Secure payment, Latin America’s largest payment network, has Betcris, the largest sports betting and iGaming company in the region.
The two companies announced the partnership on Thursday (September 30th), saying that SafetyPay’s alternative payment methods will allow players to make online deposits and cash payments through banks or cash pick-up points.
“More regions legalizing sports betting, along with the COVID-19 pandemic that has forced casinos to close and many people to stay at home, have sparked a surge in online gaming and betting in all forms,” it said in a company press release. “The global online gaming market is projected to be valued at more than $ 92.9 billion in 2023, almost doubling the current market size: $ 59 billion.”
SafetyPay says it is providing online casino operators with a fast, convenient payment method for non-cardholders and customers who choose not to share their credit card details online due to fraud concerns.
The partnership will allow Betcris players to pay for games or bets via bank transfer or cash instead of using a debit or credit card without revealing any personal information or details.
“By accepting alternative payment methods supported by SafetyPay, Betcris is expanding its customer base by providing access to people around the world who either don’t have credit cards or who don’t want to use them online,” said Gustavo Ruiz Moya, CEO of SafetyPay, said in the press release.
“Providing secure payments is a core theme for SafetyPay,” said Moya. “With the latest technology, we can better protect our customers – both consumers and retailers – and give them the best online transaction experience.”
SafetyPay operates in 18 countries and operates the largest payment network in Latin America, which is integrated with more than 90% of the region’s banks.
Read more: Digital payment company SafetyPay works with Rappi. from LatAm together
Last year, the company announced a partnership with Rappi, an e-commerce company that provides customers in Latin America with a marketplace for a wide range of products, including meals, beverages, technical goods, supermarket items and medicines.