Paysafe Partners with GiG to Enhance Payments in iGaming
Paysafe (NYSE: PSFE), a leading global payments platform, has entered into a significant partnership with Gaming Innovation Group, commonly referred to as GiG. This strategic collaboration aims to empower iGaming operators across various regions, including Europe and North America, by implementing advanced payment solutions.
Overview of the Partnership
Through this partnership, Paysafe becomes the officially endorsed payments platform for GiG. This means that all operators using GiG’s AI-driven CoreX solution will now harness Paysafe’s robust payment capabilities. CoreX, which was launched in January, allows for advanced player account management, facilitating a seamless experience for both operators and players.
Benefits for iGaming Operators
The CoreX platform's design ensures operators can localize their offerings in compliance with different market regulations. By utilizing Paysafe’s payment gateway, they can benefit from efficient processing solutions tailored to the needs of diverse markets.
CoreX AI-Driven Capabilities
GiG’s CoreX platform simplifies payment management, enabling operators to easily adapt to varying player preferences and operational requirements. This strategic integration allows for an effective setup that supports a variety of payment methods and optimized transaction processes.
Seamless Payment Integration
The integration of Paysafe's technology provides GiG operators with an impressive suite of local payment methods, including popular options like Skrill, NETELLER, and paysafecard. This variety enhances the user experience, appealing to players in multiple regions, whether in the UK or emerging markets in South America.
Executive Insights
Zak Cutler, President of Global Gaming at Paysafe, expressed excitement about this partnership: "Partnering with one of the industry's true innovators in GiG allows us to provide operators with the flexibility they need in today's complex iGaming landscape. We are committed to offering tools that help drive their success in new markets."
Commitment to Growth
James Coxon, Chief Operating Officer at GiG, echoed this sentiment, highlighting how the partnership enhances their service offerings. He stated that with Paysafe’s extensive payment capabilities, they can provide tailored solutions that cater to the pressing needs of their operators, ensuring they remain competitive in a rapidly evolving industry.
Upcoming Events
Paysafe will be present at the Global Gaming Expo in Las Vegas, showcasing their innovative payment solutions that align with the latest trends in iGaming. This event will serve as a platform for demonstrating the advantages of the Paysafe-GiG partnership to industry colleagues and potential clients.
About Paysafe
Paysafe Limited (NYSE: PSFE) is a prominent payments platform serving various merchants and consumers globally. With over 25 years of online payment experience, the company prides itself on its ability to facilitate seamless transactions through a multitude of payment types. Their focus spans across payment processing, digital wallets, and integrated online cash solutions, positioning them as a leader in the financial technology sector.
About GiG Software
GiG Software has established itself as a top-tier B2B technology provider for the iGaming market. Their efforts are aimed at driving growth and profitability for partners through innovative products and services. By focusing on scalability and technological advancements, GiG aims to maintain its position as a leading platform provider in the iGaming ecosystem.
Frequently Asked Questions
What is the main goal of the Paysafe and GiG partnership?
The primary aim is to provide enhanced payment solutions to iGaming operators, allowing them to adapt to various market needs efficiently.
How will this partnership benefit iGaming operators?
Operators will gain access to a broader range of payment options and increased flexibility in managing player transactions, improving the overall player experience.
What is the CoreX platform?
CoreX is an AI-powered player account management solution from GiG that helps online casinos and sports-betting brands localize their operations effectively.
Where can we find Paysafe at industry events?
Paysafe will be exhibiting at major events such as the Global Gaming Expo, showcasing their payment solutions.
What does Paysafe’s payment suite include?
The suite includes various payment methods like Skrill, NETELLER, and paysafecard, alongside access to 30+ third-party local payment methods.
