Paysafe has announced a new partnership with Gaming Innovation Group (GiG). This collaboration positions Paysafe as the preferred payments platform for operators integrating GiG’s advanced CoreX solution. By leveraging Paysafe’s extensive payment gateway, GiG aims to provide operators with the tools to streamline transactions, facilitate local payment methods, and support diverse market preferences.

Paysafe Partners with GiG to Power Seamless Global Payments for CoreX Platform

CoreX: Revolutionizing Player Account Management in iGaming

Launched in January 2024, GiG’s CoreX is an AI-driven Player Account Management (PAM) platform that is designed with adaptability and flexibility in mind. This platform offers online casinos and sports betting brands the ability to localize their operations efficiently in any regulated jurisdiction. CoreX empowers operators to adjust their offerings based on specific market requirements, ensuring that they remain compliant while delivering a seamless player experience.

The integration of Paysafe’s payment technology into the CoreX platform further enhances this flexibility. By offering a broad range of payment solutions, operators are equipped to cater to the unique needs of players across the UK, continental Europe, North America, and Latin America.

Paysafe’s Payment Gateway: A Global Solution for Local Payment Preferences

One of the standout features of this partnership is the incorporation of Paysafe’s Gateway, which provides operators with access to debit and credit card transactions alongside a vast suite of local payment methods (LPMs). This ensures that operators can offer a payment experience that caters to regional preferences, an increasingly important factor as iGaming operators expand globally.

Paysafe’s digital wallet solutions such as Skrill and Neteller, coupled with eCash services like Paysafecard and Paysafecash, allow players to choose their preferred payment method, enhancing convenience and accessibility. Additionally, the gateway provides access to over 30 third-party LPMs, further ensuring that operators can meet the specific payment preferences of players in different markets.

This adaptability is crucial for ensuring that operators remain competitive in an industry where seamless, secure, and flexible payment options can differentiate a brand from its competitors.

A Partnership Built on Shared Innovation and Growth

Both Paysafe and GiG share a vision of fostering innovation and growth in the global iGaming space. Zak Cutler, President of Global Gaming at Paysafe, expressed the company’s excitement about the partnership, stating: “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.”

This shared commitment to innovation is central to the partnership. By combining GiG’s cutting-edge CoreX PAM platform with Paysafe’s reliable and adaptable payment technology, the collaboration is poised to create significant opportunities for operators looking to expand their offerings in new and existing markets.

Securing Seamless Payments for Global Operators

James Coxon, COO at GiG, emphasized the importance of seamless and flexible payment solutions in today’s iGaming landscape. He stated: “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.”

This collaboration reflects both companies’ dedication to supporting the growth of their operator partners through reliable, adaptable, and secure payment solutions. Operators using GiG’s CoreX solution will now have access to an unparalleled range of payment methods, allowing them to provide a seamless payment experience to their players, regardless of location.

Meeting the Needs of a Diverse Global Market

The global iGaming industry is constantly evolving, with operators facing the challenge of offering localized services while ensuring compliance with ever-changing regulations. The partnership between Paysafe and GiG aims to address this challenge by providing operators with payment solutions that can be tailored to the specific requirements of different markets.

With the addition of Paysafe’s payment gateway, operators will be able to offer their players a diverse range of payment options, catering to both local and global preferences. This is particularly important in regulated markets, where operators must navigate a complex web of regulations while ensuring that their payment processes are secure and compliant.

A Competitive Edge for iGaming Operators

As the iGaming industry continues to expand globally, operators are constantly seeking new ways to differentiate themselves and gain a competitive edge. One of the key ways they can achieve this is by offering a seamless and secure payment experience that caters to the diverse needs of their players.

Through its partnership with Gaming Innovation Group, Paysafe is providing operators with the tools they need to succeed in an increasingly competitive market. By offering a broad range of payment methods and ensuring that these solutions can be adapted to meet the needs of different markets, Paysafe is helping operators enhance their player experience and drive growth in both new and existing markets.

Conclusion: The Partnership 

The partnership between Paysafe and Gaming Innovation Group marks a significant development in the global iGaming industry. By integrating Paysafe’s comprehensive payment solutions into GiG’s CoreX PAM platform, operators are given the flexibility to meet the demands of a diverse and evolving player base.

FAQs About Paysafe and GiG Partnership

1. What is the partnership between Paysafe and Gaming Innovation Group (GiG) about?

The partnership between Paysafe and Gaming Innovation Group (GiG) involves Paysafe becoming the endorsed payments platform for operators integrating GiG’s CoreX solution. This allows operators to access Paysafe’s comprehensive payment gateway for processing debit and credit card transactions, as well as various local payment methods (LPMs) across different regions.

2. What is GiG’s CoreX platform?

CoreX is an AI-driven Player Account Management (PAM) platform launched by GiG in January 2024. It is designed to provide flexibility to online casino and sports betting brands, enabling them to localize their operations in any regulated jurisdiction while ensuring compliance and delivering a tailored player experience.

3. What payment solutions does Paysafe offer to operators using GiG’s CoreX platform?

Paysafe offers a wide range of payment solutions, including:

• Debit and credit card processing.
• Digital wallets like Skrill and Neteller.
• eCash services such as Paysafecard and Paysafecash.

Access to over 30 third-party local payment methods (LPMs), which cater to specific market preferences.

4. What regions will benefit from the Paysafe and GiG partnership?

The partnership will support operators in regions such as the UK, continental Europe, North America, and Latin America. Operators can offer localized payment options to their players in these regulated markets.

5. How will this partnership help iGaming operators?

The collaboration will provide operators with flexible and secure payment solutions that can be adapted to each unique market. This gives operators a competitive edge by offering seamless, compliant, and diverse payment options to players, ensuring a better overall experience and fostering growth in new and existing markets.

6. What are the benefits of integrating Paysafe’s Gateway into GiG’s CoreX?

Integrating Paysafe’s Gateway provides operators with access to a wide range of payment methods, from debit and credit cards to local payment solutions. This helps operators localize payment options according to regional preferences and ensures secure and efficient transactions across various markets.

7. What did key executives say about this partnership?

• Zak Cutler, President of Global Gaming at Paysafe, emphasized that both companies share the philosophy of providing adaptable solutions for operators in regulated markets, helping them grow and remain competitive.
• James Coxon, COO at GiG, stated that the partnership marks a significant step forward in providing operators with seamless, flexible, and secure payment solutions.

8. How will this partnership affect iGaming operations globally?

The partnership is expected to support iGaming operators in expanding their operations into new and regulated markets globally. By offering adaptable payment solutions tailored to local markets, operators can ensure compliance and provide a better experience for their players.

9. What are some of the local payment methods (LPMs) supported by Paysafe?

Paysafe supports a variety of local payment methods (LPMs) including:

• Digital wallets: Skrill, Neteller.
• eCash solutions: Paysafecard, Paysafecash. Additionally, Paysafe provides access to over 30 third-party LPMs to cater to market-specific payment preferences.

10. How does this partnership align with the future growth of iGaming?

As the iGaming industry becomes more global, operators face the challenge of offering localized and compliant payment solutions. The partnership between Paysafe and GiG ensures that operators can navigate these challenges effectively, providing a flexible, reliable, and secure payment infrastructure that supports growth in multiple regions.