Paysafe Powers Online Payments for Montana Lottery’s Sportsbook
October 04 2021 - 9:00AM
Business Wire
Partnership with INTRALOT Inc sees Paysafe technology provide
customers at Sports Bet Montana™ with all the ways they want to pay
when they play
Paysafe (NYSE: PSFE), a leading specialized payments platform,
today announced a new partnership with INTRALOT, a leading global
gaming solutions supplier. INTRALOT’s sports-betting platform has
integrated with Paysafe to enable the Montana government-operated
lottery to provide its online sportsbook patrons with a
comprehensive suite of traditional and alternative payment methods
via a single API.
Through one streamlined integration, Paysafe’s platform has
bolstered INTRALOT’s next-generation Orion sports-betting solution,
which powers the Montana Lottery’s digital sports-betting brand,
Sports Bet Montana. Players wagering with the brand can now make a
deposit or withdraw winnings using the platform’s Transact
interface, choosing from credit or debit card payments, processed
through Paysafe’s best-in-breed payment gateway, the Skrill
USA1 digital wallet, or ACH, among multiple other payment
methods.
Paysafe’s platform also strengthens the U.S. sportsbook’s
overall payments offering. Its Analyze and Business Portal back-end
components provide cutting-edge reporting and analytics tools to
monitor transactions and individual payment methods to ultimately
optimize payment acceptance and overall revenue.
Transactional security is embedded in the solution’s DNA. Its
Defend functionality brings the full force of Paysafe’s two
decades’ experience in gaming-specific fraud and risk to bear in
financially securing Sports Bet Montana and protecting the brand’s
data as well as that of its players.
The platform is defined by its flexibility and dynamic
structure, with Sports Bet Montana’s access to the solution
configured to meet the specific payment needs of the brand and its
players through the platform’s Configure functionality. This allows
Sports Bet Montana to seamlessly add new payment methods, including
Paysafe’s paysafecard eCash product and third-party solutions, as
the brand evolves.
Zak Cutler, CEO of the North America iGaming division at
Paysafe, said: “We’re delighted to partner with INTRALOT Inc to
bring our payment platform to the Montana Lottery’s online
sportsbook. The solution plugs Sports Bet Montana into every
payment method its customers will ever need and has a back-end
robust enough to optimize payment acceptance and safeguard the
offering. Given the relationship between high converting payment
methods and operators’ revenue growth, we feel that our platform is
a game-changer for the U.S. market.”
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Note to editors 1 The assets, liabilities, and results of
operations of Skrill USA are consolidated in Paysafe Limited’s
consolidated financial statements; however, Paysafe Limited has no
direct equity ownership in Skrill USA.
About Paysafe Limited Paysafe Limited (“Paysafe”) (NYSE:
PSFE) (PSFE.WS) is a leading specialized payments platform. Its
core purpose is to enable businesses and consumers to connect and
transact seamlessly through industry-leading capabilities in
payment processing, digital wallet, and online cash solutions. With
over 20 years of online payment experience, an annualized
transactional volume of U.S. $100 billion in 2020, and
approximately 3,400 employees located in 12+ global locations,
Paysafe connects businesses and consumers across 70 payment types
in over 40 currencies around the world. Delivered through an
integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics and the
convergence between brick-and-mortar and online payments. Further
information is available at www.paysafe.com.
About Paysafe iGaming Paysafe brings over two decades of
specialized payments experience supporting the global iGaming and
sports-betting sectors and provides operators with a comprehensive
suite of traditional and alternative payment methods through a
single, streamlined API integration. Paysafe is also a leader in
digital and affiliate marketing technology and services for iGaming
operators through its Income Access business unit.
Since the opening up of the US iGaming market in May 2018,
Paysafe has consistently stated its ambitions to be the payments
leader in the fast-growing sector, building on its leadership in
Canada and Europe. The company now supports 75% of operators in the
country with payments or marketing solutions across 16 different
states. In Canada, Paysafe also has a leading position and partners
with the majority of regulated iLottery and gaming brands.
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version on businesswire.com: https://www.businesswire.com/news/home/20211004005539/en/
Nick Say, Manager of Corporate Communications, North America T:
+1-514-452-8747 E: Nick.Say@Paysafe.com
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