Latest News
TrueLayer launches European payments combining instant player deposits and withdrawals
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iGaming operators can accept instant, account-to-account payments and instant withdrawals in any app or website, delivering the most comprehensive European payments experience.
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Jack Potts Bingo in Ireland is already live using the product with Spanish operator Codere going live in the coming weeks.
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Payments with TrueLayer are lower cost and lower fraud than traditional payment options including cards, manual bank transfer and digital wallets.
TrueLayer, Europe’s leading open banking platform, today announced it has launched its closed-loop payment product across Europe, including Ireland, France, Germany, Spain, Lithuania and the Netherlands. iGaming operators can now offer secure, instant and cost-effective deposits and withdrawals across the continent.
Traditional payment methods weren’t built to handle the speed of online commerce. With cards taking up to three days to settle, operators struggle to manage liquidity, while players have to wait in limbo for withdrawals. Cards and digital wallets generate substantial costs through interchange fees, chargeback penalties and time-consuming manual tracking processes. There is also the issue of rising card fraud in Europe, which totalled €1.55 billion in 2020, with card-not-present fraud accounting for 76% of those cases. France, Germany and Spain all ranked in the top five for card fraud losses.
TrueLayer is addressing these points with a more cost-effective, frictionless and secure European payments platform for iGaming operators, built on open banking and the fastest available bank payment rails. It delivers:
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Instant pay-ins: Players can top up their accounts in seconds with account-to-account payments. Deposits settle in a dedicated merchant account and are automatically reconciled against customers’ details.
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Instant withdrawals: Verified account details are associated with each player allowing businesses to provide instant withdrawals and refunds back into the same account used for the deposit with a simple API call.
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Dedicated merchant accounts: Operators can automate reconciliation processes and gain full visibility of their player’s account details as soon as payment settles. They can also withdraw automatically into their bank account.
Roberto Villani, Head of iGaming at TrueLayer, commented: “With TrueLayer, iGaming operators across Europe can create a better payment experience. A single implementation of our platform delivers immediate deposits so players can get started and instant withdrawals for their winnings. Card refunds can take up to five days, destroying customer loyalty in the process, while other methods are prone to operational inefficiencies, human error and lost payouts that can damage businesses’ reputations. With TrueLayer, players can see the instant transfer of funds with minimal fuss or having to chase support teams asking where their money is.”
Ran Kshivizky, Payments Product Manager at Codere, explained: ‘We want to deliver the best player experience possible and if you can pay instantly you should be able to get your funds out instantly. When you know you can access winnings quickly that is also a differentiator for Codere and is also likely to make players come back. TrueLayer provides the ideal solution as it’s money in and out straight away – without the poor UX and operational overheads of cards, manual transfers or wallets.”
TrueLayer Payments is the most comprehensive solution on the market, delivering significant benefits for operators and players, including:
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Instant access to funds: payments are confirmed instantly, enabling operators to serve players more efficiently and receive funds faster. Real-time payment confirmation provides peace of mind that each transaction has been authorised.
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Frictionless checkout processes: inputting card details is inconvenient for players and errors can derail the entire payment process. TrueLayer removes any manual entry on banking details, eliminating mistakes and making it easier to complete a payment.
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Fewer abandoned payments: tested on millions of transactions across the UK and Europe, TrueLayer’s embedded payment flows make paying easier than ever. The result is fewer payment abandonments and higher conversion rates.
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Lower operational costs: Open banking removes interchange fees and chargebacks of cards, making them far more cost-effective. TrueLayer automates expensive and time consuming manual processes such as reconciliation and sending payouts, with full visibility of all payments via the merchant dashboard.
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Reduced payment fraud: Payments are PSD2 and SCA compliant, with payments authenticated directly with the bank, reducing the opportunity for fraud and chargebacks.
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Enhanced player experience: Instant deposits enable operators to provide access to their services with the certainty they have received the funds and players to use their funds immediately. Instant withdrawals through TrueLayer provide an additional level of assurance that their money will be returned efficiently.
