Mediatech updates its payment system

Paymagnet.com operates transactions for online and smartphones’ bets.

Gaming services provider added an innovative payment offering to its online portfolio.

Spain.- Mediatech Solutions teamed up with Paymagnet to offer an innovative payment system which can process credit card transactions directly through sensors on smartphones. The agreement covers Mediatech’s services in Europe so far. Paymagnet will be integrated to gaming company’s IRIS platform.

The market-leading portfolio of 1,500 omni-channel games by Mediatech will be provided with Paymagnet’s system of contactless MasterCard and Visa payments without the need for a POS system, infrastructure or wallets. The revolutionary solution uses the NFC-enabled smartphone to connect the transactions.

“We pride ourselves on offering an unparalleled omni-channel experience, so any provider which offers innovative solutions in this field will always be of interest,” explained Daniel Graetzer, Mediatech Solutions’ executive director. Paymagnet focused on casino players to implement their system and it is achieving great results in local customers.

Paymagnet executive director, EMEA Martin Glettler added: “We are delighted to be integrating with Mediatech, a company which leads the way when it comes to omni-channel gaming and we look forward to a long and mutually beneficial partnership.”

Did you like this article?