The Nuvei Corporation has partnered with the Betsson Group to power the company's US online sportsbook launching under the brand name Betsafe. Nuvei will provide the sportsbook with instant deposits and withdrawals.
Nuvei's Instant Bank Transfer product will enable players on the Betsafe platform to instantly deposit into their gaming accounts directly from their bank account. The instant withdrawals will allow players to receive winnings straight into their accounts in real-time, 24/7.
Through the same platform, players can deposit or request payouts via a ‘single click’ payment method provided by Nuvei. Players can take advantage of this feature after their first transaction is completed.
This partnership marks another company that has chosen Nuvei to power the payment platform for its online sports betting platform. Other notable North American partners are DraftKings, FanDuel and BetMGM.
Marina Bogard, Betsson’s Managing Director for the US said: "We’re committed to offering our players the best gaming experience in the market and payments plays a critical role in delivering that vision."
She continued: "Integrating Nuvei Instant Bank Transfer into our checkout not only gives our players more choice as to their preferred deposit method, it also enables them to request payouts in real-time which we know they demand."
Nuvei provides 150 currencies and more than 550 alternate payment methods, including cryptocurrencies.
Philip Fayer, Nuvei’s Chair and CEO, stated: "Betsson has a global reputation as a leader in the gaming industry, which is why we are excited to be supporting them as they grow their presence following a successful launch in the US market."
He went on to say: "Instant, convenient, deposits and real-time payouts are absolutely essential to meet US players’ demands of their sports betting platforms. This is why Nuvei continues to be the market leader for payments in North American iGaming."