The integration of Pin4’s technology into the firm´s MoneyLine platform offers players an option to withdraw their funds at nearby ATMs in the US.
US.- The igaming payments platform PayNearMe has announced a partnership with Pin4 to enable operators to give players instant access to their winnings. Pin4’s technology integrated into the company´s MoneyLine platform offers players an option to access their funds in cash at more than 18,000 ATMs in the US.
Michael Kaplan, chief revenue officer and general manager at PayNearMe, said: “Our cash-in at retail option is very popular with players for funding iGaming and sports betting accounts, and those same players want cash withdrawal options.
“By integrating Pin4 into MoneyLine, operators can now give players the option to withdraw their winnings in real-time via cash at nearby ATMs. Together, we are giving operators a fast and convenient way to enable cash payouts for their players. Withdrawing funds has always been a significant pain point for players; we’re helping operators solve for that with this partnership.”
Rich Witkowski, CEO of Pin4, added: “Instant cash withdrawals can help iGaming and sports betting operators attract more players. PayNearMe is the leading payments company in the iGaming and sports betting market. The company’s innovation around the player experience makes PayNearMe the ideal partner to help us bring our cash at ATM solution to the U.S. gaming market.”
PayNearMe operates for licensed operators in 17 US states. Pin4 will be available on the MoneyLine platform in early 2022.