Paysafe has signed a deal with Betr to help players seamlessly fund their betting accounts with their debit cards.
Under the terms of the deal, Paysafe will deploy its tech platform and payment gateway to allow Betr customers in Ohio and Massachusetts to safely and quickly fund their accounts. Betr went live in Ohio and Massachusetts in January and May respectively and Paysafe is now on board to make the payment process quicker and easier.
Joey Levy, Founder and CEO at Betr, commented: “We are excited to announce our partnership with Paysafe and are looking forward to working with them as we continue scaling the Betr business. They are reliable, experienced, and share our perspective that we are just scratching the surface of product innovation in the regulated real-money gaming industry.”
This deal expands Paysafe’s presence in the US sports betting and gaming industry, given it is active in over 25 markets across the country. The firm is live with several operators in both Massachusetts and Ohio but has strengthened its position in both markets by linking with the Jake Paul-founded operator.
The payment firm will also allow Betr to leverage its digital wallet and ecash solutions to ensure that players on the Betr platform have access to alternative payment methods.
While limited to just the aforementioned states for now, the partnership would extend to any new states that Betr launches in the future. The operator is also licensed in Virginia and Maryland but is yet to launch.
Zak Cutler, President of Global Gaming at Paysafe, added: “We’re proud to partner with Betr, which shares Paysafe’s own dedication to product innovation and driving the broader evolution of the US sports-betting space.
“We look forward to supporting the growth of Betr in Ohio and Massachusetts as well as future states by providing the operator and its customers on-the-go with an unparalleled payment experience that befits the impressive UX of the Betr app.”
