BankCard Services has confirmed LoopGolf, a digital wallet processing real money wagers on golf, to its roster of cashless gaming clients.
Via its Bank of George Gaming FinTech division, BankCard Services has enlisted the firm to help in its new ‘Powered by PIMS’ product which helps golf bettors manage their cashless wagering accounts.
Hanan Sabri, BCS President & COO, commented on the deal: “BCS is excited to announce that LoopGolf has engaged us and our Sponsor Bank, Bank of George, to provide our proprietary “Pooled Player Account Powered by PIMS” product to manage their cashless wagering account for the LoopGolf players.”
LoopGolf’s digital wallet, Loop, is a product that was ‘built to simplify real money, on-course wagers’.
Matt Rum, LoopGolf Chief Product Officer, added: “We set out to build a digital wallet for golfers. The first and most critical step to our vision was to embed payment settlement for on-course wagers into our wallet experience.
“BCS and Bank of George were the perfect partners for us in order to enable the experience we want for our customers and ensure our customers’ funds are secure with a financial institution.
“In addition, this partnership enables us to scale our operations and build our future roadmap with a financial institution already on our side.”