P
aysafe has signed a new partnership with INTRALOT to power online payments for Montana Lottery’s sportsbook, the company announced on Monday.
The payments platform is set to integrate to the supplier’s sports-betting platform, chosen by the Montana government-operated lottery. Its online sportsbook patrons at Sports Bet Montana will now be able to access a comprehensive suite of traditional and alternative payment methods via a single API, describes an official press release.
Through one streamlined integration, Paysafe’s platform has bolstered INTRALOT’s Orion sports-betting solution. Players can now make a deposit or withdraw winnings using the platform’s Transact interface, choosing from credit or debit card payments processed through Paysafe’s payment gateway, the Skrill USA digital wallet, or ACH, among other methods.
Paysafe’s platform also aims at strengthening the U.S. sportsbook’s overall payments offering, says the company. Its Analyze and Business Portal back-end components provide reporting and analytics tools to monitor transactions and individual payment methods “to ultimately optimize payment acceptance and overall revenue.”
“We’re delighted to partner with INTRALOT Inc to bring our payment platform to the Montana Lottery’s online sportsbook,” said Zak Cutler, CEO of the North America iGaming division at Paysafe. “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.”
The solution is also set to provide transactional security through its Defend functionality, which applies gaming-specific measures against fraud, thus financially securing Sports Bet Montana and protecting both the brand and player data.
Paysafe’s platform is defined by its flexibility and dynamic structure, says the company. In consequence, the solution has been configured to meet the specific payment needs of the Sports Bet Montana brand and its players through the platform’s Configure functionality. This allows the online sportsbook to seamlessly add new payment methods, including Paysafe’s paysafecard eCash product as well as third-party solutions, as the brand evolves.
“Given the relationship between high converting payment methods and operators’ revenue growth, we feel that our platform is a game-changer for the U.S. market,” further said Cutler.
