CopyBet, a leading sports betting platform, has announced a new partnership with TrueLayer, a prominent European open banking payments network, to significantly enhance the customer experience for its UK users. This collaboration aims to streamline financial transactions on the CopyBet app and website, offering users faster and more secure payment options.

CopyBet Partners with TrueLayer to Enhance Payment Solutions

Enhancing Customer Experience

Through this partnership, CopyBet customers can now use the “Instant Bank Payment” feature to quickly deposit funds into their accounts. Additionally, winnings can be transferred to bank accounts within seconds, greatly improving the efficiency of financial transactions. This new feature is set to revolutionize the way users interact with their funds, providing a seamless and instant payment experience.

Secure and Compliant Transactions

TrueLayer’s payment system ensures compliance with the latest PSD2 and Strong Customer Authentication (SCA) regulations. By authenticating payments directly with a customer’s bank, TrueLayer significantly reduces the risk of fraud and unauthorized transactions, thereby enhancing the security of financial operations on the CopyBet platform.

Key Statements

Anton Ivanov, Business Development Director at CopyBet UK, emphasized the importance of this partnership: “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, highlighted the benefits of the collaboration: “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.”

Broader Impact and Recent Developments

This partnership with TrueLayer marks another significant milestone for CopyBet. In addition to enhancing their payment solutions, CopyBet recently announced a major sponsorship deal, becoming the official front-of-shirt partner for Queens Park Rangers Football Club for the next two seasons. This sponsorship aligns with CopyBet’s strategy to increase brand visibility and engagement within the sports community.

About CopyBet and TrueLayer

CopyBet is a leading sports betting platform known for its innovative approach and commitment to providing a superior user experience. By integrating advanced payment solutions, CopyBet continues to set new standards in the industry.

TrueLayer is a European open banking payments network that provides secure, seamless payment solutions. With a focus on compliance and user protection, TrueLayer ensures that financial transactions are both fast and secure.

Conclusion: The Partnership

The partnership between CopyBet and TrueLayer represents a significant advancement in the realm of sports betting and online payments. By offering instant, secure, and user-friendly financial transactions, CopyBet is poised to enhance the overall betting experience for its UK users. This collaboration underscores the company’s commitment to innovation and customer satisfaction.

FAQs: CopyBet and TrueLayer Partnership for Enhanced Payment Solutions

1. What is the recent partnership announced by CopyBet?

CopyBet has partnered with TrueLayer, a European open banking payments network, to enhance payment solutions for its UK users.

2. What are the key objectives of this partnership?

The partnership aims to streamline financial transactions on the CopyBet app and website, offering users faster and more secure payment options.

3. What specific feature will be available to CopyBet users as a result of this partnership?

CopyBet users can utilize the “Instant Bank Payment” feature to quickly deposit funds into their accounts and transfer winnings to their bank accounts within seconds.

4. How does TrueLayer ensure the security of financial transactions?

TrueLayer’s payment system complies with the latest PSD2 and Strong Customer Authentication (SCA) regulations, reducing the risk of fraud and unauthorized transactions by authenticating payments directly with a customer’s bank.

5. What was the response from Anton Ivanov, Business Development Director at CopyBet UK, regarding the partnership?

Anton Ivanov highlighted the importance of the partnership in enhancing the customer experience and taking the CopyBet Sportsbook to the next level.

6. What benefits does Roberto Villani, VP of iGaming at TrueLayer, see in this collaboration?

Roberto Villani emphasized the importance of providing fast and frictionless pay-ins and payouts, stating that the partnership with CopyBet helps meet customers’ demands for instant payment experiences.

7. What recent sponsorship deal did CopyBet announce?

CopyBet recently became the official front-of-shirt partner for Queens Park Rangers Football Club for the next two seasons, aligning with its strategy to increase brand visibility within the sports community.

8. How does CopyBet plan to enhance its customer experience with this partnership?

CopyBet aims to offer customers a best-in-class payment solution that is reliable, protected, and user-friendly, improving the efficiency of financial transactions for users.

9. What sets TrueLayer apart in the realm of open banking payments?

TrueLayer is known for providing secure, seamless payment solutions with a focus on compliance and user protection, ensuring that financial transactions are both fast and secure.

10. What are the benefits of the “Instant Bank Payment” feature offered by CopyBet?

The “Instant Bank Payment” feature allows users to deposit funds quickly into their accounts and transfer winnings to their bank accounts within seconds, enhancing the overall user experience on the CopyBet platform.

11. How long do users have to claim their winnings from CopyBet?

Users have ample time to claim their winnings, as CopyBet ensures that Lotto 47 drawings are valid for a whole year after the drawing date.

12. How does CopyBet support responsible gaming?

CopyBet promotes responsible gaming by offering tools that help players manage their play responsibly while supporting public schools through proceeds from the Michigan Lottery.