How Is It Different From Traditional TV?
In a traditional cable or satellite TV, it's necessary
to have a copper-wired connection to watch the TV. Traditional cable TV does not support high-quality content, demanded videos, and has limited and fixed
broadcasting programs. The technological age we are in is susceptible to the services they use. Even Full-HD services are not supported by cable TV due
to the low bandwidth over copper. Nowadays, people demand 4K and 8K video content that is only possible over IPTV as it supports high bandwidth.
Why Do Customers Prefer IPTV over Traditional TV, Nowadays?
IPTV systems give viewers more control over television
services. This control covers everything from real-time television on-demand controls to rapid service activation. A few of the cutting-edge Internet
television features, including multimedia programming, worldwide television channels, anywhere television extensions, and personal media channels, are
described. Along with delivering a variety of TV channels, IPTV also offers services like live television, near video on demand, time-shifted TV, TV on
demand (TVoD), and others. Network security and IPTV deployments guarantee a professional experience, fostering a stimulating business climate for
advertising and content providers alike.
IPTV is a safe and trustworthy method of streaming entertainment content,
live feeds, and other services over an IP data network. On smart TVs, set-top boxes, and smart mobile devices like smartphones and laptops, encoded
streams, broadcast TV, VOD, and interactive TV services are safely provided across a network utilizing the IP protocol.
Comparatively speaking, IPTV is a larger platform than traditional television.
An IPTV merchant can supply an endless amount of high-quality content using Internet Protocol because it is not restricted to providing streamlined
content like TV. With subscriber-based ISP networks, the technology is widely deployed, and high-speed service is offered via set-top boxes, fiber networks,
or any other mode. Both private and corporate networks make extensive use of the IPTV network. The services, which include browsing and viewing content,
are frequently categorized as live television, media, and video on demand.
How Large is the IPTV market?
According to Researchandmarket, at present, nearly
360 million IPTV users exist worldwide, and about 79 million subscribers will add globally between 2021 and 2027 to take its total to 439 million.
According to Businesswire research on IPTV, the industry is anticipated to
increase from $70.5 billion in 2020 to $84.22 billion in 2021, with a 19.5% compound annual growth rate (CAGR). Further, it is anticipated to
reach $152.3 billion in 2025 at a CAGR of 16%. The rise is primarily attributable to the businesses restarting operations and adjusting to the
new normal as they recover from the COVID-19 impact, which had previously resulted in tight confinement measures such as social isolation, remote work,
and the shutdown of commercial activities that created operational difficulties.
An important reason fueling the expansion of the internet protocol television
(IPTV) market is consumers' increased preference for video-on-demand (VoD) services. Internet Protocol TV's innovative video-on-demand (VoD)
function offers customers a variety of available videos to choose from. The Real-time Streaming Protocol is used to send the video across the internet.
VoD has been incredibly popular recently, which has increased the use of smart TVs.
How IPTV Business Benefiting Merchants?
Several reports indicate that the IPTV market is booming
with a notable growth rate of around 20% YOY. Internet penetration is reaching a record high. The equipment, including phones, tablets, laptops, and
televisions, is made with high-quality video support. When a person has a device that supports high-quality content, the person becomes curious to get
the content as soon as possible. The only high-quality video & audio content provider with seamless services is IPTV providers.
The R&M report mentioned above stated the estimated IPTV user is around
360 million. Still, other reports show the number is under-rated, and the IPTV user base has already reached a billion. The capital of the IPTV
market also reached more than half a trillion.
With the technological expansion, the IPTV industry will also witness
simultaneous blossoming. The industry is very profitable as video on demand is being preferred by a maximum number of users, which gives a merchant extra benefits.
In IPTV, every customer has assigned a unique IP address that enables
specific advertising of products and services based on their use and region. A merchant's IPTV business can generate a use amount by the particular
How IPTV works?
When compared to traditional channel surfing, IPTV is
pretty similar to web browsing. It makes use of Internet Protocol technology, and the transport layer, which is in charge of transferring data securely
via IP, is what makes up IP data transfer. Consequently, viewers receive the data safely. The video that is broadcast from various resources is split
up into data packets and sent over the internet when an online user clicks on any TV program or requests to play it. The data is delivered to the online
user via the internet connection. So, the user can use their smartphones or laptops to run videos. Compared to other data transfer modes, fiber moves
far more quickly.
Simply, the payment gateway is the entity that allows a
merchant to accept online payment from its clients via credit or debit card, bank transfer, e-wallet, and cryptocurrency.
A payment gateway is an interface between merchant and customer.
It is a technology or mechanism that collects a customer's payment details and transmits them to the merchant's bank with complete security. It also
responds back to the merchant with an approval or denial notification of payment. A payment gateway securely validates your customer's payment
details, ensures the availability of funds and transaction limit, and eventually assists you in receiving payment.
What to Consider Before Selecting The Payment Gateway
The following advice should assist you in finding the
best IPTV Payment Gateway Provider that accepts your business and satisfies your demands as you are a high-risk merchant and needs the best
high-risk merchant account:
No Hidden Cost
Make sure you are transparent with all costs. The monthly and other services
charges must be clear before signing the contract. Payment gateway providers can take the additional charges for chargeback prevention tools and similar services.
