PayNearMe company update

June 11, 2024

Announcing new partnerships, talking social & sweeps casinos, and more.

PayNearMe Partners with Trustly 

With the integration of Trustly, PayNearMe’s online betting clients can accept guaranteed ACH deposits and instantly transfer winnings into player bank accounts. 

Entering the Social & Sweeps Casino Space? 

5 Things Operators Should Consider 

It's no secret that the social gaming and sweepstakes casino space is heating up. But what should operators consider when making moves to enter the competitive arena? 

As the online betting world continues its rapid expansion, we’re watching a booming new digital gaming vertical—social and sweepstakes casinos—begin to appeal to more and more operators. The reason isn’t difficult to see: the low-stakes, fun and colorful games are attractive to players who are new to online gaming, and the unregulated market is attractive to operators who may also be new to online gaming.  

This means there are a lot of operators reaching for a piece of that pie, and they’re doing it as quickly as possible. But how big will the pie get? How many flavors of pie will there be? Will all the pie get eaten before it goes bad? (These are pie metaphors for asking how long player demand will increase, how many different varieties of sweeps games will emerge, and—most importantly—will the sweepstakes market become regulated, making it more difficult to join.)  

PayNearMe can’t answer every one of these questions, but we can help with another: what should operators be considering before starting a social or sweeps casino, or expanding their current online gaming business into that space?...

SBC North America a Success for PayNearMe 

We're thrilled to say that SBC North America 2024 was a fantastic conference for the PayNearMe team! Thank you to all who supported us by visiting our booth, attending our speaking sessions, or coming to one of our sponsored events. We held dozens of valuable meetings with clients to hear all of their current pains or successes when it comes to gaming payments, and we look forward to using the feedback to continue innovating our platform.  

We'll see everyone again in October at G2E! 


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