MoneyMatrix Announces Partnership with PayPal

MoneyMatrix announced partnership with PayPal that will allow payment processing gateway’s iGaming clients to offer players PayPal top-ups and withdrawals in 14 EU countries and well as in the UK.

As part of the deal, the popular payment solution platform can now be swiftly integrated by iGaming operators and all that can happen through company’s payment processing platform.

The partnership will allow casino operators and bookmakers that are currently using MoneyMatrix to offer players a choice to handle their payments with the help of one of the most popular methods.

Simple and Easy Payment Process

MoneyMatrix provides convenient and easy-to-use payment methods for all their iGaming clients. The company’s vision is to make the payment process simple for the users, as well as accessible to everyone interested in it.

Regarding the latest deal, CEO of MoneyMatrix Samoil Dolejan commented that since PayPal is already one of the most popular payment methods worldwide, for his company was only natural to enter partnership with it.

Dolejan expressed his excitement for his company’s clients being able to access PayPal’s solutions. He added: “Players in 14 EU countries and the UK will now be able to select PayPal as their preferred payment method, which is highly convenient and definitely an added benefit for operators using MoneyMatrix”.

“There is no gambling without payments, and we are dedicated to helping our clients run their operations smoothly and effectively while giving them access to a vast portfolio of global and local payments methods.”

According to the new deal’s policy, the iGaming operators will be able to send and receive payments from and to players via PayPal. The service will be available to various countries, including Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Poland, Portugal, Romania, Spain, Sweden and the United Kingdom.

As Dolejan said, PayPal is one of the most popular digital payment solutions for more than 20 years. The company makes the financial services and commerce more convenient, affordable and secure by leveraging technology.

The PayPal platform is used by more than 350 million consumers and merchants in more than 200 markets.
Last year, the company banned German gamblers from using their PayPal accounts for online casino gambling purposes.

While PayPal is a platform with long history, MoneyMatrix is one of the latest generation of processing platforms. It uses the best technologies that meet all of operators’s payment processing and risk management needs.

A single integration, created by the payment solutions company can provide payment routine, risk management and KYC solutions worldwide.

The recent deal with PayPal will provide MoneyMatrix with a powerful partner and will ensure PayPal’s further expansion.

Source: “MoneyMatrix Makes Paypal Available for iGaming Clients in 15 countries” MoneyMatrix, January 20, 2021

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