Worldpay and Paysafe unite to service growing US gambling industry
- By: Staff Writer
- December 4, 2018
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GLOBAL payment tech providers, Worldpay and Paysafe have announced an alliance that will see US bookmakers and punters receive world-class security and universal payment access.
The move is the latest in a long line of companies looking to move in on the growing US gambling industry.
In a statement to celebrate the move this week, Joel Leonoff, President and CEO at Paysafe Group said the two companies would utilise their experience and strengths to provide Americans with the best online service.
“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,” Leonoff said.
“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.”
The Head of Global enterprise eCommerce of Worldpay, Shane Happach, was excited about the potential of the partnership.
“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.”
As has been reported at length at BettingPlanet, the American online gambling industry is going through its gold rush era.
Following the US Supreme Court’s decision to dismantle PASPA in May, legislative power to authorize sports betting was placed in the hands of individual states — and many have jumped at the opportunity.
Rhode Island is the latest state to launch legalized sports betting. The state began taking bets at the Twin River Casino in Lincoln last week.
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