Playtech and Paysafe announce a global agreement that represents the extension of a partnership of the two companies in the United States. In this way, Playtech will now offer Paysafe payment solutions to iGaming operator customers in the UK and the rest of Europe, through its technology platform.
As reported by Paysafe, 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 (IMS) 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 maximize consumer choice by providing players with all the ways they want to pay when betting online.
The company also comments that 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.
On the extension of the agreement, Paulette Rowe, CEO of Integrated and Ecommerce Solutions at Paysafe, said: “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”.
While, Shimon Akad, Chief Operating Officer of Playtech, added: “Offering our iGaming partners market-leading technologies that deliver the most seamless and engaging experience to their customers is absolutely central to our strategy at Playtech. Payments plays an important role in delivering the ultimate player journey and requires an experienced team with expert knowledge, which is where Paysafe comes in as the ideal partner for us”.
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