Global payment providers Worldpay and Paysafe Group have joined forces, as the organisations set their sights on establishing “an industry-leading standard in igaming and sports betting digital payments acceptance and security in the United States”.
As a result of the new partnership, Worldpay’s optimised credit card processing, fast-fund payouts and a range of treasury and payment solutions are to be leveraged, allowing seamless transactions, reduced operating costs and universal payment acceptance.
This is to be alongside the Paysafe online gambling and gaming digital payment options, including its Neteller digital wallet and paysafecard online cash solution.
Joel Leonoff, president and CEO at Paysafe Group, commented: “Through this partnership, Worldpay and Paysafe will be able to champion the needs of US igaming operators and their players by providing a secure, cost-effective and highly configurable payments platform, that delivers an unparalleled player experience.
“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.”
Via the combination both party’s aim to boost payment choices of players, ultimately leading to better conversion and retention, with the US tailored solution to deliver “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”.
“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 maximising payment acceptance, enabling new digital wallets, as well as minimising 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.”