Tipico leverages PayNearMe's MoneyLine platform

Friday 20 October 2023 11:54 CET | News

Malta-based sports betting and iGaming operator Tipico has selected PayNearMe’s MoneyLine platform to streamline its payment operations.


The aim of this integration is to centralise various deposit and withdrawal solutions onto a single platform. In this move, Tipico has incorporated cash and Cardless Cash at ATMs, while also transitioning its ACH, PayPal, and Venmo integrations to the MoneyLine platform. This consolidation is intended to enhance operational efficiency, reduce costs, and offer an improved experience for players by diversifying the payment options for deposits and withdrawals. 

In the company press release, officials from Tipico emphasised the need for a scalable payments platform to provide a seamless experience to their expanding customer base. They expressed confidence in the MoneyLine platform's flexibility, which facilitated integration with their custom-built Player Account Management System. They also highlighted the partnership's capacity to adapt to evolving payment methods, thereby lessening the technical workload. 

Additionally, Tipico will gain access to PayNearMe's Insights dashboard, which provides data-driven insights into the payment process, enabling them to enhance the customer experience. Officials from PayNearMe expressed enthusiasm about the partnership, stressing their platform's capability to cater to the complexities of real-money gaming and payments. The collaboration aims to assist operators in streamlining their operations, improving margins, and strengthening customer loyalty and acquisition.


Malta-based sports betting and iGaming operator Tipico has selected PayNearMe’s MoneyLine platform to streamline its payment operations.


More information about the two companies

PayNearMe is a technology company that simplifies customer payment experiences for businesses, offering a modern platform that enhances engagement, operational efficiency, and cost management. 

The MoneyLine platform streamlines money movement for iGaming and sports betting operators, aiming to improve the payment experience for players across various touchpoints. This single-platform integration reduces costs and enhances the overall payment experience. Player insights within the platform provide a comprehensive view of player and payment metrics. PayNearMe has been serving the iGaming market since 2013 and operates in 24 regulated gaming markets in the US, processing cash deposits for prominent online casinos and operators. 

In July 2023, PayNearMe has announced the integration of Cash App Pay into its suite of services in order to improve customer payment experience. Following this announcement, PayNearMe’s clients gained the ability to offer their users the capability to pay bills in an easier and more effective manner with their Cash App accounts. The integration also provided businesses and companies with more options for convenient and fast payments and transactions.  

Tipico is a global sports betting company that offers digital and mobile betting experiences across 30 different sports. The company prioritises engaging play as well as and player protection, with a presence in several US states, providing online sports betting and an online casino.

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Keywords: partnership, online payments, gambling, digital payments, fintech
Categories: Payments & Commerce
Companies: PayNearMe, Tipico
Countries: United States
This article is part of category

Payments & Commerce




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