Payments platform PayNearMe Thursday announced it has received approval to provide its MoneyLine platform in Arkansas. The Razorback State is the 19th in which the Santa Clara, California-based company operates and processes payments for licensed online sports betting and igaming.
The MoneyLine platform is currently live through BetSaracen, the sports betting app for Saracen Casino Resort in Pine Bluff. It also is available to other operators in Arkansas.
“We’re excited to offer our best-in-class igaming payments platform to Arkansas operators and partner with Saracen to deliver player-preferred tender types, including PayPal, Venmo, and cash,” said PayNearMe Vice President and General Manager of iGaming and Sports Betting Leighton Webb in a statement. “We look forward to being able to further expand their payment options as they grow, while helping them manage costs and maximize revenue.”
PayNearMe’s integration with BetSaracen is made possible through the company’s strategic partnership with Amelco UK, a sports betting platform provider used by Saracen and other gaming operators in the U.S. As a preferred payments technology platform for Amelco, MoneyLine, enables both deposits and payouts for Amelco operators, helping them get to market fast with a full range of payment types to satisfy player preferences.
