Online sports players and casino players will soon have faster access to their money through faster payment procedures.
PayNearMe, the leading financial services provider for iGaming and Internet sports betting, is announcing a new partnership with Pin4. In early 2022, online betting will facilitate access to your account. Pin4 is an enterprise-wide fintech company that offers solutions that allow companies to provide their customers with a more efficient way to pay for cash.
PayNearMe iGaming customers who will be on the market in January have quick access to over 18.Thousands of ATMs all over the countrywide.
To start paying off, the player reserves the transaction within his PayNearMe account. If you report the amount of your payment and enter your phone number online, you will receive a text message with a four-digit code. Upon arrival at one of the specified ATMs, the customer receives cash immediately by entering his phone number, amount and PIN.
PayNearMe and Pin4 announced their partnership at the SBC Summit with North America this week at the Meadowlands Expo Center in Secocus, New Jersey.
PayNearMe works in 17 states that handle online games. The company has contracts with nine of the top ten Internet casinos/sports book platforms, including FanDuel, BetMgm and Caesar’s sports book.
The main reason for the frustration of the American eye-gaming players is that they get their funding as soon as they try to withdraw. PayNearMe says the Pin4 partnership will help resolve these complaints.
Money laundering has always been an important issue for players,” said Michael Kaplan, Chief Return Officer and General Manager of PayNearMe.
“With this partnership, we help operators solve problems. We offer the most industry-leading entry and payment opportunities on a single platform and will continue to find ways to expand these options for operators and participants,” Kaplan added.
PayNearMe announces that its Pin4 ATM option will be integrated into the company’s moneyline iGaming and mobile sports betting money movement platform. With the upcoming PayNearMe ATM, players can have their accounts receivable at more than 31.Using thousands of retailers in the United States.
PayNearMe said that customers are limited to $500 cash payments per 24 hours.
The withdrawal of money from your PayNearMe account from ATMs will be a foreign experience for many. But Pin4 says the process is simple.
The customers of Pin4 ATM will begin with the choice of a cardless transaction. Then choose “Mastercard Cash Pickup” and follow the instructions on the screen to enter your phone number, the amount of payment, and the 4-digit pin that PayNearMe sent you earlier by text message.
PayNearMe said the decision to work with Pin4 was due to a large part of online gambling that preferred to use cash for gambling activities. Cash deposits in retail stores are still popular, and more cash-out channels offer only better services demographically,” explains the company.