Paysafe commences first phase of US roll-out alongside Betr

Paysafe has begun the first phase of a roll-out alongside Betr in Ohio and Massachusetts, with wider ambitions stipulated by the pair in what it is hoped will form a multi-state agreement.

This initial stage will see the payments platform enable Betr customers to seamlessly fund micro-bets and traditional wagers across the aforementioned states.

Paysafe, currently live in 25 other states of jurisdictions, as well as alongside “multiple operators” in Ohio and Massachusetts, noted that the alliance will be expanded upon Betr extending its US reach.

Last month, Betr raised an additional $35m via an investor funding round that gave the company a valuation of $300m.

The group, which holds plans to launch in Virginia and holds Indiana market access, also disclosed plans to launch into two additional real-money gaming verticals.

“We are excited to announce our partnership with Paysafe and are looking forward to working with them as we continue scaling the Betr business,” said Joey Levy, Founder and CEO at Betr.

“They are reliable, experienced, and share our perspective that we are just scratching the surface of product innovation in the regulated real-money gaming industry.”

This agreement will see players securely deposit into their account using their debit card, with all transactions processed in seconds by the Paysafe payment gateway.

Betr’s connectivity to the group’s platform will also allow the operator to access a range of alternative payment methods, including its digital wallet and eCash solutions,” explained Zak Cutler, President of Global Gaming at Paysafe.

“We’re proud to partner with Betr, which shares Paysafe’s own dedication to product innovation and driving the broader evolution of the US sports betting space. 

“We look forward to supporting the growth of Betr in Ohio and Massachusetts as well as future states by providing the operator and its customers on-the-go with an unparalleled payment experience that befits the impressive UX of the Betr app.”