Payment tech firm, Nuvei has announced the expansion of its portfolio of partners through a new collaboration with Wplay.
As part of the link up with the firm, which is a specialist in online gaming in Latin America, Nuvei will provide the acquiring platform and technology to power its Colombian payment operations and further fuel its expansion throughout Latin America.
Yuval Ziv, Nuvei’s managing director of digital payments, commented: “Nuvei’s Cashier has proven to convert more, increase acceptance rates, while streamlining deposits and payouts. By accepting local debit and credit cards, plus local alternative payment options, Wplay can provide its users simple access to their preferred payment method.
“Further, our integrated risk management solutions and embedded eKYC features for quick player onboarding allow Wplay to maximise revenue while minimising potential fraud.”
Accounting for almost half of all online gaming revenue in Colombia, Wplay has integrated Nuvei’s Cashier.
Wplay offers a wide range of betting services on its platform, including casino games, wagers on world events, and a sportsbook of more than 50 traditional sports. As a result of the agreement, users of these diverse services will be depositing and withdrawing their funds through Cashier.
“This agreement with Nuvei will help us maintain the security and ease-of-use of our platform as we scale, upholding the level of service that our customers have come to expect,” said Julio César Tamayo, president of Wplay.
“Now that we’re working with a globally-recognised payment partner that can also tailor its service to the needs of our local marketplace, we feel more confident than ever about the future.”
It marks continued growth for Nuvei, with it also advancing its US wagering profile by confirming that it has secured a ‘technology partner certificate’ awarded by the state of Indiana.
Recognised as a significant ‘2020 corporate objective’, Nuvei payment systems have been approved and accredited as an authorised technology by the Indiana Gaming Commission (IGC).
