SafetyPay Joins Hands with Betcris

Online casino operators can use SafetyPay to provide quick and convenient alternative payment methods to non-cardholders or fraud-averse customers who prefer not to share credit card information online.

FREMONT, CA: SafetyPay, the leading digital alternative payment platform providing solutions across Latin America and Europe, has entered into a partnership with Betcris, Latin America's leading sports betting and iGaming brand. SafetyPay's solution for providing alternative payment methods will enable players to make online deposits and cash payments through banks or cash collection points.

More states legalising sports betting, combined with the Covid-19 pandemic, which forced casinos to close and many people to stay at home, led to a surge in online games and betting in all forms. The global online gambling market is expected to be worth more than $92.9 billion USD in 2023, nearly doubling the current market size of $59 billion USD (source).

Online casino operators can use SafetyPay to provide quick and convenient alternative payment methods to non-cardholders or fraud-averse customers who prefer not to share credit card information online.

Instead of using a credit or debit card, Betcris players will be able to pay for online games and sports betting with a bank transfer or cash. Customers can use SafetyPay's solution without risk because they are never asked to share any personal information or details. The platform supports connections to banking institutions, where customers can enter their banking credentials to conduct secure transactions. Furthermore, payments are made automatically in the player's local currency, transactions are completed much faster, and funds are available immediately.

"By accepting alternative forms of payment powered by SafteyPay, Betcris expands its customer base by providing access to people around the world that either do not have credit cards or have them but do not want to use them online," stated Gustavo Ruiz Moya, CEO, SafetyPay. "Powering secure payments is a core focus for SafetyPay. Using the latest technology we're able to better protect our customers – both consumers and merchants – and provide the best experience when they transact online."