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EMerchants Limited, an Australian online prepaid payment provider has tied up with bookmaker Bet365.
According to this deal the payment processor will be providing the sportsbook’s clients with reloadable prepaid cards. This payment solution will be released in the first half of 2015 after it is approved by Authorized Deposit Taking Institution (ADI), Australia.
This cash card will allow the bookmaker’s customers to deposit or withdraw cash in their Bet365 account balance in a jiffy. Clients can simply move their earnings from the bet placed into this card and then withdraw them through any of the ATMs located across Australia
Tom Cregan, MD of EMerchants Limited said that they would like to thank Bet365 for signing a multi-term agreement with them and they are looking forward to launch the payment program by the next year which is subjected to the bank and regulatory approval. Cregan also added that the betting firm is an important sportsbook in Australia which is also renowned globally and they are looking forward to work with the bet365 team.
EMerchants is one of Australia‘s biggest prepaid payment solutions provider. The company uses Secure Account Management system (SAM) to provide its clients with payment processing systems that can be used with pre-paid cards.
Bet 365 is a betting organization that offers an online casino, betting and a free sport event streaming service. The group offers its gambling platform to 15 million customers around 170 countries.