PayNearMe, the fintech company bringing progress to payments, has announced a partnership with Trustly, global leader in open banking payments.
The integration of Trustly’s open banking solution provides operators with access to modern banking rails for real-time deposits and withdrawals. PayNearMe’s iGaming and online sports betting clients can now accept guaranteed ACH deposits and instantly transfer winnings into player bank accounts.
Players benefit by being able to fund their accounts in real-time using their secure online banking credentials; they no longer need to enter their bank account details.
Michael Kaplan, EVP & CRO at PayNearMe, says: “Our goal is to partner with best-in-class providers to offer a single integration and platform for all our clients’ payment needs, while ensuring they have a future-proof payments roadmap.
“As we continue to enhance the MoneyLine Platform, we are excited to partner with Trustly. Our iGaming clients get a proven, guaranteed deposit method, which reduces their risk, while their players get real-time access to deposited funds, improving their overall experience.”
PayNearMe’s iGaming clients can access pay-by-bank and other available payment types – cash, cards and mobile-first payment options including PayPal, Venmo and Apple Pay – all with a single integration and contract.
Kaplan adds: “We plan to expand our partnership with Trustly to incorporate additional open banking capabilities into our platform and enable all of our clients to benefit from this innovative technology.”
Frederick Crosby, CRO at Trustly, says: “Trustly is proud to partner with PayNearMe, which shares our commitment to creating a seamless payment experience.
“This integration will streamline the transaction process and offer secure open banking payments for both operators (with instant deposits) and players (with instant payouts).”
To book a demo of PayNearMe’s MoneyLine platform, click HERE
