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Betsson offering new payment option via MuchBetter

Betsson Group has announced an international payments partnership with e-wallet app, MuchBetter.  

betsson

MuchBetter is now available to players in different jurisdictions, across 10 popular Betsson brands including Betsson.com, Betsafe.com and CasinoEuro.com  

In addition to providing payments to Betsson players, MuchBetter will allow the operator to offer instant payments in high-growth markets; the app can be used in more than 180 regions. 

It also reduces security and fraud concerns via the biometric verification and patented dynamic CVV security feature, which generates a new CVV code every time an online or in-store card transaction is made.  

Israel Rosenthal, MuchBetter Founder and CEO, said: “We are now the payment supplier of choice for iGaming operators, with nearly one million accounts in more than 180 jurisdictions.  

“Betsson has a remarkable reputation in the iGaming market and chose MuchBetter as the payment partner it could trust to help it continue its growth in new regions, under new licences and with new brands.”  

Stefania Zammit Marmara, Payments Relationship Manager at Betsson, added: “Betsson Group is expanding in some really exciting growth regions. 

“We chose MuchBetter for its ability to help us take payments in some of our key and emerging markets. We were also extremely impressed by the security and user experience of the product, which were important considerations.

"We always want the best for our customers, and payments play a big part in the overall experience that customers have with an iGaming brand.”  

An administrative court in Sweden recently ruled in favour of Betsson Group it received a warning and fine.

According to the Swedish Gambling Authority (SGA), a Betsson AB subsidiary was said to have violated the Swedish Gambling Act, but the court rejected this.

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