Esports Entertainment sets first with payments service

Esports Entertainment Group has claimed an industry-first by joining forces with MoneyMatrix to launch a payment processing service on its wagering platform.

The NexGen Payment Processing Platform will provide Esports Entertainment customers with over 150 international payment solutions.

Esports Entertainment will also have access to risk, anti-money laundering and know-your customer services via a single API.

MoneyMatrix, part of the EveryMatrix Group, works with more than 60 solution vendors to create a multi-solution, multi-currency portfolio.

“Esports customers transact in many currencies and forms from major credit card processors to e-wallets and local payment solutions, so providing them with flexibility and security is paramount to their satisfaction,” Esports Entertainment chief executive Grant Johnson said.

“In addition, MoneyMatrix provides anti-money laundering tools, transactional and risk management data that is consistent with our philosophy of providing the safest, most secure, transparent and regulated esports wagering platform in the world.”

Sandra Barton, chief executive of MoneyMatrix, added: “MoneyMatrix is the next generation of processing platform – we are not a solution, we are the solution.

“We have created an all-encompassing platform that allows clients such as VIE.gg to run their business as they best see fit.

“We are very excited to have VIE.gg as our first esports merchant and look forward to helping it become a global success.”

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