Tipico selects PayNearMe’s MoneyLine™ platform


PayNearMe, provider of the modern and reliable payments platform designed to manage the complexities of iGaming and sports betting, today announced that Tipico, a leading global sports betting and iGaming operator, selected the MoneyLine™ platform to consolidate disparate deposit and withdrawal solutions onto a single platform.

Tipico has added cash and Cardless Cash at ATM, and switched its ACH, PayPal and Venmo integrations to the MoneyLine platform. This consolidation enables the operator to streamline operations, reduce expenses and upgrade its player experience by offering more payment choice for deposits and withdrawals.

“As our sportsbook expands and the market evolves, we need a scalable payments platform that allows us to deliver the seamless experience that our customers deserve,” said Adrian Vella, Tipico CEO. “The Moneyline platform was the obvious answer. The flexibility of the platform made it easy to integrate with our custom-built Player Account Management System. Through this partnership, we can future-proof the deposit and withdrawal experience by quickly and easily offering new tender types as they become available. With the single integration, we can significantly reduce the burden on our technical resources.”

In addition, Tipico will be able to leverage PayNearMe’s data-driven Insights dashboard to gain better visibility into the payment journey, allowing them to innovate and improve the customer experience.