The Betsson Group announced an international payments partnership with the e-wallet, MuchBetter.
MuchBetter is now available to players in different jurisdictions, across 10 popular brands, including Betsson, Betsafe.com and CasinoEuro.com.
In addition to providing payments to Betsson players, MuchBetter will allow the operator to offer instant payouts in high-growth markets; the app can be used in over 180 regions.
It also reduces security and fraud concerns through biometric verification and the patented dynamic CVV security feature, which generates a new CVV code every time an online or in-store card transaction is made.
Israel Rosenthal, founder and CEO of MuchBetter, said: “We are now the preferred payment provider for iGaming operators, with nearly one million accounts in over 180 jurisdictions.”
“Betsson has an outstanding reputation in the iGaming market and chose MuchBetter as the payment partner they could trust to help them continue their growth in new regions, under new licenses and with new brands.”
Betsson expanding to new regions
Stefania Zammit Marmara, Payments Relationship Manager at Betsson, added: “The Betsson Group is expanding into some really exciting growth regions.”
“We chose MuchBetter for their ability to help us collect payments in some of our key and emerging markets. We were also extremely impressed with the product’s security and user experience, which were important considerations.”
“We always want the best for our customers, and payments play a big role in the overall experience customers have with an iGaming brand,” concludes Zammit.
Recently, an administrative court in Sweden ruled in favor of the Betsson Group, which received a warning and a fine.
According to the Swedish Gambling Authority (SGA), a subsidiary of Betsson AB would have violated Swedish gambling law, but the court rejected this.
