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Seamless Deposits


Seamless Deposits

As an iGaming operator, you want to make moving funds in and out of your platform as seamless as possible for players. Friction in the payments process, whether it’s failed deposits, limited payment types or slow payouts, can have a lasting negative impact on player experience—impacting your ability to attract and retain loyal players.

With PayNearMe, operators can accept deposits faster and more reliably, with a mix of payment methods that appeal to nearly all player preferences. Players benefit from a simplified deposit experience that supports their favorite payment options, including cards, ACH, cash, and Apple Pay and Google Pay. In addition, operators can rapidly send payouts (via debit cards, RTP network, ACH, etc.) without having to manage multiple vendors or integrations.

“Managing multiple third-party vendors and contracts is not only an administrative and technical burden for operators, but it also creates a disjointed experience for players during a crucial touchpoint—payments in and out,” says Michael Kaplan, chief revenue officer and General Manager at PayNearMe. “Operators can now consolidate key payment types—including Apple Pay and Google Pay—along with payouts onto a single payments platform built specifically for iGaming.”

Over the past decade, PayNearMe’s innovative cash barcode technology has powered cash deposits for nine of the 10 largest operators as measured by gross gaming revenue (GGR). Unlike some cards and bank accounts, cash deposits are reliably accepted, minimizing the chance of failed deposits and frustrated players. PayNearMe is accepted at 20,000-plus retail locations, including participating 7-Eleven and CVS stores across the U.S.

PayNearMe’s Smart Link technology gives players the ability to make a deposit in two clicks—without having to navigate through the cashier page. Operators can text, email or use native app push notifications to send players reminders, announcements, incentive promotions or other player engagements, along with a link they can click to make a deposit anytime, anywhere.

PayNearMe is dedicated to making iGaming payments easy for operators and players. The company’s technology focuses on removing friction to enable operators to deliver a best-in-class player journey throughout the deposit and payouts process. With PayNearMe, operators get to market faster with one platform, one partner and one integration.

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