The product includes Real-Time Payments (RTP), FedNow and Same Day ACH solutions, all of which have been designed to minimise disbursement times and provide a means for operators to deliver funds to players' checking accounts.
This solution aims to streamline the payment process and provide users with immediate access to winnings. As part of this system, users will receive confirmation emails from Pavilion Payments to reinforce the security of their transactions.
Jake Francis, SVP of Operations at ClutchBet, stated: “At ClutchBet, we are committed to providing our customers with the most innovative, safe and efficient solutions for wagering online.
"With Pavilion Payments’ newest innovations, we can instantly improve the user experience by streamlining the payment process, allowing users to have access to winnings immediately. Since Pavilion Payments’ solutions are vertically integrated, implementing the Instant Payments solution was simple and efficient.”
Christopher Justice, CEO of Pavilion Payments, added to this, noting: “Our Instant Payments solution is a major step forward for our organisation, as we now offer technology that is not only innovative for the gaming industry but for the payments industry as a whole.
"Patrons have come to expect instant payments, and now we can deliver that with our solution. Our mission is to continue to deliver a modern payments experience to the gaming industry by developing more payment solutions such as request for payment.”