Open Banking firm Trustly has partnered with PointsBet to offer the operator’s players instant payouts in the US.
In association with Cross River Bank, Trustly will deploy its tech platform onto PointBet US’ sportsbook app to allow instant winning withdrawals within the app.
The fintech firm’s platform offers an optimized UI and is configurable within PointsBet’s app and turnkey pay logic, while utilizing Cross River’s RTP network.
John Parsons, Vice President, Gaming at Trustly, explained: “We are thrilled to partner with PointsBet to offer Trustly Instant Payouts. This product, made possible by our collaboration with Cross River, will help facilitate a delightfully seamless payout experience for sports bettors nationwide.”
Following the deployment of the solution, PointsBet players will be able to withdraw winnings instantly upon request 24/7, 365 days per year, which Trustly states will help to build confidence, satisfaction and loyalty.
Mark Hughes, Chief Product Officer at PointsBet USA, added: “PointsBet is always looking for innovative ways to deliver our customers a best-in-class betting experience. We have recently enhanced our platform with the addition of new Lightning Bet markets for the NFL, solidifying our stance as the home of live betting.
“Now we’re doing it again by offering our clients instant payout options.We’re excited to partner with Trustly and Cross River as we continue to redefine the sports betting landscape.”
Fulfilling its role in the deal, Cross River will send RTP payments to players’ bank accounts on behalf of PointsBet by using its role as an early participant in the RTP Network.
“Cross River partners with some of the most innovative companies that provide consumers with the cutting-edge financial solutions they need and want,” said Adam Goller, EVP, Head of Fintech Banking at Cross River.
“Our partnership with Trustly enables just that, solving a pain point in this vertical for a long time. Fueled by Cross River’s participation in the RTP network, consumers can now receive instant payouts and immediate access to their winnings.”