Security, Anti Fraud & Chargeback Prevention Tools
High-risk payment gateways must comply with PCI-DSS, CVV Checker, and
fraud scoring and be integrated with 3D security. High-risk accounts are more prone to fraud. Look for a merchant account provider who has cutting-edge
technology to prevent chargebacks and other fraud.
A payment gateway must be easily integrated and customized according to
a merchant's requirements. The high-risk merchant account provider should be able to provide a customized payment platform for its merchant web, app & mobile.
Multiple Payment Options
It's an essential feature a
international payment gateway must have as people have
different payment modes habits; some people use a credit card, others use a debit card, and some may like to pay from an e-wallet. People nowadays also
use cryptocurrencies extensively for online payments. So a payment gateway provider must allow its merchant to accept payment from any mode.
Round-the-clock customer support is a necessity for an IPTV business.
How PayCly is the Best Payment Gateway for the IPTV industry?
There are hundreds of payment gateway providers, but
PayCly is what you all need. A complete solution to all requirements, PayCly's payment gateway provides
every essential feature that an IPTV merchant desires for its business payment page.
- PayCly's payment gateway has a comprehensive anti-fraud system that makes use of machine learning, pattern
recognition, and user profiling to help you find and stop payment fraud as quickly as possible.
- PayCly follows three-tier Chargeback Prevention Tolls: pre-transaction, post-transaction, and source
detention. Most other payment gateways do not provide this sophisticated method of chargeback prevention.
- PayCly encourages its merchants to go global as we accept funds in various currencies and modes, including
credit cards, e-wallets, and cryptocurrency.
- PayCly provides you fastest payment processing for low and high tickets and supports unlimited transactions.
- PayCly provides its IPTV merchants Recurring Billing System for automatic monthly collection as it's a
- PayCly's payment gateway is packed with multi-lingual support on your payment page so that it feels userfriendly
to a customer. We integrate our payment gateway with your app or website's language. e.g., if your website is in English, the payment page will also be
in English. If you are providing your services in another nation, your payment page will be in that nation's language so that a customer can feel trust
in you and give you repeated business.
- For PayCly, the customer is everything. We give our clients the utmost priority. Our primary goal is to
satisfy consumers since they are more likely to provide us with future business when pleased. We are here to help them whenever they need us.
On a Final Note
We've seen almost every aspect of the IPTV industry. From the basic understanding
of IPTV, we have seen the difference between traditional TV and IPTV. Also, we have learned the customer proclivity towards the IPTV, the market size,
what to check before selecting the payment gateway, and PayCly's advancement over its competitors.
The market of the IPTV industry is growing at a notable rate, and people
are choosing IPTV over cable TV nowadays. The IPTV business has enormous potential to grow. As we discussed, this industry is considered high-risk;
without a high-risk payment gateway, a merchant can not
securely accept payment from its clients. PayCly is the best in the high-risk IPTV payment gateway,
and we will ensure you the best services worldwide. Just connect with PayCly.
We wish you luck.
Frequently Asked Questions (FAQs)
What is the Difference Between OTT and IPTV?
Over the Top (OTT) does the video streaming over a publicly accessible
Internet connection through an unmanaged network. In comparison, Based on the Internet protocol, IPTV (Internet Protocol TV) distributes visual and
audio material to the computers connected to the network through managed or dedicated networks.
The content type of OTT is not primarily premium, whereas the IPTV content
type is mainly premium.
Mostly live streaming and Video on Demand are only supported by IPTV.
In terms of advertisement, IPTV facilitates user-specific advertisement,
whereas OTT allows only a single broadcast advertisement to all.
How Can a Merchant Start its IPTV Business?
Nothing to worry about if you are looking to start your IPTV business.
Contact your nearby telecom service provider for the lease line, and obtain a license for TV streaming. For Payment and Invoiceinig solutions, PayCly
is available for you round the clock. We will assist you to the greatest extent.
What is PCI DSS?
The Payment Card Industry Security Standards Council (PCI SSC), an
independent body founded by Visa, MasterCard, American Express, Discover, and JCB, is responsible for regulating and managing the Payment Card
Industry Data Security Standard (PCI DSS), a set of guidelines. Firms that receive, store, or send credit card data must comply with PCI DSS to
protect customer card information.
Does PayCly Provide White-Label Payment Gateways?
Yes, PayCly offers its clients a white-label payment gateway. The white
label payment gateway
provides a customized, high-tech, integrated, and manageable payment gateway specially made for your requirements. Your brand name will be displayed and
promoted entirely over the payment gateway. The white-label payment gateway is more customized as it has the merchant's name and logo over the payment page.
What Should Be the Fee Structure?
The prices change according to the service you are choosing. Price is an
issue that must be counted against service quality in every business collaboration. The pricing is a significant consideration while selecting the ideal
gateway. Various gateways may have different pricing schemes. They may include monthly fees, fixed fees per transaction, variable fees depending on the
value of the transaction, and additional fees for things like chargebacks, foreign payments, and currency conversions.