rustly and PayNearMe join forces, revolutionizing the iGaming and online sports betting industry with real-time, secure open banking solutions.
In an exciting move, PayNearMe, a key player in 25 states, has joined hands with Trustly. This partnership aims to offer modern banking options for real-time transactions.
PayNearMe’s clientele in iGaming and online sports betting now have access to guaranteed Automatic Clearing House (ACH) deposits. This integration allows instant transfer of winnings into player bank accounts.
Michael Kaplan, PayNearMe’s EVP and Chief Revenue Officer, expressed his enthusiasm about the partnership. He emphasized their goal to provide a single platform for all payment needs.
The company’s MoneyLine platform was designed to navigate the complexities of iGaming and online sports betting. It currently manages deposits and payouts for licensed operators in 25 states.
Kaplan acknowledged the clear shift toward open banking. He expressed plans to expand their partnership with Trustly to incorporate more open banking capabilities.
Trustly, serving over 8,000 merchants, connects consumers to banks in 30 countries. Frederick Crosby, Chief Revenue Officer at Trustly, shared his pride in partnering with PayNearMe. He highlighted their shared commitment to creating a seamless payment experience.
