Sightline Payments announced it has selected JP Morgan Payments as the primary merchant acquirer and payments processor for Sightline’s Play+ ecosystem, which enables consumers to spend their funds with more than 80 partners in over 40 states across the sports betting, lottery, racing, and online and brick-and-mortar casino markets.
Sightline plans to work with JP Morgan Payments as it develops products and services that solve payments challenges for casino operators and consumers. Routing Play+ transactions through JP Morgan Payments will benefit both merchants and Play+ accountholders, providing consumers with faster cash-outs.
“We are thrilled to select JP Morgan Payments to help us enhance the regulated North American gaming industry’s payments experience,” said Omer Sattar, Sightline co-CEO. “We’re at a critical point in the gaming industry’s payments ecosystem. JP Morgan Payments will help us solve some of the biggest payments challenges our industry faces and provide real solutions to the millions of consumers who enjoy the modern, omnichannel gaming experience.”
“At JP Morgan Payments, we’ve seen tremendous growth of digital payments in the gaming industry, and we’re excited that Sightline has selected our best-in-class products and services for Play+ payments processing,” said Drew Soinski, managing director and senior payments executive for JP Morgan Payments.
Sightline’s Play+ solution has enabled consumers to interact with gaming operators since 2012. Today, Play+ has more than 1.5 million account holders nationally, providing them with a wide variety of funding options and the industry’s fastest access to their funds. In 2021, Sightline’s Play+ transformed the cash-based gaming industry by launching cashless gaming offerings at casinos in Nevada, Indiana, Ohio and Pennsylvania. Visitors to these casinos can use their Play+ accounts to fund their activities on and off the casino floor without ever having to get cash.