Paysafe Group has partnered with Emerchants Ltd to deliver white-labelled pay-out card solutions to gaming operators across Europe.
Emerchants, which counts gaming operators in Australia such as Ladbrokes, William Hill and Sportsbet among its clients, offers an innovative prepaid payment technology platform with processing and programme management services.
Paysafe is a Principal Member of MasterCard® and authorised by the UK Financial Conduct Authority to issue e-money in the European Economic Area (EEA) region.
Using Paysafe’s issuing capabilities, Emerchants Europe will be able to offer gaming operators in Europe a branded pay-out card that allows consumers to access their online betting winnings instantly, removing the need for them to wait three or more days.
The card can be used in-store, online, or to withdraw money at ATM’s. Consumers will be able to use the card to re-bet instantly by moving funds back to their gaming account in real time.
Stuart Green, Managing Director of Emerchants Europe, commented: “A quicker, easier pay-out experience increases consumer engagement which in turn boosts customer loyalty and retention. We are therefore delighted to be working with Paysafe as the leading payments provider in the gaming space.”
Andrea Dunlop, CEO of Card Solutions and Acquiring at Paysafe, added: “Emerchants has strong credentials and extensive experience of managing gaming programmes. The combination of our technology creates an incredibly powerful offer for gaming operators.”