Paysafe and Playtech Secure Payments Partnership

Paysafe, a top-tier payments platform, has sealed a partnership with Playtech, one of the most influential gambling tech companies. The new deal represents the expansion of an existing deal between the two companies into the United Kingdom and Europe from the US, where Playtech provides the payment platform’s top payment products to iGaming customers via its tech platform.

Thanks to a single, global integration with Paysafe’s API, brands in the UK and Europe will be able to use its new partner’s iGaming PAM, Information Management Solution (IMS) to get access to payment methods, including payment and card processing, as well as a digital wallet. This will enhance consumer choice by providing customers with different payment options.

The partnership expansion comes hot on the heels of the brands’ promising US integration with betPARX®. Paysafe has supplied the gaming operator’s classic and alternative payment products for Play Gun Lake in Michigan and the sportsbook app for PA and New Jersey.

Commenting on the new title, Paulette Rowe, CEO of Integrated and Ecommerce Solutions at Paysafe said:

“Playtech is an exciting global gaming brand committed to offering its operators a frictionless payments experience. We’ve seen great success in the roll-out of our collaboration across multiple US state markets and are delighted to be extending this into the UK and Europe via the same, single technology integration. 

Bringing together our respective capabilities and deep expertise and understanding of the international iGaming, technology, and payments industries represents an incredibly powerful combination, and I am looking forward to helping the Playtech team grow their business further in new European markets.”

Chief Operating Officer at Playtech, Shimon Akad says that offering its iGaming partners top technologies that provide a seamless and engaging experience to their customers is central to their strategy at Playtech. Payments are important for delivering the ultimate player experience and require an experienced team with deep expertise, which is where Paysafe comes as the perfect partner. They are happy with the progress of the relationship in the US and excited about what they have achieved together in the UK and Europe.

About

Launched in 1999 and listed on the Main Market of the London Stock Exchange, Playtech is a world-leading gambling tech provider industry with more than 6,400 workers in 24 countries. It is also the top provider of software and services to online, retail, and mobile brands, land-based groups, lotteries, and new brands entering the most regulated markets. It offers casino, live casino, bingo, poker, and sports betting products.

Source: “Paysafe and Playtech form global payments partnership”. European Gaming. May 10, 2022.