Source: Betsson U.S. Corp.
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  • Nuvei Corporation (NVEI) has partnered with Swedish online gaming operator Betsson Group
  • Nuvei’s Instant Bank Transfer product will enable instant deposits and withdrawals on Betsson’s proprietary online sportsbook
  • Betsson joins Nuvei’s portfolio of iGaming partners including DraftKings, FanDuel, and BetMGM
  • Nuvei Corporation is a provider of payment technology solutions to merchants and partners
  • Nuvei Corporation (NVEI) is up 6.74 per cent on the day, trading at C$62.05 per share at 11:25 am ET

Nuvei Corporation (NVEI) has partnered with Swedish online gaming operator Betsson Group.

The partnership will enable instant deposits and withdrawals on Betsson’s proprietary online sportsbook launched in the United States under the brand name, Betsafe.

Through its Instant Bank Transfer product, Nuvei is providing players on the Betsafe online sportsbook with instant deposits into their gaming accounts directly from their bank account. Players will also benefit from instant withdrawals, which enable them to receive their winnings straight into their bank account in real-time.

Nuvei Instant Bank Transfer also tokenizes players’ financial details when an initial transaction is completed, meaning players are able to deposit or request a payout via a ‘single click’ payment method.

Nuvei continues to expand its portfolio of iGaming industry partners in the U.S. Betsson joins other North American operators including DraftKings, FanDuel, and BetMGM in selecting Nuvei to deliver an industry-leading payments experience.

Betsson’s Managing Director for the U.S., Marina Bogard commented on the partnership with Nuvei.

“We’re committed to offering our players the best gaming experience in the market and payments plays a critical role in delivering that vision. Integrating Nuvei Instant Bank Transfer into our checkout not only gives our players more choice as to their preferred deposit method, it also enables them to request payouts in real-time which we know they demand.”

Philip Fayer, Nuvei’s Chair and CEO, added,

“Betsson has a global reputation as a leader in the gaming industry, which is why we are excited to be supporting them as they grow their presence following a successful launch in the U.S. market.

“Instant, convenient, deposits and real-time payouts are absolutely essential to meet U.S. players’ demands of their sports betting platforms. This is why Nuvei continues to be the market leader for payments in North American iGaming. Already in 2022 we have partnered with some of the most significant operators in the exciting U.S. gaming landscape as it develops at pace, and Betsson certainly falls into that category.”

As well as Instant Bank Transfer in the U.S., Nuvei enables gaming operators to accept over 550 local and alternative payment methods in addition to local acquiring and smart routing for card acceptance.

Nuvei Corporation is a provider of payment technology solutions to merchants and partners. Designed to accelerate customers’ business, Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services.

Nuvei Corporation (NVEI) is up 6.74 per cent on the day, trading at C$62.05 per share at 11:25 am ET.

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