Paysafe, a leader in integrated payment platforms, has signed a deal with Amelco, a leading provider of white-label turnkey solutions for the gambling industry. According to the agreement, Amelco will integrate Paysafe into its player account management system, providing its sportsbook clients in the US with a variety of traditional and alternative payment methods with a single interface.
This is good news for players in New Jersey; Paysafe is one of the most trusted payment processing platforms on the planet.
Beginning in 2006, Amelco began its journey of steady growth, to become a leader in the global gaming market. The company is based in London, and also has an office in Warsaw, Poland.
In 2010, the company released its first sportsbook, and in 2017, launched a white label sportsbook. Over the last two years, Amelco has quickly expanded into the U.S. regulated sports betting market; in 2018, the company received a New Jersey software supplier license. The entry into the New Jersey Market was quickly followed by entry into Pennsylvania, Colorado, Michigan, Indiana, and Tennessee.
Amelco provides the platform for FoxBet, BetStars, and the Action 24/7 sportsbook in Tennessee.
Amelco also offers two lotto products, a manual type offering 9 bet types and different combinations and outcomes, and another that is feed driven with three different bet types.
The company also offers a multi-asset trading platform for inter-dealer brokers and banking. The Amelco financial trading platform enables its customers to target specific components as well as professional services allowing bespoke customization.
To support its growing US footprint and cement its position as a leader of turnkey sportsbook solutions, Amelco will integrate Paysafe into its player accounts. The comprehensive payment technology easily facilitates deposits and withdrawals for US bettors.
Sports betting operators that use the Amelco platform will now be able to offer their users a comprehensive range of withdrawal and deposit options designed to their unique needs. The options Paysafe offers include credit or debit cards processed through its payment network, Skrill, Neteller, and eCash services such as a Paysafe debit card.
The Head of USA at Amelco, Brandon Walker, commented, “We are delighted to work with Paysafe to provide our U.S. sportsbook clients and their customers with a wide selection of integrated payment options, and the flexibility to add new payment methods. As Amelco continues its US growth, it’s important that we establish partnerships that help us meet the need for trusted turnkey solutions, which is something that Paysafe is unambiguously equipped to provide from a payments standpoint.”
Paysafe Has a Stellar Reputation
The London-based company continues to bolster its reputation, by integrating its technology into the Amelco platform; Paysafe is a trusted name in the U.S. gambling market. The deal with Amelco also highlights Paysafe’s streamlined payment services, and its role as an industry leader in account management solutions.
Paysafe offers 70 different payment types in over 40 different currencies worldwide. The company processed $98 billion in transactions in 2019 alone, and employs around 3,000 people globally.
By supporting Amelco with state-of-the-art analytics and reporting tools, Paysafe also allows its clients to monitor individual payment methods and transactions to perfect payment acceptance. The state-of-the-art platform also offers enhanced security to protect both client and player data.
Director of Business Development for iGaming at Paysafe, Gregory Kirstein, said, “Our deal with Amelco is an important opportunity for us to expand our footprint in the U.S. gaming and sports betting market. It reflects the importance of developing state-of-the-art solutions for the iGaming market’s player account management systems. We look forward to working with the Paysafe team, to give guidance on best practices. Also, we’ll work together to deliver a reliable and secure customer payment experience.”