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Tipico to speed up deposits with BAM Checkout

| By iGB Editorial Team
Tipico, the European gambling operator, is aiming to speed up mobile customer deposits after incorporating technology from Jumio Corp.

Tipico, the European gambling operator, is aiming to speed up mobile customer deposits after incorporating technology from Jumio Corp.

Tipico, a leading operator in Germany and Austria, will use the Silicon Valley firm’s BAM Checkout to streamline first deposits for its mobile customers.

Jumio, a leader in digital ID verification, said its own research shows an average time of up to two minutes for making mobile deposits, with some operators reporting abandonment rates of up to 70%.

BAM Checkout allows customers to scan their bankcard with their mobile device when making a deposit in what it describes as “a fast, secure and seamless process”.

Jim Parkins, Tipico’s director of product management, said: “We want to provide a great customer experience at every step of the process.

“The first deposit is a critical step of the customer journey and sets the standard for the rest of their experience with us.

“With a simple and secure method of making a first deposit, we are giving new customers a first class experience right from the start.

“We have been especially impressed with how simple it was to integrate Jumio’s systems with our. We are sure that this is the beginning of a successful relationship which our customers will benefit from.”

Robert Prigge, chief revenue officer at Jumio, added: “Tipico is a serious name in gaming and we are pleased that to work with them to provide their customers the perfect experience from start to finish. Jumio is rapidly becoming the go-to solution for gaming operators who want to solve abandonment issues and with very good reason.”

Related article: Tipico launches prepaid payment app in Germany

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