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Xsolla's Pay Station update adds web shops and payment features

Tuesday 2 August 2022 12:23 CET | News

US-based Xsolla has renewed its payment system to facilitate game developers to open alternative web shops and raise money through startup accelerators.

The update is part of an ongoing strategy to provide the ‘business engine’ for game developers. The idea is to offload business services from developers so they can concentrate on making games.

Helping game developers to access funding

The Xsolla Accelerator will help early-stage indie developers learn how to prepare for their game launches and get bridge funding for up to USD 100,000 from investors. The accelerator will facilitate developers manage the growth of their games through user acquisition after the game launches.

The ultimate goal of the accelerator programme is to help studios improve and move through the investment stages, starting from where they missed out on initial funding to where they can earn funding at the correct levels to build and launch a successful game.

US-based Xsolla has renewed its payment system to facilitate game developers to open alternative web shops and raise money through startup accelerators.

Game developers can apply to educational programmes led by industry mentors to help shape their game and content production. Accepted developers will also receive exclusive opportunities to connect with a global network of publishers and investors.

Xsolla Payouts

In another update, Xsolla Payouts enables developers and publishers to streamline payouts to external content creators and gaming influencers. This way, developers don’t have to go through the process of paying every single influencer the right amount after a campaign is done.

The payouts are useful for game developers who are processing payouts to user-generated content creators. They also work for an e-sports platform rewarding its players. It can streamline mass payouts to hundreds or thousands of individuals.

Xsolla Payouts optimises operating efficiency by managing multiple contracts with users and content creators, holding tax interviews, facilitating tax reporting, and providing the most accurate account balance calculations.

In addition to processing payouts, Xsolla takes care of the onboarding process, compliance, KYC, and tax reporting, which reduces the accounting and integration effort of contracting payment gateways, KYC providers, and tax vendors.


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Keywords: funding, product upgrade, KYC, digital onboarding, digital payments
Categories: Payments & Commerce
Companies: Xsolla
Countries: World
This article is part of category

Payments & Commerce

Xsolla

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