Passport Technology has linked up with Olympic Entertainment Group to launch its cash access service, CashValet, at the latter’s flagship casino.
Lauded as a “significant advancement” for the Baltic region, CashValet will be integrated at Olympic Park Casino to offer the “first quasi-cash service of its kind”.
Peeter Tamla, IT Director of Olympic Entertainment Group, stated: “We are always looking for new and innovative solutions to provide our Olympic Casino customers with the highest standard of service across all channels. With the ever-evolving landscape, there is a greater need to integrate online and land-based operations.
“The quasi-cash solution is ideal for showing our expertise in this field, making our customers’ experience comfortable and convenient and their financial transactions secure while adhering to the highest standards of security and compliance.”
Passport’s CashValet is a quasi-cash solution that offers casinos a comprehensive and efficient means of facilitating immediate transactions with maximum approval amounts for patrons and VIP guests.
The firm noted that its level of security, privacy and regulatory compliance, ensures that both employees and patrons of Olympic Park Casino can experience the latest innovative technology.
CashValet offers a range of features such as real-time reporting, dynamic fee structures, free play credits, responsible gambling features, self-exclusion options and enhanced privacy protocols.
Passport’s CashValet is a PCI-DSS level one, P2PE-certified, cloud-based solution. It is also available in multiple form factors, including the new wireless device, enabling a wide range of use cases in accordance with jurisdiction and operator requirements.
“Passport Technology continues to set the standard for product innovation and market expansion,” added Helen Bowditch, Vice President of Business Development at Passport.
“We are honoured to have the opportunity to partner with Olympic Entertainment Group and are thrilled to introduce the Baltic region to the industry’s most advanced quasi-cash service for brick-and-mortar casinos.”
The partnership with Olympic Entertainment Group will also allow Passport Technology to expand its reach in the market and offer its payment technology solutions to a broader audience.