PayNearMe, a payments platform designed to manage the complexities of iGaming, announced enhancements to its iGaming solution that enable U.S. operators to dramatically accelerate speed to market and simplify the deposit and payout experience across a wide range of payment types, including Apple Pay and Google Pay, through a single integration.
PayNearMe’s expanded iGaming solution makes deposits and payouts easy for both players and operators, according to the company. Using the platform, operators can accept players’ cash and electronic payment deposits, and rapidly distribute payouts without having to manage multiple payment providers. Players benefit from a simplified deposit experience that supports a multitude of payment options to fund their accounts.
“Managing multiple third-party vendors and contracts is not only an administrative burden for operators, but it also creates a disjointed experience for players during a crucial touchpoint—deposits,” said Michael Kaplan, chief revenue officer and general manager of PayNearMe. “Operators can now consolidate key payment types—including Apple Pay and Google Pay—onto a single payments platform built specifically for iGaming.
“More than 60 percent of millennials and 48 percent of Gen Z consumers say they are extremely interested in using mobile wallets as a primary payment method, making Apple Pay and Google Pay critical deposit methods for players. PayNearMe is the only payment service provider that enables players to fund their online gaming accounts using cards, ACH, Apple Pay, Google Pay and cash—all in a single platform.”
