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PayNearMe enters agreement with Atleos to expand iGaming payment options

October 24, 2023 World iGaming & Gambling

In order to provide customers of iGaming platforms with more payment options, PayNearMe has teamed with Atleos. The ‘cardless cash’ at ATM feature of the PayNearMe MoneyLine platform will be integrated with Atleos’ API-based solution. Through this link, gamers will be able to use a secure code issued by the iGaming betting application to withdraw cash from ATMs at actual retail locations.

John Minor, the Chief Product Officer of PayNearMe, claims that Atleos’ cardless cash access API makes it easier for users and players to receive cash winnings by streamlining the process of obtaining cash from a gaming app. The partnership with Atleos will enhance customer convenience and enable players to take their wins out of thousands of strategically placed ATMs around the country.

In addition to iGaming operators, this service will be made available to online sportsbooks and betting applications. Its objective is to drive foot traffic in a scalable, self-service manner to partner stores that have ATMs that are compatible.

In order to provide players additional payment options on its MoneyLine platform, PayNearMe has partnered with Tipico.