Paysafe and GiG Partner to Revolutionize iGaming Pay Solutions

Paysafe and Gaming Innovation Group (GiG) join forces to provide seamless, market-specific payment solutions for iGaming operators. This strategic partnership will empower operators to localize their payment offerings, enhancing player experience in regulated markets. Paysafe’s comprehensive payment suite offers flexibility and security, giving operators a competitive edge in the fast-growing iGaming sector. Discover how this partnership aims to reshape payment experiences in the global iGaming market.

Paysafe and GiG Forge a Groundbreaking Partnership to Enhance iGaming Payment Solutions

Paysafe, a leading global payments provider, has announced a strategic partnership with Gaming Innovation Group (GiG) to enhance payment solutions for iGaming operators worldwide. This collaboration positions Paysafe as the endorsed payments platform for operators utilizing GiG’s innovative CoreX solution, expanding across key markets in the UK, continental Europe, North America, and Latin America.

Launched by GiG in January, CoreX is an advanced AI-driven player account management (PAM) platform that provides online casino and sports betting brands with unparalleled flexibility. It allows operators to localize their offerings according to the unique requirements of any regulated jurisdiction. By integrating Paysafe’s sophisticated payment gateway into CoreX, the partnership aims to elevate the gaming experience by offering seamless, market-specific payment methods that cater to both operator and player preferences.

Paysafe’s Payment Gateway: More Than Just Transactions

Operators who choose GiG’s CoreX solution will now have access to the Paysafe Gateway, a comprehensive platform that streamlines various payment methods. This includes facilitating debit and credit card transactions, and integrating Paysafe’s suite of local payment methods (LPMs). Notably, Paysafe’s diverse payment portfolio features digital wallets like Skrill and Neteller, as well as eCash solutions such as Paysafecard and Paysafecash.

Additionally, the gateway provides access to over 30 third-party LPMs, accommodating market-specific preferences to enhance the user experience. This extensive range of options allows operators to offer secure, flexible, and localized payment solutions, making it easier for players to transact confidently in any given market.

Driving Growth and Enhancing Player Experiences

This partnership aligns perfectly with the evolving demands of the global iGaming industry. With more jurisdictions moving towards regulation, operators require nimble and adaptable payment solutions to meet the challenges of different markets. Zak Cutler, President of Global Gaming at Paysafe, emphasized the significance of this collaboration, stating:

“We’re delighted to partner with Gaming Innovation Group, one of the industry’s true innovators in player account management platforms. The increasingly complex global iGaming space necessitates solutions that allow operators to adapt seamlessly to each unique market while remaining nimble. Together, we will provide our mutual operator partners with a competitive edge to support their growth in new and existing markets.”

This partnership not only supports the operational flexibility of gaming brands but also aims to enhance the overall player experience. By offering a variety of secure payment options, operators can attract a broader audience and facilitate smoother transactions, thus fostering customer loyalty and retention.

GiG’s Commitment to Secure and Flexible Payments

James Coxon, Chief Operating Officer at GiG, also expressed his enthusiasm for the partnership with Paysafe. He emphasized that the collaboration aligns with GiG’s vision of delivering seamless, flexible, and secure payment solutions to its operator partners:

“Partnering with Paysafe marks another important step forward in ensuring that our operators have access to the most seamless, flexible, and secure payment solutions. Paysafe’s extensive payment capabilities provide the reliability and adaptability that align with our vision of delivering opportunities for growth. Together, we are equipping operators with the tools they need to succeed in an ever-changing market landscape.”

A Broader Impact on the iGaming Industry

This strategic partnership between Paysafe and GiG signifies more than just a technological integration; it represents a holistic approach to managing iGaming transactions. In an industry where regulatory compliance, security, and user experience are paramount, offering localized and versatile payment methods is key to success.

In related news, Revolut recently introduced cash deposit services for its UK user base, a move that is being implemented in partnership with Paysafe. This illustrates Paysafe’s growing footprint in the global payments space and its commitment to innovating payment solutions for various sectors, including iGaming.

A New Era for iGaming Payments

The partnership between Paysafe and GiG marks a significant advancement in the iGaming payment landscape. By leveraging Paysafe’s comprehensive suite of payment solutions and GiG’s state-of-the-art CoreX platform, operators can now offer tailored, secure, and efficient payment methods to players across multiple regulated markets. This collaboration is set to redefine payment experiences, giving operators the competitive edge they need to thrive in the fast-evolving world of online gaming and sports betting. As the industry continues to expand, partnerships like this will be instrumental in driving growth, compliance, and player satisfaction on a global scale.