SCCG Management, the advisory and consultancy firm serving publicly traded and privately held corporations across the global gaming, betting and prediction markets sectors, has announced a representation agreement with MassPay, a financial orchestration platform for gaming.
Every gaming operator moves money in three directions: in from players, out to players and home to the parent company. Most piece this together from a processor, a bank, a payout vendor and a compliance team, and end up holding player funds themselves.
MassPay replaces all of this with one integration and one contract.
Player funds are held in custody by MassPay, in a separate ledger for each brand, so the operator never takes possession. US players choose how they get paid – bank transfer, debit card, PayPal, Cash App, wallet or stablecoin – with instant options available. When it is time to bring profits home, MassPay delivers them to the parent company wherever it is, in the currency it wants, across 180 countries.
Operators keep their brand, their ledgers and full visibility into their own payment data. Compliance – KYC, KYB, AML and sanctions screening – runs on every transaction, on infrastructure certified to PCI DSS Level 1 and SOC 2 Type 2. There is no lock-in and no fee on failed transactions.
Stephen Crystal, Founder & CEO of SCCG Management, says: “In this industry, how you move money is the business, and MassPay hands operators ownership of that instead of a black box, and this is exactly what our client-partners need.”
Ran Grushkowsky, Co-founder & CEO of MassPay, adds: “Operators have had to choose between holding player funds themselves or handing the whole relationship to a processor. MassPay means they do neither. We hold the funds, players get paid instantly on the rail they prefer, and profits reach the parent company in whatever currency it needs – all under the operator’s own brand.
“SCCG knows this industry’s money problems better than anyone, and we are glad to be on their roster.”
TAGS: Gambling Industry Partnerships, Financial Orchestration, SCCG Management, MassPay