Till Wirth, Head of Product at TrueLayer, added:“We have used our experience and expertise to deliver an effortless way to onboard new customers and enable them to quickly fund their accounts and withdraw winnings, delivering faster, safer and lower cost payments for operators in the process. That, in turn, supports increased trust and loyalty – for example YouGov research showed 64% of players were more likely to trust an operator that offered instant withdrawals and deposits. More than half (55%) said they were likely to switch to a provider that offered instant withdrawals.”
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RocketPlay launches Sports Advent Calendar for December: daily surprises await
The holiday season is here, and RocketPlay is bringing an extra dose of excitement to players with its exclusive Sports Advent Calendar. From December 3 to December 25, each day will unveil a new challenge and reward, turning every moment into a festive thrill for betting enthusiasts.
Advent calendars are a beloved holiday tradition, offering surprises behind every door. RocketPlay has reimagined this concept into an action-packed betting adventure, where each “door” reveals a unique opportunity to win. From Freebets to combo boosters, no-deposit bonuses, and beyond, players can enjoy daily gifts designed to make their December unforgettable.
How does it work?
The RocketPlay Advent Calendar offers a straightforward approach: participants log in daily, check the calendar, complete the designated task, and receive a generous reward. Some examples of the challenges include:
- Placing three bets of 20 EUR or more on Hockey with odds from 1.60 to earn a 10 EUR Freebet.
- Making a combo bet with at least 3 NBA matches with odds from 1.70 for a 10% boost on the final odds.
- Creating combos with EPL matches at odds from 1.70 to unlock a 10% odds boost.
Each day introduces a new activity, providing fresh opportunities to participate and enjoy special rewards throughout the month.
Why RocketPlay?
RocketPlay isn’t just a betting platform. It’s a community of thrill-seekers and reward chasers. With a wide array of betting markets, generous promotions, and top-notch support, it is dedicated to making every player feel like a winner.
This December, RocketPlay is set to add a touch of excitement to the holiday season. Players can visit daily, unlock the Advent Calendar surprises, and turn this month into their most rewarding December yet.
The post RocketPlay launches Sports Advent Calendar for December: daily surprises await appeared first on European Gaming Industry News.
Latest News
SPAYZ.io showcases its innovative payment solutions at SiGMA Malta
SPAYZ.io, a leading global payments platform, made waves at SiGMA Malta 2024 by introducing a suite of innovative payment solutions designed to empower businesses in emerging and high-growth markets. The event provided a platform for SPAYZ.io’s dedicated team to connect with over 30 current and prospective partners, ranging from startups looking to scale to mid-sized and global enterprises seeking expansion into untapped regions.
The SPAYZ.io team conducted live demonstrations, explored collaboration opportunities, and highlighted its comprehensive payment solutions tailored for businesses targeting high-potential markets. The platform’s Open Banking solution attracted significant interest, particularly for its seamless access to high-demand markets in Europe, regions recognized for their exceptional growth potential.
Key takeaways from the conference included strong appetite for SPAYZ.io’s Open Banking solution and its access to high in demand Europe countries which offer significant growth opportunities. SPAYZ.io also noted a strong interest in payment access in African and Asian countries.
These included India (UPI P2P/UPI P2C), Pakistan (Eazypaisa, JazzCash, Bank Transfers), Bangladesh (Nagad, Bkash), Thailand (QR Code Payments, Online Banking), Malaysia (Online Banking, E-wallets) and Kenya (M-Pesa).
Looking ahead, SPAYZ.io will be making regular appearances at similar industry events in the coming year, as it looks to strike relationships with new clients and partners.
