Paysafe, a specialised payments platform, has announced a new global partnership with Playtech, the gambling technology company.
The new agreement represents the extension of an existing partnership between the two companies into the UK and Europe from the US, where Playtech offers Paysafe’s leading payment solutions to igaming operator customers through its technology platform.
Through a single, global streamlined integration with Paysafe’s API, operators in the UK and Europe will now also be able to leverage Playtech’s iGaming PAM, Information Management Solution platform to access a range of Paysafe’s payment solutions, starting with payment acquiring and card processing, with Paysafe’s digital wallet services set to follow.
The integration helps to maximise consumer choice by providing players with all the ways they want to pay when betting online. The partnership extension follows Paysafe and Playtech’s successful US integration with betPARX.
Paysafe has powered the gaming operator’s traditional and alternative payment solutions for its igaming brand Play Gun Lake in Michigan since Q2 2021 and, from Q1 2022, for its betPARX iGaming and sportsbook app for both Pennsylvania and New Jersey.
Both founded in the late 1990s, Paysafe and Playtech bring together a combined 40-plus years of industry experience and a deep understanding of igaming regulation across audiences and markets.
With a technology-focused heritage, the two companies are focused on driving new innovations which offer the ultimate player experience and are designed to support the growth of partner businesses.
