Paysafe Expands betPARX® Partnership Into Pennsylvania and New Jersey
April 07 2022 - 4:00AM
Business Wire
betPARX apps plug into Paysafe for multiple
traditional and alternative payment methods
Paysafe (NYSE: PSFE), a leading specialized payments platform,
has expanded its partnership with betPARX®, a
Pennsylvania-based gaming company owned by Greenwood Gaming and
Entertainment, Inc. Building on Paysafe’s payments support for the
Play Gun Lake brand in Michigan that is powered by betPARX, Paysafe
will now also provide payments for the betPARX mobile apps for
Pennsylvania and New Jersey.
Through Paysafe’s integration with betPARX technology partner
Playtech’s iGaming PAM Information Management Solution (IMS)
platform, users in both Pennsylvania and New Jersey can make
streamlined deposits to fund their betPARX accounts with their
credit or debit card. All transactions will be processed seamlessly
through Paysafe’s best-in-breed payment gateway.
betPARX users can also fund their wagers using Paysafe’s
alternative payment solutions. These include the Skrill USA digital
wallet, which was upgraded in Q4 with new functionality for instant
funding of deposits, plus Paysafe’s Paysafecash and paysafecard
eCash solutions.
Paysafe will also enable betPARX users to cash-out winnings.
Payouts can be transferred directly into players’ Skrill USA
accounts, with funds accessible in real time or through their bank
accounts.
Zak Cutler, CEO of North America iGaming at Paysafe, said:
“We’re delighted to extend our partnership with betPARX into two
major states in the U.S. iGaming space – New Jersey, the
cornerstone of the whole market since 2013, and Pennsylvania. We
look forward to facilitating payments for betPARX and its players
in both states to strengthen the two brands’ customer conversions
and retention.”
Matthew Cullen, Senior Vice President of Interactive at betPARX,
commented: “We are proud to extend betPARX’s partnership with an
industry-leading payment technology provider. We constantly look
for features that will round-out our service to users and make
betPARX the simplest and fastest app, and Paysafe delivers easy and
user-friendly deposit and cash-out options.”
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 over U.S.
$120 billion in 2021, and approximately 3,500 employees located in
10+ countries, Paysafe connects businesses and consumers across 100
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 U.S. 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. As of April 7th, 2022, the company supports 75%
of operators in the country with payments or marketing solutions
across 21 jurisdictions. In Canada, Paysafe also has a leading
position and partners with the majority of regulated iLottery and
gaming brands.
About betPARX®
betPARX® is a wholly owned subsidiary of Greenwood Gaming &
Entertainment and features retail sports betting with a 7,500
square foot world-class sportsbook at Parx Casino. betPARX operates
best in class iGaming and online/mobile sports betting products in
Pennsylvania, New Jersey, Michigan and soon to launch in Ohio. For
more information on betPARX®, visit www.betparx.com.
About Parx Casino®
Parx Casino® is owned and operated by Greenwood Racing, Inc. and
is the #1 revenue generating casino property in Pennsylvania. Parx
Casino® is conveniently located 20 minutes north of center city
Philadelphia, I-95 exit 37 or PA Turnpike exit 351 (westbound),
exit 352 (eastbound) on Street Road in Bensalem Bucks County. Parx
features over 200,000 square feet of gaming; 3,270 slot machines
and 124 live table games; 48 poker tables in custom built private
room; live racing & simulcast action; Xcite Center, 1,500 seat
live entertainment venue; 360 a sleek bar and lounge; Liberty Bell
Gastropub, farm-to-fork inspired menu; Parxgrill, an upscale
signature restaurant; Foodies quick service dining; Chickie's &
Pete's Crab House and SportsBar; Jax sports bar; Circle Bar; Bambu;
Xlounge, luxury casino lounge; a massive year-round Beer Garden and
complimentary parking for over 5,000 cars. In 2019, Parx Casino®
launched sports betting with a $10M world-class sportsbook. Also in
2019, Parx launched online gaming and online sports betting. For
more information on Parx Casino®, visit www.parxcasino.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220407005314/en/
Nick Say, Senior Manager, Corporate Communications, North
America, Paysafe T: +1-514-452-8747; E: Nick.Say@Paysafe.com
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