Agency / Source: Meritus Payment Solutions | Paysafe Holdings

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Paysafe Expands U.S. Partnership with PointsBet into Michigan - Paysafe payments technology supports new Michigan sportsbook brand’s growth as deal with global operator extends into sixth U.S. state - PointsBet.com / Paysafe.com
Paysafe Expands U.S. Partnership with PointsBet into Michigan

 

PRZOOM - /newswire/ - Houston, TX, United States, 2021/03/15 - Paysafe payments technology supports new Michigan sportsbook brand’s growth as deal with global operator extends into sixth U.S. state - PointsBet.com / Paysafe.com. LSE AIM: OPAY

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B / B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Paysafe, a leading specialized payments platform, today announced the expansion of its partnership with PointsBet, the premier global sportsbook operator that recently launched its online sports-betting brand in Michigan. PointsBet, which already uses Paysafe’s payment processing services in five other regulated U.S. states, adds Michigan to the list of markets supported through the deal.

Founded in Australia, PointsBet made its U.S. debut in 2019 after receiving approval from the New Jersey Division of Gaming Enforcement (DGE) and partnering with the state’s Meadowlands Racetrack in East Rutherford. As a byproduct of PointsBet’s best-in-class technology infrastructure, the sportsbook operator offers unique features in addition to traditional fixed odds wagering, such as a spread betting model dubbed “PointsBetting”. PointsBet is currently live in six states Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey. The operator’s partnership with Paysafe extends across all these jurisdictions.

Through its latest integration with Paysafe, PointsBet allows Michigan-based customers to easily deposit funds using credit and debit cards, processed through Paysafe’s best-in-breed payment network, as well as ACH bank transfer via checking and savings accounts. Similar depositing methods are also available across the other five states in which PointsBet is active.

The deal also sees Paysafe expand its role in the U.S. iGaming space, where the provider has announced several recent partnerships and is focused on sustained growth as more states continue to regulate. Michigan is the most recent of these states, having launched its online market on January 22nd, following authorization from its Gaming Control Board, and bringing in $115.2 million in online wagers during its first 10 days, according to the regulator.

PointsBet has already cemented its leadership role in the U.S. market, becoming an official sports betting partner of all four major U.S. leagues (NFL, NBA, MLB, & NHL), in addition to groundbreaking deals with NBC Sports and Kroenke Sports and Entertainment, to highlight a few. The cutting-edge sportsbook operator also won three 2020 EGR North America Awards for Sports Betting Operator, Socially Responsible Operator and U.S. Rising Star, respectively.

Gregory Kirstein, Director of Business Development for iGaming at Paysafe, said: “With its innovative mindset and dedication to providing a high-quality sports-betting experience, PointsBet has established a frontrunner status in the rapidly expanding U.S. iGaming market. We look forward to building on an already fruitful relationship by supporting the Michigan launch through our payment processing services, which streamline the customer payments journey and drive long-term loyalty.”

About Paysafe

Paysafe Group (paysafe.com) 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 US $98 billion in 2019, and approximately 3,000 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.

About PointsBet

PointsBet (pointsbet.com) is one of the fastest growing sportsbooks in the country and is rapidly expanding its U.S. footprint, currently bringing its best-in-class proprietary technology, modernized and premium brand mentality, expert trading practices, and proven growth marketing strategies to the burgeoning sports betting markets of Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey. Originally founded in Australia, PointsBet is a cutting-edge bookmaker that prides itself on having the quickest and most user-friendly app (iOS and Android) while also providing the best content and experience for sports bettors. PointsBet is the only U.S. online bookmaker to offer PointsBetting a unique and innovative way to bet and has also introduced a slew of well-received, bettor-first initiatives, including: Good Karma Payouts, which provides bettors relief in the event of unlikely circumstances that sway the fate of the game, and Early Payouts. PointsBet offers the most markets on all four major U.S. sports (NFL, NBA, MLB, NHL) and PointsBetting in the world.

Contact: Patrick Eichner, Communications Director for PointsBet USA
T: +1 908-723-4341 - E: Patrick.Eichner[.]pointsbet.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B / B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Meritus Payment Solutions | Paysafe Holdings

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-Business B2B / B2C articles,
CATCH Visitors via Your Competitors Announcements!


Paysafe Expands U.S. Partnership with PointsBet into Michigan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
PointsBet | Paysafe Group
Contact: Nick Say - Paysafe.com 
514-452-8747 nick.say[.]paysafe.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Meritus Payment Solutions | Paysafe Holdings securities in any jurisdiction including any other companies listed or named in this release.

E-Business B2B / B2C via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Meritus Payment Solutions | Paysafe Holdings / Company Profile


Read E-Business B2B / B2C Most Recent Related Press Releases:

Paysafe Selects AWS for its Strategic Cloud Services to Drive Innovation in Digital Commerce
NCR and Google Cloud Collaborate to Accelerate Digital Transformation in Banking
SlideUpLift Launches New Enterprise Plan for Corporates
Paysafe Achieves CarbonNeutral® Certification for 2021 and 2022
Paysafe’s NETELLER Launches Knect Customer Reward Programme
Paysafe Completes Business Combination with Foley Trasimene Acquisition Corp. II
Paysafe’s Skrill Expands Crypto Offering to US with Coinbase
OnPath Federal Credit Union Partners with NCR Corporation to Enhance Digital Banking for Consumers and Businesses
Paysafe and NeoPollard Interactive Announce Canadian Collaboration in Alberta’s Regulated Online Gambling Space
Moneris First Processor in Canada Certified to Process Interac® Debit for Open Loop Transit Payments

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  BizJobs.com

Visit  RightITnow, Inc.

Visit  SlideUpLift







 
  ©2021 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today