New partnership will see launch of pay-out card for instant winnings collection
London, 23 March, 2016 — Paysafe Group, a leading global provider of payment solutions, has partnered with Emerchants Ltd, a leading provider of prepaid payment technology and solutions, 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 ATMs. 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, comments: “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.”
Emerchants Europe is a wholly owned subsidiary of Emerchants Limited (ASX:EML) and is a payment solutions company and card processor in the financial services industry. Emerchants Europe provides its clients with innovative prepaid card solutions for reloadable and non-reloadable prepaid MasterCard programmes. The vision of Emerchants is to transform the commercial payment solutions landscape by inspiring companies to demand more control, more transparency and more flexibility over their money, and to deliver stakeholders sustainable financial success.
Paysafe provides digital payments and transaction-related solutions to businesses and consumers around the world. Paysafe makes transactions easy by enabling fast, convenient and secure ways to pay-before, pay-now and pay-later through its digital wallets, prepaid card, payment processing and card issuing & acquiring products and services. We believe that every point of every payment should be relevant, simple and safe. With nearly two decades of experience, Paysafe is trusted by merchants, and by consumers in more than 200 countries and territories, to move and manage money via more than 100 payment types and 40 currencies. Paysafe offers multi-platform products with an emphasis on emerging payment technologies including mobile. Paysafe’s brand portfolio includes NETELLER® and Skrill®, paysafecard®, payolution® and FANS Entertainment. Paysafe Group plc shares trade on the London Stock Exchange under the symbol (PAYS.L). For more information, visit: www.paysafe.com.
For further information, contact:
Paysafe Group plc
Gavin Haycock, SVP Corporate Communications
+44 (0) 20 3826 9767 / email@example.com
Tavistock (Financial PR)
Simon Hudson / Simon Fluendy / Andrew Dunn
+44 (0) 20 7920 3150 / firstname.lastname@example.org