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Praxis Tech signs payment technology agreement with Softswiss

Praxis Tech has confirmed a partnership with supplier Softswiss, through which Praxis has provided access to its portfolio of payment service providers (PSPs).

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The deal comes as Softswiss looks to expand globally, with Praxis’ solutions allowing for access to a number of new markets through additional payment options.

Softswiss has a roster of over 300 clients, requiring a range of payment methods. The Praxis deal has worked to streamline payment processes and promises to improve revenue generation.

Praxis Chief Sales Officer Natalie Agopian said: "We make every effort to ensure we're a reliable partner in every way.

“We're able to cater to Softswiss' need for a fast turnaround time – especially when it comes to enabling PSPs at short notice and during off-peak hours. We pride ourselves on our personal service and are very much looking forward to continuing expanding our cooperation with the Softswiss team."

After a three-hour onboarding process, Softswiss successfully integrated the Praxis solution, giving clients access to over 510 PSPs and more than 1,000 alternative payment methods (APMs), via the Praxis customisable cashier system.

Softswiss Chief PSP Officer Vadim Drozd said: "Praxis' 24/7 support team assisted us at every stage of the setup and was open to our requests and needs. The whole process was transparent and convenient.

"The Praxis team goes above and beyond when it comes to technical support. They are truly experienced advisers in the field of payment processing and that is very valuable for Softswiss.”

In June, Softswiss penned a content agreement with iGaming distributor 3 Oaks Gaming, through which 3 Oaks committed to provide over 50 titles for Softswiss; bringing the company’s portfolio of games to over 12,000.

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