Paysafe Partners with Fanatics Betting and Gaming to Provide Seamless Payments Solution
Global payment specialist Paysafe has announced a new partnership with Fanatics Betting and Gaming, which will see the company supply traditional card payments and alternative payment methods (APMs) to the operator.
Through a single, streamlined integration, Paysafe will offer unique API-based solutions to Fanatics Sportsbook, providing a range of deposit and withdrawal methods to meet the operator’s customers’ transactional needs.
The partnership will allow Fanatics Sportsbook customers in Kentucky, Maryland, Massachusetts, Ohio, and Tennessee to make seamless deposits into their accounts using debit cards, eliminating unnecessary depositing hassles and ensuring a convenient gaming experience. The operator also plans to expand its presence to additional states as it pursues expansion in the US.
In addition to convenience, Paysafe’s payment gateway ensures unparalleled speed in processing transactions, completing all transactions in a matter of seconds. Moreover, players who prefer dealing in cash can use Paysafe’s barcode-based online cash solution, Paysafecash, while a variety of APMs will also be made available to players of Fanatics Sportsbook.
Paysafe’s president of global gaming, Zak Cutler, welcomed the partnership with Fanatics Betting and Gaming, praising Fanatics as a powerhouse in the world of sports. He expressed Paysafe’s excitement in backing Fanatics Sportsbook and its customers, emphasizing the company’s commitment to exceed the transactional expectations of the operator and its fans, while expanding the brand’s growth in current and future markets.
Kathleen Boord, Fanatics’ senior vice president of strategic operations, also expressed excitement about the partnership, praising Paysafe’s solutions for providing flexibility through a single integration. She looks forward to the ongoing collaboration with Paysafe as they strive to build on their strong foundation and create the best experience for their fans.
This announcement comes on the heels of Fanatics’ recent approval as the successor of PointsBet’s license in New York. As the partnership between Paysafe and Fanatics Betting and Gaming continues to take shape, both companies are poised to enhance the payment experience for fans of Fanatics Sportsbook.