A prominent global online betting and gaming provider, 888, is collaborating with Nuvei, a Canadian financial technology firm, to fuel its growth in the United States market. 888 will utilize Nuvei’s technological infrastructure, localized payment methods, and extensive knowledge of US regulatory frameworks. This alliance is a crucial element of 888’s US approach, enabling them to enhance payment processing times and incorporate Nuvei’s technology, including its real-time banking transfer service.
Philip Fayer, Nuvei’s Chairman and Chief Executive Officer, conveyed enthusiasm about strengthening their collaboration with 888 and supporting their expansion both within the US and internationally. He underscored the significance of immediate, user-friendly, and secure funding and payout options in attracting and retaining customers in the rapidly expanding US online gaming sector. Fayer emphasized Nuvei’s proficiency in assisting operators to optimize revenue by maximizing card payment acceptance rates.
The selection of Nuvei as 888’s US partner is unsurprising, considering their robust existing partnership in the European market since 2017. Nuvei also played a pivotal role in facilitating 888’s successful entry into Ontario’s regulated online gaming market in April 2022.
Noam Klivitzky, Vice President of US Marketing at 888, highlighted the critical importance of seamless and secure deposit and withdrawal processes for a positive customer journey.
A premier online gaming enterprise, 888, has teamed up with Nuvei, a leading payment solutions provider, to bolster its payment handling infrastructure. This strategic alliance seeks to furnish 888’s clientele with a streamlined and protected payment process, capitalizing on Nuvei’s proficiency in instantaneous banking and card transaction technologies.
Nuvei’s remarkable history of refining payment procedures for online gaming entities, especially within regulated sectors globally, positions them as an optimal collaborator for 888. This partnership dovetails with 888’s dedication to delivering a varied and extensive array of online gaming choices to its patrons.
Interestingly, 888 is not the sole US provider to acknowledge Nuvei’s mastery within the gaming domain. Resorts Digital Gaming, another significant contender in the market, also joined hands with Nuvei previously this year, underscoring the escalating tendency of gaming corporations pursuing sophisticated payment solutions to augment their business activities.
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