Payment technology firm SafeCharge has announced that it will offer the regulated US online gambling industry real-time automated clearing house (ACH) payments via eCheck Select from Mazooma, a source for verified bank payments in online sports betting and igaming.
eCheck Select verifies bank-level data in real-time, including consumer identification and account information. At the time of transaction, it also confirms a person’s account balance and processes the payment or terminates it if there are insufficient funds.
“We’re pleased to make our ACH technology available via the SafeCharge Payments Engine,” said Jamie MacKay, CEO, Mazooma. “With eCheck Select, igaming operators entering the newly-regulated US market can offer players here a seamless payment experience that increases transaction and on-boarding success.”
“By making eCheck Select available to provide real time ACH payments, we aim to support global iGaming operators successfully expanding into the US, and further enhancing our innovative omni channel payments engine designed to maximize payment conversions,” stated David Avgi, CEO, SafeCharge.
Acceptance of credit cards, said SafeCharge, can be limited in the iGaming industry and with eCheck Select, operators are able to offer players an uninterrupted experience. It supports real-time verification and payments from every bank and financial institution in the US. Real-time verification provides operators with rich consumer data, reducing fraud and eliminating customer service issues that sometimes arise with traditional ACH processing.