Tipico expands payment options onto a single platform with PayNearMe

October 17, 2023
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PayNearMe has partnered with Tipico to offer a variety of deposit and payout options.

The payments platform PayNearMe has been chosen by operator Tipico to help consolidate its deposit and withdrawal solutions.

Tipico has added cash and Cardless Cash at ATM, and switched its ACH, PayPal and Venmo to PayNearMe, meaning it can offer more payment options for both deposits and withdrawals.

It will also be able to use PayNearMe’s data-driven insights dashboard to help the company better understand the payment journey of its customers.

Tipico CEO Adrian Vella underlined the value of the partnership.

“The Moneyline platform was the obvious answer. The flexibility of the platform made it easy to integrate with our custom-built Player Account Management System.

"Through this partnership, we can future-proof the deposit and withdrawal experience by quickly and easily offering new tender types as they become available. With the single integration, we can significantly reduce the burden on our technical resources.”

Meanwhile, Leighton Webb, Vice President and General Manager of iGaming and Sports Betting, PayNearMe, added:

“Our MoneyLine platform is built from the ground up to service two complex and highly regulated industries — real-money gaming and payments.

"As a fintech company that understands the complexities of both markets, PayNearMe is well-equipped to tackle the unique challenges operators face as they enter new markets and seek to streamline operations, improve margins and increase customer loyalty and acquisition.”

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