Dmitrii S, Head of Strategic Partnerships at SPAYZ.io, reflected on the event’s success: “Our presence at SiGMA Malta came at a pivotal moment for SPAYZ.io. We’ve been expanding our platform with cutting-edge payment technologies, targeting new geographic markets, and building robust payment bridges that enable our partners to thrive in these regions.“
“The event provided a fantastic opportunity to connect with a dynamic audience of industry professionals. We saw substantial interest in our Open Banking solutions, customized payment methods, and our strategic focus on emerging markets in Europe. These are key areas of growth we’ll be advancing in the year ahead.“
“We’re excited to showcase our progress at future events and would like to extend our gratitude to everyone we connected with at SiGMA Malta. For those who couldn’t join us, I encourage you to reach out and discover how SPAYZ.io can drive your business forward as part of our growing strategic network.”
With a decade of experience in the fintech industry, regulated iGaming, and Forex industries/businesses, SPAYZ.io has rapidly emerged as one of the world’s fastest-growing payment providers, delivering seamless, localized payment solutions across Asia, Africa, and Europe. By integrating technologies such as
Open Banking, SPAYZ.io enables businesses to access untapped markets while offering tailored payment experiences that cater to diverse customer needs.
The post SPAYZ.io showcases its innovative payment solutions at SiGMA Malta appeared first on European Gaming Industry News.
Latest News
Week 48/2024 slot games releases
Here are this weeks latest slots releases compiled by European Gaming
Spinomenal has enhanced its impressive slot portfolio with the release of Break the Piggy Bank. The game is part of the Classics Series. A vault stacked high with gold coins sets the scene for this fun slot game that is presented within a 5×3 frame. Sacks of gold coins, pigs, wads of cash and a dazzling diamond make up the medium symbols.
Betsoft Gaming has released Coins of Slotshammer – Hold & Win, a new 3×3 video slot crafted specifically for SlotsHammer. This branded title invites players to explore the mysteries of ancient Egypt, where treasures and timeless beauty come to life with dynamic spins and rewarding gameplay. Featuring Betsoft’s enhanced Hold & Win mechanic, players can unlock exciting features by collecting BONUS and RA BONUS symbols.
PokerStars is thrilled to introduce its latest online slot game, Power Path Lucky Reels, where players can win Power Path tickets and passes worth up to $10,300 at any time during gameplay. This innovative slot game offers players an exciting new way to secure Power Path Passes and access some of PokerStars’ most prestigious poker experiences.
BGaming has discovered a brand-new moon where Christmas-loving spiders are ready to party. Wild Moon Thieves X-Mas Edition is a charming seasonal slot which features a whole host of special symbols, including Collector, Booster and Cleaner symbols, two Bonus games and an inviting mini-game. With the lunar glow shining over the 5×4 game field, friendly Wild Moon spiders come out to unleash mischief on the reels, delivering a delightful bundle of festive treats.
In the misty forest at dawn, a mysterious howl pierces the silence. What mysteries does the seemingly ordinary forest hide? And what is the source of that howl? Big Brown is an online slot from the provider Endorphina featuring 6 reels, 4 rows, and 4096 fixed pay ways. The slot takes players through the beaten forest pathways, introducing them to different woodland creatures.
PopOK Gaming has officially released its latest slot game, Lucky Clover! This vibrant new game features colorful graphics and engaging symbols, inviting players to spin the reels in pursuit of luck and treasure. Lucky Clover offers thrilling opportunities for exciting wins at every turn, making it an entertaining experience for both seasoned players and newcomers alike.
Thunderkick has launched Hot Turkey, its latest holiday-themed release that channels Christmas spirit and unwraps maximum wins up to 10,000x. Candy canes, mistletoe, and Christmas gifts adorn the reels of this 7×7 Cluster Pays slot, where the Avalanche mechanic returns to boost payouts by replacing all symbols from winning combinations.
Join Jack as he climbs the magic beanstalk in search of giant prizes in Golden Goose Megaways, the latest slot from Big Time Gaming. Golden Goose Megaways™ introduces BTG’s signature high-volatility mechanics with a twist. It brings the legendary tale to life and with up to 117,649 ways to win with every spin comes brimming with magical big win potential.
