Key points:
- Paysafe becomes GiG's endorsed payments platform for operators using the CoreX solution globally
- The partnership integrates Paysafe's local payment methods with GiG's player account management platform
- The collaboration aims to provide operators with flexible and market-specific payment solutions
Paysafe has announced a new partnership with Gaming Innovation Group (GiG). This collaboration positions Paysafe as the GiG-endorsed payments platform for operators integrating GiG's CoreX solution across the UK, continental Europe, North America and Latin America.
CoreX, launched by GiG in January, is an AI-driven player account management (PAM) platform designed to offer online casino and sports betting brands the flexibility to localise operations in any regulated jurisdiction.
The partnership will enable operators using GiG's technology to access the Paysafe Gateway, facilitating debit and credit card transactions alongside Paysafe's suite of local payment methods (LPMs).
These include digital wallets like Skrill and Neteller, as well as eCash solutions such as Paysafecard and Paysafecash.
Additionally, the gateway provides access to over 30 third-party LPMs, hoping to cater to market-specific preferences.
Commenting on the partnership, Zak Cutler, President of Global Gaming at Paysafe, stated: “We’re delighted to partner with Gaming Innovation Group, which is one of the gaming industry’s true innovators when it comes to player account management platforms.
“With the global regulated iGaming space increasingly complex, we share GiG’s philosophy of providing operators with the ability to adapt their operations to each unique market while remaining nimble.
“Together, we look forward to giving our mutual operator partners a competitive edge to support their growth in new and existing markets.”
James Coxon, COO at GiG, added: “Partnering with Paysafe marks another important step forward in ensuring that our operators have access to the most seamless, flexible and secure payment solutions... Paysafe’s extensive payment capabilities provide the reliability and adaptability that align with our vision of delivering opportunities for growth."
In related news, Revolut recently announced the introduction of cash deposits for its UK user base – a service that is being implemented in partnership with Paysafe.
