Payflo and MoneyGram partner on new payment options for US bettors
Payments provider Payflo has partnered with MoneyGram offer cash-in and cash-out payment methods to the US online gaming and lottery industry.
The firms say the new payment system with enable gambling operators in the US to provide users with a more affordable and secure way to deposit funds and access winnings.
Maria Armstrong, Director of Sales, North America, at Payflo, said, “Our partnership with MoneyGram unlocks a unique payment experience, enabling both deposits and payouts in cash – a groundbreaking solution designed specifically for the gaming and lottery markets. This initiative reflects our mission to provide innovative, inclusive payment options while simplifying operations for gaming and lottery operators.”
MoneyGram’s compliance program and know-your-customer protocols will support the transition of depositing and withdrawing money for users nationwide.
Anna Greenwald, Chief Growth Officer at MoneyGram, said, “At MoneyGram, we’re committed to delivering innovative solutions that enhance customer experience while leveraging our global network to open new opportunities. Our partnership with Payflo is a great example of this, as we introduce an innovative solution to support the growing US gaming and lottery sector. Through this new service, players benefit from faster, more convenient access to their funds, while gaming operators gain a reliable, scalable and compliant payment solution to fuel their growth.”
Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more.
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