Paysafe is a global payments platform. On the other hand, Gaming Innovation Group or GiG is a leading B2B iGaming technology company. Together, they have announced a strategic collaboration.
Paysafe will become the endorsed payments platform for GiG operators across the United Kingdom, continental Europe, North America, and Latin America as they integrate GiG’s CoreX B2B iGaming solution. It is renowned for its comprehensive payments solutions.
The collaboration aims to leverage Paysafe’s robust payment processing capabilities. This will enhance GiG’s AI-driven player account management platform, CoreX. CoreX serves online casino and sports betting brands. This partnership will strengthen GiG’s global presence by enabling it to offer localized operations in any regulated jurisdiction.
Beyond leveraging LPMs or Paysafe’s local payment methods, the collaboration also provides connectivity to the Paysafe Gateway. This supports a wide range of transactions including debit and credit card transactions, and gives access to over 30 third-party LPMs. This is in line with both companies’ commitment to providing flexible and adaptable payment solutions tailored to the specific needs of numerous global markets.
President of Global Gaming at Paysafe, Zak Cutler emphasized the alignment of goals of both companies. He expressed delight in partnering with Gaming Innovation Group. They are a true innovator in player account management platforms within the gaming industry.
Cutler added that the global regulated iGaming space is becoming increasingly complex. They share GiG’s philosophy of enabling operators to adapt their operations to each unique market while remaining nimble. Together, they look forward to providing their mutual operator partners with a competitive edge to support growth in new and existing markets.
Gaming Innovation Group’s chief operating officer, James Croxon also highlighted the benefits of this partnership. He said that partnering with Paysafe marks another important step forward in ensuring that their operators have access to the most seamless, flexible, and secure payment solutions available on the market, tailored to their specific market needs.