SGLA Adds Paysafe as Newest Industry Partner

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Lidia Moore

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Expertise: US Gaming, European Gaming Industry, iGaming

Paysafe joins SGLA.

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The trade group said the partnership will support its push for a regulated framework for social gaming and stronger player protections.

Paysafe, which processes payments in 48 currencies and supports more than 260 payment methods, brings nearly three decades of online payments experience to the SGLA. The company has expanded its services across the U.S. market and was recently recognised in industry listings as a leading fintech and global company to watch.

Zak Cutler, president of global gaming at Paysafe, said the company was joining the SGLA to back the group’s work on responsible social gaming. “We are proud to join the SGLA and support its work promoting safe, responsible, and innovative Social Plus games”, Cutler said. “As a global payments leader, we are committed to providing secure and reliable solutions that enhance player experiences while protecting the integrity of the gaming ecosystem.”

Paysafe joins an alliance that includes founding operator partners VGW, PlayStudios, Yellow Social Interactive, ARB Interactive and B-Two Operations, which operate prominent sweepstakes and social casino brands. Major payments provider Nuvei is also listed among SGLA partners.

RELATED TOPICS: Regulation