Specialized payments platform Paysafe has forged a new partnership this week with global gaming solutions provider INTRALOT.
Under the terms of the deal, INTRALOT’s sports-betting platform has integrated with Paysafe to enable the Montana government-operated lottery to provide its online sportsbook patrons with a suite of traditional and alternative payment methods via a single API.
Using one streamlined integration, Paysafe’s platform will be used to bolster INTRALOT’s next-generation Orion sports-betting solution, which powers the Montana Lottery’s digital sports-betting brand, Sports Bet Montana.
Players wagering with the brand can now make a deposit or withdraw winnings using the platform’s Transact interface. They can select from from credit or debit card options, processed through Paysafe’s payment gateway, the Skrill USA digital wallet, or ACH, among multiple other payment methods.
According to Paysafe, its platform will also strengthen the US sportsbook’s overall payments offering. Its Analyze and Business Portal back-end components provide reporting and analytics tools to monitor transactions and individual payment methods to optimize payment acceptance and overall revenue.
Zak Cutler, CEO of the North America iGaming division at Paysafe, said: “We’re delighted to partner with INTRALOT Inc to bring our payment platform to the Montana Lottery’s online sportsbook.
The solution plugs Sports Bet Montana into every payment method its customers will ever need and has a back-end robust enough to optimize payment acceptance and safeguard the offering. Given the relationship between high converting payment methods and operators’ revenue growth, we feel that our platform is a game-changer for the US market.”