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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.

Compliance Updates

Commonwealth Casino Commission releases official statement regarding recent events surrounding Imperial Pacific International Holdings

George Miller

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Commonwealth Casino Commission releases official statement regarding recent events surrounding Imperial Pacific International Holdings
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The following is an official statement from the Commonwealth Casino Commission (CCC) of the CNMI regarding the recent events surrounding Imperial Pacific International Holdings Ltd.

Mr. Edward DeLeon Guerrero, Chairman of the CCC stated, “IPI needs to fulfill its obligations, not only to the people of the CNMI, but also to their employees, vendors, and other parties who are contracted to work with their organization. We are deeply disappointed in IPI’s decision to request an abatement of their annual license fee and casino regulatory fee. The CCC is continuing its enforcement and investigations of its recent Orders that encompass the entire range of any payables or contributions owed to public entities and prepared to seek all remedies under the CNMI gaming laws and under the Casino License Agreement as they relate to IPI’s nonpayment and other non-compliance matters.”

 

About the Commonwealth Casino Commission:

The Commonwealth Casino Commission seeks to ensure that CNMI casinos are operating with high integrity, that the games operate fairly to each patron and that the casino is following best practices. To meet those goals, there are robust controls on all functions of the casinos. The Commission may discipline its casino, vendor, or gaming employee licensees to encourage compliance. The discipline may include monetary sanctions, license suspension, or – at the very worst – license revocation.

The Commission employs personnel who audit every part of the gaming operations including slots, table games, advertising and promotions, revenue accounting, security, and surveillance. As regulators of the CNMI’s casino, our mission is to hold the casino operator and employees accountable to the Commonwealth’s very high standards.

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Asia

Asia’s Gambling Hub Reopens for Business

Niji Narayan

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Asia’s Gambling Hub Reopens for Business
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Macau, the gambling hub of Asia, has taken its first steps on the road to recovery as the casino capital starts issuing tourist visas again.

Visas for both individuals and group tours from mainland China will be restored in phases. Macau, like Hong Kong, is a special administrative region (SAR) of China. Authorities did not say when visas will be made available to tourists wanting to travel to Macau from outside China.

Macau’s neighbour Zhuhai is the first mainland city to be issued tourist visas. The opportunity will gradually be rolled out to the rest of the country during August and September, according to a statement from China’s National Immigration Administration.

On top of the re-issuing of visas, the two-week quarantine imposed on Macau travellers upon their return to mainland China was lifted across the country.

Macau’s economy is heavily reliant on the tourism and gaming industry. Visitors from mainland China make up more than 90% of Macau’s tourists, which is home to major casino operators including Sands, Wynn, Galaxy and MGM.

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Asia

APE Launches Summer Internship Program for Macau Local College and University for Three Years in a Row

George Miller

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APE Launched Launches Summer Internship Program for Macau Local University for Three Years in a Row
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Asia Pioneer Entertainment Holdings Limited, with its subsidiaries collectively referred as the is pleased to announce its paid summer internship program for three years in a row has been launched from June to August, 2020. The partnership with Macao Polytechnic Institute of this year provides motivated students the opportunity for learning knowledges and skills about the operation of gaming industry.

Under the impact of Covid-19, APE insists to conduct the internship to provide chances of accumulating working experience to the student who are interested in gaming industry. The intern of this year is from the Bachelor of Business Administration in Gaming and Recreation Management of Macao Polytechnic Institute. The intern could obtain diversified knowledges by working in different departments including Administration & Human Resources Department, Consultancy and Technical Sales Department, Technical Department, etc. Interns who complete the program with outstanding results will have priority to receive a chance to become APE full-time employees.

“We are grateful to launch the summer internship program again. In view of the success of the past programs, we believe that students can earn meaningful and valuable experience by training their hands-on skills in workplace, such as teamwork, communication, problem solving, etc.” said Mr. Herman Ng, Chief Executive Officer and Executive Director of APE.

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