Everygame Casino has just introduced a brand-new Christmas game and a new crash game. With 178 chances to win on any spin, Rudolph Unleashed is loaded with features for wintertime wins. Ripcord Rushis a multiplayer crash game where players try to cash out before their parachute randomly opens. Santa’s favorite reindeer is causing mayhem in Rudolph Unleashed. Santa Scatters can trigger a re-spin feature with Santas held in place.
Starburst Galaxy, a sequel to the iconic Starburst that reshaped the online slot market, is propelling veteran NetEnt to new heights. The game takes players on a cosmic journey and launches NetEnt into the next phase of its evolution. As players blast off into a stellar adventure with this dazzling sequel, NetEnt enters a new era. The revolutionary developer’s Phase 1 brought online slots to desktops without cumbersome downloads and allowed players to trial games through free play.
Hellish 777 (Höllische 777 in German speaking regions) the newest game from Hölle Games and the first 3×3 in the Hellish Seven franchise. Fans of the series will instantly recognise the heavy metal backing track, the ever-present flames and of course the famous Seven itself, which in this game is a Wild, a 2x Wild and also a 3x Wild.
TaDa Gaming has released its latest slot game, Trial of Phoenix. Offering cascading reels, scatters, multipliers and an expanding grid, players will be captivated by the gamification and win potential with every spin. The fabled rebirth of the Phoenix sets the scene for magical play. Beginning with three rows, six reels and 729 ways to win, trigger 12+ winning symbols and Phoenix Egg Scatters and the grid will expand to four rows with 4069 ways to win.
Push Gaming ventures deep into the jungle with its latest spin on cluster games releasing Jaguar Drop, a vibrant alternative in the Hold and Win genre with a unique play style. Targeting UK market trends, Jaguar Drop rewards players who like to see features triggering frequently, delivering an experience that maintains excitement throughout their play sessions.
Blueprint Gaming’s iconic gorilla makes a special, festive return in the studio’s latest release, King Kong Cash™: Even Bigger Bananas Power Play, offering slot enthusiasts a plethora of bonus rounds to enjoy just in time for Christmas. The 4,096 ways to win slot takes its place in the depths of a frozen jungle with the 6×4 grid playing host to a series of Kong’s fellow inhabitants and festive-themed bonus icons.
It doesn’t matter whether you’ve been naughty or nice this year because Booming Games is delivering the perfect Christmas gift for everyone: the shiny, new Holly Jolly Cash Pig. Luxury is everywhere you look on this 5×4, 30-payline slot. The reels are rich with all the shiny, sparkly things you could ever dream of – gold rings, expensive watches, sports cars and even private jets.
New board-game based entry in the Elysium Studios – Driven by Swintt line-up sees tactics meet tinsel as players get into the holiday spirit with big wins of up to 9,021x. We all know nothing beats a good board game over the holiday period – so to help players get into the competitive spirit this Christmas, Elysium Studios has created a cracking new Chessmas slot where making the perfect play could result in a flurry of festive wins.
Amusnet has unveiled a great seasonal addition to its Online Casino portfolio, Coin Gobbler – Christmas Edition. It features one of the company’s most likeable characters and a new theme that brings joy and a Christmasy mood. Once again, the distinguished gentleman Oscar and his favourite pet – the golden piggy – are here. This time, they are set within a fun and colourful Christmas theme to put everyone in the right mood for the upcoming winter holiday season while guiding players through the game and helping them gather the precious Bonus coins.
Playson, the accomplished digital entertainment supplier, is embarking on a mouthwatering adventure in 25 Cookies: Hit the Bonus™, with delectable Bonus Games, lavish multipliers, jackpots and the Hit the Bonus series’ largest-ever 5×5 game field. A wholesome festive backdrop sets the scene for the engaging Bonus Game, which can be triggered by landing five symbols on the middle row, with a stocking’s worth of rewards ready to unwrap.
The post Week 48/2024 slot games releases appeared first on European Gaming Industry News.
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