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Credorax Partners with Hero Gaming to Provide Smart Acquiring Services, Streamline Payment Process for European Users

George Miller

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Credorax Partners with Leading Gaming Company to Facilitate Acquiring Services
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Smart payments provider will facilitate acquiring services for one of the gaming industry’s most reputable companies

Today, leading smart payments provider and merchant acquiring bank, Credorax, and leading Malta-based gaming company, Hero Gaming, announced a collaboration that will enable Hero Gaming to accept and process payments from players across Europe.

Credorax’s smart acquiring solution is designed to provide companies with an acquiring experience unlike any other. Hero Gaming will have access to Credorax’s tailor-made acquiring solution including value-added business services, approval rate optimization and analysis, and proactive 24/7 merchant account monitoring. This is in addition to the many other benefits Credorax offers, such as telecom-grade (99.999%) availability for processing payments, designed to maximize business growth and optimise operational processes.

“We are excited to offer our robust acquiring services to Hero Gaming,” said Alon Bigler, VP Business Development at Credorax. “Our high approval rates and unified solution will enable Hero Gaming to quickly and confidentially expand into new markets across Europe. We look forward to offering our personalized services to meet Hero Gaming’s diverse payment needs as they establish themselves as a leader in the European gaming industry.”

The online gaming market has experienced significant growth during a time when people are confined to their homes and casinos are closed. It is more important than ever to ensure that payment processing systems have high approval rates and won’t crash due to high volumes of players. Fintechs such as Credorax have the agility to step in and provide superior financial services and ensure high approval rates that inevitably lead to higher conversion rates.

“With their robust and scalable solution, Credorax was the obvious choice when looking for an acquirer,” said David Borg, Head of Payments at Hero Gaming. “We feel extremely confident in our payment processing as we take the next steps to expand in Europe, and it was important to find a partner that we can grow with. As the gaming industry continues to expand, we know that Credorax will support us when we choose to broaden our payment offerings and cater to new markets.”

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SoftSwiss updates Pay N Play by Trustly for online casino projects

George Miller

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SoftSwiss updates Pay N Play by Trustly for online casino projects
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SoftSwiss has recently introduced new technical updates for the Pay N Play payment method by payments service provider Trustly. 

The new developments will enable SoftSwiss online casino clients to activate all currently available markets seamlessly and hassle-free at once.

SoftSwiss Online Casino Platform future and prospective clients can now activate all available payment markets. The new add-ons will boost the productivity of the Platform as well as increase its player retention and conversion rates. The Pay N Play by Trustly is being offered to the operators running brands on the SoftSwiss Online Casino Platform since the beginning of 2020. Since then, it has proved itself to be a major time-saving tool, eliminating time-consuming player verification procedures.

Pay N Play is a technology developed by the payments service provider Trustly that allows players to deposit almost immediately after arriving at your online casino. In short, everything the player has to do is log in to the casino by securely using their own bank ID. The game starts instantly and effortlessly.

Vadim Drozd, PSP Team Lead at SoftSwiss noted: “SoftSwiss’s motto is to always strive to provide our clients with up-to-date technological solutions that will help them to have a positive impact on their business development. The new Pay N Play update will help our clients to save precious time as well as build and increase player loyalty”.

 

About SoftSwiss

SoftSwiss is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a “one-stop-shop” white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

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Latest News

Gambling Venues in Denmark to Remain Closed Until April 5

Niji Narayan

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Gambling Venues in Denmark to Remain Closed Until April 5
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The Danish Government has announced that casinos and gaming halls across the country will remain closed until April 5 at the earliest, in line with extended novel coronavirus (Covid-19) restrictions.

Venues temporarily shut in December last year after the government extended national Covid-19 measures until February 28, with the aim of opening early in 2021.

However, as Covid-19 case rates remained higher, venues have been kept closed in an effort to prevent further spread while Denmark commenced its vaccination programme.

In its latest update, the Danish Health and Medicines Authority announced that despite some relaxation of measures, casinos, gaming halls and restaurants will remain shut until at least 5 April.

A selection of other venues such as some non-essential shops and outdoor visitor attractions will be able to reopen in some regions, while certain year groups will also be allowed back into schools in select areas. All other measures, including travel restrictions, will remain in place until early April.

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Five Groups Qualify to Enter Next Phase of Nagasaki IR Process

Niji Narayan

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Five Groups Qualify to Enter Next Phase of Nagasaki IR Process
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All the five groups that entered Nagasaki prefecture’s request-for-proposal (RFP) process with the aim of participating in its bid for an integrated resort (IR) licence have qualified for the next phase of the process.

The five groups are: a consortium led by Oshidori International Holdings Ltd; Casinos Austria International Japan; Current Group; the Niki Chau Fwu (Parkview) Group; and One Kyushu, a consortium between Tokyo-listed Pixel Companyz Inc and French gaming operator Groupe Partouche SA.

The prefecture will complete a “first round” of evaluation of would-be partners this month to reduce the list of bidders to three. After that, a second round will include a “competitive dialogue” with would-be partners. The groups will then have to present their projects in August for the prefecture to make a final decision.

Japan plans to initially approve three integrated resorts in the country. Proposals must include a casino, tourism attractions, hotels and meeting spaces.

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