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Paysafe Enhances Sportech’s Bump 50:50 Software with Contactless Payments

George Miller

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Paysafe Enhances Sportech’s Bump 50:50 Software with Contactless Payments
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Paysafe, a leading specialized payments platform, has expanded its omnichannel payments offering for Bump 50:50, the Sportech division providing a digital raffle solution to sports and nonprofit charity foundations. As North American in-stadium sports return, fans will be able to enter raffles safely and securely through Paysafe-processed contactless card payments at points of sale (POS) from Handpoint, a pioneer in defining integrated payments.

The current COVID-19 pandemic has driven strong growth in contactless payments in the U.S. market. Fifty-nine percent of American consumers are happier making an in-person payment using an NFC-enabled card than they were a year ago, according to Paysafe’s April 2020 research.

Responding to this trend and innovating during the current shutdown of in-stadium spectator sports, Paysafe and Bump 50:50 have brought to market the charitable raffle space’s first fully integrated contactless payments solution. When fans return to stadiums, Bump 50:50’s partners, which include the foundations of over 120 professional, collegiate and nonprofit organizations (numbering dozens of NFL, NBA, MLB, and NHL teams), can enable them to purchase raffle tickets from in-venue sales staff using card tap-and-pay at Handpoint’s lightweight mobile POS terminals.

Transactions are processed seamlessly through the proprietary Bump 50:50 application installed on in-stadium sellers’ mobile tablets. The contactless enhancement is supported by both Android and Apple iOS versions of the solution’s app.

Paysafe’s omnichannel offering also allows sports fans to win raffle prizes and raise money for charities by using Bump 50:50’s online platforms at home or on-the-go via their own mobile devices, with all card-not-present transactions processed by Paysafe.

Carla Erlick, Senior Vice President, ISV Channel at Paysafe, said: “Sportech’s Bump 50:50 has become one of our flagship independent software vendor (ISV) partners, truly showcasing our omnichannel payments offering. Further complementing our card-not-present payments relationship with Bump 50:50, we’re delighted to strengthen our card-present support for Bump 50:50’s partners to better meet the new North American reality of in-person transactions.”

David Kurland, President of Sportech’s Bump 50:50, commented: “Bump 50:50 is pleased to offer our partners contactless pay through our integration with Paysafe. This is one more example of Bump 50:50’s continuous pursuit of new technologies and platform enhancements designed to help our partners reach their fundraising goals. We are also mindful of the fact that contactless pay is especially critical at this time, as our partners are developing safety protocols that will help them return to in-person events.”

 

About Sportech’s Bump 50:50:

Sportech’s Bump 50:50 provides technologies and services that allow foundations, many affiliated with professional and collegiate sports teams, and nonprofit philanthropic organizations to offer innovative digital 50/50 raffle programs in stadiums and online. Charitable raffles harness the passion of sporting and entertainment events to help foundations raise funds to support their philanthropic missions. The raffle winners and the foundations share the net raffle proceeds equally, making both partners in the success of the program. Sportech, Bump’s parent company, is a leading global provider of betting technology solutions to licensed gaming operators worldwide. For more information about both Sportech and Bump 50:50, visit www.sportech.net.

About Paysafe:

Paysafe Group (Paysafe) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of over US $98 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Visit us at: www.paysafe.com.

About Handpoint:

Handpoint has been a pioneer in defining integrated payments and next-generation POS, from advancing the checkout experience with mobile technology to launching open payment integrations for all emerging POS platforms on 3 continents. We provide solutions for merchants, acquirers, ISOs, and ISVs who are delivering on the cutting edge of payments: where customer experience and management matter, where payments are embedded seamlessly, and where mobile technology fuels growth. Handpoint’s software terminal, international gateway, and terminal management system enable the future of acquiring, from mPOS and integrated POS to a future without terminals. Visit us at www.handpoint.com.

Latest News

The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming

George Miller

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The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming
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MaxBill is excited to announce the release of a new whitepaper, dedicated to revealing the company’s vision for driving gaming businesses to further success. We are confident, that the recent years’ rapid expansion of the industry should be supported by the operational changes across all levels. To grow smoothly and organically, each company needs to have a strong back-end, that will ensure its scalability.

The whitepaper covers the main aspects of the essential functionality of the modern cloud-based partner management and billing solution for gaming. It goes into detail about the advantages of the process automation in a revenue calculation, shortening the invoicing cycle and creating better reporting and mutual settlements transparency for any number of contracts. We also included the segment on the importance of the 4 eyes principle and teased the new forecasting module, that has been developed specifically for gaming providers.

MaxBill understands the uncertainty that surrounds the integration of the new system in large enterprises, that is why we made sure to provide opinions of major gaming companies that already use our customized approach to billing and partner management. Two gaming giants, 888 and NetEnt, have been collaborating with MaxBill for a long time now. Their testimony reveals how switching to the single-platform system has helped them to create a better business environment and grow sustainably.

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Latest News

OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120

Niji Narayan

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OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120
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Mobile-first games developer OneTouch has partnered with the third-party games studio Big Wave Gaming to launch Wild Wild West 2120.

The 5×3 title transports players to a futuristic Wild West in pursuit of a prized bounty, with a Free Games round where two of the reels turn into Wilds and multiple jackpots can be won with a single spin.

“We’re delighted to saddle up with our valued partners at Big Wave Gaming to create Wild Wild West 2120, an enthralling new game with a fantastically inviting theme. The company has enjoyed impressive success in the social games space, so we have no doubt that this new title will perform strongly,” Ollie Castleman, Head of Marketing at OneTouch, said.

“OneTouch’s cutting-edge portfolio of mobile games is packed full of quality and innovation, so it’s fantastic to team up with the company for the epic Western adventure that is Wild Wild West 2120. We’ve experienced huge success in the social casino market and beyond, and expect this collaboration to be the first of many,” Ivan Rungkat, Managing Director at Big Wave Gaming said.

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Compliance Updates

Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission

Niji Narayan

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Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission
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Ukraine’s Cabinet of Ministers has approved the establishment of a gambling Commission to regulate gambling and lotteries. Its work is scheduled to launch in November this year.

The Gambling Commission will issue licenses, monitor and control the activities of gambling business operators.

“The launch of the commission will make it impossible for illegal gambling establishments to operate under the guise of state lotteries. And the legalization of gambling will stimulate the economy, attract investment, create additional jobs and receive a significant source of additional revenue,” the Ministry reports.

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