Maverick Gaming selects PayNearMe’s MoneyLine payments platform

Tuesday, May 2, 2023 1:02 PM
  • Rege Behe, CDC Gaming

PayNearMe Tuesday announced that its MoneyLine payments platform has been selected for use by Maverick Gaming. MoneyLine integrates seamlessly with IGT’s PlaySports platform to offer customers a range of payment types.

“PayNearMe has consolidated the widest range of deposit and payout methods in the industry into a single platform integration with a consistent look and feel, which gives our customers a broad choice of payment options on a single screen,” Maverick Gaming CEO Eric Persson in a statement. “MoneyLine also dramatically improves the overall customer experience. It’s a real game-changer for the industry.”

MoneyLine’s turnkey integration with IGT PlaySports will enable Maverick to process cards, cash, and mobile-first deposit methods, including Apple Pay, PayPal, and Venmo, plus payout options including push to debit. Maverick Gaming also can use MoneyLine’s Cardless Cash at ATM feature, allowing igaming and sports betting players a cardless ATM option to withdraw cash at more than 22,000 ATMs.

“As the industry becomes more sophisticated, players want modern and mobile-first deposit methods and faster payouts,” said PayNearMe Vice President and General Manager of iGaming and Sports Betting Leighton Webb. “PayNearMe gives operators the ability to offer cash, cards, ACH, Apple Pay, PayPal and Venmo for deposits, and payout options such as push to debit, PayPal and Venmo for funds availability in minutes as opposed to days.”

PayNearMe, based in Santa Clara, California, operates and processes payments for licensed online sports betting and igaming operators in 22 U.S. states and is expanding its gaming footprint as new states legalize online sports betting and igaming.

Rege Behe is lead contributor to CDC Gaming. He can be reached at rbehe@cdcgaming.com. Please follow @RegeBehe_exPTR on Twitter.