Paysafe (NYSE: PSFE), a leading specialized payments platform, has expanded its partnership with betPARX®, a Pennsylvania-based gaming company owned by Greenwood Gaming and Entertainment, Inc. Building on Paysafe’s payments support for the Play Gun Lake brand in Michigan that is powered by betPARX, Paysafe will now also provide payments for the betPARX mobile apps for Pennsylvania and New Jersey.
Through Paysafe’s integration with betPARX technology partner Playtech’s Information Management Solution (IMS) platform, users in both Pennsylvania and New Jersey can make streamlined deposits to fund their betPARX accounts with their credit or debit card. All transactions will be processed seamlessly through Paysafe’s best-in-breed payment gateway.
betPARX users can also fund their wagers using Paysafe’s alternative payment solutions. These include the Skrill USA digital wallet, which was upgraded in Q4 with new functionality for instant funding of deposits, plus Paysafe’s Paysafecash and paysafecard eCash solutions.
Paysafe will also enable betPARX users to cash-out winnings. Payouts can be transferred directly into players’ Skrill USA accounts, with funds accessible in real time or through their bank accounts.
Zak Cutler, CEO of North America iGaming at Paysafe, said:
“We’re delighted to extend our partnership with betPARX into two major states in the U.S. iGaming space – New Jersey, the cornerstone of the whole market since 2013, and Pennsylvania. We look forward to facilitating payments for betPARX and its players in both states to strengthen the two brands’ customer conversions and retention.”
Matthew Cullen, Senior Vice President of Interactive at betPARX, commented:
“We are proud to extend betPARX’s partnership with an industry leading payment technology provider. We constantly look for features that will round-out our service to users and make betPARX the simplest and fastest app, and Paysafe delivers easy and user-friendly deposit and cash-out options.”
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