HomeGambling IndustryBetr strengthens payment options with Paysafe

Betr strengthens payment options with Paysafe

TECH AND INNOVATIONS19 Jul 2023
3 min. read
Payments with phone.

Betr, the betting platform launched by Jake Paul and Joey Levy, and not to be confused with the Australian homologue, has launched a new partnership with Paysafe, a company that specializes in quick and efficient payments for the gambling industry.

As a result, Betr will strengthen its payment options for its betting operations in Ohio and Massachusetts. The platform is built around the concept of micro-betting, which Levy and Paul claim is a way to engage with customers in new ways and provide newer generations with the type of sports gambling content they are after.

The new partnership enables debit card payments and it further boosts Paysafe’s presence in the United States, as the gambling industry continues to open up and expand.

Betr is strengthening its payment options as it’s keen to make its product offer more accessible and appealing to consumers, offering them a chance to bet on every single moment of a sports event while also benefiting from flexible payment options. Paysafe President of Global Gaming Zak Cutler said:

"We’re proud to partner with Betr, which shares Paysafe’s own dedication to product innovation and driving the broader evolution of the US sports-betting space."

Betr allows players to download the app directly on iOS or Android and play on the go, while benefiting from Paysafe’s powerful banking platform. In addition, Paysafe will also enable Betr to tap into a range of alternative payment methods (APMs) such as digital wallets and eCash and significantly boost the payment solution for players.

Cutler is confident that the partnership will allow Betr to considerably expand its offer in the two states. Meanwhile, Betr Levy has welcomed the opportunity to work with Paysafe and said that the company provides a reliable and safe experience to customers.

Levy assured that this partnership is just one of many to come, and all of which are intended to scale the innovative edge that Betr has on the competition. Meanwhile, Betr is also planning to push past its bastion known as micro-betting and expand in more traditional forms of betting and iGaming, as the company seeks to gain a strong foothold in the United States.

Although Paul’s popularity in the United States is huge, the platform is yet to make meaningful inroads in terms of revenue. In the meantime, several high-profile brands, including PointsBet and MaximBet had to wind down their operations or withdraw from the country’s market.


Image credit: Unsplash.com

TOPICS: BetrPaysafe
19 Jul 2023
3 min. read
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