SBC News Voice of the Sports Betting Industry
Betcade, the first gambling app store for Android, has announced the launch of Betcade Pay, the first mobile payments solution built and optimised for gambling customers.
The secure, fast and easy-to-integrate service is now available for integration to gambling operators, and requires the fewest steps to deposit of any solution on the market.
By Q1, Betcade Pay will begin to process UK consumers on Visa and MasterCard, which is available with and without charge-back protection and bank transfers.
It will host more than 50 global payment methods by the end of the quarter as the service launches throughout Europe, with more methods continuously being added during 2017.
David Chang, CEO of Betcade, said: “We’ve been working closely with operators and others in the industry all along to develop our product, roadmap and business model. Numerous operators are very positive on the payments component and have been asking to use the technology separately, so we have decided to make Betcade Pay available as a distinct product.
“Not only will it help facilitate payments for both operators and users, Betcade Pay will help drive higher KPIs as well as offer competitive pricing structures for operators the world over.”
Paul Dolman-Darrall, Chairman of Gamevy, added: “The industry’s been crying out for a payments facilitator like this. Not only does it support our business goals, it is easy to integrate, offers a seamless and safe payment process for customers, and enables us to offer something that no other payments facilitator in the world can.”
Already an FCA licensed payment institution in the UK, as well as PCI compliant, Betcade Pay securely stores all personal identifiable information within the EU. As a payment facilitator, payments made are immediately passed onto the operators themselves, allowing them to have full autonomy with their loyal and trusted users.
