing Thoughts

Payhound is a fairly young company in the world of digital payments, but in just 6 years the company has been able to reach some extremely highly set goals. With the focus on the online gaming industry, this is one of the rare companies to have licenses from the official government services and to operate with crypto currencies so seriously. Over the years, the company was able to improve its work with a small number of employees, while also creating strong partnerships with other companies and businesses, and all while working on their expansion to other European countries. This just shows how much the online gaming industry can bring to the table, and how quickly a young company can develop if it truly focuses on its goals.