Instant pay-out card set for Europe

Instant pay-out card set for Europe

Wednesday, March 23, 2016 Totally Gaming
Emerchants will work alongside Paysafe

A new white-label pay-out card solution for European gaming operators has been launched by Australian prepaid payment specialist Emerchants and Paysafe Group.

Emerchants, which already counts operators in Australia such as Ladbrokes, William Hill and Sportsbet among its clients, will now offer gaming firms 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. 

Using Paysafe’s issuing capabilities, the card can be used in-store, online, or to withdraw money at ATMs. The companies said that consumers will be able to use the card to re-bet instantly by moving funds back to their gaming account in real time.

“A quicker, easier pay-out experience increases consumer engagement which in turn boosts customer loyalty and retention,” said Stuart Green, managing director of Emerchants Europe. “We are therefore delighted to be working with Paysafe as the leading payments provider in the gaming space.”

Paysafe, whose brands include Neteller and Paysafecard, is a principal member of MasterCard and is authorised by the UK Financial Conduct Authority to issue e-money in the European Economic Area (EEA) region.

Andrea Dunlop, chief executive 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.”

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