Tipico selects PayNearMe to elevate player payments

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PayNearMe has partnered with sports betting brand Tipico to provide the operator with combined consolidated disparate deposits and withdrawals.

Tipico will use PayNearMe’s ‘MoneyLine’ solution as a single platform to onboard its ACH, PayPal and Venmo integrations, streamlining its operations, reducing the expense as well as upgrading customer choice. 

Adrian Vella, CEO of Tipico, commented: “As our sportsbook expands and the market evolves, we need a scalable payments platform that allows us to deliver the seamless experience that our customers deserve.

“The Moneyline platform was the obvious answer. The flexibility of the platform made it easy to integrate with our custom-built Player Account Management System. Through this partnership, we can future-proof the deposit and withdrawal experience by quickly and easily offering new tender types as they become available. With the single integration, we can significantly reduce the burden on our technical resources.”

Furthermore, Tipico will also utilise PayNearMe’s data-fed dashboard so that it can gain a greater visibility into the patent journey in order to improve on the player experience. 

Leighton Webb, Vice President and General Manager of iGaming and Sports Betting, PayNearMe, added: “PayNearMe is thrilled to partner with Tipico to offer their players a full suite of deposit and payout options.

“Our MoneyLine platform is built from the ground up to service two complex and highly regulated industries—real-money gaming and payments. As a fintech company that understands the complexities of both markets, PayNearMe is well-equipped to tackle the unique challenges operators face as they enter new markets and seek to streamline operations, improve margins and increase customer loyalty and acquisition.”