Nuvei, GAN Form Gaming Partnership

Payments platform Nuvei continues its series of partnerships with a new partnership with GAN Limited.

According to a press release issued Thursday (July 7), the partnership combines Nuvei’s products with GAN’s software-as-a-service gaming platform technology. The partnership follows the debut of the regulated gaming market in Ontario earlier this year and is now expanding for operators in the US and Canada.

The partnership will allow players to deposit instantly and request instant withdrawals, and will include multiple regional and alternative payment methods — such as Interac and digital wallets — along with cards, the companies said.

Read more: Nuvei helps Swedish Sportsbook Betsson launch in US

“Providing a fully customizable payment platform for game operators, including local acquiring solutions and a full suite of payment methods through a single integration, is at the heart of our vision for the future of payments in both gaming and broader verticals,” said Nuvei Chair and CEO Philip Fayer.

“The opportunity to partner with GAN to bring this vision to North American operators is a major step forward for an industry poised for further significant growth in the coming years. GAN is known throughout the gaming world for its market-leading software, which is why we believe this is such an exciting collaboration,” Fayer added.

This is the latest in a series of partnerships Nuvei has formed over the years. In May, the company teamed up with Swedish gaming company Betsson Group to help it bring its online sportsbook to the US.

Betsson has set up shop in Colorado and does business as Betsafe. With this partnership, Nuvei is using its instant money transfer tool to allow players to automatically fund their gaming accounts directly from their bank accounts.

See also: Nuvei gives Hard Rock Sportsbook direct deposit, withdrawal options

In the same week, Nuvei announced it was partnering with Hard Rock Digital to offer payment services for its Hard Rock Sportsbook mobile app to players in Arizona, Virginia and other states where betting services have yet to be launched.

And in April, the company said it was expanding its partnership with Novibet, the European gambling company and online casino, which allows players to deposit money with Apple Pay.

NEW PYMNTS DATA: HOW UTILITY AND CONSUMER FINANCING COMPANIES CAN IMPROVE THE EXPERIENCE OF ACCOUNT PAYMENTS

About: More than half of utility and consumer finance companies have the ability to digitally process all monthly bill payments. The kicker? Only 12% of them do. The Digital Payments Edge, a collaboration of PYMNTS and ACI Worldwide, surveyed 207 billing and collection professionals at these companies to find out why going fully digital remains elusive.

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