LONDON – 15th March 2016 – Paddy Power Betfair, one of the world’s largest online gaming operators has chosen Worldpay, a global leader in payments, to provide payment processing services and gambling expertise for its online customers.
Understanding the needs of the fast-paced sports betting industry, Worldpay will provide Paddy Power Betfair with payments insights, knowledge and expertise to help grow its business and improve processing efficiencies – as well as supporting its global ambitions.
By working with more than 150 of the biggest names in the industry, Worldpay has accumulated a vast amount of regulatory and gambling industry experience that it has incorporated into its tailored products. This wide breadth of customers has given Worldpay an unparalleled view of consumer betting behaviour, which it uses to help gambling companies benchmark their performance, maximise payment acceptance and minimise fraud risk, all while lowering cost.
Ciarán Scallan, Director of Customer Payments & Fraud at Paddy Power Betfair, said: “It is vital for our customers to deposit and withdraw funds both efficiently and reliably. We continue to see fantastic growth, and with the football season coming to an exciting conclusion and the European Championships coming in the summer we were keen to add a trusted advisor to our payments infrastructure. ”