9 March, 2022

Payment Solution of the year

As the gaming industry embraces exciting technologies and innovations, payments companies are at the forefront of this shift. Here are the nominees for the Global Gaming Awards’ Payment Solution of the Year.

It is no exaggeration to say our lives would not be the same without fast, efficient, and well-designed payment solutions, and this is no more prevalent than in our industry. Gaming relies on payment solutions companies to provide technology and data that allows for gaming to remain a modern and innovative industry. From cashless solutions to payout methods, the nominees on this list represent the best Europe, Asia, Africa and the rest of the world have to offer. From Paysafe and its innovative Skrill platform to Trust Payments’ solution, this is an exciting year for the Payment Solution of the Year Award.

iGaming is in our first nominees’ DNA. Paysafe has been providing payments to the industry for 20 years, via both the Skrill and NETELLER digital wallets, the paysafecard eCash solution, as well as payment processing and acquiring solutions. The payments company offers these via a single point of integration and service, a single API, and a robust technology platform, underpinned by very deep and broad risk and regulatory management including controls and reports making the company fully deserving of this year’s nomination. In Europe and Asia Paysafe works with over 1,000 operators.

Our second nominee, Nuvei, had a big year in gaming, announcing a 96% overall revenue increase for Q3. Having acquired new brands to help its overall offering, Nuvei has made waves within the gaming industry and developed its European offering in addition to the company’s US focus. The company’s goal is to “provide the operator with any way that the consumer wants to pay and get paid,” and this year, it has certainly done so, making it Nuvei an important contender for this year’s award.

A year of growth for Neosurf has seen the third nominee for Payment Solution of the Year focus more effort on esports sponsorship, identifying the three-way connection between sports, gambling and payments. As well as specialising in vouchers. This renewed focus has undoubtedly put the payments brand in a strong position for this year’s award. Moreover, a rare move in 2021, Neosurf has championed the fact that, in some markets, cash still remains king.

Trust Payments’ mission is to help gaming operators optimise their sales and customer experience through facilitating speedy and seamless payments, loyalty and data management. The fourth nominee for Payments Solution of the Year has a full unified payments offering in Europe, including a cloud-based payments platform and merchant acquiring. The entire holistic customer experience is a growing area for the firm. The company has 11 global offices, with main hubs in London and Malta and is regulated by the MFSA in Malta as a Payment Institution and by the FCA as an Authorised Payments Institution in the UK.

Founded in 2009, our next fierce competitor, AstroPay, is a global payment solution serving more than 3.5 million users and 500 merchants across the globe including Asia, Africa and Europe. With customer experience at the core of their business, the company aims to provide a safe, secure and reliable payment solution with its One Touch digital wallet offering. AstroPay’s nomination for Payment Solution of the Year is evidently a testament to its hard work and achievements throughout 2021.

Our next well-deserving nominee is Trustly. Its solution enables gaming operators to offer online players instant deposits and withdrawals and the company’s suite of products includes full-cycle instant payment solutions across industry verticals. Pay N Play® is an impressively popular payment solution that combines the registration and first deposit steps into one, through this, Trustly extracts the necessary KYC data and delivers it to the operator to register the player simultaneously.

EveryMatrix’s brand added 25 new payment solutions in Q1 2021, as well as announcing a new partnership with PayPal during the same time, just one reason why the company is more than deserving of this esteemed nomination. MoneyMatrix is the latest generation processing platform that encompasses all of an operator’s payment processing and risk management needs. Based in Malta, the organisation is licensed by the Malta Financial Services Authority and can provide payment routing, risk management, and KYS solutions globally through a single integration.

ConnectPay is one of the fastest-growing EMIs in Lithuania and a major contender for the Payment Solution of the Year Award – one of the leading fintech hubs in continental Europe the company provides high-end banking services for internet-based companies. By offering a One Stop Shop solution for all payment facilities under one roof, ConnectPay arrays a smooth onboarding and boutique banking experience. ConnectPay’s main services are Sepa Instant & Cross-border payments, Business & Segregated Accounts, Online Banking&Merchant API, Corporate cards, BaaS, PIS. This impressive aray of offerings undoubtedly makes ConnectPay a solution to keep your eyes on.

Praxis Cashier is a truly global company. With staff in Costa Rica, Spain, Ukraine, and Cyprus, the penultimate nominee for Payment Solution of the Year boasts over 20 years of combined experience in online payments and marketing for a number of industries - including gaming. Following a strong 2021, Praxis is integrated with over 300 payment service providers worldwide; and aims to improve the implementation of KYC and risk management policies, as well as increasing credit card acceptance rates.

Last but by no means least, VallettaPay prides itself on customer service and prefers to work with niche clients in sectors like gaming, rather than targeting the whole of the internet. Targeting organic growth, VallettaPay services clients who fall within its risk appetite - competing on the highest quality of service rather than the highest number of clients, this and many other reasons place VallettaPay as an important contender on this list.

As you can see this is an impressive list of nominees, each deserving in their own right to win our Payment Solution of the Year Award. Indeed, while only one product can walk away with the prize, this list shows just how exciting and innovative the world of payments has become. From cashless booming across the globe to new ideas entering the space, it is an exciting category indeed.

The Payment Solution of the year award is sponsored by BGaming.

BGaming is a fast-growing game provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 550+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand's portfolio includes 70+ products with HD graphics and a clear user interface for every device.