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Events

Worldpay and Paysafe Partner to Develop New Solution for U.S. iGaming and Sports Betting Markets

Monday 26 de November 2018 / 13:01

2 minutos de lectura

(Cincinati and London).- Leading global payment technology providers Worldpay, Inc. (NYSE: WP; LSE: WPY) and Paysafe Group (Paysafe) announced today a new strategic partnership, with sights set on establishing an industry-leading standard in iGaming and Sports Betting digital payments acceptance and security in the United States (U.S.).

Worldpay and Paysafe Partner to Develop New Solution for U.S. iGaming and Sports Betting Markets

The partnership will enable seamless transactions, reduce operating costs and allow universal payment acceptance, leveraging Worldpay’s deep sector expertise and optimized credit card processing, fast-fund payouts, and a range of treasury and payment solutions – alongside Paysafe’s proven online gambling and gaming digital payment options, including its popular NETELLER digital wallet and paysafecard, its award-winning online cash solution.


iGaming is in a phase of significant growth after the U.S. Supreme Court put the legislative power to authorize sports gambling in the hands of states earlier this year. The potential market opportunity for iGaming in the U.S. is massive. According to the American Gaming Association the sports betting market in the U.S. is forecast to be worth $150 billion in gross online and offline gaming revenue and could become the largest sports betting market in the world.1


"Through this partnership, Worldpay and Paysafe will be able to champion the needs of U.S. iGaming operators and their players by providing a secure, cost-effective and highly configurable payments platform that delivers an unparalleled player experience,” said Joel Leonoff, President and CEO at Paysafe Group. “Our innovative approach means we can support all transactions, no matter how the player wants to pay. We’re very excited to once again get behind a new and growing sector.”


Combining Paysafe’s and Worldpay’s capabilities in the Gaming sector will ultimately help to boost the player’s payment choices leading to better conversion and retention. Through the creation of this breakthrough solution, the two leaders will provide seamless connectivity, via a single point of integration, to wide-ranging payments solutions and services such as credit card processing, digital wallets, cash payment solutions, ACH and near instant push-to-card payouts tailored for the U.S. market.


“As a leading payments provider for iGaming companies, state lotteries and land-based casinos, Worldpay is excited about the enhancements this partnership will bring when it comes to maximizing payment acceptance, enabling new digital wallets, as well as minimizing fraud risk and lowering cost,” said Shane Happach, EVP, Head of Global Enterprise eCommerce  for Worldpay. "Our combined strengths and capabilities will simplify payments for gaming operators, while also continuing to show our attentiveness to responsible gaming and our mission to protect the integrity of every transaction.”  

Categoría:Events

Tags: Worldpay, Paysafe,

País: United States

Event

ICE London 2024

06 de February 2024

CT Gaming celebrates its 25th anniversary and at ICE London 2024 presented products that best represent its essence of innovation and legacy

(London, SoloAzar Exclusive).- Georgi Koprinarov, General Director at CT Gaming for LaTam, made an optimist balance of the company’s performance at ICE London for the interview with SoloAzar and he said: “We are happy to say goodbye to London on such a positive note! Receiving the award for overall contribution in the last 25 years has been just part of the successes for this year’s edition of the expo”.

Tuesday 27 Feb 2024 / 12:00

Interblock celebrates successful showcase of state-of-the-art ETG Products at ICE London

(London).- Interblock®, the global gaming developer specializing in luxury electronic table gaming (ETG) products, celebrated a successful showcase of its latest products and technology at this year’s ICE London Expo earlier this month. 

Tuesday 27 Feb 2024 / 12:00

“Uplatform is intensifying its focus on research and development:” Maria Bashkevich, firm’s Head of Marketing

(London, SoloAzar Exclusive).- In an interview with SoloAzar, Maria Bashkevich, Uplatform Head of Marketing, described her experience at the last ICE London. She also talked about the new trends for the games of chance industry and future plans of the company, among other subjects.

Monday 26 Feb 2024 / 12:00

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