POKER
Only Surveillance Will Save Your Transaction Plane From Crashing Ankit Raipuria, Consultant at yourCFO, speaks about the robustness of financial transactions on online poker sites.
By Mrinal Gujare
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ecurity and surveillance is a burning subject that is of prime importance for real money gaming operators. Talking about financial transactions, there are multiple layers of security that a brand will surely add to its platform if offering a secure and seamless experience is its top priority. Not sure how many of the real money gamers are aware of the hardcore tech stuff put in place, but the highest level of security is on every operator’s agenda. Some security protocols that are put to use include 3D Secure Authentication (security layer for a card-not-present transaction), Address Verification Service (AVS: A system to prevent fraud), and Secure Sockets Layer (SSL: A protocol that deals with authentication, privacy and data integrity). Yes, we know these terms must boggle your mind, but worry not. These security measures are established to make an online poker site bullet-proof with respect to financial transactions. Aren’t you worried about the fraudulent transactions or your money getting stolen? Of course, you are. From what we have
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read and observed, online poker players look for certified sites for being secure in terms of financial transactions. To shed more light on this matter, we spoke to Ankit Raipuria, Consultant at yourCFO, to know more about the robustness of financial transactions on online poker sites. From an online poker room’s perspective, which elements do you feel should be in place when dealing with financial transactions on the site? When we talk about elements of security, first comes the safety of the website. Next comes the speed of the internet and the APIs (application programming interface) which you run. When someone pays or goes to the payment gateway, your system should be able to extract and update the status within a fraction of a second. Aspects like security, connectivity, and having bug free APIs are very critical. Talking about the transaction security on a poker platform like Spartan Poker, how fool proof is the current security measures? I would say on a scale of 1-10; it would be 10 out of 10. There are several reasons for this. When 2021
Ankit Raipuria, Consultant at yourCFO
you look at Quadnet as an entire network, I have observed them closely and seen their system. They have tied up with different payment gateways, and their backend is managed effectively, their websites are secured, and they have licenses for that. When a user makes a transaction via a payment aggregator, like RazorPay, Cashfree or PayU, information like the card details do not get captured by Quadrific Media. Even payment gateways need the Reserve Bank of India (RBI) licenses to operate; hence,
