Secure Trading and First Data have sealed a partnership that offers a new payment mechanism for processing online gambling transactions in US states where i-gaming is regulated.
The reloadable prepaid offering combines the compliance tools of Secure Trading’s ST-1 solution and First Data’s PayLucky solutions, and is compliant with New Jersey and Nevada regulations.
The virtual prepaid card enables players to deposit and withdraw money from their accounts with licensed online gambling operators.
“Players with the general purpose reloadable PayLucky account will be able to use it to make instant deposits and withdrawals to and from their wagering accounts with licensed operators,” said First Data’s Jonathan O’Connor.
“Acceptance rates will improve significantly for internet gambling transactions, which in turn will enhance the gaming experience for authorised internet gambling operators and their merchants.”
