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Payments: CopyBet partners with TrueLayer

The partnership will allow CopyBet customers to utilise the “Instant Bank Payment” option, to deposit funds into their accounts.

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CopyBet has announced a new partnership with TrueLayer, a European open banking payments network, to enhance the customer experience for UK users.

This collaboration aims to facilitate instant deposits and withdrawals, as well as smooth transactions across the CopyBet app and website.

Off the back of this partnership, CopyBet customers can now utilise the “Instant Bank Payment” option to quickly deposit funds into their accounts. Additionally, they can also transfer their winnings to their bank accounts within seconds – improving the efficiency of financial transactions.

TrueLayer's payment system ensures compliance with PSD2 and SCA regulations by authenticating payments directly with a customer’s bank. This process aims to significantly reduce the risk of fraud and unauthorised transactions, thereby enhancing the security of financial operations.

Regarding this partnership, Anton Ivanov, Business Development Director at CopyBet UK, stated: “We are always looking for ways to improve our customer experience, and this is a crucial partnership to take the CopyBet Sportsbook to the next level.

“By using TrueLayer technology, we can offer customers a best-in-class payment solution that is reliable, protected and user-friendly.”

Roberto Villani, VP of iGaming at TrueLayer, added: “Providing fast, frictionless pay-ins and payouts is key to winning and retaining players. We’re proud to partner with CopyBet to help provide the instant experience customers demand.”

In addition to this partnership, CopyBet recently became the official front-of-shirt partner of Queens Park Rangers Football Club for the next two seasons.

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